Next Tactics

In a previous article, we discussed the possible scenarios for market direction once peak volatility passed.  Once bottoming bars were established by the doji shaped candles (labelled climax low on the chart below), the risk reward parameters are established and projections can be made. With specific reference to the Dow Jones index, the first fibonacci … Continue reading Next Tactics

Possible Scenarios

One of the most infamous sentiments in the investment arena is, "this time it's different."  Every major sell off in the history of publicly traded stock markets have elicited those sentiments from observers both amateur and professional.  While normal ebbs and flows can be reasonably explained in real time, when a big sigma selloff occurs, … Continue reading Possible Scenarios