Warren Buffet: Dow 1.000.000 in 100 years… Simple and obvious…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Recently Warren Buffet made another of his seemingly aggressive statements about the market:  In a hundred years the Dow will top 1.000.000.  This is actually a no-brainer.  1.000.000. is …

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Love notes from the market…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Of course we pay attention to those famous gurus who called the crash of '87 and '92 and 2001 and 2011 and 2013 and...who are now predicting a (at…

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Price rides Zeta wave…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Readers will immediately see the A-B-G-Z pattern being fulfilled here.  (See our recent letters.) We have almost always found buying at this point to be profitable.  Often in these…

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Alpha, beta, gamma…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We have spoken frequently of the alpha-beta-gamma-zeta pattern (http//www.edwards-magee.com/ggu/alphabetazetawaves.pdf), and the present pattern leads us to speak of it again.  We have labeled the waves here , though they…

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