From Chart of the Day:
Maybe it would be a good time to take some profits and exit the market to see if the green shoots are really sprouting or turning brown and crunchy?
Quote of the Day: "What experience and history teach is this--that people and governments never have learned anything from history, or acted on principles deduced from it." - Georg Hegel
Commentary: A little arithmetic using the S & P Earnings at 15:1 means the current price level for the index should be 120 instead of 900!
Should earnings recover to the $30 mark, the index should be around 450, half of the current level!Maybe it would be a good time to take some profits and exit the market to see if the green shoots are really sprouting or turning brown and crunchy?
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