It must follow as the night doth the day….

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 What must follow as the...whatever... is as we have remarked at least twice is a downwave after an upwave -- except when the upwave is followed by a…

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Hearts, Diamonds…Trumps

We are flooded with opinion and BS from professionals, amateurs, market manipulators and worst of all the talking heads on Marketwatch.  These are all carrying signs that say the sky…

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Top chatter…while markets bungee…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Thursday and Friday dramatized the state of the markets.  Ordinarily we would think an 167 point day in the Dow would break the market, or at least send it…

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Gold and euro break.

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Two breakaway gaps are enough to get us short gold again -- using GLL.  This is not the most conservative of trades.  Waiting for the break of the October…

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