A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
Creditcane™: I was in the building but kept getting lost.
SPXSpinning top day (evening star start?). Midpoint above EMA(10). Above all SMA's. Tested but failed the 14.6% retrace (1319.09). New high on daily 3LB (reversal is 1256.88). QE2infinity. "JBTFD. Don't question it. Just do it."
DXYBullish long day. Midpoint below EMA(10). Held the 0.0% retrace (75.63) from 11/4/10. Below all SMA's. No daily 3LB changes (reversal is 76.33).
VIXTakuri day. Midpoint below EMA(10). Still below all SMA's. New low on daily 3LB (reversal is 20.21). Still below monthly 3LB & weekly 3LB mid. Still in the "no fear" zone.
GOLDSpinning top day again. Midpoint above EMA(10). No test of 0.0% retrace. Still above all SMA's. No daily 3LB changes (reversal is 1392.80). Holding above upper trend line. Must have the precious.
EURUSDBearish long day. Midpoint above EMA(10). Still above 1.3870 (the 61.8% retrace). Above all SMA's. No daily 3LB changes (reversal is 1.3978). Is the run up finally over?
JNKBearish short day. Midpoint above EMA(10). Now above all SMA's. Closed below its 50.0% retrace (40.42). Still below lower trend line. No daily 3LB changes (reversal is 39.87).
IQIBearish short day. Midpoint above EMA(10). Still below SMA(89). Holding above its 23.6% retrace (11.68). No daily 3LB changes (reversal is 12.30). Still above its weekly 3LB mid (11.76).
10YR YIELDBullish long day. No test of 0.0% retrace at 37.44. Still above SMA(21). Midpoint above EMA(10). Held the upper trend line. New high on daily 3LB (reversal is 32.12).
WTISpinning top day again. Still above all SMA's. Midpoint above EMA(10). No test 0.0% retrace. Holding above the 14.6% retrace (103.64). No daily 3LB changes (reversal is 106.41).
SILVERSpinning top day. Still above all SMA's. Midpoint above EMA(10). No test of 0.0% retrace. Holding upper trend line. No daily 3LB changes (reversal is 35.86).
BKXBullish short day. Midpoint below EMA(10). Tested and held SMA(89). Above its 38.2% retrace (51.48). No daily 3LB changes (reversal is 53.31).
24 comments:
Copied over from the previous thread:
I wouldn't ever group anyone alongside Thor...that guy is in a league all his own and he's the MVP.
I think everyone here is decent and good in there own ways.
I'm heading out to the last bastion of Capitalism in this country: Warrenton/Roundtop Antique Festival (to hang out with my wife). I'll be back Sunday and will post stuff. Will try to get something longer term on the Yen.
Once again....won't bet against anyone named Shaka Smart. Go VCU.
Would love to see OSU and Kansas go down at this point....Make it a real free for all.
Peace out. AT.
Heels making a statement here.
Go GOATS~
>> I'm heading out to the last bastion of Capitalism in this country: Warrenton/Roundtop Antique Festival
I hear Bernanke put a bid under all Victorian settees.
Karen-
great link that you directed to Ben. I like this:
"Isn't it great when the future is this easy to predict? Who knew it would be this easy to mint billions in profits--and everyone can win by piling in on the same side of the trade. Just bet against the dollar and bet on permanent, raging inflation in tangibles and equities, it really doesn't matter: everything is going to the moon as the dollar inevitably plummets toward zero."
no doubt, can it really be that easy? It's like the housing bet, a lock and a win, just buy- ROR
so . . .my take, being in physical PM's, just buy and hold. It's going to be there with you no matter what the $ does. But all the paper nonsense, ETF's, stocks, are going to take a header, sooner or later because the dollar will eventually rally, maybe sooner than we think.
In any event, they should make all paper assets in, at minimum, "rolling papers" quality- then, regardless of its value, you can always roll a nice big blunt with it and smoke it.
What better way to make people forget their losses?
