Gold, silver, bonds…

(no link possible go to stockcharts.com to see larger chart.) Well thius should be discomfiting to silver buffs.  The PnF chart looks for a target of 8 in silver.  There…

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Froth.

This picture was published in the WSJ noting the sale of this immortal piece of art (Barret Newman) for $42M.  In the Journal, in black and white it was just…

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Bear attack finally happens, out of the blue — or red if you’re thinking of China

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p34555890157&a=214966864 The bear attack (the REAL bear attack) we have been talking about for a week or so started on the opening today and drew blood all day long.  Much…

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Change of context…clown show over… for now.

http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=2&mn=0&dy=0&id=p88954422605&a=261274354 TLT is a bag full of technical events. First the long term trendline from July 11 is broken. Second, a toppy formation as defined by the horizontal line looks…

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Fool’s gold, fool’s silver….

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789 We traded the flag here in silver in August and made a little profit.  We remarked on it at the time.  The power bar at the end of the…

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