Change of tune…

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789 We are not at all convinced that the great recovery in gold and silver has started.   But something has started.  Punctuated with a bang last Thursday.  Traders got off…

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Pow! Did anyone get the number of that truck?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 After being mauled Thursday in a severe bear attack we licked our wounds, hedged part of our position, took partial 63% profits in our SPX position (down from 75%),…

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Shining the apple, tarnishing the gold

  http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=9&dy=0&id=p56283038138&a=256938322 In July we noted that Apple had formed a double bottom and was buyable.  Today Apple is breaking out with a serious power bar.  Looks like the Apple…

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Technically….

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Technically...technically the buy signal which occurred 7 days ago on the power bar leaving the little congestion pattern has been thrown into doubt.  This happens because of lack of…

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