Saturday, April 3, 2010

Rocket Science

And Mercury is rarely easily visible, don't miss it.

And Mercury is also going "Retrograde".  It is reported that during Retrograde periods that technology, communication, and transportation are all negatively affected.

Tuesday, March 30, 2010

Fear factor and SPY (Screaming Short!)

Look at the last minute over throw on the Russell before the "crisis" it was an amazing short squeeze.  

You won't believe it if I just show you.  Go look at it.

Some commentators are expecting a blowoff...the final insult and injury to bears.   Blow them out of positions, and the reverse down, all in like 1.5 hours.  

The SPY if really right at the 61 Fib.   Amazing no one has been mentioning this.  I guess Fibs don't mean much in front of the printing presses.   A hundred occasions in the past have looked good to short.  This is another one.


There is a complete level of disgust and apathy among net based stock blogs.

My favorite "position trade" indicators defined as more than a week, and probably more than 3 weeks, have somewhat turned down.   Be watching these for many moons.  See recent posts please.

And lastly....I am too busy to  play the market....that will be when the market tops.

PS Full Disclosure, I called the market top at ES 1162.75, on 3-17-10.  It hasn't gone up even a full percentage since then.

Monday, March 29, 2010

I like these channels, especially with the PRS 133 extension.  They are obviously "in play", check it out.

Proposed new down channel. 

Comments please, or coordinated TA appreciated.   Keep an eye on that NYSI and NASI summation and line charts.

Catching the Ponzi - The small ones get caught, the BIG ONE endorsed

They catch the small fry, whilst the grandest Ponzi of them all goes on unabated, sucking in enormous assets and civil rights to it's ever quickly spinning black hole.  How is that for a graphic image?

How can this stuff go on for decades?  Aren't there tax and SEC filings, including prospectus that should allow a 5 minute check to stop the Ponzi before a decade passes.   Why is this so hard to detect, it should be something a 12 year old could be taught to do?

Sunday, March 28, 2010

Domino Theory -- Rube Goldberg

And Dnarby does some good stuff, I haven't watched all these video's, but based on the voracious comments, for and against the topics covered, they must be good, have at it!
Did you notice I have little to say about the market or particular stocks, lately?

Because this farce will run out in its own sweet time. 

FD--pretty damn short on Sunday night futures.  Using Person Pivots as primary resistance.

Summation Indices

These are great indicators.$NASI&p=D&yr=0&mn=9&dy=0&id=p52350072891
One way to use them...determine trend, bull or bear.

Then if you are in bull, and you see a bearish setup, you best set your sights on a short duration trade, and if it goes your way, immediately move stop to breakeven...

The Nasdaq summation index went bear last week.

Bank Failures and Unemployment

A great chart from Investing Contrarian. Check them out.

Selling on Strength QQQQ on Friday

-191M on QQQQ on Friday, those are big numbers, usually 40M or 50M is about the most you see on any particular issue.

Attacks made on whistle blowers.

From  Bill Cara. com blog, earliest and best.
This just in from GATA:
On March 25th at the CFTC Public Hearing on Precious Metals GATA made a dramatic revelation of a whistle-blower source, Andrew Maguire, who has first hand evidence of gold and silver market manipulation by JPMorganChase and who has even tipped off the CFTC in advance of manipulative attacks on gold and silver. Just as in the Madoff case the regulator has done nothing to stop such manipulation.
On March 26th while out shopping with his wife, Mr. Maguire's car was hit by a car careening out of a side road. The driver of the vehicle then tried to escape. When a pedestrian eye-witness attempted to block the driver's escape he accelerated at him and would have hit him had the pedestrian not jumped out of the way. The car then hit two other cars in escaping. The driver was apprehended by the police after police helicopters were called in and following a high speed chase.
Andrew and his wife were hospitalized with minor injuries. They were discharged from hospital today and should make a full recovery.