Archive for September, 2006
The More Things Change, The More They Remain The Same
Tuesday, September 19th, 2006Wow, here we are again. It was May 10 when the market was at these price levels before dive bombing when Ben Bernanke didn’t meet Wall Street’s expectations. The quarter point rate hike was expected but Bernanke did not indicate that it was the last rate hike for the tightening cycle and the market [...]
The Market Rally that Defys Gravity…..Is it Crusin’ for a Brusin’?
Tuesday, September 5th, 2006In my last Blog of August 24, the market was set up to confirm a potential up move, of a Head and Shoulders Bottom pattern on the daily S&P chart. I talked about there being a flash point in the near future. A flash point is like a flash flood. Out of the blue, from [...]