Saturday, January 29, 2011

One Year NEM Lead Indicator is Extremely Bearish for Precious Metals & Rare Earth Sectors


The One Year NEM Lead Indicator is Extremely Bearish for the Precious Metals and Rare Earth Resource Sectors, see http://finance.yahoo.com/q/ta?s=GDXJ&t=1y&l=off&z=l&q=c&p=v&a=fs,fs,fs,w14&c=nem,remx,slv.

For the foreseeable future I'll probably be looking to trade (day trading and maybe also short term trading) Silver UltraShort using the ZSL ETF (UltraShort Basic Materials ETF SMN is another possibility). Once the rare earth stocks like MCP, REE, AVL, SHZ, CHGS, etc put in an Intermediate Term Cycle Low my main focus will probably be to day trade and short term trade them.

Friday, January 28, 2011

The Euro COT Data is Very Bearish for the Second Straight Week


The Euro COT (Commitments of Traders) Data is Very Bearish for the Second Straight Week, see a third of the way down at http://www.cftc.gov/dea/futures/deacmelf.htm, which is bearish for SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx), because, SPX tends to follow the Euro (relatively high correlation), see .

The SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx) (and NDX) COT (Commitments of Traders) Data is bearish, see about 2/3 of the way down at http://www.cftc.gov/dea/futures/deacmelf.htm.

Ford's (F) Doing a Huge Wave 3 Down Move


Ford's (F) Doing a Huge Wave 3 Down Move, see http://stockcharts.com/freecharts/gallery.html?s=f. It looks like there's a downside gap/magnet at 15.20ish that it's trying to fill.

Wednesday, January 26, 2011

"The biggest problem with Social Security"


Yahoo Article Comment By XX:

"The biggest problem with Social Security is that the excess money received in any year over the past 3/4ths of a century has been SPENT ALREADY. If it weren't already spent, there would actually be a trust fund that could pay benefits.

Instead, the government borrows that money and spends it right away in the same year. This is something Republicans and Democrats are now facing: now that the money is spent, they have to borrow more money to pay Social Security back."

Tuesday, January 25, 2011

The NASDAQ and Financials Are Leading SPX to the Downside


The NASDAQ and Financials (using them as Lead Indicators now, along with the Euro ETF FXE and Walmart WMT) Are Leading SPX/S & P 500 to the Downside the past week, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=&a=fs,p12,fs,w14&c=fxe,^djusfn,wmt,qqqq. Walmart being extremely bullish short term is also a very short term bearish indication, because, SPX didn't respond and rally, allowing the indicator to become extremely bullish.

Saturday, January 22, 2011

Why Multiple SPX (S & P 500) Lead Indicators Are Highly Useful


Why Multiple SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx) Lead Indicators Are Highly Useful, see the five day intra day SPX versus the Euro ETF FXE, Financials/DJUSFN, Walmart/WMT, and QQQQ/NASDAQ 100 ETF at http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=&a=fs,p12,fs,w14&c=fxe,^djusfn,wmt,qqqq.

On Friday my day trade (UltraLong Basic Materials ETF UYM, I made slightly over 9 cents/share) was riskier than I realized (the day trade was longer than expected, and didn't act/feel right), because, the QQQQ/NASDAQ 100 ETF was dramatically underperforming SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx). I didn't realize when I entered the day trade how much NDX/NASDAQ 100 was underperforming SPX/S & P 500.

By adding the Financials/DJUSFN sector and QQQQ/NASDAQ 100 ETF as Lead Indicators to the current Euro ETF FXE and Walmart/WMT (XOI/Energy should be checked from time to time, I don't want too many Lead Indicators at any one time) I'll have a better idea of the risk involved in my trades for any given cycle timeframe, and, the extra Lead Indicators should also tend to improve my market timing assessments for every cycle timeframe.

For example, the modestly bearish five day Financials/DJUSFN and very bearish QQQQ Lead Indicators probably point to early SPX weakness on Monday, while the extremely bullish Euro ETF FXE and Walmart/WMT Lead Indicators point to strength after likely early weakness (short term extremely bullish indications tend to point to early weakness followed by strength anyway, because, the fact that an indicator became extremely bullish means that an index wasn't responding to a previously very bullish indication), see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=&a=fs,p12,fs,w14&c=fxe,^djusfn,wmt,qqqq.

