EDGE TRADER

Thursday, June 29, 2006

Market perspective

I am thinking that if this rally can survive to Monday's close, we may be in for a breather. In the lull between earnings seasons, the focus shifted to the Fed, which any trader can tell you has not been good for the market. Now that earnings season is getting ready to begin again, perhaps eyes will be elsewhere. Of course if earnings and guidance dissapoint, we could be looking at just another catalyst for more bear days.

4 Comments:

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