A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Why oh why has the SPX forsaken me?
Creditcane™: Dodged a knockout blow. Bring it on tomorrow.
SPXBullish long day. Midpoint below EMA(10). Tested and failed SMA(144). Failing trend line (3/6/09-7/1/10). Held the 76.4% retrace (1277.73). Tested and failed daily 3LB mid. Failing monthly 3LB mid. No daily 3LB changes (reversal is 1300.16). QE2infinity. "JBTFD. Any questions?"
DXYBullish long day (possible 2nd day of three white soldiers?). Midpoint below EMA(10). No test of 0.0% retrace (72.70). Below all SMA's. Held its 14.6% retrace (73.95). Failing its weekly 3LB mid. No daily 3LB changes (reversal is 74.64).
VIXBearish short day. Midpoint above EMA(10). Back below SMA(144) & SMA(89). Failed its 23.6% retrace (18.28). No daily 3LB changes (reversal is 15.52). Wants to escape the "no fear" zone.
GOLDSpinning top day. Midpoint above EMA(10). No test of 0.0% retrace (1577.40). Above all SMA's. Held its 14.6% retrace (1539.32). No daily 3LB changes (reversal is 1557.30). Holding above upper trend line. Must have the precious.
EURUSDBearish short day (confirmed bearish engulfing). Midpoint above EMA(10). Above all SMA's. Tested and failed its 85.4% retrace (1.4640). No daily 3LB changes (reversal is 1.4379).
JNKBullish harami star day. Midpoint below EMA(10). Tested and failed its SMA(233). No test of 0.0% retrace (40.93). Tested andheld its 76.4% retrace (39.90). Tested and held trend line (2/5/10-2/12/10). No daily 3LB changes (reversal is 40.31).
10YR YIELDBullish engulfing day. Still below all SMA's. Midpoint below EMA(10). Made a new 0.0% retrace (29.19). Still below the upper trend line. No daily 3LB changes (reversal is 30.61).
WTIBullish short day. Held SMA(144). Midpoint above EMA(10). No test of 0.0% retrace (114.83). Tested and failed its 50.0% retrace (102.07). No dally 3LB changes (reversal is 111.41).
SILVERBullish long day. Held SMA(89). Midpoint above EMA(10). Back above 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!"
BKXBullish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 76.4% retrace (47.07). No daily 3LB changes (reversal is 47.69).
HYG/LQDBullish harami day. No test of 0.0% retrace (0.8111). Below all SMA's. Midpoint below EMA(10). No daily 3LB changes (reversal is 0.8263).
WORLD WIDE PREMIERE JULY 1, 2011
13 comments:
QQQQ
Maybe there is a fix for the electric car batteries: http://web.mit.edu/newsoffice/2011/flow-batteries-0606.html
QQQQ,
the copper thing doesn't shock me in the least, no different than tulips really, but this time is different according to many, I remain skeptical that it is.
Ra,
Who is going to win tonight? Huge game here.
ben22
Dallas doesn't want to go back to Miami down 3-2 that's for sure.
@ben (from the other thread)...
Whatever... Sure... It's all just speculation... They sit in a room like a bunch of National Enquirer journalists and just make it all up as they go along (just to impress about 3 dozen rednecks)...
All I know is... This s*** just looks weird to me... And it it walks like a duck, quacks like a duck, then to me??? odds are it's a FUBAR duck...
But that's just ME (I'm just one voice & one opinion)... Which is why I comment on THIS blog (because there are OTHER blogs out there that either BAN you from existence if you don't participate in the groupthink... Or... They forensicly track down your IP number like a bunch of jack booted FEDS... Then BAN you from existence (for ALL TIME)...
---
The argument between you & myself (on such issues) is a WORTHY one (IMO)... I tend to sway to the "if it walks & quacks" side (not on 100% of the things I see - but if it's presented well, I'll give it it's due)...
OTOH - You tend to be skeptical...
