The possibility of the stock market slogging higher even as the U.S. economy crumbles under the weight of an incipient real estate downturn, weakening corporate earnings and the ruinous new tax on the middle class represented by Obamacare is difficult to imagine. And yet, studying the DJIA’s chart, one could conclude that the craziness we might expect at a major top is lacking. For a more detailed analysis, check out today’s tout for the Indoos and the chart that accompanies it.
