"Why won't anyone listen to me?"
Creditcane™: No. You think you've reached safe harbor. It's a mirage.
SPXBullish short day (possible bullish harami?). Midpoint below EMA(10). Failing SMA(21). Failing the 0.0% retrace (1359.44). No daily 3LB changes (reversal is 1374.09). QE2infinity.
DXYBearish harami day. Midpoint above EMA(10). Tested and held the 61.8% minor retrace (79.60). Tested and held SMA(55). No daily 3LB changes (reversal is 78.27).
VIXBearish long day (didn't close window). Midpoint above EMA(10). Tested and failed SMA(55). Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 21.14).
GOLDBullish harami day. Midpoint below EMA(10). Failing its 38.2% retrace (1721.30). Tested and held SMA(55). No daily 3LB changes (reversal is 1711.30). Still above monthly 3LB mid. Must have the precious.
EURUSDBullish harami day. Midpoint below EMA(10). Failing SMA(21). Tested and failed its 50.0% minor retrace (1.3148). No daily 3LB changes (reversal is 1.3063).
JNKBullish harami star day. Midpoint below EMA(10). Failing SMA(21). Failing its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).
10YR YIELDSpinning top day. Tested and failed SMA(21,89). Midpoint below EMA(10). Holding above its 0.0% retrace (18.96). No daily 3LB changes (reversal is 20.47).
WTIBullish harami day. Tested and held SMA(21). Midpoint below EMA(10). Failing its 38.2% minor retrace (107.86). No dally 3LB changes (reversal is 109.77). Not confirming the monthly 3LB reversal down.
SILVERBullish harami day. Failing SMA(21,144,233). Midpoint below EMA(10). Failing its 61.8% retrace (35.41). No daily 3LB changes (reversal is 37.20).
BKXBullish harami day. Midpoint below EMA(10). Failing SMA(21). Holding above its 50.0% retrace (43.76). No daily 3LB changes (reversal is 45.79).
HYG/LQDSpinning top day. Failing all SMA's. Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). New low on daily 3LB changes (reversal is 0.7810).
AAPLBearish short day. Still above all SMA's. Midpoint above EMA(10). Failing its 0.0% retrace (547.61). No daily 3LB changes (reversal is 545.18).
RBOB GasolineBullish long day. Midpoint above EMA(10). Still above all SMA's. Failing its 0.0% retrace (3.33). No daily 3LB changes (reversal is 3.22).
RUSSELL 2KBullish harami day. Midpoint below EMA(10). Tested and held SMA(55). Failing its 0.0% retrace (832.23). No daily 3LB changes (reversal is 831.32).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
22 comments:
Tuesday, March 6, 2012
Nearly Entire Open Interest in COMEX Silver Trades Hands in Single Hour
The all-out cartel paper attack on silver continues. We documented last week how the cartel dumped 225 million ounces of paper silver on the market in 30 minutes coinciding with the release of the FOMC Monetary Policy report to begin the raid. 225 million ounces of 30 minutes is approximately 7.5 million ounces a minute.
The paper shenanigans continued this morning, as 12,428 paper silver contracts were traded in a span of only 5 minutes at approximately 9:20-9:25 am today. That's 62.14 million ounces of paper silver in 5 minutes crushing silver from $33.02 to $32.54....or 12.42 million ounces of paper a minute! And it gets worse.
Over a span of 50 minutes from 8:40 to 9:30am EST this morning, a total of 87,250 contracts traded hands, or 436,250,000 ounces- nearly the entire open interest in silver!
With an open interest of 112,424 contracts, this means that 78% of the COMEX open interest, and MORE THAN 1/2 OF WORLD PHYSICAL ANNUAL PRODUCTION changed hands in under an hour this morning!
The tail (paper markets) have BECOME THE DOG!
http://silverdoctors.blogspot.com/2012/03/nearly-entire-open-interest-in-comex.html
interesting..
ibid.
good thing we no longer have to be concerned with..
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus-ns-aaf&v%3Aproject=clusty&query=Rothschild-backed+Fiat+Ponzi
http://finviz.com/quote.ashx?t=AAPL
~530.69
"Sell the News" ? not Today..~
AAIP
So the Swiss want their gold back also?
1667.20 is the weekly 3LB reversal price. The weekly SMA(55) served as support previously. The monthly mid is 1644.25 and is where I'd be worried.
has Volume been _______ Negative, recently?
Not negative but damn near non existent.
First there's this: http://www.zerohedge.com/news/greek-reports-peg-psi-participation-over-75
Greek Reports Peg PSI Participation At "Over 75%"
then there's this: http://www.zerohedge.com/news/did-greek-bond-and-cds-traders-just-ring-bell
Did Greek Bond And CDS Traders Just Ring The Bell?
quote: "As we hear from one government spokesperson after another that the Greek PSI deal is 'going well' which appears to us to be a misnomer as either its done or its not, we note that the price for the Greek CDS-Bond basis topped Par today for the first time. While there is some noise in this (and extremely wide bid-ask spreads), looking at the ask on the bonds and the bid on the CDS which measures more accurately the price at which basis traders can exit the trade (though liquidity is challenging), it would appear that some hedgies are ringing the bell on this trade and covering at better than Par levels. While we would have expected some basis traders to hold through the event horizon, it makes little sense to look a gift horse in the mouth as the trade has met its 'theoretical' limit (and beyond in fact as the add-ons from EFSF and GDP warrants leave some extra on the table). The point is that the basis (the price of buying a Greek bond and fully hedging its 'default' risk) has peaked, implying a credit event is 100% priced in suggesting CACs are on their way later today (despite current 'news' reports')."
"A senior Greek Government Official" aka the janitor
I'm using 1371 on the cash S&P500 as a stop on the day trading shorts here...
http://finviz.com/quote.ashx?t=VRNG&ty=c&ta=0&p=d
tout du jour
AAIP
http://finviz.com/quote.ashx?t=GSVC&ty=c&ta=0&p=d
tout du jour (Part II)
back-door 'Buy' into the 'SocialNetwork' "Boom"
ibid.
Mighty quiet on the greek front. Must not have gotten the participation they were looking for. Expect an announcement that the PSI will be delayed.
http://finviz.com/futures_charts.ashx?t=NG
~2.2660 !
wow..
ibid.
the one thing about ol' Natty, when "Seeking Alpha" starts running, again, the ~"A 1-handle on Nat Gas?"-Articles..
Commence, on the Long-side..~
ibid.
Rare day indeed. Almost all of the bullish/bearish haramis are beeing confirmed in todays trading. I guess it's all or nothing at this point.
AAIP
Did you look at a monthly chart for NG? Up until 2005 it stayed in range. After that it's been all downhill.
NG's monthly 3LB has been trending down for over 40 months (with a couple of reversals up thrown in for good measure). It's still making new lows. Probably will need the weekly 3LB trending up before trying to call a bottom on this one.
$150mm isn't as much as used to be I guess...
http://sports.yahoo.com/top/news?slug=ys-investopedia-iverson_athletes_who_went_broke_030712
"According to Sports Illustrated, 78 percent of NFL players who are retired for only two years file for bankruptcy or are under financial stress, and after five years of retirement 60 percent of NBA players suffer the same fate. "
Andy T
You mean not one of them bought a muni bond of the city that they're playing in? Or a UST? Or land?
Imagine what one could do with just one year of a "superstars" salary.
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