Topped Out Yet Again ?

Discussion in 'Trading' started by Eagletrader, Jan 23, 2006.

  1. After Thusday's rally, I pointed out that Gross Divergences were a cause of concern. However, Friday's actions proved to be much more gross than my expectations. So, have we topped out yet again? Maybe the 10th such 4 year cycle TOP since 2004 ? Are we going to have a 30% decline into an expected 4 year presidential cycle bottom by October?

    Charts & Comments at:

    http://eagletrader.blogspot.com/2006/01/topped-out-yet-again.html