Nothing much…

Posted on May 25, 2013 by in Letters

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p88150915824&a=214966864

It might seem strange to regard the week as not much -- especially when the SPX transversed 38 points on Wednesday and the Nikkei took a 6% dive.  How can this be?  Easy.  Same as any sea going voyage (in the Bermuda triangle) good weather for weeks then one little old Mass Coronal Explosion and a couple of sun spots and cometh the squalls.  If they don't sink you you're basically all right, and it looks like we're all right.  Check in a few days to see if we sprung (spranged?) any leaks.

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