Is this it? See evidence….

Today's action presents some delicious uncertainties.  A 2.38% downday in the SPX, and interestingly the penetration of the 10 day low.  Last week we conjectured that the coiling nature of…

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Sidewinder…

We are now into the 28th day of sideways markets.  The last 9 days are especially ominous with the market coiling in a very narrow range.  Any minute all hell…

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What were they thinking?

Sometimes it's difficult to comprehend trader behavior.  Yesterday they bought stocks like the bear market was over.  For no rational reason.  Oh, yes, consumer sentiment, supposedly.  Didn't they know yesterday…

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44?

The present wave in the SPX (and the other indices) has now carried 44 days and gained 39% from the bottom.  It is Thursday and tomorrow is Friday.  That might…

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