Wednesday, October 19, 2011

Depression in US/EU???

From my friend Terry Chan
This was happening during the great recession -- 1930. A lot of professionals (Accountants, Bankers) were lining up outside a church and begged for foods. This may happen again in Euro/US. For the Stock market rebound last week, i would say, "Sorry, nothing has been resolved..." It looks like a technical rebound and the only reason for the rebound is "the market dropped too quick, NOT too much.". That's it.