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Here is a plausible reason why............


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#1 andr99

andr99

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Posted 23 July 2011 - 11:10 AM

we won' t exceed the past april 2011 sp high at 1370

http://www.ilgiornal...ge=0-comments=1

in summary............up until now, no agreement has been established between obama and the republicans to raise the deficit budget and avoid a default.
It doesn' t mean an agreement won' t be established, as surely it will, but what matters is that there's a change of strategy that the republicans pretend. Markets have been raised since march 2009 by printing money, now the republicans might have enough and even if an agreement will be established THIS TIME, the next it might not be. I think markets have enough reasons to stop going higher as the easy money has ended its course

Edited by andr99, 23 July 2011 - 11:13 AM.

forever and only a V-E-N-E-T-K-E-N - langbard