Now Reading
Goldman Packing Heat
108

Goldman Packing Heat

by The MoleDecember 12, 2009

So, word has it that some of those Goldman banksters have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank. Don’t you just love that one – maybe they suspect there might be some heat around the corner. I wouldn’t be surprised. You can fool some of the people sometime but you can’t fool all the people all the time.

I can see it now:

Enjoy your weekend.

Cheers,

Mole


About The Author
The Mole

Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.

  • kanur

    Some times I think the makers of Fight Club were traders

    http://www.youtube.com/watch?v=k4Etc9oynB0

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    maybe, just maybe, they'll get cornered in their office and start hunting each other down… for food

    I have a dream….

  • centerline

    On a more sinister note… maybe they know something about what is around the corner. Hmmm.

    Most likely just a bunch of pansies who fear the trip to and from work everyday. One those fools pulls a gun, probably would get it used against him/her. Usually, running like hell while screaming like a bitch is best chance for survival !

  • gsavli

    thanks, ssh. now, that there is no trend in markets, lower indicators are very important, charting less so. Overbought on 1h:

    http://www.uploadgeek.com/share-7315_4B23A304.html

    After setting like this, we always had a selloff since we entered this box.

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    I always knew a set of rules for ANY type of weapon

    never carry a weapon you are not willing to draw
    never draw a weapon you're not willing to use
    never use a weapon you're not willing to use to the full extent of it's ability to cause injury

    disrespect the above and if you're lucky you end up with the given weapon up your @ss, more often someone will demonstrate the full effect upon you

    as in europe we don't have as many firearms around as in the states when I hear of someone carrying a knife or something like that I often advise a whip, against untrained adversaries it inflicts pain beyond normal threshold and is more likely to stop someone without you having to kill or seriously injuring someone (self defense is often less accepted in europe than in the states). Besides most people will more easily use correctly a weapon they “can live with” in terms of results

    p.s.but I agree that a battle avoided is often a battle won, if unavoidable then always think that your ingrown nail is a lot more painful than anyones piano down his head … at least to you it is

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    you're wellcome, that site suits me fine

    BTW for anyone not wanting jing or other such software a screen grab with print screen + a small trimming on paint + save as jpg + uploadgeek.com usualy does the trick

    my 2 cents

  • http://trading-to-win.blogspot.com/ DavidDT

    Since I posted that BS about GS /guns few days ago – I feel obligated to present another side of this BS story 🙂
    Extreme paranoia liberates us from our money

    DON'T BE LIKE KARL – I DOUBT HE HAS ANY MONEY LEFT AFTER HIS BIASED TRADING
    ~~~~~~~~
    http://blogs.wsj.com/deals/2009/12/09/are-goldm

    * December 9, 2009, 5:05 PM ET

    Are Goldman Sachs Bankers Really Carrying Guns?

    Susanne Craig files this dispatch:

    Goldman Sachs bankers aren’t packing heat after all.

    Associated Press

    In a widely-circulated Bloomberg News commentary piece, columnist Alice Schroeder said that she was told New York-based Goldman bankers were loading up on fire arms and “are now equipped to defend themselves if there is a populist uprising against the bank.”

    The “New York Police Department has told me that ‘as a preliminary matter’ it believes some of the bankers I inquired about do have pistol permits. The NYPD also said it will be a while before it can name names,” Schroeder wrote.

    The story caught the public imagination, making the rounds on the Internet and in tabloids. Goldman employees “are concerned about social unrest,” said Schroeder in a Bloomberg video. “They’re concerned about the fact that we’ve got a country where a quarter of the kids are on food stamps, and they’ve become an emblem, a symbol of greed.” (View the video of Schroeder here.)

    New York police spokesman Paul J. Browne says that their records show only four Goldman employees have applied for gun permits in recent years — and the last application was made in 2003. That application, by the firm’s head of security for a “carry permit”, was granted. The only other employee granted a NYPD carry permit” is a building security guard. It was issued prior to 2003, said a police spokesman. Those applying for a permit must list their employer.

    Two Goldman employees have residential permits, allowing them to have guns in their homes. The last of these permits was issued in 2001, Browne said. One of the permits was issued to a trader and the other was given to a graphic designer.

    “We haven’t seen a surge of applications of any kind for Goldman Sachs employees,” said Browne.

