Market Breadth Chart

With all the relentless selling in the market over the last few weeks you can see that we are back down to fair value on the market breadth chart. Every time we get down under the green line and rally back above, there is a good chance the market sees some more buyers come on board. The next few days will be interesting as we are coming up for a fed meeting next week, and we see what Mr Bernanke Wanky has to say about QE tapering.

More lies, and more bullshit from the fed and government! There is one thing that we can be very thankful for, and that is charts like this below. WHY? Well simple, the charts never ever LIE! :-)

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