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…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p01433014824&a=207879904 We are in a bit of tight spot from the point of view of trendlines here. In effect there is no good anchor point in September, leaving us to…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 Two power bars in five days. One a breakout, and the other a confirmation. Rushing on to October we only had three down days after the breakout. What does…
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p62881197949&a=207879904 We are not much contrarians --- because we assiduously avoid joining fads and cults and cliques. And we avoid attaching too much importance to any idea or concept. We…
We have remarked at some length on the futility of pre-identifying chart patterns -- as we have remarked here on everybody in the world seeing a head and shoulders here,…
