MARKETS UPDATE (11:30 pm EDT)
I apologize again for not posting something sooner this month, but I have been very busy with personal business. Please note that I ALWAYS have my eye on the markets, and had there been any significant trend changes over the last three weeks, I would have posted an alert or notice. The markets have been very stable this month with no major trend changes.
We are now entering another strong general reversal zone for all markets (Aug. 20 - 29), so we should be watching for a significant top or bottom (or both) inside this time frame. Ideally, I would like to see a steeper drop in the broad stock market indices and precious metals, and perhaps a slightly lower low in crude oil into next week. I will make a longer post this weekend.
I apologize again for not posting something sooner this month, but I have been very busy with personal business. Please note that I ALWAYS have my eye on the markets, and had there been any significant trend changes over the last three weeks, I would have posted an alert or notice. The markets have been very stable this month with no major trend changes.
We are now entering another strong general reversal zone for all markets (Aug. 20 - 29), so we should be watching for a significant top or bottom (or both) inside this time frame. Ideally, I would like to see a steeper drop in the broad stock market indices and precious metals, and perhaps a slightly lower low in crude oil into next week. I will make a longer post this weekend.
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