Monday, June 14, 2010

Bearish Case con't

Better to continue this in a separate post.

More on the technical analysis of the current market:

DOW will go down 2000+ points

The technician in this video provides a COMPELLING logic to his prediction using the Relative Strength Indicator (RSI) and the divergence we're seeing in the markets. To be frank, he definitely "clicked the light" on in my head with that. Do not ignore what he's saying because it's predictable, and can be confirmed by using previous incidences of the occurrence.

Now.. Here are 50 incredible facts that seem to support the Bearish case:

50 incredible facts about the US economy

50 stats in a slide show

Scrutinizer

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