Who knows how long before the Dow Jones Index finally receives a well overdue market enema, but I can assure you of this, when it arrives it will be a VERY messy occasion!
The above introductory comments are edited excerpts from an article* by Steve St. Angelo (srsroccoreport.com) entitled The Chart Every Silver Investor Should See.
St. Angelo goes on to say in further edited excerpts:
The clowns on the financial networks continue to be euphoric about the broader stock markets as they head toward the heavens. The Dow Jones Industrial Average hit a new ALL TIME HIGH reaching 17,265 today [Sept.19th,2014]. However, if we look at the chart below, we can see a troubling trend.
As the Dow Jones bubbles to new record territory, trading volume heads into the toilet. This is not a good sign. The Fed must be holding up the majority of the market as investors with any lick of sense, already bailed out of stocks long ago.
Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.
*http://srsroccoreport.com/the-chart-every-silver-investor-should-see/the-chart-every-silver-investor-should-see/ (© 2014 SRSrocco Report. All rights reserved.)
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