$indu. Coiling markets.

Posted on Oct 26, 2010 by in Letters

Here is what is interesting about this chart.  The rate of change, or speed , of this chart is arresting.  In 10 days, from close to close the Dow has changed 73.38 points and .66%.

In 43 days the Dow has changed 901.38 points, or 13.20%.

What does this tell you?  What it tells us is that there is very possibly hell to pay.

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