Alan comeback

When you read this: "For example in the U.S., profit margins ... have begun to stabilize, which is an early sign we are in the later stages of a cycle". And you know that these words are from: Former U.S. Federal Reserve Chairman Alan Greenspan warned Monday that the American economy might slip into recession by year's end.

You need to be cautious. And, Alan made an additional warning: "The American budget deficit is clearly a very significant concern for all of us that are trying to evaluate both the American economy's immediate future and that of the rest of the world".

Nasdaq pattern seems a little bit exhausted!