25 Feb '12, 12pm

Another WTF happening, Feb 29th 2012

Another WTF happening, Feb 29th 2012 by Patrick See on February 25, 2012 If you’re invested, you should take note of Feb 29th . It’s a Wednesday. It’s also the end of month, lots of volatility due to month end closing. Thursday is the beginning of a new month where real money tends to come in. And Friday is the end of week. In addition to the above, Feb 29th has important US data namely US GDP 2nd estimate, Chicago PMI, and the Fed Beige Book . All of which may lead to where March will trend. Across the Atlantic, the 2nd tranche of LTRO is seen to be in the range of 500B-750B Euro (The first LTRO saved the EZ in Dec 2011). With activities crowded on or after Feb 29th , I would assume that markets will tend to be cautious prior WTF. Till then, household lizards will continue… Read more → Related posts:Cancelled Cable TV – Woohoo!! Payable dates for my counters Payable dates...

Full article: http://thefinance.sg/2012/02/25/another-wtf-happening-feb...

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