Tuesday, September 27, 2011

Back in the USSA

2011-09-23_1959

How happy we are …

 

Gold corrected back into the long term channel/pitchfork and bounced off Setup Buy 9 (Mass media was ecstatic: “Gold ended biggest few days drop since 1982” … yeah … OK…)

 

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Monthly is a SELL, weekly is a SELL – oh WELL

 

2011-09-27_1834 Widow maker AKA Natural Gas is a LONG in my books (posted few weeks back on DISQUS that “I am getting strangely attracted once more  )

Weekly BUY and daily ( welcome to the world of my hallucinogenic charts ) looks like a good risk/reward

 

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2011-09-27_1838

AAPL (which I declared temporary shortable) and AMZN were red on the green day … ...Yo-ho-ho, and a bottle of rum!

Thursday, September 22, 2011

SPX Video as of 09/22/2011

 

Tales from the dark side … well, wait, I forgot – we take no sides at all….except for the Dark Side – do we?  (from today’s Disqus threads )

    • DavidDT Today 03:29 PM in reply to Grasul

      hey hey hey - SQL people are the ones I DO respect - they are way too logical to become rich!

      Edit Reply

    • Osikani Today 04:26 PM in reply to DavidDT

      >>> ...they are way too logical to become rich! <<<<
      Now you know why you had to chew me out before I got religion. LOL.
      When I start my guru seminars, the first thing I will do is say: "All engineer, physicist, mathematician types, please separate yourselves to my right". Then I will look them in the eye and tell them: "In this room, you are the most likely to fail at trading. Once we are done here, the first thing you need to do is learn how to react instead of analyze. It does not friggin' matter why the market is going up. If you see it going up, and your analysis says that it is impossible, stop trying to find out why the market is not behaving according to what you think, and just get out. You can do your analysis after you are flat. Until you learn to suspend your logic, you can expect to be making other illogical traders rich while you go broke swearing at the screen."

 

And now – if market does not make you wish you were … not on the market – try to get through my accent!!!!

 

 

 

UPDATE   2PM EST September 23rd

 

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Monday, September 19, 2011

Forget indexes … or waking up to an individual stock trade ( AAPL )

My comatose state of mind while market is searching for direction after completion of full 1-5 A-C wave was interrupted by today’s Brandt’s post … something about shorting some POS stock … I think name was some fruit “Peach”?  “Shnaple”? “apple”?

 

“Forrest Gump went to his mailbox and opened a letter. In the narration voiced by Tom Hanks, Forrest states that Lt. Dan invested in “some fruit company” and that he didn’t have to worry about money anymore. Forrest says “Well that’s good. One less thing to worry about.”

 

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(AAPL) that was – and, quite interestingly Brandt’s observations were quite in line with what DeMark-ian woo-doo tells us – TD Setup Sell 9 on daily.

 

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But, of course that was not the only reason why I grabbed few long (AAPL) puts – take a look at (QQQ) daily and tell me if it is not looking like huge rounding top – could we get so lucky and jump in on the short side of tech heavy NASDAQ for wave C down?

 

 

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As it was mentioned on DISQUS (YES – I AM watching you kids!) DeMark was working quite admirably as of late – let see if it lives up to its reputation now!

Sunday, September 11, 2011

10 years…hard to believe

[180px-Wtc-2004-memorial[4].jpg]

 

I will refrain from my usual pseudo – political mumbling this year and will just say

 

To all my friends who meaninglessly

lost their lives in the flames of WTC -

you are remembered, you are forever

in my heart...

 

Do people even remember that day?  DO they understand WHAT happened that day?

Did that day really “defined us as a nation”? (That is a usual cliché of main stream media)  As a nation capable to stand up and say “Stop diminish its own people!”?

Do “they” even care?

 

Sorry – I really tried to keep my mouth shut…

 

I’d like to finish this sad post wit Gold Gerb’s post from Disqus (Hope he would not mind)

 

 

Gold_Gerb 09/09/2011 05:17 PM

a few weeks ago, I was thinking about Sampson and the pillars.
Then I thought of the Towers.
"Judges 16:26-30 And Samson said to the young man who held him by the hand, “Let me feel the pillars on which the house rests, that I may lean against them.” 27 Now the house was full of men and women. All the lords of the Philistines were there, and on the roof there were about 3,000 men and women, who looked on while Samson entertained. 28 Then Samson called to the LORD and said, “O Lord GOD, please remember me and please strengthen me only this once, O God, that I may be avenged on the Philistines for my two eyes.” 29 And Samson grasped the two middle pillars on which the house rested, and he leaned his weight against them, his right hand on the one and his left hand on the other. 30 And Samson said, “Let me die with the Philistines.” Then he bowed with all his strength, and the house fell upon the lords and upon all the people who were in it. So the dead whom he killed at his death were more than those whom he had killed during his life."
Was the falling of the towers symbolic of the end of strong man? a strong nation?
Was America seduced as Sampson? to reveal it's source of strength?
and what was the source of that strength?
May that terrible day, not be in vain.
-GG

Tuesday, September 06, 2011

Old friend – megaphone lines

 

Watch that lower line (at the same time it is a big congestion area due to various reasons) – if it let go now – could be that “Pee on Tree” AKA P3 is not just a fairy tale.

 

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Yes – that is a VERY OLD CHART

Thursday, September 01, 2011

Green can’t buy you love

 

 

US Capitol Building Green Jobs

 

“Solyndra Inc., a maker of solar modules that received a $535 million loan guarantee from the U.S. Energy Department, suspended operations and plans to file for bankruptcy, saying it couldn’t compete with larger rivals.” [ Bloomberg ]

 

So much for GuberMint “Guarantee” and Pimpo-Rama by Obama – one more lesson that none should;d mess with economy ( Of course is is no longer “free economy” – has not been ever and even less last 30 years.  Don’t blame it all on Obama – he is just what Gorbachev was for former USSR – “all questions-no answers” – you know how it ended up for that country … it is NO MORE … No UNION, NO COMMON CURRENCY, NO COMMON LANGUAGE, just a lot of lonely scared people running around trying to make at least some living….

 

Crap … I could use those $535 millions!!! Well, MAY BE that money went to some private venture capital firm that was about to lose big? Could there be a fraction of the true in that unethical horrible assumption? No, can not be – corruption cannot be extended that high!!!

 

 

Now, on market related note – I am preparing to go short once again, we might be about to witness daily wave 2 down with normally could go almost as low as  low of wave 1 (and that is IF it is a beginning of 5 waves UP – I don’t care which way to trade – just like the speed of short trades more.)

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I will wait to see at least count 8 of Sell Setup on daily = and will play by ear then.

 

 

2011-09-01_1308

Hourly reinforces that possible trade idea.