Broken major trendline. Serious consequences.

Posted on May 20, 2010 by in Free Letters, Letters

While it is entirely possible that prices will climb back above the trendline now being violated taht is not the way to bet at the moment.  As for the knife catchers they are trying to treat this sell off as a buying opportunity.  And it may well be.  But that is not the way for prudent investors to bet.

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