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A Trader’s Guide (Introduction)
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A Trader’s Guide (Introduction)

by MoleOctober 31, 2009

This is Michael Davey from Centrifugal Deforest. Regrettably (for you dear reader), the rumors circulating are indeed true. An apparently desperate Molehost had invited me aboard his Evil Spectre, in order to fill-or-kill a little empty space and comment on the event horizon. My purpose is simple – I’ll be holding rat hands while bobbing flotsam tides and jetsam streams, trading together in this ever amazing, shall we say special, marketplace.

Ha!

In your face, frothing tough love perhaps (and you deserve it!), but my hand shakes something awful, while my palms are humid, flippant and mercurial. You’re on your own Einstein. Kudos to the human race.

If you’re (still!) reading this, you’re probably a trader (the rest of you nut-cases can leave now as this is where it gets boring). I know your kind. Heartless, wretched opportunists looking to profit from a gambling-house market economy – all for the sake personal gain, growth and a general swell being. Cynical is too nice a term for you.

You have my respect.

Assuming I’m not fired already, among other things here I’m going to run a quasi (moto) weekly series: A Trader’s Guide; which for the most part will entrail the psychological do’s and don’ts of (wait for it…) trading markets.

So while I can’t hold any hands, I can at least illustrate some of the myriad failure-traps a trader beds-down with, as well as the more opportunistic mindset aimed at maximizing gains (something you manage harmoniously to generally avoid).

Trading and investing mistakes will be made and losses are a certainty (for experienced and newer trader’s alike). None of us are above that. And while many of you tend to blame losses on manipulative market makers, Goldman shenanigans, POMO f-me pumps, etc. (I know because I read the pathetic transcripts), I’m a huge proponent of actually learning from trading mistakes and losses; adapting and getting stronger because of them. Spit sour grapes if you must, but complaining of outside forces instead of examining your own otherwise brilliant strategy is only limiting your net-performance – it’s as simple as that. If we want to actually (de)generate greater profit, we need to be honest, accountable and focused in the present. By limiting mistakes (eliminating repeat-mistakes and mitigating new ones which prop-up) you’ve conquered half the battle of trading success. In fact, by simply containing losses and pyramiding gains a trader does not even need to be right half the time to rake a decent year. You can be the worst coin-flip player on the board and come out ahead. Conspiracy theories of a rigged market should not interest you as much as your own little conspiracies, which are sabotaging gains. I do not expect to outlast Goldman’s super-computer, but as long as the market is volatile I can glean a good living (in a market with very little volatility the computer will kick my ass every time; I make money when I can, while I can, and I try to find some other pup seal to club when I have no edge. The victim-attitude serves no purpose but to lay down and declare I am owned (we’re only really yelling at ourselves, no?). There are plenty of other professionals who behave worse than these programs and they are still throwing a decent chunk of (other people’s) money around – let those guys be the chumps. My job is to eat that guy’s lunch, send him on his bike with head hanging low – for the sake of evolution if nothing else. This is a red-meat business. I don’t know what kind of dreamland world you might live in, but I don’t want to be part of the fool trough where a human mind (and computer program for that matter) can so eloquently self-destruct. Don’t sabotage the goal of something we (as a heartfelt community) seek to achieve – don’t sabotage the profit!

As I was drafting this, PCLN, as stock I went short as of the late minutes of trading Thursday, spiked higher in the after-market on news they will be added to the S&P 500.

So rigged.

Cliff Notes: Learn from the lumps and prosper because of them. Make them a positive. Appraise losses honestly, as well as gains (since you are constantly leaving the the meat of those on the table!). Seek to eliminate repeating mistakes and to maximize gains, from every point forward. You are always always working to get better (why not excel?).That is what this series will typically address.

You see now that I’m really an inspirational guide (Fire Walking – The Other 12 Steps!). The otherwise nasty, chewing-on about it all veneer is just a bit of tread-wear perhaps.

