MDA - Market Direction Analysis

[deuce bigalow]

augie, was reading zeev's thread, and noticed you were thinking bearmove, was looking for a bear move -g-, i thought so too., glad his screen name was clarified.
anyway . . .
this chart is from last week, we all are aware of the drying up of earnings warnings and even some upside surprises, but maybe we hit a fairly decent cyclical low in earnings last year.