Good Old ALB

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This is the kind of chart that warms my heart: I’ve long held up Albermarle (symbol ALB) as a splendid short position. Just look at what it’s been doing for weeks. Almost every single day is a lower high and a lower high. Not even that swine Yellen can stop a beast like this.

The longer-term picture shows the potency of the pattern.

Ellis was a smart man.