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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (33966)	6/21/2012 3:34:05 PM
From: Seismo	1 Recommendation Read Replies (3) \| Respond to of 223707

I'm so bad at short term timing, I don't know if 1320 will hold or not. My longer term feeling is we have had 2 weeks of bad news about the future and the only thing that held the market up was possible action by the Fed. That is past now. My feeling also is the GDP revisions will probably show a recession started this quarter. That has not sunk into the markets yet and it will at some point.