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Re: why in July:


There is a number of reasons that make me believe some farther drop may occur
-possibly in July if it does not take place during next two weeks in June.
I can mention only a couple of them:

1) This June has been much stronger/higher with less falls than previous times
(this could be due to an improvement of stocks in my holdings but I believe
it is more general)
Somehow, and this is only a personal view, this will change in July at least for some stocks,
and I conceder BSL one of them- IF there is no farther fall during next two weeks.
May be only a quick 1 to 2 day drop more likely and might not be very significant
but below where it is now.

2) Have a look at a 5 year chart it always gets a dint in July.
(Past does not always predict future but its always a temptation to take into account...)

3) A gut feeling there is something lurking there between July - October that has to get
out of the way before its all clear.

PS: There is also a very strong probability that it will go up during the next two weeks
and then down in July.