When markets panic there are always "smart" traders who seize on the "oversold" situation to scrounge for bargains. This is how B waves are formed. C waves are formed when…
Something very strange is going on here (aside from a market implosion, which is strange enough). Perfectly plausible and credible people are talking about buying the market. Say what? Haven't…
Thursday Cody and Altucher started buying. Sooner or later we will make them famous by noting their buy opinions on the chart. A 13.2% downwave in the SPX (in 12…
People just beginning to talk about the head and shoulders formation (CNBC, Drudge) are late to the party and will find that no chairs are left in the musical chairs…
Today on an impressive (if not depressive) power bar down SPX prices penetrated the neckline of what appears a head-and-shoulders formation. In our last letter we explored the possible implications…
