Never a dull moment, and some very sharp falling knives…

Posted on Jun 06, 2008 by in Letters

Sometimes we wonder if we're too clever by half, or not dumb enough by a quarter. The falling knife will be examined in the last panel this week. Sell in May and go away? Wouldn't have been a bad idea. The May bulge begins to look like a bull trap. We won't review our analytical agonies over the past few weeks as that would be boring (more boring to you than to us). This downwave is not finished by any means. And the trend momentum is down. So, that is, major trend momentum sideways, minor trend down. Capital should be flowing to sectors which are moving. Oil, commodities, metals and SURPRISE see last panel.

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