edelfenbein
FT Alphaville reports that Morgan Stanley's three key indicators are flashing SELL.
Since 1980, this has happened only five other times. Six months later, the stock market hasn't don't very well:
Apr 1981 -10.8% Sep 1987 -25.2% Feb 1990 -6.8% May 1992 -7.0% Apr 2002 -26.2%
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