Too late to hedge?
We were of two minds about Friday's action. Our rational mind said, a natural reaction to a surging upwave. Our irrational and paranoid mind (which got reinforced Sunday) was it…
Technical Analysis of Stock Trends
We were of two minds about Friday's action. Our rational mind said, a natural reaction to a surging upwave. Our irrational and paranoid mind (which got reinforced Sunday) was it…
Most readers (most professionals) are unaware of the four percent system. To oversimplify, when the index (various including mainly Value Line) surges by four percent in a week, buy. When…
There are bold pilots and old pilots, but there are no old bold pilots. So said the Red Baron. The aggressive buy signal we saw several days ago has been…
The last three or for days ought to put to rest what the nature of this downwave is (was). It was a test of the bulls arranged by the contrarians. …
Technicians note that a failed signal, followed by a signal in the opposite direction, is a high probability bet, meaning that today's cancelation of yesterday's power bar presages further downside.…