http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p60546422961&a=255869372 The gold rush which impelled gold and bonds has struck a triangle. This at least contributes some rationality to the market. One can now wait for the breakout and…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 Our last letter may have sown confusion in some of our readers. Let us straighten it all out. If one were trading the system we have been using for…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 In the most treacherous markets of our lifetime many faces are shown. Now the market is inviting us to buy again. The pattern is that most enticing of Japanese…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464 What might have been a b wave now looks likely to be a bottom formation (at best). (Note volume formation.) And a bottom formation subject to the whims of contrarians…
