tb
2.23.2010
2.09.2010
I would like a Technology "chopped" salad, please...
I think we could be in for a "choppy" pattern over the next few weeks...but once we break out from the choppy consolidation pattern, we will decline further...
tb
2.08.2010
2.06.2010
A bubble in search of a pin...
A Bubble in Search of a Pin
We are going to once again return to the book highlighted the last few weeks, This Time Is Different, by Carmen M. Reinhart and Kenneth Rogoff. This is a book you should buy and read, especially the last 4-5 chapters, and try to get your Congressman to read it as well, so he or she can see what happens to countries that run up their debt. It makes no difference if it is small or large, the end result is the same.
Click here to read the rest.
tb
We are going to once again return to the book highlighted the last few weeks, This Time Is Different, by Carmen M. Reinhart and Kenneth Rogoff. This is a book you should buy and read, especially the last 4-5 chapters, and try to get your Congressman to read it as well, so he or she can see what happens to countries that run up their debt. It makes no difference if it is small or large, the end result is the same.
Click here to read the rest.
tb
2.05.2010
TWM: minor and major resistance...
I've see the pattern a million times. Okay, maybe not a million, but I have seen where the market continues a pattern for a long period of time, then surprises everyone by going farther in price than it was "supposed" to, only to reverse course in a big way, catching everyone off guard...
THAT move is precisely when the market has changed direction (finally). Now, it's been 3 weeks now, and we are approaching first resistance around $30 on the TWM, but you can see the future target prices.
tb
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