We were starting to get some fear on this.... and we started with "valuations look good" for the past week... This looks like it's going to go sideways or a Bear flag for a few days while earnings come out.... Look for misses being punnished in Oil stocks as they report... hard to miss but...
Maybe they will dome top as they report....
But Sideways I believe before the next scary leg down....
Or I'm wrong
Wednesday, July 30, 2008
XLE Valuations look great.
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