Saturday, October 6, 2012

Health Care Funnies

In the United Slaves of America, you need to work continuously to pay for health care, like it or not.    

But the below is funny

Doctor Explains Obamacare In One Hilarious Sentence --

This clip hit Youtube on Aug. 22, and already has 2.2 million views. The woman speaking is a physician, Dr. Barbara Bellar, who is running for State Senate in Illinois.

"We’re going to be gifted with a healthcare plan that we’re forced to purchase and fined if we don’t, which purportedly covers at least 10 million more people without adding a single doctor but provides for 16,000 new IRS agents, written by a committee whose chairman says he doesn’t understand it, passed by a Congress that didn’t read it but exempted themselves from it, and signed by a President who smokes — [laughter] — same sentence! — with funding administered by a Treasury chief who didn’t pay his taxes, for which we will be taxed for four years before any benefits take effect, by a government that has already bankrupted Social Security and Medicare, all to be overseen by a Surgeon General who is obese — [laughter] — and finally, financed by a country that’s broke.

Friday, October 5, 2012

Faber versus Rogers, great newscast

Take the edge off the week

This is how I relax after the HAL 20000's blow out my cable short stops time after time.

Those "exhaustion tops" are nothing but a preplanned stop raid before the bid is pulled (i.e. buy orders are dropped way down or removed and then the real move starts.    

An honest analysis of trades on Cable show it to be particularly treacherous.   Nothing like two old schoool imperialistic countries going head to head with their HAL 20000 computers and the knowledge of where every stop is placed, and the elasticity curve of what I call cash flow much money is needed to move the price "X" percent, say 10 pips.  

Tough game that Cable, no big losses of course, but lots of little ones, and no "big runs" to make it back.   Annoying, and more than just that.

Hawaii radiation levels up 50%

Update on Hawaii rad levels

I has a normal 24 CPM reading over an 8 hours aggregation time

BUT THEN the next 8 hour test came in at 38 CPM.   Just odd, given that Hawaii has been consistent and fairly low all of 2012.

I am running another overnight test, this one outside and will report back results.

The issue is, of course, what the heck happened in August and September when mainland US cities started ramping up to scary levels, see post.

Thursday, October 4, 2012

XXIA acting as predicted (ie hoped)

We published this one yesterday.  XXIA   Big winner so far.   Expected a retrace.

It's a BPT trade idea, but I drew the lower line which indicated the bottom side of the pattern, and I jumped in long INSIDE THE PATTERN.

Stop was set at 9 period moving average...and is shown in the first chart from yesterday.

If you set your stop right below the lower trandline, it would have been taken out this morning, they love doing that....sweep the stops right before a relative whale moves in with a 250,000 share purchase.

Here is my post from yesterday, just so you believe me

This stock is not that thinly traded, although on alot of the small stocks, it is hard to trade even $100k without moving the market a little, but more importantly, becoming a stop target.

And yes, Virginia, "they" do know where all the stops are hiding.    In reality, this is a joke that this is allowed to continue as if a free market.    The HAL20000's definitely can calculate the elasticity curve of -- add this much money, get a temporary move, stop sweep, and sell at top or short at top, and then go long again on the pullback. 

Wednesday, October 3, 2012

Spotted on a Slope

Spotted on the Slope of Hope

The powers that be have placed two men in front of us, they will split the "issues" close enough that voter count will be 52 to 48% or thereabouts.   Their lies will be about equal.   Their vested interest backing will be about equal, although different types.   They will not have you in mind when policy is made, with handouts made to those on the edge to prevent them from picking up the pitchforks.

Given that Obama, the constitutional lawyer, has raped the constitution and the rule of law, my vote will be clearcut.   A possible OK is far better than a known bad.   Obama has the gift of speech, or at least used to, but beyond that I can see no redeeming features.   The gift of speech was also strong with Reagan, but at least with Reagan, you had the idea that he harbored strong beliefs that were also in sync with the best interests of the old America, and not 99% generated by "handlers".

