AmenRa's Corner

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

Creditcane™: Came out swinging in the AM and got knocked around for a bit. Corner threw in the towel towards the close.

Hanging man day (but it didn't gap higher aka warning bears). Midpoint above EMA(10). Still above all SMA's. No daily 3LB changes (reversal is 1276.56). QE2infinity.

Spinning top day (failed morning star start). Midpoint below EMA(10). Below the 23.6% retrace (78.72). Heading for the 14.6% retrace (77.54). Below all SMA's. New low on daily 3LB (reversal is 78.64).

Bullish short day (failed to confirm dark cloud cover). Midpoint above EMA(10). Tested and passed SMA(55). New high on daily 3LB (reversal is 17.75). Stuck in the "no fear" zone. Currently does not have a monthly 3LB reversal.

Doji day. Still below SMA(89). Midpoint below EMA(10). 0.0% retrace holding. Tested and held the 38.2% retrace (1328.33). New low on daily 3LB (reversal is 1360.50). Must have the precious.

Bullish short day. Midpoint above EMA(10). Well above its 50.0% retrace at 1.3506. Still above all SMA's. New high on daily 3LB (reversal is 1.3466).

Bullish short day. Midpoint above EMA(10). Back above SMA(55). Finally closed the gap post dividends. Still above 38.2% retrace (40.28). No daily 3LB changes (reversal is 40.47).

Bearish short day. Failed the 14.6% retrace at 33.86. Back below SMA(21). Midpoint below EMA(10). No daily 3LB changes (reversal is 32.36). Holding above upper trend line.

Bearish short day (guess that was bearish engulfing which just was confirmed). Midpoint below EMA(10). Back below SMA(21). No test of new 0.0% retrace. No daily 3LB changes (reversal is 323.94). Also now below weekly 3LB reversal price.

Spinning top day. Midpoint above EMA(10). Back above SMA(21). Held the 23.6% retrace (98.10). No daily 3LB changes (reversal is 99.96). Tested and failed the weekly 3LB mid.

Bullish short day. Midpoint above EMA(10). Back above SMA(21). Held lower trend line. No daily 3LB changes (reversal is 90.94).


Anonymous said...

The Bond Report will return tomorrow. This is due to signal failure in the area of Stoke Poges.

We regret any inconvenience that this may cause.

Mind the gap.

Anonymous said...

Egyptian police take an epic leak in the direction of their people:

At least it is only water in this movie. They have been shooting and killing elsewhere... things that make you go... hmm....

I-Man said...

Deep Tangle Roots

"Science claimed to bring relief from the hostile forces religion promised and couldnt bring... and still end up infinitesimal quanta, studying the King of Kings."

"We must produce, dont come like them chastisement, bring good news. If thats the direction they still choose, then dont be lamenting on the news... tell lie vision news."

Joyful Noise from the Rasta Iya Orda.

"Stay root, water the Earth."

Colin said...

Dont know if everyone caught this, but if you have an hour, Jim Simons has some interesting stories:'s+Infectious+Greed)

ben22 said...


re: online poker

I play at Full Tilt

my avatar...the gnome of course.

ben22 said...

Colin thanks for the link on Simons

I remember reading in bloomberg magazine a few years ago that Simon's realized zeno's paradox when he was 5 or 6 years old.

Anonymous said...

interesting read here- the death of the Stock Market? Or at least its original purpose-

the piece on Facebook- interesting, as I had not really delved into the GS investment (and subsequent million $ foreign investors)- maybe the stock market has outlived it usefulness and is in its present form just a sham . . .or a mere shadow of what it supposed to be or once was . . .

Anonymous said...

. . .and from the article it appears that unregulated markets for ownership stakes are gaining ground-

guess that's what happens when any chump can buy stock on the NYSE

Anonymous said...

Speaking of unregulated markets for ownership stakes.....crowdfunding.

AmenRa said...


Interesting article. The market may have lost its way. The fact that many prefer to stay private says a lot. Investing in company because of its growth potential still exists but the bulk of trades are for short term profit these days.

gristle said...

Amazing! "The hottest company in America" is "worth" $50 billion.

If wasted time is worth that much, then where's MY paycheck?

Pelosi Galore said...

I heard the President say he'll create jobs through imagination...

Jennifer said...

Yeah...imaginary jobs.

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