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John Lounsbury
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John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
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John B Lounsbury CFP
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Global Economic Intersection
  • Beware Of Orderly Markets 0 comments
    Oct 6, 2012 12:02 AM | about stocks: SPY

    I have long believed that comfortable is a bad place for me to be as an investor. That's why the chart tonight from the 5 Min. Forecast is unsettling.

    (click to enlarge)

    This shows an exceptionally well-behaved four month advance.

    Why does this give me a little unease? Well, for one thing, my name is not Alfred E. Newman.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: trading channel Stocks: SPY
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