4 days up…downwave in INDU

• Post author:WHC Bassetti
• Post published:February 25, 2010
• Post category:Letters
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Most readers are unaware (blessedly) that a species of technical gnome sits in his garret and computes what happens when the market is up 4 (or down 4) days --…

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Betwixt and between…INDU wave analysis

• Post author:WHC Bassetti
• Post published:February 23, 2010
• Post category:Letters
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We pointed out (the 11th or 12th Feb) that price was between the bump high and the low.  The bump high has now been taken out which is of course…

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Buy signals: GLD, DIA and….

• Post author:WHC Bassetti
• Post published:February 16, 2010
• Post category:Letters
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We call this pattern various names -- not all of them appropriate for a family investment news letter -- flush and surge, 1-2-3, tight downwave, bull fake out, pump and…

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Apocalypse then… happy valentine…

• Post author:WHC Bassetti
• Post published:February 13, 2010
• Post category:Letters
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As we approach the anniversary of the March 2008 apocalypse (funny how fast a year passes when you're having fun) a biopsy of the market is in order.  (If the…

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If I had a hammer….

• Post author:WHC Bassetti
• Post published:February 5, 2010
• Post category:Letters
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We are curious about everything (like Curious George) and skeptical about everything including skepticism.  So we are of course aware of candlestick patterns and watch them with some interest.  But…

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