Trend change or terrorist attack?…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p76542086636&a=266398464 When all about you are losing their heads… Contrarians are never at a loss for a trading plan.  They buy oversold and sell overbought.  So when unprepared investors are…

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Hopscotch…..

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p76542086636&a=266398464 Or, perhaps, cat on a hot tin roof.  Cat alive?  Cat dead?  Each day is a new day  as a Bhuddist monk told us once at Tasajara. We had…

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Chinese Chicken Little spooks market…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p76542086636&a=266398464 China, oil, Janet...real traders playing golf in the Hamptons...  What does the reason matter?  It matters not.  Indu down 1100 at one point and finishing 588 down.  Thank God!…

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Not a surprise…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=7&dy=0&id=p51053375451&a=417742260 With the market vulnerable Thursday the contrarians changed the game.  From selling strength and buying weakness they changed their tactics and went for the jugular, piling into shorts.  They…

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More of the same…

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p63778548360&a=420770660 Never ones to stick around when unwelcome we fled from our shorts in gold and silver.  Honestly it makes you think you ought not to do anything until this…

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