Tuesday, May 26, 2015

Will the High Plateau Stay Permanent?

Tim Knight: "after 75 months of uptrend, the Dow Transports has broken its trendline".

Cam Hui: "negative divergences galore".

Hussman's research, not on "'how much more overvalued can stocks become?' but rather 'What distinguishes an overvalued market that continues to advance from an overvalued market that collapses?'"

Of course, none of this matters, because we all know that the rally is going to last another two years.

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