Tuesday, April 16, 2013

16 April 2013

 A slight slowing in the medium term decline.  Current reading is neutral.  Though, if the breadth started to go upwards again, it will provide a tailwind for the indexes.
Short term declined slightly today.  Remains mostly oversold.

"The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true.
It really happened. These suspicions are valid."
-- Neil Barofsky, TARP Inspector General, 2012

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