For once I have to agree with Maxi - charts never lie. It is just us hopeless analysts that incorrectly interpret the story being told.
How about Roubini. I have watched his stuff for years. I am not questioning his ability as an economist.....just that his market calls have been dead wrong. To have been bearish for the past four years and then last week change his mind about the outlook for the SPX must go down as one of the really "great calls" of this market cycle. Beats Martis hands down!!
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