Will be watching 1265 area to re-open short positions or if 1300 area will act as resistance. Otherwise will be really careful with shorts now – could be one big bull flag (Not that I believe in market, but I am a victim to inflation )
Some might want to go long, but not me, not here, not now.
UPDATE: Aug 4th noon
Unable to post on DISGUST, but the answer I'd like to know:
"Will this http://mam.econoday.com/byshoweventfull.asp?fid=446890&cust=mam&year=2011#top be the final blow to "FICTITIOUS RECOVERY"?
