Looks like we are just now pulling back into line with the DJIA to MZM ratio. Bernanke's making huge gains in credit growth, it just isn't impacting stocks like it used to. The megaphone pattern could be taking hold on the DJIA. Check out what a fantastic time it is to be buying historically. Amazingly cheap. Remember as a general rule in the world, all exponential growth collapses.
Medium term overbought.
Short term overbought and lagging.
No comments:
Post a Comment