Broken trendlines come home to roost…
All the omens are bad -- said the Delphic oracle to Cyrus... The Dow Theory just threw off a sell signal, the long term trendlines from March 09 (!) are…
Technical Analysis of Stock Trends
All the omens are bad -- said the Delphic oracle to Cyrus... The Dow Theory just threw off a sell signal, the long term trendlines from March 09 (!) are…
Here is a good picture of where things are really at. Pundits, talking heads and shorts rejoice each time we get a downwave thinking that THIS IS IT, THE BEGINNING…
The Japanese probably wince at the word wave. And so do we when we think of the their tsunami. But while the sambistas are dancing away and the French are…
After looking at these issues last letter and seeing some cracked and broken trendlines curisoity drove us to look at the 5 year charts. What we got out of that…
If you look at this chart of the Dow you have a perfectly healthy looking market. Prices are well away from the crucial trendline and way away from the Basing…