Shane Burke
06-21-2009, 02:24 AM
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<td align="center"><h3><strong>The July Stock Market Correction</strong></h3></td>
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<td width="306"><script type="text/javascript" src="http://forms.aweber.com/form/55/1408933255.js"></script></td>
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<p><strong>Globally, stock markets are ready for a correction. The Hang Seng which has been leading the economic recovery has jumped 40% from it's March lows and is currently sitting on that uptrend line as shown below.</strong></p>
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<td><img src="stockcharts/hangseng6-20-09.jpg" width="825" height="415" alt="Hang Seng Chart 6-18-09" /></td>
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<p><strong>The Nikkei, FTSE, DAX, and NYSE are all hovering at or slighly below the same uptrend line.</strong></p>
<p><strong>The commodity rally has also shown signs of ending as gold is currently sitting on a 7-month uptrend line and recently double-topped.</strong></p>
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<td><img src="stockcharts/goldchart6-20-09.jpg" width="566" height="228" alt="Gold Chart 6-20-09" /></td>
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<p><strong>Oil also appears to be running out of steam but may reach the mid to upper $70's before correcting.</strong></p>
<p><strong>We are entering earnings season which naturally creates a risk aversion mentality and hence selling.</strong></p>
<p><strong>California may be bankrupt by August.</strong></p>
<p><strong>These are all very compelling facts that should produce a significant July drop in stocks and commodities.</strong></p>
<p><strong>If you currently own stock, sell it soon as you should be able to buy the same stock at a significant discount in August.</strong></p>
<p><strong>It is for above reasons that no more stock picks will be announced until this correction occurs. Be liquid and ready to capitalize as August is sure to provide outstanding accumulation opportunites.</strong></p>
<p><strong>In the meantime, I will be focusing on forex throughout July. Specifically, shorting the EUR/YEN once the trendline displayed below is snapped.</strong></p>
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<td><img src="stockcharts/euryen6-18-09.jpg" width="1084" height="488" alt="EUR/YEN 6-18-09" /></td>
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<p><strong></strong><strong>If you would like to receive my forex alerts give me your email and I'll notify you the moment I enter the upcoming short opportunity.</strong></p>
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<p> </p>
</body>
</html>
<table width="468" border="0" align="center">
<tr>
<td align="center"><h3><strong>The July Stock Market Correction</strong></h3></td>
</tr>
</table>
<table width="468" border="0" align="center">
<tr>
<td align="center"><table width="312" border="0" align="center">
<tr>
<td width="306"><script type="text/javascript" src="http://forms.aweber.com/form/55/1408933255.js"></script></td>
</tr>
</table>
<p><strong>Globally, stock markets are ready for a correction. The Hang Seng which has been leading the economic recovery has jumped 40% from it's March lows and is currently sitting on that uptrend line as shown below.</strong></p>
<table width="468" border="0" align="center">
<tr>
<td><img src="stockcharts/hangseng6-20-09.jpg" width="825" height="415" alt="Hang Seng Chart 6-18-09" /></td>
</tr>
</table>
<p><strong>The Nikkei, FTSE, DAX, and NYSE are all hovering at or slighly below the same uptrend line.</strong></p>
<p><strong>The commodity rally has also shown signs of ending as gold is currently sitting on a 7-month uptrend line and recently double-topped.</strong></p>
<table width="468" border="0" align="center">
<tr>
<td><img src="stockcharts/goldchart6-20-09.jpg" width="566" height="228" alt="Gold Chart 6-20-09" /></td>
</tr>
</table>
<p><strong>Oil also appears to be running out of steam but may reach the mid to upper $70's before correcting.</strong></p>
<p><strong>We are entering earnings season which naturally creates a risk aversion mentality and hence selling.</strong></p>
<p><strong>California may be bankrupt by August.</strong></p>
<p><strong>These are all very compelling facts that should produce a significant July drop in stocks and commodities.</strong></p>
<p><strong>If you currently own stock, sell it soon as you should be able to buy the same stock at a significant discount in August.</strong></p>
<p><strong>It is for above reasons that no more stock picks will be announced until this correction occurs. Be liquid and ready to capitalize as August is sure to provide outstanding accumulation opportunites.</strong></p>
<p><strong>In the meantime, I will be focusing on forex throughout July. Specifically, shorting the EUR/YEN once the trendline displayed below is snapped.</strong></p>
<table width="468" border="0" align="center">
<tr>
<td><img src="stockcharts/euryen6-18-09.jpg" width="1084" height="488" alt="EUR/YEN 6-18-09" /></td>
</tr>
</table>
<p><strong></strong><strong>If you would like to receive my forex alerts give me your email and I'll notify you the moment I enter the upcoming short opportunity.</strong></p>
<p> </p></td>
</tr>
</table>
<p> </p>
</body>
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