I have a wish now... that this Thursday the market disappoints at what Ben Bernanke said. You may wonder y I said so. Let me give you my reason...
If this Thursday, Ben really give a definite yes to QE3, the market will soar to new height. It may gap up 300 points and keep running. This can be seen by last week's Draghi performance as Dow increase 200 plus points in one shot.
However, if that happens, then this hope would be gone to give us any more excitement. The only reason why these few months we have forgotten about Europe crisis and market have been soaring is because of "Expectation and Hope". These 2 words are the catalysts to the stock market.
For the market to go further, there definitely need to be a pause. I would rather it to be sooner rather than later.
So far, Big Ben has been doing a perfect job until now. So I hope that this hope continues till Christmas...