Tuesday, April 5, 2011

Rate Hikes and Downgrades

Anytime there is a Chinese rate hike, buy stocks.  Anytime there is a ratings downgrade of one of the PIIGS, buy stocks.  I wonder what the profit ratio of that strategy would be looking at 1-day, 1-week, and 1-month forward.  I bet they would be wildly positive. 

1 comment:

Anonymous said...

Call this irrational just like the months before March 2009 when the market went down mindlessly