A buy signal in the Dow.
Yesterday prices powered across the signal line in the dumpity-bumb-dump pattern (or whatever it is we call it). This does not guarantee the resumption of the uptrend, but it is…
Technical Analysis of Stock Trends
Yesterday prices powered across the signal line in the dumpity-bumb-dump pattern (or whatever it is we call it). This does not guarantee the resumption of the uptrend, but it is…
We have always had our eyes on that little known Nobel Prize category -- the mixed metaphor prize. We probably have the inside track on it, but you never know. …
Last Friday we analyzed an hourly chart of the Dow and remarked that it looked like a bottom forming. Previously we had seen a possible Kilroy (or H&S) bottom. Identifying…
Actually, maybe it's a gold lining. While the Dow was deteriorating gold was contributing to account equity -- as was silver. Both could probably stand add-ons to the position. You…
Readers who have read Sacred Chickens, the Holy Grail and Dow Theory will remember that the system discussed there used weekly bars. Weekly bars have the characteristic of stepping back…