I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Friday, February 26, 2010

I Hate to Say It

But it looks like the "currently in Minor 3" count is dead. See the chart below and read my notes.

I think we will be making higher highs before lower lows. And based on my short positions, I *really* hate to say that.

Addition 12:45

Here is the way I am leaning toward a new preferred count

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