A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
R.I.P. Sisyphus. You could only hold the market up for so long.
Creditcane™: What surprises are in store over this holiday weekend? China rate hike? A sovereign rated junk? Only The Bernank knows…
SPXSpinning top day. Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 1243.91). QE2infinity. I'm almost tempted to call this a bearish harami day.
DXYSpinning top day (again). Midpoint above EMA(10). Failed the 38.2% retrace at 80.63. Still above SMA(89) & SMA(21). No daily 3LB changes (reversal is 81.19).
VIXBullish engulfing day. Midpoint below EMA(10). Still below all SMA's. No daily 3LB changes (reversal is 17.74). Having a xmas party in the "no fear" zone. Also currently has a monthly 3LB reversal down.
GOLDBearish short day. Still below SMA(21). Midpoint below EMA(10). 0.0% retrace holding. Still below 14.6% retrace (1392.69). Held SMA(55). No daily 3LB changes (reversal is 1338.80). Must have the precious.
AUDJPYBearish short 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).
JNKBullish long day. Midpoint above EMA(10). Failing the Gann 4x1. Back above the SMA(55). Daily 3LB reversal up (reversal is 39.64).
10YR YIELDSpinning top day (again). The 0.0% fibo retrace at 23.34 has held. Above all SMA's. Back above its 61.8% retrace (33.72). Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).
CRBBullish short day. 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 324.27). We'll see it in the prices of finished goods eventually.
DJ TRANS AVGBearish short day. Also looks like a completed evening star pattern. Above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 5099.38).
IQIBearish thrusting day. Midpoint below EMA(10). Below all SMA's. Back above its 14.6% retrace (11.74). No daily 3LB changes (reversal is 11.50). One by one they'll be falling like dominoes.
BKXBearish harami day (is Santa about to get stingy). Midpoint above EMA(10). Above all SMA's. No test of new 0.0% retrace. No daily 3LB changes (reversal is 50.32).
XRTBullish short day. Midpoint above EMA(10). Still above all SMA's. Daily 3LB reversal up (reversal is 47.26). Tested but failed to close above its 23.6% retrace (48.45). JBTFD...
3 comments:
http://proliberty.com/observer/20100424.htm
interesting Op-Ed on 'cartels'..
AAIP
cv will stick with SAN DIEGO ST (-3) for (1 unit)...
NFL
I hate this call, but I'll go with the STEELERS (-14) for (0 units)...
WASHINGTON — The House of Representatives voted 215-144 on Dec. 21 to pass legislation to overhaul the nation’s food safety laws, moving the United States closer to a new food safety system that would increase inspections and give more power to the Food and Drug Administration to recall food. The legislation, which was passed, then amended, then passed again by the Senate on Dec. 19, now will be sent to President Barack Obama, who has supported the measure and is expected to sign it into law. If signed into law by President Obama, the legislation would be the largest overhaul of U.S. food safety laws since 1938, when Congress gave the F.D.A. the authority to oversee the safety of food, drugs and cosmetics. The change comes in the face of a series of national outbreaks of food-borne illnesses linked to a variety of foods, including peanuts and eggs. “The food safety bill will provide the federal government with improved tools to prevent food-borne illness and address challenges in the food safety system by promoting a prevention-oriented approach,” said Secretary of Agriculture Tom Vilsack. “I applaud leaders in Congress for passing this important bill and look forward to President Obama signing this legislation. Protecting consumers from harm is a fundamental function of government and with passage of this landmark food safety legislation U.S.D.A. remains committed to keeping food safety a top priority.”
http://www.foodbusinessnews.net/News/News%20Home/Regulatory%20News/2010/12/Houses%20passes%20food%20safety%20bill.aspx?NewsLetter=true
AAIP
Post a Comment