Price rides Zeta wave…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Readers will immediately see the A-B-G-Z pattern being fulfilled here.  (See our recent letters.) We have almost always found buying at this point to be profitable.  Often in these…

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Alpha, beta, gamma…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We have spoken frequently of the alpha-beta-gamma-zeta pattern (http//www.edwards-magee.com/ggu/alphabetazetawaves.pdf), and the present pattern leads us to speak of it again.  We have labeled the waves here , though they…

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Market pianissimo…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p44291895677 http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38978314321 When you look at the Dow and the S&P longer charts you are struck by their bullish nature.  Anybody who skipped this market or shorted it or spent…

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Don’t like the weather….?

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Mark Twain famously said, (of weather in San Francisco) If you don't like the weather here wait a minute.  That is still true.  Weather is insanely variable in San…

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