AmenRa's Corner

A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.



Creditcane™: You can't fix debt problems with more debt. My job is to show you what happens when that solution is chosen.



SPX
Doji day (struggling to close above the 11/9/10 midpoint). Midpoint above EMA(10). Above all SMA's. No daily 3LB changes (reversal is 1193.57). The monthly 3LB reversal has been placed on IR. QE2infinity.



DXY
Bullish long day. Midpoint above EMA(10). Above the 76.4% retrace at 77.60. Now above the weekly 3LB reversal. No daily 3LB changes (reversal is 78.18).



VIX
Bearish long day (failed to confirm inverted hammer). Midpoint below EMA(10). Back below all SMA's. Below weekly 3LB mid and monthly 3LB mid. Failing to close gap. No daily 3LB changes (reversal is 21.83). Getting too comfortable in the "no fear" zone.



GOLD
Spinning top day. Still above all SMA's. Midpoint above EMA(10). Failed new 0% retrace. Still looks to have its mojo. No daily 3LB changes (reversal is 1383.10).



EURUSD
Bearish long day. Midpoint below EMA(10). Failed its 61.8% retrace at 1.3899. Back below 1.3782 (.09 fib from high). Back below SMA(21). Daily 3LB reversal down (reversal is 1.4202). Also below weekly 3LB reversal price.



JNK
Spinning top day. Back below SMA(21). Midpoint below EMA(10). Tested and failed the Gann 4x1. Daily 3LB reversal down (reversal is 41.25).



DJ TRANS AVG
Bullish short day. Failing to get above 11/09/10 midpoint. Above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 4818.62).



CRB
Bearish long day. Closed the gap. Midpoint above EMA(10). Above all SMA's. Still failing the Gann 1x1. No daily 3LB changes (reversal is 312.30).



XLF
Doji day. Candle addition says even more bearish. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 14.23).



XRT
Spinning top day. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 44.03). Holiday estimates may be too high.



20 comments:

CV said...

Peeps...

TURD FERGUSON (handle at ZH)...

Who CV has always liked (idea wise) in the metals space... Has started a new blog...

http://tfmetalsreport.blogspot.com/

It's in its infancy... But I'm fairly confident it has high potential to become a part of our daily reading...

CV

CV said...

@karen

Before you junk that silver...

Look at TURD's comments...

http://tfmetalsreport.blogspot.com/2010/11/quick-note-on-silver.html

CV said...

@ahab

Dude... I'm looking at your FF squad...

AlRIGHT LOOK... It's not been the season of your dreams... but you can still play a SPOILER ROLE...

C'MON MAN SEIZE the identity and do some damage son! (just don't do it against anyone on this blog... like me, Andy, ben, 2s2b)...

This week you play THE THUGS... "The Thugs" are tough, but you can take them down...

Want some hints?

I see you made some moves... but there are some other things you can do too... :-)

Note to all readers... CV's GOLDMAN SACHS moment is now concluded... You may all now return to your losing trades :-)

anna said...

alright Karen-

here is a link of Kisten Dunst's ankles- nice calfs too-

http://www.massivecalves.com/images/Calf%20muscles%20in%20no%20time.jpg

she must be working out at muscle beach-

CV-

I could throw in Moss obviously- pull out Williams-

or throw in the McGahee-

all questionable moves

anna said...

anna = ahab

damn kids

Andy T said...

Random Question: Why do Mont Blanc pens cost so much money? WTF?

CV said...

@Andy (7:55)

Answer: Because thay ARE... Quite Frankly...

EXQUISITE (and worth the price)...

That said from what most people think is a "cheapskate" CV (who hoardes nickles for fucking crying out loud)...

CV said...

I've been out and about for a bit now...

Wine... karen... NOT BEER for the Ravens game tonight...

But if anyone missed it... Here was my game pick tonight... (from other thread)

---

Gotta go peeps... (for awhile)...

Tonights game...

ATLANTA OFFENSE: Every time the Falcons play at the Georgia Dome, you need to think about Matt Ryan's home-road dichotomy... As a host, he has 25 touchdowns, 12 interceptions, a 64.3 completion percentage and an 7.8 YPA, compared to 26, 18, 57.5 and 6.5 respectively on the road...

