Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, October 12, 2009

seems crazy

well, there was a first sign of weakness... I'll be curious how the volume and how this little 5 min upswing behave...


still seems crazy to be short today....

terranova super spike

so we sort of broke out... remember we are dealing with purple crayons here... but the super spike theory grabs hold here and runs.....

Econ 115

God bless the internet, I just realized that



He is posting it as he does the course, so you have to stay tuned.....

Dr. Delong, if you google this or whatever... Thank you... The Legion of those who choose not to be ignorant, thank you!

Sorry there is more

CNBC:

one of the economists that were wrong for 50% on the spx is out calling for a V... they like to point out some of the bears that are always bearish... but never the Dick Bove's who said buy banks since Jan 2008.

CNBC:
  • Your trading week Dow 10,000 and beyond
  • Earnings may offer pleasant surprises
  • don't miss bigger tan normal bounce,barton Biggs
They have pulled off the perpetual "Analyst says 10-20% correction."

I was just looking at the dollar

and gold, and the spx. and this is about the correlation.


I'm looking at it, and we may have a downswing in the dollar after 3 or 4 days of dollar strength...

Oh? you didn't know that?

that is what I'm getting at, the dollar strengthens and those who have the "Market up on dollar Weakness Thesis"... well things go sideways and now down on dollar strength.

this reminds me of oil in the froth...

Still the question is when will it end.

because it looks to me like we now have a bit of a downtrend in the dollar... and again we will hear "Weak Dollar gold, spx, oil up...."

we shall see!!!... but like oil, it could go on for months.


Thin Day

Columbus day


futures beyond my 4 pts...

hey, I'm just showing some charts! Feels super hard to sell.

Is that because I'd be stupid to sell it.... or is it a contrary indicator.

I'm tempted to just walk away today.

Seriously ... everybody is just assuming UP!... everybody knows it...


Ugh.. tough game... I'd like to see the right side of a reversal pattern to trade it.

and it's thin trading today... if I had to assume anything it's that we will trend up all day.

That is all....


Sunday, October 11, 2009

Lets look at some charts




On the Daily... Kissing that Trendline.... OOOOhhhhhh lookie at that lousy Volume, gets any lower .... it will be a record. Let us also comment that the breakout volume was solid.

Lets look at this last leg... I've got a target that is around 4pts on the SPX higher. In wave 3..
this could be wave 5

Here is the money... This chart sucks but I don't want to redraw it... certainly not for the money you pay.... It would be better in a larger time frame... but... DIVERGENCES... 1 push 2 push....
3???? nice wedge there...
Now in green I through up what an upside breakout would be."the Terranova Super Spike"

I've looked around, nobody has seen this same pattern. Seems like the wedge resolves by tuesday.
to be honest... it's all about the bank earnings...

I know this may be you I'm talking about... but it's not... I suspect there is some "Gap Talk" out there, which has some Bears hanging on.... Now I don't see any bears around... unless there are some running around talking about Gaps...

Lets remember there are over 10 gaps since march which remain unfilled... so if you are hanging on since the first one....

I told someone that it seemed obvious that we were going to move to new highs again...hard to think anything else... the question is ??? is that the good contarian sentiment.

besides the gap folk... nobody is ready for it...

but like I always say.... Lets catch it on the other side of the apex....

Friday, October 9, 2009

Friday randomness

Obama won the Peace Prize today. I'm sort of in the camp of the "Really! So soon!?"


*Head Scratch*

As I've thought about it, and the Grease Balls who talk for megabucks. Gloat and Fume... and it makes me want to say "well, why the hell not!".

What I do think, is that maybe it's more a sign that; Maybe it's the people of the United States that Won the Peace Prize! Maybe the real winner is "us" who turned our back on USA Hegemony, and have elected a new leader, in support of our new goals of nonviolent conflict resolution.

Rush Limbaugh called out Joe Scarborough(makes note... Conservatives fighting conservatives(of course, it's over Joe's masculinity(and let us just suggest that someone is 'overcompensating')). Those who were having such "solidarity" seem like the cracks are forming, and in some real symmetry it's interesting to see the Democrats start to shore up some of their cracks, and start getting people in line.

