Greased pig…

http://schrts.co/kQWKYvAK Friday we started to write a letter reflecting the (relatively) rocket up day--then  wisely stepped back--lest a positive letter encourage readers to step into a trap.  And that proved…

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Catch a falling knife…

http://schrts.co/FMQecMJG Traders and pros joke among themselves about catching a falling knife in markets like the present -- where the market is in freefall and there appears a rich reward…

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Long term stops…

http://schrts.co/EKwicZHp The market last week showed some signs of toppiness, including  a down gap (see below).  The overall context as seen here is still quite bullish, but the time to…

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