RE: RE: RE: Opinion on market and SFF(correction)I already sold a part of my position after the debt deal and the rest ofit was sold this morning as stop loss was triggered in Germany.
I will buy back into SFF later even if the stock will be trading higher. If market turns now, well seems I was wrong.
But in my opinion this is far from over. Today the market had a reliefday in trading. But what will be tomorrow with all this uncertainty onmy side of the Atlantic?
Also, Bernanke said today that the US are going to continue the lowinterest policy till mid 2013. He forces the money in the equitymarkets. That's not bad for now, but there's Europe, hello? He alsosharply downgraded the outlook for the US economy. I don't like that.
Mr Trichet today said Europe is in the worst crysis since WWII. I justdon't like that. At least people in the US do "something". Europe is waybehind. Politicians of many European countries are still in recess. Itseems that they just don't understand the dimension of this problem.
All in all I will wait until politicians find a solution here in Europe.If SFF then trades at 30 Cents, bad for me, but I will adhere to mystrategy.