    “The story to us seemed to be the product of a very fertile imagination,” said Goldman Sachs spokesman Lucas van Praag. “It was way off target.”

    Carry permits aren’t handed out willy-nilly in New York City. For instance, Browne said a banker who has to transport bags of money from the bank to an armored car might be granted a carry permit, but a banker looking for protection from angry taxpayers likely wouldn’t be.

    “Business people do have them but you have to demonstrate a need for it,” he said.

    Approximately 10,000 of Goldman’s roughly 30,000 employees work in New York City. What about Goldman bankers who commute to the city from states like Connecticut, but own hunting rifles or have been green-lighted for carry permits elsewhere? Mr. Browne says to carry a gun in New York City a person needs a carry permit from the NYPD, too.

    Browne said he emailed Schroeder to set the record straight but hasn’t heard back. Schroeder declined to comment. Bloomberg did not immediately respond to a comment request.

  • fast996

    Good Morning,
    I was looking at my charts this morning and have come to the conclusion that we are close to finishing this top. If Friday it did not finish, I expect a move up to the 1112 area on the SPX and 10505-510 on the Dow.
    There is a bullish count where the Dow would make a new high but the SPX would lag and not confirm.
    Anyway the market always does what it has to, to fool the most people,most of the time.

    Another cup of coffee time,Have a enjoyable weekend.

    fast

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    seems rational

    remember that top GS (and other companies) don't have to buy guns, in case of need they can buy (or rent) able hands that come with guns for the duration

    given that you are rusian, maybe you can explain the kind of “quality” you can get if you go for decomissioned special troops or even ageing “good old times” ex-kgb

    I think you would agree that you'd be geting good old boys who'd make any security or even criminal experienced US material look like mother theresa.

    maybe not cheap, but good value for money

  • http://trading-to-win.blogspot.com/ DavidDT

    you right on that one…
    OT – just saw that phrase ““They’re concerned about the fact that we’ve got a country where a quarter of the kids are on food stamps”
    …hmm let me think – is it because most on food stamps have way too many kids? (not everyone indeed)

  • http://trading-to-win.blogspot.com/ DavidDT

    yet another observation
    “The story to us seemed to be the product of a very fertile imagination,” said Goldman Sachs spokesman Lucas van Praag. “It was way off target.”

    Is that the one who was killed in the movie “HEAT”? 🙂

  • Macrawn

    I think they got the story wrong. They have quite enough bling to hire armed body guards or even hire a small mercenary army from Blackwater. No need to carry the guns themselves. They probably couldn't head the broad side of a barn with them anyway.

  • http://ethicalcheating.blogspot.com/ The_Grim_Reaper

    The ISEE 5-day avg is approaching the 138 sell threshold, but I want to see it falling before I take up a short position. I'm in cash now and will only play small till a trend kicks in. This trading range has to resolve towards the end of next week one way or the other…I think. It's bunched up against too many trendlines now.

    http://4.bp.blogspot.com/_HI9vMxcgcpQ/SyPIfUl1f

    As a musician, this youtube clip I found totally made my week

    http://www.youtube.com/watch?v=NH5wbYP5xkQ

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    about the OT

    lately we have had “negative selection” on the birth front, only way to inverse is the french model, it is the most profitable to have several kids when the husband makes serious money, he gets to be taxed divided by two and the woman receives tax free and increasing baby-breaks + it became the ultimate luxury / vicarious consumption to show off. most high earners count kids as they counted porsches back in the 80's

  • Anonymous

    Watch the CNBC tape posted today on Market Ticker

    Rick Santelli slams them over the BS retail and jobs numbers:

    http://market-ticker.denninger.net/

    Go Ricky!

  • http://gemstowear.etsy.com Jan

    Hey Mole,

    I was impressed by the number of people who commented about you and ES over at Zero Hedge. I always thought there were hundreds and hundreds of readers here. Is there any way that you could get a counter? Anyway…..I felt quite proud of you.

    Jan

  • Anonymous

    Watch the CNBC tape posted today

    Rick Santelli slams them over the BS retail and jobs numbers:

    http://market-ticker.denninger.net/

    Go Ricky!!!

