Monthly Archives: April 2010

A pause for the Cause? or The Start of the CORRECTION?

Last night I wrote how we were very close to the exact 62percent retracement in SP500 Cash at 1,228, as it turns out 1,211 was

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1,228 is Target for SP500 Cash

We got through the 62% retracement target I have been talking about for a few weeks now in the Dow at 11,238. Dow cash posted

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Look out Below

We got within 11 handles of the 1,228 target of 62% retracement in the S&P500 cash today,Friday April 23.The Dow cash couldn’t get to 11,

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Can I get an Amen?

Dow cash high today, Wed April 21st high tick at 11,217….21 points from the 62% retracement goal I wrote about last week. In the S&P

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84 points in the Dow, Close Enough for Horseshoes and Bottle Rockets

Dow cash posted a high Thursday at 11,154. Today Friday the 16th, our high in Dow Cash is 11,153. This is shaping up to be

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Is it Safe?


On March 1,2010 CK posted a high at 392. One month later on April 1st, we had fallen to 343 1/2.. A 48 1/2

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Newsweek’s cover a contrarian indicator?

Its official. Newsweek is bullish the US. If you’ve been reading my comments over the past 7 months, you know how I feel about popular

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62 percent retracement of the melt-down of our generation

In the week of October 12, 2007 The Dow Jones Cash posted a high tick at 14,198. We posted a low of the move the

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How much higher will this lower opening be?

Crop report today. Not a huge surprise. Slightly friendly for corn and old crop beans. Negative world wide carry out with an extra 4 million

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When Greenspan talks, look out below….

It doesn’t seem to matter that Alan Greenspan is no longer at the Fed. Like muscle memory, the markets have moved lower as Mr. Greenspan

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