Caausation or correlation? As we prepare our 1000th letter some serious theoretical and operational work needs to be done on our cornerstone system – Magee’s Basing Point Method. Or perhaps…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 While the 1000th letter is in preparation this comment  is in order.  What we have conjectured as a zeta wave looks strong enough to be showing buy signals.  We…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Like a man playing with a cobra we have been watching the market waiting for it to bite us.  This is not our usual posture.  We are never deterred…