Creditcane™: You can feel me in the room. You can only see me in the corner of your eyes.
SPXDoji day. Midpoint below EMA(10). Tested and held SMA(89). Failing the 38.2% retrace (1241.13). New low on daily 3LB (reversal is 1284.59). QE2infinity. Further below monthly & daily 3LB mids.
DXYHanging man day. Midpoint above EMA(10). Tested and failed the 61.8% minor retrace (78.16). Holding above all SMA's. No daily 3LB changes (reversal is 77.26). Not confirming the monthly 3LB reversal up…yet.
VIXBearish short day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed its 38.2% retrace (33.51). No daily 3LB changes (reversal is 48.00). The grip of the "fear" zone is strong.
GOLDSpinning top day (possible bullish harami). Midpoint below EMA(10). Tested and held its 38.2% retrace (1714.40). Still below SMA(21,55,89). No daily 3LB changes (reversal is 1639.80). Must have the precious.
EURUSDBullish short day. Midpoint below EMA(10). Failing all SMA's. Still failing its 61.8% minor retrace (1.3596). No daily 3LB changes (reversal is 1.3707).
JNKBearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and held (barely) its 38.2% retrace (37.62). No daily 3LB changes (reversal is 39.51).
10YR YIELDSpinning top day. Tested and failed SMA(55). Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). No daily 3LB changes (reversal is 22.32).
WTISpinning top day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 50.0% retrace (97.35). No dally 3LB changes (reversal is 97.79). Not confirming the monthly 3LB reversal down.
SILVERBullish short day. Failing SMA(21). Midpoint below EMA(10). Tested and held its 38.2% minor retrace (31.85). No daily 3LB changes (reversal is 36.58).
BKXSpinning top day (possible bullish harami). Midpoint below EMA(10). Failing SMA(55). Tested and held its 50.0% minor retrace (37.51). No daily 3LB changes (reversal is 36.51).
HYG/LQDBearish short day. Tested and held SMA(55). Midpoint below EMA(10). Holding above its 61.8% minor retrace (0.7643). No daily 3LB changes (reversal is 0.7966).
USDJPYSpinning top day. Midpoint below EMA(10). Tested and failed SMA(55). Failing its 61.8% minor retrace (77.497). No daily 3LB changes (reversal is 75.70).
EEMBearish short day. Midpoint below EMA(10). Failing all SMA's. Still failing its 38.2% retrace (40.13). No daily 3LB changes (reversal is 42.80).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
21 comments:
JoePa has lung cancer
strange how this stuff comes in bunches
have a good weekend all
@ben
I shoulda went to school to learn how to be a 'publicist'...
Seems that where the money is these days...
I'm developing nose cancer from the constant smell of DEUCES piled high & deep in the name of WTF ever...
@CV, good call on OSU vs. IA State.
- Whammer
@Whammer
lol
It happens every year... These aren't 'professionals'... It's rare to find a group of kids who know how to close the deal...
Now I pretty much expect LSU to lose to Arkansas when that game comes up...
All the while, the Houston Cougars will be standing there "Look at us! Look at us!... We're the only undefeated team!"
Meanwhile - the BCS committee ("committee" - don't you love that word?)... will be sitting there trying to reason... again... to everyone, that the current, bogus system of preferential schools & preferential payouts, IS essentially a PLAYOFF system & it should be left alone (with THEM making all thge money of course)...
I'm trying to remember the last PLAYOFF system where, if you were unbeaten and everyone else had a loss or two, you WEREN'T playing for the title...
All I can say is...
Go HOUSTON COUGARS!
&
Go ARKANSAS... beat LSU!
http://www.bbc.co.uk/iplayer/console/p00lh2jc
"committee" - HA!
It's hard enough if you lock 10 people in a room together getting TWO of them to decide what time they should break for lunch...
Oh... but Obama & the Dems think it's a good idea though... To give it more prestige, let's call it a "SUPERCommittee" (you know - like "double secret probation")...
Then if the Supercommittee can't come to terms, just appoint a czar... That's the 'free & democratic' land that we live in...
The only thing that I CANNOT conscientiously object to about it all is that it was the very same 'democratic elections' that put the fools in office to make all these decisions to begin with... That's assuming that your vote actually counts & that it's not run by DIEBOLD machines...
Well, then I suppose the 'media mind benders' ought to stand up and take a bow (together with the 'media mind bendees')... I'll just be over here in the corner being a good little 'media mind BENDOVER...
"These are not the droids you are looking for..."... "Carry On..."
