Utter Crap

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In the noise of our daily lives, it’s sometimes easy to miss the nonsense. But look at this story from CNBC yesterday, keeping in mind this is considered the leading media program for traders around the world.

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Got that? It’s stunning but true. And it can do anything and still wants to go up. But it will stop eventually. And when it ends, it will end badly.

There’s some bankable advice!

I can only offer this chart of the DIA with the PSAR indicator, in which I’ve highlighted the all-too-brief periods in which the PSAR was in a bearish format. I think it’s clear to see who’s winning.

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