Monday, May 16, 2011

temp post

will not be available to post today

Sunday, May 15, 2011

Copper Intermediate Term Prediction


Above is an arithmetic, weekly chart of copper. A basic Elliott Wave count suggests that copper is in a correction that will precede another leg up. Since copper is a sort of leading economic indicator, I infer from this projection that the stock market will also continue to rise.

Friday Recap

Because blogger's posting dashboard was down, I could not post this information in real time.

Friday's S&P 500 intraday bias was neutral

I bought SSO (2x S&P) at 10:09 AM at 54.78

Friday, May 13, 2011

Temporary Post

Blogger.com's dashboard was down today and part of last night. Since it's Friday and the market is closed already, I will bring the site up to date later this weekend.