Sunday, November 10, 2013

10 Nov 2013

 Stocks above 40 day moving average has been in an uptrend since mid 2013.  Is it changing?
 Medium term declined slightly Friday.
Short term bounced pretty hard on Friday.  Remains slightly oversold.

"If the governments devalue the currency in order to betray all creditors, you politely call this procedure 'inflation'."
George Bernard Shaw

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