Day: May 3, 2006

Cubes Update

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Just a quick update on the Cubes (NASDAQ: QQQQ), which is showing a potential reversal formation, as marked on the chart: Point 1 shows a correction from the April highs, Point 2 shows a failed rally attempt / test of those highs, and Point 3 shows…

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CROX Intraday Update

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Crocs, Inc. (NASDAQ: CROX): Here’s a 1-hour chart with 1-minute candles taken about 15 minutes ago (at 2:15 PM NYC time). I post it to show the recurring and amplifying pattern of extremely tight and quiet areas, highlighted by the purple boxes, followed by volume increases and intraday rallies, highlighted in green, followed by consolidations on declining volume. Also worth pointing out is…

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Crocs – Closing Chart

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Crocs, Inc. (NASDAQ: CROX): Just a quick note on today’s (Tuesday’s) chart, which appears to show CROX forming a few-day-long handle on declining volume, which is just what you want to see after a stock forms the right side of its base and nears its former highs. Also positive was…

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Article: Bush of a Thousand Days

Excellent article from the April 30 NYT:

Bush of a Thousand Days
By FRANK RICH

LIKE the hand that suddenly pops out of the grave at the end of “Carrie,” the past keeps coming back to haunt the Bush White House. Last week was no exception. No sooner did the Great Decider introduce the Fox News showman anointed to repackage the same old bad decisions than the spotlight shifted back to Patrick Fitzgerald’s grand jury room, where Karl Rove testified for a fifth time. Nightfall brought the release of an NBC News-Wall Street Journal poll with its record-low numbers for a lame-duck president with a thousand days to go and no way out.

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