Mother Market:

The stories were all "10,000 next week" and "when do we got to 1400?" I drew a chart of how the Teranova super spike could lay out weeks ago, and it's fairly close. On fast money he was talking it again, and he thought there was some kind of symmetry to the move last Columbus day and Monday which is Columbus day. I could see the Dollar signs in his eyes. Who knows, but it can do it without me.
I'll not bet with the guy with Dollar signs in his eyes. It can go without me.

there is the first target..

I'm over it.

New chart....

that 4the touch of the 20 I think is the death Nail... death null?

2 targets

even as a basing pattern, you get that lower target... there is a higher one.

the question

is if this is part of say a 3 push or if there is yet one more high or an inverse head and shoulders here.

We stalk... till it makes a new swing high, or a lower low. If Higher high, we wait for the pull back and stalk it.

Thursday, October 8, 2009

hard guess

but this pull back could be wave 4... even though it hit my target.

do I dare call it..

there is a chance of another little push.

here is my target

lets look for that reversal....

bla bla bla, super spike


So... The reason I hate EWT is this. I've been dinking around with the wave counts right? wave 4 consolidation bla bla bla.... but I don't know that it's not a larger wave 2, and that we are about to do the Terranova Super spike. And I'm mostly wanting to post it so I can curse it(if only I believed that worked). bla bla bla or if Here we are the consolidation resolves, at 107.20 which is the target. and we get a reversal.


Things are very Fucking crazy for us to not be making a new high. Gold of course has gone nuts and the bozoes are going to be dancing. You have to agree things are absolutely crazy! I mean seriously... almost too crazy to ... I've never seen it this crazy... well maybe in April or march. But to be honest, seems just about everyone has proceeded to talk a bunch of nonsense.

I will note that at this time no new low in dollar Euro, but one would want to wait for the open or the Open Pluss 1 hour, to see if it can make it.... I mean hell go short dollars and see.
Maybe some head and shoulders, or 3 push.... maybe 11am downtrend into a stalk-able leg.

but on a personal note, I'm thinking about a movie today... and my cable is out.... See it's even crazier!!!

Wednesday, October 7, 2009

Some stuff

maybe part of the sign is that.... I'm cautious, probably more cautious than I've ever been....


WTF is that all about???

So... Guy Adami called an end to his "Debby Downer" impersonation yesterday. It looks like Doug Kass just Capitulated "I'm joining the Herd"

hard not to be a Contrarian....

I guess we will see.... Just to stick with the Chart Astrology, One more move up.

maybe we will be up big and reject it....

Ever Expanding consolidation

Hard to believe we are "Waiting for Alcoa"... we haven't waited for Alcoa in as long as I can remember.


But.... wave 4 continues....

Horror show

a day to drive everyone mad... only sort of made my target, then failed... Now goes down, breaks the downside, then bounces...... But Wave 5....

New Failed high, followed by an aggressive sell off.... We can watch and see if it plays out... or if we make a new high.

how about a prediction

how about looking for some kind of bear flag here.

I know I know

all my lines... Market if very confused this morning, EWT says higher, Sentiment on the Wain... dollar retrace, gold made a new high....


gives us.... consolidation....
to quote the Vultures
"I don't know.... what do you want to do?"

Yesterday I said.. Pull back, then stalk the upmove.... Chase the breakdown, or kill the upmove. When in doubt... talk about BS EWT.... so doing some wave counts at this point 1-2- and we are working on 3.....

Let me just say, something... say I was trading the upmove... the danger here is that "it's not going anywhere." and when it does that..... It suggests that The upmove could very well Fail.


Tuesday, October 6, 2009

Some update

Just to continue on the I'm no Genius, again I did puke up my longs in the morning, Cause I wasn't buying it. Umn, Though I talked about some kind of correction and got it today, I talked about it yesterday too. So, I mentioned the downtrend/ Buy the Bullflag. Trade of last resort on that breakout. Shown Above. It is having a hard time holding above that. And... Let me say that Guy Adami officially called an end to 'Debby Downer' I'll also suggest that there was a ton of excitement today, and it was offical "you can't be short"... Bla Bla Bla(all that means is we start looking for 'it' AKA the end of the swing. Let me also suggest that again, those that jumped in short on the downswing from last week are just taking pain, for not recognizing the swing. That white line represents the last point "They Panicked at".

