A place where a skillful caddy always offers cool contemplation when it comes to your "stick" selection.
![](http://1.bp.blogspot.com/-XrEpskQHOtw/Tjm8lcLk2gI/AAAAAAAAMgQ/eGESv5_bH3U/s400/Bear%2BCavalry%2B03.jpg)
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TA1i3jD0fbI/AAAAAAAACXU/7um2KdZN-CU/s320/eye+of+hurricane.gif)
Creditcane™: I'll be in the EU while the US enjoys Labor Day.
![](http://1.bp.blogspot.com/-w-RIYouY1Mw/TmFCbWesqZI/AAAAAAAANXo/wfDbEqjZ6JE/s200/SPX_090211.png)
Bearish long day. Midpoint below EMA(10). Barely held above SMA(21). Tested and failed the 50.0% retrace (1204.58). No daily 3LB changes (reversal is 1254.05). QE2infinity. Below daily & weekly mids. Currently confirming monthly 3LB reversal down.
![](http://4.bp.blogspot.com/-TJ4VxXkE0Ns/TmFCa-NNDXI/AAAAAAAANXg/IpeLt026xyc/s200/DXY_090211.png)
Bullish short day. Midpoint above EMA(10). Holding above its 0.0% retrace (73.51). Tested and held the 50.0% minor retrace (74.67). Back above SMA(55) and SMA(89). No daily 3LB changes (reversal is 75.75).
![](http://1.bp.blogspot.com/-pyf9JPCsN4Y/TmFCakJH5uI/AAAAAAAANXY/RlngBhpiIkQ/s200/VIX_090211.png)
Spinning top day. Midpoint below EMA(10). Still below SMA(21). Failing its 0.0% retrace (45.40). Tested and held its 38.2% minor retrace (33.51). No daily 3LB changes (reversal is 25.25). Still on parole from the "extreme fear" zone.
![](http://2.bp.blogspot.com/-6y7GhbcT8zs/TmFCPZGBjEI/AAAAAAAANXQ/nJR7JW0D908/s200/GOLD_090211.png)
Bullish long day. Midpoint above EMA(10). Tested and held its 38.2% minor retrace (1828.28). Still above all SMA's. No daily 3LB changes (reversal is 1891.90). Must have the precious.
![](http://3.bp.blogspot.com/-3MYdKDdjJMI/TmFCPHnD9bI/AAAAAAAANXI/t2PdjNYftdM/s200/EURCHF_090211.png)
Spinning top day. Midpoint below EMA(10). Tested and held its 61.8% retrace (1.1078). Tested and failed SMA(21). New low on daily 3LB (reversal is 1.1682). Ruh roh SNB.
![](http://4.bp.blogspot.com/-loIybIRyPjA/TmFCMXXjT6I/AAAAAAAANXA/VeBB7Q2VodM/s200/JNK_090211.png)
Bullish short day (closed gap and closed lower). Midpoint above EMA(10). Still above SMA(21). Failing its 50.0% retrace (38.60). No daily 3LB changes (reversal is 39.59).
![](http://2.bp.blogspot.com/-oabUCeZevNA/TmFCLw2vm2I/AAAAAAAANW4/BMUYQaTr66c/s200/10YR_090211.png)
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Made a new its 0.0% retrace (19.96). Daily 3LB reversal down (reversal is 22.71).
![](http://3.bp.blogspot.com/-C0YmQOE_wfU/TmFCLTy6biI/AAAAAAAANWw/oMasGr_UMGs/s200/WTI_090211.png)
Bearish long day. Still above SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (80.32). Tested and held its 50.0% minor retrace (86.00). No dally 3LB changes (reversal is 92.08).
![](http://4.bp.blogspot.com/-LnJs-8anMaI/TmFB7dgrPQI/AAAAAAAANWo/h2vkQ2pzsiY/s200/SILVER_090211.png)
Bullish long day. Holding above all SMA's. Midpoint above EMA(10). Held above its 38.2% retrace (40.74). No daily 3LB changes (reversal is 37.94).
![](http://3.bp.blogspot.com/-Lp8UhYvg3m0/TmFB7HXbe4I/AAAAAAAANWg/vQom4EERRVY/s200/BKX_090211.png)
Bearish long day. Midpoint below EMA(10). Tested and failed SMA(21). Failing its 38.2% minor retrace (38.82). Daily 3LB reversal down (reversal is 39.95).
![](http://1.bp.blogspot.com/-KMy2jrBRihs/TmFB6rqXnhI/AAAAAAAANWY/P7_mTzAIi6I/s200/HYGLQD_090211.png)
Bullish short day. Holding above SMA(21). Midpoint below EMA(10). No test of its 0.0% retrace (0.7427). Tested and held its 61.8% retrace (0.7682). No daily 3LB changes (reversal is 0.7910).
![](http://1.bp.blogspot.com/-Xlt1WroyYWU/TmFB6AThHOI/AAAAAAAANWQ/Bks-QCQhAu0/s200/USDJPY_090211.png)
Doji day (really doesn't fit any description). Midpoint below EMA(10). Failing SMA(21). Held above its 38.2% retrace (76.561). No daily 3LB changes (reversal is 76.46).
![](http://4.bp.blogspot.com/-uF0xijJiNRg/TmFB5j1SVeI/AAAAAAAANWI/CUrP8Z065SA/s200/COPPER_090211.png)
Spinning top day. Midpoint above EMA(10). Holding above SMA(21). Failing its 38.2% retrace (4.164). No daily 3LB changes (reversal is 4.256).
![](http://2.bp.blogspot.com/_XaPHRge5GtE/TG3WyNDKDcI/AAAAAAAAD7s/oGqN2NTLwHY/s320/infinity_symbol.jpg)
IT HAS BEGUN. BE WARNED.
7 comments:
ben22
Bruce Krasting had a post about Solyndra earlier this week before they filed.
http://www.bloomberg.com/news/2011-09-02/bank-of-america-shares-slump-on-concern-of-lawsuit-by-u-s-finance-agency.html
U.S. Said to Prepare Mortgage Lawsuit Against BofA, JPMorgan
17 banks in total.
Remember all of the fuss about the debt ceiling?
http://www.zerohedge.com/news/deja-vu-all-over-again-total-us-debt-passes-debt-ceiling-under-one-month-extension
Deja Vu All Over Again: Total US Debt Passes Debt Ceiling... In Under One Month Since Extension
Hardee har har.
AmenRa,
nice Wrappage/useful Charts..~!
also, AT,
nice Call on that ~"SPX 1200+ is a 'Selling Opportunity'.."
I had fwd'd that one to a few Peep..
AAIP
Ra,
I hadn't seen that, I did catch his comments that Denninger responded to though. Personally I thought Denninger was a little off the mark in some of his response.
@CV
there isn't a way to comment on your blog as name/URL
@ben22
I've disabled comments there for the time being until I get enough content up (& all the links working properly)...
I still have massive amounts of stuff to upload there, so I don't expect to start enabling comments until the season gets underway...
NFL starts next week...
On the weekends, I'm happy to talk football HERE...
But one of the reasons I'm doing the new blog is to AVOID talking football on Amen & Andy's blog uring the week (market hours), & reserve it for the 'corner' (or weekends)...
So if there's something interesting, I'll just pop in a link (for the interested ones to follow), the same way anyone does with any other link that people put up here all the time...
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