Kass: Get Ready for the Fall

Discussion in 'Wall St. News' started by Free Thinker, Aug 21, 2012.

  1. Conclusion
    In conclusion, rather than grow more constructive with higher stock prices (fueled by low volume and a contracting number of new highs), I have grown more cautious over the near term, based principally on what I see as a blurring in the demarcation between global economic progress and fantasy as well as the political and geopolitical issues raised above.
    Accordingly, at current levels, most investors and traders who share my views might consider below-average exposure to the U.S. stock market. More aggressive investors might ponder shorting opportunities in the days and weeks ahead.