Archive for December 7th, 2011
Oil breaking down (09-23-09)
This is what I mean when I say we need follow through. The spike in volume is confirmation that this pattern has confirmation.
Indecies Update (09-22-09)
I am still in the camp that we are going to go down. The only problem is that so is most of the market. What this does some times is it makes the market move higher and higher. The reality is that we are on top of the range of the pattern and until we don’t have confirmation on either direction we are in risky waters.
Volatility and Bullish Percent Indecies (09-22-09)
These are also some indicators that we look at as the top of a move is coming to an end.