How to Find Killer Value Stocks Amongst the Carnage

We were running Opium between seven Asian Ports and business was GOOD! Hong Kong was our home base, Shanghai, Nagasaki, Saigon, Manila, Singapore, and Batavia (Batavia is the old Dutch name for present-day Jakarta). But more on that later…  When in doubt LOOK don’t READ. Figure 1 – S&P500 weekly chart in down channel The weekly S&P500 chart is indicating the market is making lower highs and lower lows. Whether we believe it or not, the market trend has changed decisively from up to down until further notice. Certainly the courage of our convictions will be challenged by a spectacular…