More ominous signs for the economy:
http://www.thestreet.com/story/1338...begin-a-70-decline-in-the-next-few-weeks.html
[quoteThere is a rare bull market pattern that, once it ends, is one of the worst formations that can occur. It has two names. Some call it the megaphone pattern, as its shape resembles what many know as the voice amplifier that coaches and referees use to get large groups of people to pay attention.
Those who know its implication for the financial markets refer to it as the Jaws of Death pattern. [/quote]
http://www.thestreet.com/story/1338...begin-a-70-decline-in-the-next-few-weeks.html
[quoteThere is a rare bull market pattern that, once it ends, is one of the worst formations that can occur. It has two names. Some call it the megaphone pattern, as its shape resembles what many know as the voice amplifier that coaches and referees use to get large groups of people to pay attention.
Those who know its implication for the financial markets refer to it as the Jaws of Death pattern. [/quote]