In any event we have Obama talking to the Brazillions. With the Brazillion dollars, all our problems may be solved- ROR
h/t- CV
...So what is this stock doing north of $22 a share? How Can This Be Possible?
In a world where single-stock research is rapidly becoming extinct, drowned by the massive waves of quant funds and computer generated trading, the above detail – that this company is soon to become extinct – has been entirely forgotten.
Don’t take our word for it: look at these references to WHX in articles titled “Best Yielding Stocks”, “Top Net Cash Flow Stocks”….etc., where it is compared to other stocks that …… well ….. won’t cease to exist on April 2015. So the computers go about their merry way, (We’re convinced that, as well as executing most trading, most of these articles are written by computers, too.)
Premise: Hunger for yield: (12/3/2010)
http://finance.yahoo.com/news/Hunger-For-Yield-Props-Up-indie-4143308691.html?x=0&.v=2
Premise: Highest yielding sectors: (11/29/2010)
http://finance.yahoo.com/news/HighestYielding-Sectors-indie-1660524582.html?x=0&.v=1
Premise: Watch for gains:
http://www.zacks.com/research/get_news.php?id=013l1139
This must be a first! … An analyst Citron agrees with. You can’t fault Ray Jay for putting an “underperform” on this issue, with a 10 target, when the stock was 22 in May. Even though Ray Jay was the underwriter for this issue, the facts are just the facts. However, in the case of a normal stock, a 10 target wouldn’t be subject to depletion. In the bizarre world of WHX, the two quarterly distributions since the date of that target actually bring it 1.44 closer to zero. So in current terms, this Ray Jay’s 10 target is really now a market-adjusted $8.56....
on WHX
http://www.citronresearch.com/
Wow... after watching Kentucky/OSU just now, its like I've already seen the championship. What a game.
I-Bro,
no kidding, right?
nip 'n tuck all the way thru the 2nd Half, UNC/UK should be interesting tilt..
ibid.
(AP:SPRINGFIELD, Ill.) The chief executive of Caterpillar wrote a letter to Illinois Gov. Patrick Quinn raising the possibility the heavy equipment company could move out of Illinois because of concerns that the direction the state is heading isn't favorable to business.
In a letter to Gov. Pat Quinn obtained Friday by The Pantagraph of Bloomington, Doug Oberhelman said officials in at least four states have approached Peoria-based Caterpillar about relocating since Illinois raised its income tax in January.
"I want to stay here. But as the leader of this business, I have to do what's right for Caterpillar when making decisions about where to invest," Oberhelman wrote. "The direction that this state is headed in is not favorable to business, and I'd like to work with you to change that."
Oberhelman wrote he has been called, cornered in meetings and wined and dined. He said he had never considered living anywhere else or the possibility of Caterpillar relocating.
"But I have to admit, the policymakers in Springfield seem to make it harder by the day," he wrote.
Quinn spokeswoman Brie Callahan said Friday the governor plans to discuss the letter with Oberhelman on April 5 when the two meet at a conference in Peoria.
"The governor welcomes frank and open exchanges between the business community and government, and we are always open to new ideas that can help our businesses grow, innovate and create jobs," Callahan told the Pantagraph.
Along with the letter to Quinn, Oberhelman sent correspondence the company has received from leaders of South Dakota and Nebraska.
"I stand ready to help convince you to relocate or expand in the fiscally conservative, low-tax Lone Star State," wrote Texas Gov. Rick Perry in a Jan. 24 letter.
Caterpillar spokesman Jim Dugan tells The Pantagraph the letter shows Quinn that Oberhelman wants to be involved in finding solutions that benefit the company, which employs 23,000 people in Illinois...
http://news.ino.com/headlines/?newsid=68977676832710
http://www.nytimes.com/2011/03/26/business/global/26shipping.html?_r=2&ref=business
"Fearing the potential impact on crews, cargo and vessels worth tens of millions of dollars, some of the world’s biggest container shipping lines have restricted or barred their ships from calling on ports in Tokyo Bay over concerns about radiation from the damaged Fukushima Daiichi nuclear power plant."
