My word, that is unusual…
There is a WWII story about a naval convoy in the North Atlantic heading towards Russia. Winter seas there are so violent that shipwreck is very common. In this convoy…
Continue Reading
My word, that is unusual…
Angels and devils wrestle for soul of market…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Yesterday the devils won, posting a 28 point range in the SPX, and rattling everyone's teeth. The significance for the larger pattern is the interruption of the zeta wave,…
Continue Reading
Angels and devils wrestle for soul of market…
Conjecture raises its ugly head and shoulders…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 Before the howling herd raises the specter we should point out the potential head and shoulders formation here. Shoulder; Dec; head,Jan; right shoulder (2 of them) being formed as…
Continue Reading
Conjecture raises its ugly head and shoulders…
All that glitters…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=2&mn=9&dy=0&id=p43220082674&a=255869372 We have been watching gold with deep skepticism. But it is true that GLD has broken a very important long term trrendline, and given off a buy signal as…
Continue Reading
All that glitters…
Earthquake. More than one earthquake…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 At last! Something that worked the way it's supposed to work -- that is, five days down expect a bounce. Often four days down will have the same effect,…
Continue Reading
Earthquake. More than one earthquake…