Simple little Bump and go here.
So here this doesn't quite look like a Flag, You can say it looks like a Pole and a Pennant(TKS T-LO) Let us say that the most likely resolution if for the Pennant would be for it to resolve UP. Into the possible Reversal.(that is all my opinion)


But lookie here, we have that nice breakout. and you have a nice horizontal to watch, for the reversal.

LOL RUMOR IS

that at the "Secret Cabal" Meeting one of the things in the "Basket" will be Gold...


which is why the run in gold...

LOL

Never mind that this is 4 or 9 years out.

down bars

a lot of big fat downbars just setup

Pile on

I umn... was looking at the stigletz thing about him Mirroring Greenspan about "Irrational Exuberance"


What I was reflecting on was that I remeber that last pullback, and saying "I can't believe we got so Bearish so Quickly"... I can't remember when we got so bearish so quickly.

Now with .... The Fucking list;Barry, doug, Roubini, misch, stiglitz... it's just like every fool and I don't mean Moron, just everybody and their dog, knows this is grim, and gets caught in Pile on mode.

I guess the next pull back Lucifer himself will have to come out and declare "I'm Short"......

You know that I love a good trend line but, I think the real "Trade of Last Resort" is a break out of those buying "The Flag"

The hot trade

I puked my Longs up into the pre market BTW....

But here we are with sort of a 2 push... So consolidation into say a 3rd push or a right shoulder.

and it's after the consolidation one would look for it after another upswing.

Sentiment is solid right now for traders, but we need to find the Greater fool... and I think he is still out there...

Daily

Tony was asking... So you have that 8/28 high 9/25 Low. Which after we broke it, they puked them up. Now we are above it they are buying them up. But here we are in this upswing, which now has Broken that pivot level. Now we have Broken that level. Now we look to see if we can Stalk the uptrend and look for a reversal... Which Means WE WANT TO SEE THE REVERSAL. NOT TOP TICK!, and it seems like a significant break of the 104.35 or so.


Today feels VERY EXCITED!, and Orgasmic in gold!, If you are getting into gold. That greater fool couldn't resist today's open or tomorrow. The papers are all about it, if you are into gold... NOW IS THE TIME!!!! YEEEEEEHAAAAA!!!! "Johnny at the office" after thinking about it all day, seeing the high, I can't imagine doesn't at least buy the open tomorrow!.

Armageddon trade

SO... EWT wave 3 of 3 this morning. Wave 4of wave 3 after 10, into wave 5 of 3. see if we can get some kind of solid correction Wave 4 into one more high maybe tomorrow, which would be wave 5 of 5.


Word this morning is all about how there is a secret cabal to get rid of the greenback.
a story in the U.K. Independant about how everybody is going to dump the greenback. Excuse to buy the hyperinflation trade.

Misch has a look at it, I'll never give misch credit for anything but being a Curmudgeon. but it was worth reading.
I think there was something at ClusterStupid
What you have to realize is that most of this isnt new, with the exception of "Secret Meetings" but some random phoneconference wouldn't suprise me.

"we are concerned"
"what should we do?"
"I don't Know."
"I don't know, what do you want to do?"
"I don't know."
"I think this is bad"
"Me too"

Meeting over!

ugh

Precter is out... Calling for the great crash of 09


badapaglia was giving the great bear talk today. That guy needs a new tune.

there was a comment last week from Barry about how he had been right at the top. Even though I watched him argue with Misch, and talk about 10-20% more, at the top...

That is quite a few bears...

*shrug*

and it seems like we are getting more bearish, not less... as everyone want's to call the top.

I wonder how Art Cashin is doing...


Monday, October 5, 2009

so much for a bit of a correction.


Too many distractions going on around here to post. Nothing but a midday pause. So...

just to sum up we are still in the move. I'm very sure that we need to move above that green line and suck in some breakout buyers there... and we may do it at the open tomorrow.
Beyond that who knows.

Weirdness

don't get me started....

Seems like we have a multi day upswing. but We also have a target I just ran, so I wouldn't be surprised to see it correct

Decoupling

The craziness is that we have a slight rebound in gold, and dollar weakness with spx strength... which all makes sense...


but then we have Weakness in oil... and if you want an inflation hedge, oil is the place to look.

but like they said a week or 2 ago, somehow oil decoupling from the dollar trade was a good thing. and it seems to be continuing.

