Whoa…whiplash

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=10&dy=0&id=p44872926553&a=214966864 Barely had the SPX made a record high when contrarians jumped on the vulnerable issue and smacked the hell out of it.  Vulnerable because the high was made…

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Knocking at the door… and speculating about what’s on the other side of it…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p16768279576&a=214966864   After a paroxysm of fright occasioned by the emergence of the zombie Berlusconi from the political grave the market promptly recovered its senses and took back lost ground. …

Continue Reading Knocking at the door… and speculating about what’s on the other side of it…