A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
It's on now...
Creditcane™: Lo siento osos. Sometimes bizarro world seems like the real world.
SPXBullish long day. Midpoint above EMA(10). Back above SMA(21). No daily 3LB changes (reversal is 1225.85). Back above weekly 3LB midpoint. QE2infinity.
DXYBearish engulfing day. Midpoint above EMA(10). Held the 38.2% retrace at 80.63. Back below 80.95 (major fibo from low). No daily 3LB changes (reversal is 79.87).
VIXHanging man day (which ironically confirmed hanging man). Midpoint above EMA(10). Back below SMA(89). No daily 3LB changes (reversal is 18.04). Still out of the "no fear" zone.
GOLDDoji day (2nd day of evening star?). Still above SMA(21). Midpoint above EMA(10). New 0% retrace has been holding. No daily 3LB (reversal is 1405.10). Getting its "mojo" back.
EURUSDBullish engulfing day. Midpoint below EMA(10). Closed above its 38.2% retrace at 1.3129. Now above SMA(144). No daily 3LB changes (reversal is 1.3313).
JNKDoji day (I spy a triangle). Still below SMA(55) but above SMA(89). Midpoint below EMA(10). Still failing the Gann 4x1. No daily 3LB changes (reversal is 40.30).
10YR YIELDBullish long day. The 0.0% fibo retrace at 23.59 has held. Retested SMA(144) and passed. Heading for its 38.2% retrace (29.91). Midpoint above EMA(10). New high on daily 3LB (reversal is 27.56).
CRBBullish long day (negated hanging man confirmation). Midpoint above EMA(10). Back above SMA(21). Above the Gann 2x1. No daily 3LB changes (reversal is 315.25).
XLFBullish short day. Midpoint above EMA(10). Now above SMA(55). Held the upper trend line. No daily 3LB changes (reversal is 14.23).
IQIBearish engulfing day. Midpoint above EMA(10). Below all SMA's. Back below its 50.0% (& 61.8%) retrace. No daily 3LB changes (reversal is 12.87).
SLVSpinning top day. Midpoint above EMA(10). Above all SMA's. May retest 0.0% retrace (28.72). New high on daily 3LB (reversal is 27.15).
TLTBearish short day. Midpoint below EMA(10). Closed below SMA(233) ruh roh. May test its 61.8% retrace (95.72). No daily 3LB changes (reversal is 93.81).
44 comments:
Hee hee. Wikileaks moved to a server in Sweden. Now what are you gonna do BAC?
hey, can someone verify for me that EWI does not have us in a wave 5 in the STU, not even in their alternate...
this would increase my confidence even further....
I would assume if not they have us still in 4, problem being that the count they still use at larger degree is wrong, which is another story entirely.
@Amen
Swedish bikini team to go along with my WIKILEAKS?
Nice! :-)
OK... so supposedly this video is going viral...
I haven't even watched it yet (but will in a minute)...
http://technolog.msnbc.msn.com/_news/2010/12/01/5561401-man-hopes-digital-love-letter-reaches-girlfriend-virally?GT1=43001
@Amen (5:38)
Oh... & by the way... Is everyone SURE it's BAC and not Lispy Lloyd?
Just saying!
CV
JA mentioned in a 2009 interview that he had a 5GB drive of a BAC executive.
Funniest s*** I've ever read on a blog...
http://www.zerohedge.com/article/its-4-pm-does-comcast-know-where-cnbcs-viewers-are#comment-770274
The Demopublicans (aka Establishmentarians, aka Emperors) are showing me what a tool I was for voting "D" from '04 to '08.
Blech.
@wunsa
Soothe yourself with some Harry Wanger mirth...
by HarryWanger
on Wed, 12/01/2010 - 18:58
#770217
Actually, there were many reasons for the market to be up today - tons of data reflecting a slow growth trend is undeniable right now.
This afternoon we nailed down the final points on our international licensing agreement. This takes us from US/Canada to Europe/Asia starting in Q2 2011.
These are smart business people and they all said the pickup that they've seen has been remarkable. The exact thing we are seeing. This means we can hire a few more people full time as we expand.
As a small business person selling consumer discretionary items I have a direct view into how the consumer is acting and how optimistic they are. Believe me, we were concerned two years ago when it all blew up but this fall has been phenomenal for many of us out in consumer goods. I and those I met with the past two days, see no reason for that to fade any time soon.
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by espirit
on Wed, 12/01/2010 - 19:11
#770244
You don't do your own grocery shopping, do you Harry?
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by mynhair
on Wed, 12/01/2010 - 19:25
#770283
Harry, you really didn't start that dildo business you talked about on MW, did you?
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by Iam Rich
on Wed, 12/01/2010 - 19:26
#770286
Harry...the real question is how were these guys acting two and a half years ago, just before everything blew up?
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by Raynja
on Wed, 12/01/2010 - 19:35
#770302
Let me get this strait, you signed an international licensing agreement and that's why you believe the market was up today. Lmao
@karen
remember you were talking about coinstar the other week?
http://seekingalpha.com/news/market_currents/post/62294
i just posted twice at TBP.. i hate myself for doing that!
CSTR is on my list.. i'll check your link CV.. thanks.
all recent earnings are the result of an accounting ploy.. or massive cost costing to the point of self-mulitation.. tell me something new!!
Thanks, CV, for the "Wanger-gram".
