2009-08-21

Crash Comparison Divergence

A chart comparing the 1930 Depression rally and the 2009 rally shows a divergence reaching the extremes seen earlier in the chart. Here's a shorter-term chart. Either this has no predictive capability or the market will drop this afternoon or early next week. Note, I've input an intraday number for the S&P 500 Index, 1023.

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