The real problem…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market has been hammered repeatedly over the last 10 days or so, so naturally the WSJ, attempting to explain the unexplainable, attributes it to fear  that global growth…

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V bottom, turn on a dime…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 We saw the market turn on a dime Thursday, a reversal which is being confirmed today.  We immediately lifted our hedge and reestablished our UPRO (SPX) positions.  Readers who…

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Serious business…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p99378568549&a=266398464 The market is telling us to get serious.  Sailing leisurely over a great bull market is pleasant business.  But when you hit the Bermuda triangle you have to get…

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