Monthly Archives: September 2012

Market Meltup Underway

I’m watching a classic blowoff in the major market averages. The last time I saw anything remotely resembling this kind of market action was in 1980, when gold roared up from $700 to $1,000 in less than a week and then … Continue reading

More Galleries | Comments Off on Market Meltup Underway

Checking Out the Wrong Way Charlies

This gallery contains 3 photos.

Traders have an uncanny ability to shoot themselves in the foot at critical moments in the market. They love ’em at tops and, at bottoms they can’t get rid of them quick enough. Here’s what Market Vane reported for the … Continue reading

More Galleries | Comments Off on Checking Out the Wrong Way Charlies

On Handling Uncertainty

“In fire and other emergency operations, you must not merely tolerate uncertainty, you must savor it. Or you won’t last long. The most efficient preparation is a general mental, physical, and professional readiness nurtured over years of training and experience. You … Continue reading

More Galleries | Comments Off on On Handling Uncertainty