Bad news– good news…

http://schrts.co/6c3gs3 The bad news is pretty obvious.  You're loooking at it.  This has been most unusual market action.  We have seen two severe downwaves which were complete surprises--sell offs which…

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Failed signals…

http://schrts.co/YPNQ1c We have repeatedly inveighed about the dangerous volatility of this pattern.  Yesterday the Dow fell to earth like a dead duck.  Usually, of late, contrarians jump on an oversold…

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