AmenRa's Corner

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




Creditcane™: And you thought I was trouble when I didn't have my coffee...


SPX
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and held the 61.8% minor retrace (1122.84). No daily 3LB changes (reversal is 1254.05). QE2infinity. Still below the daily and weekly mids.



DXY
Bullish long day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (78.16). Still above all SMA's. New high on daily 3LB (reversal is 77.19). Above the monthly 3LB reversal price.



VIX
Spinning top day. Midpoint above EMA(10). Above all SMA's. Failing its 0.0% retrace (45.40). Tested and held its 38.2% minor retrace (40.86). No daily 3LB changes (reversal is 25.25). Extradited back to the "extreme fear" zone.



GOLD
Bearish long day. Midpoint below EMA(10). Failing its 61.8% minor retrace (1792.12). Tested and held SMA(55). New low on daily 3LB (reversal is 1891.90). Must have the precious.



EURUSD
Bearish short day. Midpoint below EMA(10). Still below all SMA's. Tested and failed its 61.8% minor retrace (1.3554). New low on daily 3LB (reversal is 1.3874).



JNK
Doji day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 61.8% minor retrace (37.41). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 0.0% retrace (18.96). New low on daily 3LB (reversal is 19.79).



WTI
Bearish long day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 0.0% retrace (80.32). No dally 3LB changes (reversal is 92.27).



SILVER
Bearish long day. Failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% retrace (37.99). Daily 3LB reversal down (reversal is 43.38).



BKX
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Failing its 0.0% retrace (36.25). New low on daily 3LB (reversal is 36.38).



HYG/LQD
Doji day. Failing all SMA's. Midpoint below EMA(10). No test of its 0.0% retrace (0.7427). Tested and failed its 38.2% minor retrace (0.7540). No daily 3LB changes (reversal is 0.7910).



USDJPY
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% retrace (76.561). New low on daily 3LB (reversal is 77.54).



COPPER
Bearish long day. Midpoint below EMA(10). Failing all SMA's. Made a new 0.0% retrace (3.412). New low on daily 3LB (reversal is 3.898).




IT HAS BEGUN. YOU HAVE BEEN WARNED.

10 comments:

cv said...

@Amen

I can't really distinguish the topography...

But on the surface, it appears that CREDITCANE is headed straight for the trailer park...

cv said...

Looks like I might have to drop Jerome Simpson to SIT on this week's 'Start/Sit' list...

http://www.carolinalive.com/sports/story.aspx?id=666123

ben22 said...

So I see due to a recent protest in Egypt that they have declared emergency law, it would be illegal, for example, to go to a coffee shop with 5 friends now.....

in other areas of the world certain countries walk out as Mr. Member's Only Jacket delivers an anti-US message to the UN and certain member countries remove themselves while he speaks

soon enough, the regular people there that became part of "arab spring" will want to get back to their everyday lives and so new and old leadership, the kind that takes advantage of a public dependent on government and military for basic survival, will begin to emerge.

and so it goes in that part of the world, where hands are against every man and every mans hands are against them

I'd be floored if war was avoided in the next several years....

ben22 said...

Anyone else interested in seeing Moneyball?

I might drop money in a theatre for that

but probably not....

ben22 said...

looks like Simpsons last week yardage total wasn't his only career high

Jerome Simpson gets me lifted!

if you don't know what I'm talking about:

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

cv said...

@ben

MONEYBALL... thus far...

Is the ONLY movie that CV would drop (in the theatre) to see that has thus far come out in 2011...

(more than) LOVE the story...

cv said...

@ben

What I 'MOST' like about the Jerome Simpson story is...

- CV's 'AUTOPICKS' (where all the GENIUSES around the league are 'recalcitrant' to trade with - based on past history)... is STARTING AJ Green vs. Andy T's HONEY BADGERS...

BADGE(r)S... We don't need no stinkin' BADGE(r)S

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

Oh... & by the way... CV's 'PICK' on 'DE RAIDERS' is up here...

http://fantasy-sports-nation.blogspot.com/2011/09/fantasy-sports-nation-2011-nfl-picks_21.html

cv said...

@ben

You have to read the CHIEFS-CHARGERS write-up before to can comprehend the full scope of that PICK...

Anonymous said...

Buyers of electric vehicles (EVs) may be very disappointed
Posted by Patrick Mannion on September 22, 2011


Behind the electric vehicle (EV) hype there are a number of sticky issues that have yet to be overcome: If they’re not, consumers may be mightily disappointed.
In response to our August feature, “Build an electric vehicle from the ground up,” which focused on John Santini’s personal EV project, one reader took some time to point to some inconvenient questions that still need answering, assuming lithium technology is not a factor:

1: Expected mileage (not the bloated advertised mileage) between charges
a: Night driving with headlights, parking lights being used.
b: Winter driving requiring heat for the occupants.
c: Summer driving requiring air conditioning for the occupants as well as the battery.
d: Accessories such as radio and windshield wipers, air moving motors.
e: Hills and grades for most parts of the country.

2: Charging time versus charging current
a: Compromise between the greater the charging current and life reduction.
b: Capacity reduction due to cell unbalances.

3: Finally the results of battery aging
a: Increasing charge/discharge cycles will reduce capacity.
b: Battery “calendar” life from manufacture to current time. This is rather unknown with other battery types.
c: Cell balancing to assure maximum energy storage.
d: Life reduction due to extremes of battery temperature.
Many of the above items were applicable to lead-acid batteries used in past electric vehicles (for a previous electric vehicle) the advertised life of “up to 75 miles” resulted in an actual range of less than 5 miles of driving distance.

In all probability current electric vehicles will have an actual expected range of 10% (or less) of the advertised life.

For the uninformed consumer who obtains an electric vehicle, he will be very disappointed in a few years, especially if he is not informed of the above limitations.

The current hybrid Toyota (using nickel metal hydride batteries) has/had a range of about four miles when not allowed to automatically switch to the gasoline engine.

Any comments?

He was actually looking for comments from me, but I’m doubting the viability of EVs myself, now that he’s pointed out these little issues.

So, what do you think? Have these challenges been addressed?
http://mobile.edn.com/blog/Design_Cycle/41341-Buyers_of_electric_vehicles_EVs_may_be_very_disappointed.php

AmenRa said...

What is the overnight rumor that has futures higher?

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