Yep Seasonally bad
Generally the markets begin the 3 month slump now... with all the people looking at August 1st with Bradley, moons, planets and now with fundamentals, which is a big set up for downfall... 401K's are about to be deflated again and with the no consequence to selling, massive selling by baby boomers may cause this move to be exaggerated. All it would take is the words recession or depression..... Remember that the last downfall had unemployment rate at 6% now 9% which is actually more like 18% and another recession may send unemployment to Carter days. The chickens are coming home to roost... Banks are on a bear market, Sox is getting close to a sell, dollar is becoming a buy.. etc etc.
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