A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection
Creditcane caused some damage but the magic elves repaired most of the damage before the day ended.
SPX
High wave day. An evening star forced was to implode. The "tail" tells the direction the market wants to go. Still above 1078.87 (fib using low). Still above the SMA(21) but below the SMA(233). Midpoint above EMA(10). Still above the weekly 3LB mid. Somehow held the trendline (3/6/09-5/25/10). New high on daily 3LB changes (reversal is 1077.96). QE2infinity.
DXY
Bearish long day. Euro correlation back in fashion. Midpoint below EMA(10). Will it break the SMA(144)? The 85.11 (fibo .1459) has been violated. Now below the 61.8% retrace. New low on daily 3LB (reversal now 83.82).
VIX
Doji day (almost a gravestone doji). Midpoint below EMA(10). Closed below weekly 3LB mid & monthly 3LB mid. "Fear is here so don't get fooled on market pumps. Repeat ad nauseam." Back below the SMA(55),the SMA(21). Refused to close below the SMA(89). No daily 3LB changes (reversal is 45.79).
GOLD
Spinning top day (again). Below the SMA(21) and tested the SMA(55) but failed (again 2x). Midpoint below EMA(10). "To hell with fiat! Say it again! I'm gold and I'm proud!". No daily 3LB changes (reversal is 1240.70).
EURUSD
Bullish long day. Midpoint above the EMA(10). Closed above the SMA(89). Tested and closed right at the fib .1459 of 1.2935. Tested weekly 3LB reversal and passed. Still above the trendline (11/27/09-3/17/10). New high on daily 3LB (reversal now 1.2680).
JNK
Bearish short day (again). Still above the 50.0% retrace. Still below the SMA(89) and the SMA(144). Midpoint above EMA(10). No daily 3LB changes (reversal is 39.38).
GS
Bullish long day. GS is ran through the SMA(55). Midpoint above the EMA(10). Tested the 2.058 fibo (using low) of 144.98 (failed but AH going wild). The 1.618 fibo (using low) of 124.12 went on vacation for now. Now above weekly 3LB reversal price. New high on daily 3LB (reversal is 135.83).
10YR YIELD
Bearish long day again. Tested the 14.6% retrace (failed). Midpoint now below EMA(10). Back below the SMA(21). No daily 3LB changes (reversal is 29.27).
WTI
Doji day. Still above the SMA(21), SMA(55) and the SMA(233). Midpoint above the EMA(10). No daily 3LB changes (reversal is 71.98).
BP
Bullish long day. Still above the 14.6% retrace (using recent low). Midpoint above EMA(10). Tested the 23.6% retake (failed). Closed above the SMA(55). New high on daily 3LB (reversal is 28.74).
35 comments:
@Amen
Ha! Thanks...
SPX
High wave day. An evening star forced was to implode.
10yy
Is that doing a Gerri Halliwell act?
http://www.youtube.com/watch?v=RflRsRBV1mE&feature=PlayList&p=E0F4B30CB3256720&playnext_from=PL&playnext=1&index=9
QE/infinity... precious
Does that mean a "neutron star" pattern is in the works?
GS
Is that, like, a "corndog doji"
I meant to say (on SPX)...
"Does that mean a "neutron star" pattern is in the works?"
ROTFLMFAO!
Artist's rendition of TG's desktop...
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trichet/Geithner%20desktop.jpg
I'm laughing so hard I'm crying right now...
That's the funniest s*** I've ever seen!
This just in: Neutron stars The Platitudes rumored to sign major label deal as hit singles,"Make No Mistake", and "Let Me Be Clear" head for platinum status. Group spokesperson Cvienne quoted as saying, " I accept full responsibility for that....and there's plenty more where those came from."
However, group drummer was overheard grumbling: "Fucking fish and jumping jacks morning, noon, and night...either that or the horse whip. I was roped in and I want my points."
I hate GS
CV
Present for you. The ultimate guide to how long foodstuffs last and how to store them:
http://www.stilltasty.com/
@Nic
Thanks Nic...
Present for you...
http://www.federalreserve.gov/releases/h6/current/
"Obtain gag order on Grant's Rate Observer"
LMAO
AUDUSD has been stuck below 0.8860 for two and a half days even after the wowee China GDP number ...
todays' move at the close washed away all that bearish sentiment for sure...I dare you all to turn on Bloom or CNBC...every single person they have on is saying GS to $200.
Optimism is rampant...just look around.
the paper clip on the geithner desktop...lol.
Goldman killed the bears last July if I remember. Market never looked back after their earnings.
Seen on Twitter:
" Imagine the jubilation in Ms. Schapiro's office as they watch $GS stock soar, a turd in their punchbowl from Lloyd et al"
I have a hard time buying into the idea that earnings ever are the ultimate driver for stocks when one you can see for example from 1973-1974 that earnings rose every single quarter and the stock market dropped 50% anyway.
Forehead Schapiro proved today she's just as worthless as every other SEC chair...
have you all heard the details about the goldman deal, as I'm to understand they can now do this in the future with no fear of anyone coming after them.
change you can believe in....
For Goldman Sachs, the payment amounts to 14 days of earnings, based on first-quarter results
Ummm M2 weekly change -33.9B
karen karen wherever you are-
your post on the previous thread-
first off- CV never hid his identity- it was always out there- so obviously he wasn't outed-
second- if I found a clip of our man Mr. Vienne- and it appeared he was a bit of dork and an overweight slob-
then- in no way would I post that- as it would prove embarrassing-
however- the clip is of a dude w/ uber enthusiasm- high energy- in great shape- the exact image of the man he said he was-
so why not share with others?
@Amen
"Ummm M2 weekly change -33.9B"
http://www.federalreserve.gov/releases/h6/current/
right there in black and white
@ahab
I'm not really a fitness instructor. I only play one on TV...
of course-
like Obama is not the President but only plays one on TV-
I am almost feel sorry for him
If anyone visits Daneric's site, my personal count right now is his alt. count with the (iii) at 1099.46. (iv) ended today at 1080. (v) could be finished with a pop tomorrow morning, maybe a rise the elusive 1106-1110 range? Remember 1106 has that small gap. The only question then: would this finally be the start of minor 3?
ahab, ahab, i'm here, i'm here.. no offense intended! is it that time of the month for you, too? laughing. some people need/want to remain anon.. i have called him by his first name occasionally, but only after i saw him post it himself. please accept my apologies and my salmon recipe : )
karen-
hey- who is that cute little girl?
also- not upset at all- I thought the video was kind of cool so I shared-
hard to see that man in the clip as a farmer though-
maybe a "new age" farmer I guess-
personally- I think CV's IQ is in the stratosphere- dude could probably do anything he wanted- if so desired
the crows are after my owl and i lent me pellet rifle to a friend.. not that i actually load it but the noise works.. gotta find another weapon.. my shouts and hand clapping are worthless..
thot i'd beat the algos in exposing my top! see what you can do in AH?!
(besides make a fool or yourself, that is. : )
Nic, thanks for that website.
I hate GS. This bear is still live. Last year was a tough year for me. I am going to get them this year and next. DP
omg - karen's top in sight and there's no there there! like in the "money's not real" meme
Synthesis of DMT from tryptophan.
Decarboxylation of tryptophan in refluxing tetralin yields tryptamine as a crystalline solid.
Treatment of the tryptamine with formaldehyde in the presence of sodium cyanoborohydride yields the target compound.
http://www.erowid.org/archive/rhodium/chemistry/tryptamine2dmt.html
10 yr back under 3.00%...
NEW THREAD
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