Tides and waves…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p43940581799&a=214966864 As certainly as there is a high tide, there will be a low tide.  As certainly as equity peaks it will experience lows.  Waves ebb and flow.  The higher…

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Cyprus? Really, Cyprus?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p33221059212&a=214966864 Traders used Cyprus as the excuse for a midnight Sunday attack on the market, driving the market down near 20 points.  They then began taking their ill gotten profits. …

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