As long as anyone is interested, I'll continue to post a weekend thread on featured NCAA & NFL games... For the full slate of 'picks' & game write-ups, I'm going to insert a link to the blogspace where it's easier to navigate thru (for you sports nuts)... You'll find that the COMMENT section on that blog is disactivated at the moment (as I prefer it to be used more as a static resource webpage, rather than an interactive journal)...

WEEK 1 - FEATURE GAME

#3 Oregon Ducks (-2.5) vs. #4 LSU Tigers (8:00 PM) 
(@Cowboys Stadium - Dallas)
This is the first time since 1999 that 'single digit ranked ranked' opponents have squared off in WEEK 1 - NCAA...

I'm still pissed off that I took Oregon in the BCS title game last year (for 5 units) & lost... I'm NOT holding that strike against Oregon... It's just that... The game was WEIRD (& I'm still trying to figure out how Oregon lost)...

More than anything, I'm pissed that it gane the SEC another whole offseason to act as 'elitists'...

Speaking of 'weird'... Les Miles (LSU) has said that this training camp has been the 'weirdest' he's ever experienced as a head coach... Les Miles is not a guy to play silly mind games, so if he said it, who am I to disagree?... I guess having half your team arrested in a silly bar fight counts as weird...

In any case... How can Oregon hope to do anything this year if it can't manage itself in this game? In the SEC, you always have a fallback... You can LOSE to a top ranked opponent, then wiggle through the SEC & climb back up the rankings (because, well, of that MURDER of a gauntlet in the SEC you have to go thru by beating Kentucky, Vanderbilt, & Ole Miss)...

cv likes OREGON for (2 units)...

AmenRa's Corner

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




Creditcane™: I'll be in the EU while the US enjoys Labor Day.


SPX
Bearish long day. Midpoint below EMA(10). Barely held above SMA(21). Tested and failed the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Below daily & weekly mids. Currently confirming monthly 3LB reversal down.



DXY
Bullish short day. Midpoint above EMA(10). Holding above its 0.0% retrace (73.51). Tested and held the 50.0% minor retrace (74.67). Back above SMA(55) and SMA(89). No daily 3LB changes (reversal is 75.75).



VIX
Spinning top day. Midpoint below EMA(10). Still below SMA(21). Failing its 0.0% retrace (45.40). Tested and held its 38.2% minor retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone.



GOLD
Bullish long day. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (1828.28). Still above all SMA's. No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURCHF
Spinning top day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1.1078). Tested and failed SMA(21). New low on daily 3LB (reversal is 1.1682). Ruh roh SNB.



JNK
Bullish short day (closed gap and closed lower). Midpoint above EMA(10). Still above SMA(21). Failing its 50.0% retrace (38.60). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Made a new its 0.0% retrace (19.96). Daily 3LB reversal down (reversal is 22.71).



WTI
Bearish long day. Still above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (80.32). Tested and held its 50.0% minor retrace (86.00). No dally 3LB changes (reversal is 92.08).



SILVER
Bullish long day. Holding above all SMA's. Midpoint above EMA(10). Held above its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 38.2% minor retrace (38.82). Daily 3LB reversal down (reversal is 39.95).



HYG/LQD
Bullish short day. Holding above SMA(21). Midpoint below EMA(10). No test of its 0.0% retrace (0.7427). Tested and held its 61.8% retrace (0.7682). No daily 3LB changes (reversal is 0.7910).



USDJPY
Doji day (really doesn't fit any description). Midpoint below EMA(10). Failing SMA(21). Held above its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).



COPPER
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Failing its 38.2% retrace (4.164). No daily 3LB changes (reversal is 4.256).




IT HAS BEGUN. BE WARNED.

Morning Corner 9.2.11

3mth vs Overnight Libor (daily info)
-no change (above mid)
trend=up
high= 0.187
rev= 0.170; mid= 0.179


This spread is really starting to blow out. It's back to levels not seen since August 2010. I guess all is not well after all.



Comparative Currency Performance






The fiat currencies are not in the same league as gold. It's up 162.34% since January 2007. The closest currency is the Swiss Franc which is up 53.71%. The laggard is…DXY which is down 11.94%.

AmenRa's Corner

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




Creditcane™: My mojo is back. Let's do this.


SPX
Bearish long day. Midpoint above EMA(10). Still above SMA(21). Tested and failed the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Above daily & weekly mids. Currently confirming monthly 3LB reversal down.



DXY
Bullish long day. Midpoint above EMA(10). Holding above its 0.0% retrace (73.51). Tested and held the 38.2% minor retrace (74.40). Back above SMA(21) and weekly 3LB mid. No daily 3LB changes (reversal is 75.75).



