Wednesday, May 13, 2009

More on equities

There is definitely evidence that the recession is flattening. But, that doesn't mean that equities should just go up in a straight line...that's unhealthy.

Here is the chart that Adam discusses. There are two trendlines converging...DECISION TIME!

Remember, the bigger trendlines take precedence over the shorter ones (clicking on the chart gives you a clearer view):


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