The Hardest Part

According to Tom Petty,  “The waiting is the hardest part”.   I do believe he’s right, but at times it is the safest thing to do.  For example, did you see the futures yesterday in the morning? The Dow was set to open up hundreds of points higher and in fact, most of the day […]

TRAPPED

We were not long the markets over the weekend, but if you woke up Monday and you were?  The above picture is a perfect example of what that probably felt like. Dow futures were down hundreds of points and there was no escaping the bear claws.  We expected a drop, but I was very surprised […]

How’s It Going?

For months I have been pointing out this Rising Bearish Wedge and then a possible topping process ?  Just a few of those charts posted are below.  March, June and then AUG 17,  2015 We cant say that this topping process was exactly a surprise…