Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Bullish short day. Midpoint above EMA(10). Tested and held SMA(89). Tested and failed the 38.2% minor retrace (1416.67). New high on daily 3LB (reversal is 1391.03). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Bearish short day. Midpoint below EMA(10). Holding above the 38.2% retrace (79.97). Tested and held SMA(55). No dally 3LB changes (reversal is 80.80).
Bearish short day. Midpoint below EMA(10). Now failing all SMA's. Still failing its 61.8% minor retrace (18.81). New low on daily 3LB (reversal is 16.41).
Bullish short day. Midpoint below EMA(10). Tested and failed its 38.2% retrace (1730.90). Tested and held SMA(21). No daily 3LB changes (reversal is 1753.70). Must have the precious.
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Holding above its 61.8% minor retrace (1.2759). No daily 3LB changes (reversal is 1.2777).
Bullish short day. Midpoint above EMA(10). Now above all SMA's. Holding above its 61.8% minor retrace (40.10). New high on daily 3LB (reversal is 40.22).
Bearish short day. Tested and failed SMA(21). Midpoint below EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 15.89).
Bullish short day. Tested and held SMA(21). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (88.45). No dally 3LB changes (reversal is 84.87).
Bullish long day (didn't confirm hanging man). Now above all SMA's. Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). New high on daily 3LB (reversal is 33.45).
Doji day. Midpoint above EMA(10). Tested and failed SMA(21). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 46.68).
Spinning top day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). New high on daily 3LB (reversal is 0.7574).
Bullish long day. Midpoint above EMA(10). Tested and held SMA(89). Holding above its 61.8% minor retrace (3.443). New high on daily 3LB (reversal is 3.540).
Spinning top day. Holding above SMA(233). Midpoint above EMA(10). Holding above its 38.2% retrace (555.47). Still failing BB(2,200). No daily 3LB changes (reversal is 536.88).
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55). Tested and held its 50.0% minor retrace (574.84). New high on daily 3LB (reversal is 568.70).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
3 comments:
Going hiking today, so won't get to see the end of the week. It does seem to me, though, that had we not headed off into a more socialist direction the last few (and coming few) years, we could have had a tremendous lapping of the field in regards to how productive the American economy could become. I see the numbers on personal income today, and the usual Sandy excuses, but think it is more likely that the people who produce jobs are battening down the hatches for increased taxes and the Obamacare tax. I think incomes will stagnate next year, but that is just one guy's opinion.
@BinT
My employer landed a new support contract with the Govt. It has been postponed for almost a year because we wanted a small raise (4%) seeing how we haven't received any kind of raise in almost 4 years under the old contract. (funny how that worked out... haven't received a raise since Owebama became Prez... just saying) But anyway, the contract was finalized 11/28 with a 2.9% raise and they are not discussing future rasies, either performance or cost of living. Also, had to sign that I'm an "at-will" full time employee with benefits that can be terminated at any time for any reason...
There's alot more but I choose not to talk about due to other papers I had to sign about disclosure of sensitive materials, which just about everything could possibly be deemed sensitive in their eyes.
This guy pretty much agrees with ya 100% and is just doing his time until he can retire... which I hope is soon :)
Why would anyone be long over the weekend w/Congress in PR mode?
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