http://stockcharts.com/h-sc/ui?s=C&p=D&yr=0&mn=6&dy=0&id=p84818044993&a=203282124 We have long thought that in the long run banks will be good investments. We still think that way. It's the short run we're worried about. We are willing…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 Two things are noteworthy about this chart (and the market). The first is that May's high has been taken out. (A note about that noteworthy occurrence: Magee thought that…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 The sideways drift in the SPX in late September -- and other indices -- resulted in the construction of a more reasonable trendline, the last on the chart. The…
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=6&dy=0&id=p23550335056&a=203282120 This is a buy signal in gold. (And the other metals.) This may be the beginning of a blow-off. We would move our stops to 3% under yesterday's low. …
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=6&dy=0&id=p39697041562&a=203282119 Today we sold our Qs position as well as our TBT position and scaled out of some of our SPX position. TBT we didn't like as the downdraft in…
