SPX sneaks out…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 So far we would call this a sneakout rather than a breakout, but it is progress.  Whether or not this marks a surrender by the bears or not is…

Continue Reading SPX sneaks out…

Speculations on the pattern and Bill Gross

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=4&dy=0&id=p22824069931&a=404779364 Here is a different way to look at the SPX -- a line chart which just connects closes with a line.  This almost looks like a triangle.  It can…

Continue Reading Speculations on the pattern and Bill Gross

Observing the 150th anniversary of Lee’s surrender to Grant at Appomattox

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Lee, a man of generous spirit, resisted the efforts of some of his officers to continue the struggle with guerilla warfare.    It didn't make that much difference of…

Continue Reading Observing the 150th anniversary of Lee’s surrender to Grant at Appomattox