Is it over yet? S&P, F, C, BAC

Posted on Jul 23, 2010 by in Letters

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p69418865904&a=2032821185

This is beginning to have the feeling of a Kilroy (H&S) bottom.  Today's surge powered across a signal line.

Now.  Careful.  The nature of signals is this:  In trending markets they are dependable (within reason).  In trading and changing markets they are treacherous.

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