Just as I expected, EU is doing QE big time. It starts to buy governments' bonds and transfer the risk of PIIGS to whole Europe. Germany, over long term, is a victim. It seems the governments all around world will not tolerate any pains necessary to control the deficits. The market, whether it is bond market or stock market, is being distorted by the government actions. In short term, it is going to pop up the market. But over long run, it is going to create lots of problems. If printing money can solve all problems, then, life is so much easier.
the target for the stocks I bought last week (INTC and HSE) are: 23.5 for INTC and 29.50 for HSE.
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