| Sujet: | One in the hand ... | |||
|---|---|---|---|---|
| Date : | Wed, 16 Jan 2013 09:44:45 +0100 | |||
| De : | Bernard Leclère | |||
| Pour : |
The stock market is a wild beast. The beast is out of its cage in the USA.
The Leclere® USA index is pointing to 12.18% overshoot above its top trading band. As a comparison, the overshoot was 18% in 2007 and 11% in 2011:
The situation is putting an end to the buy recommendation (for a small potential upside in Euro terms) made on 13 Sep 2012.
The beast is in the bush.
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