Archive for August, 2016

Still waiting…

Posted on Aug 25, 2016 by .

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http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We are in a historically quiet period.  You could almost say we are in the eye of the hurricane.  For perspective the range here, in what now appears a rectangle, is approx .01.  This subdued volatility and freakishly narrow range has persisted for 31 days. Periods like this store up energy and can be […]

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Cat and mouse wait for Godot…

Posted on Aug 19, 2016 by .

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READERS ARE REMINDED THAT CHARLES BASSETTI WILL BE SPEAKING AT THE TSAASF TITANS OF TECHNICAL ANALYSIS CONFERENCE AUGUST 20 AT GOLDEN GATE UNIVERSITY.  INFO AT TSAASF.ORG.  THE SECRET OF THE MARKETS WILL NOT BE REVEALED. Either the market is playing cat and mouse with us (guess who’s the mouse) or we are waiting for Godot. […]

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Flags and Dow divergence and billionaire bears…

Posted on Aug 06, 2016 by .

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Goldman says take the rest of the summer off.  Gross says what me like stoscks? Nyet.  And Soros is supposed to have a big short bet on as is that corporate horse-fly Icahn.    They are all getting poorer by the day.  We have said, for the 3015th time, that having an opinion on the […]

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