Buy signals.

• Post author:WHC Bassetti
• Post published:March 13, 2012
• Post category:Letters
• Post comments:1 Comment

Sometimes the signals are like engraved invitations.  Just as we were opening our mouths to say that the next thing to expect was expanded volatility it reared back and smacked…

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Thin ice.

• Post author:WHC Bassetti
• Post published:February 9, 2012
• Post category:Letters
• Post comments:0 Comments

After a wave lasting 36 days one begins to examine the quality of the ice we are skating on.  It doesn't make it any easier that the TA community (not…

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Apples and oranges — perhaps, tulips…

• Post author:WHC Bassetti
• Post published:February 3, 2012
• Post category:Letters
• Post comments:0 Comments

We have a short time ago bought and remarked on the Qs.  Here is the story since March of 09.  That trendline, when broken (as in all the indices, created…

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Mind your Es and Qs….

• Post author:WHC Bassetti
• Post published:January 5, 2012
• Post category:Letters
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Impossible to ignore the Qs. Burst out of a big triangle.  Big sideways base. We are buying some.   Also impossible to ignore the downtrend in the euro, which we…

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Haul down the flag…

• Post author:WHC Bassetti
• Post published:November 1, 2011
• Post category:Letters
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Our tattared flag just got canceled so we are hedging our longs with the negative ETF SPXU. Sold TBT, QQQ, GLD AND SLV. We were obviously in the eye of…

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