  • http://stainlesssteelchicken.blogspot.com/ StainlessSteelChicken

    Quick updated look at the Dow Grand Channel and the weekly Chicken Oscillator on $COMPQ.
    http://tinyurl.com/y962xd3

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    thanks for the info, we keep telling that to Mole but when he sees a sub-20 comment post after…. he sometimes doubts

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    long time no seeing SSC how are things going?

  • http://stainlesssteelchicken.blogspot.com/ StainlessSteelChicken

    Meh… bored with life, looking for something to do.

  • http://evilspeculator.com molecool

    Yeah, that was quite stunning – very surprising to be frank.

  • badflightrisk

    Watch the CNBC tape posted today
    If you haven't seen this yet its a must

    Rick Santelli slams them over the BS retail and jobs numbers:

    http://market-ticker.denninger.net/

    Go Ricky!!

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    thought you had a project some time ago

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    only surprises the mole, all the others know it well 😉

    keep up the good work and may Xmas bring you and this market a fine charcoal black swan

  • http://oahutrading.blogspot.com/ steveo77

    In some unusual action the normally stable 20 Day Moving Average is

    Flipping Around Like A Boneless Chicken on Hot Tarmac

    There are alot of elements to this chart. I know it is confusing, spend some time to review it.

    Questions or suggestions appreciated, I will respond as time allows.

    http://oahutrading.blogspot.com/2009/12/chart-o

  • branthammer

    It is absolutley insane how closely the market environments of 1929-1939 and 1999-2009 mirror each other. If you think about it, the Dow Jones Industrials represented the American industrial economy the best in the 30s. Today the Nasdaq probably represents the American technology/service based economy the best. Check out these charts to see what I'm talking about. Let me know what you think, the similarities are hard to deny.

    http://absolute-investments.blogspot.com/2009/1

  • labdude

    Latest from Peter Schiff.

    dollar, gold, growth, volcker, debt. senate race
    http://www.youtube.com/watch?v=yi9weNRxFss&feat

  • http://trading-to-win.blogspot.com/ DavidDT

    yeah!
    Go Ricky!
    Yeah!
    go Karl!
    too bad they and anyone who listens lost all money shorting

    Otherwise…
    GO RICKY!!!

  • labdude

    FWIW–bear in mind I'm a novice–I've been playing with Williams %R (using a parameter of 28 to smooth it out) and SS Hamsters suggestion of Bollinger Bands parameters of 13, 2.618 and 104, 1.618 on stockcharts.com. I reviewed this on a 3 year time span on the SPX, NDX, and RUT. To me (if I'm interpreting it correctly) it supports what all are saying–the market is over bought–should come down–just a matter of when.

    I'm sorry–I can not save and post it–I can not justify the cost for an account at stockcharts–since I'm just a novice trader.

    I would be interested in any feedback regarding the Williams %R along with Hamsters parameters.

  • Scoops

    Totally agree, and like I've said before there are far far far too many bulltards expecting higher prices into year end. I couldn't believe my eyes when I saw the mother of all frothing at the mouth posts on Slope calling for a massive melt up and basically dismissing the carry trade as a fallacy. I actually thought the post was a joke at first.
    I rolled half my Decembers a couple weeks ago, and would expect that the rest will expire worthless. I'm still expecting a down turn next week. I think volume is going to come into play here, and at best the most the bulls can hope for is a range bound meatgrinder with marginal if any new highs. I just can't see significant new prices here. Maybe the financials get a squeeze.
    The point is that we are still here, have kept powder dry, and will be rewarded in due course.

  • Scoops

    Here's a good read on what we are seeing right now with the Stretching of the Tape.

    http://www.baminvestor.com/blog/2009/10/stretch

    BTW, these are the guys who are calling for a 5 handle by early next year. That's a ballzy call all right. I'd like it to be posted right beside the one on Slope calling for a damn near 12 handle.

  • http://gemstowear.etsy.com Jan

    exactly, SSH! i've read incredible comments about Mole on many other blogs (EW lives on and in the Ticker Forum…).

  • http://gemstowear.etsy.com Jan

    I saw that too! SL could hardly respond because he was trying to read the teleprompter and his face was so red. Really.

  • randomwalker

    Free candlesticks webinar by Steve Nison – Intro but good

    http://www.tycoonu.com/subscribe/pages/candlest

  • orth

    Post it for free.

    http://jingproject.com/

  • http://retracementlevels.zstock7.com/ zstock

    Click here to see the IYR chart, that’s either short now, or at the retest 45.6

  • http://retracementlevels.zstock7.com/ zstock

    That's an interesting GS article. They forgot to mention the “predator drone” protection.

