Friday, June 12, 2009

The Doldrums

Market is listless and directionless.

Not sure how long the doldrums will last.

Reasonable cases can be made that we will breakout to the upside, breakout to the downside, or stay in the doldrums.

I'm wary of the market tanking a week or so before quarter end, and dashing a lot of peoples hopes for a good quarter.

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