Bears on the prowl.

• Post author:WHC Bassetti
• Post published:October 26, 2009
• Post category:Letters
• Post comments:2 Comments

The last few days there have been signs that the bears are on the prowl.  Wednesday in the last hour of trading (which is when the bears come out to…

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Dow waves roll on…

• Post author:WHC Bassetti
• Post published:October 22, 2009
• Post category:Letters
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Since March 9 the Dow has made an orderly march upwards, if not an April upwards.  Wave studies are always interesting so it is interesting to observe what is happening…

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FNM — the game continues

• Post author:WHC Bassetti
• Post published:October 21, 2009
• Post category:Letters
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This trade was not as skillfully managed as might have been.  The general explanation is that our panic sell off model is not as well articulated as our other systems…

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Texas hold ’em with FNM

• Post author:WHC Bassetti
• Post published:October 20, 2009
• Post category:Letters
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This is to remind readers that all our stops are  close only, unless otherwise indicated.  As this is written we are not closing our long in FNM because this looks…

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Houston we have a problem…

• Post author:WHC Bassetti
• Post published:October 19, 2009
• Post category:Letters
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Who is Keefe Bruyette and Woods, and does anyone care? (Which way were they in the great bear market?)  Well obviously someone cares because they sent FNM and FRE down…

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