Friday, March 2, 2012

Friday Charts

Too busy to post during the day.

Everything is "perched on the edge" amazing how "they" can do that.  

Got LOGM short, and some gas and gold miner long, but otherwise flat into weekend.

Outside the Cardboard Box

From a contributor---I almost laughed but I was afraid someone might be watching.

Hard Times

“Look how we live, an’ wheer we live, an’ in what numbers, an’ by what chances, an’ wi’ what sameness; and look how the mills is awlus a-goin’, and how they never works us no nigher to onny distant object-‘ceptin awlus Death. Look how you considers of us, and writes of us, and talks of us, and goes up wi’ your deputations to Secretaries o’State ‘bout us, and how yo are awlus right, and how we are awlus wrong, and never had’n no reason in us sin ever we were born. Look how this ha’ growen an’ growen sir, bigger an’ bigger, broader an’ broader, harder an’ harder, fro year to year, fro generation unto generation. Who can look on’t sir, and fairly tell a man ‘tis not a muddle?” Charles Dickens, “Hard Times”
Max Abelson’s exploration of the hard times facing the lower rungs of our Financial Overclass is nothing short of revelatory. The article posted on the Bloomberg website February 29th can be read in its entirety here. The OTCB team was frankly surprised to learn of the ongoing struggle and hardship being endured by these frugal, contributing members of our society. Some details brought to light in the Abelson column we found particularly noteworthy:


Everyone and his brother see this bearish wedge out of time

Seems like it has to make up it's mind.

I don't see bears foaming at the mouth, therefore I am foaming at the mouth for a short.

Gold, Silver, and True Price Discovery

Roll back the curtain on the wizard.
Create a new model that makes the old model obsolete--how to change reality.

This from TF metals report.

Tuesday, February 28, 2012

ES at a Bernoulli, Nikkei at the 78 Fibo

Weekly Summation plus CCI - full tilt bear

And kilik some freakin adz already.   LOL

I have been keeping my powder dry, playing some simple Person pivot FX plays, almost mechanical they are.    

The red crossing the black is a good pre-signal for down, and Seeing RSI and/or CCI crossing below 100 is a real good signal short.   I betcha the move down is quick, with a snap back to mess with the late bears.

And here is a Bernoulli Channel line, still the best, from Monday.   Sorry too busy to even post.

Sunday, February 26, 2012


MF must be covered up.   

Confidence in the entire system of "electron wealth" would be undermined

And we know this is all a "Con" game.

The origin of the Con, is the word Confidence

All I can say is, prepare yourself.   It is not silly to spend time being ready for a sea change in the way things work.    We are approaching a "blow off top" not just the stock market indices.

UK Taxi Driver Rant

Strong language warning

UK taxi driver with world class rant against bankers