soa #2 - over hyped or a no brainer ?, page-13

Few reasons for this decline. Firstly, the whole market is down due to the Dow in the weekend. The US economy generated less jobs than expected.

Secondly, as it is an election year in the US, the price of oil is likely to go down - more production leads to lower prices, which will make more people happy and stimulate growth. Unless of course, if the Iran situation flares up.

Lastly, as we are waiting for news, there are people that's bailing out as they need the cash somewhere else and unwilling to wait for the next three weeks or so. I believe we will get at least two more announcements before the May 30 meeting.