So...

this is sort of a 5 wave... seems like maybe still some kind of 3 push finish would be interesting... and maybe only a short leg down.

Something Sideways this way comes

My little flag was playable.... but... I'll be curious if we get a lower high here or if we can push up.. and make some kind of wave 3. This seems like an odd pattern. Not sure I want to play anything but solid failure... which I may not do..... and as I'm typing we are moving higher.....


Dylan Ratigan is on some kind of anti communist rant... some combo of Libertarianism and McCarthyism... somehow the communist have taken over congress..

I'd say Dylan needs to read more, they call it Hyper-Capitalism, where the Gov tries to help the corporations. It's kind what all those people at the G20 and G7 Meetings are complaining about. Massive Corporate Takeover/Globalization.

I'm not taking any sides... just pointing out that.. what is interesting is how garbled everyones thinking is... they keep trying to pidgin hole things as "communism" or whatever, and they have to realize their definition of Libertarianism or capitalism or communism.... well maybe our country needs a dialog to talk about what these things are. But I will say that the Media throws these terms around so Willy Nilly... No wonder people don't understand any of them.

Stupid chart

I just saw some idiot doing one of those "Time Market analysis" about how the market moves based on time cycles....


This one was ROCKET SCIENCE!!!

did you know? the market moves based on Fiscal Quarters????

ShhhhhssssSHhhhhhh don't tell anyone!!

of course they just marked off every 3 months and didn't realize...

SO FUCKING STUPID!

I don't even think they realized that it was 3 months, it was some 88 or 90 day cycle or something.....

Big to small....

here is the big chart.
Support here; is that horizontal, and that uptrend off the swing lows, and the 50dma. I hate to say... with all that support!!! Seems like a good bounce would be expected.

The Trend chart.Going to talk some EWT here. Red you have wave 1 and 2, then wave 3 is represented by the light blue. Which I break down as a Wave 1,2,3,and now we are in 4

The Friday move, there isn't an impossibility that it's a larger flag, but also could be just a simple pause.

I'd also suggest that there is no reason that the downtrend isn't over. The Real Sentiment Horror show is that we have many new Top callers. and maybe the good thing is, they will look for any up move to get short.... or they are already short and we will get a bounce.
As I looked at sectors, most of them have only just started to move and most of the motion is in the high flyer's; Cyclical and banks and Real estate.

Shrug... Heaven and hell I'm covered...
Let me also mention that earnings start Wednesday and normally the market is a buy at that point, and negative nervousness is priced in.

Sunday, October 4, 2009

This was amusing


I think being a Social Media Guru, is Legit.... But there is this fine line between being a Guru and someone who want's to twitter all day.

Sectors

Sectors, Let's have a looksee!
Retail-
Consumer Discretionary
XLE- Uck
XLB materials, let me point out that a correction is obvious here, but if you are playing EWT The July through Sept move does not look very "Wave 3", and you can see the same thing in most the charts. If your thesis is that this is wave 4 of wave 3, it's hard to see it, and still its doubtful that it would extend to the size of a "solid" wave 3.
Health Care, certainly it could use a correction, With all the boomers retiring, it seems obvious there is a long term positive for health care.
Regional banks, that is about the weakest chart I've seen.
Well this looks like a real correction in the XLF(above), I'd also like to point out that the rebound on Friday out of the banks was strong, I'd suggest the shorts are leaning hard into the banks, so the rebounds are vicious. Below consumer staples. Hardly any correction, it is a bit of a flight to safety.


Pharma
The new offering by Umbrella Corp!!
Cure for the T-Virus, a potential Blockbuster!!!
-Says Mike Huckman!

Summary.... It seems easy to buy right now. Which seems like a bad time to buy it. Many of the sectors aren't even to reasonable support levels, many of the Un-Hot Sectors have hardly corrected

Saturday, October 3, 2009

Repulsion... by roman Polanski


If it isn't obvious; I Obsess.....

Just letting you know.

So, I Sat down with 'Repulsion' Roman Polansi's MASTERPIECE...

