Traders still rule…for awhile

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 Traders seized the chance to sell a 6 day upwave and jumped on it Friday.  The usual suspects were rounded up to take the blame -- as in the…

Continue Reading Traders still rule…for awhile

Nobody knows. And they don’t know they don’t know…

http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=4&mn=0&dy=0&id=p23023999522&a=252013707 We have always thought the most brilliant thing that was said about anything during the Bush administration (pace diablos) was Rumsfield's classic statement that there are knowns and unknowns…

Continue Reading Nobody knows. And they don’t know they don’t know…

Got whiplash yet?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p88572661534&a=214966864 We once compared market action to drunk squirrels running up and down a tree.  We've decided that drunk doesn't do it justice.  Squirrels on meth, rather.  But today's squirrels…

Continue Reading Got whiplash yet?