snippets - week ending 3rd july, page-32

Great report, your ratios are superb and definitely worthy to follow closely.

Despite not agreeing with your conclusions as I believe these dips should be bought not sold. One should have sold in early June.

I believe we are in accumulation mode as we speak, due to volumes not being there and technical factors across the top 200.

I do think we have another 5-8% to go to the downside which should provide opportunities. Too many large stocks have already gone into oversold mode. i.e daily RSI 14 sub 30 & weekly slow stochastics are oversold. What this tells me - we are in accumulation zone and a good shake of weak holders.

It is a short term top, but I think we will see dip buying coming into the market this week and boost the volume average.

My opinion only.