Table 1: The Pain of the first two to three weeks of June 2011
| Index | 1-Jun-11 | 16-Jun-11 | % chng | 1/4 July 2011 | % chng |
| Dow | 12290.1 | 11961.5 | -2.... |
Investment sentiment still remains fragile…..don’t be fooled by the strong rally in stock markets that we saw last week !!
Tuesday, 5 July, 2011 7:47 PM
Posted by Kevin Scully
Looking at the massive stock market gains last week in isolation, investors may be wondering if we are at the start of the next rally in stocks which have languished since the beginning of 2011.
While that is possible, I think its unlikely and a little too early. To better understand the strong gains seen last week, we must first understand why stock markets experienced sharp falls in the first half of June 2011 - that preceded that rally.
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