will tell the story of the risk profile of the market in the coming weeks. For me the market is treading into quicksand. Today we are entering day 21 of the 20 to 30 day topping formation that we have…Continue Reading →
It is a house of mirrors. In fact there are so many mirrors that virtually no one knows what a real market looks like. What artificiality has created leaves investors little basis for a reality check. The double top in…Continue Reading →
I look at the gap between manufacturing and consumption as being the key fundamental factor in the coming rollover of the market in 2014, i.e strong manufacturing numbers and weak consumption numbers. Unless consumers are stupid enough to resort to…Continue Reading →