Re-tread wear, more like it.

Question: WTF is Centrifugal Deforest?

Yeah, that. No one ever asks, so I guess it’s working as a title. The name is coined from an unknown (to my memory) bogus-scientist’s theory that the Earth’s axis is actaully accelerating as the planet’s larger, old-growth trees are harvested – similar to how an ice skater speeds-up her spin upon crouching and bringing in the arms. Hopefully that makes as little sense to you as to me, but I really like the theory (if anyone can bring me the name of this guy I’d love to buy him  a beer and a trading account; just so I could view the trades). As far as my style of trading, the name plays well enough. I am ramping-up (accelerating exposure), as things are going well and I am shrinking in reverse fashion when going poorly. The idea is to have maximum exposure when winning and progressively lessen the blows otherwise). The ‘deforest’ part is also apt, I suppose. By participating and making a living in this industry I am contributing to the greater downfall of everyone and everything.

Copy that.

If I cannot answer your comments right now, it is because I’m boarding my flight in a few moments and I don’t know yet if there will be Internet on this plane [not!]. With this ES merger in hand, I’m off to spend some of Mole’s hard yearned money.

Homework: Yes, this course series will come with homework. For now the only assignment is merely to catch up with the previous two installments…

A Trader’s Guide to Chasing Ambulances
A Trader’s Guide to Exhaustion

[no internet on the flight – what kind of world do we live in?]

Good weekend!
CD


About The Author
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.

  • http://www.liberdadedescolha.com Midas

    Good and interesting Peter Schiff and other videos about GDP FARSE and STIMULUS vs Obama Employment.

    http://www.liberdadedescolha.com/2009/10/as-mes

    IF you don´want to read the text, watch videos.

    Nice Weekend and welcome to the continuation of the bear market.

    KEEP THE AWESOME WORK.

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

    Cent D rocks…been reading his site for many Moons and Mercury Retrogrades.

    And he find the coolest pictures.

    And I am sure he is talking about me as one of the pissed off POMO f-me pump haters. I am still pissed about the blatant manipulation, as I think it has larger ramifications than just our trading accounts, but perhaps the point is—

    You can be pissed, and actually, you should be pissed AND taking action. But limit the amount of energy you spend on being pissed, and CERTAINLY do not use anything as an excuse for your own trading decisions.

    As TK so perfectly pointed out yesterday, the US is doomed. Yes, so stop fretting about that, and get on with making money, or plans to expatriate, or whatever. But stop fretting and wasting energy.

    That said, I often thought Bill Cara was wasting his time with “Social Equity”. However, I now agree that we should put some energy into Social Equity, and to pulling this life sucking squid from our faces.

    http://caracommunity.com/content/caras-commenta

  • http://thetickerstreet.blogspot.com/ TickerStreet

    GDP is farce, CNBC is CNBS, Bernanke is bad. That's where it should end.

    Watching videos, discussing them for hours etc etc doesn't mint a trader money. Let's get back to discussing strategies.

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

    Been, Getting emails for a MON chart, click HERE!, It's huge profit taking. Where are the bottom fishers? ( $62?)

  • rhae

    that's the way I see it… I don't watch finacial news anymore… It is all reflected in the charts. and generally well before it is announced…

  • http://www.reddragonleo.com Red Dragon Leo

    Link doesn't work?

  • ByThePowerOfGrayskull

    Liked all of it especially A trader's Guide to Exhaustion. Thanks for the post!

  • MariAroma

    HAPPY HALLOWEEN!
    A cabbie picks up a Nun. She gets into the cab, and notices that the VERY handsome cab driver won't stop staring at her.

    She asks him why he is staring. He replies: 'I have a question to ask, but I don't want to offend you.'

    She answers, ' My son, you cannot offend me. When you're as old as I am and have been a nun as long as I have, you get a chance to see and hear just about everything. I'm sure that there's nothing you could say or ask that I would find offensive.'

