Inexorable, ineluctable…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Last letter we referenced the PnF charts for the major indices, which are uniformly very optimistic.  At the moment we are barely out of the muck,  but we are…

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