Wednesday, January 21, 2009

It's All Laid Out In Front Of Us



Perhaps I'm getting ahead of myself - but I think the bear market in the financial sector could be over. Looking at this chart you could argue for a full retracement rally from the September high. Interesting stuff.

It should be noted that this chart is broken down differently than my weekend post. The weekend post also classified things in four waves - but did so just in this past year. The current chart starts from 2007 after the February mini-crash and ties things together with broader time horizons.
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