http://schrts.co/QNzSzd This is the alpha wave.  (Of the alpha-beta-gamma-zeta formation.  Stay tuned for a recapitulation in a following  letter. Meantime gold broadcast a strong buy signal, so, like Charlie Brown…

http://schrts.co/QNzSzd Is any commentary needed?  The crack we commented on several days ago grew into a chasm--today 831.83 points, 3.15%.  You should notice the simularity between this nascent formation and…

http://schrts.co/QNzSzd We don't like crack-- but we do like beer.  Not to excess of course and we've never blacked out but...enough of that.  This crack looks nasty and we are…

http://schrts.co/QNzSzd Readers should be aware that, with the making of new Dow highs, the Dow Theory has broadcast a bull buy signal.  That's  the good news.  The bad news is…

http://schrts.co/QNzSzd Traders sell strength and buy weakness.  This includes for some the short of a gap -- even when that gap is a jump out of congestion on volume.  We…