"REFLATION CONTEMPLATION" scroll to bottom for summary.
Did the rally in 1930 fortell of the "worst is over?" Are we seeing the reversal of OVERLY BEARISH positions feeding this rally which does not measure of up to what the data is telling us?
Should certain data at least hint to a bottoming and reversal of fortunes, I would be more keen on the bullish side. I have been put in a position where I am going against some of my tchnical indicators, I am putting as does Dow Theory VALUE first, friends argue the case for me that stocks are heap? Please read above, Noland states OUR case very well.
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