14 Jan 2013

 Still a negative divergence in the number of new highs.

 Overbought in long term.

 Overbought in medium term.

Neutral to overbought in short term.

A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities. 
Thomas Jefferson