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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Paranoid market on a hot tin roof…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 While we wait for the market to confirm the breakout of 2000 it would be interesting to assess the present state of the market.  Paranoid cat on a hot…

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Rocket leaving yesterday. Don’t miss it.

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We love to be on the train as it pulls away from the station and we wave at investors with opinions and beliefs standing on the platform convincing…

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Change of phase…

99% of what we do is based on the solid granite method and principles of John Magee.  1% is experienced instinct and cocked antennae.  That said we thought there was…

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