A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection
Creditcane™: Looks like the market is about to hit my wall again.
SPXBullish short day. Midpoint below EMA(10). Still below the trendline (3/6/09-7/1//10). Tested and held 1041.83 (.1459 fibo from high). No daily 3LB changes (reversal is 1075.63). QE2infinity.
DXYDoji day. Held the SMA(144). Midpoint above EMA(10). No daily 3LB changes (reversal is 82.95).
VIXBearish long day. Midpoint above EMA(10). Still holding below weekly 3LB mid but above monthly 3LB mid. Now below the SMA(89). No daily 3LB changes (reversal is 25.73).
GOLDBullish long day. Still above all SMA's. Midpoint above EMA(10). Still holding onto gains (heading towards the 0%). New high on daily 3LB (reversal is 1227.00).
EURUSDSpinning top day again. Midpoint below EMA(10). Tested the 23.6% retrace (failed). Still failing the 4x1 Gann. It's above the trendline (11/27/09-3/17/10). New low on daily 3LB (reversal is 1.2709).
JNKHammer day. Held the 50% retrace. Still failing to close gap. Still above the SMA(89) and the SMA(144). Midpoint below EMA(10). No daily 3LB changes (reversal is 37.72).
10YR YIELDBullish engulfing day. First gap is the main resistance. New gap is additional resistance. The new 0.0% fibo retrace at 24.69 held. Midpoint below EMA(10). Below all SMA's. No daily 3LB changes (reversal is 27.81).
AUDJPYBullish thrusting day. Way below the SMA(55). Midpoint below EMA(10). Held the 14.6% retrace at 74.1352 (again). No daily 3LB changes (reversal is 79.1783).
DJ TRANS AVGBullish harami day. Still failing the trendline and the SMA(233). Below the SMA(55) and SMA(144). Midpoint below EMA(10). No daily 3LB changes (reversal is 4236.96). Also below weekly 3LB reversal price.
WTIBullish piercing day. Below all SMA's. Midpoint below the EMA(10). No daily 3LB changes (reversal is 74.79).
LEFTBACK'S BOND REPORT
The Bond Report 8.25.10
Another bizarro day in Bond World. After ticking 2.419% this morning, the 10y immediately reversed and finished the day at 2.54%. HY recovered well during the day and was bought heavily in the last half-hour, as usual. That's where the PROS trade, son. IG was steady.
Corpies: LQD 0.19%; AGG -0.23%; JNK -0.05%; HYG -0.13%;
Govies: TLT -0.33%; IEI -0.26%; TIP 0.00%
Hedgies: TBT 0.72%
LB is now only involved in IG and HY, so the action in the Treasury pit was simply the amusement du jour. There is a POMO in the 10y/30y tomorrow, and we expect to see a lower high in TLT, or a higher low in the yield, that might be a good place to start shorts, now that there are no shorts any more.... but our attentions are elsewhere for now.
45 comments:
Wow. S&P futures held that 1036 last line of technical support (identified on Sunday)....bottomed at 1037. What a technical beast....
c'mon people-
just be confident- you know-
American exceptionalism + confidence= can't lose
we just have to do it on a shoe string while pulling ourselves up by our own boot straps- cliches?
I think not- we can do it- if we only believe then we can achieve-
you know- the ol' can do attitude-
but if it doesn't work out- don't worry- be happy-
that's my little ray of sunshine for today
The SPX trading range is between the fibos 1041.83 and 1110.02. It pushes higher at the top and rebounds quickly when testing the low. What will be "the event" that violates the range?
and ol' happy is wondering-
how much $$$ it would take for Kurt Warner to un-retire and save the AZ Cardinals from a disastrous season?
@Amen
"What will be "the event" that violates the range?"
CV is just toying with you all... As soon as I sell my book, I'm taking you all down with me...
@happy sunshine
Sorry to say... but it's DANCING WITH THE STARSVILLE for Kurtypoo
& dudes
get your butts signed up in the fantasy league I created...
You all were bitching about it... I set it up 9the link is in yesterdays thread by Amen)...
So get your teams registered and quit dorking around!
"At 1040 buyers entered the market on a belief that this former level of support would hold again and provide a floor for stocks."- CNBC
1040- like a concrete floor above an endless chasm-
you have to believe to achieve-
and I believe- because I'm happy?
