A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TA1i3jD0fbI/AAAAAAAACXU/7um2KdZN-CU/s320/eye+of+hurricane.gif)
Creditcane™: New Years resolution: increase my wrath so the truth may be known.
![](http://3.bp.blogspot.com/_XaPHRge5GtE/TR0DGkR5xiI/AAAAAAAAG14/4sugCl9E5io/s200/SPX_123010.png)
Spinning top day. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 1247.08). QE2infinity.
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TR0Cy0ifYrI/AAAAAAAAG1w/0ILNonM0o-g/s200/DXY_123010.png)
Bearish short day (could it be a morning star?). Midpoint below EMA(10). No test of the 38.2% retrace (80.63). Still below SMA(21). No daily 3LB changes (reversal is 81.19).
![](http://3.bp.blogspot.com/_XaPHRge5GtE/TR0CyYWCVUI/AAAAAAAAG1o/BZ7uVyvErTQ/s200/VIX_123010.png)
Spinning top day. Midpoint above EMA(10). Still below all SMA's (tried to get above SMA(21) but failed). No daily 3LB changes (reversal is 17.74). May look to escape the "no fear" zone. Monthly 3LB reversal?
![](http://4.bp.blogspot.com/_XaPHRge5GtE/TR0CyNIsQOI/AAAAAAAAG1g/lkId9dxG8AA/s200/GOLD_123010.png)
Spinning top day. Still above SMA(21). Midpoint above EMA(10). 0.0% retrace holding. Still above 14.6% retrace (1392.69). No daily 3LB changes (reversal is 1338.80). Must have the precious.
![](http://4.bp.blogspot.com/_XaPHRge5GtE/TR0Cx4khJTI/AAAAAAAAG1Y/BGFpfq8BWjI/s200/EURUSD_123010.png)
Bullish short day. Midpoint above EMA(10). Back above its 38.2% retrace at 1.3121. Back above SMA(21) and SMA(144). No daily 3LB changes (reversal is 1.3001). Now above weekly 3LB reversal price.
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TR0CxmoQWJI/AAAAAAAAG1Q/cg73W82QVGw/s200/JNK_123010.png)
Bullish short day (but still closed lower). Midpoint below EMA(10). Failing the Gann 4x1. Below all SMA's except 144 & 233. New low on daily 3LB (reversal is 40.47).
![](http://1.bp.blogspot.com/_XaPHRge5GtE/TR0ChtrPiDI/AAAAAAAAG1I/tDqXXRXJfIo/s200/10YR_123010.png)
Bearish short day (another failed bearish engulfing). The 0.0% fibo retrace at 35.66 has held. Above all SMA's. Back below its 14.6% retrace (33.86). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TR0ChXBRWFI/AAAAAAAAG1A/Dj7HKpHRy0o/s200/CRB_123010.png)
Bearish long day. Midpoint above EMA(10). Above all SMA's. No test of 0.0% retrace. No daily 3LB changes (reversal is 326.80). Below trendline of current move.
![](http://1.bp.blogspot.com/_XaPHRge5GtE/TR0ChCiRrSI/AAAAAAAAG04/FMTeb0b6EYY/s200/IQI_123010.png)
Bullish short day (confirmed bullish engulfing). Midpoint below EMA(10). Below all SMA's. Still below its 14.6% retrace (11.74). No daily 3LB changes (reversal is 11.50).
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TR0Cg7Erg_I/AAAAAAAAG0w/333U2s6jeRo/s200/XLF_123010.png)
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Still above its 14.6% retrace (15.81). No daily 3LB changes (reversal is 15.81). Will we have a monthly 3LB reversal?
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TR0Cgsq4UdI/AAAAAAAAG0o/Gz6a7YmFq78/s200/SUGAR_123010.png)
Bearish LONG day. Wiped out two weeks of gains. Back below SMA(21). Midpoint below EMA(10). Daily 3LB reversal down (reversal is 34.39).
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TG3WyNDKDcI/AAAAAAAAD7s/oGqN2NTLwHY/s320/infinity_symbol.jpg)
15 comments:
Marc Faber's Bond Report
We have a guest reporter on bonds today. Hit it, Marc:
"US Trezharhee bondz are a soo-ee-cidell infestment. Ze dollahr vill bekum vurthlezz. The Feddderralll Reserf vill bankrupt ze countree..."
Thanks Marc, so, you're bearish Treasuries then?
"Zey are sertifikitz of konfiskayshun. You vill be doomed."
Looks like we are arriving at another Death of Treasuries™ moment fairly soon. Get ready to buy....
http://www.bloomberg.com/news/2010-12-30/faber-says-long-term-u-s-treasuries-are-suicidal-investment.html
Mama don't take my Kodachrome away,,,
http://www.youtube.com/watch?v=pLsDxvAErTU
Thursday night music....
http://www.youtube.com/watch?v=gVAnlke_xUY&feature=related
Something sweet and simple, for those who missed him:
http://www.youtube.com/watch?v=Y2jxjv0HkwM&feature=related
and one more...
http://www.youtube.com/watch?v=o1tWbJtBpyE&feature=related
Last one...
http://www.youtube.com/watch?v=so20ilu5Fxw
that TNX Yield chart looks like it's fixin fixin' to "Clavadista", yes?
AAIP
Comment of the day: (ht/ZH)
"Jim Sinclair of JS MineSet, has suggested that the bankrupt A & P will be merged into Stop & Shop, and the new company will now be the 'Stop & P.'"
AAIP
If its get below the weekly 3LB mid then I'd expect a "clavadista" might ensue.
AR,
have you seen any 'Clavadista'-action commence, above the 3LB mid ?
also, only one "fixin'", above, was needed~
AAIP
AAIP
A daily 3LB reversal that continues on to close below the weekly mid could possibly be considered the start of "clavadista".
AR,
claro~ Gracias!
AAIP
http://www.projectcensored.org/top-stories/articles/truth-emergency-inside-the-military-industrial-media-empire/
http://finance.fortune.cnn.com/2010/12/31/a-new-year-brings-new-economic-headwinds/
A New Year brings new economic headwinds
December 31, 2010 5:00 am
Most analysts are looking forward to a strengthening economic recovery in 2011, but slowing growth and rising inflation around the globe suggest the opposite will prove true.
...Not long, and worth an eyeball...
http://www.bloomberg.com/news/2010-12-31/estonia-joins-euro-club-as-currency-expands-east-into-former-soviet-union.html
Estonia Joins Euro as Currency Expands Into Former Soviet Union
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