Buying Panic?

One of the most interesting articles I read this week was an observation by the ever insightful Mark Hulbert that we’ve had three 9 to 1 up days in the last 3 weeks: Friday Aug 17, Wednesday Aug 29 and…

What The Charts Say – Watch Dow 12,800 and S&P 1450; The Underperformance of the Russell and The Outperformance of the Nasdaq 100

On a day like today, after a big drop, I think the markets are more about emotion than they are about facts and fundamentals.  Therefore, I find it useful to look at the charts for some guidance about how people…