I think the site would benefit if posters kept a few things in mind.
People don't really like drama queens. There seems to be some here.
Really long posts usually just cover the same ground multiple times. Keep it short and sweet.
If someone disagrees with you, it is ok. You might listen to what it is they are saying.
@Anon
I rather prefer a "free for all" type environment...
If it were a BAR, I prefer some sawdust on the floor & a jukebox (that only takes quarters)...
But that's just me...
If a number of people (here), express to me that they prefer a "wine bar"... Then I'm happy to move on and find a honky tonk...
If someone disagrees with ME, it is ok... I always LISTEN to what others are saying... Tho I can't say I always agree...
The ONE THING that the society I grew up in has NEVER ACHIEVED in taking away from me are my 1st Amendment rights (tho these days - it seems a lot of people want to try)...
I reciprocate that by honoring the 1st Amendment rights of others...
It seems to me that any attempt to force ORDER upon chaos will end up achieving the exact opposite...
Thanks for your time & input though! :-)
CV
BTW...
Sorry for the LACK OF (weekend thread)...
Got a ***tload of chores today...
Plus - OSU lost last night (so I just went from FIRST in my brackets, to the back of the bus)...
C'est la vie!
Follow London's Biggest Demonstration In A Decade As 300,000 Protest Austerity And Public Sector Cuts
http://www.zerohedge.com/article/follow-londons-biggest-demonstration-decade-300000-protest-austerity-and-public-cuts
Austerity protests!!!!????
YGTBFKM!!!
---
Well, as I recall.. CV has been "fertilizing" the notion that the WILL OF THE PEPOLE (GLOBALLY)... is to NOT be IN FAVOR of AUSTERITY (especially if they've been PROMISED a pension &/or benefits)... That said... (It's irrelevant that I'd prefer the EXACT OPPOSITE behavior - and have EXPRESSED as such for some time now)...
Weird... HUH?
So LATELY... I've succumbed to the WILL OF THE PEOPLE (the 'dupes' who believed that they'd been promised something)...
In planning my fiscal & behavioral patterns (thereby - EXTRAPOLATING MARKET BEHAVIOR based on the aforesaid "sound/or unsound" WILL OF THE PEOPLE...
Well... I COULD make an attempt to reference anyone to a particular post I'd made before which PREDATED my nuance towards the subject...
But I'm not going to bother...
101.618% of you reading this right now won't even REWIND enough to make an attempt to understand what CV is/was saying...
So...
To SPARE all of you from the further HORRORS of...
" People don't really like drama queens. There seems to be some here.
Really long posts usually just cover the same ground multiple times. Keep it short and sweet.
And especially, that this comment doesn't fit that criteria...
--HERE IS THE FOLLOWING NOTIFICATION--
This blog will be OFFICIALLY DELETED as of next Friday (April 1st - 'seemed' appropriate to me)...
When it is DELETED, all former links, comments, & correspondence will be lost to oblivion...
I'm doing this with the 100% confidence that amongst you all, there exists the VERVE to sail your own Mayflowers, plant your seeds, and establish your own colonies...
Frankly - It's NOT THAT HARD!!!... CV did it (and I'm a f***ing imbecile drama queen for crying out loud)...
But don't delay!
You're being given more chance than CV ever had to cobble something together...
I FULLY expect somebody to TAKE IT TO THE NEXT LEVEL (otherwise - what's the point?)...
Good luck bloggers/traders!
AMEN/ANDY - I'll send you some personal e-mails to help you SMOOTH the process... But consider that there will also be a massive DATA dump here, in short order...
Some might consider the DATA DUMP to be valuable... But it is apparent to me that some ANONS seem to take 'thought sharing' for granted... (unless it conforms to their 'wine bar' mentality)...
---
CV will be seeing the rest of you 'around the way'... It was nice knowing you all!
