AmenRa's Corner

A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection

Creditcane™: This is only a small portion of the devastation I can wreck. Prepare thyself.

Bearish short day. Gap is resistance (and is futile). Back below the SMA(55). Midpoint below EMA(10). Below the trendline (3/6/09-5/25/10) & (2/5/10-5/6/10). New low on daily 3LB (reversal is 1127.24). QE2infinity.

Bullish short day. Tested and passed the SMA(144). Midpoint above EMA(10). The 85.11 (fibo .1459) has been violated and the 80.95 (fib .09) has been defeated. New high on daily 3LB (reversal is 80.60). There is now a weekly 3LB reversal up.

Bullish short day. Hanging man? No. Midpoint above EMA(10). Still holding below weekly 3LB mid but now back above monthly 3LB mid. Still below the SMA(89) but above the SMA(144). New high on daily 3LB (reversal is 22.01).

Spinning top day. Above the SMA(21), the SMA(89) and the SMA(55). Midpoint above EMA(10). Holding above 14.6% retrace. New high on daily 3LB (reversal is 1197.90). There is a weekly 3LB reversal up.

Bearish short day. Midpoint below the EMA(10). Back below 1.2935 (fib .1459) and the 38.2% retrace. Also below the 3x1 Gann again. Still above the trendline (11/27/09-3/17/10). New low on daily 3LB (reversal is 1.3231).

Spinning top day again. Did not test the 61.8% retrace or the 50.0% retrace. Back above the SMA(89). Midpoint below EMA(10). No daily 3LB changes (reversal is 37.72).

Bearish short day. Hammer was made of inferior metal. Below the SMA(55) and SMA(144). Midpoint below EMA(10). Also tested trendline using highs and failed. New low on daily 3LB (reversal is 4452.13).

Bearish short day. Gap is now resistance. Held new 0.0% fibo retrace at 26.83. Midpoint way below EMA(10). Below the SMA(21). No daily 3LB changes (reversal is 28.24).

High wave doji day. Snuck above the SMA(55). Midpoint below EMA(10). Above the 23.6% retrace at 75.5696. No daily 3LB changes (reversal is 79.1783).

Bearish long day (3x). Above all SMA's. Midpoint below EMA(10). Closed below the 14.6% retrace. Possible test of 113.86 (the 23.6% retrace) if BoJ gets serious (coming soon?). No daily 3LB changes (reversal is 114.60).

Morning Audibles 8.13.10 - Hindenburg Omen Triggered

"Oh the humanity!"

OK - So lets pause and reflect here for a second...

- On July 30-Aug 1st we had the "Cardinal Cross"
- On August 11th*/12th we have a confirmed "Hindenberg Omen" (more later)
- Today is Friday the 13th

Are we, like, seriously screwed or what?

First, the Hindenburg...(read up because even though I might be stupid, I'm not THAT stupid as to make comical annotations on harbingers of doom)... At least I give them a wide berth...

Date of first
Omen Signal
# of Signals
In Cluster
% Decline
Time Until
4/13/2004 (1)55.4%30 days
6/20/2002515.8%30 days
23.9%112 days
6/20/2001225.5%93 days
3/12/2001411.4%11 days
9/15/2000912.4%33 days
7/26/200039.0%83 days
1/24/2000634.2%44 days
6/15/199926.7%122 days
12/22/1998 (2)20.2%1 day
7/21/1998 (3)119.7%41 days
12/11/1997115.8%32 days
6/12/199638.8%34 days
10/09/199561.7%1 day
9/19/199478.2%65 days
1/25/1994149.6%69 days
11/03/199332.1%2 days
12/02/199193.5%7 days
6/27/19901716.3%91 days
11/01/1989365.0%91 days
10/11/1989210.0%5 days
9/14/1987538.2%36 days
7/14/198693.6%21 days

Then... Remember the Cardinal?

Whether you're superstitious or not... Here's what ACTUALLY happens when you CROSS a CARDINAL

August 10, 2010 - Reds vs. Cardinals

As for Friday the 13th?

Look - Jason is handy with the POLEAXE too...

I don't know people, do what you want... Go long, Go short... Go TO SLEEP...

Better not heed that last advice...

OK... I'll cut the crap and get to the real anthology of drama...

Oh... Let's just get it all over with at once, shall we?

 With a little music to go along with it...

 Way to go Stevie... Way to scare the hell out of all the young SESAME STREET viewers - lol


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