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  • A Perfect Storm: Retail Is a Buy [View article]
    I think it would be instructive for you to learn how to read a mania chart.

    Then go look at the dow.

    Then look at the mania chart example again (Prechter's book has a few good ones).

    Then look at the Nikkei 225 over the past 2 decades.

    Then glance back at the mania chart examples like tulipmania and south sea trading.

    Then review the dow one last time.

    See a pattern?

    Now look at all the charts of financial stocks one at a time.

    See a pattern?

    Now look at the FDX chart.

    See a pattern?

    Now look at DE.

    See a pattern?

    If you haven't gotten the point by now then you are not very good at pattern matching.
    Sep 02 13:14 pm |Rating: 0 0 |Link to Comment
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