  • crush1618

    It is dated October'09, and they called for a crash to SPX 944. I don't recollect seeing 944 in October'09.

  • Scoops

    That's not the post I'm referroing to for the crash. Its merely to explain stretching the tape. They are as a matter of fact still callibg for a 5 handle next year if you pull up the interview I linked to a few posts ago.

  • PRSGuitars

    May I recommend codifying your trading? Have you ever considered the wealth of information you've accumulated over the years? Could you transfer that systemic approach, whatever it is, that is YOU to another trader if you wanted? Could you teach them?

    It really is helping me to see the tools at my disposal, too, and see where my armory is 'weak', so to speak… start accumulating generic chart examples to accompany your wisdom, too, and just slowly add to it over the years. Highly recommended.

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    you have free stockcharts AND (as mentioned earlier)

    BTW for anyone not wanting jing or other such software a screen grab with print screen + a small trimming on paint + save as jpg + uploadgeek.com usualy does the trick

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    for anyone listening to hamster rants

    some disquieting news, for bears or bulls I'm not sure

    BPSPX FRONT

    we stoped sliding bellow the 13,1.618 bb BUT still far from the MA13 and the slope is feeble

    SPX:GOLD FRONT

    I expected a w4 rise after an extended 3, nevertheless the gaps sent it too near from higher MAs for confort

    I seriously doubt that we'll have a calm monday, one way or the other

  • bananaben

    Dubai's Nakheel is scheduled to pay $3.5B on Monday. This will likely define trading on Monday overseas. Something tells me they will make the payment (maybe with some help from my namesake) – anything to make the markets continue their upwards trajectory.

    Here's a clip from a guy on NBR – I am totally in agreement with him:

    http://www.pbs.org/nbr/site/research/learnmore/

    I may be an idiot but for the most part I'm holding my shorts and rebalancing when I can.

  • orth

    Thanks for the video. Kind of strange to see his pointedly bearish views coupled with the IYT buy recomendation.

  • http://stainlesssteelchicken.blogspot.com/ StainlessSteelChicken

    Yeah, I do enjoy my other work. I'm just restless.

  • http://stainlesssteelchicken.blogspot.com/ StainlessSteelChicken

    I'm not that passionate about trading, at least not at the moment. If this were my career, or if I wanted it to be, that would be excellent advice.

  • Gerbil_gold

    It's gonna be an exciting week.
    A New Moon on Wednesday for all the lunar fans.
    Thursday tends to be a volatile day for expiry option fans.
    oh, don't forget it's QUINTUPLE witching Friday! 😉
    end of month, end of quarter, end of half, end of year, end of decade

    Here's a chart of FAZ, the steroid freak semi tracked to S&P.
    http://www.uploadgeek.com/share-1125_4B245FE1.html

    (thnx SSH for the uploadgeek Tip)

  • innatedc

    Explain 5 handle…..

  • mmTesla

    I think that true economic recovery is still years away from happening, but this rally is based on covering up the real facts and printing money. Banks can report amazing earnings but behind the scenes they can be insolvent. What matters is the perspective that the majority believe and unfortunately the majority believes the lies. In my view until that perspective changes the bear case is over, for that perspective to change their needs to be a very large event, imagine a country defaulting or unable to continue the extend and pretend game, then watch the domino effect. As for equities the algos wait until the order books are stacked then they gun for a short squeeze and we melt higher. As a result in my opinion day trading set-ups is probably the most successful venue for trading at this time.

  • elliott_surfs

    what about interesting results from a fed audit? think they'll actually uncover anything to shake the financials?? maybe just wishful thinking 😉

  • fast996

    Just thought I would throw some serious cold water on a possible Christmas rally. We might have one if Jesus is around to raise the dead. Hey Lazarus is that you?? No I didn't think so.

    http://www.screencast.com/users/fast996/folders

    http://content.screencast.com/users/fast996/fol

    http://www.screencast.com/users/fast996/folders

    http://content.screencast.com/users/fast996/fol

    http://www.screencast.com/users/fast996/folders

    http://www.screencast.com/users/fast996/folders

    http://www.screencast.com/users/fast996/folders

    Enjoy,
    Fast

  • http://oahutrading.blogspot.com/ steveo77

    Ditto…I hate terms that we “think we understand”

  • mmTesla

    I would love to see an audit of the FED, but any reports would probably be considered inconclusive (though I think true transparency would show the government has willfully lied to its citizens) or leaked slowly and in advance as to have less impact.