Guess what the subject was, Sexual Assault of a Post Pubescent Youth. It's 1965, and let me just Kick to the end. It's roughly the Freudian concept that "Sexual Repression, brings about Insanity". One might suggest that it's roughly Rationalization of a post industrial patriarchy and The Masturbatory fantasies of Freud.


I've checked with my "Female sources", and discussed the topic in detail. The Gist of that was that Sexual assault fantasies are one thing, but it happening is another.

Let me just Hint at the idea that; Somebody who runs around with that concept in their head... This Freudian Concept Could easily rationalize the Assault of a post pubescent Teen.

BUT it's Offical.... Roman Polanski is a Douchbag! There are much better Artists, and much better FilmMakers. There is a new story in the Times about the Parole officers report. I'll not go into it. Judge Eric says he should get a good 6-12 months in prison. He will probably get 1 or 2. Of course if he is now being held, at one point they can just say "Time Served" and be over it. Which may be the European plan. Let him serve a little Loose Minimum security, while he waits for extradition, for a few months. Extradite him and call it Time served.

But on a personal note... I think I'm over it.... He is overrated as a director. the cinematography was great, no idea if he had anything to do with it.

Friday, October 2, 2009

Olympics

So, you think I'm going to go on a rant about what a bunch of assholes the right are for Rooting against America and against the Olympics.


Problem is, I live in Utah and we went through this. I have to admit that those people who think that having the Olympics is the patriotic Pro-Jobs thing to do! Well, it just doesn't tend to be true. Let me add that those thinking it's some kind of Victory for the Right, probably isn't true either. But it was a bad game to sort of fumble the ball when you are in the red zone on Healthcare.

This is how the Olympics worked here. The Ski Industry, started a Lobby group with the support of the chamber of commerce. They made a bid for the Olympics, and it was rejected because they didn't have support from either the State Government, or People. The first Bid Failed, Later a second bid looked like it was at least considered. Only it was obvious that they needed to Grease the Olympic Committee, Fruit punch receptions just didn't go very far. A Second Bid Failed because there was a Guarantee that had to be given by the state, that basically the taxpayers had to eat any loss. WELL we are one hell of a fiscally conservative State. And it was obvious that the Chamber of Commerce and Ski Industry wanted a blank check to build all this crap, venues that half of which would probably never be used again. The losses would be roughly 50%. State said no... I said no! ... What then happened was that the Lobby group had to come up with Millions of dollars to build venues, and to make absolute sure that no cost overruns would hit the state. So instead of using the state credit card those that would benefit had to come up with the money.

What I'm getting at is that the Olympics can be this corporate welfare program for the chamber of commerce... who can raise the money to make the Olympics profitable. but if you let them just go crazy with the taxpayer money, they will. But Making somebody besides the taxpayer come up with the money was what made our Olympics make money. It wasn't mitt Romney, It was that Utah Taxpayers refused to create a Subsidy or corporate Welfare for the ski Industry. It also seems like it was good to get Utah on the map as a Ski Location. But seems like Chicago, doesn't have much to prove... seems like its sort of a boom for the tourist industry for a few weeks. But besides to try and make hay with Rush limbaugh..... having or not having the Olympics is a local state issue... and of course there is the Loading up the briefcases full of cash! for the Olympic Committee! I imagine Chicago was good with that one.


I will say that is seems like the White House got into a game they couldn't win. If Chicago lost, they could lose some of his Core base, in the Chicago area, and look like a fool for not being in Washington, and letting a Jr Congressman from Florida do the Lifting for them. While the Senate at this point seems to have one of the worst plan for health care, I've ever seen. Seems like not only is the a Requirement for the poor under threat of jail and financial penalty to get Inadequate help in buying inadequate insurance. It looks to me like, I'll probably get taxed on my Insurance, so I'll probably be getting worse coverage and risking some Catastrophic Health Issue.... FINGERS CROSSED!!!! Hope I don't go Bankrupt because I get sick and have inadequate Insurance... but of course that was always a risk! I wish I had the balls to go to a savings plan!

Kiss your flag good bye

well not much of a flag.


Just to talk about me. Want to not be short, and don't want to be long.

seems like we are in the middle.

Subtle warning... seems like it went Overt.

next is panic... I'd suggest we get a decent bounce off of it.

