Hi Volt,
I am pretty sure you have address this question before but may I just ask again.
The US is now waking up to the reality that they may be in Recession - it is strange because we have heard of this for a few months and yet it gain more strength the past two days due to Wednesday and Thursday economic data. Bizzare.
Assuming that US is starting to fall into recession, how could we possibly have a rally over the next few months.
Our market mentality is so tightly wowen to the US...
i.e. they drop, we drop more
they go up, we go up less because we always build in our expectation that it would be more negative the next day.
This is just my market observation/psychology.
Would appreciate your views.
Thanks
JK5
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