This is looking better:
But don't forget about this:
They both can't be right. One has to give. Either financials are going to reverse on support and rally up like tech, or the general market is going to cave soon to catch up with the financials.
Tuesday, February 03, 2009
Divergence
Without a doubt we make more money in bull markets. And we wish every day that we could start another bull market. However, reality sets in like a knife through the abdomen upon looking at the financials. For you tech lovers, yes, things are looking better. But tech won't make it out alive without the banks.
This is looking better:
But don't forget about this:
They both can't be right. One has to give. Either financials are going to reverse on support and rally up like tech, or the general market is going to cave soon to catch up with the financials.
This is looking better:
But don't forget about this:
They both can't be right. One has to give. Either financials are going to reverse on support and rally up like tech, or the general market is going to cave soon to catch up with the financials.
