http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p55455624798&a=266398464 Of musical interest, Brazilian artist Carlinhos Brown's album, Alphabetagammizado is one of the great classics of drumming and infectious rhythms. Stocks have rhythms too, and here, lethargic with turkey…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p18894193176&a=214966864 The market has been clearly oversold lately, so contrarians, short sellers and mischief makers, each trying desperately to get a seat before the music ended, drove the market up…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p18894193176&a=214966864 Now, this is what happens when you rely on your memory in making an analysis. You make mistakes. We made mistakes in the application of the rule of seven…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p18894193176&a=214966864 We remarked, when the new high stop was tripped, some days ago, that scaling in to a hedge was not a bad idea. That was a good idea. The…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p18894193176&a=214966864 As we have previously noted, the forrmation from early September to late October has a toppy aspect. We measured the depth and came up with 77 points, subtracted from…
