Sunday, November 3, 2013

3 Nov 2013

 Medium term backing off overbought levels.  A pretty solid trend has been in place since August of 2011.
Short term becoming oversold.

Weekly S&P view looks like a terminal rising wedge.  We'll see if this holds true.

"Corruptissima republica plurimae leges. [The more numerous the laws, the more corrupt the state.]"
Tacitus, the Annals ca. AD 69

No comments:

Post a Comment