A second bite at the apple…Gold problems

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We shorted gold based on the downgap.  A trade rather than an investment. The August buy signal canceled by the retreat and gap constitute that phenomenon technicians regard as…

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Nothing much…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p88150915824&a=214966864 It might seem strange to regard the week as not much -- especially when the SPX transversed 38 points on Wednesday and the Nikkei took a 6% dive.  How…

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INDU — wave low marked…

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=215498479 It is worth noting that today marks the third day away from the low made the 16th.  As such the low serves as an anchor point for a new…

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