Ha! I'm back in

 For reasons only the universe will understand.
I'm back into trading the market.

My fantasy being that I can do it and have it stay healthy.

Politics....

To be honest... I Fucking Love Politics.

I said earlier in the year. "We may not get what we Want out of our politicians, but we certainly get what we Deserve". That was my thought when Bush 43 got into office, He may not have received the popular vote, he may not have honestly won the electoral college, but we certainly deserve him. I hear people complain, people who can't be fucked to cast a ballot... I think... ya, go fuck yourself you can't even be bothered to vote... some bullshit about corporations and your vote not counting... bla bla bla... Shut the Fuck up! Decisions are made by those that show up... and you ain't it.

I look at Mitt the Shit, Hear him bullshit his way through the debate, lying and talking about plans and what he would do, and watch him do anything and say anything to win. The ends Justify the means. I'll be a great president, I don't care what I need to do to get there. Little do they realize, It's how you carry yourself through life that determines  who you are. That is the Moral of the selling your soul to the devil.... Once you have sold your soul, it's gone. That Daniel webster will show up and defend you, or that you will outplay the devil on your fiddle to reclaim it, is just empty deluded hope. You turn that corner, you never come back.

I remember being in a national park and having a park warden come up to me and want to search my bag. I said, "No Fucking way" He reached for it, and I pulled away. I spent the next 20 minutes giving him a civics lesson on how His right to search for weed was Trumped by my right to Privacy, and that he would lose his job for trying again, and may get his jaw broken for assault. Part of that civics lesson was on the Lack of morality of "the ends justifying the Means" and just because he felt he was doing the right thing, that the road to hell was paved with good intentions. I suspect after this the guy hated his job.

That is how I see Mitt the shit, He thinks that getting elected he will be able to do some good things, so he is willing to say anything, lie about anything, Make shit up, "Massachusetts has the best education system in the country." ya, and it has since before you were Governor and was after you were Governor .. but taking credit for it being number 1 in 2012 is a load of shit. since they were 3 when you left, and 1 when you came into office. It also doesn't hurt that MIT and Harvard are in the State. Ya, it's because it's heavily Democratic and democrats love education. They think it is the path out of poverty, as opposed to having a rich dad.

ya, being Amoral is a benefit in business and politics... I just wish people could recognize Bullshit when they see it. America loves it's sociopaths.... So admirable to lack empathy...

Shut the fuck up!

number two

What you would want to see in a downtrend would be... I think... For it to slowly sell off for a few days. Sentiment was kind of negative this morning.

For some reason

I opened up some stock charts and started looking.

any move in the next few weeks under 1400 is a bad sign. This feels like a wave 5 move on the trend since june. But, when I look at it it doesn't look like it. I love that the move up happened during the DNC convention. As far as Feel, it just feels like this was a "Everyone back in the pool" kind of move.

On politics, Romney is a Perv. Most morons are. It's a massively patriarchal religion still stuck in the 1800's beatings of children and woman just being the norm. I told a friend today. I live in utah I know a ton of them. I have never met an exceptional mormon in my life. There is something about them that precludes them from being Exceptional. I'd suggest it is something about them being the ultimate sheep. Either they are the Wolves in sheep's clothing or they are the sheep. Romney is a wolf in sheep's clothing.

So sure you say, So are Catholics and most Christians and all the other religions. There is a foundation in Christ and the teaching of christ. Mormons have Joseph smith and Brigham young. If you read their teachings, you wouldn't find them to be all that christ like. in fact you can also say with the tendancy of mormons to marry children as part of polygamy, woman in their teens. They were actually pedophiles. This is the religion of Romney. It's a religion of sexual deviants, and their enablers.

