Wednesday, September 5, 2012

5 Sept 2012

Finally reached 50,000 hits.  Thank you for the support.  I truly hope you find value in this blog even if it is using me as a contrarian indicator.

I'm on the road so I can't post my custom charts.

 There is some weakness between this peak and last.  However, it looks like this wants to try turning up again in the shortest term.  The trendline remains intact.

VIX is pushing to two standard deviations despite the indexes falling in a very controlled manner.  This is odd.

Good luck.

"Constant development is the law of life, and a man who always tries to maintain his dogmas in order to appear consistent drives himself into a false position."
Mohandas Gandhi

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