Mkt not short?

Morgan Stanley Is Warning Of A “POWERFULLY NEGATIVE REACTION” If FOMC Disappoints

Morgan Stanley strategist Greg Peters is nervous about tomorrow’s FOMC statement:

“As we head toward this week’s FOMC statement, investors are quite nervous and reluctant to be short, with many of their hedges taken off. Thus, if investors get hit with disappointing news over the next couple of days, we could see a powerfully negative reaction in the markets.”

http://www.businessinsider.com/morgan-stanley-greg-peters-powerfully-negative-reaction-fomc-disappoints-2011-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Must admit, I’ve been thinking the opposite to this; that the mkt is short.

Reading this has triggered some impatience in me. If the mkt is short (my view), why hasn’t the S&P rallied more strongly? Why is it finding such a difficult time above 1200?

Good to get a different perspective.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s