A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: Wake me up when the new year starts. Repeat ad infinitum.
SPXBullish short day. Midpoint above EMA(10). Still above all SMA's. New high on daily 3LB (reversal is 1242.87). QE2infinity.
DXYSpinning top day. Midpoint above EMA(10). Abobe the 38.2% retrace at 80.63. Still above SMA(89) & SMA(21). No daily 3LB changes (reversal is 81.19).
VIXBullish short day. Midpoint below EMA(10). Still below all SMA's. No daily 3LB changes(reversal is 17.99). Relocated to the "no fear" zone (for now). Also has a monthly 3LB reversal down.
GOLDDoji day. Still below SMA(21). Midpoint below EMA(10). 0.0% retrace holding. Still below 14.6% retrace (1392.69). No daily 3LB changes (reversal is 1338.80). Must have the precious.
AUDJPYSpinning top day. Midpoint above EMA(10). Still above all SMA's. Above its 76.4% retrace (0.8226). No daily 3LB changes (reversal is 0.8007).
JNKDoji day. Midpoint above EMA(10). Failing the Gann 4x1. Back above the SMA(21). Tested and passed the SMA(55). No daily 3LB changes (reversal is 40.30).
10YR YIELDSpinning top day. The 0.0% fibo retrace at 23.34 has held. Above all SMA's. Still below its 61.8% retrace (33.72). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).
CRBBullish short day (hanging man pardoned). Midpoint above EMA(10). Above all SMA's. Made a new 0.0% retrace. Above the Gann 2x1. New high on daily 3LB (reversal is 319.87).
IQIBullish harami day (anything to say the end is not near). Midpoint below EMA(10). Below all SMA's. Looking to retest its 0.0% retrace (11.45). No daily 3LB changes (reversal is 11.50). Fed pulled a one night stand on the munis.
BKXBullish long day (are the banks really better off?). Midpoint above EMA(10). Above all SMA's. Made a new 0.0% starting point. New high on daily 3LB (reversal is 49.22).
TLTBullish short day. Midpoint above EMA(10). Below all SMA's. Tested and held its 76.4% retrace (92.50). Daily 3LB reversal up (reversal is 90.94).
SILVERDoji day. Still above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 29.79). Waiting for something…Blythe?
SUGAR #11Bearish short day. Was today the completion of an evening star? Above all SMA's. Midpoint above EMA(10). No day 3LB changes (reversal is 26.15).
HYGSpinning top day. Midpoint above EMA(10). Closed back above 38.2% retrace (89.77). New high on daily 3LB (reversal is 88.35).
LEFTBACK'S BOND REPORT
The Bond Report 12.21.10
Today was a mild flattener, with yields falling slightly at the long end. IG and HY were well bid and Ts outperformed TIPS. HYG remained close to the resistance zone at 90, but well above the all-important 88,50 level discussed in the blog.
Corpies: LQD 0.21%; AGG 0.19%; JNK 0.12%; HYG 0.21%
Govies: TLT 0.70%; IEI 0.03%; TIP 0.17%
Hedgies: TBT -1.18%
We did nothing. Still long a HYG/LQD combination, and TIP. No AGG, no Treasuries yet. Cash is handy this time of the year, unless you are BRIAN who always likes JOHN E to be ALL IN. We like to see how the year begins before we put Bucky to work.
20 comments:
"...Everything contained within the Post’s article has already been reported and covered in depth by this website and others in the alternative media that have consistently warned of the threat of the exponential rise of the big brother spy system over the past decade.
The report details Homeland Security head Janet Napolitano’s recent “See something, say something” campaign, which encompasses the federal government hooking up with Wal-Mart, Amtrak, major sports leagues, hotel chains and metro riders to encourage citizens to file “suspicious activity reports” if they see any activity they think could be criminal or terroristic.
The government defines a suspicious activity as “observed behavior reasonably indicative of pre-operational planning related to terrorism or other criminal activity” related to terrorism.
As we reported recently, critics of the program have been literally dubbed insane by it’s coordinators, despite legitimate concerns over asking citizens to effectively spy on each other for the government.
The Washington Post report notes that such suspicious activity reports are just one piece of information being collected at the local and state levels and fed into a vast “Guardian” database via fusion centers, which ultimately connect to the FBI, the DHS and even the Department of Defense.
According to the report, the spook network includes 4,058 federal, state and local organizations.
Intelligence centers run by states across the country have access to personal information about millions of Americans, including unlisted cell phone numbers, insurance claims, driver’s license photographs and credit reports.
Dozens of the fusion centers were created after 9/11 to identify potential threats and “improve the way information is shared”. The centers use law enforcement analysts and sophisticated computer systems to compile, or fuse, disparate tips and clues and pass along the refined information to other agencies.
..."
http://poorrichards-blog.blogspot.com/2010/12/monitoring-america-governments.html
AAIP
I guess all the Red pomo days have not dampened John's spirit, or the person buying the Q's at the close, I've read nearly the same exact quote now on four different blogs:
I just did my POMO day trade today to make some money (to pay for Christmas gifts:
total conviction environment, reality be damned.
and btw, pomo is an effing coin flip the longer it lasts, please don't be a monkey.
MeH - Anyone who uses the internet knows they can be tracked, anyone who uses a "club" card should know they are being targeted, anyone who uses a credit/debit card should understand they can be monitored.
However all those are electronic transactions and can with some insight and prudence can be made to show false data. On top of that the shear amount of data and (Currently) inefficent data bases, makes it nearly impossible to track a specific individual - I am NOT worried the government is tracking everything Mangy Mutt does electronically.
