“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Death by 500 Cuts
Here we are again on the S&P 500 - right at the 50% retracement from the panic lows of 2009, and pretty much flat for all of 2010.Indecision rules for now. Perhaps the coming elections will straighten things out. Or not.