Repost: "Technical Analysis: S&P Black Swan Formation"

The earlier Taleb post got me thinking of this, originally posted jan. 29, 2009:


Lifted from BloggingStocks:

A message board poster has put this hilarious chart showing that S&P 500 could be in for a rough ride. He writes that "The very rare black swan formation - note both feet and neck are complete and the rare vampire tooth variation is in place. This is very bad. Very very bad."...