Monthly Archives: February 2009

Yesterday the S&P 500 closed February at 735 marginally below its previous cycle low of 741. Not good. The next few days will tell the tale of whether this is a momentary blip that will now trigger a wave of … Continue reading →

This PBS video clip is a very poignant worm hole into market history and the cycles of investor behaviour that keep repeating. This segment aired in 1997 less than 3 years before that cycle bubble finally popped. 12 years later, … Continue reading →

Ms. Park was a guest Wednesday, February 25 on BNN, The Street with Linda Sims at 8:35am EST. You can watch the clip here.

Critical re-test presently underway on the broad market indices. In our work 725-741 is the next critical area on the S&P. We closed just a hair above there today. Price action over the next few days will be key. Sentiment … Continue reading →

Ms. Park will be a guest on Money Talks with Michael Campbell Saturday on CORUS Radio out of Vancouver. You can listen live on the internet or afterwards at the audio archive by clicking on the link at 9am Pacific … Continue reading →

Lots of buzz this morning about yesterday's breach of the Dow Jones Index closing below its previous November 20 low. Futures are signalling, at least so far, further declines this morning. The S&P 500 is the more significant index in … Continue reading →

Been out of the country for the past week, so a little behind in some writing. No matter where we go on the planet of course, we are always tracking the market. Last week was colourful indeed. Bailout package scraped … Continue reading →

Markets rallied strongly yesterday over the news of more horrible job losses. This was a positive sign. Politicians everywhere are depressed, talking about “depressions”. I am reminded of the old adage from Fred Schewd Jr. that when the politicians are … Continue reading →

Economist Martin Wolfe was warning of the credit crash before it happened. He recently returned from the World Economic Conference in Davos. He talks with Charlie Rose on the state of the world economy, some of the rescue plans underway … Continue reading →

Ms. Park was a guest this morning, February 3 on BNN, The Street with Micheal Kane at 8:30am. You can watch the clip here. Recommend on Facebook Tweet about it Print for later Tell a friend

With January now behind us, we note that it was a particularly negative month, with the S&P down 8.6% and the TSX down 4%. We also note the so called “January effect’ which historically suggests that when the S&P 500 … Continue reading →