Creditcane™: Even if I count to 10e12 you can't hide from my wrath.
Bearish short day. Midpoint above EMA(10). Holding above SMA(21). Holding above the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). QE2infinity.
Bullish long day. Midpoint below EMA(10). Failing the 61.8% minor retrace (79.60). Tested and held SMA(144). No daily 3LB changes (reversal is 80.08). Still below weekly 3LB mid.
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 20.39).
Bearish short day. Midpoint above EMA(10). Tested and failed its 50.0% retrace (1661.00). Tested and held SMA(21). No daily 3LB changes (reversal is 1706.50). Still above monthly 3LB mid. Must have the precious.
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.33).
Bullish short day (still closed lower). Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 19.74).
Bearish short day. Tested and failed SMA(55). Midpoint above EMA(10). Holding above its 61.8% retrace (103.42). No dally 3LB changes (reversal is 101.46). Not confirming the monthly 3LB reversal down.
Bearish short day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (30.97). No daily 3LB changes (reversal is 33.17).
Bearish short day. Midpoint above EMA(10). Tested and held SMA(21). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
Bullish long day. Tested and held SMA(89,233). Midpoint above EMA(10). Holding above its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7676).
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(55). Failing its 50.0% retrace (3.846). No daily 3LB changes (reversal is 3.773).
Bullish short day. Tested and held SMA(55). Midpoint below EMA(10). Tested and held its 50.0% minor retrace (577.84). No daily 3LB changes (reversal is 560.28).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
7 comments:
This commercial still cracks me up: http://www.youtube.com/watch?v=l0-0ijt3i1I
Ben from the previous thread.
It's pretty obvious that ol' Aubrey mclendon fancies himself a trader....that's for sure.
If he's still at CHK in the next months, I'll be really shocked.
Yeah...he's a maverick....friggin' moron.
Lol, CHK. I logged into my Bloomberg terminal this morning and the CHK story was the first thing that I saw. I picked my jaw back up from the floor and heard one of my co-workers saying something like, "That guy should be in jail." (It turns out he's long CHK).
Even though this sort of corruption happens enough that I should be totally desensitized to it, I still can be astonished by how brazen some of these alpha-dogs in high finance can be.
Andy:
I saw your note about liking the upstream ops of COP. I also like the business, even though a lot of people on the Street HATE it. I will be looking for an entry point over the next several months. Maybe I'll get lucky and we'll have a nice pullback.
I'm willing to ride some vol on that name.
...At The Milken Institute conference yesterday, Hugh Hendry delivered his usual eloquent and critical insights on the state of Europe. Beginning with the statement that "All of Europe has defaulted", the canny-wee-fella (translation: shrewd and cautious young chap) explained that "The political economy in Europe is such that the politicians chose to default on their spending obligations to their citizens in order to honor the pact with their financial creditors and so as time goes on, the politicians are being rejected." Between France's election of Mr. Hollande and Luxembourg's 'when times get tough you have to lie' Juncker, Hendry says the only inspiration for Europe is fiction as "you just can't make up how bad it is" as he goes on to discuss the precedent for a way forward, the grotesque distortions of fixed exchange rate regimes, why Weimar happened, why the transfer union will never happen, Ayn Rand's reality, and fear politicians are feeling.
The entire discussion is well worth watching for a sense of the underlying reality in Europe.
The underlying reality that what the European monetary union is about is not about preventing a third so-called European civil war, it is essentially about making someone (France, Germany or both) a Great Power, a European Hegemon, and a global player.
Starting at around 12:00, Hugh begins his must-watch discussion...
And begins again at around 30:00, Hendry discusses the British perspective on the impeccable logic of the German mind and why the transfer union will never happen in Europe...and why Wiemar happened...
http://www.zerohedge.com/news/hugh-hendry-europe-you-cant-make-how-bad-it
ibid.
Talk about messing with the markets head. ISM Mfg Employment gain while ISM NonMfg Employment falls. Add in an ADP that's WTE and there's total confusion over what to expect for NFP.
terrell suggs out for the season...playing basketball. jackass.
give cv a drink.
isn't that a shame, probably the guy that hated Tim Tebow the most. ooops.
guess he can now bitch about him from his couch eh?
Didn't Flacco get busted by a neighbor that saw him skateboarding last year as well? I guess Harbaugh was busy with other, like clearing up statements on Twitter, instead of warning his players what sport they got paid to play
of course, CV might come around with some totally unbiased commentary on the Ravens for the benefit of us all.....you know, to clear this up
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