Creditcane™: How long do you really think you can avoid me?
SPXBearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above the 0.0% retrace (1359.44). No daily 3LB changes (reversal is 1365.74). QE2infinity.
DXYBullish long day. Midpoint above EMA(10). Holding above the 38.2% retrace (78.43). Tested and held SMA(21,89). No daily 3LB changes (reversal is 79.67).
VIXBearish short day (possible bullish harami). Midpoint below EMA(10). Failing all SMA's. Failing its 61.8% minor retrace (18.81). No daily 3LB changes (reversal is 21.14).
GOLDSpinning top day. Midpoint below EMA(10). Tested and failed its 38.2% retrace (1721.30). Tested and failed SMA(144). No daily 3LB changes (reversal is 1788.40). Still above monthly 3LB mid. Must have the precious.
EURUSDBearish long day. Midpoint below EMA(10). Tested and failed SMA(21,89). Tested and failed its 61.8% minor retrace (1.3222). No daily 3LB changes (reversal is 1.3063).
JNKBearish long day. Midpoint below EMA(10). Holding above all SMA's. Tested and failed its 50.0% minor retrace (39.86). New low on daily 3LB (reversal is 40.09).
10YR YIELDBearish short day. Tested and held SMA(89). Midpoint above EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).
WTIBearish long day. Still above all SMA's. Midpoint above EMA(10). Tested and failed its 38.2% minor retrace (107.86). No dally 3LB changes (reversal is 106.25). Not confirming the monthly 3LB reversal down.
SILVERBearish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and failed its 61.8% retrace (35.41). No daily 3LB changes (reversal is 33.44).
BKXBearish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 45.05).
HYG/LQDBearish long day. Tested and failed SMA(21,55). Midpoint below EMA(10). Tested and failed its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7908).
COPPERSpinning top day. Midpoint above EMA(10). Holding above SMA(21). Holding above its 50.0% retrace (3.835). No daily 3LB changes (reversal is 3.987).
DJ TRANS AVGBearish long day. Tested and held SMA(55). Midpoint at EMA(10). Tested and failed its 61.8% minor retrace (5165.32). No daily 3LB changes (reversal is 5254.14).
AAPLSpinning top day (didn't confirm hanging man). Still above all SMA's. Midpoint above EMA(10). Tested and failed its 0.0% retrace (547.61). New high on daily 3LB (reversal is 535.41).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
9 comments:
AmenRa,
nice Chartage/Wrappage~
mucho appreciado!~
AAIP
this Chart..
http://3.bp.blogspot.com/-ju7v7hgvsYM/T1E1THH3QVI/AAAAAAAAU0k/hb6KQ-QXFSo/s1600/ndxdaily2.PNG
from "Jesse"..
tells a very specific Tale..yes?
~~
02 March 2012
Corporate Psychopathy: An Interview With One of the Researchers of the Hare Project
This interview was done by my friend 'Davos' who has agreed to post it here in addition to his own site, Psychopathic Economics 101.
I had always felt that there was something not right with one of the higher up bosses I had in a major division of a Fortune 100 company. Now there is little doubt in my mind that he was a psychopath.
He had the verbal acuity to talk his way in and out of almost anything, and was quite proud of it, and of being hard to pin down. And he gathered a subculture around himself, both above and below, of similar personality types and sycophants, with a few captive enablers who were technically very competent. His powerful personal style fatally marked everything.
I left, not because I could not deal with it, but rather because I saw where this all was heading. The only reason he lasted as long as he did was because the CEO was hands off and weak, and the board was servile and largely clueless. His reputation caught up with him and I heard he did not fare well, and ended up being indicted and went to prison. He ruined the lives of thousands of people. To this day he admits no guilt and no regrets, except in getting caught.
It should be said here that just because you don't like or understand your boss does not mean that he or she is a psychopath, or even a bad person. There are places where people who don't like their bosses meet to discuss it. They are called bars, and they meet there every Friday night.
I was interested in what the researcher called The Dark Triad of Personality: Machiavellianism, Psychopathy & Narcissism. ..."
http://jessescrossroadscafe.blogspot.com/2012/03/corporate-psychopathy-interview-with.html
ibid.
So, it felt like 85 degrees yday in Houston....it's been the most unreal winter we've ever seen here. There was absolutely ZERO winter to speak of. The entire months of January and February felt like Apr-May...not even joking.
I wonder what the general economic impact has been on a tropical winter...as the one we had this year across the U.S.
It has to have been a real boost to GDP.
a) People can go out more
b) Construction jobs can continue
c) Less residential money spent on heating oil/natty.
d) Cheaper NatGas prices a huge boost to Chemical co.'s and manufacturers
Global Warming? Bring it...
Hedge Funds & Alternatives
Friday, March 2, 2012
It’s almost all about Apple.
