Thursday, January 26, 2012

More news on Interest Rate

Feb announced US Interest Rate will continue to stay at historical low until late 2014. Possibly going to stay low until 2015. Hence, stock market gain as the result late afternoon. This gives dividend paying stock even more attractive. I am now pausing further selling of financial companies. The financial companies as a group could pass the July 2011 high and test the double tops occurred on April 2011 and June 2011 respectively.

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