Bull or Bear?
Last week, I went in on margin to invest in a company I have been following for a while, that fell 30% in the last month. So far I am up on the trade, but went in with the intention of it being a long-term investment. However, I have a horrible feeling that this market is way overinflated and it may not be the time to go in on margin. The market keeps going up, but all I seem to hear about in the news is the demise of America and high unemployment. Who is a bull and who is a bear for the 12 months ahead of us?
I think it's very hard to figure out where the market is headed at least until qe2 officially ends. IMO the markets have been artificially inflated because of the asset purchasing, and don't necessarily know if this bull market can be sustained after the fed closes out qe2. Will be interesting to see how the summer plays out
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