Tweet . Last weekend I posted the short sale ratio indicator which pointed out that the public was heavily short and the specialists weren’t quite a bearish. What this could potentially signal is a short squeeze could ensue very shortly. It was dead on to the tune of a 945 (11.29%) point rally in the […]

Tweet I have to give props to Ben over at The Financial Ninja for finding this video as it is absolutely hysterical how Art Laffer mocks Peter Schiff. If this bear market/credit crisis has done one thing, it’s exposed who really knows how economies work and who hasn’t got a clue (*cough, Kramer, Art Laffer). […]

31
Oct
stored in: Technical Analysis and tagged:

Tweet This is the question that everybody wants to know the answer to these days. Now that the markets have “tested the lows” is it off to the races now? I’m going to play devil’s advocate here and go against all this new found optimism that seems to be all over the news. I’m not […]

29
Oct
stored in: Technical Analysis and tagged:

Tweet That’s my reaction to what transpired over the course of today. Coming into the open I felt like a continuation from yesterday’s irrational exuberance may take the markets temporarily higher and then the bubble would pop, sending the markets lower. I was really hoping for a big gap up to take out the rest […]