The UBS boys maintaining a generally bullish stance towards equities up to end q1 2012. Near term, equities over bought and due a pull back which could last to end of Nov. SP500 above 1883 is a buy.. Below this would set off some alarm bells. They are also bearish oil from 100 usds. They maintain a bearish gold view short term. Report attached. Apologies for the delay. I got my hands on the report yesterday am but ive been travelling and unable to post up. I’ll be more prompt next week. Weekly08-11(2)

Best regards

Rich

 

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