Our purchase of NVIDIA Corporation (NVDA) yesterday popped quite nicely today ... up almost 6% in a single day. Kind of makes a guy feel like cashing in. "No Don, stick to the rules and use the strategy." "OK, fine." Excuse me for talking to myself, but I am 60 now and I believe it's acceptable. Now, what was the point of this update? Oh, now I remember. It wasn't to toot my own horn. Remember the SPY buy signal we published on November 28, 2011? Two days later the DOW was up 490 … [Read more...]

Things Could Get Interesting With the recent sell off we're closing in on some critical price areas. I'm writing today to make you aware that if price does reach this area, action may necessary. Depending on how the market reacts to these price areas our action may be protective, or it may be opportunistic. Let me explain … I've been talking for weeks now about the market trading inside of this channel (see image) between the two trend lines. Over the last few weeks price has been moving ev … [Read more...]