Month: December 2014

Forget the fact that Feinstein, Pelosi and many other Dems on committees knew about enhanced techniques on terrorists. Forget the argument on whether enhanced techniques were right or wrong. Forget the utter hypocrisy on capturing terrorists and then using enhanced interrogation techniques equals bad but blowing the terrorists up with hellfire missiles along with the…

We came into yesterday thinking a pullback was at hand. At 10 am, we were not so sure. But the reversal and this morning’s open simply tells us things are getting a little tougher in and around these levels. To be brief, pullbacks are a normal part of the process. They don’t have to lead…

Yesterday’s action showed markets are now in pullback mode. Recent highs could not be taken out with sellers now overtaking buyers.  The worst areas are being crushed while the best areas are now pulling back. Shorter-term support levels have been taken out but again, just a pullback right now. Pullbacks are a normal course of…