Chasing the dog days with shorts…

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p20151420079&a=420770660   We shorted gold and XLE, And for the moment certainly wouldn't be buying anything.  We are on hold until the present  phase plays itself out.   http://stockcharts.com/h-sc/ui?s=XLE&p=D&yr=1&mn=0&dy=0&id=p68704168375&a=420770968…

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The kiss of the death cross…

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=1&mn=0&dy=0&id=p90850879542 The kiss of death is not the death cross.  The kiss of death is believing all the unmitigated b.s. which flows out of Marketwatch and all the other media…

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At last they’re here! The dog days of August….

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=3&dy=0&id=p76611673066&a=266398464 The present trend will tend to continue.  Contrarians will continue to dominate the market.  Donald Trump will divorce his wife and marry Kim Kardashian.  (Just wanted to see if…

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