Wednesday, October 17, 2012

17 Oct 2012

I created this to try finding moves that occurred faster than the technical indicators moved.  Sometimes it marks decent relative peaks, other times, bottoms.
 New highs lagging on this rally.
 Can't get much more overbought in the longest term I track.
 Medium term severely lagging the index.
Short term is back near overbought conditions.

"Unlimited power in the hands of limited people always leads to cruelty." 
Alexander Solzhenitsyn

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