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Sign #4: No positive catalysts on the horizon

Posted Sep 19th 2009 12:00PM by Michael ShulmanMichael Shulman RSS Feed
Filed under: China, Commodities

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october market crashThe current drivers of the market -- commodity speculation, green shoots euphoria, and enthusiasm over China thanks to fabricated Chinese economic data -- will be played out in the next few weeks.

Absent these drivers, there are no positive catalysts left to underpin a rising market.

Next: Sign #5: Earnings will disappoint

Tags: china, market catalyst, michael shulman, October market crash

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DJIA+30.6910,464.40
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S&P 500+4.981,110.63

Last updated: November 27, 2009: 05:16 AM

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