The Consequences of Broken Long Term Trendlines As if investors didn’t have enough to worry about for the holidays here is one more concern. In general it is our practice…
As illustrated here some interesting variations are taking place in the "surge -- drift -- flush" pattern which has been in effect since July. In the present manifestation we count…
One never knows what falling pebble or snowball will start the avalanche. The jungle drums say that many big traders are short -- and feeling the heat. And praying fervently…
We are now in the drift part of the pattern after a surprising one day surge at the top. This is better illustrated in the chart below. At the moment…
Surprisingly when the Dow should be turning to drift it explodes. This is a buy signal for aggressive traders. We will be buying today, probably the DDM (leveraged Dow 2x).…
