If this is not a confirmation, what is?

Posted on May 15, 2013 by in Letters

Tuesday, lucky Tuesday.  The markets took off today in what is an apparent confirmation of what we have been saying -- the bull market is on.  (Don't get too happy here.  It's always when you've won the lottery that you discover that someone has picked your pocket.)  Also, what we have here is a 126 day wave without a downwave.  On the positive side the wave has had several minor downwaves and sidewaves.  We illustrate:

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