Posts Tagged ‘bottoms’

Media Calls a Bottom as Credit Market Calls for Panic (Charts)

Tuesday, March 24, 2009 15:29 1 Comment

Much has been made (mostly by the mainstream media) over the recent rally in the Dow Jones Industrial Average. Many of the usual suspects, including those that have been wrong for the past 3 years, have been quick to call a bottom. We, as technicians, tend to pay little attention to CNBC, Fox Business, etc. [...]

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