Clever observers have noticed a strange phenomenon: Whenever the magazine covers start trumpeting a bull market the market crashes -- or vice versa. This works for Sports Illustrated, and even…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p52620829748&a=459175088 Our title is taken from a Marketwatch story. No "snark" -- no "schadenfreude" -- just plain old facts. In fact we have never seen one episode of Cramer. Not…
http://stockcharts.com/freecharts/pnf.php?c=%24SPX,PWTADANRRO[PA][D][F1!3!!!2!20] The PnF method is looking for a target of 2189 in the S&P. This method has served us well as we have recently documented. Nonetheless at this time there…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We are in limbo at the moment -- inevitable limbo. Up wave is followed by down wave or side wave. This principle is as important as the principle of…
