Friday, February 2, 2007

Bill Gross: 100 Bottles of Beer on the Wall

100 Bottles of Beer on the Wall
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2007/IO+February+2007.htm

An interesting reading of Bill Gross's view on the market.

Albeit Bill Gross's view is more pessimistic than mine own, it points out an important
observations that world market is building up higher and higher leverages today.
This could become the cause of potential market instability.

When the storm comes, it will be BIG! The longer we waited, the bigger it becomes.

Be cautious, be VERY cautious...

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