The compleat pragmatician….

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864 Regarding compleat anglers and compleat pragmaticians it is well to remember that 15% of the fishermen catch 85% of the fish. While our colleagues are cutting bait we have…

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Is this it? or it is what it is? or is it?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864 Don't celebrate yet.  Breakouts are always subject to confirmation.  But this certainly looks like the real thing, and we added on to our longs, taking the first of several…

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Japan, land of the rising index…

http://stockcharts.com/h-sc/ui?s=JSC&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=294802130 We would hardly represent ourselves as experts on Japan.  But the chart patterns coming out of there (JSC) look promising, and we think that as far as asset allocation…

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