:-)
speaking of 'wine bar'-mentality..
"..."Recovery may be faster than some think. The key is the water flow through the land, which varies by region," he said. "There is also some evidence that light salt can actually help crops grow, though this is obviously in far greater amounts."
The 2004 tsunami ravaged rice fields in Indonesia's Aceh province, and scientists made dire predictions of years without a crop. But many recovered quickly.
"Thank God, we were able to harvest rice just one year after the tsunami decimated my rice fields," said Sulaiman Abdullah, 55, who farms a third of an acre (1,300 square meters) in the village of Beuradeuen.
"And the quality is even better than it was before, maybe because the mud, garbage and sea water brought in by the wave made the land more fertile," he added. "The same tsunami that first destroyed our lives was in the end a blessing of sorts."
Even if the soil recovers, farmers in Fukushima prefecture _ known for the light and sticky "koshihikari" strain of rice preferred by many Japanese _ face another problem.
Radiation from a damaged nuclear power complex has found its way into vegetables, milk and the water supply. Japanese consumers are notoriously fickle about food safety and may shun Fukushima products, even if health experts say the radiation is not a threat.
Up and down the tsunami-ravaged coast, a greater concern may be manpower.
Many of the tsunami victims came from coastal families that have farmed for generations. Here in Miyagi prefecture, the state that includes Sendai and Natori, farmland was converted from swamps about 400 years ago to generate funds for the local ruler.
But the younger generation increasingly doesn't want to farm. The average age of farm workers in Miyagi topped 65 last year, according to a prefectural survey.
Now some older farmers, their homes gone and land in tatters, are saying they will call it quits.
"I'm worried that a lot of these elderly farmers are just going to leave their fields and not come back," said Masao Takahashi, an official in the Miyagi office of the Japan Agricultural Cooperatives, a politically powerful national network of farming groups.
In Natori, 60-year-old rice farmer Kikuo Endo points to a shed full of ruined farm equipment, which he estimates was worth 10 million yen ($125,000). He doesn't know if insurance will cover it.
"People shouldn't give up, but I don't think I will farm again," he says. "It's time to pass the baton to the next generation."
There may not be one. His three sons, he said, have abandoned the fields and moved to the city...."
http://news.ino.com/headlines/?newsid=68977683066791
also, that Butler game was great..!
ibid.
CV-
Bummer on the delete dude. Anon's comments at 2:12p aren't representative (of me at least).
Thanks for the (no small) effort on the host and posts. I've saved links, bought books, now own an upright freezer (small step) and fielded my first (bread and circus) fantasy teams evah in the last 2 years thanks to this honky tonk.
Nothing taken for granted here ...
No deletion inna this Iration...
Roll call, Lion.
http://www.youtube.com/watch?v=la5-wx2_PxU&playnext=1&list=PL1FDFC2561B7FB87C
You cant delete this, CV. A selfish act, it would be.
C'mon mon...
Trod on lion, trod on...
U.K. Feb. Retail Sales Fall More Than Expected
3/24/2011 5:53:58 AM U.K. retail sales volume, including automotive fuel declined 0.8 percent in February from January, the Office for National Statistics said on Thursday. Economists had expected it to fall 0.6 percent, reversing a 1.5 percent rise in January.
Retail sales recorded an annual growth of 1.3 percent in February. It slowed sharply from last month's 5.1 percent expansion. The consensus forecast called for an increase of 2.4 percent.
Excluding automotive fuel, retail sales volume decreased 1 percent on a monthly basis, while it grew 1.2 percent on a yearly comparison. Economists were looking for a monthly fall of 0.6 percent and an annual growth of 2.5 percent.
German Feb. Import Price Inflation Rises Slightly
3/25/2011 3:17:15 AM Germany's import price inflation rose unexpectedly to 11.9 percent on a yearly basis in February from 11.8 percent in January, the Federal Statistical Office said on Friday. Economists had expected the annual rate to slow slightly to 11.6 percent.
