Category: Uncategorized

Dow Theory Update for July 22: Secondary trend for gold and silver turns bullish

 Primary trend remains bearish, though. Eric Sprott and the physical gold market conundrum Eric Sprott has just published in Zero Hedge an in-depth analysis of the gold market, and the causes of its decline. Some of the conclusions read as follows:   “Given the strong physical demand, we think that this decline was engineered by […]

Dow Theory Update for July 1: Richard Russell smells a bottom in the gold and silver universe

Stocks close up Richards Russell thinks a bottom in precious metals likely Last Friday precious metals rebound off the lows did not go unnoticed to Richard Russell, of the Dow Theory Letters. He thinks that sentiment towards the metals is black bearish, which is usually the kind of sentiment found at market bottoms. I feel […]

SIL/GDX ratio at new highs

If you look at the chart below you will see that the SIL/GDX ratio is at new highs. The highs 05/01/2012 were broken out last Sept 27. This is clearly bullish long term (i.e. 1-2 years) for the silver miners and confirms silver’s relative strength. The trend of the ratio looks impressive. From this chart […]

Declines After Sell Signals with STI

Schannep Timing Indicator SELL Signals and the  further S&P500 Loss to the final Bear Market Lows*: (Data since 12/31/1953)           Sell Date Level Low Date: level   further loss: months to low: 8/20/1956 48.25 10/22/1957 38.98   19.2%   14.1 11/12/1959 57.17 10/25/1960 52.30 * 8.5%   11.5 5/10/1962 63.57 6/26/1962 52.32 […]

THE NEWSLETTER

Why does Marketiming matter?  Is an old system still relevant?  Mark Hulbert from Marketwatch wrote an interesting article that market-timing is academically proven to increase investment results.  You can read it here. Combining the time-tested principles of Charles Dow’s Traditional Dow Theory with the 55-year+ years of research of Jack Schannep, The Schannep Timing Indicator & TheDowTheory.com […]

Deja Vu- II