And it's probably best for Prechter & Company, having been bearish for six years straight, not to start fiddle fucking around with talk of new highs (Dow & S&P). But they have a unique talent for being wrong all the time. And they don't want to fuck up their stellar reputation by being right for once.
This doesn't look like a new high to me:
Dow:
w/% of stocks above 200 day moving average
Longer-term Dow:
I'll go out on a limb and say that a new high isn't going to happen
This is fucking ridiculous:
New NYSE Highs-lows:
We've never seen anything this asinine before...
How this could ever work is anyone's guess...
S&P with average stock:
Etraders really want to lose everything this time...And they will not be disappointed
Growth /Value:
