Mongoose and cobra…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464   http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p03284795325&a=387771311 The top chart, as is obvious, is the present state of the naked mud wrestling contest.  Close your eyes and throw a dart, because there is…

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Romney retires. Market tanks in fit of pique…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The market reacted very badly to Mitt's withdrawal.  But ours not to reason why, but to reason how and what.  The what is that the zeta wave has failed…

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Conjecture raises its ugly head and shoulders…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Before the howling herd raises the specter we should point out the potential head and shoulders formation here.  Shoulder; Dec;  head,Jan; right shoulder (2 of them) being formed as…

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All that glitters…

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=2&mn=9&dy=0&id=p43220082674&a=255869372 We have been watching gold with deep skepticism.  But it is true that GLD has broken a very important long term trrendline, and given off a buy signal as…

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