http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Friday's near 400 point rise in the Dow strikes us as a striking confirmation of the b wave we spoke of a short time ago (http://www.edwards-magee.com/ggu/alphabetazetawaves.pdf). Now, although we could…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 As reported we took a successful (and satisfying) small scalp and watched the SPX print what looks like the beginning of a b wave. These b waves can be…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Well, as Oscar Wilde said, there's little comfort in the wise this side of paradise. And obviously the time to have done something is obviously long past -- so…
weekly bars http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p19867336111&a=440585757 We expect, any moment, a bounce from the waterfall wave we have seen for almost two weeks. Perhaps as early as tomorrow (Tuesday). The magnitude of…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Chinese fireworks have ignited a conflagration in our markets. We have flattened all our posistions, even long term IRA accounts. 95% of our capital was already in cash, as…
