Market Trend March 06, 2012

Has not be blogging since I was involved in a major project. Partly due to change of computer, the setting up was not quite ready.

It appears to me that the bulls are running a little bit tired. Some form of corrections should be in the cards. Maybe, it will not be major since there are still liquidity and Fed is always ready to intervene by injecting more money. Now that Greece issue is no longer a major concern, the market will be focusing on other issues. So far, economic data has been decent and it appears the economy is getting better though not that good. US presidential election coming, Fed is always ready to "help" the incumbent. That's how they protect their job?