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When in doubt…

The current positions of the dollar and the stock market seem to be extremely critical. There are many voices of doom declaring a recession or depression, while others point to an economic acceleration led by highway and defense spending. Geo-political analysts point to a world war and their counterparts are calling for a reconciliation between Russia and the U.S. The technical picture of both are either on the verge of a strong upward breakout or a top depicting a steep decline. Rather than try to figure out the world at large, and when in doubt, I’ll just follow the technicals.

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Harlan J. Cadinha
Founder, Chairman and Chief Strategist
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