Wednesday, June 18, 2008

Two Bellwethers

Are you feeling lost - adrift and without focus?

If so, that is because you are - lost, adrift and without focus.

Perhaps you look too much at "fundamentals". A fundamental analyst will study what a stock SHOULD be doing - and a technical analyst will study what a stock IS doing.

(wisdom thanks to Merv Burak)

We let the markets talk to us - a good example is the important chart below

There is a very important Elliott Wave component in play here - can you spot it?


Two Bellwethers - Important Test of Lows

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