New downwave in the indices. (?)

• Post author:WHC Bassetti
• Post published:January 21, 2010
• Post category:Letters
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As may be seen here in the second chart a trend break is occurring in a 28 day uptrend.  In the first chart we can see that the trendline from…

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Important stuff in the pipeline. Pay attention. Tide rising (falling?)

• Post author:WHC Bassetti
• Post published:January 20, 2010
• Post category:Letters
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We don't have it all analyzed yet, but it looks like to us that some fairly important stuff is in process.  This is UUP, th dollar index which we will…

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FXE. Double pump headfake.

• Post author:WHC Bassetti
• Post published:January 19, 2010
• Post category:Letters
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The euro gave a head fake causing us to think the downtrend was over and close our short.  Wrong.  the down trend is intact and short the euro is still…

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JNJ, T, ABT, UTX, FAST, MSFT, IBM, ORCL, CVX, XOM, SPN, CHRW, ETC ETC

• Post author:WHC Bassetti
• Post published:January 15, 2010
• Post category:Letters
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Of late in the "media" talking heads and pundits have been touting stocks and so we thought we'd take a look at the stocks to see what the stock touts…

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Bull market? Bear market? Nu? Mu? Lessons in Semantics…

• Post author:WHC Bassetti
• Post published:January 14, 2010
• Post category:Free Letters / Letters
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There is a famous zen story (mondo) about a monk who asked, does a dog have the Bhudda nature?  To which the zen master answered, mu.  Mu means in this…

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