A buy signal in the Dow.
Yesterday prices powered across the signal line in the dumpity-bumb-dump pattern (or whatever it is we call it). This does not guarantee the resumption of the uptrend, but it is…
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A buy signal in the Dow.
Tipping point tiptoes along razor’s edge…
We have always had our eyes on that little known Nobel Prize category -- the mixed metaphor prize. We probably have the inside track on it, but you never know. …
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Tipping point tiptoes along razor’s edge…
Dow black cloud. Silver lining. (Gold lining?)
Actually, maybe it's a gold lining. While the Dow was deteriorating gold was contributing to account equity -- as was silver. Both could probably stand add-ons to the position. You…
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Dow black cloud. Silver lining. (Gold lining?)
Long term perspective on the Dow.
Readers who have read Sacred Chickens, the Holy Grail and Dow Theory will remember that the system discussed there used weekly bars. Weekly bars have the characteristic of stepping back…
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Long term perspective on the Dow.
Yo-Yo? Bungee? And, surprise, an upwave in the Dow!!
Wonder of wonders. An upwave in the Dow? Here the 90 minute bars in the Dow. As is obvious either a reversal or a consolidation is taking place. As readers…
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Yo-Yo? Bungee? And, surprise, an upwave in the Dow!!