Answered questions (like answered prayers…)

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 In our last post we asked whether the market was becalmed or readying a sneak move.  Today the contrarians answered the question by hammering the market.  We have remarked…

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Market becalmed or readying a sneak move?

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Sometimes the market -- like a cat playing with its food (mouse) -- lulls everyone to sleep and then rises up and devours napping investors.  Our readers, who…

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Never look a gift market in the mouth…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Actually, on the contrary.  We have been crawling all over this market looking for the first signs of  the inevitable downwave.  Haven't found it yet, and after a…

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Tapir raises its ugly head…

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864 Bernanke sparks major rally, changing the context altogether.  Investors and traders have been in a state of high anxiety for months about (ta-dum) the dreaded taper, or as…

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