Black Wednesday…

http://schrts.co/QNzSzd Is any commentary needed?  The crack we commented on several days ago grew into a chasm--today 831.83 points, 3.15%.  You should notice the simularity between this nascent formation and…

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Good news? Bad news?

http://schrts.co/QNzSzd Readers should be aware that, with the making of new Dow highs, the Dow Theory has broadcast a bull buy signal.  That's  the good news.  The bad news is…

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What traders do…

http://schrts.co/QNzSzd Traders sell strength and buy weakness.  This includes for some the short of a gap -- even when that gap is a jump out of congestion on volume.  We…

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Clear as day…

http://schrts.co/QNzSzd We have now had a new high and now the market is sending us an engraved invitation.  You won't see many better.  An absolute classsic.  Plungers and heavy hitters…

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