Indeed, this is frightening, as it makes me think we are headed into another stock market crash right now, the technicals sure do point to it! The long term trend line off the March low has been broken on the S&P and NASDAQ, volume on down days has been stronger than volume on up days, and earnings have not justified the massive run up in prices.
If I held stocks right now, I'd be selling, goldies included, best thing to hold now is bullion.
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Indeed, this is frightening, as it makes me think we are headed...
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