Daily Archives: August 20, 2011

Market condition: bearish near term, long term bullish.

Schaeffersresearch.com: the markets now look pretty bearish.  However, there is some hope: VIX is still below 50 (a critical area to watch). Chartadvisor.com: bearish. My take: the markets remain very choppy.  The real question is whether we have hit  the bottom … Continue reading

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