However your above post is very scary, this means that anyone who for whatever reason deems me a "threat" can call and I will be monitored and my electronic transactions will then be targeted.
And this will be done because.... I look different, act different, smell different, dress different... Whatever does not matter, because some busy body can say I am threatening, now the governement can make it their business to track me and not just for a month or two, but forever.
Didn't Germany have a system like this back in the 30 & 40's. That did not work out to well for a lot of folks.
Mangy Mutt
MEH,
Don't worry about it--it's just personal liberties....
If you rail too much on such things, you'll become a target or be lumped in with those crazy zealot "tea party" types.
it all started with the patriot act MM
it's so 1984.
like, for realz
CV,
buddy, this one here is especially for YOU:
http://www.ritholtz.com/blog/2010/12/kass-surprises-for-2011/#comment-470405
the one right below it as well
y mas..
"...I’m going to provide a one paragraph summary, just to make sure that the implications of this are clear to everyone:
The U.S. Government has, almost certainly, established a database and tracking system for something like eight million Americans who have been designated as threats to national security. The system is called MAIN CORE and it is being run under the auspices of highly classified Continuity of Government (COG) operations. MAIN CORE uses a variety of intelligence sources as inputs, including your email, web activity, telephone and private financial information. In the event of a major national security crisis, it is alleged that Americans listed in the MAIN CORE database, “Could be subject to everything from heightened surveillance and tracking to direct questioning and possibly even detention.”
The Last Roundup, by Christopher Ketcham, appeared in the May/June 2008 issue of Radar Magazine. (mirror 1, mirror 2.)
Below are some excerpts from The Last Roundup. I have provided explicit pointers to the related materials on Cryptogon:
According to a senior government official who served with high-level security clearances in five administrations, “There exists a database of Americans, who, often for the slightest and most trivial reason, are considered unfriendly, and who, in a time of panic, might be incarcerated. The database can identify and locate perceived ‘enemies of the state’ almost instantaneously.” [See: AT&T Invents Programming Language for Mass Surveillance]
..."
http://cryptogon.com/?p=2590
MM,
the dB's are not, necessarily, sloppy, but their admin.s, certainly, can be..
AAIP
these QOTW might help explain the motivations of some of the wavers round these parts:
http://www.neowave.com/qow/qow-archive-936.asp
http://www.neowave.com/qow/qow-archive-989.asp
AT,
wondering if he's got a new book coming out in the not too distant future:
"In the near future, I'll explain, in detail, what Neely River Theory is all about and how it substantially improves the trader's ability to extract profits from a market."
@AmenRa:
I have been choking on your terminology since you started doing these and felt like I must be too stupid to pick it up. Today, I'm swallowing my pride and asking WTF you mean.
"SPX
Bullish short day"
If I'm reading this correctly, you are saying that candles/3LB are... indicating gains for... people who shorted ES contracts?
Why not just say whether the chart is bearish or bullish (and everyone can assume long and then flip if they are short)?
>> who have been designated as threats to national security. The system is called MAIN CORE and it is being run under the auspices of highly classified Continuity of Government (COG) operations.
Oh, so the new name/program is "Main Core"?
What happened to rumoured names like "Echelon", "Carnivore", and "Total Information Awareness" that we used to hear about years ago?
Welcome to the Stazi Shell Game!
That makes me think of something...
Can you hear Richard Dawson announcing Julian Assange as the next Running Man?
listening to lou holtz talk is a little rough
Matthew
A short day is where there is a tight range and not that much enthusiasm behind the move. A long day would indicate much enthusiasm behind the move. So a bullish short day is a higher close but not much "oomph" behind it.
Watching the replay of Eagle/Giants on NFL Network :-)
Everyone who posts here is already on that list, dont sweat it.
I for one am harmless, truth be told. Thats the funny part. I guess in the end, if you're not just oblivious or still asleep, in ignorant bliss, as it were... everyone thinks they are a part of a solution to some kind of problem, that stems from some kind of figment of what they think this world "should" or "shouldnt" be like, then they act on it. Some to differing degrees of harm I suppose. Its the ones that seek control that are the creepy ones.
"...S&P500 REACHES AN ALL-TIME HIGH
Dr. Bernanke, using his mandate of ‘make sure the stock market keeps going up’, continues to pump liquidity into the system in 2011. Even ‘mom-and-pop’ investors realise the only strategy worth following is to buy the dips. But the tactic actually works for the Fed, even though it’s a house of cards, and the US consumers start to spend as their stock portfolios improve and they forgive their money managers. Corporate America doesn’t buy the euphoria that a healthy share price is a good indicator of health, though, and continues the deleveraging process – margin improvements, a wary approach to spending and managing the balance sheet, refinancing debt at next to zero interest rates, and so on. Next thing you know, it’s a proper recovery and the US benchmark index sees the 2007 peak in the rear-view mirror on its way to 1,600..."
http://ftalphaville.ft.com/blog/2010/12/20/442411/saxos-outrageous-predictions-for-2011/
from TBP
AAIP
these predictions lists are terrible, that one in particular from AAIP, that's some of the dumbest shit I've ever read right there
just saw this for the first time thought it was hilarious, if you've seen the movie you'll enjoy it:
http://www.wilx.com/blogs/wwwcd/43074497.html
AR, how inclusive your list was tonight!!! tho, sorry to scold, you omitted the all important Doctor.
I'm toast.. up since 2:45 AM.. PT.. will run the sump pump now and set my alarm for 3 hours.. HOPE, they are wrong about tonights rainfall..
did someone say POMO?
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