Very impressive missive on how we started...
http://www.marketoracle.co.uk/Article13811.html
Wednesday, September 30, 2009
Tuesday, September 29, 2009
Dollar ready to break out of bullish wedge near .25 node.
The Dollar Index bottomed, as far as I can tell, on 9/17/09 at a node value of .25554, nominal, which is 2.2% away from ideal.
Monday, September 28, 2009
What’s the real reason that banks aren’t foreclosing?
http://housingstorm.com/2009/09/whats-the-real-reason-that-banks-arent-foreclosing/
It's called mark to market accounting...
It's called mark to market accounting...
Friday, September 25, 2009
The announcement of 'World Government'
http://www.foxnews.com/politics/2009/09/25/obama-announce-expansion-global-cooperation/
The Fox News title is "Obama to Usher In New World Order at G-20"
The Fox News title is "Obama to Usher In New World Order at G-20"
Exponential Trendlines plotted against normal dates rather than Nodes.
Notice that when plotted in normal 'linear time', the trendlines slowly curve...This is covered in my book.
A great essay by George Ure
Although I'm skeptical of George's 'predictive linguistics', I think he and Alex Jones have the economic/political situation sorted out pretty well.
http://urbansurvival.com/week.htm
Here's his essay:
G-20 Stress
In what seems almost like a replay of the 'battle of Seattle' the scene of the present G-20 meetings in Pittsburgh is not exactly a glowing example of peaceful protest nor restrained response as 20-odd people have been arrested so far at the G-20. The usual tactics on both sides - running small groups of anarchists versus police with tear gas and rubber bullets.
From an historic perspective, these are interesting times to be sure: The US, founded on principles of freedom has seen the ascendancy of the non-human corporate persona which has come to dominate not only the conduct of governance through huge lobby and special interest groups that essentially run public policy via their sway, but at the same time has become blinded to the evolution of the corporate Super Class by corporate media which seems intent on not discussing the Up/Down issues and casts it universally as either economic or contained within a childish right/left framework.
Thus, the G-20 may be thought of more accurately as a corporate global governance conference than world leaders meeting to address basic human needs. It's against this background that the US is being dethroned as the lone global super power amidst headlines like "US May Face 'Armageddon' If China, Japan Don't Buy Debt."
Filling some of the predictive linguistic expectations out of the web bot project, we can't help but notice the deployment of 'acoustic weapons on US soil' - the devices which once turned on cause excruciating pain. That so-called 'non-lethal' weapons may have long term health consequences doesn't seem to much concern authorities although they are getting plenty of attention among protesters and those concerned with maintenance of free speech.
My personal take on the danger of non-lethal weapons is that they provide a 'migration path' (to use the marketing term) which provides the increasing intertwined military/police complex on American soil a way to edge soldiers who would never begin use of lethal force against U.S. citizens a way to slowly work up to it.
The use of 'migration pathing' is also clear as the New World Order of the Bush Era is being rolled out under the context of 'maintain global economic order'. Reuters has a pretty good piece on how the "New world economic order takes shape at the G20."
We can clearly see how global super government will eventually steal not only American autonomy, but will begin to take on a life of its own through the global public purse, eventually moving toward global taxes in order to fund hugely profitable globalist pet projects in the area of environmental, food production and so forth.
The use (consciously or otherwise) Hegelian dialectic - create a terrible problem and then offer the prepackaged 'right' solution - allows the corporate globalist gang to pocket wealth from scams like derivatives, roll the crisis over onto the public through financial collapse, and stick the public with the bill while those at the top skate.
While the U.S. Supreme Court recently indicated that it is open to an even further expansion of corporate/special interest use of money to buy government policy favorable to corporate/special interest objectives, American families are kept off-balance by a war in Afghanistan (where we sadly lost five more on our soldiers overnight) and by a 'war on terror' punctuated by period arrests and claims about web use to find bomb supplies.
You might want to print out this article from this morning's Washington post, by the way, since in the linguistics we are headed toward some kind of control/licensure/restrictions on the internet in 2010. All in the name of keeping us safe, don'tcha know.
All of which is not to pass judgment on whether the stew of current events is either good or bad; it's just what it is to the aware observer - the once Constitutional governance of America being usurped/replaced by corporate mastery of public policy which allows the very greediest of humans to hide their wealth and abuses behind the corporate veil on the pretext that it's really what's best for all of us; and they know what's best for us since they are so much better than us commoners.
Like royalty that first Americans first fled, then defeated, the corporate masters have gone global in scope and are arranging the next steps of consolidated global governance in Pittsburgh.
