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Before the rather large pull back last year there was a divergence on many
divergence indicators in the monthly Dow Jones. None is there now, although
non-divergent turns do happen.
It probably isn't true, but I heard a bit of rumor that through some manner
of manipulation that actual United States Government tax funds have been
used to push this market back to new highs through a series of complex
remunerations for large funds, brokerages etc. There have been other
improbable things that have taken place in recent times and there's a need
to keep this bull running with all the retirement, pension funds, IRA's etc.
on the line. Well lets just say there would be ample motive.
Brent
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