could be headed for levels not seen since 1997 if it continues beyond the October 2002 low. Go to Full Article

The Qs broke the trendline, but as I often say, a break of trendline only tells us that the rate of change has slowed, it does not assure a reversal. The market is now trying to find support just above the daily VWAP and it will have to ... Go to Full Article

so far this morning. It will be important for short term support just under 2890 to hold if the market can build strength for a push past the downtrend line. A break below could lead to a test of the Friday levels. ... Go to Full Article

The difference between the impossible and the possible lies in determination. ~Tommy Lasorda. Go to Full Article

very choppy trading. What would happen if those trendlines do not hold on the next test? Be prepared either way. Go to Full Article

Strength is impressive, consolidate under trendline then higher? Raise stops on any longs. Go to Full Article

But the market is back above the 1 & 2 day VWAP.***CORRECTION it is NOT above 2DAY VWAP***** Be very careful. Go to Full Article

Losing is Losing, Or Is It? In baseball, there’s no official clock but there are innings and outs. That makes it simpler to gauge how many opportunities are remaining to make up runs when trailing. You’re either going to win or lose, ... Go to Full Article

Bring it In, Back it Up. Nearly every batter a defense faces will mean repositioning. Outfielders may shift to their left or right, or infielders may come in a little closer or play a little deeper than normal. ... Go to Full Article

The downside pressure resumed last week as the major averages took hits of 3.5%. However, some hope remains in place for the bulls that support may be in the process of being established in this area - that is, until it gets broken! ... Go to Full Article

Lose Small. With a base runner on and a batter at the plate, one thing we’ve come to expect in baseball is the sacrifice bunt. Rather than risk hitting into a potential double-play situation, a definite option is to force a fielder’s ... Go to Full Article

Stocks tumbled around the world again on concern government efforts to stabilize financial markets won't avert a recession. The signs of recession are now clearer than never. The German business confidence reported today showed a ... Go to Full Article

OK, I know, the market looks grim today, but how long have I waited to post this news? Exactly as long as you've waited to see it, my friends. This is one press release I was happy to write and have been dying to publish The entire text ... Go to Full Article

Here's a long term weekly graph of light crude oil over the last 10 years. You have to go back to 2000/2001 to see a similar correction but the current correction in crude oil is much more dramatic. On the bullish side of things, ... Go to Full Article

I've been mentioning over the past several days that the technical action in the indices has improved enough to where I have begun dabbling on the long side, but we are not out of the woods just yet as indicated by Friday morning's ... Go to Full Article