Breaking away…

  http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p90213512304 Not much debateable here.   All the indices are breaking to new highs. http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p46911828355 The spx, similarly, breaking away.   http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=1&mn=0&dy=0&id=p58769923697 http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p46911828355 And the qs.  Everywhere you look…

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Ominous chart…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=3&dy=0&id=p76611673066&a=266398464 If you're looking for trouble you might have found it.  We will belabor the obvious by pointing out the negative aspects of this chart:  Possible (maybe even probable) head…

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Sky not falling. Sky’s the limit. Do not take this seriously.

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864   Here is our basic chart where we see a new Basing Point and raised stop.  Each of these stairstops means more profit locked in.  This could be…

Continue Reading Sky not falling. Sky’s the limit. Do not take this seriously.