Thursday, March 12, 2009

Minyanville posting: Why Divergences Work

excerpt from this week's posting:
"Tuesday’s big up-market demonstrated a tried-and-true investment axiom: When market conditions are ready, a catalyst is all that's needed to get the show on the road. The show, in this case, is a cyclical bull rally. And the catalyst was the Citigroup's (C) earnings statement. Here are some of the particulars.

Over the past 2 months, several bank executives stated..."

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