Minyanville's T3 Weekly Market Review: Apple, Google Selling an Ominous Sign


Tuesday, January 18, 2011

China lowers holdings of US debt in November



By lowering it's USA debt holdings and raising rates/tightening lending policy, China appears to be bucking (lol, phucking) USA policy. I'm glad, because, we obviously have way too much debt.

Sunday, January 16, 2011

Saturday, January 15, 2011

6 Month Euro/Walmart Lead Indicators Are Extremely Bearish


6 Month Euro (ETF FXE)/Walmart (WMT) Lead Indicators (versus S & P 500/SPX) Are Extremely Bearish, see http://finance.yahoo.com/q/ta?s=^GSPC&t=6m&l=off&z=l&q=c&p=v&a=ss&c=fxe,wmt.

One can see in the 6 Month Euro (ETF FXE)/Walmart (WMT) Lead Indicator chart at the link above that they've worked well (WMT used to be my primary lead indicator, now, I'm bringing it back to use in concert with Euro ETF FXE), and, the lag time recently, between the extremely bearish indication and weakness (seems like indicators aren't working), points to an important cycle high occurring (the longer/more important the cycle the longer the indicator lag time), possibly the final Major Cycle High for the SPX (S & P 500, http://bit.ly/i0nsT) Major Upcycle since the 3-6-09 666.79 Major Cycle Low, and, Quantitative Easing began again recently (massive Fed Credit pumped into the financial system and T Bond buying to artificially lower interest rates).

So, it's likely that SPX (S & P 500, http://bit.ly/i0nsT) is approaching an important cycle high, and, that a vicious decline is likely to occur shortly after an important SPX cycle high occurs. The 6 month Euro (ETF FXE)/Walmart (WMT) Lead Indicators are extremely bearish, see http://finance.yahoo.com/q/ta?s=^GSPC&t=6m&l=off&z=l&q=c&p=v&a=ss&c=fxe,wmt, and, they are probably correctly pointing to a substantial and possibly extremely large decline in the not too distant future, especially after Quantitative Easing ends.

Woodrow Wilson Re Signing Federal Reserve Act


"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." -- Woodrow Wilson 1919, commenting on his signing of the Federal Reserve Act

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out." -- Andrew Jackson, as he prepared to shut down the Second Bank of the United States.

Friday, January 14, 2011

The NEM Lead Indicator is a Good Lead Indicator for the Precious Metals Sector


The NEM Lead Indicator is a Good Lead Indicator for the Precious Metals Sector, see the three month GDX (Gold Miners ETF) vs NEM chart at http://finance.yahoo.com/q/ta?s=GDX&t=3m&l=off&z=l&q=c&p=v&a=w14,w14,fs&c=nem.

See the one year GDX (Gold Miners ETF) vs NEM chart at http://finance.yahoo.com/q/ta?s=GDX&t=1y&l=off&z=l&q=c&p=v&a=w14,w14,fs&c=nem.

See the five day GDX (Gold Miners ETF) vs NEM chart at http://finance.yahoo.com/q/ta?s=GDX&t=5d&l=off&z=l&q=c&p=v&a=w14,w14,fs&c=nem.

Also, NEM can be used as a good Lead Indicator for the Rare Earth Resources stocks, see the five day REMX (Rare Earth ETF) vs NEM chart at http://finance.yahoo.com/q/ta?t=5d&l=off&z=l&q=c&p=v&a=w14,w14,fs&c=nem&s=remx.

Monday, January 10, 2011

Obama: "as we fight back against our own Right-Wing Domestic Terrorists"


“All 50 States are coordinating in this – as we fight back against our own Right-Wing Domestic Terrorists who are subverting the American Democratic Process, whipped to a frenzy by their Fox Propaganda Network ceaselessly re-seizing power for their treacherous leaders.”

Sunday, January 9, 2011

“You bring a knife to a fight pal, we’ll bring a gun” – Obama


From CraigslistNashville1972
As they lie about your leaders intentions , remind them of THEIR'S !!!

“Don’t you think we’re not keeping score, brother” – Chairman Obama

“Bring it on”- Obama Regime to The American People.

