Friday, October 29, 2010

Happy Halloween - Scary Economy!

Now this is scary, this is a real pumpkin

 The economy is so bad that...

. I got a pre-declined credit card in the mail.

. African television stations are now showing 'Sponsor an American Child' commercials.

. Wives are having sex with their husbands because they can't afford batteries.

. I ordered a burger at McDonald's and the kid behind the counter asked, "Can you afford fries with that?"

. CEO's are now playing miniature golf.

. Exxon-Mobil laid off 25 Congressmen.

. My ATM gave me an IOU!

. I saw a Mormon polygamist with only one wife.

. I bought a toaster oven and my free gift with purchase was a bank.

. If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them.

. McDonald's is selling the 1/4 ouncer.

. Angelina Jolie adopted a child from the U.S.

. Parents in Beverly Hills fired their nannies and learned their children's names.

. My cousin had an exorcism but couldn't afford to pay for it, and they re-possessed her!

. A truckload of Gringos was caught sneaking into Mexico .

. Motel Six won't leave the light on anymore.

. A picture is now only worth 200 words.

. They renamed Wall Street "Wal-Mart Street."

. When Bill and Hillary travel together, they now have to share a room.

. The Treasure Island casino in Las Vegas is now managed by Somali pirates.

. Congress says they are looking into this Bernard Madoff scandal. Great! The guy who made $50 billion disappear is being investigated by the people who made $1.5 trillion disappear!

And, finally...

. I was so depressed last night thinking about the economy, wars, jobs, my savings, social security, retirement funds, etc., I called the Suicide Hotline. I got a call center in Pakistan, and when I told them I was suicidal, they got all excited, and asked if I could drive a truck...

Thursday, October 28, 2010

USU Uranium Stock

Electric Cars are good technology.

They need lots of electricity by the way.

Nuclear, and that means Uranium as a long term play.

But as a short term pattern, Breakpoint Trades posted this last night.

5 hits on the Triangle, is a classic pattern.

Wednesday, October 27, 2010

ES PRS Channel - not bad

They have to throw a bear a bone every now and then to keep them in the game.....
PRS is instructive though, a downturn right here could be meaningful.   An upturn should be respected.

I am definitely not adding to shorts at this level though.   The USD futures index /DX has bounced down off a Person Pivot, and has just had a big run up, very steep, so a pullback in DX and push up in SPX could occur.

Black Humor for Halloween

See this notice from Morgan Stanley, a sign of the times.

Planning for retirement is no longer easy and cannot be done with a canned software, in fact it can't be done at all.   Think of the brilliance of the Lloyd and Big one retires, you just work until you die.   This solves productivity issues as well as extended health care costs.    Welcome to the Orwellian Madness --- Picture aging Tyranosaurus, overcrowded in a sticky Petri dish, fighting for limited resources.

From Morgan Stanley

I voted by mail last night.   Very convenient, had time to even research a few issues, see who stood for what.   For me, energy issues are key.

Monday, October 25, 2010

Crummy Cheatin' Gold Miner PTQMF Petaquilla from Panama

This POS untrustworthy lying Panama Gold Miner.....the only thing that will twist your head worse than Panama Red is Panama Gold

USD ready for a rally, Cat out of bag

Like this stuff, sign up as a follower.  Heck, it's free, regardless of inflation or deflation.

You couldn't pay for this stuff.

USD Futures are fully outside the PRS channels, and supported by Person Pivot, and the fake out head and shoulders should be the coup de gras on dollar bears.

Lastly, UNG is a PIG, an amazing PIG. Oil up, winter coming in, and UNG down down down.....
The fund operators make money, no one else does.

Sunday, October 24, 2010

Trading to Win

Ok I'll keep this simple.

I am promoting Trading to Win which has a great no pay site.   One of the best for sure, and tolerant of me which make them even better.

They have a Moderator Keirsten who is spectacular at moderating and trading ideas.  

And it is her Birthday!   Happy Birthday Keirsten!   You ROCK!


Sunday Charts -- The mystery weekend flash crash on the USD, explained

Don't understand these, post a question?

Housing Pricing - Orig Chart by Hawaii Trading

Like this stuff?  Sign up as a follower, would like to get to 100.

Using raw data from here

I noticed an interesting trend -- the rich get richer, the middle class and poor get chased out of their houses at low prices.

The richest home buyers were the only segment that saw year over year gains.    The rich get richer.   Are they smart?  Locking their money into hard "assets", or just stupid because they don't see just how bad things are?  Time will tell, but in reality a house is a highly illiquid investment that could easily fall 50% from here.