Creditcane™: REPETERE AD INFINITUM: CAVEAT EMPTOR.
Bearish engulfing day. Midpoint above EMA(10). Tested and failed SMA(89). Tested and failed the 38.2% minor retrace (1416.67). No daily 3LB changes (reversal is 1409.15). QE2infinity. Still below 2 of 3 trend lines and RSI(14) above 50.
Bearish short day. Midpoint below EMA(10). Tested and failed the 38.2% retrace (79.97). Tested and failed SMA(55). New low on dally 3LB (reversal is 80.22).
Bullish long day. Midpoint above EMA(10). Tested and held SMA(55.89). Still failing its 61.8% minor retrace (18.81). Daily 3LB reversal up (reversal is 15.06).
Bullish short day. Midpoint below EMA(10). Still failing its 38.2% retrace (1733.20). Tested and failed SMA(21). No daily 3LB changes (reversal is 1753.70). Must have the precious.
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (1.2759). New high on daily 3LB (reversal is 1.2828).
Bullish short day. Midpoint above EMA(10). Still above all SMA's. Holding above its 61.8% minor retrace (40.10). No daily 3LB changes (reversal is 40.26).
Bearish short day. Tested and failed SMA(21). Midpoint above EMA(10). Still failing its 38.2% minor retrace (17.47). No daily 3LB changes (reversal is 15.89).
Spinning top day. Tested and failed SMA(55). Midpoint above EMA(10). Tested and failed its 50.0% minor retrace (90.12). No dally 3LB changes (reversal is 84.87).
Spinning top day. Tested and held SMA(55). Midpoint above EMA(10). Holding above its 38.2% minor retrace (32.24). No daily 3LB changes (reversal is 34.42).
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(21,89). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 46.68).
Bullish short day. Tested and held SMA(89). Midpoint above EMA(10). Holding above its 0.0% retrace (0.7536). New high on daily 3LB (reversal is 0.7589).
Bullish short day. Midpoint above EMA(10). Tested and held SMA(55,233). Holding above its 61.8% minor retrace (3.443). New high on daily 3LB (reversal is 3.549).
Bearish short 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 (didn't confirm bearish engulfing). Midpoint above EMA(10). Holding above SMA(55). Tested and held its 50.0% minor retrace (574.84). No daily 3LB changes (reversal is 568.70).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
2 comments:
Long but good read: http://www.financialsense.com/contributors/james-quinn/all-i-want-for-christmas-is-the-truth
Poverty rates for people ages 65 to 74 climbed from 7.9 percent in 2005 to 9.4 percent in 2009, according to the EBRI analysis of University of Michigan health and retirement study data. For older retirees ages 75 to 84, there was an even steeper increase, from 7.6 percent to 10.7 percent over the same time period. But it's the oldest retirees who are the most likely to live in poverty: 14.6 percent did so in 2009.
Many older Americans are falling into poverty as they age. In 2009, the most recent year included in the study, 6 percent of those age 85 older were new entrants in poverty, up from 4.6 percent in 2005. And while 3.3 percent of people ages 75 to 84 fell newly into poverty in 2005, that number increased to 5.6 percent by 2009.
http://money.usnews.com/money/retirement/articles/2012/05/21/poverty-increasing-among-retirees
..these data are from 2009...I wonder what 3 more years of ZIRP has done to Bernanke's Generation...?
Post a Comment