More barbarian stops. $indu

• Post author:WHC Bassetti
• Post published:April 27, 2010
• Post category:Letters
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In view of the barbarians pouring over the walls we thought we would update stops for the Dow.  These points may be used as benchmarks for the S&P and the…

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Dow 13750? Predicting is always difficult…

• Post author:WHC Bassetti
• Post published:April 25, 2010
• Post category:Letters
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Predicting is always difficult, and above all when it concerns the future.  As Nils Bohr was fond of saying. First of all let us make clear that we do not…

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It couldn’t be better…Dow, C, BAC….ETC

• Post author:WHC Bassetti
• Post published:April 15, 2010
• Post category:Letters / Uncategorized
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There is a famous story about J.P. Morgan (man, not bank) who went down to Pittsburgh to look at  his steel investments.  After touring the mills he asked the General…

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The Dow upwave… little train stilll chugging along…

• Post author:WHC Bassetti
• Post published:March 27, 2010
• Post category:Letters
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Like everyone else in the world we are expecting a downwave -- or a correction, or a retracement or a wipeout-- call it what you will.  Unlike everyone else in…

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