Warning: Use of undefined constant ddsg_language - assumed 'ddsg_language' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/plugins/sitemap-generator/sitemap-generator.php on line 44
Technical Analysis of Stock Trends | Archive | February
Warning: Use of undefined constant style - assumed 'style' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/functions.php on line 247

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/header.php on line 34

Archive for February, 2016

Walking backwards in circles…

Posted on Feb 29, 2016 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p60546422961&a=255869372 The gold rush which impelled gold and bonds has struck a triangle.  This at least contributes some rationality to the market.  One can now wait for the breakout and that should enable a rational analysis and a rational trade.   http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=0&mn=9&dy=0&id=p93822624124&a=261274354 Bonds and gold are proceeding hand in glove.  TLT is likewise  showing a […]

Continue Reading

Walking backwards to Babylon

Posted on Feb 21, 2016 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

                      We’re lost, but we’re making good time. Yogi Berra Roshi   http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 How did we get here?  Or perhaps just as important, where are we? We presume to answer these questions by walking backwards to Babylon (home of mystical pleasures).  By this method we […]

Continue Reading

Chaos, confusion and consternation (some our fault)

Posted on Feb 21, 2016 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Our last letter may have sown confusion in some of our readers.  Let us straighten it all out.  If one were trading the system we have been using for the last 9 years the three leaping… would be a strong buy signal.  That’s in a strong bull market.  In the present markets  only the […]

Continue Reading

More faces than a banshee

Posted on Feb 18, 2016 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 In the most treacherous markets of our lifetime many faces are shown.  Now the market is inviting us to buy again.  The pattern is that most enticing of Japanese candlesticks, the three gazelles leaping.  Theoretically these  power bars should mark the start of a z wave.  Certainly the moderately bold could buy here, looking […]

Continue Reading

Chaos, confusion and carnage

Posted on Feb 12, 2016 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p68692925235 We have, after much agonized analyzing, come to the conclusion that we are in the midst of a market storm which is a force of nature, and there is no understanding of it.  So instead of beating our heads against the wall of obscurity we must fall back to complete simplicity — what does […]

Continue Reading