Sunday Rock Blog: Zoot Suit Riot

Saturday Rock Blog: Beautiful Disaster or How Long Term Trends Change (IWM Weekly)

In summary, it looks like the Russell 2000 index entered a new bear market in July-August 2011. The massive "santa clause rally" we had last year now clearly appears as a retracement to the bull market highs. We now have new long term bearish signals and a perfect head n shoulders top to boot. We could see a cross of death (50 dma cross below 200 dma) in weeks. A rally above $78 would bring this thesis into question. The first target is $71, then $60. As a reminder, I think the Russel 2000 small cap index (ETF: IWM) is a leading indicator for the entire US stock market. Disclosure I am short TNA

Saturday Rock Blog: Somebody That I Used To Know