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YourPersonalTrader- Toronto Canada/ London UK
« impasse... | Main | Sabbatical on A downbeat market... »
Thursday
Jul282011

...DOWNBEAT

“. ….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