Heart medicine…

(This letter was written in December 2013) The story is told of the conquest of Mexico (a rousing good story with wonderful books by Thomas, Prescott, et al) during which…

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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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Gold and euro break.

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 Two breakaway gaps are enough to get us short gold again -- using GLL.  This is not the most conservative of trades.  Waiting for the break of the October…

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After the party… (the tea party)

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p57309614995&a=266398464 Reeling with a head splitting hangover from the excesses of the last two weeks we solemnly swear off tea and swear -- never another drop.  The market was…

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