Last week closed on a bullish note, with the Dow finally climbing above important resistance at 18,000. The law of big numbers applies now. The longer the Dow remains steadfastly above 18,000, the better the odds that the Dow will move higher with the intention of making contact with 19,000.
All Major Countries At War With One Another To Devalue Their Currencies
Japan is deflating, China is suffering a minor slump and the EU is fighting deflation. The battle for the cheapest currency continues, and the result is higher equity prices in terms of the cheaper currencies.
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