Jump to content



Photo

Last chance to go long ?


  • Please log in to reply
No replies to this topic

#1 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 25 November 2012 - 10:46 PM

If we get a good correction this week, it seems like we could get a serious rally on the back of an optimistic "cliff avoidance" play. Also, my brother in law has noticed a pick up in his HVAC business, which he hasn't seen for a long long time. This happened over the past recent months, and now seems to be kicking in full swing, as people who he wondered had forgotten what repairs were, and how to spend money, are now loosening purse strings. Maybe all that QE has finally and truly kicked in at the small business level, and we get a nice little burst of inflation going, causing stocks to rise, dollar to fall, and people thinking that the "top" was in, now getting a little QE fairy dust splashed in their eyes. Santa rally thrown in there, with all the people spending, low fuel prices for a few months before we get some commodity inflation all across the board. I'm seeing lots of Xmas lights too, which has been sort of absent the past few years, with some people really doing it up who hadn't done so since before '07.
OTIS.