  • mmTesla

    If you redraw the top line it looks like we have broken out and are retesting..

  • spudthorpe

    By 5 handle, he means an SPX in the 500s – i.e., SPX between 500 and 599.

  • http://oahutrading.blogspot.com/ steveo77

    Roger that….damn, I have a real problem with those “super bulls”…. 🙂

  • MariAroma

    From very successful trader Larry Williams E-mail tips; can't find a link on his site.

    “Pick the Low Hanging Fruit

    “Just as some days are better than others, some trades are much better than others. Most traders are looking for the big kill trade, the home run.and still be in the game. It's not that way when it comes to trading.
    So why not go for the easy trades?

    “Why is it so extremely difficult to accomplish in real-time trading? Simple; you can't tell when the party is over until it is over. So, why not wait until we can see that it is over, or more likely to be over, before we hop aboard on the short side? Why are we so attracted to stepping in front of speeding freight trains? Beats me.

    “Wouldn't it make more sense to sell a market that is in a downtrend than one that is an uptrend? It certainly seems that way to me, and more importantly has been my experience. In other words, this really is the old adage; the trend is your friend.”

  • spudthorpe

    Yeah, I thought *I* was bearish, but even I have trouble imagining a 50% plunge over the next few months.

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    do you have time and/or money? (not much, just a bit) there are places you have never been which are a cheap flight away… go for a long weekend, find a friend who's maniac about visiting things during daytime3 and partying the night away, you return tired but relaxed.

    Do something just for the heck of it, take a license to drive planes or boats or go ride a horse. Buy some paper and some paint and see what you can do (or try sculpture).

    Find some books you never heard of and get them, wake up early (when the weather is fine) and go read somenear the sea or a river while you watch the sun rise and wait for the shops to open to have cofee before anything else.

    bahh, just change from “why mode” to “why not mode”

  • http://sshamster.blogspot.com/ Stainless_Steel_Hamster

    always at your service 😉

  • goldpackers

    Should be a fun week. Still cannot rule out one last spike to 1127 to 1167 although favor 1127 to 1142 as all the fuel this has left IF the top is not already in. Have a turn due 12-18/21 and a MAJOR turn 1-15 to 1-21.
    Believe when this diagonal is over, the spx goes back to 978 and quickly.

  • goldpackers

    Who would be buying T bills yielding 0.00% if they were not afraid of something out there.

  • http://iberianviews.blogspot.com/ catracho

    http://www.screencast.com/t/MzE4OWFlNz Dow weekly
    http://www.screencast.com/t/NjVhOWZmMWQ dow daily
    http://www.screencast.com/t/ODVlMzVj Ftse daily
    http://www.screencast.com/t/MzEzMWEzY Dax daily

    looking at major markets, unless we break levels to downside soon, looks like we have new yearly highs coming up!

  • shortcover

    depends on time-frame…the trend is still down, only we've had a sweet bounce off the lows…that's the rub!

  • shortcover

    when we were in the 600's we didn't have a p/e wash out. usually recessionary lows are marked by single-digit p/e ratios for current and future expectations when there is no intervention. a 500 area S&P is a reasonable place to go, plus we'll get a double bottom with a lower low. once we break the 666 it'll be a true sell-stop panic and a nice reset. that's when i'm buying for the long term. i did get some good trades off in the 600's for index longs, but sold around 780-825 and figured we'd go to 850 fair value tops. how we are at 1100…even though plenty did predict it even as early as march/april. i just didn't buy it. but we forget easily. i've been building shorts since 850 area…much to my chagrin. but writing calls on short index etfs to ease the pain…until we do 500s…

  • fast996

    Your exactly right, but when is it over? You can stay and risk that the upped jumped the muthafucka doesn't happen and things go as everyone plans and bet on a charmed life.

    I was pointing out that the market is in a dangerous position here. For info only.

    fast

  • Iguanadon

    Not to be nit-picky but FAZ is tracked to RIFIN, not XLF. Periodically XLF and RIFIN have a somewhat significant difference on a given day. Just wanted to ensure that folks were aware because it does come up now and again.

