http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 It seems to us that the SPX (and thus the market) is headed for a retest of the September low. There may be a day or so of upside,…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Occasionally we check in on Marketwatch.com, mostly for laughs. And laughs is mostly what it's good for. But this week we became sensitive to the potential damage taking it…
http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p27293583434&a=424016262 We have remarked that we consider this year long action one formation. And -- with 20/20 hindsight it is now clear that the systems Basing Point should have remained…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p76542086636&a=266398464 China, oil, Janet...real traders playing golf in the Hamptons... What does the reason matter? It matters not. Indu down 1100 at one point and finishing 588 down. Thank God!…
http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=7&dy=0&id=p51053375451&a=417742260 With the market vulnerable Thursday the contrarians changed the game. From selling strength and buying weakness they changed their tactics and went for the jugular, piling into shorts. They…
