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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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