Mkts that breech their winter lo's in Jan fall on avg 39%. We had a 1st week in 2008 that was DOWN;a DOWN JAN;& NEGATIVE MoMo!
also the DOW UTIL's are tracing out the same topping pattern that it did in #2001. Then as it appears now JUNE will drop off of a cliff! The trigger? who knows, but the news will accomodate the trend!
The Shedlock-Schiff Affair: A Chronicle [View article]
I moved to 40% cash in early #2008 & left 60% in GG & CFK. What was the result? Failing to use stops & committed to my plan, I TOO LOST $$$$'s!
GG $52-14 CFK $10-2...with the latter reporting a TRIPLE in its 4th qtr earnings...
Preparing for the Fall [View article]
We had a 1st week in 2008 that was DOWN;a DOWN JAN;& NEGATIVE MoMo!
also the DOW UTIL's are tracing out the same topping pattern that it did in #2001. Then as it appears now JUNE will drop off of a cliff! The trigger? who knows, but the news will accomodate the trend!
Time To Abandon Stocks? [View article]
So this decade is closing in on a wash!
The Minotaur, the Labyrinth and the Icarus Rally [View article]