#092 Milton Berg On Why There’s Strong Evidence The Market Won’t Do Well
The Julia La Roche Show
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The S&P's Three-Day Highs
The Satsang index is only up a half a percent from the high of May 30 to the low of July 20. There's no reason to think that since the market has done so well for the last six weeks, that it means it's going to do well. The percentages of stocks making new three-day highs is 98%. 90% of this is very rare thing to see. We've looked at all major tops of history or even minor tops of history going back to the 1920s and the rate of change into the latest highs is no greater than the rate ofchange into previous final bull market peaks.
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