Surge. Drift. FLUSH!!! That flushing sound you hear is Congress flushing the economy.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p52855211355&a=205639989 It is obvious that the market has not yet settled down.  We think that it is expressing strong, if not paranoic  doubts about the ability of the Congress to…

Continue Reading Surge. Drift. FLUSH!!! That flushing sound you hear is Congress flushing the economy.

Rasors be damned. Systems stop taken out.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 While there are still razors all around us today's action tripped the Basing Point Stop signaling a buy in the indices.  We bought the Dow, S&P and Qs ETF…

Continue Reading Rasors be damned. Systems stop taken out.

Power bar off the bottom.

In market conditions like we have experienced the last thirty or so trading days you must be prepared to change your trading posture according to the situation right now.  Today…

Continue Reading Power bar off the bottom.