Posted 9:30 AM ET - We are in the summer doldrums and the Market is trapped in a range. The economic news is light and earnings season is winding down. Politicians and traders are taking time off and the market lacks a catalyst. We can expect choppy conditions through Labor Day. Not much has changed over the weekend. Turkey is steadfast in their decision to imprison the American pastor and they will not be “bullied” by the US. Economic sanctions will take a toll on their strained banking system and a credit crisis looms. This problem can be easily resolved so …