Hedge funds have gotten off to a pretty good start this year, according to the results of a half dozen or so high profile investors that have already reported their results to clients.
More importantly, the early look at performance indicates that it helped to have a big position in Apple, which surged 34 percent in the first two months alone.
Stephen Taub has the full story below.
Top Stories
Hedge Funds off to Good Start in 2012 with Apple
A clutch of big-name hedge fund managers have gotten off to a quick start in 2012. What have they got in common? Apple.
News From Around The Web
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Hedge Funds off to Good Start in 2012 with Apple
March 02, 2012 • Stephen Taub
It’s almost all about Apple.
Hedge funds have gotten off to a pretty good start this year, according to the results of a half dozen or so high profile investors that have already reported their results to clients. Yet none of them are beating the overall market.
More importantly, the early look at performance indicates it helped to have a big position in Apple, which surged 34 percent in the first two months alone.
For example, Steve Cohen’s SAC Capital was up 1.8 percent in February and 4.5 percent for the year. This compares with a 9 percent gain for the S&P 500 during the first two months.
And although he owned more than 2,100 individual issues in his nearly $16 billion equity-oriented portfolio, his $443 million stake in Apple was his largest position entering the new year.
David Einhorn’s Greenlight Capital was up 3.2 percent in February and 6 percent for the year. As of February 29 his largest disclosed long positions were Apple, Arkema, General Motors, gold, Market Vectors Gold Miners and Seagate Technology, according to Greenlight Reinsurance, the insurance company controlled by Einhorn. It points out that investment returns are based on the total assets in its investment account, which are managed by DME Advisors and include the majority of its equity capital and collected premiums.
Ken Griffin’s Citadel, whose funds were up more than 20 percent in 2011, is also off to a fast start. The Kensington Fund is up 5.05 percent through February while Wellington is up 5.20 percent.
Apple accounted for $5 billion of his $44 billion equity portfolio at the beginning of the year, according to regulatory filings.
Dan Loeb’s Third Point Offshore Fund rose 1 percent in February and 4.9 percent for the year. It noted in a monthly report that its five top gainers for the month were Delphi, Apple, a Medco/Express Scripts arbitrage trade, Depfa Bank — a Dublin-based German-Irish bank — and Ally Financial.
Going into March, Apple was Loeb’s fifth largest position. The top four were Yahoo, gold, Eksportfinans ASA — a Norwegian export lender — and Delphi.
Dan Och’s OZ Master Fund, which is managed very conservatively, generated a 1.54 percent gain in February, putting it up 3.15 percent for the year. OZ Europe Master Fund is up 3.84 through the first two months; OZ Asia Master Fund is up 4.90 percent, while OZ Global Special Investments Master Fund has risen 3.19 percent.
One major fund that is lagging the group is Alan Howard’s BH Macro, which invests all of its assets in the Brevan Howard Master Fund. Through Friday February 24 — with three trading days left in the month — he was up just 0.40 percent in February and 1.30 percent for the year.
But keep in mind that Howard is still structured in the same manner that enabled him to generate a 12 percent return last year.
In January it made money mainly in interest rates trading and to a lesser extent in credit trading, according to a report to clients. It suffered small losses in foreign exchange macro trading and in equity trading.
And Izzy Englander’s Millennium, which took a lot of risk off the table starting last August, was up just 0.55 percent in February and 2 percent for the year.
http://www.institutionalinvestor.com/Article/2989389/Hedge-Funds-and-Alternatives/Hedge-Funds-off-to-Good-Start-in-2012-with-Apple.html?LS=EMS620396
AT,
to your Post, re: Weather..
one thing that I have found 'interesting'...We have 'Ski Resorts' up here (nearby), and, for sure, they're 'Conditions' (for Skiing/Boarding/-biling) have 'Blown'..
..Our 'Major Snowstorm' hit before Halloween, have had very (Very) unSeasonably Warm Temps throughout the Winter--that is, now, ~3 Weeks from being 'Over'..
had ~2 other Snow accumulations, subsequent..'Ground' has been 'Brown', most of the 'Season'..Temps, repeatedly, above Freezing..(Golf Courses doing Record 'off-Season' Rounds #s..)
anyway, most Years when the 'Snow Season' is 'off to a Late Jump', there are, repeated, 'Stories' about the 'Impact' on 'our 'Snow Sports'-Friends'..
this Year? no, notta Peep..
it's all 'Happy Daze are Here Again~, All the Time'..
it's been interesting to 'See'..
AAIP
also @18:58 & 19:01
Will be a later post today for me...
The weather has been fantastic this weekend...so, been catching up on outdoor "To Do List" things....
Rory holds off Tiger
Rory's a 'gamer'....
I like his game a whole lot.
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