Beware of suicide bombers…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 If this picture looks familiar, it's because it is familiar.  There is nothing to be said about the market that has not already been said.  But don't worry…

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Whim, caprice and vagary…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Whim, caprice and vagary -- the three horsemen of the Apocalypse, riding roughshod over the market.  And over Washington.  Barely had the market luxuriated in the shower of…

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Helicopter Ben dumps cash on market…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=8&dy=0&id=p57309614995&a=266398464 The chart doesn't care why the market got a shot of pure oxygen.  All it cares is that as everybody is saying, that prices are in open air.…

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A second bite at the apple…Gold problems

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…

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