Crudeman

Wednesday Outlook: Commodities, Global Markets

Actually Dave the McClellan was -130 a year ago and -120 last March so we still have a little room on the downside.

You're Not as Smart as You Think You Are: Psychotherapy for Cyclical Bull Markets

As Bernard Baruch said....He didn't buy at the very bottom or sell at the very top. He just kept that big portion in the middle!

Wednesday Outlook: Commodities, Global Markets

Acute bronchitis huh....Been to Mexico lately?!? :>) Be well and keep up the great work.

Friday Outlook: Back to Even on the Week

Oy Dave...Triple witching is next week...I want some of that funny herb you're smoking!! Never mind, you'll understand when you get to be my age!!

Monday's Market Surge: Head-Fake or the Start of a Real Turnaround?

Kris..where you see and inverted h & s pattern, I see a W forming. I still think we'll get a full test of the 7400 previous low and then hopefully a rally. We'll still get the same result...mine will just take a bit longer.

Does the Dow's History Offer Hope?

Well back in '29 you could buy stocks for 5-10% down. Now you could buy houses for 5-10% down...Hmmm, when are we gonna learn there ain't no free lunch?!?

Was Friday's Rally Just a Hedge Fund Short Squeeze?

Personally, as a chartist, a huge head & shoulders top objective was met at 7900 hence the dramatic 1400 pt round trip in the first half hour. Obviously it was mostly short covering as it then settled back to trade sideways until the spike at 2 pm. Having said that, wouldn't it have been nice if Ben and Hank had included Lehman's in all their schemes last week and all these money raising shenanigans might have saved a couple of trillion in equity holdings...

The Crash of 2008

As a chartist, another telling point is 7900 on the DOW. There have been three head & shoulders tops in this topping formation of the last 3 years. The top h&s objective was 11,000, which was reached and reacted off of. The second larger one went to 9500 which it took 2 days to break and break it did. Lastly, the large h&s which was spread over the 3 year period, measured 7900. We got there Fri. in rapid time and witnessed a huge short covering move which gave us a 1400 pt round trip in less than 30 mins. This makes me confident we've seen the bottom for this round....

If You Think the Dow Did Well Today, You're Wrong

As a couple of people pointed out, the rally started Thur when other markets were closed. They were just catching up on Fri.

Replacing P/E in Valuing Apple Stock

Shout it from the rooftops Steve...I've got Aug 160 calls!!

Tuesday Outlook: Commodities, Emerging Markets

Hey Dave...Love your charts and comments. You use Stock Charts for your analysis. I use both Stock Charts and Big Charts. The trouble with Big Charts is their indexes, especially the DOW are way off in price range. I've seen their daily prices vary as much as 100 points from reality (their daily charts will show the true price). For example their Jan low shows 11,500 verses about 11690. Is there a reason for this or do they use Yahoo's numbers man for that as well!! Thanks, John

Thursday Outlook: Commodities, Emerging Markets

Has anybody else had probs downloading the charts?? Blank yesterday and today on both Mozilla and Int Exp.