Joe Friday…This only took place in 1987, 2000 and now!

 

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The lower section of the above chart measures 5-year rolling performance of the S&P 500.  This great chart comes from Shortsideoflong.com. 

In the past 50-years, 5-year rallies of 170% or more has only taken place in 1987 and 2000.

Joe Friday....Now the 5-year rolling performance is hitting this line for the third time in 50 years and  it is hitting some resistance lines tied to key price points dating back 30-years.

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Google testing dual support…that NEEDS to hold!

 

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Google has created a quality rising channel and it broke above this channel last year and now is about to test it as support. As the same time a steep support line is coming into play, creating dual support.

Support is support until broken.

If support should not hold here, it would send a heck of a message to the tech sector! Stay tuned here!!!

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Market Masters- How standing on your head can reduce investor bias

 

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Andrew Nyquist, founder of Seeitmarket.com shares a "Market Masters" article on "How Standing On Your Head Can Reduce Investor Bias" today.

This concept has helped me over the past 20 years and was especially helpful on Feb 28th when Premium Members established short positions in the Bio Tech sector.  See article (here) 

Thank you Andrew for sharing some of our thoughts on your outstanding web site, I am very honored and humbled to be part of your outstanding "Market Masters" series. 

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