Just Follow the Pullbacks
Quick update on the Pullbacks… SPX – Remember that Wedge from March 9 below? I still expected it to run to the 200sma , and then a drop to the 50sma in a 1/2 cycle low. SPX – The 2 spike down days could be changing the way that lower trend line looks. The SPX […]
Watching The Pullbacks
Have you ever noticed that when we are waiting to see if a pull back presents a buying opportunity, it feels like price just drips down in slow motion day after day , no matter how sweet it looks? I’m feeling that now 🙂 Lets review the markets and then check out a few areas […]
Can We Buy The Dips?
Yesterdays report mentioning Anti-Gravity stocks was just the right thing to start the corrections 🙂 In Energy stocks I think we were getting a bit spoiled with 70 & 80 % gains in a single trade, but not so spoiled with giving back 20 – 25% today in BAS, LGCY, ARP, etc. Commodities are pulling […]
