In spite of today’s rally-from-nowhere, the Dow Transports continue to make obscene gestures toward the bulls and defy the retard-o-ramp.
In spite of today’s rally-from-nowhere, the Dow Transports continue to make obscene gestures toward the bulls and defy the retard-o-ramp. Soaring energy prices aren’t helping, but more importantly to my eyes is the pattern that is breaking down.
I remain cheerfully short IYT and increased the size of my position today.
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