Standing in front of the train, or riding it…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p75734112346 The WSJ notes that many investors are standing on the sidelines salivating -- waiting for the correction to buy.  This is amateur tactics. When the market has (or is)…

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Breaking away…

  http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr LD=0&mn=6&dy=0&id=p70142979615&a=266398464 These are stong buying signals.  We are buying more UPRO ($spx) and QLD (QQQ)  At the moment there is no defined resistance overhead. We think the last…

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Santa Claus rally? Bah humbug…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p58348629240 Hello Rudolph.  We're in a bull markeet.  Look at that wave. Myth sellers were out busily selling the Santa Claus rally.  Why?  Because --because it always happens.  Maybe but…

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Food bank time in a time of madness…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 If you can't smell danger you're not listening (or smelling).  Bitcoin goes to $15000, a crazy tax bill pokes its head up (like the monster from the black lagoon),…

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Market going parabolic…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Readers should be accutely aware that the market is going parabolic.  Where we were buying days ago, we now think the danger of a violent collapse is present.  In…

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