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