Here’s pi in your eye.

Posted on Mar 14, 2008 by in Letters

The putative triangle may be turning into a trading range, and, based on the squirrel markets of the last few days, it may also be headed for that test of the low. If we were looking at it as a triangle then the upside breakout (fake) followed by the downside breakout, followed by the euphoric 400 point day qualifies as a breakout down, with a rally back to the breakout line. Given the pitiful (and pitiable) reactions of the Bush administration to the coffin corner state of the nation we see no end to the present trend. (Down.)

This is only a preview. You must be a subscriber to access the full text of this letter.


Choose a Username*
Email *
First Name *
Last Name *
  * Required


You must be a subscriber to view and submit comments on this post.