Sumo currency.

Somewhere the Union Jack is flying eternally -- maybe in Japan, because here are buy signals in the GBP/JPY. Not just the Brits, but the Svitzers also -- though given…

Continue Reading Sumo currency.

Oh no. Barron’s INDU 15000.

In the Sports Illustrated financial version of the curse Barron's arrives in the mail with a huge front cover headline: "15000".  Traditionally a negative indicator for the immediate, but not…

Continue Reading Oh no. Barron’s INDU 15000.

Thin ice.

After a wave lasting 36 days one begins to examine the quality of the ice we are skating on.  It doesn't make it any easier that the TA community (not…

Continue Reading Thin ice.