I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Wednesday, October 6, 2010

What does the stock market and most hams served during Easter dinner have in common?

Both are overcooked.

Based on my arguments yesterday, I still like this for a top, and not another big 5th wave run up based on the size of the extension in the 3rd wave.

As an added bonus we have a triple top on the Nasdaq 100.

blog comments powered by Disqus