“Get ready for hand-to-hand combat with your fellow Americans” – Obama

“I want all Americans to get in each others faces! – Obama

“You bring a knife to a fight pal, we’ll bring a gun” – Obama

"Republicans are our enemies"--Obama

** Obama on ACORN Mobs: “I don’t want to quell anger. I think people are right to be angry! I’m angry!”

** Obama to His Mercenary Army: “Hit Back Twice As Hard”

** Obama on the private sector: “We talk to these folks… so I know whose ass to kick.“

** Obama to voters: Republican victory would mean “hand to hand combat”

** Obama to lib supporters: “It’s time to Fight for it.”

** Obama to Latino supporters: “Punish your enemies.”

** Obama to democrats: “I’m itching for a fight.”

“the Cambridge Police acted Stupidly” ” – Beer Summit Gaffe Leader

“God Damn America” – Barrack Hussein Obama’s Spiritual Advisor

“We should rip the heart right out of the chest of a former Vice President of The United States!”
– Left Wing Hate Hero And Agitator for Leftist Terrorism – Shultz

Most Divisive Administration In History.

Arizona Suspect’s Recent Acts Offer Hints of Alienation


...........Comment by AZ Resident

AZ Resident

"Everyone wants to point fingers at each other on here. It's this type of hatred that the Sheriff of Tucson blamed for this incident. This event should bring us together as a nation to induce change in our politics to bring peace. Instead most of the responses on this sight are name calling and cursing. Shame on you!!! 19 ppl were shot yesterday, with 6 more mortally wounded. Shouldn't we be praying for our country and focusing on what we can do to change all of this rather than slinging more mud? My heart and soul bleeds for the families of these individuals and the family of the man who did the shooting. Finally, God bless the gentlemen and the woman who stopped the massacre by tackling the shooter. My thoughts and prayers are with you all!!!"

Friday, January 7, 2011

Forbes: governors complained that provisions of the health care law




"In a letter to Obama and congressional leaders, the governors complained that provisions of the health care law are restricting their ability to control Medicaid spending, raising the threat of devastating cuts to other critical programs, from education to law enforcement in a weak economy. It's ammunition for critics trying to dismantle the overhaul piece by piece."

Blue Shield of California Plans to Raise Some Rates Up to 59%


Brazil's Credit Boom Could End in Tears


Rare Earths from Japan's Junk Pile


Slow growth in jobs underscores challenge ahead


Obamacare Goes Under the Knife


Wednesday, January 5, 2011

The Obama Private Sector Employment Disaster



The Civilian labor force participation rate has crashed since Obama
took office on January 20, 2009. The $787 Billion Stimulus Bill mainly
saved generally overpaid/benefited public sector union jobs. A huge
number of people either retired early since Obama took office or
gave up or work part-time.

Lawrence Korb: Cutting the Pentagon by $1 trillion


Saturday, January 1, 2011

Some Yahoo Comments Re Unions



"I grew up in Dayton, Ohio and received an engineering degree from Wright State Univ. My grandfather, a belly gunner in B-17s, worked at GM after WWII. He said the unions would kill GM. 35 years later, the unions finally broke the giant's back."


"The biggest thing is the union leadership. They priced themselves out of the jobs, they say they were fighting for. All they were really doing was lineing their pockets. New Orleans had a Mayor and a Governor, who couldn't handle the emergency. Not to mention the crime rate. lets also look at the politics. Progressive liberals. Whether they were an R or a D, doesn't matter. But it is a good chance they were the Ds, if I have to narrow it down. The tax rates are high. Trying to make entitlements, into rights, does not work. No to mention the regulations, and the threats of more regulations, it is not sustainable. These towns, and others not listed, like the whole State of CA are visable witnesses to that fact."


"The average Joe doesn't realize how much the unions have to do with killing businesses and making the business environment so unprofitable and hostile, so much so that businesses move out of state and worse, move their manufacturing overseas.

Unions are the polar opposite of job creation, business profits and business growth. Unions are legal MAFIA...they contribute nothing but skim off money under the guise of "dues." They strangle and interfere with business pretending to "protect" the worker...as if workers need protection nowadays with the loads of local, state and federal laws that actually protect the worker.

Unions are a dinosaur nowadays and should be outlawed. They have served their purpose in history, but today are way more detrimental than beneficial. They are a cancer and must be controlled and wiped out for the US again to become a manufacturing giant...and for JOB CREATION!!!"