Jim Cramer doesn’t beat the market….

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p52620829748&a=459175088 Our title is taken from a Marketwatch story.  No "snark" -- no "schadenfreude" --  just plain old facts. In fact we have never seen one episode of Cramer.  Not…

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Sitting under the Volcano …

http://stockcharts.com/freecharts/pnf.php?c=%24SPX,PWTADANRRO[PA][D][F1!3!!!2!20] The PnF method is looking for a target of 2189 in the S&P.  This method has served us well as we have recently documented.  Nonetheless at this time there…

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Waiting.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We are in limbo at the moment -- inevitable limbo.  Up wave is followed by down wave or side wave.  This principle is as important as the principle of…

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Bobbing for Apple…

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=456428947 That ugly gap on the chart is one of the reasons we don't like to trade stocks.  Somebody doesn't answer the phone and the stock wakes up down 5…

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