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Equities: Bear Wedge, Overbought, Looking Weak
Posted on August 18, 2008 at 14:25 PM EDT
Oil peaked at $147 (grey, area) and equities (SPX, candle) hit bottom. It is clear, that the fuel for this rally in equities is the decline of oil prices specifically and commodities prices more generally. Unfortunately, the Bulltards have misunderstood [More...]
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