End of world doesn’t happen. Except for Dow and Euro.

Posted on May 23, 2011 by in Letters

Here's the long and the short of it.  Top chart, market since March 09 showing the long term trendline.  As we see in the lower chart the short term trendline is broken and price is flirting with the long term trendline.  This is no casual flirtation.  It is more like Dominique Straus-Kahn about to do violence to an unsuspecting market.  (or very nervous market)

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