Dow 16000. SPX a hair off 1700…

  http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p62060422991&a=205639989 An important psychological barrier fell today as the Dow closed above 16000.  Here a close up of the Industrials.   The three humps here represent  a base which…

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Market animals and…Thanksgiving

EVery year, at Thanksgiving and Christmas, we take a moment out to think about hunger.  Not ours.  Here is a San Francisco Chronicle editorial on the subject: http://www.sffoodbank.org/in-the-news/san-francisco-chronicle-editorial-food-banks-cant-make-up-for-food-stamp-benefit-cuts  It's not…

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It must follow as the night doth the day….

  http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p20049953156&a=214966864 What must follow as the...whatever... is as we have remarked at least twice is a downwave after an upwave -- except when the upwave is followed by a…

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Hearts, Diamonds…Trumps

We are flooded with opinion and BS from professionals, amateurs, market manipulators and worst of all the talking heads on Marketwatch.  These are all carrying signs that say the sky…

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