Change of phase…

Posted on Feb 10, 2014 by in Letters

99% of what we do is based on the solid granite method and principles of John Magee.  1% is experienced instinct and cocked antennae.  That said we thought there was a change of phase -- or rhythm or game at the end of last week.  After some Sochi style falls it looked to us like the sell off was over.  This is partly a feeling and partly some technical facts.   The facts are the pattern in the majors -- which could easily be the alpha-beta-gamma-zeta pattern.

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