SUBSCRIBE:

Tuesday, February 16, 2010

Market has changed direction

David Rosenberg looks at the market direction from its 120-day change.

It clearly shows the market peaked in last August, then went sideway until last December; from last December, the market has been trending down.

This bear market rally was so long that surprised every professional investor. Now it's the time to reckon.




(click to enlarge)
Reblog this post [with Zemanta]