Betwixt and between…

  http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=9&dy=0&id=p27366437823&a=337718329 Prices encountered resistance last week and left the market betwixt and between.  Failure to take out the old highs would create an uncomfortable short run situation.  This will…

Continue Reading Betwixt and between…

Market thumbs nose at 1929 analogue…bp rises…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 The present price wave has created a new Basing Point as illustrated, and the trendline from nov12 (2) has dropped down to anchor on that Basing Point.  The…

Continue Reading Market thumbs nose at 1929 analogue…bp rises…

Rocket leaving yesterday. Don’t miss it.

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We love to be on the train as it pulls away from the station and we wave at investors with opinions and beliefs standing on the platform convincing…

Continue Reading Rocket leaving yesterday. Don’t miss it.

Change of phase…

99% of what we do is based on the solid granite method and principles of John Magee.  1% is experienced instinct and cocked antennae.  That said we thought there was…

Continue Reading Change of phase…

Reentering…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Prices are surging across the trendline at 4 in what we interpret as a buy signal.  We are lifting (in stages) our hedge and scaling new capital into…

Continue Reading Reentering…