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Morgan Stanley Message Board

  • gadder007 gadder007 Jul 27, 2009 8:09 AM Flag

    Futures higher - Rally has legs EOM


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    • listening to Bloomberg last night and sentiment is more bullish now than ever, claiming the rally will continue well into August. I was trying to feel if there was a bit of caution on valuations but Wall Street is now upping their estimates for first time since April 2007.

      China is also re-investing in US and Canada, one main reason for the 2007 bubble.
      One example for China is their 101M share purchase of TCK at $17C - now trading at $27C since mid-July and rising 3-5% daily.
      That's a 60% jump in 2 weeks, after rising from $4 in March!! Talk about easy money...

31.04-0.73(-2.30%)Sep 29 4:02 PMEDT