  • http://evilspeculator.com molecool

    Volatility will rip higher in a NY minute. Yes he's got a point – and I point out the hazards of being early all the time. But this guy obviously does not trade options.

  • fast996

    Here it is guys…”The Broadening top in the S&P 500″

    There is a alternate count in blue off the 1119 top that would allow a move up to 1117 or possibly a new high, but would fail to close there.

    Notice the gap positions in relation to the rising lower trendline of the 667 March low. In addition the 50 pct line at the top of the chart coming down from the 2007 high.

    Enjoy.
    fast

    http://www.screencast.com/users/fast996/folders

  • TransworldDepravity

    Does Evil do lottery? YRCW at the bottom of it's channel. Great little swing stock imho. Really clean setup with defined risk to reward.

    http://www.screencast.com/t/ZmEyMWI4Zj

  • Duuuuuude

    Like you need anything else to do………might be time to give the ole site a face lift like everybody else has done. This version has been though its ups and downs…..

  • C's & 3's
  • http://oahutrading.blogspot.com/ steveo77

    Why this “Rectangle Trading Zone” is Distribution from strong hands to weak.
    Why CNBC is a great indicator.
    And a humourous re-look at the “Hot Waitress Indicator”

    http://screencast.com/t/YjlkMWUzYjc

    Please stop by and comment.

    http://oahutrading.blogspot.com/2009/12/cnbc-fa

  • texpresso

    the stats i saw in march said the PEx was 8, which is why i went long end of march. most companies wrote off all their goodwill all year, their PE will not mean anything for over a year. you guys are also forgetting that most of the dumb money got washed out of the market and did not get back in this year, so who is left to sell MMM at 43 or GE at 8? no one

  • texpresso

    thursday is the LEI, i am no expert but judging by components it should still be around 103; judging by the stocks that beat/raised this week and got creamed, if it is not up there could be a sell-off; however, if the feds have managed to massage it into the fours, things could get ticklish in a hurry

  • fast996

    Hot waitress indicator” that's long gone. Now they are all pole dancers, maybe when their tits sag and have saddle bags,then they become older hot waitresses.

  • bergs

    Flopped the degree counts a little. Seems to flow better.

    http://screencast.com/t/ZWU3ZmQ5YzQt

    Of course you all are aware, EWI's call is for more upside. Geez, Mole has been showing that potential target for ages.

  • http://retracementlevels.zstock7.com/ zstock

    Google has censored “approval rating goldman sachs” http://www.google.com/search?q=approval+rating+

  • http://oahutrading.blogspot.com/ steveo77

    LOL! But seriously….whatever happened to Hot Waitresses? Been going out to eat alot lately, and they just don't exist anymore.

  • fast996

    Hey that looks like my count, lol. Great minds think alike, now just nobody else post it or the jinx is on.

    fast

  • fast996

    Eating in dives? The good lookers have all gotten tit jobs, at 10,000 a whack, the bitches ain't goin to sling no hash.

  • elliott_surfs

    lol…absolutely believe it. What should I be seeing that I'm not, z? Besides a first headline reading “BURN THEM ALL”

  • bergs

    I apologize if you had that count posted. I just have been staring at my chart for the last two hours and finally worked it out. My previous count showed a abcde for minuette four and a different count to get to it. As I stared the count just did not make sense
    http://screencast.com/t/MjhjOWYxYzEt
    Here is hoping we are on track. Everyone else seems to be in the rally mode.

  • http://oahutrading.blogspot.com/ steveo77

    Chart of Charts 121109 — Boneless Chicken on Hot Tarmac
    In some unusual action the normally stable 20 Day Moving Average is

    Flipping Around Like A Boneless Chicken on Hot Tarmac

    There are alot of elements to this chart. I know it is confusing, spend some time to review it.

    On Sunday, I added in the Heat Map (now near the bottom 5 DMA chart), and the little dog started mouthing off too…..

    Questions or suggestions appreciated, I will respond as time allows. Sign up as a follower please….it's just a click.
    http://oahutrading.blogspot.com/2009/12/chart-o

  • http://retracementlevels.zstock7.com/ zstock

    This is what my imagination tells me–GS employees have predator drones following them for a safe trip, to and from the office.

