http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 In our last post we asked whether the market was becalmed or readying a sneak move. Today the contrarians answered the question by hammering the market. We have remarked…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Sometimes the market -- like a cat playing with its food (mouse) -- lulls everyone to sleep and then rises up and devours napping investors. Our readers, who…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 The real traders returned from vacation and observing -- as we did last week -- that the market was vulnerable gleefully hammered it, transversing a range of 18…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Actually, on the contrary. We have been crawling all over this market looking for the first signs of the inevitable downwave. Haven't found it yet, and after a…
(This letter was written in December 2013) The story is told of the conquest of Mexico (a rousing good story with wonderful books by Thomas, Prescott, et al) during which…
