Tuesday, July 01, 2014

The Magic of Whole Numbers AKA SPX2000

It is a human nature to admire and submit to unproven magic of numbers, in this case market needs to hit SPX 2000, but after that, especially in the period from July 7th to July19th sharp correction could be quite possible.

Monday, May 26, 2014

When in doubts–stay out

That is exactly how I was positioned last couple of weeks – 100% cash and not only because market is not sending clear (to me at least) signals, but also due to 2 weeks scuba diving Bermuda “expedition” – quite soon I will be old and incapable of enjoying simple stuff – that is when I will go back to work Smile





But I do think that next STRONG move is just around the corner (that is when I trade – when I hope for strong fast moves and I try to stay out when market chugs along boringly )

Wednesday, April 16, 2014

Friday, April 04, 2014


As much as I know that economy and market have nothing in common that much I am disgusted with this market on free money drugs.


All roads lead to the failure of Rome – history does not repeat, but it rhymes…

Wednesday, April 02, 2014

10 year rates are about to skyrocket? /ZN TNX


Long term /ZN rising channel from 2006 is about to give up?  Does not look like a diamond reversal anymore, thank you Putin for getting upset with moronic JPM actions…


Is it just me or the world is accelerating its descent closer to WWIII????


But … do not worry – drink beer, watch TeeVee and be happy…



Wednesday, March 26, 2014

I get no respect








And, speaking of stock market … it was quite predictable for over CONfident bulls, now it is quite predictable for people with common sense – short the rips, cover the dips


Looking at USD …. setting up for a trade, but not yet

Thursday, March 13, 2014

Copper … full ahead … down




TDST Weekly support was tested twice – it is bar 2 of ongoing Buy Setup … and the common De-Mark-ian wisdom says: “ if TDST penetrated on bars before 6-9 …. look down below”

Monday, March 10, 2014

Stopped out by 5 points trailing stop

But will reshort again a little higher – that doji is too tempting. Trading around trading around with TDRL penetration as my “throw the towel again” reference level. Unfortunately 2 days TDRL is quite above 1900 level that is why I am so cautious and not taking big bets and closing out faster than normally would.






Looking at coffee futures and recall me saying on Slope Of Schlopes  site when it was around 115 that “it is has bottomed, but with this volume I am not a game” … well, I wish I made money instead of just been right … when will I be right on the market? I truy expected mid January to be a significant top, still looking at current move up as “overthrow”, but getting increasingly puzzled every day … who knows – may be idiocy of Cramers of this world is the new wisdom … “where else would you put money now if not in stocks” … no valuation mentioned – and it is a way it is in new Aby Normal – who cares … those are tulips, they grow … still!