Lack of Shearer's for Sheep in Australia

http://www3.nhk.or.jp/nhkworld/english/movie/feature201112271821.html

Uh, maybe they ought try to recruit from Wallstreet, they been shearing the sheeple expertly for quite some time, and doing more unsavory things to.

Stop SOPA

http://www.tomshardware.com/news/toms-hardware-sopa-Stop-Online-Piracy-Act-PROTECT-IP-Senate,14393.html

This legislation could pass.   The old geisers in DC have no idea about technology and the internet, blogs, etc.

The purported purpose of SOPA is to stop pirating.   However, it will be the death knoll to blogs of all sorts, to freedom of speech, to change.

It will make sure that your "news" is delivered through government approved sources, the main stream media.


It takes less than 3 minuntes.   You enter your Zip and its will write an email to your elected officials in DC.

The Judge

On my last trip to mainland, I had an epiphany.

The TSA is the Gestapo of the New World Order.

It is a freedom beat down.    Humans being trained.    And we know it.   Everyone on the plane was real quiet, as if embarrassed that they accepted the beat down.    Most of these TSA workers are a lower class, give them some power, and they will effectively beat down the population.

Listen to the Judge

http://www.foxbusiness.com/on-air/freedom-watch/index.html#/v/1330316255001/mourning-freedom-in-america/?playlist_id=163776

Ponzi Population

At what point will our population become a negative rather than a positive?

I just occurred to me that continued population growth is really part of the overall Ponzi Scheme.   We need more people to pay more taxes, to pay for the thing we already squandered money on, to wage more wars, to enlarge our power base.



What say you?

Buy Cable, Buy Euro!

Again, 2 coincident strong channel line supports.   Obviously Cable is stronger then Euro, but they both want to bounce.

Buy with blood in the streets!

This chart from "Buck"

Reminiscing about the Future

Proper credit to Zerohedge, they old fashioned way, we stole it! LOL

Hmmm December 28 2011


Little River Band -- Reminiscing

Buy when there is blood in the streets

I stopped on Cable long, gaining a whole $2,  whooop!    Just Kidding

And then bought Cable, euro, and IWM calls on that Bull shakeout

My RUSHA long, held up well, like it wasn't going to play the kill the bull reindeer games, still in that long it should do real well if my assumption is correct, that was a bull shake-out before we rally into January.

The Eagle Has Landed!

http://www.telegraph.co.uk/earth/wildlife/8861852/Eagle-brings-down-paraglider-over-Himalayas.html

Awesome video

And in the first comment, someone has put the "un cut" translation as a paraglider get tangled with and Eagle, starts to crash and opens his emergency chute, and then curses the still tangled bird out as he tries to free it.     Melt up, Melt down, whatever this one is awesome!

Nailed the upmove, Cable and Euro

Slopefest Guessing on SPY May 11th

Send in your guess, win some gold or silver or bills.

http://slopeofhope.com/2011/12/slopefest-iv-v-and-spy-guessing-contest-by-market-sniper.html#comments


Here is my guess and how we get there.

send email to

slopefest4@gmail.com

Reagan Speech from 1981

1981 marked a zone of intense inflation following an oil crisis.

And real estate mortgage value almost doubled between 1976 and 1980

In an effort to take advantage of the real estate boom (outstanding U.S. mortgage loans: 1976 $700 billion; 1980 $1.2 trillion)^[5] and high interest rates of the late 1970s and early 1980s, many S&Ls lent far more money than was prudent, and to ventures which many S&Ls were not qualified to assess, especially regarding commercial real estate. L. William Seidman, former chairman of both the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation, stated, "The banking problems of the '80s and '90s came primarily, but not exclusively, from unsound real estate lending."

 But listen to this speech from Reagan, it is almost unfathomable that one could expect such a "politically incorrent" speech in terms of religion these days.    Yer to hearken on back to days in which America at least tried to follow a brighter star, a more noble approach.    Think on these things.

3 decades of easy money, where has it gotten us?






This is where it has gotten us to--

An arrogant president, still not at ease after growing up as a rare black boy in Hawaii, Watch the video, it shows insights.

http://theobamadiary.com/tag/snobama/

Sponsor Supported Site

For sure, blogging is a labor of love.   It takes alot of time to just physically produce a post, much less come up with material that is useful, much less discover some of the secrets of the universe and hand them out for free.   PS the best way to keep a secret is to put it on the web for no cost, then no one will see any value in it, LOL!

We have recently been getting alot better advertisements popping up in the ad blocks.   Keep in mind that in this labor of love, there are still costs.   I realize my time will never be paid for, but it would be nice if at least the Stockcharts membership was covered....oh well.  

