Monthly Archives: November 2005

wednesday update

We’re deviating from our usual format today to answer a question from one of our readers:  Hi Tony:I have been reading your column on this blog for about a couple of weeks. I have been following a lot of theories … Continue reading

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tuesday update

SHORT TERM: POSITIVE Today looked like a continuation of yesterday, with some subtle differences. Yesterday, the market rallied in the pre-market, and was sold off immediately on the open, closing near the lows: a 1% down day. Today, a pre-market rally carried … Continue reading

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monday update

SHORT TERM: POSITIVE I did some buying today. The markets finally took a breather, as selling came in at the open and continued into the close. All in all, down about 1% and down 1.5% from the recent highs. All within the … Continue reading

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weekend update

I came into Thanksgiving with a little bit of scepticism short term on the markets. I had noticed that not only the short term momentum oscillators were overbought, but also the intermediate term ones as well. So I’ve spent the … Continue reading

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happy thanksgiving

Hope you all are enjoying the holiday. I see some short term developments unfolding in the markets. They do not effect the intermediate/long term trend, which is still very positive. However, we are getting overbought in most of the indices on … Continue reading

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