Head faked in the euro…

• Post author:WHC Bassetti
• Post published:February 18, 2010
• Post category:Letters
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Six days ago we thought we saw the euro (FXE) turn.  Now we're selling our position.  Why Prof, Why?  Oh, we don't know.  Just don't like it -- just kidding. …

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DJP. Dump and pump and gap…

• Post author:WHC Bassetti
• Post published:February 16, 2010
• Post category:Letters
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Well, like Vancouver you have to haul snow so people can endanger themselves sliding downhill on boards (no skiiers we) and then you get a blizzard of buy signals. DJP…

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FXE. If PIGS had wings…

• Post author:WHC Bassetti
• Post published:February 16, 2010
• Post category:Letters
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Here it is again -- the pump, dump quick pass.  We (as marked on the chart) already were long the euro, and this looks like a confirmation -- BUT a…

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Buy signals: GLD, DIA and….

• Post author:WHC Bassetti
• Post published:February 16, 2010
• Post category:Letters
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We call this pattern various names -- not all of them appropriate for a family investment news letter -- flush and surge, 1-2-3, tight downwave, bull fake out, pump and…

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Apocalypse then… happy valentine…

• Post author:WHC Bassetti
• Post published:February 13, 2010
• Post category:Letters
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As we approach the anniversary of the March 2008 apocalypse (funny how fast a year passes when you're having fun) a biopsy of the market is in order.  (If the…

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