This past Monday, we had roughly 92% of all stocks in the Standard and Poors 500 Index trading above their ten-day moving averages. That is very broad strength. Just three days later, the percentage trading above their ten-day averages was a touch over 2%. That is very broad weakness. All within one week! (Data from the excellent Index Indicators site).
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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