Market Makers Dilema coming up with commercial loans
Joel WissingForbes outlines a very revealing look at the next few months through 2013 in real estate. http://www.forbes.com/2009/08/03/commercial-real-estate-markets-equities-banking.html?partner=alerts This will be another run on banks underwriting procedures and more money in the form of bailouts.
Will this be good for the market? Well, if we look at this last stimulus bill and see its effect on equities I would definitely say, Yes… Remember the performance of the stock market is not based on the fundamentals of the economy. Presently, it is based on the stimulus from the invisible hand of the government.
I think there is a possibility of a quick sell off with a retracement of this move off of the 666 bottom.
Joel Wissing Day trading course psychology Trainer and trader S&P 500 emini futures, emini dow, Oil futures, gold,ETF's and stock Trader. Connect with Joel Wissing on Google+
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