http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 The present price wave has created a new Basing Point as illustrated, and the trendline from nov12 (2) has dropped down to anchor on that Basing Point. The…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We love to be on the train as it pulls away from the station and we wave at investors with opinions and beliefs standing on the platform convincing…
99% of what we do is based on the solid granite method and principles of John Magee. 1% is experienced instinct and cocked antennae. That said we thought there was…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Prices are surging across the trendline at 4 in what we interpret as a buy signal. We are lifting (in stages) our hedge and scaling new capital into…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Today prices are breaking the nov 12 trendline, a potentially serious event. There are other technical signs which may limit the damage -- or at least make it…
