Wall Street Journal Interview

 I was just quoted by WSJ

Stocks Fall About 1%, Oil Prices Jump - WSJ 

Chart of the Day

 

HAPI SP1_momo Chart

If you look carefully, you will see our HAPI momo Indicator (lowest subgraph in right hand chart), started to pull back on Friday March 18... normally precedes price action

Chart of the Day.....

Lowry's Up & Down Volume Ratio

We have not seen the capitulation we were looking for since the down move started in first week of January, so our bias remains cautiously SHORT SPX for now.

Note: everyone should study this PDF by Paul Desmond, former head of Lowry Research Corp