KER Commentary – Mon 26 Aug, 2013

Monday Comments from Gary Savage

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Al KorelinGary Savage

  1. On August 26, 2013 at 12:21 pm,
    Gary says:

    Anyone trying to catch the last push in the stock market should have a stop right below 1639 as that marks the daily cycle low. If that gets violated then it would signal a failed daily cycle.

  2. On August 26, 2013 at 1:30 pm,
    Matthew says:

    The S&P was capped by the 13 day moving average today and is now below both the 50 and 55 day ma. This is not bullish action.

    • On August 26, 2013 at 1:43 pm,
      Big Al says:

      No sir, it is certainly not!

  3. On August 26, 2013 at 2:10 pm,
    Lore says:

    You guys made my day! I started buying a handful of my favourite companies again this morning. Feels good to finally, finally, FINALLY be getting back on track!

    • On August 26, 2013 at 3:32 pm,
      Big Al says:

      Maybe, I am giving it a little time, Lore.

  4. On August 28, 2013 at 12:54 pm,
    Pibe says:

    DUST keeps doing very well. So far so good. I still have my stops. It is not good to be overconfident.

  5. On August 29, 2013 at 10:14 am,
    Pibe says:

    Now Gary says that the cycle has been stretched (again) this guy is a joke.