Creditcane™: Split a piece of wood, I am there. Lift up the stone, and you will find me there. I am Creditcane.
SPX
Bearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above the 38.2% retrace (1241.13). No daily 3LB changes (reversal is 1265.43). QE2infinity. Still above weekly 3LB mid and the monthly 3LB mid.
DXY
Bullish short day. Midpoint above EMA(10). Tested and held the 0.0% retrace (81.02). Still above all SMA's. New high on daily 3LB (reversal is 80.24).
VIX
Bearish short day. Midpoint below EMA(10). Failing all SMA's. Tested and failed its 38.2% minor retrace (21.62). Daily 3LB reversal down (reversal is 23.52). The grip of the "fear" zone has been eliminated (for now).
GOLD
Spinning top day. Midpoint above EMA(10). Holding above its 61.8% retrace (1592.30). Tested and failed SMA(21). No daily 3LB changes (reversal is 1564.10). Must have the precious.
EURUSD
Bearish short day. Midpoint below EMA(10). Still failing all SMA's. Tested and failed its 0.0% retrace (1.2777). New low on daily 3LB changes (reversal is 1.2953).
JNK
Bearish short day. Midpoint above EMA(10). Tested and held SMA(144). Holding above its 50.0% retrace (38.24). No daily 3LB changes (reversal is 38.94).
10YR YIELD
Bearish short day. Tested and held SMA(21). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.68).
WTI
Spinning top day (evening star confirmed but not by much). Still above all SMA's. Midpoint above EMA(10). Tested and failed its 61.8% retrace (101.94). No dally 3LB changes (reversal is 99.68). Not confirming the monthly 3LB reversal down.
SILVER
Bearish short day. Failing all SMA's. Midpoint above EMA(10). Failing its 61.8% minor retrace (29.76). No daily 3LB changes (reversal is 27.24).
BKX
Hanging man day. Midpoint above EMA(10). Holding above SMA(144). Tested and held its 38.2% retrace (41.37). No daily 3LB changes (reversal is 35.94).
HYG/LQD
Bearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Tested and held its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7818).
COPPER
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Tested and failed its 61.8% minor retrace (3.452). No daily 3LB changes (reversal is 3.615).
BAC
Spinning top day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 0.0% retrace (5.03). No daily 3LB changes (reversal is 5.60).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
18 comments:
http://money.cnn.com/2012/01/04/news/economy/world_richest/index.htm?iid=HP_LN
Americans make up half of the world's richest 1%
...There are two reasons for this which are not touched on in the article. First, since about 1900 the US has been just a little more productive than other countries in the world. Like the magic of compound interest, after a century of this, we are now much richer because Americans have been more productive.
Second, we've been allowed to keep more of our income.
Third, like good Keynesians, we've built a lot of this on debt since 1959...
http://www.reuters.com/article/2012/01/07/us-hedgefund-paulson-idUSTRE80601L20120107
(Reuters) - Hedge fund manager John Paulson lost more than half of the capital in one of his firm's biggest funds, people familiar with the number said Friday.
His Advantage Plus fund, which was the firm's worst performer through 2011, ended the year down roughly 52 percent. In 2010 that portfolio ended up 17 percent.
The Advantage Fund, which is the unlevered version of the Advantage Plus Fund, dropped 36 percent after an 11 percent gain in 2010.
"This will certainly go down as one of the largest losses in terms of dollars and percent in the history of hedge funds," said Bradley Alford, chief investment officer at Alpha Capital Management, which invests client money with Paulson. "When you see John Paulson cut you in half in a matter of months, after 17 years of stellar performance, you have to wonder the risk that hedge funds take to attempt to stand out in crowd of 10,000+ others."