My TV is all about it

Apparently Brazil is the new china!!!!!


and of course it's a Commodity play!!!

because China Rebuilt it's entire country for the Olympics right?

That huge project to block one of the rivers with a huge Dam! Requiring tons of steel and concrete... Well obviously Rio will have to have one too!!!

and with as much money as china dumped into it... obviously Rio will have all those dollars to do that!!!!
As China bricked up anything unsightly to make things look clean!!! Sure Rio will do that.

either that or there is some kind of psychological thing where we have linked china to Olympics and now the Olympics to Rio
Therefor RIO=China!!!

Or everyone on my TV is FUCKING STUPID!!!

hard read


we hit the 50dma, we are on that trend from the other swing lows.By wave counts, it sort of confirms my Monday Tradable low, short term, Then we bounce and who knows.


I want to note that Melissa lee, said this morning "Oh! we have seen this, we gap lower and then rebound the rest of the day"

but one can also.... Who the hell knows!! I guess I'll be curious how it trades and if there was just hot money put in this morning, and it will just as quickly get pulled out.

3.5 hours of NFP

It's like being Beaten with a Wet Noodle!


I suspect another down day. I think most traders are looking for a bounce.

I read a ton of quants, mostly because I find them more sentiment than anything. If I backtested Up day after a down day. I'd get over 50%

Also If I ran "In the next 5 days Higher close than Yesterday." and "in the next 5 days Lower close than yesterday" I bet I'd get 80% on both... I bet I'd get 60% off of Both Higher and lower close in the next 5 days.

These are the reasons I think quant backtesting models are stupid. if you were using those models, those would be your MEAN, then your advantage would be the deviation in your backtest from the MEAN.

I'd say that Yesterday's selling will beget More selling this morning.... RIGHT!!!

Money manager meeting:
"well lets just take some profits and free up some more cash, Who knows what is going on.. but just to be safe."

so that is today, and there will then be more selling... the weekend papers will talk about it, and freak people out, Retail will take profits on monday morning...

Then a bounce.

But... I'd say this isn't the place to trade... If we have a Huge gap down, I'd say take some short profits. and look to put it back to work on an intraday Flag. If you are playing intraday... I think you are going to be looking at some work, I think there will be some non-Trend motion.

Just a random comment... there hasn't been a NON "V" bottom in 40 years... if that happened, you have no idea how much it would freak people out. I doubt a retest... I very Very Very DOUBT a Retest!!! I think if it happens the economic numbers will telegraph it, and the market will float on some Denial for some time... So.. I'm not sure it's worth worrying about... we will know it before it happens.

Sticking to the model is best... even though.. imagine... maybe it in a larger context.

BLA BLA BLA

back to Joe and the never ending NFP talk.

Ugh....


Fell asleep at 9 or 10 then back up at 1am... apparently asia is closed or something, I'd check or open up futures or something but i'm lazy.
I talked about this: saying "It's a learning Game" My point was that it's normal for everyone to see this as a repeating pattern. Assumed that it will repeat infinity, it's like how Taleb talks about how economists just extrapolate the spreadsheets out a few quarters and you get dow 40,000

Only the stupidest traders think it's going to repeat.

I have to remind myself about posting, one problem I have is that some of the same traders I find are fools start parroting my posts. Then I get confused about what "They" are doing. You know... my samples are too small for any real science out of the data.

many think that we are going to get a bounce... so I wouldn't eliminate the possibility of another down bar.
Then the weekend warriors can puke them up on Monday morning and we can get a bounce...

Like I mentioned everyone is watching 100spy or so... and that is very true...all eyes are there.

Thursday, October 1, 2009

Chart Astrology

I mentioned to tony as he was talking about when to buy. That for a bounce the Trend day Pluss some Grim Futures, is typically the buy for a bounce.


I also had a target of 103 on the SPY.

So... now that I'm covered in Heaven.
Let me cover myself in Hell!
There is a new target of 100-101.
The Automated SAR's kicked to a Sell, The improved SAR's which are not depicted were triggered at 1030.
10% correction is 98 or 99.

