15 April 2013

 Short term had a violent reversal today.  Almost looks as hard as any other one in this plot.

The same applies for the medium term.

Seasonality is starting to look worse for stocks as well.  I'm tempted to call a top, but we normally get a double top first.

"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."
-- Peter Lynch