Wave forms in the Dow.

Posted on Sep 30, 2009 by in Free Letters

Given the volatility of the market over the last year it is surprising that downwaves since March are so mild.  The June downwave when the entire punditocracy jumped up and down expecting the inevitable test of the March low was actually constructive.  The entire punditocracy is jumping up and down now cheering for a test of the March low.

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