NFTRH+; This Indicator Chose its Direction

Ref. the June 17 update showing the ratio of the TSX-V to the TSX in a Diamond formation from which it would soon break one way or the other. Today it chose that direction. From that update (still applies): On the weekly view [chart not included in this update] we can see that a breakdown that loses support would really hurt the case for a … Continue reading NFTRH+; This Indicator Chose its Direction

Gold Puts on a Happy Face

The pattern just cracks me up every time I look at it. So sleepy, so content, so cute. I just want to tickle its chinny chin chin. Today at least, it looks like it was not unwarranted calm, but instead it looks like content, sleepy old gold knew all along that the post-March consolidation was a pleasant, if necessary affair to offload unhealthy patrons who … Continue reading Gold Puts on a Happy Face

KWN: Still Harvesting Fearful Eyeballs

After being asked on Twitter for thoughts on the article linked below… The two main things I remember about King World News are that its interviewer has a voice that is remarkably similar to Dennis Miller’s and that the headlines and articles over there scare the crap out of people. It is not only the major media that harvest eyeballs. This Collapse Will Be A … Continue reading KWN: Still Harvesting Fearful Eyeballs