The five day down pattern

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p57309614995&a=266398464 Analysts know that -- in general -- five days down is a buy on the close of the fifth day down.  Ever slow of foot we got some…

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Mining for gold. Gold 855.01?

  http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=0&mn=9&dy=0&id=p48856457090&a=326312078 We may be assassinated by the gold bugs, but an analysis is an analysis -- if not a cigar.  We ran a rule of 7 analysis on gold…

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Golden apples….

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=5&mn=0&dy=0&id=p31723949560&a=290122392 The question is not whether gold will go down, but how much.  As always analyzing these things is tricky but ever one to step on thin ice we…

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