http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 300 point days in the Dow are no fun (unless you're short) and it helps (somewhat) to have some idea of what the damage can be. Naturally as we…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=5&dy=0&id=p96388783504&a=255869372 Strangely, and rarely seen, the metals markets roared on in spite of the implications of the flags. We bailed on our shorts and got long again. It is clear…
Maybe it would be best, Tarantulas labors lost. The tone of the market is vividly illustrated by today"s price action in the SPX. A top to bottom range of 20…
The little runaway bull got corralled. First, the breaking of the major trendline from 07 must be honored by a pullback (or a throwback, or a half back). Second, we…
Volatility is like a spring. Keep pressing it down and compressing it and it stores up energy like an oil well waiting to gush. Today it's gushing. We remarked a…