As always... Time will tell...
For my part... I've just been confronted with so much corruption and crnoyism in the past 2 years, that I've had it with paper markets...
Eventually, they WILL die out (as all fiat systems do)... The only interesting bets, to me, is whether that will be sooner or later...
@ben
Oh, I forgot to link the part that looks starnge to me... (this is an ADD ON to the previous post thread link)...
http://www.zerohedge.com/article/story-berserk-nat-gas-algo-just-got-really-strange
@Amen
I don't want to barge in on the conversation that you an QQQQ are having on energy/fuel...
I've already spilled many words on these pages on that subject... So I'll just summarize here...
ENTROPY BITCHEZ!!!
The UNIVERSE & NATURE themselves, after (presumably) 4 billion years, haven't figured out a way to override the 1st, 2nd, & 3rd laws of thermodynamics...
I guess what we NEED then, are just a few more PhD's, or Nobel Laureates... As soon as we get those guys on the project... We'll be cruising...
You see...
CV's 'design' (for a fancy whizbang [innovative architecture called a semi-solid flow cell, in which solid particles are suspended in a carrier liquid and pumped through the system])
...involves somebody mounting up on a horse & riding into town to trade the goods that YOU produced with your sweat, brains, & hands with ANOTHER good that somebody else produced...
---
But then... OTHERS would prefer to jump into the minivan, haul the little brats off to soccer practice, drive all over town getting this & that, burn tons of gasoline doing so (necessitating imperialistic WARS FOR OIL that they:
- either pretend don't exist
- champion the HERO soldiers for
- blame on the Republicans
- ignore (when liberals are in office)
It's such a tiresome existence, that you need to go 5 miles out of your way to get a Starbucks in the middle of it all (because you need some caffeine to wash down your xanax)...
So by the end of the day... You just want to cozy up to some mindless entertainment like American Idle or DWTS...
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My take?
- Batteries for HORSES aren't needed
- Those whizbang batteries (that the MIT geeks are cooking up)??? Yeah - I suppose we NEED those if there's any way we're going to grow our ever IMPROVING LIFESTYLES...
Think about it for a sec... (really - take a sec)...
Think... Kinda 'Dr. Zhivago' or 'True Grit' for a moment...
Zhivago just jumped on his horse to ride into Yuriatin (not much filmage of the man/horse relationship there)... but it's implicit anyway...
Nobody effin cares about their car... 9 out of 10 don't give it any TLC (and the 1 out of 10 who DO are probably vain BMW owner wannabees)...
But you MUST have affection with your horse (something that UNDERLIES CV's deep affection with thoroughbred racing & even golf where nature & humans have to find a way to co-exist)...
Anyway... Love your animals... Love nature... & I think you're on your way to living a happier life...
But that's just ME...
Now- get back to the algos (cause that's obviously where the REAL story lies - because this planet could have NEVER made it 4 billion years without having been planned by those algos... right? RIGHT?)...
Remember too that this is all FREE INFORMATION...
Unfettered by 'ad spaces', 'corporate logos', requests for DONATIONS...
It's simply... FREE
So proceed to 'demonize' it, and criticize it's sophmoric nature at will... After all, it's AS CHEAP AS PRINTED DOLLARS...
Oh wait... THOSE are valuable, I'm told... I'm so confused... I'd better just watch basketball tonight...
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BTW - Doesnt't PRECHTER's 'Socioeconomic' agenda suggest that GOAL oriented sports (like basketball) should do POORLY during rough economic times...
Well then... What's the explanation for the 24/7 coverage on whether the Miami Heat are just a bunch of whiny bitchez, and even Sir Charles Barkley himself has taken to saying he'd root for the Washington Generals in a hypothetical matchup?
Just wondering... (I suppose it has something to do with BIAS)...
The Dallas Dirk Nowitzkis. Very powerful.
Miami will have another night of nightmares starring Terry.
CV, you OK?
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