The magazine cover jinx…

Clever observers have noticed a strange phenomenon:  Whenever the  magazine covers start trumpeting a bull market the market crashes -- or vice versa.  This works for Sports Illustrated, and even…

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A moment of clarity?…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 What might be an A_B_C or an alpha-beta wave is throwing off buy signals.  Here in the SPX the pattern is not as clean or striking as in other…

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Jim Cramer doesn’t beat the market….

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p52620829748&a=459175088 Our title is taken from a Marketwatch story.  No "snark" -- no "schadenfreude" --  just plain old facts. In fact we have never seen one episode of Cramer.  Not…

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Sitting under the Volcano …

http://stockcharts.com/freecharts/pnf.php?c=%24SPX,PWTADANRRO[PA][D][F1!3!!!2!20] The PnF method is looking for a target of 2189 in the S&P.  This method has served us well as we have recently documented.  Nonetheless at this time there…

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CORRECTION.

Our recent letter summarizing analyses made since mar09 had problems.  Due to software problems the version of that letter that was emailed was defective.  Those defects have been corrected, but…

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