Earthquake. More than one earthquake…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 At last!  Something that worked the way it's supposed to work  -- that is, five days down expect a bounce.  Often four days down will have the same effect,…

Continue Reading Earthquake. More than one earthquake…

Bored yet? Alpha, beta, gamma wave

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 A wave that transverses 50 or 60 points (or 400+ in the Dow) is ample antidote to boredom.  The question is, is, is it bearable?  The answer is that…

Continue Reading Bored yet? Alpha, beta, gamma wave

Knuckleball…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 It's said that George Soros gets a head splitting back ache when his positions are in trouble, or about to be in trouble.  We got one of those Thursday,…

Continue Reading Knuckleball…

Threee month trendline broken…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The trendline from October was broken today.  It never does to ignore a broken trendline.  If confirmed and there is follow through serious consequences may be in store.  And…

Continue Reading Threee month trendline broken…

Exceedingly strange…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 We recently remarked on the increasing violence of market activity in the SPX, noting the series of waves leading up to the present strange wave.  Today we have a…

Continue Reading Exceedingly strange…