Tweet A local businessman here in Vancouver who happens to be a good friend of mine forwarded me an email he received from the president of a local automotive dealership. If this letter is authentic and I’m being told it is,  can really goes to show you how desperate people can become during tough times. […]

27
Nov
stored in: Uncategorized and tagged:

Tweet I’ll admit I’m trying to find reasons to support my new bullish bias, and if I’m reaching here please let me know. But there are two things about this chart that strike me as mildly bullish even though my gut is telling me that we’ve rallied far enough now it’s time to plunge back […]

27
Nov
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Tweet Comparing the depth and velocity of previous bear markets to see where we stand right now and where we could potentially be heading. clipped from dshort.com

27
Nov
stored in: Sector review and tagged:

Tweet With the amount of stocks over their 200 moving average at pitiful levels, there is room for more upside. We are not at resistance yet on the RSI and it will be important to see how that indicator acts there. The price channel below shows where the Dow could potentially stall, near 9450.