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This is just one nasty divergence


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#1 nimblebear

nimblebear

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Posted 12 June 2013 - 08:17 PM

2 years in the making, while the S&P meanders blindingly higher.

http://chartsetceter...p-at-night.html

As I mentioned in a prior post, the markets have over shot in magnitude by 50%, and over-shot in time by double.

NOT A SOUL sees the drop I'm anticipating coming, nor does ANYONE see the horrific depth of the fall.

In fact, the depth of the fall is THEE furthest from everyone's mind, especially when less than a month ago, people were calling for Dow 17,000 or even Dow 20,000.

A nice little hint we've all been given is the drop in gold, followed by the recent plunge in the Nikkei, now well below 13,000, when a few short weeks ago it was screaming toward 16,000.

Those drops are quite shallow as compared to whats coming for US equities.

Frankly the board chatter here now, and what it'll be like when the Dow's plunging below 8000, is going to be quite stark and remarkable.

May want to snap a few screen shots, print them out, especially the ones that have been so very ripely bullish. ;)
OTIS.