But consider giving some business to the sponsors, at least see what they have to offer.

And many thanks to those who supported the Steveo Telescope 2012 Project....one guy even sent a $20 paypal over (1% of the scope, yeah!).     There is a donation button on the blog if you are all tanked up on Eggnog and want to click some USD over.

Hope you all had a Merry Christmas and get ready to close the year out strategically, and put your trading plans into writing.   Purely discretionary trading is trouble in the works.    Probability based trading can do much better.   Mechanical systems have been getting blown up left and right.

This next year I am retiring, probably in March, at 48 YO I take that as a win.   But being a trader is not "retired" just that I won't be baby sitting employees and customers at the same time.     EXPECT my trading results, blog posts, secret methods to increase by an order of magnitude (that be times 10).    Perfect time to retire as the world heads to hell in a handbasket, and with a great telescope so we can precisely see how we are losing our ass.   LOL>

http://oahutrading.blogspot.com/2011/12/perspective-via-telescope.html

Tech Trade Lady

Gold Coin prices versus spot metal prices

http://www.comparegoldprices.com/

About $60 to $70 over spot seems normal.   Talk that "no coins are available" at any price is nonsense.

On a Happy Note, People are Awesome

NYPD

The big Lie Grows, deception, misdirected Too Big to Jail

http://informingthe99percent.blogspot.com/2011/12/big-lie-grows.html

Everything says up, part 2

Everything Says UP, Thats Scary

Steady as She Goes

This is the Winter Solstice, marking the shortest day of the year.  

It has been an important tradition for thousands of years, important religious holidays congregate around the Solstice, I read something from another country calling the solstice "Christmas".

Here is a BPT long I choose not to take.

 IBM gamers?

 This is a tasty long I took

 This one too, long, both BPT ideas.

 Zero Hedge, bless their soulstice, calling Armageddon has not been profitable.   This from Slope of Hope

It is a turning point of the sun.    It could be a turning point of the market, probabilistically up, but could be down.    I hear most EW guys are super bullish.    

S&P 500 What is the Trickiest Thing it could do?

What would be the most diabolical thing the market could do....a 30 point drop tomorrow, trend day down.    Bears, happy to get some porridge before Jesus birthday will close their positions, Bulls, disgusted waiting for Santa, will close their positions

Overly bearish sentiment on Euro

This poll from WSJ of 3900 people showed 85% thought the Euro going down through end of year.   So only 15% think that the USD would be down by end of year, and thus 85% think that Santa will not show up to the party, and 85% think that the financial industry will be happy with smaller bonuses this year, rather than launch a ramp job.

Makes you say....hmmmmmm

Buy any pullbacks, unless there aren't any pullbacks

Market is based on nature, based on deception.   Think of the number of times that animals use deception as a prime way of life. 

This market is tricky, I have been patient at times when it worked, but I will not take a week of being wrong pain.   The bears were burnt on the run to 1260, then pulled back in on the steep drop from 1260 to 1225.    Many bulls probably closed out at that time...thinking, I want to for sure not lose money into the end of the year.  

I had some Feb calls "swing trades" long that loved today.   Most futures are day trades and so if against me, they close quick, and come back quick.

Long ES from 1198, which is sweet for now.  Closed out Cable long, it is forming a blimp, which is not bullish.   And Euro is being heavily gamed, ramped up, ramped down, staying away from that freak.

Here is Vix, about the lowest it ever goes to is 15, I can't see it getting that lower by New Years, but who knows, for now it is in a clear downchannel as seems to be its normal habit after a "Scare the Sheep" event.

There may be no dip to buy....leave the frustrated bulls and frustrated bears in the dirt as HBB ramps for its multi-Billion dollar year end bonuses, maybe like 100 Billion.    I heard that all the used nuclear fuel in the world could be placed into relatively safe dry cask storage for around 10 Billion.    But instead, they overjam the water filled pools that are located above the reactors themselves....they don't even seperate the risks!

And if the water leaks out....terrible nuclear fission/fire, guaranteed nasty release.   But the problem that is most likely to wipe out humanity, nuclear pollution, could be to a great extent be solved for $10B, and yet we allow $100B to be handed out to "financial advisers" of a rigged casino.

This is where the world is at right now.  Preparation and protection are not things that are fool hardy.

Big 61 Fibo Slowed Down the Advance of ES

 Trend Day....buy dips, they are meant to fake out the weak handed bulls.

 From a reader at BPT---never saw the "3 Gap" play before but it looks good.

Big 61 Fibo 2007 high to 2009 low

Ping to the Penny, from the big 61 Fibo, yes the 2007 high to 2009 low.  

