Wednesday, November 19, 2008

House of Pain

Apologies for a late medical meeting, call night, Internet problems, and bad market rising.

Another day, another beating for much of Wall Street.

Can we distill this to a few charts?
Thirty year bond yield. Deflation incarnate.
_________________________________________________________SP500...bombs away?
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Mamis-Meisler Breadth oscillator...10 period MA approaching parts unknown...one bullish sign.
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Who loves ya, baby?

Nobody expects an apology, but if the anybodies owe you one, think about a few of the permabulls regularly featured here. Street cred? None.

Good luck in KC, Coco Crisp.

Good trading and great risk management to all.

Educational use only. Never intended as investment advice.

3 comments:

Scott said...

Doc, I thought the link posted was right up your alley.

Scott said...

The link attached to my name that is.

Complacent Panda said...

That preview was intense.

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