Archive for October, 2018

Alphabetagamma etcetc.

Posted on Oct 14, 2018 by .

0

http://schrts.co/ReUYY8

This is not the aftermath of hurricane Michael, but is the aftermath of a huricane–hurricane Trump.

http://schrts.co/1EWJHa

As always correlation returned to 1 as shown here by AMZN.  On Friday bold traders began trying to catch the falling knife, and prices staged a recovery.

Continue Reading

gold again?

Posted on Oct 11, 2018 by .

0

http://schrts.co/QNzSzd

This is the alpha wave.  (Of the alpha-beta-gamma-zeta formation.  Stay tuned for a recapitulation in a following  letter.

Meantime gold broadcast a strong buy signal, so, like Charlie Brown and the football we bought some.

http://schrts.co/ukTsqf

Continue Reading

Black Wednesday…

Posted on Oct 11, 2018 by .

0

http://schrts.co/QNzSzd

Is any commentary needed?  The crack we commented on several days ago grew into a chasm–today 831.83 points, 3.15%.  You should notice the simularity between this nascent formation and the action of Jan-Feb.  Neither sell off is preceded by a top formation, but erupts almost without warning  –except of course the broken trendlines.

Continue Reading

Nasty crack in the market…

Posted on Oct 05, 2018 by .

0

http://schrts.co/QNzSzd

We don’t like crack– but we do like beer.  Not to excess of course and we’ve never blacked out but…enough of that.  This crack looks nasty and we are paring back our portfolio.  As above an important 3 month trendline is broken and it looks like hurricane trump is about to hit the market.  There is an even more important trendline lurking just below the market and if it cracks we will have traditional Halloween markets.

Continue Reading