Disregard this letter also.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p40392582161&a=254727527 You can use this link to see a larger chart. We haven't stopped detesting forecasting, but there  is a question in the waves here that should at least be…

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A Dow buy signal.

It is impossible to interpret yesterday's action as anything but a buy signal in the Dow.  Prices went to a new recent high on a power bar -- and --…

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