Its so interesting that chicago has two sporting team named "Bears" and "Bulls". The reason I mention it because we do have people who are bearish or bullish about the US stock market.
I, myself is leaning toward more bearish since we had credit, subprime mess and housing crash happened. The last good support is US employment. So far, the employment condition is acceptable so the Stock market still perform in upward direction. If the unemployment index is rising, I would be proudly to announce I am a "Bears" means I definitely bearish for the US stock market. Let see if Fed could resuce our US economy by reducing interest rate cut again.
Tuesday, December 11, 2007
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