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Archive for August 4th, 2011

Posted by Martin August 04, 2011

Market in free fall – are we back in recession?

If you are thinking to be bullish these days (start buying stocks) I would postpone it a bit. We may see more on the downturn in this market. Tomorrow we will see some labor data published and they may stop this fall, but do not expect it much. I would say that data will be Continue reading →

Posted by Martin August 04, 2011

SPY sell-off

When I said “Everything can happen” yesterday, so today it happened. I expected a bounce, which haven’t arrived. Instead the market opened with a gap. It was a bit obvious last night when watching futures where we will be heading at open. So what am I doing? As I said yesterday, I have my stop Continue reading →