Hobbits attack market… SnP targets for a sell off.. (crash?) The 4% indicator

Posted on Jul 31, 2011 by in Letters

Another nail in the market’s coffin   illustrating the 4% rule in the Value Line.  Note that even the Value Line shows head and shoulders characteristics.

 

While the politicians are busy burning down Rome the market is not ignoring their handiwork.  Last week the market threw off a sell signal that has ominous implications in the present circumstances.

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