Look at this propaganda:
http://news.yahoo.com/s/yblog_thelookout/20101201/ts_yblog_thelookout/wikileaks-founder-assange-the-center-of-worldwide-attention
The phony rape charge seems to be working. The goal probably isn't to suppress the leaks anymore than it is to stuff the news channel with distractions and thereby consume the mind share of the readership.
if Jake G and Taylor S.. actually become a couple for the media.. then I will know that he is gay.. but will i be incensed that he doesn't just admit it.
http://dlisted.com/node/39845
reese has a mini-me!
http://justjared.buzznet.com/photo-gallery/2500017/reese-witherspoon-star-02/
AR, IT is on NOW.. love the pictorial tonight..
@karen (9:02)
Just wanted to make it official...
OK... Here's CV's (the guy banned from TWSWB's blog) official response to this thread...
"You’ve guys have heard my blather enough.
Rather than discuss my viewpoints, I will open the floor:
What say ye?"
Answer: Correct! I've heard enough of your blather...
Should have probably issued a more official short term update on the SP futures last night...instead of just writing this:
"Andy T said...
Looking at this set up on the ESZ10, the SP futures, 1188 looks like a decent stop now for anyone pressing shorts (like me). It's printing 1181 right now. Getting a bad feeling that we're about to jump 20-30 SP500 pts in the next few days." -November 30, 2010 11:17 PM
It occurred to me yday evening that the triangle we were witnessing was a bullish triangle. Hitting my stops last night was the best "day trade" I've done in awhile.
I think we probably get a little more carry over tomorrow. I'll be re-shorting at 1212 on the SP futures. 1215 looks like good resistance on the SP cash for those w/out futures access.
@Andy
What are you worried about "triangles" for my son...
You need to be focused squarely on THE RAMPAGE JACKSONS in this moment... :-)
@Karen.
Yeah, every time I post at TBP I feel a little dirty afterwards.
@cv
Could give a rat's ass about FF. My only goal is to finish with the most points and also finish in last place. That would be fan-fucking-tastic.
Sort of an interesting chart here
@Andy
Kinda like... the Lions or the Cowboys...
I'm seeing some inflation in the "Flocked Christmas" trees. I left the xmas tree buying to the my wife this year for the first time EVER. She tends to criticize my choices and what I pay for trees.
The "ol' lady" came home with a $140 8' tall fully flocked and fat tree.
I said: "What the hell? $140 bucks? You would have ripped my head if I had done that?"
Wife: "Sorry, the girls and I just loved it."
Me: "Ok."
Everyones favorite Jack Ass...
http://www.businessinsider.com/12-reasons-rosenberg-is-still-wrong-about-the-economy-2010-11#
Just to piss you all off before bedtime... :-)
@cv. Yeah, just like the Lions and Cowboys...I guess....except that I don't get to field the defense for every single player I face....and that it's also a pretty random walk every week.
For instance, the amount of points opposing teams have scored against my team is a +1.5 standard deviation event. Whereas, it was nearly the opposite for you. Your opposing teams experienced a -1.0 Standard deviation event when they played you.
There is nothing that you did that limited your opponents to that kind of statistical anamoly. There's nothing I did that pumped up my opponents to such a degree.
That's just the way it goes in FF sometimes. There have been years where I've been very fortunate in who I was playing and years where I've been unfortunate. So it goes.
I'm going for empty victories now...like being the highest scoring team in the league.
@McFearless
Still in 4 triangle or flat.
I thought everyone's "favorite jackass" was Wee-man.
I think that's why I sort of like the English Premier League FF so much. You only have capped amount to spend on a team and players' values fluctuate on a weekly basis. You only get 1 substitution per week, otherwise it costs you points that week.
You get to pick ONE captain of the team each week and that guy's Fantasy points doubles for you.
It's a pretty cool system....
I'm surprised nobody has developed something closer to that game for the NFL. The salary cap stuff gets sort of close, but for some reason the English Premier League FF is just better....
Wunsa--
Who is "wee-man?"
We must be getting close to a top...I'm sort of getting tired of David Rosenberg's perma-bearishness....
Ha.
loved the christmas tree story, Andy, thanks : )
http://www.zerohedge.com/article/bernanke-bears-bank-america-bac-and-nflx
Andy,
http://www.youtube.com/watch?v=fkLrypjMqnw
:-)
@RPH,
thanks
@AT,
yeah, like those thoughts there on the market. As for Rosie, he's been bullish bonds and gold all year, unlike some I don't think that's a problem.
@wunsa--
That's how "out of it" I am....never have seen JackAss the movie or the show....
Karen
You sure that wasn't written by a BAC PR spokesperson?
EURUSD, AUDJPY, EURJPY down. DXY, gold up. Bulls about to get castrated?
worth perusing today..
http://whatreallyhappened.com/
AAIP
http://www.youtube.com/watch?v=RVEdYYMlOJ4
"Thank you, Jesus. Thank you, Lord."
- Mick Jagger, Far Away Eyes
Andy, I don't know if you would or would not enjoy the Jackass movies.
IMHO, good clips from the first movie:
http://www.youtube.com/watch?v=AG70LxwADyE
http://www.youtube.com/watch?v=d-hn076Lo9M
If you don't enjoy those, you probably won't enjoy the others.
FYI's:
- The Jackass *TV* show (on MTV) bores me. Lots of low-quality skits, IMO.
- "Jackass 3D" made me laugh almost as hard as the first movie. BUT, during parts of it, I had to close my eyes and not watch the movie because what was on the screen so disgusted me that I worried I might've puked if I kept watching. (You've been warned!) ;_
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