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Politics : Obama Watch
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To: LTK007 who wrote (275)6/7/2009 6:05:08 PM
From: Crimson Ghost1 Recommendation  Read Replies (2) of 290
 
Russ Winter and Steve Saville who have been very good this year, both think the stock market now has much more downside risk than upside potential.

Given the big rally we have had I doubt new lows are in store this fall. Still I suspect we will retrace about half the rally with the S&P 500 dropping to the 800 area by August/September.
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