weekly bars http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p19867336111&a=440585757 We expect, any moment, a bounce from the waterfall wave we have seen for almost two weeks. Perhaps as early as tomorrow (Tuesday). The magnitude of…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Chinese fireworks have ignited a conflagration in our markets. We have flattened all our posistions, even long term IRA accounts. 95% of our capital was already in cash, as…
There is a WWII story about a naval convoy in the North Atlantic heading towards Russia. Winter seas there are so violent that shipwreck is very common. In this convoy…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 The law of gravity in the market is a little counterintuitive. It says that stocks rise over the long run. Simple as that. Dec 24 Jason Sweig wrote a…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 A careful examination of the formation here will not show an understandable pattern of higher highs and higher lows -- or the opposite. What it shows is the chaos…
