Technical Analysis of Stock Trends

The doctor is in…psychiatric advice, 5cents

Posted on Mar 10, 2010 by WHC Bassetti.

Here we are, channeling Lucy and Charley Brown…

March 2010 and the talking heads, punditry and itchy technicians are talking about selling new highs and a test of last March’s lows.

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Bagged in MOT.

Posted on Jan 29, 2010 by WHC Bassetti.

There you were happily listening to your car radio and thinking happy thoughts about Motorola when a stock market accident occurred and you lost a lot of money in the stock.

Well, you shouldn’t have been long anyway, and if you are into reversing you should have been short.

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Banksters are gangsters.

Posted on Jan 23, 2010 by WHC Bassetti.

http://www.marketwatch.com/story/fund-manager-sees-another-crash-in-home-prices-2010-01-19

I wanted to call attention to this article because I thought it had some fundamental facts which I think will affect the market at some point in the future.  But as Forester remarked the timing is difficult.

I think that what we have seen in foreclosures is the tip of the iceberg.  Over the next couple of years we are going to see 3,000,000 houses in trouble, if not on the market and foreclosed.

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Bull market? Bear market? Nu? Mu? Lessons in Semantics…

Posted on Jan 14, 2010 by WHC Bassetti.

There is a famous zen story (mondo) about a monk who asked, does a dog have the Bhudda nature?  To which the zen master answered, mu.  Mu means in this case both “no” and “nothing”.

When asked if we are in a bull market we answer, Nu?

Good god, what is the point? our readers ask.

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An alien reads the news (the WSJ is news isn’t it? or not?)

Posted on Dec 31, 2009 by WHC Bassetti.

Excuse me.  I’m from the the planet Mars.  (You know, analysts are from Mars, the Wall Street Journal is from Uranus.)  I just arrived on your planet and read this morning’s WSJ.  The lead headline says “2009:Banner Year for Stocks”.  So naturally not knowing about your earth-centric calendrical system and wanting to gain perspective I looked in my Apple tablet (we aliens are able to obtain products from the future through wormholes) for a chart and now I am very puzzled.  The WSJ says stocks are up 20% for the year.  Using your earth calendar I can see how this is true. In fact here is a picture of the wonderful year that has been:

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