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Terry Laundry's weekend updates - here's quoting what his main page shows from the weekend:
Welcome to Terry Laundry's T Theory™ Observations published each Sunday afternoon. At this site we look at interesting topics that relate to the "bigger picture" investment world as interpreted by my T Theory™ principles. For a more detailed view you should visit my daily short term updates at T Theory Foundation: T Theory Calculations, Daily Updates, Charts and Data. If you are new to T Theory then you might want to read or listen to my T Theory Tutorials at T Theory Foundation. These sites are for the purpose of demonstrating how T Theory can explain market trends since 1966 in a unique way that I believe is superior to the alternatives. If you have questions see the email link below.Technical Market Report for May 29, 2010 Mike Burk Safehaven.com, at http://www.safehaven.com/article/16967/technical-market-report-for-may-29-2010.
T Theory FoundationThis site is sponsored by my investment company ASIC which has applied T Theory™ to managed accounts since 1978. First time visitors should go to American Shareholders OnLine and read my personal background, our management results using T Theory, and pay particular attention to our proprietary " Best Bond Strategy™ " which we believe is the best path for those of us who are conservative investors. Otherwise we make no recommendations as we are generally negative on the long term trend for equities but have a bullish forecast for gold as a haven.
T Theory Observations for Sunday May 30 2010
Audio Summary (no chart) Audio Commentary Download TTO20100530-Summary
Below open up Audio and start then open up PDF Chart separately to view
The Advance-Decline T #13 Update
Chart Download A-DT#13-20100528pdf
Audio CommentaryDownload TTO20100530-AD-T#13
The Short Range T Update
Chart Download 20100528-SRTvopdf
Audio Download TTO20100530-SRT
End of this Sunday's T Theory Observations
Each Sunday, unless otherwise noted, I post my observations here by Sunday afternoon. When I post the Charts on Saturday don't email me questions until the full Sunday presentation is finalized. My mp3 audio files provide the bulk of the commentary. If you have a problem listening to them, or they cut out, experience shows that your computer's audio memory has become saturated. A restart of your computer should clear up the problem.
Dow Theory Update Tim Wood Safehaven.com (5/29), at http://www.safehaven.com/article/16969/dow-theory-update.
Schaeffer's Monday Morning Outlook: Despite Worst May in Decades, DJIA Held Above 10,000 - here's a quote of their introductory paragraph:
Well, there's not much good to say about May, is there? We saw a flash crash, followed by a 400-point relief rally, followed by a slow motion freefall, followed by a nearly 300-point rally. The triple-digit drop on Friday was just an exclamation point to end the week and month. The Dow Jones Industrial Average held above 10,000, but the Dow retreated more than 1,000 points below its highs at the beginning of the month. Looking ahead, Senior Technical Strategist Ryan Detrick is filling for Todd Salamone this week. The always irrepressible Ryan acknowledges the grim technical picture, but he also sees evidence of a coming bounce. Among other evidence, Ryan notes that the indexes generally held at their February lows, potentially creating a "nice-looking double bottom." Next, Senior Quantitative Analyst Rocky White takes an historical look at bull market pullbacks to see how the market has performed following these periods. Specifically, Rocky is looking at bounces off the S&P 500 Index's 200-day moving average. Bulls should find his conclusions heartening. Finally, we wrap up with a look at some key economic and earnings reports slated for release this week.
A Technical Tip You Can Use ... Marty Chenard Safehaven.com (5/28), at http://www.safehaven.com/article/16958/a-technical-tip-you-can-use-.
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