Interesting to note here that this didn’t quite happen as fast as I thought it might but with government intervention and the new “Wall Street” movie coming out is September it’s still in the cards. Check out what I wrote in April when this was starting.
What I find is interesting is that the efforts of the big melt-up (upward trend without increasing volume) we saw in 2009 and the first half of 2010 is still being attempted even while things like in the article below are becoming more pronounced that In light of this, we have discovered the new code words that begin another push to melt-up.
If you can guess or remember who said these words, when, and referring to what, you’ve earned a gold star and the market will reward you. Congratulations!
And the words? “We are heading in the right direction.”
Broken Uptrends Now Plagues Most Indices | The Big Picture.
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