Way back when, I won a regional SDX award for a story about how at the height of the Cold War there was an active corporate nuclear trade involving the Soviet Union and the West. In that report I noted that one could take the Cold War as a sham since there was growing nuclear trade between the sides.
To update that perspective, I similarly see governments following a corporate lead; doing 'roll-ups' of countries under regional banners like the European Union and eventually a North American Union. If, along the way, we have to suffer through a collapse of the economy to hobble America, then I guess that's what will be supplied.
If you thought America had lost control of its supposed representatives in Washington, who didn't return phone calls or respond to voter demands in the 'too big to fail' scam, you ain't seen nothing yet. Just think what a fine world we'll have when there's another layer of government over America run by the corporate proxies. Fun world, huh?
The world is waking up - and well meaning, peace & freedom loving humans are continuing to connect on the net and a new kind of consciousness is arising. By oh, next summer or so, we may be seeing a fair bit of confrontation between regular humans and corporate humans. Should be interesting, to say the least. Which is why the FCC's 'net neutrality' will have to be undermined by the PowersThatBe. Can't have a globally connecting mind questioning those who a busily seizing the reins and profits for themselves and their owners, can we?
If you have taken your morning double-dose of cynicism pills, you might be tempted to speculate that the talk of 'net neutrality' is nothing more than another fund raising scheme hatched by the democons and republicorps to bulk up their coffers before 'hoodwink' time (elections) roll around again. Trust you read Richard Doman's piece this week: "Republicans back off net neutrality gambit"?
http://urbansurvival.com/week.htm
Here's his essay:
G-20 Stress
In what seems almost like a replay of the 'battle of Seattle' the scene of the present G-20 meetings in Pittsburgh is not exactly a glowing example of peaceful protest nor restrained response as 20-odd people have been arrested so far at the G-20. The usual tactics on both sides - running small groups of anarchists versus police with tear gas and rubber bullets.
From an historic perspective, these are interesting times to be sure: The US, founded on principles of freedom has seen the ascendancy of the non-human corporate persona which has come to dominate not only the conduct of governance through huge lobby and special interest groups that essentially run public policy via their sway, but at the same time has become blinded to the evolution of the corporate Super Class by corporate media which seems intent on not discussing the Up/Down issues and casts it universally as either economic or contained within a childish right/left framework.
Thus, the G-20 may be thought of more accurately as a corporate global governance conference than world leaders meeting to address basic human needs. It's against this background that the US is being dethroned as the lone global super power amidst headlines like "US May Face 'Armageddon' If China, Japan Don't Buy Debt."
Filling some of the predictive linguistic expectations out of the web bot project, we can't help but notice the deployment of 'acoustic weapons on US soil' - the devices which once turned on cause excruciating pain. That so-called 'non-lethal' weapons may have long term health consequences doesn't seem to much concern authorities although they are getting plenty of attention among protesters and those concerned with maintenance of free speech.
My personal take on the danger of non-lethal weapons is that they provide a 'migration path' (to use the marketing term) which provides the increasing intertwined military/police complex on American soil a way to edge soldiers who would never begin use of lethal force against U.S. citizens a way to slowly work up to it.
The use of 'migration pathing' is also clear as the New World Order of the Bush Era is being rolled out under the context of 'maintain global economic order'. Reuters has a pretty good piece on how the "New world economic order takes shape at the G20."
We can clearly see how global super government will eventually steal not only American autonomy, but will begin to take on a life of its own through the global public purse, eventually moving toward global taxes in order to fund hugely profitable globalist pet projects in the area of environmental, food production and so forth.
The use (consciously or otherwise) Hegelian dialectic - create a terrible problem and then offer the prepackaged 'right' solution - allows the corporate globalist gang to pocket wealth from scams like derivatives, roll the crisis over onto the public through financial collapse, and stick the public with the bill while those at the top skate.
While the U.S. Supreme Court recently indicated that it is open to an even further expansion of corporate/special interest use of money to buy government policy favorable to corporate/special interest objectives, American families are kept off-balance by a war in Afghanistan (where we sadly lost five more on our soldiers overnight) and by a 'war on terror' punctuated by period arrests and claims about web use to find bomb supplies.
You might want to print out this article from this morning's Washington post, by the way, since in the linguistics we are headed toward some kind of control/licensure/restrictions on the internet in 2010. All in the name of keeping us safe, don'tcha know.
