Friday, September 12, 2014

I [do not] love Gold /GC

Longer term charts do not look good for gold bugs crowd – even though shorter term gold seams to be getting close to an oversold bounce – longer term charts clearly show symmetrical triangle which statistically leads to continuation of the prior trend.







Wednesday, September 10, 2014

In Observance of 9/11

To all my friends who meaninglessly lost their lives in the flames of WTC - you are remembered, you are forever in my heart...


This picture was taken few days later from Merrill Lynch’s building at Broadway 200


Thursday, September 04, 2014

Hacker Breached Insurance Site

According to WSJ a computer hacker broke into part of the insurance enrollment website in July and uploaded malicious software, according to federal officials. Danny Yadron joins the News Hub with details.

McDonald Workers at $15 per hour? Good riddance…

Momentum Machines cofounder Alexandros Vardakostas told Xconomy his "device isn’t meant to make employees more efficient. It’s meant to completely obviate them." Indeed, marketing copy on the company's site reads that their automaton "does everything employees can do, except better."
Read more:



burger robot diagram

Tuesday, August 19, 2014

UK Property Prices Suffer 'Largest Decrease Ever' As London Real Estate Goes Into Full-Scale Collapse






Business Insider

By Jim Edwards19 hours ago



formula one racecar crash upside down

REUTERS/Kai Pfaffenbach

More sellers than buyers, basically.

Property prices in the U.K. can't go on rising forever — and now they're not.

A survey of 90% of the market by Rightmove, a real estate price tracking company, shows that real estate prices fell 2.9% in August, the second consecutive down month this summer.

Prices fell nearly 6% in the overheated London market.

Monday, August 18, 2014

Bounce is almost over

Refer to my post as of August 8th 2014


How long will bounce last?


Using the same chart – there is a possibility that counter trend bounce might be on its last leg




Guard your long gains

Friday, August 08, 2014

How long will bounce last?

Bounce was expected – the question is “How long will it last?”

I bet even money – to surprise a lot of “Bull is not dead people” – very short while.