http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 In the most treacherous markets of our lifetime many faces are shown. Now the market is inviting us to buy again. The pattern is that most enticing of Japanese…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 What might have been a b wave now looks likely to be a bottom formation (at best). (Note volume formation.) And a bottom formation subject to the whims of contrarians…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Friday's near 400 point rise in the Dow strikes us as a striking confirmation of the b wave we spoke of a short time ago (http://www.edwards-magee.com/ggu/alphabetazetawaves.pdf). Now, although we could…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 As reported we took a successful (and satisfying) small scalp and watched the SPX print what looks like the beginning of a b wave. These b waves can be…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Well, as Oscar Wilde said, there's little comfort in the wise this side of paradise. And obviously the time to have done something is obviously long past -- so…
