This market is still trying to make up its mind .. the converging peaks and troughs in the daily time frame are forming a triangle .. looking at at weekly time frame to try to a get a better sense of whats happening doesnt get us anywhere either, it shows a failure swing with a subsequent higher low..... (more...)

There is absolutely nothing to be excited about in this kind of market …  Earlier posted at www.whipsaw.bravejournal.com …  Share and Enjoy: Read More →

Merry Christmas One and All and May you have a prosperous New Year Share and Enjoy: Read More →

   I think it was at the p6chat xmas party last Friday when a couple of guys asked me when i intend to resume participating in the stock market. Of course my boring reply was "when i see the market resume a clear and strong uptrend".  Now why do I, as well as many other... (more...)

   Still nothin doin… the market is moving trendlessly with a downward bias in a choppy manner .. look at the MAs – theyre all over the place .. the failed breakout of the downtrendline and prior resistance is followed by a fast decline back into the range .. i must admit... (more...)

A failed breakout leaves the 2 month downtrend undamaged – see the 2 lower highs and the lower low.  For the past 6 months, the moving averages crossed over 3 times in between the 14198 and the 12517 levels indicating a range bound movement from a longer term perspective.  The next critical... (more...)

Why does Jamby Madrigal share the same taste in clothes with Pistachio Disguisey, Master of Disguise? For that, I have no answer. Only pictures  Share and Enjoy: Read More →

Mickey, Minnie and the rest of the gang will be here January 18 to 27, 2008 for their annual Disney on Ice show entitled "Mickey and Minnie's Amazing Journey".  It will be at the Araneta Coliseum.  I can't remember the last time I watched a Disney on Ice show and I am now... (more...)