Friday, October 31, 2008
Monday, October 27, 2008
P&F Chart Porn
This is a Monthly view of the NYSE New Highs-New Lows since 1999
Daily View
Notice that the oscillator rarely trades above 0 during bear markets.
~2% of the NYSE is trading above the 200DMA, less than 40% is no good for investors.
Friday, October 24, 2008
Black Friday
The Euro and Pound are crashing, S&P Futures are limit down, Gold is falling, the Yen is at a 13 year high... This is going to be an epic Friday. I'm waiting for a Russian Debt Default, a Tsunami in London, and a Terrorist Attack in NYC.
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