Thursday, July 31, 2008

PreMarket Review - 07/31/08



The market at this point would typically take a two day rest from the recent bullishness. However, the economic reports of the next two days could make the market do unexpected things. The best that we can do is wait and see how the market reacts to these reports.




Twice the market has closed above the March lows. This is typically bullish. We will have to wait and see if the bulls or bears win this battle.
Charles

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