Thursday 20 June 2013

US Dow decrease after Ben speech, we got it right

Dear Friends,

Indeed Dow decreases 100 plus points after Ben long awaited speech like what we predicted yesterday. A drop.

http://www.danielloh.com/2013/06/expectation-before-ben-bernanke-but.html

The main reason is that the expectation of a miracle on Ben is too much, and has already been priced into the run-up. I expect the recent run-up to slow down.

2moro we shall give u more of our views. For now, tatas. It is time to sleep, after a predictable speech.

Rgds
Daniel
www.danielloh.com

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