    'Well, I've always had a fantasy to have a nun kiss me.'

    She responds, 'Well, let's see what we can do about that: #1, you have to be single and #2, you must be Catholic.'

    The cab driver is very excited and says, 'Yes, I'm single and Catholic!'

    'OK' the nun says. 'Pull into the next alley.'

    The nun fulfills his fantasy with a kiss that would make a hooker blush. But when they get back on the road, the cab driver starts crying.

    'My dear child,' said the nun, 'Why are you crying?'

    'Forgive me but I've sinned. I lied and I must confess; I'm married and I'm a Scientologist.'

    The nun says, 'That's OK. My name is Steve and I'm going to a Halloween party.'

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Terry Laundry — EOM Update — based on his chart studies from 1966 onward and publishing and managing money for 35 years, he is convinced (by his T Theory) that we are in an intermediate-term or short-term correction to about 925-950 by mid/end December, or sooner, before the bull continues to August, 2010. Other possible scenarios include a faster and/or deeper plunge, but doesn't SEE that now.
    If you wish, you can download 2 .pdf charts and 2 MP3 files for this weekend:
    http://www.ttheory.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    Ichimoku Charts for close Friday, 10/30. Prices trading within the cloud show neutral condition, making any “buy” signals generally weaker than normal. Short-term momentum is bearish. 4-minute video here:
    http://www.ichimokucharts.com/

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • MariAroma

    From an interview by Martin Weiss of his partner, Larry Edelson:
    “Martin: You’ve cited two critical factors pointing to a dollar decline: the explosion in U.S. debt and, at the same time, the global shift away from the dollar by investors and central banks. But there are other forces …

    “Larry: Force #3 is the dollar cycle. Our work with the Foundation for the Study of Cycles, based on centuries of data, leads to the conclusion that the dollar won’t hit bottom until the end of 2012. That’s three more years of potentially traumatic declines.

    “Factor #4 is the hidden debts that could suddenly burst onto the scene and destabilize financial markets.”
    http://www.marketoracle.co.uk/Article14518.html

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Centrifugal Deforest,

    In little time you will dominate the search results for “a trader's guide to”. Already, my count has you owning 3rd, 4th, 7th, 8th, 9th, and 10th places.

    By the way, Mole owns 6th and 7th place for “bulltards”. He needs to start using the singular form every now and then though, especially since Tim Knight, who has 5th and 6th, needs to be dethroned.

    I've been thinking, will the internet survive P3?

    Peace and happiness,

    Raised By Wolves

  • raised_by_wolves

    Stainless Steel Hamster, I've redone my homework assignment. Here's $SPX:$GOLD, non-log, with trend line:

    http://screencast.com/t/xmSvFf2pmj8q

    TOS users, is there an easy enough way to do ratio charts like this in Prophet or Charts?

  • raised_by_wolves

    Stainless Steel Hamster, I've redone my homework assignment. Here's $SPX:$GOLD, non-log, with trend line:

    http://screencast.com/t/xmSvFf2pmj8q

    TOS users, is there an easy enough way to do ratio charts like this in Prophet or Charts?

  • raised_by_wolves

    Stainless Steel Hamster, I've redone my homework assignment. Here's $SPX:$GOLD, non-log, with trend line:

    http://screencast.com/t/xmSvFf2pmj8q

    TOS users, is there an easy enough way to do ratio charts like this in Prophet or Charts?

  • raised_by_wolves

    Stainless Steel Hamster, I've redone my homework assignment. Here's $SPX:$GOLD, non-log, with trend line:

    http://screencast.com/t/xmSvFf2pmj8q

    TOS users, is there an easy enough way to do ratio charts like this in Prophet or Charts?

  • raised_by_wolves

    MariAroma, I have a question to ask, but I don't want to offend you. 😉

  • molecool

    I feel very comfortable in the humble existence I am eking out in Tim's mighty shadow. I'm like the weed you just can't kill – you can step on me or drop a gallon of pesticide – before you know it I pop right up again.

