Follow Through/Leaders Chart

Tuesday, June 24, 2008

Going Down!

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The last of our very thin leadership, ferts and oils, is breaking down today. One or the other has carried the market on certain days, but today, for the first time since earlier in the month, everything is down. Compound this with the fact that laggards are todays leaders, the home builders and banks, and this all adds up to a classic bear market. And this one could be huge!