we will get a xmas rally up from here

  1. 2,047 Posts.
    how do i know. fund managers have to make a profit. yes the markets are that simple. markets very simplistic now. the big guys often do the same thing especially in countries like germany. the big guys either all sell or all buy thus the big moves in the german markets in one direction or the other. daytraders effect the day to day running of the market but the big guys still hold sway to what the markets end up doing.
    bar any shocks out of europe and japan etc the markets will go up for a nice xmas rally.
    europe news today:they will print just under a trillion euros if needed. markets wanted 2 trillion but there was and is nothing stopping europe printing the wanted 2 trillion euros if needed. so market fears should be eased.
    american economic figures of late have been improving and not deteriorating into a recession.
    i say again bar any shocks the markets are heading up into the year end. well i hope so anyway.
 
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