Monday, October 7, 2013

7 Oct 2013

 Long term has been slowly diverging from the Dow for three months.
 Medium term is declining, but still has substantial room to fall.
Short term still is not oversold despite the sell-off today.

It's a little late news, but I find it interesting that Obama is saying that Wall Street will feel this shutdown.  I recall in mid 2009, he said stocks were a good buy.  I wonder if he is right again.

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