Saturday, May 17, 2008

Do banks need 5 years?


A possible triangle while the consumer tucks some saving away and pays off debt and financials repair their balance sheets after coming clean...

Tuesday, May 6, 2008

Three charts..







Sunday, May 4, 2008

Watching this..


just something a little different that I'm always checking...at a do or die point right now.

Friday, May 2, 2008

spx monthly


Common knowledge probably...but just in case..

Taking it to the brink...






















or I'm completely wrong....closing the week above 1400 could be bullish....but if we do....and then reverse strongly back below early next week....it's bearish. That would allow for a weekends worth of bullishness to fester. First things first....a strong reversal this morning with the jobs numbers could send things down in a hurry. Some cash indices may want a bit higher however.