Further to the McHugh's call of the top in US indices last week...
FWIW:
Just got a teaser email where he says the top was in intraday on Thursday Jan 14....10 years to the day and exactly 1000 points below what he calls the inflation-adjusted alltime high on January 14 2000.
Interesting stats. Whether he is right remains to be seen.
With today a holiday in the US, futures are being driven mainly by an upbeat Europe....
But we know Americans generally don't allow themselves to be influenced or dictated to when their own markets open tonight.
monday trading, page-30
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