Market rhythms…cha, cha, cha

• Post author:WHC Bassetti
• Post published:April 19, 2011
• Post category:Letters
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We remarked a few days back -- about the 6th that a change of rhythm was occurring.  And that certainly appears to be the case.  After a little upwave of…

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Strange things that go dump, bump dump in the night

• Post author:WHC Bassetti
• Post published:April 16, 2011
• Post category:Letters
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Strangely the dump bump dump pattern, after breaking the downtrend line stalled.  obviously the market is well within our stop parameters but strange behavior should always provoke an analysis.  Recently…

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Runaway GLD and SLV?

• Post author:WHC Bassetti
• Post published:April 11, 2011
• Post category:Letters
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When we started writing this letter on the weekend we thought GLD and SLV were about to go parabolic.  Today's action forestalls that for the moment, but it does not…

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Bossa nova, nouvelle vague, new wave (wince)…

• Post author:WHC Bassetti
• Post published:April 9, 2011
• Post category:Letters
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The Japanese probably wince at the word wave.  And so do we when we think of the their tsunami.  But while the sambistas are dancing away and the French are…

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Gold, Silver, Bonds (TLT) tilt again…

• Post author:WHC Bassetti
• Post published:April 8, 2011
• Post category:Letters
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Here in  a mirror image of TLT, TBT is breaking out, meaning it is time to get short bonds again.  We bought TBT today, and have been warning continuously that…

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