Several interesting technical phenomena are vying for attention here. The apex of the triangle is traditionally a resistance point and prices are approaching that point. Second, a false signal becomes…
A near 3% day in the S&P will tend to get your attention. It got ours and we lifted our trading hedge, leaving us long the SPX. The downwave --up…
We were trying to decide who to make fun of today--thinking especially of Friedman and Laffer and other unenlightened economists. Especially after reading Shiller in the Sunday Times -- who…
We habitually make a donation to the local Foodbank at Christmas. But contemplating the state of the economy and widespread unemployment we decided to make two donations this year one…
It is not wise at all to ignore chart formations. The triangle we pointed out as the present dominant formation in the market appears to be working -- or wreaking…
