Sunday, July 22, 2007

Simply More Proof

Here is yet another piece of the puzzle, that clearly shows how weak the current state of the market is.

As you can see, price continues to move higher, but the participation of stocks continues to erode.

With the markets holding up as well as they have in the face of such divergences, it is very possible that we might experience a mini crash that will scare the hell out of people and get them
to all throw in the towel. From this point the real upside of the market will begin.

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