http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p96206718625&a=214966864 The market is sliding along the razor's edge. The SPX is only 9 points from the important trendline of nov12. The formation has certain aspects of an alpha-beta-gamma…
Dennis Gartman, a prominent analyst, is reported by Marketwatch to be fleeing the market, provoked in part by the unsettling market action Friday. He described his observation as like watching…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p96206718625&a=214966864 First let us be clear. Giving inordinate priority to one day's action militates against our long term intentions. But -- oy vey -- what a day. Yesterday the…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 SPX prices finally got it together to escape from the rectangle. The breakout bars were nothing impressive, but who are we to look new highs in the mouth. If…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 As if you would ever trust it. Only if you were in a fugue state. Or drugged. The market has basically been in a muddle for ---simple count…