CV-
all the rumors are swirling about Kurt Warner-
probably nothing though
Elin Nordegren said she never had an inkling.
She said she never hit her famous husband with a golf club.
She said she’s never felt so sad and devastated, and hopes she never will again.
All this and more from the woman the world has waited to hear from since that Thanksgiving night in November that shattered her marriage and the carefully crafted image of Tiger Woods.
“I’ve been through hell,” Nordegren said in an interview with People magazine released Wednesday, two days after she and Woods were officially divorced. “It’s hard to think you have this life, and then all of a sudden - was it a lie? You’re struggling because it wasn’t real. But I survived. It was hard, but it didn’t kill me.”
She and the couple’s children, 3-year-old daughter Sam and 18-month-old son Charlie, have settled a mile from her ex-husband in a rented, five-bedroom house in a gated community in Windermere, Fla. - where Woods needs her permission to get past the guard. The two are sharing custody of their children.
She credits therapy and long runs with helping her deal with the last nine months, and she also kept a journal of her thoughts and emotions. “I haven’t gone back to read what I wrote in December and January; I’m afraid to,” she said.
She has not watched “one minute of golf.” But she can laugh at things now, calling those “Saturday Night Live” and “South Park” parodies of her “pretty hysterical” (though totally untrue).
“She’s been amazing,” said Mia Parnevik, for whom Nordegren was working as a nanny when she met Woods more than a decade ago. “She has held her head high. To go through a divorce is not easy for anybody. To go through what she’s gone through is not humane.”
She is not, however, without scars. In the days before the divorce was finalized, Nordegren’s long, blonde hair began falling out.
“She’s held her head high. She has not caved in,” said Parnevik, wife of pro golfer Jesper Parnevik. “She’s not said bad things about him, and that’s kind of an easy game to get into.”
The Swedish-born Nordegren has always guarded her privacy as fiercely as Woods, if not more so. Even in happier times she was rarely quoted. She kept to herself at golf tournaments, staying well beyond the ropes and once turning away when she noticed photographers taking her picture.
Years ago, a reporter mentioned that he had never seen her on the 18th green after Woods won a tournament.
“That’s just not my personality,” she said.
But the car crash outside the couple’s Florida home shattered any hopes she had of a normal life for her and her children.
The world knew the tawdry details of Woods’ philandering, and many wondered if Nordegren had a hand in the accident, perhaps going after him in a fit of rage when she caught him.
“This was one of the things I had the hardest time with people thinking,” Nordegren said. “There was never any violence inside or outside our home. The speculation that I would have used a golf club to hit him is just truly ridiculous.”
The interview with People, conducted at her home over four visits lasting a total of 19 hours, will be her only one, she said.
Nordegren approached People, and magazine spokeswoman Claudia DiRomualdo said no one was paid for the story. Nordegren would not disclose the amount of the divorce settlement but did say “money can’t buy happiness or put my family back together.”
Nordegren said she had never suspected Woods of cheating. She hadn’t traveled as much the last few years, busy with the couple’s children and her psychology classes at Rollins College.
“I felt stupid as more things were revealed - how could I not have known anything?” Nordegren said. “The word betrayal isn’t strong enough. I felt like my whole world had fallen apart. It seemed that my world as I thought it was had never existed. I felt embarrassed for having been so deceived. I felt betrayed by many people around me.”
Still, Nordegren said the couple tried for months to reconcile. Woods even spent two months in therapy at a Mississippi clinic in hopes of saving the marriage. The child of divorced parents herself, Nordegren said she wanted her children to have a “core family,” a happily married mother and father.
Nordegren leaned heavily on her family during the turmoil. Twin sister Josefin, a London-based attorney, was part of her legal team, and her mother, Barbro Holmberg, traveled to Florida to be with her daughter.
But even that was not without drama. Holmberg, who has very low blood pressure, collapsed and had to be taken to the hospital during a December visit after the flu swept through Nordegren’s house.
In the end, Nordegren said she decided that a marriage “without trust and love” wasn’t good for anyone.
“I am now going to do my very best to show them that alone and happy is better than being in a relationship where there is no trust,” she said.
Asked about his ex-wife’s interview, Woods said Wednesday, “I wish her the best in everything.”
