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Monday, Monday…

  • Post author:Darren Miller, Ph.D.
  • Post published:Monday, October 20, 2008
  • Post category:Commentary

A nice start to the week for the bulls as the major indices all locked in some decent gains with the broader market ($SPY) gaining nearly 5%. However, I would…

Continue ReadingMonday, Monday…

The calm before the storm?

  • Post author:Darren Miller, Ph.D.
  • Post published:Tuesday, October 14, 2008
  • Post category:Commentary

The bulls will argue that of the record gains yesterday, today’s lower close is just a rest stop before another surge higher. Take a look at the breadth chart below…

Continue ReadingThe calm before the storm?

Manic Rally!

  • Post author:Darren Miller, Ph.D.
  • Post published:Monday, October 13, 2008
  • Post category:Commentary

The $941.50 level I pointed out in the broader market (78.6% retracement) was steam rolled last week. Now, after today’s manic rally, we are back above that level. Keep in…

Continue ReadingManic Rally!
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