In having the privilege to appear on television, host a national radio show as well as write to you, I am always measuring my words carefully. At junctures like this, even more so. The market has obviously turned bearish and most likely, the past five months were nothing more than a topping out process that…
The market remains in trouble…and in spite of oversold conditions, continues to get rocked. A few more things sticking out for me: The Transports are in imploding mode. Not good. The German DAX continues to implode…not to mention other European markets. The DAX has been a pretty decent leader of moves. Some stronger retail names…
I just watched the President come out and state Washington was on the verge of $1 trillion in spending cuts over 10 years. I also heard him say it was the lowest level of spending since Eisenhower. I also heard him say things got done because of Americans whose voices Washington heard. HAHAHAHAHAHAHAH! Let me…
I will have a bigger report covering the con artists as well as the market on Monday but wanted to send this short note out to you today. Major averages are now back at longer-term support…where they held nicely the last time. Remember, support is just that…a place where the big money crowd stand up…
This past weekend, I received no less than a couple of dozen emails asking me just about the same question. Should I sell everything in case no deal gets done? Frankly, I don’t blame them for asking. After watching the mainstream media trying to scare the crap out of everyone over the weekend with Armageddon talk, one would have…
The “another life preserver for Greece” has markets feeling it. The EURO is strong which means the DOLLAR is smoked. This has markets juiced as the weak dollar/strong markets correlation continues. Overall, major indices remain in the same multi-month trading range I have been talking about but now, technically, the major averages have a chance…
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Gary: Looks like it’s working. I will walk you through everything when you have some time. Eddie
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Gary: I am testing a way to for you to post articles for your subscribers, while simultaneously sending them the same message via email. If you get this email, it means that my test works because all I did was post this article to the site. Eddie P.S. It looks easy and you may be…
