Market- 11Sept2009

Hi,
The market does not seem so right, USA market is losing momentum (slow and quiet) may going into side wave, It may reach the top and start  to reverse?? no body know, do you? The rally in USA begin from Tuesday day after that it slow down. There are no news that support the rally except news that saying "Better then expected" which indicate the market still in trouble.

Yesterday, Prime minister of China(Mr.Wan) indicated that China will continue to have stimulus package to boost China domestic market to sustain the economy growth, This also tell the china market need more money and does song it is recover, otherwise why the government pour in more money.

Again, Gold price is going up same as Oil prices. When oil price reached 100usd perhaps the inflation will come a 2nd recession appear??

I decided to reduce what i have in the stock market and keep the cash with me for a while, As you may still remember, during the recession Cash is KING.

good luck and start to be more careful when you buy and sell in the market.