My prediction is that you will find in the next few months people will get to know him... as much as you can know a plastic Muppet formed in the likeness of Ronald Reagan, People will not like him. I'd also say that anyone who straps their dog to the top of their car on a long trip.... Well how much empathy did he have for that animal... What do you think? do you think the common people of this country will receive more or less empathy than that dog? he saw and pet that animal for years, I'm sure that very animal tried to lick his face and just wanted love from his master. Well.... Believe he will have more care and concern for you who he has never met if you want to... I think if we elect him, the people of this country will be treated like a dog on the roof of Mitt Romney's SUV.

I guess I didn't post it, and it is sort of hind site at this moment. I knew something was up with gas prices, they didn't go down fast enough or far enough. Too many people were speculating in that market and it has nowhere to go. Now... I hope there are enough lifeboats there.....

my god!

In the face of the republican convention the market is going down!!!

I can't believe it....

Apparently the market hates Mitt

New Restaurant..

It's funny, I keep getting these e-mails from some investing bla bla bla....

Sometimes a company or a restaurant thinks that the name or the furniture is wrong. They change the name and the tables. But in the end... It is the same Crappy food. But they never understand that it isn't the name or the tables that is the problem.... it's the crap food they serve.

Next incarnation... Wealth Guru.... WTF....

a week ago

a week ago, I pointed out to a dear friend that we were in "buy the dip"mode... and of course after that comes the top... so... I'm not sure if it has happened or if we have another little push. Checking my reads... we have the nice "Profit taking" sentiment... and general disbelief that the rally could be over.

Lets see.

fade eric bounce

well we got the fade eric bounce today....

I should have thought of that. I still say we get the retest, we can see if there is much more bounce in the market tomorrow.

so I suck....

I can't get a chart going right now... I'm just totally out of practice.

Tony E-mailed me, asked if monday we had a bottom. I said... "it doesn't feel like "we are going to crash" sentiment, there is still some optimisum. We had a nice run... everyone got very excited... and we rolled back over.

This bounce sort of felt wave 4 to me. feels like a move to 1050 on the spx is in the cards. I nice little bear trap below there would sort of feel "Right" some kind of "look out below!!!

tony asked about my indicator and how I read it... if 10 is euphoria. well we are now at a 2 or a 3. futures are up fairly significantly... I just think that like I say "futures are sentiment" that is not exactly "Negative".

I'm keeping an eye on it... I just think the market will have to test on a quarterly basis that 1050 level. or somewhere in there. It just seems silly not to try.

bla bla bla ... central banks .... Default..... what we need is a nice MEME.

of course "slow growth and a sideways economy" .... well we knew that....

hmm

Well... I was looking at sentiment... it doesn't seem like we are there.

Classicly a bounce this week as the options expire. All the Put buying over the past month.. should honestly start losing their value.

but I'm a bit rusty... but sentiment isn't quite there.

so... a bounce at the beginning of the week... well we may need to see all the options expire then after that we can get a good Woosh....

so... I'll try and keep track... I'm rusty... and very busy these days... I guess on my DSI scale... a 1 being panic a 10 being euphoria. we are at a 3.

two posts

so.... I'm watching Tuesday's low.

there was a Macke story around about "Fuck the fundies... just buy them because they are going up"....

look it up... I'd link it but WTF do I care :)

oh.... point is I think this sentiment bodes fairly negatively for stocks

.... stuff

We had a nice little sell off on good news. My stuff says that isn't a good thing. If we can keep selling we should get a significant Retest. Of course I doubt a retest of the 2008 low, of course that I say that.... seems like some form of sentiment.

Wow... didn't know I was still alive? I'm just super busy, and try and avoid this nightmare of Market people. I was doing some reading a few months ago about psycopaths, one of the lead researchers suggested that if you couldn't study them in jail, the second best place to research them would be global stock markets.

I'm trying very hard to pull off some trading while ignoring all the egocentric bullshit, the market has to offer. Not spend hours paying attention to the tickers and trying to gage sentiment through broader means. Many people breathing a sigh of relief these days.

