Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Tuesday, 7 April 2009
Is the rally fading?
Yesterday we stated that the rally on the exchanges is nearing a top. Here are some pictures to illustrate this thought.We have:
1. the number of shares above their 50-day average
2. the bullish percent index on the NYSE
3. De McClellan summation index
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