The wedge or break of the wedge is widely watched, and should kick in enough panic selling to cause a bounce... or as trend watchers would say, we can break it, then come back at it from the underside.

that 10% is a little obvious, so seems like a bounce will happen a little bit before.

Rep Grayson on CNN

This is just good stuff:


now it's not clear that, what would be improper is if while someone was speaking you tried to shout them down. Or call them a Liar. He does neither


I do have to say, it is rude!


Here he is on maddow

Observation

I get a total Bad one... seems like CNBC has mastered hiding the Bulge, and no I'm not talking about the bulge Teranova has for Santelli!


This morning Trish Waddled down to the floor, and stood sideways, and her Black dress and colored jacket was doing a great job of hiding the fact that she is 7 months Pregnant!!! For regular Readers... I just noticed she was Fat on sunday! and I think Tony had to tell me she was Knocked up!!

I guess all that time hiding the bulge Maria has had for the past 7 years has come in handy!!!

But bad on me for not noticing, but in my defense I hate the midday kudlow, and usually when she talks I turn it off.

ugh

nice to be able to shut down CNBC and just watch the testimony.


Just a quick comment, As far as dissemination of.... Infotainment AKA news seems like Huffington post has finally hit it's MEAN! when some of the MEME's show up in the CFS of the congress, seems like they are there.

I wrote a letter the other day about how my senator Orin Hatch was destroying Capitalism.

Seems like the market hates all numbers today....

morning prediction

So, My predction is that traders will try and fade the gap down 5.


Remember, my point isn't to suggest what to do! My suggestion is that This is what "They" are doing. and the real question is how to play "Them"

Time to face the MUSIC

I read through the news every morning, and still I run across stories supporting polanski.



He added that despite a "leading Polish director" being involved, it is still a "case of rape and of punishment for having sex with a child"


a little lucidity is coming across the land

Now amung the hollywood NARSICISTS!

Despite that, Mr Polanski has no shortage of supporters, including at least 110 film industry figures who have signed a petition calling for his release.
Among them are Martin Scorsese, Woody Allen and David Lynch, as well as Wim Wenders, Pedro Almodovar, Tilda Swinton and Monica Bellucci.


Of course that other PIECE OF SHIT! Woody Allen(ANOTHER OVERRATED DIRECTOR!! who has 2 maybe 3 decent movies), but another borderline Pedophile(i'm going to give Polanski the benefit of the doubt, assuming he comes back for trial)

It's strange when JEWEL has moral authority over you:

"Polanski-admitted raping a 13 yr old-whys every1 in the arts upset hes facing jail? cause hes a gifted director? what am i missing?" asked bewildered singer-songwriter Jewel via Twitter.
retired deputy district attorney who triggered claims of official corruption by telling a documentary filmmaker he had coached a judge in the case now says he made it all up.


Here I am Asking my self "WTF" with this... why am I obsessed with it... then I ask WTF why are we obsessed with this... BRING HIS ASS TO TRIAL!!

Why does NewsMax hate America!

When are people going to realized that not only is this stuff ANTI-DEMOCRACY!!! But it's ANTI-CONSTITUTION!!! This isn't Patriotism, it's the opposite.


And Generally against every Value we have as a People!!! WE HAVE ELECTIONS, THEY ARE EVERY 2 YEARS!


There is a remote, although gaining, possibility America's military will intervene as a last resort to resolve the "Obama problem." Don't dismiss it as unrealistic.
...
Will the day come when patriotic general and flag officers sit down with the president, or with those who control him, and work out the national equivalent of a "family intervention," with some form of limited, shared responsibility?
...
Military intervention is what Obama's exponentially accelerating agenda for "fundamental change" toward a Marxist state is inviting upon America. A coup is not an ideal option, but Obama's radical ideal is not acceptable or reversible....

John L. Perry is FUCKING CRAZY!!! time to get back on the meds!

Some old school (80's) and some Nerd School!



Hard morning

It's going to be a tough one, maria Caruso Cabrera is on squawk.....


Who the hell, convinced her she was an analyst.. I guess she figures if everyone else can be randomly wrong, she can be too.

and she just said "oh!!! market is opening lower 5 pts on the spx... not so much!"

1.4571

Apparently the dollar is stronger, but oil is going up on geopolitical risk... sounds like rumors looking to create new bag holders for it!

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc