Reading ambiguous tea leaves…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 While waiting for the other boot to drop in Syria the market made every effort to fulfill its mission in life:  Cause the maximum amount of pain to the…

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News. Good news. Bad news. No news.

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 It always amuses us to watch the chicken littles run around like the sky is falling.  And sometimes there is something to be learned by the way they…

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Trend intact. Punditry not.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 Our faithful friend and the usual suspect with trendlines and stairstops.  This is especially needed at present as talking heads, pundits and commentators desperately seeking attention rant on about…

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Change of tune…

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789 We are not at all convinced that the great recovery in gold and silver has started.   But something has started.  Punctuated with a bang last Thursday.  Traders got off…

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Pow! Did anyone get the number of that truck?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 After being mauled Thursday in a severe bear attack we licked our wounds, hedged part of our position, took partial 63% profits in our SPX position (down from 75%),…

Continue Reading Pow! Did anyone get the number of that truck?