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Saturday, July 9, 2011
Charts the old fashion way, we stole them
From Bespoke, always interesting stuff there.
http://www.bespokeinvest.com/thinkbig/2011/7/6/the-drudge-headline-indicator.html
When Drudge has lots of headlines on financial topics,is when the market is falling a bit, it rarely keeps falling after the Drudge Indicator
So does this market have the oomph to run up?
Try this same report with some Elliot, you do the Fibo
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Looks like a lagging indicator to me.
ReplyDeleteYeah, seems like the bears get all excited after something happened, then HBB pummels them.
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