Recap What I said last week, “Situation in Greece can cause extreme volatility that do not mean anything.” All week wild swings and ended up with nothing. Closed the week above Y-0 and midpoint.
Outlook Problems in Greece and China are not resolved. They are suppressed only. More violent intraday swings until we have clarity of both situations.
Dow 30 Jul 13 to Jul 17 Outlook
Lawrence’s Comment
What I said last week, “Situation in Greece can cause extreme volatility that do not mean anything.” All week wild swings and ended up with nothing. Closed the week above Y-0 and midpoint.
Outlook
Problems in Greece and China are not resolved. They are suppressed only. More violent intraday swings until we have clarity of both situations.
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