RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Great info, I'm enjoying these conversations and learning lot from it. I'm thinking aloud here. Could it be that we are looking at the forest but not in the forest? I see unemployment figure from this graph and all make sense, although I think this is a little different, this time not only people are losing jobs but most of the companies are close or closing. The unemployment figure is only representing workers not businesses. In 1929, there was a combination of both. In 2008 most were workers while companies where still in business. Completely off track here?