All of which is not to pass judgment on whether the stew of current events is either good or bad; it's just what it is to the aware observer - the once Constitutional governance of America being usurped/replaced by corporate mastery of public policy which allows the very greediest of humans to hide their wealth and abuses behind the corporate veil on the pretext that it's really what's best for all of us; and they know what's best for us since they are so much better than us commoners.
Like royalty that first Americans first fled, then defeated, the corporate masters have gone global in scope and are arranging the next steps of consolidated global governance in Pittsburgh.
Way back when, I won a regional SDX award for a story about how at the height of the Cold War there was an active corporate nuclear trade involving the Soviet Union and the West. In that report I noted that one could take the Cold War as a sham since there was growing nuclear trade between the sides.
To update that perspective, I similarly see governments following a corporate lead; doing 'roll-ups' of countries under regional banners like the European Union and eventually a North American Union. If, along the way, we have to suffer through a collapse of the economy to hobble America, then I guess that's what will be supplied.
If you thought America had lost control of its supposed representatives in Washington, who didn't return phone calls or respond to voter demands in the 'too big to fail' scam, you ain't seen nothing yet. Just think what a fine world we'll have when there's another layer of government over America run by the corporate proxies. Fun world, huh?
The world is waking up - and well meaning, peace & freedom loving humans are continuing to connect on the net and a new kind of consciousness is arising. By oh, next summer or so, we may be seeing a fair bit of confrontation between regular humans and corporate humans. Should be interesting, to say the least. Which is why the FCC's 'net neutrality' will have to be undermined by the PowersThatBe. Can't have a globally connecting mind questioning those who a busily seizing the reins and profits for themselves and their owners, can we?
If you have taken your morning double-dose of cynicism pills, you might be tempted to speculate that the talk of 'net neutrality' is nothing more than another fund raising scheme hatched by the democons and republicorps to bulk up their coffers before 'hoodwink' time (elections) roll around again. Trust you read Richard Doman's piece this week: "Republicans back off net neutrality gambit"?
Thursday, September 24, 2009
If the Elliott people should turn out to be right, and a wave 'C' is coming, where is resistance?
You can see the big overhead resistance for this rally, and should the market really fall here, there's very little existing below the old March '09 bottom. The largest resistance is just below 4000 on the DOW, and it ain't much....
What does Fibonacci say? Well, if yesterday was the top of 'B', which I suspect, then the levels on the DOW would be as follows:
C = .618 * A = 5093
C = .786 * A = 3774
C = 1.000 * A = 2098
Pretty scary. I see a potential match between the two methods at 3774 or so, don't you?
The first Great Depression.
The first Great Depression...1930's? No, earlier than that. Read about the crash of 1869 which initiated the first Great Depression. The parallels with today are interesting.
http://www.safehaven.com/article-14559.htm
I appear to have read the charts correctly yesterday, so maybe Elliott Wave 'C' or '3' of the great crash of our era has started. Buckle up, prepare for major bank failures as derivatives collapse.
Mayhem is coming...
http://www.safehaven.com/article-14559.htm
I appear to have read the charts correctly yesterday, so maybe Elliott Wave 'C' or '3' of the great crash of our era has started. Buckle up, prepare for major bank failures as derivatives collapse.
Mayhem is coming...
Wednesday, September 23, 2009
SPX and NDX hourlies...
Do I hear a Bear growling?
This screenshot of 'Clickcharts' a U.K. based, free charting service shows their 'Trend Indicator', which purports to show, based on price and volume, whether buying or selling should predominate. Sort of a volume weighted price oscillator. See also, the hourly chart of the $NDX. Some indicators are falling below the center line. The two charts basically agree. Let's see what happens next....
We all know the Federal Reserve will always try to keep the markets up, by hook or crook, and I do mean crook. So let's see what they do with this...
Tuesday, September 22, 2009
Some good sentiment info here...from Mish Shedlock
http://globaleconomicanalysis.blogspot.com/2009/09/buy-dip-mentality-fully-entrenched.html
Excerpt:
"The opinion that the market can and will continue to rise is becoming ever more widespread, and ironically the bulls ALL say the same thing, namely "everybody else is bearish".
Mutual fund (MuFu) managers are not bearish, that much is certain. At 4.2%, the the MuFu cash-to-assets ratio is one of the lowest in history, in fact lower than at the 2000 top, and only a hair above the 2007 low. Those stats (from a friend) are from July. Given the continued rally, MuFu cash on hand has probably decreased even more in August.
The Dow's dividend yield is now at the level of the the 1968 top and the September 1929 top. Good luck with that!"
Excerpt:
"The opinion that the market can and will continue to rise is becoming ever more widespread, and ironically the bulls ALL say the same thing, namely "everybody else is bearish".
