A lump of coal…

http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=2&mn=0&dy=0&id=p44892117966&a=432305978 Over recent weeks we have discussed  being completely hedged and of not undertaking any operations while prices were in the box (as above).  (And it's not a Xmas present…

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Explosion occurs…as predicted

  http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=4&dy=0&id=p62284334472&a=407475521 Drawing the lines through the closes allows us to get a clearer picture of what the market has been up to for the past few months -- as…

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Observing the 150th anniversary of Lee’s surrender to Grant at Appomattox

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Lee, a man of generous spirit, resisted the efforts of some of his officers to continue the struggle with guerilla warfare.    It didn't make that much difference of…

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Change of tune…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p09524411098&a=266398464 Looking at the wave which unfolded last week we can plainly see the fingerprints of the contrarians.   These people take an extreme up bar as an excuse to…

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Perfect storm…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 While the result is nothing rare, (an expected downwave to curb a 37+ day surge) the violence of its accomplishment was notable -- sort of like a pefect storm…

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