The Ravens are 14th against the pass... They limited Chad Henne to 231 yards on 34 attempts last week, but struggled to defend aerial attacks prior to their bye, most notably allowing 374 yards to Ryan Fitzpatrick in Week 7... Although they might not have properly gameplanned for Steve Johnson...

Baltimore has surprisingly struggled against the run recently... Ronnie Brown didn't have many opportunities last week because the Dolphins were behind, but was able to do some damage when given the rock... Michael Turner should pose enough of a threat in this game to open things for Ryan, or at least move the chains a couple of times...

BALTIMORE OFFENSE: Atlanta's struggles against the pass are well-documented... Josh Freeman threw for just 189 yards last week, but that was because he attempted only 22 passes... In its two games prior to the bye, Atlanta surrendered 738 yards through the air...

Joe Flacco was nearly flawless last week, going 20-of-27 for 266 yards and two touchdowns... He'll definitely pick up where he left off against the Falcons' 31st-ranked secondary...

Flacco, however, might not have a consistent running game by his side... The Falcons are very good against ground attacks... No opponent has rushed for more than four yards per carry against them since Week 2...

Baltimore's main concern will be converting in the red zone... The Ravens had seven trips into the red zone against the Dolphins, and managed just one touchdown (19 points overall)... The team was guilty of multiple sacks, penalties and botched field goals. If this continues, Baltimore will not win this contest...

Playing a road game on a Thursday night is really difficult (Ray Lewis was vocal this week about that)... The Ravens are traveling on short rest, and the Georgia Dome will be lively...

The Falcons are going to be tough to beat in this spot... They're dominant at home, and this is their chance to prove that they're legitimate Super Bowl contenders... It looks like Roddy White will play...

With the line, you're GIVING the Ravens 1 point... I think they can stay in this game and might give themselves a chance to win, but you're basically playing this game STRAIGHT UP...

I'd have to go with the "odds" then, and take the FALCONS for (0 units)...

I might take a teaser bet and add six points the other way (giving me the RAVENS & a touchdown)...

---

Add to that... NCAA... CV is taking CONNETICUT (& the points)...

Andy T said...

I need Flacco to "go off" tonight to get a head start on the Bo Jacksons (Ben).

CV: Hope you're right on the Mont Blanc. I just bot one for my bro-in-law for his 40th B-Day. He's got really luxe taste for most things. It's just not the way I tend to roll, but this guy has been good to me over the years. Oh well. It's only "fiat currency."

Starwalker Black Mystery

McFearless said...

"Why do Mont Blanc pens cost so much money?"

same with their watches.....I imagine it's because they've paid Johnny Depp and Nic Cage a lot of money to be in their ads.

McFearless said...

not as many gold questions tonight, only 3.

McFearless said...

my manager when I first started had a couple pens from them, they were really nice. I still rock a feather.

CV said...

Can't go wrong with the Mont Blanc...

I'm INVOLVED with my Ravens 2nite... So I'll be in & out...

Actually placed a "teaser" bet and took the FALCONS... I'm getting 9 there...

also on UCONN...

Enjoying a cabernet... Long day!

AmenRa said...

Whoa what's with the gold selloff in the AH? I see EURUSD testing the 1.35 handle. I'm still waiting for the Loonie to selloff since it doesn't like to be around parity.

gen. george SIVR patton said...

BERNANKE, YOU MAGNIFICENT BASTARD, I READ YOUR BOOK.

AmenRa said...

OMG!!! What a catch by White!

AmenRa said...

BAC committing fraud after fraud after fraud in a BK (from nakedcapitalism): http://tinyurl.com/33gydct

AmenRa said...

OT: Exactly how can a Life Alert make you feel younger?

mcHAPPY said...

1193 on the e-mini's overnight....

cv said...

new thread

@Amen (12:53)
Just a guess here... But I suppose if you're NOT FUCKING DEAD... you might "feel" a little younger... :-)

Post a Comment

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.