For GT Blog October 08, 2008

The problem with gold is that from time-to-time it trades like a commodity and then trades like a safe-haven currency

18-months ago safe-havens were the big U.S. multi-nationals - this pushed the DOW to all time highs

6-months ago safe-havens were the U.S. and Canadian T-Bonds

Now gold is the latest safe-haven and our chart below illustrates the transition of gold from a commodity to a currency

On August 29, 2008 our relative analysis study Binary_RA6 has flashed an "own gold" signal

Bill Carrigan

GT Blog October 06, 2008

The three stages of a bear market

Disbelief - the 2006 US housing bubble is brushed off as an isolated event - the housing stocks collapse but the broader indices advance

Worry - the Sub-Prime mortgage "problem" widens and in 2007 the Financial stocks sink - the financial crisis spreads into Global markets and the FED steps in

Panic - investors fear to own any asset and sell at any price to raise cash - The activity over the past 6 trading sessions is the panic

Strategy - do not sell now and STOP WATCHING BUSINESS TELEVISION!


Bill Carrigan

*Reminder there will be a GT seminar held on Tuesday October the 21st in Oakville. For more information click here http://gettingtechnical.com/07_seminars/index.shtml

GT Blog October 1 2008

Today we are looking for stocks that displayed strength during the Monday panic sell off. Our definition of strength is the ability to post a Tuesday close above the close of last Friday.

The filter was run and 46 Stocks were found. The stock prices had to have been $2.25 or greater to make the cut.