The November leg down in stocks was brutal. However, from a technical perspective, the decline was accompanied by the kind of “positive divergences” that typically appear at major lows.
Dec
02
2008
Technical Comment: Momentum “Divergences” Are Now In Place
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![Doug Ramsey / Chief Investment Officer & Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_3768_LR_Doug.jpg?h=150&w=150&fit=crop&fp-y=.15)