The market has been down for 5 consecutive days with fear of Euro sliding down. I expect the market to go up tomomorrow after the senate vote for 1 trillion bailout plan in German yparliament. If it is approved which is most likely to happen, the stocks from European region such as AIB, IRE, RBS, LYG, NBG will play important part tomomorrow. I expect the market to rally again and bringing confidence back in investor. So keep an eye on the news of bailout.
Today was a good day to buy IRE which was 19% down. It did recover 5% every hour.
FAS was down and it made 5% gain. FAZ was bullish and went up 12%. If the market is up, I am with FAS and IRE. If the market is down i am with FAZ. Enough of seeing Red territory its time to go for green.
No comments:
Post a Comment