Rocket ship? Mood change?

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 In a trice the market mood changed Thursday and Friday.  Prices tore through the previous high Friday on strong power bars.  It took 2 days to recover a nasty…

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Perils of Pauline…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 Just when it appeared that the market was about to be run over by the bears the Europeans made nice sounding noises and rescued prices from taking out the…

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Traders still rule…for awhile

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p68983365835&a=214966864 Traders seized the chance to sell a 6 day upwave and jumped on it Friday.  The usual suspects were rounded up to take the blame -- as in the…

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