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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