BEAR WITNESS: MONDAY EDITION

Jan 30, 2012 | Charts

Something new I’m trying out here. I do a lot of stuff I don’t tell you guys about. I want to change that. Ideally, I want what my eyes see in the markets to be transferred into your field of vision on a nightly basis. I’ll put quick notes on there that reflect what I’m thinking as I look at the information. Charts are the easiest way to digest the information quickly, which is why I use them. No stochastics, MACD or anything like that to speak of…not necessary ever really. No economic statistics or headlines…that’s just noise. Raw price information and what can be immediately derived from that information is all that is needed. Hope it helps you over the long run.

Here’s what got my attention tonight:

DOW HOURLY

DOLLAR INDEX

NDX HOURLY CHART

VIX

DANG

RENN

DHT

EGLE




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