Cent D rocks...been reading his site for many Moons and Mercury Retrogrades.
http://evilspeculator.com/?p=12321#disqus_thread
And he find the coolest pictures.
And I am sure he is talking about me as one of the pissed off POMO f-me pump haters. I am still pissed about the blatant manipulation, as I think it has larger ramifications than just our trading accounts, but perhaps the point is---
You can be pissed, and actually, you should be pissed AND taking action. But limit the amount of energy you spend on being pissed, and CERTAINLY do not use anything as an excuse for your own trading decisions.
As TK so perfectly pointed out yesterday, the US is doomed. Yes, so stop fretting about that, and get on with making money, or plans to expatriate, or whatever. But stop fretting and wasting energy.
That said, I often thought Bill Cara was wasting his time with "Social Equity". However, I now agree that we should put some energy into Social Equity, and to pulling this life sucking squid from our faces.
http://caracommunity.com/content/caras-commentary-community-chat-saturday-oct-31-2009
Saturday, October 31, 2009
Friday, October 30, 2009
National Emergency -- The FLU
http://www.cdc.gov/flu/weekly/WeeklyFluActivityMap.htm
Don't let this one fall off your radar screen. It will reinforce negative market action. And negative market action will reinforce the flu.
Don't let this one fall off your radar screen. It will reinforce negative market action. And negative market action will reinforce the flu.
SSR and Bailouts and Clunkers and GDP
OK, something to ponder over the weekend.
My best guess is that the Bailouts, Cash for clunker cars, and cash for clunker homes has cost the taxpayer about $10T. In exchange for that we still achieved a drop of over 2% annually in GDP, and last quarter the GDP went up $113B compared to a prior horrid quarter.
Does this seem like a good return on investment?
Is this a sign of strength in planning and strategizing, or is this a weakness of policy.
My best guess is that the Bailouts, Cash for clunker cars, and cash for clunker homes has cost the taxpayer about $10T. In exchange for that we still achieved a drop of over 2% annually in GDP, and last quarter the GDP went up $113B compared to a prior horrid quarter.
Does this seem like a good return on investment?
Is this a sign of strength in planning and strategizing, or is this a weakness of policy.
Thursday, October 29, 2009
Pollution in China
Everytime you buy a low cost item made in China to improve your standard of living, think back to these pictures.
http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/
http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/
Charts from yesterday
I made these yesterday, before the big POMO rally.
Comments on GDP.....Year over year, was down.
This quarterly rise was about half cash for clunker cars. perhaps some spin off benefit too from cash for clunker homes.
After $10T pumped into the economy, the payback doesn't seem that good. Inefficiently spent money. Better to be a burnt bear than a blind bull. The burning will stop.
Tuesday, October 27, 2009
Tuesday Musings
Consumer confidence takes a nose dive, missing wallstreet targets by a huge margin.
"By ASHLEY M. HEHER
CHICAGO (AP) - Consumer's confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.
The Consumer Confidence Index, released by The Conference Board, sank unexpectedly to 47.7 in October - its second-lowest recording since May.
Wall Street analysts predicted a reading of 53.1.
A reading above 90 means the economy is on solid footing. Above 100 signals strong growth.
The index has seesawed since reaching a historic low of 25.3 in February and climbed to 53.4 in September.
Shoppers have a grim outlook for the future, The Conference Board said, expecting a worsening business climate, fewer jobs and lower salaries. That's particularly bad news for retailers who depend on the holiday shopping season for a hefty share of their annual revenue."
http://apnews.excite.com/article/20091027/D9BJFVSG0.html
XRT taking a major dive today.
"By ASHLEY M. HEHER
CHICAGO (AP) - Consumer's confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.
The Consumer Confidence Index, released by The Conference Board, sank unexpectedly to 47.7 in October - its second-lowest recording since May.
Wall Street analysts predicted a reading of 53.1.
A reading above 90 means the economy is on solid footing. Above 100 signals strong growth.
The index has seesawed since reaching a historic low of 25.3 in February and climbed to 53.4 in September.
Shoppers have a grim outlook for the future, The Conference Board said, expecting a worsening business climate, fewer jobs and lower salaries. That's particularly bad news for retailers who depend on the holiday shopping season for a hefty share of their annual revenue."
http://apnews.excite.com/article/20091027/D9BJFVSG0.html
XRT taking a major dive today.
Monday, October 26, 2009
A few charts to bring clarity
I do continue to see potential for a sell-off. The banks sold off hard. The banks and financial institutions acting as banks are the ones driving this rally with POMO money in order to distribute stocks to others at the highest prices they can get.
No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
6 Charts below. These are sufficiently clear that if you need to ask what they mean, you should maybe, not trying to be insulting here, but maybe you ought not to be playing this market right now, because the sharks are big and hungry.
I do continue to see potential for a sell-off. The banks sold off hard. The banks and financial institutions acting as banks are the ones driving this rally with POMO money in order to distribute stocks to others at the highest prices they can get.
No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
6 Charts below. These are sufficiently clear that if you need to ask what they mean, you should maybe, not trying to be insulting here, but maybe you ought not to be playing this market right now, because the sharks are big and hungry.
I do continue to see potential for a sell-off. The banks sold off hard. The banks and financial institutions acting as banks are the ones driving this rally with POMO money in order to distribute stocks to others at the highest prices they can get.
No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
Sunday, October 25, 2009
Mercury and Photobucket
I'll probably have some Russian traders complaining about me saying Mercury....yeah, this is Retrograde neo-Freddy style...
http://www.youtube.com/watch?v=w5EFEQ9aY6o&feature=player_embedded#
And if you haven't visited Photobucket, check it out. Maybe that's where Cent D gets his awesome pictures.
http://photobucket.com/images/scuba%20hawaii/?sortby=sevendaysview&source=homepage
http://centrifugaldeforest.blogspot.com/
And finally, it looks like we return to the Sunday financial shenanigans, like last fall, as us investors entering closing on Friday agahst in what new type of incredible larceny would be perpetrated on the people.
http://apnews.excite.com/article/20091025/D9BIDON01.html
http://www.youtube.com/watch?v=w5EFEQ9aY6o&feature=player_embedded#
And if you haven't visited Photobucket, check it out. Maybe that's where Cent D gets his awesome pictures.
http://photobucket.com/images/scuba%20hawaii/?sortby=sevendaysview&source=homepage
http://centrifugaldeforest.blogspot.com/
And finally, it looks like we return to the Sunday financial shenanigans, like last fall, as us investors entering closing on Friday agahst in what new type of incredible larceny would be perpetrated on the people.
http://apnews.excite.com/article/20091025/D9BIDON01.html
Trader Tax -- Very Easy to Email Your Elected Officials
Please check out this petition from James DePorre - It is an easy an quick way to voice your opinion. If this tax is passed, trading will no longer be a possible way to earn money.
http://www.rallycongress.com/no2tradertax/1536/
From Hawaii, only 108 people have sent emails, out of 1 million people, that doesn't seem like much, but lets hope that this is just the beginning. Seriously, this will take less than 5 minutes of your time.
http://www.rallycongress.com/no2tradertax/1536/
From Hawaii, only 108 people have sent emails, out of 1 million people, that doesn't seem like much, but lets hope that this is just the beginning. Seriously, this will take less than 5 minutes of your time.
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