Wednesday, May 30, 2012

As SPG goes the market

You heard the old saying, as SPG goes, so goes the market?   No?

Probably because I just made that up.

But SPG has a number of picture perfect bearish patterns.

When Ol' Simon died, a number of presidents showed up.   Just saying, SPG is one of the power that BE.

And SPG looks sick.    This could drive the "scare the sheeple" down move that has Joe Q public screaming begging for QE 4/5 (tacit assumption that QE3 is already playing out as a non-story)

1 comment:

  1. Remarkably high correlation between SPG and the S&P 500 over the last month.  You may have a point Steveo.


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