Leash your dogs...

I'm leaving town on a last minute TDY for a week or so. To top it off, my kids were walking our dogs and one of my dogs was attacked by 1 of 2 loose pit bulls. Unfortunately the police had to kill the pit bull on site, and I ended up spending my evening at the Vet with a very lucky-to-be-alive dog.

So I'll keep it short...

The S&P 500 is still trading within the channel I'm watching. I did keep 5% each in CSI for such an occasion so I don't feel too bad about pulling back into the F-Fund last week.



On the Dow Jones Transportation Average we have a Bearish 20/50 MA crossover, but we shouldn't ignore the Bullish reversal candlestick pattern the <link rel="File-List" href="file:///C:%5CDOCUME%7E1%5CAdmun%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <wunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <wontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><style> <!-- /* Font Definitions */ @font-face {font-family:"Palatino Linotype"; panose-1:2 4 5 2 5 5 5 3 3 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-536870009 1073741843 0 0 415 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif]--> <s>Three White Soldiers. </s>
(Edit: it's not really a Three White Soldiers, but it certainly looks Bullish)




On the 60 minute P&F Chart we have a Low Pole Reversal.



I'm sitting on the (De)fence for now and not dedicated to any of my charts being right. I will say that I've been reading Tom's commentary and have enjoyed the Head & Shoulder's analysis. If you haven't been keeping up, you may want to read his Sunday edition, it's a great way to take a step back and get a wider perspective on the market.

Cheers

 

[tsptalk]

Hope your dog is OK.

 

[Diesel]

I hope your dog is doing well and recouperating quickly. Thanks for the analysis.

 

[Bullitt]

That's terrible news about your dog JTH. I hope he/she pulls through.

 

[KevinD]

We need a dog update. Hows the pup?

 

[JTH]

We need a dog update. Hows the pup?

My dog is doing good, although I'm still a bit upset over the whole matter. The biggest problem I have now is that the wify won't let the kids out to walk the dogs anymore...