There are powerful cross currents at work in the US equities market.
A resolution, at least for the short term, should be forthcoming.
19 July 2010
SP 500 September Futures Daily Chart
Category:
SP Daily Chart
“Just as it was in the days of Noah, so will it be in the days of the Son of Man. People were eating, drinking, marrying and being given away in marriage, up to the very day Noah entered the ark. Then the flood came, and swept them all away.
And they said to him, 'Where will this happen, Lord?' And He said to them, 'Where death is, there a gathering of vultures will be.'”
Luke 17:26-27, 37
LE CAFÉ AMÉRICAIN
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Soupes, Potages et Bouillons
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