Mutual fund (MuFu) managers are not bearish, that much is certain. At 4.2%, the the MuFu cash-to-assets ratio is one of the lowest in history, in fact lower than at the 2000 top, and only a hair above the 2007 low. Those stats (from a friend) are from July. Given the continued rally, MuFu cash on hand has probably decreased even more in August.
The Dow's dividend yield is now at the level of the the 1968 top and the September 1929 top. Good luck with that!"
The Concentration of Economic Power by Banks and Corporations...New Research
http://www.sciencenews.org/view/generic/id/40886/title/Networks_reveal_concentrated_ownership_of_corporations
I was actually a little surprised to not see Goldman Sachs in the top ten of the list provided, unless their influence is hidden in some of the other companies shown...
I was actually a little surprised to not see Goldman Sachs in the top ten of the list provided, unless their influence is hidden in some of the other companies shown...
Another reason the Nasdaq may quit about here...
You have a very heavy congestion price zone (see the red, horizontal bars) right overhead, overbought weekly indicators, and momentum is at best flat or slightly declining..look at the MACD histogram. The market could travel slightly higher, but if it were really to traverse all of this prior overhead congestion, then we are on our way to the moon.
Monday, September 21, 2009
Bank of America: 40% of Junk Bonds to Default by 2013
http://www.nakedcapitalism.com/2009/09/bank-of-america-40-of-junk-bonds-to-default-by-2013.html
Who in the world would buy corporate junk bonds in this economic climate. Probably, the ones who believe in 'Green Shoots'.
Who in the world would buy corporate junk bonds in this economic climate. Probably, the ones who believe in 'Green Shoots'.
Saturday, September 19, 2009
Some market technicians possibly calling a top here...
I know that Steve Hochberg at Elliott Wave International is calling a top near here,
and here are two other sites talking about tops:
http://www.safehaven.com/article-14518.htm
http://www.marketoracle.co.uk/Article13552.html
The second guy is using Fibonacci Time ratios, which are occasional useful, but I have found them too infrequently to be generally usable. They can work, however.
My trendline work suggests that both the $NDX and the $SPX have the right characteristics by my system to be at a top, we'll see what Monday brings....
Thursday, September 17, 2009
What does Fibonacci math say about the S&P?
Well,if we did an analysis of Wave A = Wave C, we get 1158.
If C = .618 of A, I get 1048, which we've already passed through.
If C = .786 of A, I get 1097.
These are the normal Fibonacci targets...
Of course, as I post this, the market looks like it's making a top (the candlestick looks right), so we'll see what happens....
I am noticing this morning that I have an exponential trendline at 1075, and the weekly upper Bollinger Band is at 1076, so there is a lot of resistance here...
On the chart set I did yesterday, on the middle chart, it's the ascending Blue line, that's at 1075 this morning, and the high for the day so far has been 1074.77.
If C = .618 of A, I get 1048, which we've already passed through.
If C = .786 of A, I get 1097.
These are the normal Fibonacci targets...
Of course, as I post this, the market looks like it's making a top (the candlestick looks right), so we'll see what happens....
I am noticing this morning that I have an exponential trendline at 1075, and the weekly upper Bollinger Band is at 1076, so there is a lot of resistance here...
On the chart set I did yesterday, on the middle chart, it's the ascending Blue line, that's at 1075 this morning, and the high for the day so far has been 1074.77.
Wednesday, September 16, 2009
How Odd, Very Odd...
On this link:
http://solari.com/blog/
If you page down, you will see that 4 financial people of high rank have committed suicide or died recently. This normally occurs at huge Bear market bottoms (like 1933), not tops.
Perhaps the Powers That Be are experiencing internal conflicts, and resolving them rather roughly, who knows? But this is not normal...
It's going to be a tough autumn and winter...
http://solari.com/blog/
If you page down, you will see that 4 financial people of high rank have committed suicide or died recently. This normally occurs at huge Bear market bottoms (like 1933), not tops.
Perhaps the Powers That Be are experiencing internal conflicts, and resolving them rather roughly, who knows? But this is not normal...
It's going to be a tough autumn and winter...
Just to mention...resistance is close
The $NDX in particular is now entering some powerful resistance zones from March '08 bottoms. The .618 retrace is at 1773.05, also coincident with heavy resistance zones. The $SPX is also running into old resistance around now...
Tuesday, September 15, 2009
O.K., Now I have Denninger figured out...
If you go over to his website today, he's throwing praise and hosannas all over his Hero, Glenn Beck. Pardon me, while I throw up...
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