Between those who are predicting (with 98% reliability) a serious crash almost upon us, and those who see gold raining from the clouds (the Cloud?) we find ourselves bewitched bothered…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p61670847249&a=214738592 We have just remarked (last letter) on the fact that the PnF method has given buy signals in the indices. Meanwhile there is a technical pattern called a…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 The present price wave has created a new Basing Point as illustrated, and the trendline from nov12 (2) has dropped down to anchor on that Basing Point. The…
http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=0&mn=6&dy=0&id=p10072938397&a=266692690 We jest -- giddy with delight that Washington took the gun away from the head of the economy (until February...February? OMG not again). But live for the…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We shorted gold based on the downgap. A trade rather than an investment. The August buy signal canceled by the retreat and gap constitute that phenomenon technicians regard as…