On a monthly comparison, import prices climbed 1.1 percent in February, down from last month's 1.5 percent increase. The consensus forecast called for an increase of 0.9 percent.
The index of import prices, excluding crude oil and mineral oil products, was 8.8 percent above the level of a year earlier. At the same time, it rose 0.5 percent on a monthly basis.
Export price annual inflation stagnated at 5.4 percent in February. Month-on-month, the increase was 0.4 percent compared to a 0.8 percent rise in January.
http://www.rttnews.com/CorpInfo/EconomicCalendar.aspx
Page 6.
Core personal expenditure up .8% but personal expenditure up 2.6%. So food and energy are taking money away from savings, buying household improvements, and things that improve your long-term outlook. Same thing is happening in Europe, not just England. Take a look at the world figures for last week. The globe has taken on the face of cost-push inflation.
It has been suggested to not bet against anyone named "Shaka Smart," but at this point I think that team is in over its head.
If they somehow beat Kansas, it will be the single greatest upset in the history of College Basketball. Would be fantastic to see and it would also drop the value of FF4 tickets at Reliant Stadium in Houston. The current value of tickets is obscene...
AT,
those Tix are ~600 for 'obstructed view' (was hearing tell of)...
but, yes, it would be awesome to see VCU win..
I'm taking them, + the pins, just, for good measure..
AAIP
HOLY SHIT.
VCU takes out Kansas....
Ummmm....
Guess you still don't bet against anyone named Shaka Smart....
Either Butler or VCU will play in the Championship game....
I LOVE LOVE LOVE March Madness.
"...Caterina found it unacceptable that the children would go to bed without supper. Speaking in rapid Italian, she made her feelings clear to her son.
"Mom said, 'Bruno, you must feed them the pasta!' " Serato recalled.
When he discovered that this meant feeding around 70 children, he demurred. But his mother insisted. He went back to his restaurant and prepared 70 pasta dinners to serve at the club.
His mother helped him that first night, and Serato has maintained the ritual nearly every night for more than six years -- even through the recession.
The economic downturn was a challenge, though. Serato lost 30% to 40% of his customers, and the number of children he fed each night more than doubled. He often found himself giving away more meals than he served in his restaurant, and he was forced to refinance his home to keep going. But Serato found that his work with the children helped sustain him, at least on a personal level.
"So many nights ... it was not too many customers," he said. "[To] know that I served 150 kids ... it made me feel better."
Today, Serato's business has rebounded, and his program feeds nearly 200 children, in two locations, seven days a week. He also pays for drivers to transport the kids to the Boys & Girls Club, and he has purchased another van. All told, he estimates that the endeavor costs him around $2,000 a month.
Do you know a hero? Nominations are open for 2011 CNN Heroes
Michael Baker, the executive director of the Anaheim Boys & Girls Club, says many of the "motel kids" he serves depend on Serato's meals. He also relishes the irony of the situation.
"These are some of the poorest kids in Anaheim eating from one of the most exclusive restaurants every night," he said. "I love that!"
Carlos Gomez, 12, has lived in a motel room with his family -- a total of six people -- for almost his entire life. He and his younger brother Anthony often eat Serato's pasta, and his father, Martin, says it's a relief to know that his children can get a free meal.
"I no longer worry as much, about them [coming home] and there being no food," he said. "I know that they eat over there at [the] Boys & Girls Club."
This spring, Serato plans to expand his program to an additional 100 kids a night, and he will partner with another organization to give 100 children three meals a day.
He is also calling on other restaurants around the country to work together to feed "motel kids." He believes that providing just a few dinners a night could make a significant difference.
"Every restaurant in the country -- Chinese, Indian, Mexican, French -- let's do it all together," Serato said. "We would have no hungry children."..."
http://www.cnn.com/2011/LIVING/03/24/cnnheroes.serato.motel.kids/index.html?hpt=Sbin#
ibid.
Post a Comment