Market Outlook

Now that the June Fed meeting is done, focus will turn to geopolitical events and earnings. I see a choppy summer market, sp could drift up to 2k, or down to 1895; should be in that range unless a clear catalyst emerges. note that a 100 point range is only 5% now, vs 10% when the sp was at 1k. Interesting magazine covers this week - the economist has amazon.com going to mars, and time magazine has "the end of iraq."