Indeed, America has drifted far from the laws that were supposed to reign in the possible "capture" of America.   Drifted far from the implied contract that citizens could decide to invest their lives and labor in this country, thinking that there would be civil rights and the rule of law, and that saving for the future could make the near term hard work worth it.   Instead those who have worked hard and saved are targets.  Targets of everyone who see a big pot and wants a piece of it.    Targets of government debt default through increase in monetary supply to rob the savers and encourage the drunken sailors.   Targets of a flawed legal system where the lawyers get rich in out of court "mediations" because the justice system has become so dysfunctional that everyone, especially the judges try every trick in the book, including extortion in order to allow the lawyers to pick the bones of both sides in the "out of the court system" scenarios in which the lawyers have absolutely zero liability and accountability and can be completely incorrect in use of the law and still walk away with the loot scot-free.

We could probably go on for a few dozen pages like this, however, the main point is that until fundamental changes are made, it seems like it will take a good hard look into the world of Mad Max before the average sheeple will be forced into a changed way to operate and look at things.    In other words, these changes seem to be have to be forced upon us under conditions of extreme pain and upheaval.  

Neither of these men placed in front of us can accomplish the task of just "working our way out of this".   

That said, I do feel prepared enough that when the shit hits the fan that I think me and my family and some select friends who are like minded will come out of this all, not just OK, but better than ever.   However, there is also the good chance that we take some serious hits while going through this "process" including untimely death.   I think those odds are like 4% to 8% for me, and yes I am pissed at those who have brought us to this stage on their watch, even in their plans.

I also appreciate the chance that Big Ben gives us by printing a few more trillion or maybe even 30 more trillion, as this gives us more time to prepare, and where strategic alliances can be formed and strengthened, to educate.   I thank you Ben, as I hate your little ego driven shot at fame that the handlers have given you to implement your academic theories, whilst taking the largest risks of all just to prove that "you were right".

Suzy and the Lemonade Stand

That was great…very cute video of Suzy making a Lemonade Stand.

Susie's Lemonade Stand

Here is my business cynics take on maybe generating a laugh….

1. She got a permit for that stand?
2. A State sales tax license?
3. Federal tax license/ ID number.
4. FDA approval and local health inspection?
5. TB testing? 6. Street Vendor license?
7. Traffic control plan?
8. OSHA safety plan?
9. Insurance?
10. Waste disposal and recycling plan?
11. Independent contractor status agreement for deliveries?
12. Compliant with child labor laws?
13. Ready to send out 1099’s to suppliers?
14. Of course there is no “failure to maintain business records”?
15. I sure hope she didn’t rip off those lemons by hiding them inside the backpack on the way out.
16. Certified arborist to make sure she wasn’t setting up by any noxious weeds or endangered species.

Good to see that capitalism is alive and well in the good ol’ USA.

Astro Freaks Unite

Compare this date with crash of 1987


Nice flag, buy within the pattern, stop at the green line.   these are my notes to myself, everyone's risk tolerance and strategy and time frame is different.   Some people wait for the breakout, but we could get a 3% move within the pattern.

BTW BPT Breakpoint Trades has recently greatly improved their watchlist formats, this is one of the ideas, they have like 30 items on watchlist, 2 caught my attention and matched my methods.   

It is a low effort way to find good probability trades.    Maybe 15 minutes total which is all I can afford today.

And I don't want to be all over the board with 15 positions, just 2 trading positions now.

What would a currency war look like? Like this.

What would a "Currency War" look like....since mid 2009, it would look like this.   Fighting for competitive devaluation, printing money, and using unconventional means of monetary policy as Ben said "communication", which is what Chi-town Fed boy did....trying to talk the dollar down by yapping about "we will print even double what we said and forever!".   They don't want to lose the election AND generate a bull market in pitchforks by rampant inflation, instead they would prefer to talk the USD down.    Lots of foreign listeners, well they actually listen to what the Fed says...not what the Fed does.

Surprisingly, ES was up today, yet Cable did not get any  footing and continued on my "very bearish" prediction.   Best to bet the direct product, and not try to predict ES using Cable, as there are lots of shenanigans going on behind the scenes.

Stop Hunting After Hours - Like Chasing Antelope