  • raised_by_wolves

    In my dreams, I'm always in the crosshairs of death, but I never die. I often dream about teams of assassins that are trying to take me out. I escape by calmly out maneuvering them, or better yet, with great ingenuity, I take them out, one by one.

  • MariAroma

    ' My son, you cannot offend me. When you're as old as I am and have been a nun as long as I have, you get a chance to see and hear just about everything. I'm sure that there's nothing you could say or ask that I would find offensive.'

  • raised_by_wolves

    What kind of response does this picture elicit from you?

    http://screencast.com/t/BjPwrdunGksd

  • raised_by_wolves

    Well, I've always had a fantasy to unbutton your avatar's blouse and slide it off slowly. 🙂

    http://screencast.com/t/GK0NKuuUbtJb

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

    ok, if that line holds I would say this is still w4 , w5 will go to a double bottom or beyond

    otherwise there's plenty of open air above

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

    If it wasn't so rainy I'd make a barbecue..

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

    mole, it wasn't pesticide, remember? it was 100 proof vodka. And you did ask the striper to step on you with her high heels (kinky germans) 😉

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

    someone's plaing too much X-box before tucking in…

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

    both david and me have scenarios to a late november drop (but we no longer bet on amplitude of aforementioned drop, just dates and auxiliary indicators or counts)

    and of course there's orange mole

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

    have you not noticed the answer you were given? same as in the joke?

    Steve, err I mean Mari, is letting you know something….

  • pramood

    GM all,

    Hope everyone had a magnificent Halloween day.

    Whats up for next week: Two different scenarios being touted on various blogs- both of them see us going higher to 1060-1070 area from 1020-1030 area.

    This count is from Daneic-

    http://4.bp.blogspot.com/_TwUS3GyHKsQ/Sutv_cUhb

    This is from Kenny-

    http://1.bp.blogspot.com/_goypolxEFd4/SuyfT4wnD

    This is from Markymark (Stockstop.org)-

    http://stockstop.org/download/file.php?id=3261&

    This is an intraday ES forecast from AMBG trading website showing a potential rally from Nov 3rd to Nov 6th-

    http://2.bp.blogspot.com/_Q9FmRy5wUIs/SutO09-R8

    This is from waveprinciple-

    http://4.bp.blogspot.com/_SRSTWZ5iCVs/SuudpqSox

    This is zigzag's roadmap posted at tradingtowin-

    http://1.bp.blogspot.com/_q5SqtgHq0rE/SuyhpXuB0

    This is a BULLISH count from Pugridiron-

    http://1.bp.blogspot.com/_9Sqz0bUVklI/SuxnfBKuM

    GAME PLAN for next week: Scale into SPY calls in 1020-1030 area and close at 1050-1060

    OVERSOLD stocks due for a bounce and their target entry price-

    1. NRG @ 21-22 (had huge call buying on Friday, RSI at 22),

    2. AEM @ 50-52 (also had huge call buying on Friday, RSI <25, KGC reports after hours on Monday)

    3. PALM & 10.5-11.0 ( RSI at 27, short interest is 45%)

    4. WFR @ 12-12.3 (RSI at 22, had an upgrade on Friday)

    POTENTIAL EARNING's plays for NEXT WEEK: MA, HIG, CSCO, RIG, WFMI, PRU

    MA earnings are Tue pre-market. I am hoping for at least 10% move (180 or 250????)

    GLTA

  • innatedc

    Nice work +1.

  • pramood

    thank you 🙂

  • raised_by_wolves

    So, I did the hard work of redrawing MariAroma's avatar with a darker background color, better hair sheen, and implied nudity, and it's the Hamster who gets the like?

    Stainless Steel, shut up.

  • raised_by_wolves

    Believe it or not, I've never played X-box, and I can't remember the last time I played a video game. Unusual for my age, I know. Chess is the one game to rule them all.

