Weekend Timeouts

- FANTASY SPORTS NATION HOMEPAGE -

As I stated last week... I'm going to continue to publish a weekend 'feature' game (NCAA or NFL) here in this space (as well as a link to the blogspace I'm running now which deals exclusively with NCAA/NFL Football & Fantasy Sports)...

- link to all week 3 NCAA picks -

- link to all week 2 NFL picks -

WEEK 3 - FEATURE GAME

#1 Oklahoma Sooners (-3.5) vs. #5 Florida State Seminoles 
(8:00 PM)

I'm not featuring this game so much because of the high "unit pick" value, but more because of the implications towards the national rankings... This is the first time that the Florida State Seminoles have hosted a TOP 5 team in Doak Campbell Stadium in about a decade so to say the place will have an electryfied atmosphere would be an understatement...

Florida State had fallen on some mediocre standards (by THEIR standards) the past few seasons... Recruiting is tough in the state of Florida... Lot's of athletic talent... SHIT for brains... The 'hom(stead)ies" who can't make it to Tallahassee, Gainesville, or Coral Gables on grades have been sponged up by, essentially "junior colleges", (like FIU, UCF, USF, & the like - schools that basically have division I football programs - but aren't much past 'Curious George goes to College' in the freshman English lit 101 class)...

There is 'HOPE' though (you know - for 'CHANGE')... 98% of the studs who don't make it to the NFL ought to head back to mama after their college years... There, they can seed a whole new crop of babies (which will have several beneficial effects)...

• In the future, we won't have to worry about Al Gore marginally losing elections in Fla.
• Surely, a whole new crop of Florida schools will emerge (University of South Central Florida A&M - now THAT's a catchy name)
• More and more interest, instruction, & child development will emerge in the ranks of pee-wee football...

http://www.youtube.com/watch?v=Q-LHxEKSJI0

In any case... I'm taking FLORIDA STATE in this spot for (1 unit)... I'm following up on a theme that I've been following all year, which is, fade teams that have an "issue" to deal with until they get over that issue... In this case, the "issue" is Oklahoma QB Landry Jones being unstoppable in Norman, but 4-5 on the road... This will probably his toughest road test thus far, in the most hostile environment...  

There's also the VEGAS angle to consider... Vegas lost revenue both Thursday & Friday nights (when publicly backed LSU & Boise State both covered [games I won a unit each on])... The public is behind the 'Sooners' here because, well, the public is usually behind whoever is ranked #1 and doesn't have the GUTS to think for thmselves... They'd rather have the media tell them that Romney, Bachmann, & Co. are the 'best chances' to defeat Obama... After all, the media knows best... The 'consensus' is never wrong... Consensus here (the parrot sports media), will remind you all day long that Oklahoma beat Florida State by 30 points last year (scoring 44 points in a row at one time)... They'll tell you that the ACC has not beaten a TOP #5 opponent in the past 32 tries... So basically, you'll know ALL THE REASONS why you 'should have' taken Oklahoma over Florida State last year... If you want to wait until next year, you'll hear about how Florida State was more adapted to playing zone coverages, & how the crowd noise effected Landry Jones & the hurry up offense style... So as always, you have a choice... Bet on LAST YEARS charts... Or, 'take a guess' on how you think TOMORROW'S charts will look...

FLORIDA STATE for (1 unit)

---

Note: I'll continue to use the other blog only as a 'pick' resource for quite awhile (Comments are disabled there)... Whether any of you like it or not... I like to hang around HERE to yuk it up... Why?

Sometimes you wanna go where everybody knows your name...

AmenRa's Corner

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

Creditcane™: "Elizabeth, I'm coming! My heart can't take much more!"

SPX
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Tested and held the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Back above the daily and weekly mids.



DXY
Bullish short day (possible bullish harami). Midpoint above EMA(10). Tested and held the 50.0% retrace (76.55). Still above all SMA's. No daily 3LB changes (reversal is 75.95). Below the monthly 3LB reversal price.



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



GOLD
Bullish short day (possible bullish harami). Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (1816.14). Failing SMA(21). No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Dark cloud cover day. Midpoint below EMA(10). Still below all SMA's. Tested and failed its 61.8% retrace (1.3861). No daily 3LB changes (reversal is 1.3986).



JNK
Doji day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Spinning top day. Still failing all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 22.60).



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



SILVER
Bullish harami day. Tested and held SMA(55). Midpoint below EMA(10). Tested and failed its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (36.25). Tested and failed its 38.2% minor retrace (38.82). No daily 3LB changes (reversal is 39.85).



HYG/LQD
Bearish short day. Still above SMA(21). Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7910).



USDJPY
Spinning top day (confirmed inverted hammer). Midpoint below EMA(10). Tested and failed SMA(21). Failing its 61.8% minor retrace (77.497). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).

IT HAS BEGUN. YOU HAVE BEEN WARNED.

