AmenRa's Corner

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






Creditcane™: C'mon bulls. That tickles. Is that the best you can do?



SPX
Spinning top day (possible morning star forming). Midpoint below EMA(10). Failing SMA(21), SMA(55) & SMA(89). Failing trend line (3/6/09-7/1/10). Tested and held the 50.0% retrace (1309.01). Failing weekly 3LB mid. Held monthly 3LB mid. No daily 3LB (reversal is 1345.20). QE2infinity. "JBTFD. Any questions?"



DXY
Bearish long day (also is bearish engulfing but we're in a downtrend). Midpoint below EMA(10). No test of 0.0% retrace (72.70). Below all SMA's. Failed its 23.6% retrace (74.73). Failed weekly 3LB mid. New low on daily 3LB (reversal is 76.10).



VIX
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Failed its 23.6% retrace (18.28). No daily 3LB changes (reversal is 15.45). Wants to escape the "no fear" zone.



GOLD
Bearish short day. Midpoint above EMA(10). No test of 0.0% retrace (1577.40). Above all SMA's. Tested and failed its 14.6% retrace (1539.32). No daily 3LB changes (reversal is 1556.40). Holding above upper trend line. Must have the precious.



EURUSD
Bullish long day (also bullish engulfing but we're in an uptrend). Midpoint above EMA(10). Above all SMA's. Held its 76.4% retrace (1.4346). New high on daily 3LB (reversal is 1.4054).



JNK
Bearish short day (possible bullish harami). Midpoint below EMA(10). Tested and failed its SMA(144). No test of 0.0% retrace (40.93). Failing its 38.2% retrace (40.41). No daily 3LB changes (reversal is 40.88).



10YR YIELD
Bullish engulfing day. Still below all SMA's. Midpoint below EMA(10). No test of 0.0% retrace (29.52). Still below the upper trend line. No daily 3LB changes (reversal is 31.21).



WTI
Bullish thrusting day. Back above SMA(21). Midpoint below EMA(10). No test of 0.0% retrace (114.83). Held its 61.8% retrace (98.93). No dally 3LB changes (reversal is 111.41).



SILVER
Spinning top day. Held SMA(21). Midpoint below EMA(10). Still below the upper trend line. Failing its 50.0% retrace (38.05). No daily 3LB changes (reversal is 36.12). ""You want delivery! You can't handle the delivery!"



BKX
Doji day (didn't confirm evening star pattern). Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% retrace (48.75). No daily 3LB changes (reversal is 50.10).



TLT
Bearish long day. Midpoint below EMA(10). Back below SMA(233). No test of 0.0% retrace (97.72). Trading above its upper trend line. Tested and failed its 23.6% retrace (95.81). No daily 3LB changes (reversal is 95.61).




WORLD WIDE PREMIERE JULY 1, 2011

18 comments:

AmenRa said...

S&P TMI (otal market index) currently has a weekly reversal. It's a summation of S&P 500 & S&P Completion Index.

cv said...

@72bat (other thread)

http://traders-anonymous.blogspot.com/2011/06/morning-corner-6211.html?showComment=1307041489929#c854598790387724973

---

Dude - that's SCARY ORWELLIAN (something only Thor, dss, & Manny would embrace & think the concepts were something they'd dedicate their lives towards achieving)...

All you bitchez need to read 1984...

I kno... I know... 'most' of us have read it already... But have you RE-READ it again in the past 4 years???

It's about time you do...

cv said...

@AAIP

If it happens that you have a chance to attend a local livestock auction in the near future...

Please don't hesitate to comment on your findings...

I'd be interested...

cv said...

@qqqq (from other thread)

Dude... Stop wasting your time with 'DIHYDROGEN MONOXIDE' based converter boosters for your intake manifold...

I heard the Obama Administration has a 'top secret' plan to finally get Amerika fossil fuels (if his MENA 'oil' LIBERATION plan doesn't work)...

Here it is... (It's TOP SECRET mind you... So unless you're under a Farraday cage as you log on, expect to hear black helicopters buzzing over your house shortly)...

http://www.youtube.com/watch?v=i-hXcRtbj1Y

cv said...

Oh... & from my comment in 'Amen Ra's Corner' from last night & (9:51)...

"@myself

oops... I left early, but it looks like my volley at Ritholtz (cash vs. gold), by the close ended up backfiring...

Ritholtz 1
CV 0

...for now


---

Jack be nimble Jack be quick...

TODAY?

CV 1
Ritholtz 1

Bucky?

---

Bonus JACK BE NIMBLE...JACK BE QUICK...

http://www.youtube.com/watch?v=uAsV5-Hv-7U

cv said...

Follow along LYRICS bonus...

A long, long time ago...
I can still remember
How that music used to make me smile.
And I knew if I had my chance
That I could make those people dance
And, maybe, they’d be happy for a while.

But february made me shiver
With every paper I’d deliver.
Bad news on the doorstep;
I couldn’t take one more step.

I can’t remember if I cried
When I read about his widowed bride,
But something touched me deep inside
The day the music died.

REFRAIN
So bye-bye, miss american pie.
Drove my chevy to the levee,
But the levee was dry.
And them good old boys were drinkin’ whiskey and rye
Singin’, "this’ll be the day that I die.
"this’ll be the day that I die."