  • raised_by_wolves

    If the line is broken to the upside, will you declare a bull market? 😉

  • raised_by_wolves

    If this is still w4, do you have any educated guess for where a w5 would put the ratio number? Notice that the 200-day MA is at 0.97.

  • gmak

    Beautiful prose and greatly appreciated, CF. My own rough-cut ramblings pale by comparison, but might have some value nonetheless.

    In the attached Daily SPX chart, BIG WHITE is the major descending trend line that begain at the SPX high (around 1577ish) and is touched in May 2008. It is only 2 points but the best one we have now. BIG YELLOW is the major descending trend line that appears to be running in parallel and just below BIG WHITE. It begain at the same time, but sees May 2008 as an overthrow, and is touched by SPX in September 2009. ULTRAVIOLET is the rising trend line that began at SPX = 666 and is touched in July 2009 and again in September. Because of these multiple touches, I believe that it has greater validity than other. I have also drawn a dotted trend line in violet that began in July 2009 and is a more recent trend.

    SPX has not yet put in a lower low, nor a lower high. The link below is to a daily SPX chart with a few trend lines and 3 possible scenarios among many – each coloured after a part of a traffic light.

    The red scenario is one where SPX puts in a lower low in the coming week or so. I believe that is a higher probability scenario – if TA has any validity.
    The reason for this is that the DeMark indicators seem to be saying that there is more downside coming. My interpretation is that this is due to the BUY setup count (bar 6 of 9), the rising volume as SPX declines, and the TDPressure (the bottom chart in the link).

    The red scenario has SPX more or less continuing down to find support on the 62% FIB at 1014, then bouncing to retest the dotted violet trendline that began in July. This suggests that SPX would put in a lower low sooner rather than later, followed by a considerably lower high.

    The yellow scenario has SPX heading up (as it bounces off of the dotted violet trendline that began in July) to test BIG WHITE (which is the long term trend line from the 1577 SPX high) – putting in what looks like a double top without having put in a lower low. This is a scenario fraught with uncertainty as SPX goes on to put in a higher low and proceeds to play out an ending wedge between BIG WHITE and the dotted violet trend line from July.

    The green scenario has SPX going on to put in yet another higher high against the estimated Yellow trend line – based on the successive highs from the last few months, what I call the “Channel Top”

    IMHO, these 3 scenarios have higher probability than others. All are dependent, IMO, on the liquidity that the FED will push into the financial system through the MBS program, and the possible rollover of all that TAF program lending that is maturing over the next 2 months (4 tranches of 30 – 40 bb each by December 17th).

    Part of this revolves around my opinion that the FED has, in the past, pulled liquidity from the system to induce an equity sell off in order to put pressure on Congress to approve the FED's suggestions (TALF, TARP, TAF, QE, you name it). With QE having run out, the FED MAY want this renewed. If so, I would suggest thta the TAF maturities are merely replaced with MBS-related purchases or loans. If not, they may be content with rolling over TAF (I'm not even sure if they are allowed to to this – does anyone know for sure, here?) and supplementing it with the 250 mm or so USD available for the MBS program until the end of March 2010.

    What I am trying to say is that I don't know what the FED is thinking or planning, but that it will have a material impact on risky asset prices – which includes commodities and equity markets.

    http://screencast.com/t/QxxlLewF4

    Cheers.

  • molecool

    Yeah but what if an Alien invasion wipes out humanity and the president has to pick from us remainig few to man an underground fleet of fighter jets – what then?? Be prepared… be prepared…

  • davosdax

    I think the end of 2012 could also coincide with the peak of the commodities cycle. By the way Maria, I really enjoyed the long interview that you posted with Louise Yamada.

  • gmak

    Yes, there are many other scenarios possible on the daily SPX. The red scenario could bounce off of 1014 and go up to touch BIG WHITE in the same spot as the yellow scenario – creating its own double top.