Morning Corner 9.16.11

SILVER (weekly info)
-no change (above mid)
trend=up
high= 43.08
rev= 39.12; mid= 41.10


Silver isn't making very volatile moves (unless near historical resistance). Right now it's below the monthly 3LB mid and looking to test the weekly 3LB reversal. It's still above the SMA(21) and the 50.0% minor retrace (39.58).



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


Some consider this a good proxy for the economy. If so then ruh roh. It's below its SMA(55). It's testing the weekly 3LB reversal. It's approaching its 38.2% retrace. Is this the first one in line at the exit?


ROUGH RICE (weekly info)
-no change (above mid)
trend=no
direction=up (1 bar)
high= 7.96
rev= 14.23; mid= 16.10

Unfortunately for Asia last weeks bearish harami star isn't getting confirmed. So higher prices are still possible. It's above all SMA's. Currently it's failing its 61.8% minor retrace (17.98). The price is just over a dollar from its previous high so tensions have to be building.

AmenRa's Corner

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

"You know what week this is!"

Creditcane™: Down with the Central Banks! They interfere with my best laid plans.

SPX
Bullish long day. Midpoint above EMA(10). Holding above SMA(21). Tested and held the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Back above the daily and weekly mids.



DXY
Bearish long day. Midpoint above EMA(10). Now failing the 50.0% retrace (76.55). Still above all SMA's. No daily 3LB changes (reversal is 75.95). Below the monthly 3LB reversal price.



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



GOLD
Bearish long day. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (1816.14). Failing SMA(21). No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Bullish long day. Midpoint below EMA(10). Still below all SMA's. Tested and held its 61.8% retrace (1.3861). No daily 3LB changes (reversal is 1.3986).



JNK
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Held its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Bullish long day. Still failing all SMA's. Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 22.60).



WTI
Spinning top day. Holding 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
Bearish long day. Tested and held SMA(55). Midpoint below EMA(10). Tested and failed its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Bullish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (36.25). Tested and held its 38.2% minor retrace (38.82). No daily 3LB changes (reversal is 39.85).



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



USDJPY
Inverted hammer day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 61.8% minor retrace (77.497). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46). "Wareware wa idō sa remasen."

IT HAS BEGUN. YOU HAVE BEEN WARNED.

Morning Corner 9.15.11

HSKAX (weekly info)
new low 14.88
trend=down
low= 14.88
rev= 15.03; mid= 14.96


The Quants are underperforming…everything. It's now lower than 2006 prices. It's below all SMA's (obviously). It's below its 0.0% retrace and still making new lows. Danger Will Robinson! Danger!



GS (weekly info)
new low 102.25
trend=down
low= 102.25
rev= 111.76; mid= 107.01


GS weekly chart is appearing to have found a temporary bottom as its making a bullish engulfing pattern. Still needs confirmation. It's below all SMA's. It's clawing its way back to its 0.0% retrace.

AmenRa's Corner

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

Creditcane™: Down with algos! They interfere with my best laid plans.

SPX
Bullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held the 61.8% retrace (1168.03). No daily 3LB changes (reversal is 1254.05). QE2infinity. Back above the daily mid but not the weekly mid.



DXY
Spinning top day. Midpoint above EMA(10). Holding above the 50.0% retrace (76.55). Still above all SMA's. No daily 3LB changes (reversal is 75.95). Still trading below the monthly 3LB reversal price (but not by much).



VIX
Bearish short day. Midpoint above EMA(10). Failed SMA(21). Failing its 0.0% retrace (45.40). Tested and held its 38.2% retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone…barely.



GOLD
Spinning top day. Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (1840.15). Back below SMA(21). No daily 3LB changes (reversal is 1891.90). Must have the precious.



EURUSD
Bullish short day. Midpoint below EMA(10). Still below all SMA's. Failing its 61.8% retrace (1.3861) and held 38.2% minor retrace (1.3671). No daily 3LB changes (reversal is 1.3986).



JNK
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Held its 38.2% retrace (38.07). No daily 3LB changes (reversal is 39.59).



10YR YIELD
Hanging man day. Still failing all SMA's. Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 22.60).



WTI
Bearish short day. Holding 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
Bearish short day (didn't confirm bullish harami). Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).



BKX
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 0.0% retrace (36.25). No daily 3LB changes (reversal is 39.85).



HYG/LQD
Spinning top day (still confirmed bullish engulfing). Failing all SMA's. Midpoint above EMA(10). No test of its 0.0% retrace (0.7427). Tested and held its 50.0% minor retrace (0.7634). No daily 3LB changes (reversal is 0.7910).



USDJPY
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 61.8% minor retrace (77.497). Tested and held its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).



COPPER
Bearish long day. Midpoint below EMA(10). Below all SMA's. Tested and failed its 38.2% minor retrace (3.994). No daily 3LB changes (reversal is 4.256).

IT HAS BEGUN. YOU HAVE BEEN WARNED.