(whispering).... We have secretly replaced Gary David Goldberg's Black Labrador with a large grizzly bear, let's see if he notices
..... I am just randomly entertaining myself. But this nice bullish compliant rally has been secretly replaced with a (or rather the resumption of) bear market.
Let's see if the dip buyers notice. [more]
- (Knock, Knock)
- Who's there?
- .... (scratching)
- Who's there ...?
- (scratch, scratch)
- What the? ... (sound of door creaking open)
- ROAR!! (jaws snapping, claws scraping against wood, etc.)
... What did you expect the bear to say? It's just a bear. [more]
For those of you who don't know who floridabuilder is, he has been a dominant Caps player for years, but most importantly his blog posts on the home building industry are the stuff of legend (well, I don't know if they can technically be called a "legend" since you can go back a re-read all of them, but let's just say they are legendary and held in very high esteem by many :) ) He was one of my earliest favorites in my binv271828 portfolio. [more]
I have talked about the Dow/Gold Ratio (DGR) extensively in the past, and most especially in The Gold Blog. Gold/Silver/GSMs (and a little Oil for good measure) - Sep 11, 09. [more]
Lots of crazy moves up and down this week. Lots of volatility. And fun was had by all ... sort of ... well, not really :) [more]
First, here is the EOD count. And yet another triangle to extended sideways today with no meaningful pullback --- TRIANGLE!! (shaking his fist)
.... continued in comments...
A few charts to illustrate my point.
All new P2 highs on the SPX, INDU, COMPQ and NDX (RUT just a couple of points shy)!! Dow at 10,000!! Whooo-Hoooo!!!
This is one of my all-time favorite Saturday Night Live sketches -- Global Century Investments: Straight Talk About Today's Market. It was aired back in 2003. I think it is worth watching again now because [more]
This post will be an update to The Gold Blog. Gold/Silver/GSMs (and a little Oil for good measure) - Sep 11, 09. Please read this blog first for my fundamental take on gold and the long term charts and counts from which the shorter term counts shown below are derived. [more]
The Baltic DryBulk Index is often cited as a leading indicator. Taking a look at the chart, there is really only one direction that the BDI is forecasting....
.... I will let you make up your mind.