A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: On a light economic news day I appear. I'm unpredictable by nature.
SPXBearish long day. Midpoint below EMA(10). Still below SMA(21). Failed trend line (3/6/09-7/1/10) aka nice weekend treat. Tested and failed the 23.6% retrace (1341.90). No daily 3LB changes (reversal is 1360.48). QE2infinity. "JBTFD. Any questions?"
DXYBullish engulfing day. Midpoint above EMA(10). No test of 0.0% retrace (72.70). Held SMA(55). Still below its 38.2% retrace (75.99). No daily 3LB changes (reversal is 74.19).
VIXBullish long day (confirmed inverted hammer). Midpoint below EMA(10). Held SMA(21). Held its 14.6% retrace (16.75). No daily 3LB changes (reversal is 18.40). Trying to escape the "no fear" zone.
GOLDBullish long day. Midpoint above EMA(10). No test of 0.0% retrace (1577.40). Held SMA(21). No daily 3LB changes (reversal is 1556.40). Holding above upper trend line. Must have the precious.
EURUSDBearish engulfing day. Midpoint below EMA(10). Back below SMA(55). Still below its 76.4% retrace (1.4346). No daily 3LB changes (reversal is 1.4508).
JNKSpinning top day. Midpoint above EMA(10). Still above all SMA's. No test of 0.0% retrace (40.93). Held its 14.6% retrace (40.73). No daily 3LB changes (reversal is 40.49).
10YR YIELDBearish short day (confirmed shooting star). Still below all SMA's. Midpoint below EMA(10). No test of 0.0% retrace (30.98). Still below the upper trend line. No daily 3LB changes (reversal is 32.30).
WTIHammer day (also possible bullish harami). Held SMA(144). Midpoint below EMA(10). No test of 0.0% retrace (114.83). Held its 61.8% retrace (98.41). No dally 3LB changes (reversal is 111.41).
SILVERSpinning top day. Failed SMA(89). Midpoint below EMA(10). Failed the upper trend line. Failed its 61.8% retrace (35.28). No daily 3LB changes (reversal is 35.29). ""You want delivery! You can't handle the delivery!"
BKXBearish long day. Midpoint below EMA(10). Below all SMA's. Tested and failed its 50.0% retrace (50.11). No daily 3LB changes (reversal is 51.81).
WORLD WIDE PREMIERE JULY 1, 2011
7 comments:
Love the dancing bears AR.
Thats sad news about Macho Man
I saw him live when I was a little kid at the Erie Civic Center, it was awesome. HIm and lovely Elizabeth. He was one of the coolest wrestlers for sure.
RIP.
From BR's "Read List"
Capitalists Who Fear Free Markets
http://www.nytimes.com/2011/05/20/business/20norris.html?_r=2&ref=business&pagewanted=all
This really is becoming a troubling "trend"...bondholders who can never take a "haircut" or get wiped out. It's almost like there's this weird idea that investing in "big companies" should be safe...and that it's impossible to ever lose money holding this debt.
Dangerous slope indeed.
@ben22:
All the guys in our office range between 36 and 40 years old....it WAS actually a melancholy day for us...we ALL grew up on that stuff.
At the time it was pretty fun entertainment.
Randy Savage, behind Hulk Hogan, was probably the most famous/memorable of that era.
AT,
I was way into wrestling, I even got back into it early in college when Stone Cold Steve Austin was champ, we all loved that guy too, thought it was hilarious. I think the most epic match I can ever remember outside of any Ultimate Warrior match was The Undertaker against Mick Foley in the cage match, he literally destroyed that guy in that match.
The old school guys were all so much fun
Rowdy Roddy Piper and Pipers Pit, Jake the Snake Roberts, Ko-Ko Beware, Iron Sheik, Brutus the Barber Beefcake, the mouth of the South Jimmy Hart
so many to name.
I haven't seen a match since about 2000.
>> Dangerous slope indeed.
The phrase "central capitalist party" is growing on me...
Wonder when the 8th Grade Dance become such a "big deal."
My daughter and a few of her 'buds' all had to get mani-pedicures done....they're doing their hair and getting ready at my house right now. We have to take all these kids out to a nice dinner before hand.
What the hell man?
It's almost like the "Proms" of my day. Ridiculous....
Alas, I have no input on this matter.
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