Wednesday, May 6, 2009

GETTING TECHNICAL - Here Begins the Bull

"What we can see on the charts is an unbroken series of lower highs and lower lows -- the core definition of a bear market. Further, there is no bullish divergence present in momentum indicators, and that strongly suggests that despite this month's exciting bank movement the bear is not through just yet."

From Barrons - an OK article that validates the need for a correction.

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