...DOWNBEAT

Thursday, July 28, 2011 at 08:13AM
Demi/ YourPersonalTrader in Q4 run-up, take August off

“. ….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

Article originally appeared on Your Personal Trader (http://www.yourpersonaltrader.com/).