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5 REASONS TO EXPECT A NEAR-TERM SELL-OFF
Strategists at Credit Suisse are currently expecting a near-term equity sell-off, but are not yet concerned about the downturn evolving into a larger bear market decline. Why have they turned a bit more cautious? A series of psychological, fundamental and technical events:
Submitted by
tschuma417
11/30/2009
HyperLink play it email it
tschuma417
11/30/2009
tschuma417 is playing it
Short1.85%
Short14.14%
Short5.87%
Short1.1%
I am playing this headline with (SPY DIA QQQQ IWM) because Credit spreads have begun to widen in the last few months. Not surprisingly, investors are beginning to focus on the long-term debt problems around the globe. In addition, Dubai and the upcoming wave of mortgage resets could prove a reminder that the credit crisis is not quite over yet.
 
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