Monday, December 27, 2010

Mirror Mirror On The Wall

In a somewhat strange manner the highs and lows of the Qs since the March 2009 low have formed an almost perfect mirror of the decline from the October 2007 high.  The only significant difference being that the rally is stretched in time compared to the decline.  At some point this unusual behavior will break down, but if the correspondence continues to hold up, we may be looking at a significant decline in the very near future.

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