Wave forms in the Dow.

• Post author:WHC Bassetti
• Post published:September 30, 2009
• Post category:Free Letters
• Post comments:0 Comments

Given the volatility of the market over the last year it is surprising that downwaves since March are so mild.  The June downwave when the entire punditocracy jumped up and…

Continue Reading Wave forms in the Dow.

Buy the Dow –the analysis

• Post author:WHC Bassetti
• Post published:September 28, 2009
• Post category:Free Letters / Letters
• Post comments:0 Comments

Let us now discuss some of the most fundamental principles of technical analysis.  Trendlines.  Trendlines could well be called signal lines, and sometimes we do.  The breaking of tendlines is…

Continue Reading Buy the Dow –the analysis

Sell RIMM. iphone too tough. Great charts.

• Post author:WHC Bassetti
• Post published:September 25, 2009
• Post category:Letters
• Post comments:0 Comments

RIMM is a chartist's dream.  Look at this chart.  It's a theoretical wonder.  Talk about dependable signals.  In '06 it  breaks out of  a consolidation formation on power bars, booms…

Continue Reading Sell RIMM. iphone too tough. Great charts.

Dow Up? Dow Down? Dow Turn Around? Also, two way street…

• Post author:WHC Bassetti
• Post published:September 24, 2009
• Post category:Letters
• Post comments:0 Comments

Readers should be aware that it is a good idea to subscribe to the edwards-magee google group at http://groups.google.com/group/edwards-magee We frequently post material there and there is an intelligent and…

Continue Reading Dow Up? Dow Down? Dow Turn Around? Also, two way street…

Hot stocks. Ford. AMR. LCC. JBL. MISC.

• Post author:WHC Bassetti
• Post published:September 23, 2009
• Post category:Letters
• Post comments:0 Comments

You can tell we've been looking at the hot stocks, which we do sometimes for amusement, just to check the permutations of human folly. We bought F back around the…

Continue Reading Hot stocks. Ford. AMR. LCC. JBL. MISC.