BinT,
re: 'Hedge Funds', in general
what surprises me is that peep are so willing to pay such massive Fees for 'Returns' --
In 2010 that portfolio ended up 17 percent.
an 11 percent gain in 2010. --
that they could, readily, generate themselves--employing Covered Call Writing..
http://www.optionseducation.org/strategy/covered_call.jsp
AAIP
O, as if it matters, re: NFL
I'll take Teams that remind one of Large Cats..
+the Pins, were applicable~
CIN/HOU seems like an 'Over', as well..
wouldn't be surprised if NO/DET is an 'Under'..
btw, where went cv-- ?
and, his 'Playoff' pix?
ibid.
@Andy T
Hey Andy... I gather that you're more a "Saints" fan than a "Texans" fan... Nevertheless... You ought to be in WONDERLAND today with regards to the playoffs...
I hope you spend the afternoon in the rowdiest sports bars in Houston & "live it up" a little (then - call a cab for the drive home)...
---
Then... Next week... we can talk about how the Texans will meet their Waterloo in Charm City...
@AAIP
I HATE the calls on the playoffs this weekend...
Here's the quickie...
- My teams at the beginning of the year were SAINTS, PATS, RAVENS, & PACKERS
- PATS, RAVENS, PACKERS all have byes
- So I'll just stick to protocol and lay the points with the Saints...
...as for the other games
- I'll lay the points with the Giants (because my 'protocol' at the beginning of the season was to say the Falcons are overrated - especially on the road)
- I 'missed' on my prediction that the Eagles would win the NFC East (but I feel co-erced into having made that call because although my 'distrust' of the Eagles is well documented, I fell into the Obama loop of popular opinion there & didn't want to be labeled a lunatic at the beginning of the season)... Actually, if you look back ON THIS BLOG to the end of July (it's in the archives), I'd picked the COWBOYS to win the NFC East & the LIONS to be a playoff team... Both of which I abandoned by the time I made my 'official' picks... Cowboys missed by losing the last game of the season to the Giants (which I'd sided with the Giants, in the end, as you recall last week)... The LIONS are in the playoffs... So anyway... I'll take the Giants over the Falcons giving the points (it would be my #1 play out of 4 games this weekend)...
- I'd picked the COLTS to win the AFC South, but that was assuming Peyton Manning was at the helm... I can't be held responsible for that... Texans are in by default... NOBODY (except for liars) had the Bengals in the playoffs... The Bengals have NEVER won a road playoff game in the Marvin Lewis era... So I'll take the Texans (& lay the points) over the Bengals... What ought to be interesting to ANDY T, is that Andy Dalton comes in (who hails from Katy, Tx.), so I'm sure there are some mixed emotions going on there... I think it's gotta be "fun" for Texans & Houstonians & Katy'ins in any case...
- I've said already I expect the Saints to go to the Super Bowl... 10.5 is a lotta pins, but I don't think the Saints will ever forget losing to Mutt's Hawks last year... I think the Saints will ROMP here & eventually go to the Superbowl (passing thru Lambeau in the process)...
- The Steelers have to play Jesus Christ himself (Tebow)... My mind tells me that the Broncois are TOTALLY outmatched here (as I've always said that as much as I like 'Tebow'... He would get EXPOSED against teams that have elite QB's like Rodgers, Brees, Brady, or Rothleisberger... The Steelers are very dinged up here & I REALLY THINK that THEY THINK they can win EASILY, but are really looking only to survive another week... Furthermore, I said in my PRE-SEASON write-ups that Super Bowl LOSING teams (like the Steelers last year), tend to not do so well in the follow-up... Basically, the Steelers are LUCKY to be here & they're LUCKY to be playing the Broncos... They'll probably win... BUT I'LL TAKE DENVER & THE PINS...
cv--
yes, I like DEN & the NYG, as well..
I think Dalton 'going Home' might be pretty huge..
