4 days up…downwave in INDU

Posted on Feb 25, 2010 by WHC Bassetti in Letters

Most readers are unaware (blessedly) that a species of technical gnome sits in his garret and computes what happens when the market is up 4 (or down 4) days -- how much it gains or loses in the next 5 days, the next 10 days, etc, etc.  We don't have to do that.  We know that after an upwave there will be a downwave.  Market mischief makers will attempt to exacerbate the volatility resulting from these natural market waves.  We will largely ignore them.

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


 
Username
Password
 

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

Tags: , ,

Comments

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