YOU ONLY HAVE 2 MOVES PER MONTH?
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I came across this, from xtrends.com., it's just another opinion
but it may be considered?
In addition to the previous bear market engines, there is now another leadership sector, Retail Index.
There can be important implications derived from this. The cancer which destroyed Banking and Financial industry during the first leg, is now spread towards the lower layers of the food pyramid. That is, consumer who can no longer feed on second mortgages, easy credit and other types of fraudulent unfair money flow is dying. This explains why Shanghai Index has entered its own bear market, almost 8 months ahead of SPX, doesnt it?
We are currently working on a new index containing pure leadership names of this new cycle. If we succeed, this index will show the most clear road map from top to bottom, in all time frames.
If you think 2008/2009 was a tough market, you ain't seen nothing yet. This will be a broader, stronger, more persistent, extremely deceptive and most importantly unstoppable!
***7-6-10 Things are kind of jumping @, and I don't have much time here. I will go back to playing this game, the usual way.