  • PRSGuitars

    Thanks for the charts — just a brief suggestion (as we love posters here who throw charts up freely!) — grab an avatar (disqus.com profile + avatar), and label your charts:

    aka Dow Weekly
    screencast.com/users/fast996/folders/etcblahblahblah

    Just so that people can easily find what charts your links are referencing.

    Thanks for stopping by and please do so more often – we love new players on the scene. Welcome!

  • http://iberianviews.blogspot.com/ catracho

    interesting was just reading/re-reading a chapter from Edwards & Magee on Rectangles…”In times past, before the SEC outlawed the practice, rectangles were frequently created by well organised operations of a single “pool” or syndicate”…
    well organised operations….replace with “manipulation”
    single pool or syndicate..replace with…take your pick, PPT, US gov, GS, FED….

  • midasportugal

    Nice charts about Dead Cat Bounce almost finished.

    http://midasfinancialmarkets.blogspot.com/2009/

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    NEW POST NEW
    NEW POST

  • mtvernon

    (iii) is shorter than both (i) and (v)???

  • http://oahutrading.blogspot.com/ steveo77

    I like the “I am done with even trying to be nice—” attitude….bullshit and spins need to be called to the table and then taken out to the woodshed….

  • http://oahutrading.blogspot.com/ steveo77

    Nice

  • shortcover

    i would have liked to have seen your stat…i think we got to around x13 on
    the S&P? i am sure certain industries got the full wash out – or blow out –
    like in the financial sector. once the hedge funds start to momo on the
    downside, we may see those prices again for MMM and GE…i'd buy them there
    (or write puts down there!) any day…

  • bergs

    Yes by a few points in length. Such is a channel?

    ————————————————–

  • texpresso

    hey short, i hope you are right, would love to buy at those prices

  • http://oahutrading.blogspot.com/ steveo77

    Chart of Charts 121109 — Boneless Chicken on Hot Tarmac
    In some unusual action the normally stable 20 Day Moving Average is

    Flipping Around Like A Boneless Chicken on Hot Tarmac

    There are alot of elements to this chart. I know it is confusing, spend some time to review it.

    On Sunday, I added in the Heat Map (now near the bottom 5 DMA chart), and the little dog started mouthing off too…..

    Questions or suggestions appreciated, I will respond as time allows. Sign up as a follower please….it's just a click.
    http://oahutrading.blogspot.com/2009/12/chart-o

  • http://retracementlevels.zstock7.com/ zstock, Pro Select!

    This is what my imagination tells me–GS employees have predator drones following them for a safe trip, to and from the office.

  • PRSGuitars

    Thanks for the charts — just a brief suggestion (as we love posters here who throw charts up freely!) — grab an avatar (disqus.com profile + avatar), and label your charts:

    aka Dow Weekly
    screencast.com/users/fast996/folders/etcblahblahblah

    Just so that people can easily find what charts your links are referencing.

    Thanks for stopping by and please do so more often – we love new players on the scene. Welcome!

  • http://iberianviews.blogspot.com/ catracho

    interesting was just reading/re-reading a chapter from Edwards & Magee on Rectangles…”In times past, before the SEC outlawed the practice, rectangles were frequently created by well organised operations of a single “pool” or syndicate”…
    well organised operations….replace with “manipulation”
    single pool or syndicate..replace with…take your pick, PPT, US gov, GS, FED….

  • midasportugal

    Nice charts about Dead Cat Bounce almost finished.

    http://midasfinancialmarkets.blogspot.com/2009/

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    NEW POST NEW
    NEW POST

  • Captain Obvious

    (iii) is shorter than both (i) and (v)???

  • http://oahutrading.blogspot.com/ steveo77

    I like the “I am done with even trying to be nice—” attitude….bullshit and spins need to be called to the table and then taken out to the woodshed….

  • http://oahutrading.blogspot.com/ steveo77

    Nice

  • shortcover

    i would have liked to have seen your stat…i think we got to around x13 on
    the S&P? i am sure certain industries got the full wash out – or blow out –
    like in the financial sector. once the hedge funds start to momo on the
    downside, we may see those prices again for MMM and GE…i'd buy them there
    (or write puts down there!) any day…

  • bergs

    Yes by a few points in length. Such is a channel?

    ————————————————–

  • texpresso

    hey short, i hope you are right, would love to buy at those prices