Ed Note: Mike’s Guest Tomorrow is David Bensimon:
Mark Leibovit spells it out in a quick 6 minute comment below. In short, Mark went on a Sell Signal back on March 5th and continues to think Markets are in a normal Negative Seasonal pullback that has further to go. Mark thinks there is still time for the bears to bring the Stock Market, as measured by the S&P 500, down below the recent low of 1292 and if he were an investor he would remain in Cash waiting for a confirmed low sometime between now and July.
As for agressive traders he would be biased to the short side.
Click on either image or HERE for all the details:
Click on image or HERE for all the details:
