Because without perspective, what are we but a bunch of flailing creatures, subject to the blow horns of media and agenda?Here is an old monthly chart of the Dow I had hanging around on the live list. We have bull market triggered, now in the 3rd successive month above the Dow's bull market moving average, the monthly EMA 25. You cannot argue with the chart, nor the SPX equivalent that NFTRH has been following all throughout Hope '09 and Full Hubris '10.
You also cannot argue that risk vs. reward is any good. It's not, and this is a traders' market right now, because without a 'healthy' correction, a move to NFTRH's original 'best' targets may yet register on the 'as good as it gets' scale.