+ the Queen City 'kitties' could notch their 1st Playoff W, since '90 ..
the Texans haven't, even, been aroung that long.. :)
also, for some reason, AM700 out of Cincy has been 'coming in' (reception-wise, in this area)
has been funny to hear the various 'personalities' getting geeked-up for the Game..
certainly, better than hearing the same ol' Pi**ing 'n M**ning from the Philly 'Talent'..
so, I'm taking that 'as a sign', as well~
ibid.
FWIW...
I'm only ACTUALLY putting "fiats" on:
- The Giants
- & 'probably'... The Broncos (tho I think the Steelers will win)
@AAIP
FWIW#2
Ask yourself "how" (in tarnation) the Steelers are (-6.5) at Cleveland & then (-9) at Denver... In the playoffs...
BTW...
Here's the "link" to the PRE-PRESEASON PICKS post that I put up here on this blog...
http://traders-anonymous.blogspot.com/2011_07_24_archive.html
---
Various differences occurred before the final picks (which were on my fantasy sports blog a month later)...
- In the PRE-PRE SEASON I went with Ravens-Saints as a Superbowl scenario... I only later substituted the PATRIOTS after Myrna Kraft died... Didn't want to fuck with voodoo...
- The 49ers were not on my OR ANYONE's radar screen... Neither were the Bengals... Both deserve a lot of credit... Cincy owns the "Jets" spot by only one game... The Chargers suck & Norv Turner deserves to be fired... It was a bad pick...
- In July (when that link was published) it was A MONTH BEFORE anyone even knew that Peyton Manning was having problems... So the "Colts" demise is excuseable...
- Anyway... the TOP echelon picks (which are really only what counts), stand firm...
For "old times sake"... This became the OFFICIAL "pre-season picks" post (a month later)...
August 31, 2011
http://fantasy-sports-nation.blogspot.com/2011/08/fantasy-sports-nation-2011-nfl-season.html
Big FUN Day here in Katy, TX.
Playoff fever gripping the town for sure.
Lots of folks in Texans gear/jerseys etc...
It almost feels like a mini-Super Bowl atmosphere. Peeps gathering at folks' homes a la a Super Bowl Sunday.
I mentioned the Dalton angle last weekened....I can't even imagine that kids' emotions/feelings today. He's a legend here in Katy, TX, so yeah there's some mixed emotions.
I'd lay the points on the Texans. I think there's a chance this isn't even close. Could be a perfect storm for Texans as A.Johnson comes back healthy, Foster is rested, Myers (The Center and best lineman on the team) is rested, Jonathan Joseph is rested....etc....
That prediction might look silly in a few hours....but I think the Texans win my 10+.
Love the Saints. I'm worried about them in this game....
I like the under on the saints/lions...it will be more defensive than people think.
cv--
re: Steelers 'line discrepancies'..
EZ answer: the 'Books' are looking for support against heavy pro-PIT wagering..
no?
ibid.
How 'bout dem Texans?
Was a little nervous when the Queens City Kittens (H/T AAIP) scored first and did so sort of easily.
Texans won that game with a solid Defense and very good Running Game.
That's a "portable" game....
Ravens beware....
Andre Johnson actually looked pretty rusty...should be better next week.
Andy T
That game turned on the Bengals with the DT Pick 6 right before halftime.
Weekly 3LB Update 1/6/12
0-2 (1-4)!
though, I think J.J. Watt is my new 'Hero'~
that was an amazing Play/Catch!
Houston played really well, and ever since Marvin Lewis 'challenged' that Spot --that gave CIN a 3rd & 1-- there loomed a foreboding that 'things weren't going to turn out well..'
also, does anyone know why Foster, the Texan's RB, wasn't 'Drafted'?
~~
and, once the NO Offence got rollin'..it was 'lights out' ..
ibid.
Foster was injured in his last lease in college....
He's a dangerous runner right now...as he's still playing on a low paying contract. He's running for a payday right now....
Those are the best kinds of players...hungry.
I'd love to see DEN win, next week..
and, another Home Game, in Houston~
ibid.
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