Friday, May 20, 2011

Heretics of Financial Blogging

Social Networking, as a computer activity, is headed for a massive bust.   Perhaps it will go parabolic like Silver.

Someday, in 6 months, or 7 years, internet based social networking will become widely know as "massive evil".    Indeed, Google search activitiy based on "user profiles" will also be seen as very bad, and perhaps outlawed completly.   

I could hand all the information necessary to you to form this opinion, but that would result in you never forming this opinion, and it is an important one.   Therefore, I present only the premise, if you want the proof do your own independent thinking.  

For now, it is party like it is 1999.   Perhaps we should "cover our noses" and jump on this stinky bus.

Thursday, May 19, 2011

Moon cycles and Black Swans mutating

Funny how Dubai has been so far off the radar for so long.

"It" doesn't matter until it does, then it springs out.

As mentioned before the market and moon cycles are sometimes incredibly aligned, and then they go out of alignment, for many months (many moons as the saying goes).   The moon is cool, it's adds alot to our existence here on earth.

It is expiry Friday, not so wild moving as one may think in general, but tomorrow might be a bit more exciting.    I think it hits the top of this trendline, and then heads downs, perhaps intraday, to satisfy the trendline, yet b-slap the call holders at the same time, get them to panic out and worse prices than just holding.   Just saying.

Monday, May 16, 2011

The usual suspects

Swat down from the blue line on EUR/USD?   Just not sure, hard to predict more downside after a near vertical 6% down already occurred.

Cable, the "old" PRS seems to have come back into play, just like Euro, Cable seems pretty beaten down, hard to predict more down, I just don't see any clarity here.

Fear Factor, nothing astounding here, just more of the Tight Snout.   But odd that Fear as measured by the FF, went down as the SPX whipsawed up and down but mainly down.

Sunday, May 15, 2011

Nuclear comments from others

  • from steveo--- We KNEW that these problems existed many weeks ago.   We (maybe I mean me) knew it to the level that "the sun rises tomorrow".   Once you "know" something, you don't need to rehash it adinfinitum. 

    But here is some "hash"
    What so-called experts said that this was impossible? If they are saying this, it must already be occurring. Ugh!
  • Pensacola Tiger
    Ten lessons from Chernobyl and Fukushima
    By David Krieger
    Here are 10 lessons from the Chernobyl nuclear disaster 25 years ago and the Fukushima disaster this year.
    1. Nuclear power is a highly complex, expensive and dangerous way to boil water to create steam to turn turbines.
    2. Accidents happen, and the worst-case scenario often turns out to be worse than imagined or planned for.
    3. The nuclear industry and its experts cannot plan for every contingency or prevent every disaster.
    4. Governments do not effectively regulate the nuclear industry to assure the safety of the public. Regulators of the nuclear industry often come from the nuclear industry itself and tend to be too close to it to regulate it effectively.
    5. Hubris, complacency and high-level radiation are a deadly mix. Hubris on the part of the nuclear industry and its government regulators — along with complacency on the part of the public — has led to the creation of vast amounts of high-level radiation that must be guarded from release to the environment for tens of thousands of years.
    6. The corporations that run the nuclear power plants are protected from catastrophic economic failure by government limits on liability. If the corporations that own nuclear power plants had to bear the burden of potential financial losses in the event of a catastrophic accident, they would not build the plants because they know the risks are unacceptable. It is only when government limits the liability, as the Price-Anderson Act does in the United States, that companies go ahead and build nuclear power plants. No other private industry is given such liability protection, which leaves the taxpayers on the hook.
    7. Radiation releases from nuclear accidents cannot be contained in space and will not stop at national borders.
    8. Radiation releases from nuclear accidents cannot be contained in time and will adversely affect countless future generations.
    9. Nuclear energy — as well as nuclear weapons — and human beings cannot coexist without the risk of future catastrophes. The survivors of the atomic bombings of Hiroshima and Nagasaki have long known that nuclear weapons and human beings cannot coexist. Fukushima, like Chernobyl before it, makes clear that human beings and nuclear power plants also cannot coexist.
    10. The accidents at Fukushima and Chernobyl are a bracing reminder to phase out nuclear energy. We need to move as rapidly as possible to a global energy plan based upon conservation and various forms of renewable energy: solar cells, wind, geothermal, and energy that is extracted from the oceans and the tides and the currents.
    Poet Maya Angelou once said, “History, despite its wrenching pain, cannot be unlived, but if faced with courage doesn’t need to be lived again.” We need the courage to abandon nuclear power. No one should have to experience the wrenching pain of another Chernobyl or another Fukushima.