Archive for January, 2018

Standing in front of the train, or riding it…

Posted on Jan 18, 2018 by .

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http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p75734112346

The WSJ notes that many investors are standing on the sidelines salivating — waiting for the correction to buy.  This is amateur tactics.

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Breaking away…

Posted on Jan 04, 2018 by .

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http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr LD=0&mn=6&dy=0&id=p70142979615&a=266398464

These are stong buying signals.  We are buying more UPRO ($spx) and QLD (QQQ)  At the moment there is no defined resistance overhead. We think the last thre wavelets here are constructive to the trend.

And, also (!) the state of the parabolic wave is murky, but always present.  Don’t overtrade.  As we were saying, don’t overtrade but be prepared for a surging market.

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