Lack of certainty…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p27293583434&a=424016262 We have remarked that we consider this year long action one formation.  And -- with 20/20 hindsight it is now clear that the systems Basing Point should have remained…

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New high, new basing point…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p88150915824&a=214966864 Last week while twiddling our thumbs and indulging in occasional fits of rage at Congress -- delay the scoundrels getting out of town at Washington airport and they can…

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