http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 What might have been a b wave now looks likely to be a bottom formation (at best). (Note volume formation.) And a bottom formation subject to the whims of contrarians…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=3&dy=0&id=p76611673066&a=266398464 As Mark Twain said about the weather in San Francisco: If you don't like the weather, wait a minute. And that is the case with our alpha-beta-gamma pattern which…
http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=1&mn=0&dy=0&id=p71514206946&a=350515648 Obviously we are having a breakout day with the SPX up -- at one point -- 17 points. The Dow up about 150. We joined the buying panic…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Screaming signals. Gold gaps and a power bar. Actually we don't think there is an explanation for this action. Peripatetic pundits natter on about inflation, Iraq, tea party…
Janet. Please shut up. Never thought we'd miss Greenspan. But a little more ambiguity wouldn't be a bad idea. Nevertheless the market recovered from its hissy fit over Yellen's unguarded…
