Post from Iphone

So I have finally stepped up and got an iPhone. Now day two and I discovered this wordpress app. Wow! Can I really post blog updates from my phone now?this is sick
I hope to actually utilize this more, mostly on the daily comute.

S&P thoughts from firm

As seen above, the S&P 500 ran into another spot of resistance (orange lines and purple arrows) at the
875 level. The index still remains above its’ up trend line (green dotted lines), though a trend line that is
less accelerating in nature. A close back below the 850 level is likely put the market on the [...]

Save the Most Important Industry

This is an urgent request; since the government has made it their policy to inject endless gobs of cash in industries and companies that they decide as ‘too big to fail” OR “too important, and must be saved” I have finally found the groups that must be saved at all costs, even if it means [...]

Firm’s morning comments.

On 3/10/09 we said ” Market internals (ie. the number of advancers to decliners and up volume to down volume) on today’s advance were the most bullish internal readings seen since the move off the 2002 lows … “
We also said ” When the skew of advancers to decliners and up to down volume is [...]

Happy St. Patrick’s Day

AOH in Stamford win

The AOH said in a press release Thursday that if CT State Sen McDonald (D-Stamford) marched in the St. Patrick’s Parade on Saturday they would step aside in a silent protest and not march. This was picked up by the local press , including the Stamford Advocate . Even though the Advocate miss quoted the press [...]

firm’s morning note

Back to where we started …   As seen in the attached report the S&P 500’s multi-day rally back from the dead has brought the index smack dab backup towards its recently broken support zone near 780 to 740.  This zone of resistance is likely to stall this rally short-term given the fact so much trading activity occurred [...]

AOH Press Release

Press Release
 
The Stamford Division of the Ancient Order of Hibernians (AOH) has asked the organizers of the Stamford St. Patrick’s Day Parade to withdraw its invitation to State Senator Andrew McDonald to march in this Saturday’s parade.  In the event that the Senator McDonald chooses to march, the AOH will step aside from their traditional [...]

Blog Setups

Testing different setups

morning note

For the last few weeks we have been talking about the critical S&P 500 support levels and how they are the dividing line between a rally and another waterfall like decline. Well here we are just two days and a very modest bounce removed from a retest of that support and we have already given [...]