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Thursday
Jul282011

..downbeat

DateThursday, July 28, 2011 at 08:13AM

“. ….It’s probably best to take August off and get refreshed for what may turn out to be a very meaningful last Q run-up.”.

5 reasons why the above includes last few days of July…way too many for any Bull at this time...

  • ·         Debt ceiling circus
  • ·         European spreads widening
  • ·         Economic data
  • ·         Earnings-  Guidance showing things slowed in back end
  • ·         Technical- lower highs/higher lows, SP at June –July trend-line  
by AuthorDemi/ YourPersonalTrader tagged , | | Print ArticlePrint Article |