Saturday, November 24, 2012

23 Nov 2012

It was only a week or two ago when I was harping that we were oversold in the short term.  Amazing greediness has returned in this light volume week. We are near all time highs in my short term indicator - overbought.  The only two times near here were in August 2011.  Both bounces failed in the short term.

"The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion."
Albert Camus

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