August 31, 2012
Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Spinning top day. Midpoint below EMA(10). Holding above SMA(21). Still failing the 0.0% retrace (1419.15). No daily 3LB changes (reversal is 1418.16). QE2infinity.
Bearish long day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (81.51). Still failing SMA(89). New low on dally 3LB (reversal is 81.91).
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 0.0% retrace (14.27). New high on daily 3LB (reversal is 13.70).
Spinning top day. Midpoint above EMA(10). Tested and held its 50.0% retrace (1668.00). Tested and held SMA(233). No daily 3LB changes (reversal is 1642.90). Must have the precious.
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Tested and held its 38.2% minor retrace (1.2522). New high on daily 3LB (reversal is 1.2470).
Spinning top day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% minor retrace (39.86). No daily 3LB changes (reversal is 39.40).
Spinning top day. Still failing SMA(21). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). New low on daily 3LB (reversal is 18.05).
Spinning top day. Still failing SMA(144,233). Midpoint above EMA(10). Tested and held its 38.2% retrace (95.94). No dally 3LB changes (reversal is 97.26).
Bullish short day. Tested and failed SMA(233). Midpoint above EMA(10). Now failing its 50.0% minor retrace (31.10). No daily 3LB changes (reversal is 29.55).
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% retrace (46.14). No daily 3LB changes (reversal is 47.47).
Bearish short day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (0.7678). No daily 3LB changes (reversal is 0.7738).
Bearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Holding above its 61.8% minor retrace (3.430). No daily 3LB changes (reversal is 3.540).
Doji day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (674.88). No daily 3LB changes (reversal is 648.11).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
3 comments:
as far as depressions go, many small farmers during the GD here in the south didn't notice a big change..they were essentially self-sufficient and raised most of what they ate..poor stayed poor..
I've been elk hunting in Montana, and I don't doubt many of the ranchers there are doing fine..especially if they have water.
SEC Proposes Rule to Allow Hedge Fund Ads for Investors
Hedge funds may go from soliciting individual investors behind closed doors to conducting wide advertising campaigns under a rule proposed today by the U.S. Securities and Exchange Commission.
SEC commissioners voted 4-1 to invite public comment on a proposal for how to end decades of restrictions on the pursuit of investors by private funds and startups. The proposal is driven by a law that repealed a ban on pitching such investments to all but a select few investors, such as those accustomed to pumping cash into hedge funds.
I guess the outflow of funds is more than they can bear. They need some new sheeple.
NEW.
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