Notice that the early cycle "outperformed" today. not sure that is.... It's not like they went up.I built this Oscillator..... and the' O2' is the Moving average of the oscillator. I'm not sure there is enough history for ti to be useful. I built it to look at relative sector performance as Breadth.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, June 3, 2009
the charts
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