Rankings of Average Momentum Index(AMI) for iETF and sETF have been posted at : http://yechen.pan.googlepages.com/
Now, they tell us what we have known and felt for a while that we have been in recession since December, 2007. The timing is much earlier than we expected, and in my opinion, this is just a ploy to lead us to believe that the recession will be over soon. It took more than 9 months for the effect of housing price collapse to be felt by the financial system. The effect of financial crisis is far more reaching and will take more time to ripple through the whole economy. It will take us a while to climb out of this hole.
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