Tagged: dow

Blame the computers? Bah humbug. 8

Blame the computers? Bah humbug.

Did the computers drive the Dow down 25% in a week in May 1940 (no, there was no major war news that would have justified such a move): TD Ameritrade Here’s the Dow for...

Still 2007 1

Still 2007

Yahoo! Finance I can’t draw on this chart, but you can clearly see the similarities in price, RSI and MACD between the last 6 months and the period leading up to final top of...

There you have it: sell the Dow 2

There you have it: sell the Dow

Got a double sell signal on the 90-min RSI, and a very nice weakening trend: Prophet.net (I’m going to miss these guys — they were bought by Investools and they are shutting down the...

1987 0

1987

Since Graphite senses some parallels here, I thought I’d throw up a chart of the run-up to the crash of ’87: prophet.net I was just a kid, but I remember watching the news that...

Pre-open Dow futures 1

Pre-open Dow futures

It would be very predictable if stocks just rolled back over and had a very bad day: Interactive Brokers The caveat of course is that yesterday was a powerful move up, hinting that there...