Tuesday, August 6, 2013

aug 06, 2013 update

Finally we may be getting a short term trend change.  I'll reserve opinion on whether this results in a longer term change.  We know we need a budget (continuing resolutions?) by end of Sept.  We have a debt ceiling that may cause contention by Oct?  And we may see the FED taper by Sep/Oct. 

Currently my charts are pointing to Oct-Dec as a larger/longer down turn....

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