CORRECTION.

Our recent letter summarizing analyses made since mar09 had problems.  Due to software problems the version of that letter that was emailed was defective.  Those defects have been corrected, but…

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Waiting.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We are in limbo at the moment -- inevitable limbo.  Up wave is followed by down wave or side wave.  This principle is as important as the principle of…

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Bobbing for Apple…

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=456428947 That ugly gap on the chart is one of the reasons we don't like to trade stocks.  Somebody doesn't answer the phone and the stock wakes up down 5…

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07-08 top

The way to judge the quality of a market letter is to see what it said at critical juntures in the past. edwards-magee.com closed its long positions in the Dow…

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