Another Victory for Technical Analysis

The S&P’s rally begins almost exactly six years after the last turnaround. It even picks the devlish 666 as a bottom.
Then on Friday, the index finally surpasses gold for the first time in three months.
So of course we were due for a selloff!!

Posted by Eddy Elfenbein on April 20th, 2009 at 12:46 pm

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.