Tuesday, May 25, 2010

What are moving averages saying?


It ask you a question - what are moving averages saying? I am talking about the Down Jones industrial average. Well, not sure you want the answer. Fact is that we are heading into a depression or recession. Sadly, it feels like we never left the old one. In fact, people are not seeing a decrease in unemployment, but are seeing less work hours and lower wages.

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