Crocodile tears? or Great opportunity?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=214966864 Of course this plethora of crocodiles didn't happen today.   It happened 15 days ago, the 22nd, when the chart told traders to get out of the market.  Only…

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The great trend in the INDU — Mar 09 to present

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=2&mn=3&dy=0&id=p21251836326&a=227822935 Here is a spectacular view of the great trend since Mar 09.  The Basing Point stops we have been discussing recently are better illustrated here: Reading down, V2 new…

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Musical chairs…

Anybody who thinks that today's air pocket is the result of the trade deficit or Spanish indigestion or Greek salads hasn't been paying attention.  Last night some big traders decided…

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