Did you write the book of love,
And do you have faith in God above,
If the Bible tells you so?
Do you believe in rock ’n roll,
Can music save your mortal soul,
And can you teach me how to dance real slow?

Well, I know that you’re in love with him
`cause I saw you dancin’ in the gym.
You both kicked off your shoes.
Man, I dig those rhythm and blues.

I was a lonely teenage broncin’ buck
With a pink carnation and a pickup truck,
But I knew I was out of luck
The day the music died.

I started singin’...

REFRAIN

Now for ten years we’ve been on our own
And moss grows fat on a rollin’ stone,
But that’s not how it used to be.
When the jester sang for the king and queen,
In a coat he borrowed from james dean
And a voice that came from you and me,

Oh, and while the king was looking down,
The jester stole his thorny crown.
The courtroom was adjourned;
No verdict was returned.
And while lennon read a book of marx,
The quartet practiced in the park,
And we sang dirges in the dark
The day the music died.

We were singing...

REFRAIN

Helter skelter in a summer swelter.
The birds flew off with a fallout shelter,
Eight miles high and falling fast.
It landed foul on the grass.
The players tried for a forward pass,
With the jester on the sidelines in a cast.

Now the half-time air was sweet perfume
While the sergeants played a marching tune.
We all got up to dance,
Oh, but we never got the chance!
`cause the players tried to take the field;
The marching band refused to yield.
Do you recall what was revealed
The day the music died?

We started singing...

REFRAIN

Oh, and there we were all in one place,
A generation lost in space
With no time left to start again.
So come on: jack be nimble, jack be quick!
Jack flash sat on a candlestick
Cause fire is the devil’s only friend.


Oh, and as I watched him on the stage
My hands were clenched in fists of rage.
No angel born in hell
Could break that satan’s spell.
And as the flames climbed high into the night
To light the sacrificial rite,
I saw satan laughing with delight
The day the music died

He was singing...

REFRAIN

I met a girl who sang the blues
And I asked her for some happy news,
But she just smiled and turned away.
I went down to the sacred store
Where I’d heard the music years before,
But the man there said the music wouldn’t play.

And in the streets: the children screamed,
The lovers cried, and the poets dreamed.
But not a word was spoken;
The church bells all were broken.
And the three men I admire most:
The father, son, and the holy ghost,
They caught the last train for the coast
The day the music died.

And they were singing...

REFRAIN

AmenRa said...

Sooner or later government employees/retirees are going to get pissed: http://www.zerohedge.com/article/treasury-continues-dip-retirement-accounts-prepares-take-out-66-billion-chunk-make-space-new

cv said...

@Amen

What's 'laughable" & 'ironic' about that is that it's the OWEbama administration (& his numbnuts fellow flunkie 'Tiny Tim' that have put themselves in a "Paul Krugman/Barry Ritholtz" supported predicament where they CAN'T PAY THE BILLS (so they have to 'catabolize their own muscle tissue' - an EXPRESSION that CV knows very well in his own line of work - but to 'EXPERTS' like Thor [who in reality), only do IP work for companies who sell PX90 DVS on the internet to 98 pound weaklings who are tired of getting sand kicked in their face], just toss out there to seem 'COOL' on the internet)...

Well...

With that track record... I suppose one must get cracking to support the political bent/rhetoric as well...

TURBO TIMMEH (as a facilitator) bitchez! The 'poster boy' for SAND GETTING KICKED IN THE FACE wannabees...

It would seem that the "A" list of West Hollywood bathhouses needs & covets that type of clientele...

He should be effin' PRESIDENT!

ben22 said...

I really hate snakes, seriously

check this out:

http://finance.yahoo.com/loans/article/112850/idaho-foreclosure-snake-home

cv said...

@ben 22

The ultimate SNAKE anthology

http://www.youtube.com/watch?v=3bGv6Ijf1aU

http://www.youtube.com/watch?v=dL3ZIc5IL2w

& maybe CV's favorite... (off track)
http://www.youtube.com/watch?v=P-AYAv0IoWI

cv said...

@ben22

OH wait... WTF was I thinking? (a dude I even 'trained') - BEFORE Px90 and the poodle crowd showed the world how it needed to be done...

http://www.youtube.com/watch?v=Ed6Yr81jZ6g

or... the original...

http://www.youtube.com/watch?v=zTxBc_-XxmI

cv said...

In any case...

If none of that above you can relate to...

Here's something both YOU & I can relate to...

http://www.youtube.com/watch?v=6uIdMEn9Jfg

cv said...

...still thinking it ought to have been a LYNRD SKYNRD song in the background tho...

ben22 said...

GnR

The Axl snake.......nice, those guys were great

one of my college roommates used to carry a whistle around in hopes of bumping into Axl to let him know he'd go on tour with GnR to play the whistle on Paradise City in case they ever got back together.

AmenRa said...

This game is INTENSE!

ben22 said...

thats for sure Ra

crazy!

ben22 said...

wow, that was fun

lets hope this goes 7

AmenRa said...

Yeah. Let's Miami know that they don't have the crown yet.

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