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Alphabetagamma etcetc.

Posted on Oct 14, 2018 by .

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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.

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gold again?

Posted on Oct 11, 2018 by .

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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

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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.

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