Let's start with the Nasdaq. Weekly chart.
Courtesy of stockcharts.com
Has clearly broken that trendline.
Next is the CRB
Courtesy of stockcharts.com
Still a strong uptrend.
Now look at the VIX
Courtesy of stockcharts.com
Little bounce this week, but still no real fear.
Next is gold.
Courtesy of stockcharts.com
Looks like it's pulled back to support. If it holds, buy.
Berkshire Hathaway, A shares, monthly chart
Courtesy of stockcharts.com
I only do this because using TA on Berkshire drives the true believers nuts. Looks like support about 84000. (Hey, at least it's a long term chart) Seriously, I laid out my criteria for buying Berkshire here.
Finally, Warren Buffett's favorite short, the USD
Courtesy of stockcharts.com
A little bounce to the downtrend line, but still a downtrend.
Have a great week everyone!
Sunday, March 20, 2005
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