Monthly Archives: September 2010

Everything is proceeding exactly as I have foreseen – Emperor Palpatine In Monday’s post I said: “we really would like to see a little volume consolidation before we make another run at the 1,150 line on the S&P” and we zigged … Continue reading →

War does not determine who is right, only who is left. – Bertrand Russell Just when you thought it was safe to go back in the water, Japan and China are at it again.  We discussed the “fishing’ incident last … Continue reading →

It’s only been three weeks but it’s time for an update! Back on the 3rd, I had said: “Let’s take a look at a quick dozen trade ideas for short-term gains.  I like all these stocks long-term too (it’s always … Continue reading →

What a fun day for debate! Former Fed Chair, Paul Volcker went way off-script in Chicago yesterday and “moved unsparingly from banks to regulators to business schools to the Fed to money-market funds during his luncheon speech.  He praised the … Continue reading →

“I’m forever blowing bubbles, Pretty bubbles in the air, They fly so high, nearly reach the sky, Then like my dreams they fade and die. Fortune’s always hiding, I’ve looked everywhere, I’m forever blowing bubbles, Pretty bubbles in the air.” … Continue reading →

Larry Summers is out! Hopefully this portends a shake-up of the Administration’s economic policy but that will very much depend on who is appointed to replace him.  It is, once again, the economy stupid and Larry’s stint as Director of the … Continue reading →

We popped all of our 5% levels yesterday, now all we have to do is hold them and we can start looking ahead to the 10% lines.  Just 10 days ago, on Friday the 10th, we did our last multi-chart study … Continue reading →