In February I did a simulation of the market. And if you look at how I predicted things, it has turned out to be pretty much on the money. My tops and bottoms are not completely right in terms of values, but pretty close. Closer than I expected.
Along comes RBS and says the following.
A credit strategist from the Royal Bank of Scotland warned investors in a note that the S&P 500 may fall by more than 300 points by September and that iTraxx index of high-grade corporate bonds could soar, according to a report in the Daily Telegraph newspaper. “Cash is the key safe haven. This is about not losing your money, and not losing your job,” the RBS strategist, Bob Janjuah, was quoted as saying.
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Wednesday, Jun. 18, 2008
by Christian
Ok I have officially turned bearish on Apple. Has the iPhone been a success? Yeah it was ok, but pretty good in general. I turned bearish because iPhone2 is not a cheap deal. The iPhone at 399 was a cheap deal because you could jailbreak your iPhone. And this was the exact reason why people bought iPhones. Youth could buy an iPhone and use it with their existing cell phone networks.
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Thursday, Jun. 12, 2008
by Christian
So here is the question who is at fault? Is it demand or is it the speculator? I decided to find this out once and for all what is going on. In Michael Masters testimony he said that the Index Speculator is making things worse because of the calendar spread that is being created. The question though is Michael Masters right or wrong?
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Monday, Jun. 9, 2008
by Christian
