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Friday, June 22, 2012
Killing Sea Lions because they are competitors to humans
http://www.foxnews.com/us/2012/06/05/20-dead-sea-lions-in-2-months-in-n-ore-s-wash/?intcmp=obnetwork
A week or so ago I posted a story about Monk Seals (Indigenous to Hawaii), being clubbed to death on Hawaii beaches by angry fishermen. Here is the link.
Now it is more popular it seems, sad state of affairs.
http://oahutrading.blogspot.com/2012/06/killing-ourselves-to-live.html
Gold Targets from April, Oil Bodyslam
Physical Gold will never go to zero, it is hard to trade, and storage is an important issue. You can't really trust the banks in a confiscation scenario, or shall I say, you can trust them to follow the orders of their overlords (PS you aint the overlord). | |||||||||||||||||||||||
But we do know how the endgame looks. When something is unsustainable, it will come to an end. | |||||||||||||||||||||||
As Ferguson from TF Metals has said | The end of the Keynesian experiment is upon us, prepare accordingly. |
VOS and Egg of Dia from guest
Volatility on Steroids seems to like to touch the bottom yellow zone (and usually spend some time there) before launching upward for a big scary run --i.e. big drops in equities prices. Maybe in the Brave New World, a single touch is enough. I wouldn't go full tilt bear on this but I will grab the 10 gauge and load for black swan just in case one shows up.
Thursday, June 21, 2012
Long futures
Last minute capitulation, I went heavy long, and got stopped on the 1.75 stop, will go back long when futures re-opens.
Keep in mind also, the best supercomputers are gaming ES futures. Are you up to it?
Keep in mind also, the best supercomputers are gaming ES futures. Are you up to it?
Shenanighans, Don't be deceived
BBBY puts were closed out today, not to get greedy. Got lucky, they were body slammed on "earnings" even though they had YoY quarterly earnings increases, and predicted earning increases into Q2. Apparently that wasn't quite up to HBB expectations, so they were taken to the woodshed. Too funny, unless you were long. GDX ridiculously body slammed today, no positions, but thinking long again. Stacked up some more gold coins today as Gold may be near channel support from its long uptrend--really the Bernoulli does it like no other. SPG puts got a breath of life today. I was close to taking my lumps yesterday, classic mistake of getting trapped in a swing position, while traveling and with unexpected internet outage which always was going to be fixed...this afternoon, tomorrow morning....later today....went on like that for 3 days. In reality, was greedy thinking...hey I can bank coin while on vacation. The obvious clear move would have been to close all day and swing positions. Still making greedy mistakes.
Wednesday, June 20, 2012
BBBY took a bath
No big drivers right now
I don't see big moves coming right now, my slew of put call type indicators is mostly middle of the road after recovering (with this week plus rally from extreme (I mean extreme) lows in a put call ration indicator. Quite sad actually, I was on vacation and I missed that entirely. It would have been a clear signal to close all shorts at least, if not going long.
The Monday/Tuesday recovery /return to market normalcy after option expire last Friday is over also.
We never got the big scary drop to have Joe6 demanding money printing.
And the dem election cycle says we have high likelihood of rallying into election time. Research it.
MY STRATEGY--stop thinking bearish and look for little breakout tickers with nice patterns like cup and handle.
Also, buying a smattering of natural gas stocks or options, and same on gold miners. Uranium miners may also have plays, they deserve a look at least.
The nuke cartel, with all of it's lies right out of the gate, will not go down without a fight, and they need uranium.
I also see a good chance Bucky will move down 3.5 points to "tap the egg" which would be a nice boost to US equities, 1420 to 1450 on ES in the next month would not be outrageous.
A Blast from the Past
George Washington:
* “Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.”
* The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments.
Tuesday, June 19, 2012
Roxio Crash and Burn
Roxio used to be pretty OK, as a way to burn CD's and DVD's.
Now it has gone the way of Microsoft, being dumbed down to the point of non-fuctionality, which ought to be a criminal offense.
I need to burn a DVD across 2 disks to rescue a broken computer, so I bought a $20 Roxio product that said that it would burn large files across multiple discs. It did not actually do that, and it quickly point to a page where you could buy another Roxio product for $109.
The insanity of even needing a "program" to burn to CD or DVD
Then the insult of a bait/buy and switch.
Roxio is on my shit list.
Monday, June 18, 2012
Sunday, June 17, 2012
Obvious IHS
"Obvious" Inverted head and shoulders breakout. Moon hasn't "worked" much since last Autumn. Thats a long time for the moon to not sync with markets, it's overdo.
The democratic election year "cycle" of spending like a drunken sailor and making big promises should result in a strong rally to year end....and it should start soon, but....I am cautious. I think we could see a 1360 to 1200 slap down in short order to get Joe6 screaming for intervention.
By the way, in the new Matrix of trading the Hal 20000 computer just get a kick out of blowing the sheesh out of trading so committed to an obvious pattern.
HEY drop a comment, sign up as a follower. Did everyone take the red pill, or what?
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