WHC Bassetti – Page 202 – Technical Analysis of Stock Trends

Head and shoulders beheaded?

Post author:WHC Bassetti
Post published:July 14, 2009
Post category:Letters
Post comments:8 Comments

Readers raise the question, do the last two days invalidate the head and shoulders? Not at all. The trendline from the top in June is intact, the pattern of lower…

Would you let your mother buy this stock?

Post author:WHC Bassetti
Post published:July 14, 2009
Post category:Letters
Post comments:0 Comments

When the history of the great Bush bear is written there will be a special chapter for Goldman. Goldman would be quietly interred next to Lehman and Bear if Secretary…

Minding your Ps and QQQQs…

Post author:WHC Bassetti
Post published:July 11, 2009
Post category:Letters
Post comments:0 Comments

Here's an interesting idea. Shorting the Qs with QID. It looks like a pretty low risk trade to us. The safest stop is tight under the nearby low. The last…

Trading when the crystal ball is foggy…. (with a chance of meatballs)…

Post author:WHC Bassetti
Post published:July 11, 2009
Post category:Letters
Post comments:0 Comments

Strangely (and stranger and stranger) the SPX has not broken yet. In the INDU (previous letter) the break appears (though waiting further action for confirmation). But the neckline of the…

Some Wave thoughts…

Post author:WHC Bassetti
Post published:July 9, 2009
Post category:Letters
Post comments:0 Comments

We coulda, shoulda, woulda commented in our last letter about an important feature of the Indu chart here. That is, a pattern of lower highs and lower lows has been…

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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