    The yellow scenario could follow its first arc, and then follow the 2nd green arc. The green scenario could follow its first arc, and then follow the 2nd yellow arc.

    Trade carefully.

  • raised_by_wolves

    Well, I've drawn channel lines complete with 133 extensions on a 5 billion year chart. On that chart, I have marked when I think aliens will invade our solar system, but it comes after the sun, turned red star, engulfs the earth. The most probable scenario is that humans extinguish themselves first. Within a short 500 years, suitcase nukes will be the new hand guns if a competent police state doesn't take over.

  • GC7

    I missed the Louise Yamada interview. would some one please let me know where the link is to the interview

    Many thanks GC

  • ultra

    According to (the testimony of the assistant of, as recorded by disclosureproject.org ;-)) no less of your countrymen than Werner von Braun, after the terror years of nuclear communists, exploding muslim extremists and a boiling climate, the final bogeyman used to subdue the restless herds into frightened submission will be… the threat of an alien invasion.

    LOL. Like who would fall for any of that? Eh? Oh.

  • keithpiccirillo

    Nice guest post Mr. Davey, I like how you explain your positions and constantly question/reevalutate yourself … take no offense, but almost Woody Allen like.

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

    Landed late afternoon in Beijing and the first snow had hit that morning. Then last night it was windy as hell – the place is literally Chicago in winter right now.

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

    no offense at all, thx

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

    Bulltard is all there's. Who coined it anyway?
    Bulltardian though, that baby's all mine 🙂

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

    I speak in generalizations I suppose and sometimes I get wound-up a little for the sake of style. I don't disagree with your comment.

    Also, appreciate the nice intro, especially w cool pics part; thx

  • MariAroma

    Thanks, Dax.

  • de3600

    Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange.

    The decision by the world’s biggest oil exporter could encourage other producers to abandon the benchmark and threatens the dominance of the world’s most heavily traded oil futures contract. It is the main contract traded on Nymex.

  • gsavli

    What about with CIT going bankrupt now. We'll probably gap down tomorrow…

  • amokta

    my spx dec10 puts are up by $6. should i 'cash' them in now and buy again on a market up day, or just hold & them running (which is a better strategy). alternatively buy a few more if market goes up?

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

    as much as 2005 was a bull

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

    860 or 700 or 460

    the first two might confuse as w5 down or w2 up…

  • malusDiaz

    have you played GO?

  • https://www.evilspeculator.com berkshire

    Stocks I am looking to get short (through put options) this week…

    AAP, AMAG, ATI, AZO, BCR, BG, BGC, BK, CEPH, CHL, DNB, DRI, EXC, FAST, FLR, FPL, FSLR, GENZ, GPRO, HES, ILMN, LMT, LSTR, MOS, NAV, NUE, NUVA, RIMM, SCHN, STJ, TDW.

    Hope y'all can enjoy some gains in these…

    Skål!

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

    chess is very important fr a couple of reasons. reasoning, strategy… and then learning thta without certain tried and tested aproaches you won't live to play a reasonable mid-game.

    It teaches one thing which is wrong… that rules are known and don't change nor are bendable…

  • http://www.patternprofits.net Ben

    Thanks, Berk.

    CAKE and JCI may have put potential as well.

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

    I guess the 4 likes were for a silent steel hamster.

    ok

    p.s. get your crayons and RULLER find why spx:gold breaking 0.97 would get me so horny I'd even find a cartoon sexy, and why it will stop right there tomorrow

  • https://www.evilspeculator.com berkshire

    Both are looking really good too… Anything that is a steel producer or infrastructure is about to be screwed too…

    Skål!

  • http://www.patternprofits.net Ben

    Yes. XLB, XLI, XME, etc. all look ready to confirm breakdowns.

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

    oops I had forgotten you had mentioned 0.97 as ma200. find lines to that

  • raised_by_wolves

    After you consented, I was expecting you would trick or treat me by updating your avatar (1) with a mustache to play the “my name is Steve” trick on me or (2) with the bare shoulders I painted to fulfill my fantasy, which would be a treat for me. Alternatively, you could leave your respectable avatar unchanged and do the verbal equivalent of slapping me in the face. That would be expected too. I wasn't expecting your silence.

