Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, September 21, 2011

Bear ETFs Exacerbate the Last Hour Selloff

Evening Update Part 2


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The charts of the four big bear ETFs were just sitting and waiting for something negative to break them out in the last hour today.  Bernanke's downgrade of the US economic outlook verbiage was all that was needed to trigger the explosive breakouts. 

Alan

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