VIX
Spinning top day (need to look up 3 stars in the south). Midpoint below EMA(10). Still below SMA(21). Failing its 0.0% retrace (45.40). Failing its 38.2% minor retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone.



GOLD
Doji day. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (1828.28). Still above all SMA's. No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURCHF
Bearish long day. Midpoint below EMA(10). Tested and failed its 38.2% retrace (1.1717). Tested and failed SMA(55). Daily 3LB reversal down (reversal is 1.1682). Ruh roh SNB.



JNK
Bearish short day (didn't close gap). Midpoint above EMA(10). Still above SMA(21). Failing its 50.0% retrace (38.60). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (20.92). No daily 3LB changes (reversal is 20.71).



WTI
Doji day again. Still above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (80.32). Tested and held its 61.8% minor retrace (88.47). No dally 3LB changes (reversal is 92.08).



SILVER
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). Held above its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Bearish long day. Midpoint above EMA(10). Still above SMA(21). Tested and failed its 38.2% minor retrace (38.82). No daily 3LB changes (reversal is 37.73).



HYG/LQD
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Tested and failed its 38.2% retrace (0.7840). No daily 3LB changes (reversal is 0.7910).



USDJPY
Bullish short day (with long hair). Midpoint below EMA(10). Tested and failed SMA(21). Held above its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).



TLT
Bullish long day. Midpoint above EMA(10). Holding above all SMA's. Tested and held its 38.2% minor retrace (106.41). No daily 3LB changes (reversal is 103.52).




IT HAS BEGUN. BE WARNED.

Morning Corner 9.1.11

XLU (weekly info)
WEEKLY REVERSAL new high 33.04
trend=no
direction=up (1 bar)
high= 33.04
rev= 31.70; mid= 32.37

If the economy was rosy then why did XLU have a weekly 3LB reversal up last week and confirming the move this week? It's now above all SMA's. It's approaching its 61.8% retrace.



Palladium (weekly info)
-no change (below mid)
trend=up
high= 827.70
rev= 718.05; mid= 772.88


Palladium has been in a relatively tight range for most of 2011. It's currently above all SMA's. It's testing its 38.2% minor retrace. It also has a noticeable pattern (which may repeat next week).

AmenRa's Corner

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


"How many time do I have to tell you? EOM is MY time!"

Creditcane™: I'm putting in overtime to get my mojo back.


SPX
Spinning top day. Midpoint above EMA(10). Still above SMA(21). Held above the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Above daily & weekly mids. Had a monthly 3LB reversal down.



DXY
Bullish short day. Midpoint above EMA(10). Holding above its 0.0% retrace (73.51). Failing the 38.2% minor retrace (74.40). Still below all SMA's. No daily 3LB changes (reversal is 75.75).



VIX
Spinning top day (or a failure to confirm bullish doji star). Midpoint below EMA(10). Still below SMA(21). Failing its 0.0% retrace (45.40). Failing its 38.2% minor retrace (33.51). No daily 3LB changes (reversal is 25.25). Escaped the "extreme fear" zone.



GOLD
Bearish short day. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (1828.28). Still above all SMA's. No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Bearish long day. Midpoint below EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (1.4416). No daily 3LB changes (reversal is 1.4103).



JNK
Spinning top day (after huge gap higher). Midpoint above EMA(10). Still above SMA(21). Tested and held its 50.0% retrace (38.60). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bullish long day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (20.92). No daily 3LB changes (reversal is 20.71). Also had a monthly 3LB reversal down.



WTI
Doji day. Still above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (80.32). Tested and held its 61.8% minor retrace (88.47). No dally 3LB changes (reversal is 92.08).



SILVER
Doji day. Holding above SMA(21). Midpoint above EMA(10). Held above its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Spinning top day (didn't confirm bearish harami). Midpoint above EMA(10). Still above SMA(21). Tested and held its 50.0% minor retrace (39.61). New high on daily 3LB (reversal is 37.73).



HYG/LQD
Spinning top day. Holding above SMA(21). Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Tested and held its 38.2% retrace (0.7840). No daily 3LB changes (reversal is 0.7910).



USDJPY
Spinning top day. Midpoint below EMA(10). Still failing SMA(21). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).



XHB
Bearish short day. Midpoint above EMA(10). Still above SMA(21). Still below its 38.2% retrace (15.51). No daily 3LB changes (reversal is 13.89).




IT HAS BEGUN. BE WARNED.

Disclosure/Warning

This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.