kaltbaum email

Glad now I backed off FRAN as it reversed down. Will let you know.
 
Not going to add anything tonight but thinking S&P high will be taken out. I am seeing better action in financials and commods not pulling back…so on next good day for them, market will go through.
 
I suspect we will get many more set-ups in the weeks ahead as long as market hangs in there.
1 reply
  1. Ron says:

    Am using GLD as insurance against unexpected negative events — such as an attack on Iran’s nukes to distract us from pressing domestic economic problems. (a la the apirin factory attack ploy)

    Still recommending stops below the 50 day?

    Ron

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