Nasdaq hits 2005 in 2005!
click for larger graphic

Here’s looking forward to that .001% appreciation for 2006 for 2006.

Want to know why? The continuing internal decay of the A/D line:
click for larger graphic


Graphic courtesy of Michael Panzner

As you can see from the lower chart, the A/D line peaked out in the beginning of the year. We are still sufferring from the A/D peak  of January 2004 . . . 

Category: Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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