A Peak Under The Hood will be dedicated to providing unique insights into macro topics happening around the world and how these topics may affect financial markets. We will try to provide an entertaining, but informative blog, on subjects ranging from Real Estate, Mortgage Markets, Commodities, Major Stock Indexes, Bonds, and Select Trading Ideas. Our site will contain original posts, charts and also include opinions from outside investors and reporters who furnish original thoughts. We will attempt to dig deeper than what can be found on major network financial news outlets and it is our hope that you will continue to visit the site as we provide intelligent analysis that may be counter intuitive to mainstream ideas.

Thursday, June 16, 2011

Market Update

It is our opinion that downside is not complete and rallies should still be sold. Today market is rallying and there is a lot of talk of a bottom.

Do not think so!

Update- If markets hold and base tomorrow we shall rally. We are at important time in the market. Any short position should be given tight stops as you do not want to be caught in a rally after the decline we have had. It will be intense. 

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