Re: market action.... if we can keep moving up... it's all still just denial stage. I've been out in the economy for the past Months. It's not good, some solid jobs are coming back but there are some very strange things going on. Some serious worker exploitation. I guess all of that is obvious with all the Labor issues going on. It honestly feels like some of the last desperate stands by the entitled. (buy entitled, I mean the aristocracy)

the question is....

Was that Euphoria.....

I'm not watching TV....

for some reason it feels like Pre-Euphoria...

but maybe that is the good sentiment... even I'm scared to call top.

a planet unto himself

Tony said "Maybe you posting is a sentiment sign in itself"

Sure, I could hedge and say "Maybe we are in Denial"...

Or some such GAY ASS LAME MARKET HEDGING WORTHLESS BULLSHT!!! the kind of Bullshit from "Market Pros" talking out both sides of their ass. Talk that makes Washington look Sane, and respectable.

But... I think here comes Aversion.... I have no problem being wrong. But ... I've called my shot.

Of course... now I want to see the technical breakdown....

No chart But ..... Lets see the start of the pattern of Lower highs and Lower lows....

Sentiment... is now 90% there. I'm not paying enough attention to see if it's perfect... or how close it is to Perfect.... Or watching CNBC... But .... Over the weekend and friday... we still had some "Doubt" in this market.... We could still need to see One more up day... To make the last bull hit buy....

Let us see what Happens....

Long time

It's been a great year for me. Fucking Amazing if I do say so myself.

Glad I quit spending nights Butt crunching the market. You have no idea how little I want to ever spend a night watching the futures.... Which is absolutely Futile. Or Giving a shit what all the Narcisistic Lunatics that do every day, have to tell me.

I like Doug Kass, but ask yourself every time you watch CNBC.... "Do you Want to be these people" Doug is a decent guy... but it looks like he has some solid neurosis... as do 99% of these people.... Is that what you want out of your life? Don't kid yourself... as they pretend they are "Well" or that "Everything is fine" They are not well people.

Like I was saying... Get a life... It's not that hard to watch the technicals every few days. Check a few blogs for sentiment and make a bet or two....

Ok... So... it finally seems like we have fairly positive sentiment. I'm not sure it's perfect yet.... But it's time to keep an eye out for a breakdown.

Bla Bla Bla...

Since the winter, I've Rebuilt the house, Currently doing an overhall on the rest of the property, taking care of the Barns and Garden. Had a Brilliant Garden this year, which continues to produce some Amazing Vegetables. Digging up Tons of work.

This Amazing woman is Absolutely Crazy about me. Life if Fucking Amazing....

Like I said, that fucking market will suck your Soul.... and you will become one of those fucking market vampires.

well

sentiment is still fairly negative.... It's a tough call.

if you are bearish, which I'm still sketchy about sentiment wise. You want to see a flat open which sells off.

I'd still like to see a couple modest slightly up days, and for sentiment to shift.

test

we had that nice test of top setup on friday... which seems to have failed.

Now... this seems very emotional. For a "Real Correction" I would have liked to see it be a down 100 or so day. I'm a little suspect that this may not make a new low. That and sentiment is quickly negative. I'd be curious what is on CNBC.... but it's too hard for me to watch.... Maybe I'll check it out on monday.

what have we

Throwing a few flags in here... It could just be Basing.

last we checked. we had a nice bear trap... and still off this flag, there is a solid chance there is yet another bear trap.

Futures are down 5 right now. I've always said futures are sentiment.... so... it is hard to draw any conclusion from them. Up 10 off the close. now down 5.

Sentiment did shift quite aggressively today. It's at least 50/50 bull bear.

here is the daily

I hate listening to CNBC.... BLECH!!! makes me want to puke.

Lots of anticipation of bad NFP.... and again... it's a bad NFP... economic data is stinko!!

we hit some resistance.... and a nice trap could be here...

it's a tough game in here...

what have we....

This is kind of fucked up as an E-Wave count. Even as an ABC.... From my read... seems like we are close to a bit of panic. Many people took notice of the market today.