Is It Dead?

Wow!  What a Bloody day on Wall Street for the Bulls!  I was wrong yesterday in thinking that Goldman would hold up the market today, and that we would sell off to 1115 on Friday.  I hope that many of you were already short and profited from it even though it came a . . . → Read More: Is It Dead?

Still In The Rising Wedge…

Unbelievable!  The PPT (Government) managed to rally the market back up to close just inside the rising wedge once again.  But, time is running out quickly and tomorrow should be the last day in the wedge.  I think that Goldman will release good earnings and that will keep the market from falling outside . . . → Read More: Still In The Rising Wedge…

The Bulls Never Quit…

Looks like we got our back test… only a little higher then I expected.  Regardless, I don’t see it going higher tomorrow, as there are too many earnings reports coming out that should force it down.  But, here’s the problem… we are still inside this rising wedge, and coming very close to the . . . → Read More: The Bulls Never Quit…

Weekend Update…

This weekend update is going to be a “KEEPER”, as you should bookmark it and re-read it in about a month from now.  Also, you should save the charts posted here.  I’m going out a limb here by posting a “Turn Date” and stating how much I expect it to fall, but I’ve never . . . → Read More: Weekend Update…