Tuesday, May 21, 2013

Leading Indicators Update

I'm putting together the post now, it's absolutely fascinating. People see the market price and don't think much beyond that, there's an entire inner-workings which is either building a base of bedrock or like a wooden house being eaten away by termites, then something unbelievable happens to price and the financial media scramble to give everyone a reason, "Because Bernie said ..." when the whole time the process is unfolding before your eyes.

In this case, it is on a scale that is unprecedented. We had Leading Indicators with a couple of months of divergence vs the market both bullish and bearish and they led to moves down of 20% and moves up of nearly the same based on ,much smaller, younger divergences. The size of this is on a scale that I have no historical precedent to measure against.

Even today's inner-workings are fascinating, but I need to show you them, not just out of curiosity, but so you have the information and the tools you can apply yourselves.

The post will be out shortly and then we'll have 1 more look at the averages and individual names.

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