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Author: Michael Kahn

Was the market strong or not?

More stuff I’m just saying:br /olliA lot of the market scored what looks to be morning star candle patterns (assuming no sell off from now 2:25 to the close)./liliVolume is pacing the quiet week before last week’s...

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Fool talking heads once, shame on you

Fool talking heads every single time the market takes a header, shame on them.br /br /And shame on everyone who thinks they know where the market will bottom, when the market will bottom and how it will bottom. Nobody knows, not...

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Capitulation or Decapitation?

I’ll be honest right here – blog readers are not going to get my conclusions after today’s huge percentage loss (number 11 all-time) and point loss (number 3 all-time). This is where the rubber meets the road...

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…and Bagels Still Cost a Buck

Go down to your local bagel shop and ask them why they still charge a buck for a bagel. I understood why they raised it but its about time they cut it back down. Sooner or later, customers will flock to the first guy to make the...

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We’re Number 1!

What was that Rodney Dangerfield line? The sewer truck with a sign that read, “We’re number one in the number two business.”br /br /As I write this and the Dow is down 437, on top of yesterday’s 370, on...

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Reasons for a Bottom, part 3

OK, this is one of my more obscure pop culture references and marginally recognizable at best. Ian Dury, singer with the Brit-new wave group the Blockheads had a tune called “Reasons to be cheerful, part 3.” Perhaps...

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Mikey’s Believe It or Not

Here is something I stole, er, borrowed from an email sent out by Arch Crawford of the Crawford Perspectives. I have not verified it so it may or may not actually be true. But no matter, true or false it is a hoot.br /br...

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Hidden Panic

If you had asked any chartist what it meant when the VIX topped 40 he/she would have said – panic in the market and probably a washout event had just occurred.br /br /Now ask him/her what it means today when the VIX spends...

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Autumn Panics

Chris Carolan published an award winning paper on Autumn Panics (visit www.mta.org to see it) in which he outlined the probabilities for major, major breaks in the stock market in autumn – but based on the lunar calendar....

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