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Date: June 12, 2013

Where Did the Bulls go?

I did not like the action today to begin the new week. After Thursday and Friday, the bulls needed to hold serve and not let the bears see any weakness. Monday and Tuesday saw the bears take over and that does not bode well in the short-term, even though the stock market is oversold. More caution is warranted.

Author:

Paul Schatz, President, Heritage Capital