Called the Bucky Whoopin'

Y'all remember last Friday when Daddy P (Big Bob Pretcher was all excited that Bucky was breaking out to new 12 month highs!) My response was that "Bucky about to get a whoopin". See Friday link

http://oahutrading.blogspot.com/2011/12/usd-bucky-about-to-get-whoopin.html

Whose your Daddy? It ain't Bob Pretcher. He had awesome calls that no one had (practically no one) but you can't be wrong for a decade at a time, not even 2 months. And driving people to "maximum leverage" and then setting an ES stop at 1260 made him and disciples the perfect target.

Then draw the bears in again with a steep drop that most miss (they get short at the bottom), and then stall out Santa, then Whoopin' time. Fundamentally, I am quite bearish (just saying I don't count Celente in the group of realists, sorry MISH either -can't be 100% bear every day, and Celente did get his gold stolen at Mf'ers inc). Here are the currency pictures.

Bucky looking sick, Cable looking good

BPT Free Newsletter and Coupon

http://breakpointtrades.com/controls/preview.php?nl_id=891

Free commodities newsletter from BPT, the best stuff.  I skim through them because they are long and I know how to read charts

Stop thinking about it, sign up for BPT.   Use this link and type in coupon code, and instead of $80 per month, you get the special deal of $240 for 6 months, and an additional 25% off, so just $180, which is amazing.

http://breakpointtrades.com/memberships/go.php?i=l0&r=2712

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This is a tax deductible expense, stop screwing around and take the plunge into more money making ideas 

ABT Long, Gold Chart, IBM Long

EGG LAUNCH!

Games People Play

One of my favorite songs from high school era


If I am telling you the truth right now, do you believe it?
If I promise you the moon and the stars, would you believe it?

http://www.youtube.com/watch?v=tRsJkc2EE4o&feature=related

Another Classic

http://www.youtube.com/watch?v=hYuFe8Ncmho&feature=related

http://www.youtube.com/watch?NR=1&feature=endscreen&v=EAGUUrgmBkQ

Fiver says:

December 18, 2011 at 3:18 am

Well, as things stand, by capturing pretty much all important governments and institutions in most of the Western world, banksters with their interlocked Board brothers, the gargantuan multinational corporations and their supporting casts of professional cons/intellectual prostitutes have a hammerlock on the situation. I believe younger generations than mine are going to have an epochal fight on their hands attempting to right this appallingly imbalance, given that the Boomers (I am one) have so completely blown it, simply not caring enough about the world beyond their enormous Selves to head all this off long ago, let alone mount a fight in good measure against what we ourselves became. I think most people are still in deep denial as to how pathologically addicted to power in ALL its forms (financial, political, military, technological, social) the existing elite is, how far removed they are from life here on the ground, and how far they will go to maintain their position – all the way, I figure, as they are now so deeply entrenched. So I sympathize with the survivalist outlook though I’m not sure one can prepare for a real societal breakdown from whatever cause other than to cultivate as great a degree of flexibility/adaptability as possible. The next 10 years makes it or breaks it – not that we have 10 years, but that some time within that 10 year span, we will pretty much know if we’ve made it or broke it, really broke it.

Democratic and Respect Human Rights

Nuff said, I hope!

Capt. Mark Askew, a 28-year-old from Tampa, Florida who was among the last soldiers to leave, said the answer to the question of whether the Iraq war was worth the cost will depend on what type of country and government Iraq ends up with years from now, whether they are democratic, respect human rights and are considered an American ally.

"It depends on what Iraq does after we leave," he said, speaking before the final convoy departed. "I don't expect them to turn into South Korea or Japan overnight."

Read more: http://www.foxnews.com/world/2011/12/17/last-american-troops-leave-iraq-marking-end-war/#ixzz1grvqdmwE

Indian Chistmas

I just sent a present to my homeland, my domicile area.

To my brother, and I labelled it "Indian Christmas" since he can only keep it for a few months.    A fantastic telescope.

Celestron C8 SGT XLT

Then I thought...how politically incorrect.   Those poor Indians.    Indeed.    When you are robbed and then you have some "life saving" gifts granted back to you with conditions...indeed....there can be nothing worse.     The Indians, the Hawaiians.    They are screwed as a people, screwed because they are accepting these "gifts"  as their "birth-right".

Better to know that  a gift is only temporary, and not your "right".   Living on the Dole is terrible, it destroys your life spirit, a slave to gifts.

Viewing the heavens is an important way to realize there is something bigger than ourselves.   Try it, I have to wait a few months, since I Indian'd away my own Christmas present.

Wow, I ought to stick to ranting about Wall Street!

Here is a Video that shows some close by astronomy items viewed with my scope.