& if you happen to belong to the church of "skittle deucing unicorns who all have perfect pitch when it comes to singing kumbaya"... well.. think about it...
Even in pop culture today, just about everything, behaviorally, points in the opposite direction of cooperation...
Shows on TV...
- Survivor
- DWTS
- Amerikan Idol
- Great Race (or whatever that show is called)
All basically deal with ELIMINATION... Whittle it down to last man standing (who gets to take home all the booty)...
The only 'cooperation' that goes on in Survivor (with the tribes), is done in a conniving sense & in a spirit of if it happens to be expedient for your own personal gain to put on airs of cooperation, you do it...
As I said earlier this week... In financial markets, it'll come down to JPM & Goldman Sachs in the end...
Why?
Well... It's easier to "fix" a boxing match than it is to "fix" a football game...
Well... It's easier to "fix" a boxing match than it is to "fix" a football game...
that's exactly, what the 'Cained Peep have been Sleeping on--during the S&P 500-ization of the, formerly, American Economy..
what's, almost, as amazing, is that there are many, still, that pine for the 'daze' of the "Clinton-Era"--the Era that saw 'Roll-Up' as the 'new' Watchword on Wall St. ... among other, of numerous, ills..
AAIP
cv--,
btw, that Cyclones v. Cowboys was a good one~
Iowa St. played hard..
what amazed me about that 'Spread', was that one would had to have thought that ISU was, still, the 'doormat' they were--a couple of years ago..
but, really, good of you for pointing that out.~
ibid.
@AAIP
The cyclones can wreak havoc when they want to...
I underestimated them earlier this year when I took Iowa going in there and got the doors blown off...
I know they can 'ball', but I think more important was that I was fading the Vegas Angle of all of the johnny come latelies who were just hopping on the OKSU train...
One of the more dangerous situations around is when you're a newcomer (like OKSU) who is on the verge of something special, to have to go in ON A WEEKINGHT and play in front a hostile crowd & team that considers this game their SUPER BOWL...
It's almost frighteningly unequal (in the opposite way of how the public sees it)...
Good game anyway...
Sad thing is... they'll probably just blame it on the kicker...
Same thing ruined Boise State last year...
Weekly 3LB Update 11/18/11
Ra,
on $spx, am I reading it right that 1246-1247 is the mid line reversal? that just happens to be roughly the bottom of the rising triangle line by 12/5.
wow, those were some 'nice' Results out of NCAA-land...
USC traveling N. and shooting Ducks surprised me..
would have, less so, if they were in SoCal..
though, now that I think about it, I heard that, similar, sentiment, more than once, over the last few days..
~~
Baylor over OU was sweet, too..
also, was good to see Michigan handle the 'Huskers, and PennState put down OSU..
UVA over the Seminoles was pretty amazing, as well..
ibid.
ben22
1247.52 is the monthly 3LB mid and is where long term sentiment changes from bullish to bearish.
@AAIP
I pretty much was saying it all week long...
When the going gets tough... the tough get CHOKING'
See that?
- #2 spot is vacated (OKSU), what then happens? a void is created to claim the prize...
- #4 Oregon - CHOKE
- #5 Oklahoma - CHOKE
- Hell, even #3 Alabama could hardly put away Georgia Southern
Next up?
Arkansas beats LSU
---
Now what do we do with the UNBEATEN HOUSTON COUGARS???
Answer coming from BCS 'geniuses' in 5...4...3...2...
Hey - don't forget about us... we CHOKED too...
cv--
yes, I did see this: "When the going gets tough... the tough get CHOKING "
and, really, tis' amazing~ both, that you laid it out, and that it happened--so broadly..
tho, re: Razorpigs, I'm, still, not so sure..
still think LSU is under-rated..
~~
but, past that, this...
http://www.amazon.com/Vultures-Picnic-Petroleum-High-Finance-Carnivores/dp/0525952071
seems interesting..
http://www.mediaroots.org/media-roots-tv-greg-palast-vultures-picnic.php
http://search.yippy.com/search?query=Greg+Palast+Vultures+Picnic&tb=sitesearch-all&v%3Aproject=clusty
AAIP
I've got a friend who is a long suffering OKState football fan.
He's been admitting to me all year his nervousness about that team...that they would certainly lose a game or two.
Shocker against the pesky Cyclones.
how about them Trojans?
Pissed off they weren't showing that game in Houston last night...
Rolling up to oregon and beating the ducks on their home turf is TOUGH, TOUGH.
The state of Oregon was always the tough game on the USC schedule back when they had the best teams in College football...
It's impressive....
Barkley is "legit."
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