Thursday, January 24, 2013


Rising Wedge Scenario Begins to Unfold for S&P 500 
  
By Mike Paulenoff, MPTrader.com 
Heading into the afternoon session, the pattern carved out by the e-SPH has a taken on a decidedly ominous look.


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The Last Believers: Government Grabs the Bag with Both Hands

By Elliott Wave International

"When government gets into the act of speculation, the top is usually way past having occurred. Government is the ultimate crowd, every decision being made by committee. It is always acting on the last trend, the one that is already over." - The Elliott Wave Theorist Read more.

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