“You don’t ever go into a marriage looking to get divorced. That’s the thing,” Woods said from The Barclays golf tournament in New Jersey. “That’s why it is sad.”
Nordegren wasn’t even interested in Woods when she was first introduced to him. But she eventually fell in love with him because they had “so much fun, and I felt safe with him.” She called their Oct. 5, 2004, wedding in Barbados “one of the happiest days of my life” and told People she still has her Vera Wang wedding dress.
Now she is on her own, just her and the children.
Woods’ golf game has suffered amid his personal turmoil, and he said Wednesday that his children’s well-being remains his priority. But Nordegren said she still believes he’ll wind up as the “best golfer that ever lived.”
Just don’t expect her to be watching. “Forgiveness takes time,” and she’s still working on it, Nordegren said.
“She should get a lot of credit for how she portrayed herself,” Parnevik said. “The integrity and respect, that’s her - not him.”
AP Golf Writer Doug Ferguson contributed to this report from Paramus, N.J.
@happy sunshine
CHANGE YOU CAN BELIEVE IN
turned out to be...
BELIEFS CAN CHANGE
CV
If he never believed it then it isn't a lie. Therefore there is nothing to change.
@Amen
Well if you save your "change" like I do, it can add up over time...
http://www.motifake.com/image/demotivational-poster/0902/change-you-can-believe-in-redistribution-of-wealth-political-demotivational-poster-1233848913.jpg
@CV, Mars/Venus thing between men and women. I read Karen's comment from earlier(today's) post. It's sad when children are involved - as in divorce.
From Canada
CV-
this error trying to register-
Your invitation to that league no longer appears to be valid. Please speak to your commissioner. (Error #447)-
did you change the name of the league?
Found myself listening to this over and over: http://www.youtube.com/watch?v=dZkznvr-UeI
:-)
@ahab
Try this...
http://football.fantasysports.yahoo.com/f1/register/tos?league_id=585265&password=taordiebitchez
AndyT great report :)
Fed in emergency bid to put bailout ruling on hold
This makes me so mad. These are publicly traded companies and the Fed is not the government. Aren't the shareholders allowed to know if they got a bailout and how much. What is the completely worthless SEC doing about this.
Whew, long day. Got a student with me the next month, maybe I'll stay on my toes.
..Still think I'll take the over tomorrow...
If I'm wrong tomorrow I hope I don't look foolish.
Later...things will get better.
ok- I'm registered
I should travel to the US more often. Obviously my presence is really having an effect on the markets - lol.
ahab, i cannot deal with that avatar.. change it immediately please! we can do a one for one if you want..
Bruce, you are making me dizzy with those changes..
ok - I registered too ... Elm City Rookies. I can delete if you get more than enough from the regulars ... bring on the circus FUN
CV, can we not talk about Elin? I got a divorce, too, you know..
karen-
happy sunshine- what more do you want
divorce-
been there done that- but it is hard (so I understand what you're going through)-
my kids were so little -
good thing they wanted to live with me-
I guess I can't be that much of a dick
Good Luck tomorrow Bruce
Nic at 9:43.. start buying physical gold and tell the fed/sec/treas where to put their bailouts. go galt!
Nic.. sent you an gmail if you have time to look it..
Ahab, yes you can be.. we've been privy to your outrageous commentary to your children.. ; )
karen-
well if it has anything to do with "that's what she said"-
I'm guilty
http://snalaska.net/cot/current/charts/US.png
That's one hell of a dark cloud cover on TLT...
If you need/want $100,000 of income in retirement, you only need to buy $26.7 million of US Treasury 2 year notes to reach your goal ... holy crap
Whacko... is that the right word?!
Fortunately, I don't work that way.. it's money in vs money out and KISS.. 26.7 mil with a life expectancy or 20 years gives you 1.335 to live off of per year.. I COULD DO THAT IN HALF! LOL..
LOL I agree
Still pension funds must be struggling to make money.
karen-
no doubt- good point-
why wouldn't someone dig into the principle
So google are setting up to compete with skype and I am hearing that tonight some people got popup boxes on their gmail offering to call other gmail users free. How cool is that? I am a skype fan but google will reach way more people.
Almost forgot. The BEA will use some of the elements in composing GDP to keep the revision from dipping under 2%. Just saying.
I'm thinking 476k for weekly claims.
NEW THREAD
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