Author Archives: rodroth

Manias, Past And Present

Stare at the chart below, history is being made: A rational buy-and-hold investment strategy, cultivated by persistent increases over several decades, has come to a frightening  moment in the U. S. stock market. The Dow Jones Industrial Average has soared … Continue reading

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Soul Cake

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Quintessencially Speaking

The mind wants to know all the world, and all eternity, even God. The mind’s sidekick, however, will settle for two eggs, over easy. –Annie Dillard, The Abundance Riffing on my favorite TV meteorologist (Look it this picture, folks, isn’t … Continue reading

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On The Eve Of A 200 Year Top In The U.S. Market

The following is quoted from the August 4, 2017 issue of The Elliott Wave Theorist. Permission granted by  Bob Prechter, author. “…the setup is reminiscent of 1929, which kicked off the biggest bear market in U.S. history with a crash that erased … Continue reading

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A Sense of Place

Saying the NFL kneeling is about the flag is like saying Rosa Parks staying seated on the bus in Montgomery was about transportation –Overheard somewhere, yesterday It’s now sixty-four years since I saw what I saw, and nothing’s changed. Nothing. … Continue reading

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What’s Not To Like?

Killing me softly, killing me softly, with his song… –Roberta Flack It’s September 14th. Cindy’s birthday is the 18th. I think, “You know what? I’d love to give her the new Amazon 8″ Kindle Fire with built-in Alexa.” Did I … Continue reading

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Indian Summer

It is said that the market climbs a wall of worry. That is certainly so in the first leg up. Just when it seems the problems of the recent depression are being dealt with, a break in the action pulls … Continue reading

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All But Over

Don’t think. It’s the best advice I can give you. —from Isaac, by Ray McManus This will be my last essay on stocks for the remainder of the Grand Supercycle bull market. The preferred scenario is for the correction underway … Continue reading

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When Words Fail Me

There is always an abundance of stupid stuff going on at big market tops. This one is a stunner: The VIX is a sentiment indicator that shows the implied volatility ahead. Low volatility is associated with rising markets and high … Continue reading

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Smoke Signals

We love because it’s the only true adventure —Nikki Giovanni We got back from the mountains last night and I charted the daily Dow Jones Industrials. We look to have completed an ending diagonal triangle with a throw over: Last … Continue reading

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