AmenRa's Corner

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

Creditcane™: I tried a take down move. It didn't work.

Bearish harami day. Midpoint above EMA(10). Still above all SMA's. No test of 0.0% retrace. No daily 3LB changes (reversal is 1276.34). QE2infinity. Finally conquered 1300? Or is it a trap?

Bullish thrusting day (not morning star because body didn't gap lower). Midpoint below EMA(10). Still below the 14.6% retrace (77.54). Below all SMA's. Next test is the 0.0% at 75.63. No daily 3LB changes (reversal is 78.13).

Bearish short day. Midpoint below EMA(10). Still above SMA(21). New low on daily 3LB (reversal is 20.04). Still out of the "no fear" zone. Currently has a monthly 3LB reversal.

Bearish short day. Midpoint below EMA(10). 0.0% retrace holding. Tested and passed the 38.2% retrace (1328.33). Closed right at the upper trend line. No daily 3LB changes (reversal is 1347.90). Must have the precious.

Bearish thrusting day. Midpoint above EMA(10). Still above 1.3782 (the .09 fibo). Still above all SMA's. No daily 3LB changes (reversal is 1.3609).

Bearish short day. Midpoint above EMA(10). Above all SMA's. Held its 38.2% retrace (40.28). No daily 3LB changes (reversal is 39.63).

Bullish long day. Well above the 14.6% retrace at 33.86. Still above all SMA's. Midpoint above EMA(10). No daily 3LB changes (reversal is 32.36).

Bearish long day. Still below SMA(21) & SMA(55). Midpoint below EMA(10). No daily 3LB changes (reversal is 5129.33).

Spinning top day. Midpoint above EMA(10). Above all SMA's. Made a new 0.0% retrace. New high on daily 3LB (reversal is 335.44).

Bearish harami day. Midpoint above EMA(10). Still above all SMA's. No test of 0.0% retrace. No daily 3LB changes (reversal is 16.25).

Bullish long day. Midpoint above EMA(10). Back above SMA(55). Still hasn't overtaken its 38.2% retrace (12.01). No daily 3LB changes (reversal is 12.30). Still above weekly 3LB mid (11.76).


Anonymous said...


nice wrappage~! as per..


ben22 said...

Yo Ra,

thanks as always.

also, got a little typo up shows

AmenRa's Croner

as if I should be bringing up typos, but figured I'd throw it out there

Anonymous said...

30yr Bond 119.53125 -0.40625 -0.34
10yr Note 119.890625 -0.406250 -0.34

nice price action ..


18 said...

ThX! Ra, might look like "18's" new support may be 1296. Sure hugged 1305 level all day. A bust above 1332 and 18 sez we'll see 1375 (on the Major 18 scale) this year.

Anonymous said...


maybe AR was describing Market action/volume--on the sly..(?)


ben22 said...


he could have been, Ra's a slick dude, and it would also figure the one time I catch a typo it'd be on purpose.


did anyone read that Soprano's link I put up last night? I thought it was compelling.

Any thoughts?

AmenRa said...

Thanks Ben. Fixed.

AAIP: hmmm word of the day.

Anonymous said...


speaking of Organized Crime, see some of..

though, to your Q:, no, didn't read it -- wasn't, really, a Soprano's fan..


ben22 said...


A few years ago I had this idea that MHS would be a great stock due to all the Rx people were eating as three meals a day. I still think that's worth exploring at the right price.

As for Soprano's, it wasn't for everyone, I've always been into the gangster shows/movies, I thought the stories were awesome on Soprano's I was into it from season 1 but after reading that thread I've got a whole new respect for the people that made it, they were true artists.

I also thought JG was fantastic as Tony, right down to the way he would breathe to make the character right.

ben22 said...

also, keep this bookmarked for June

CV said...

I'm bummed that nobody commented on my MUSICAL LINK TO THE CHINESE NEW YEAR (tomorrow)...

That's a totally mellow song...

"Year of the Cat" = "Year of the Rabbit"...

Some Asian cultures acknowledge it as CAT, others as RABBIT...

That's what we enter in to tomorrow...

CV said...


Mixing western & eastern zodiacs...

CV is a TAUREAN (western) + RAT (eastern), with a DRAGON ascendant...

Sir William Shakespeare was a TAUREAN/RAT/DRAGON combo... I'd have liked to have known him... Maybe I did???

karen said...

CV, I am truly enjoying your Year of the Cat link at this moment.. in front of my fire with a glass of Argentinian cab.. lovely! and thank you for pressing the point..

earlier, I was also with mouth watering over the pizza makings..

Andy T said...


Billy D. Shakespeare was only a 'beard,' or, a cover for someone else.

He didn't write anything....

Don't aspire...


What a weird day in Houston-ville.

Sounds like this whole town is going to be covered in snow in 48 hours. It didn't snow here for 20 years before 2004. Now, it's becoming a regular occurrence....funny stuff, that.

CV said...


Don't worry... I don't spend much time "ASPIRING"...

I mostly just "PERSPIRE"... That's where I find the best tranqulity...

And THANKS karen for THE YEAR OF THE CAT appreciation...

Fire, cab, and that song... Man, if someone can't mellow out with that combo, then they are truly UNMELLOWOUTABLE...

See? I think I WAS William Shakespeare... WHO ELSE would pen words like "UNMELLOWOUTABLE" (in CAPS LOCK no less)... :-)

karen said...

Weather/Natural Catastrophe alone, could make any and all of Chet's warnings and cautions prophetic.. I am getting prepared. You think what is happening in Egypt couldn't happen here? Perhaps far, far worse here.. the class of underprivileged is scary.

CV said...

"The latest inflation fighting strategy in a world that has now completely forgotten the threat of "disinflation", and instead is relishing 30 year highs in sugar and 150 year highs in cotton, comes from Belgium where supermarket chain Delhaize has been exposed as coercing 120 franchisers to sell products at a loss. As a result, said franchisers, formerly on very good terms with the supermarket operator, have organized themselves into an interest group with its own steering committee to make their grievances heard. And while the outcome of this escalation will certainly not be pleasant for any of the parties involved, one thing is certain: prices at both Delhaize supermarkets, and Belgian competitors who follow suit, are about to surge as retailers have no choice but to seek avoiding bankruptcy through reindexing prices. Which makes us wonder just how many supermarket stores and grocery retailer in the US use comparable tactics? But have no fear: according to the CPI, food inflation in December at 0.1% was the lowest it has been in five months. And with nobody having the guts to tell Bernanke that the food emperor is completely naked, we are 100% confident that everyone in America will be able to afford the 0.1% increase in food prices."


Post a Comment


This blog should not be interpreted as investment advice of any kind. The authors are NOT representing themselves CTAs or CFAs or Investment/Trading Advisor of any kind. The authors may or may not trade in the markets discussed. The authors may hold positions opposite of what may by inferred by this blog.The information contained in this blog is taken from sources the authors believes to be reliable, but it is not guaranteed by the authors as to the accuracy or completeness thereof and is presented here for information purposes only. Commodity trading involves risk and is not for everyone.