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“Omega-Trading”– Just A Matter Of Time …
“Omega-Trading”– Just A Matter Of Time …
“Omega-Trading”: The promise of Federal Reserve QE2 may be all that’s holding the equity rally together.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 19, 2010 --
“Omega-Trading” is apparently still maintaining short positions on key exchanges around the world as the equity bubble continues to inflate.
The firm told clients that the allure of further quantitative easing from the US Federal Reserve and various monetary stimulus exercises by its hegemony of Japan and the UK is all that is sustaining the phony equity rally.
The latest “Omega-Trading” newsletter reportedly stated, “If pride comes before a fall then a veritable abyss awaits ill-advised investors chasing the rally. These central banks are getting less bang for their buck every time they come back to the well and the only people doing well out of all this are the commercial banks who just funnel the money into stocks and other assets.”
Key indices continue to post weekly gains despite the dearth of positive data on jobs and consumer spending and, on the surface, there appears to be little that can stop them but one “Omega-Trading” analyst said, “There are very few retail or long term investors sniffing around stocks at the moment. Volume is anemic but when the sell-off eventually starts, that will change dramatically and that’s when we’ll be looking to buy.”
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