Late to the party…
People just beginning to talk about the head and shoulders formation (CNBC, Drudge) are late to the party and will find that no chairs are left in the musical chairs…
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Late to the party…
Lamentably, analysis coming true…
Today on an impressive (if not depressive) power bar down SPX prices penetrated the neckline of what appears a head-and-shoulders formation. In our last letter we explored the possible implications…
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Lamentably, analysis coming true…
Treachery — in Washington? — in the market?
We have remarked on the unreliability -- treachery if you will, or false signals -- that are inherent in mule --or sideways-- markets. This may be seen at e above…
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Treachery — in Washington? — in the market?
Charlie Brown kicks football…
So far readers and traders who have followed Variant 1 of the Basing Points procedure are sitting in the catbird seat and enjoying the naked mud wrestling going on here. …
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Charlie Brown kicks football…
You can always hide in Switzerland…and maybe you should…
A charming and well run country with no bomb throwers in its legislature. A few nuts, but what country doesn't have a few. Ratio of nuts to level headed burghers…
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You can always hide in Switzerland…and maybe you should…
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