http://tinyurl.com/3sklz
INSANE! 94.92!! Another new high above 2000 bubble top reading, yet indexes are WELL below 2000 levels (except Transports and small caps)
AS I pointed out in earlier post, the level we are seeing is just one item, and until it turns DOWN will not signal a turn.
I would still argue, and like 1999-2000, it has a similar pattern 2003-2004....and this is certainly worth noting.
D
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