  • raised_by_wolves

    Cool. Thanks. I learned a new TA method. I may play with ichimoku charting in the future, but will continue with my channel drawing for now.

  • raised_by_wolves

    Thank you Berk.

    Since you're a proficient TOS user, I was wondering if you could answer my question about doing ratio charts in TOS. I want to chart $SPX:$GOLD (for starters) in Prophet or Charts? I know how to do that at stockcharts dot com but don't know how to do that in TOS. Is it me or is it TOS that is deficient?

  • https://www.evilspeculator.com berkshire

    TOS is quite good, but they are still missing a few things, and a real ratio chart is one of those things. The closest I can think of without doing a bunch of naughty math and/or programming is SPY minus GLD. Certainly not the same thing.

    Sorry mate, can't offer much more than that.

    Skål!

  • raised_by_wolves

    The person who liked this must have thought that for the purpose of entertainment I was PRETENDING to have a few screws missing.

  • raised_by_wolves

    Thank you for saving me from busting my brain cells trying to figure out how to do the almost impossible.

    Would you use stockcharts dot com or something else for ratio charts? I want to draw channels of course.

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

    missing screws? you might have more than a few.

    and if you talk about listening to hamsters, moles and chikens and spending your time drawing charts, yes, if you talk of that to your girlfriend(s) you might miss a whole lot of screws

    LOL

  • TonyMontana

    How about buying puts on triple ETF's such as ERX and FAS, that way you can benefit from the time decay factor on those triple ETF's as well!

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

    you can't save, but on the annotate option you have a ton of tools

  • https://www.evilspeculator.com berkshire

    Not a big fan of the triples. I know they can be great, but every time I look at SRS it tells me “NO!”

    Buying puts on the 2x or 3x longs, in theory is the best option, but there is too much risk there for me.

    Skål!

  • rruscio

    If you can create a study, you can do ratio charts. Here's a snip start …

    def theNumer = close(symbol = numerSymbol );
    def theDenom = close(symbol = denomSymbol );

    # the last good value is either 1) the current value or 2) the previous value or 3) previous lastGood value or 4) a constant

    rec lastGoodNumer =
    if !IsNaN(theNumer[0]) then theNumer[0] else
    if !IsNaN(theNumer[1]) then theNumer[1] else
    if !IsNaN(lastGoodNumer[1]) then lastGoodNumer[1] else defaultNumer;

    rec lastGoodDenom =
    if !IsNaN(theDenom[0]) then theDenom[0] else
    if !IsNaN(theDenom[1]) then theDenom[1] else
    if !IsNaN(lastGoodDenom[1]) then lastGoodDenom[1] else defaultDenom;

    def realNumer = lastGoodNumer;
    def realDenom = lastGoodDenom;
    def priceRatio = realNumer / realDenom;

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

    did anyone already mention that Citigroup filed for chapter 11 or is this a time an hamster should shut up?

  • TonyMontana

    Thanks Berk,

    I know what you are saying about the “risk” that these triple ETF's can incur, but ERX and FAS were both great shorts back in January, and they can once again be great shorts if this is indeed the start of Primary Wave C!

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

    naughty naughty, thought you were daydreaming… but they did file for chap,11 (though only the motherhouse)

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

    The second option
    What funny is that US futures are up, Japan -3%

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

    hickssss.. (no more talk)

    what is funny is watching salmons swim upstream, today would be 0.97 on the real s&p front if they can't boost it

    now… an up day on CIT chapter 11 and I f%#%ng believe in anything and anyone

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

    Berk, if you have time….how would you count something like this….

    http://screencast.com/t/L1ETFWwSWX

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

    NFingshit!

    but if i could sell one right now i would, so i PAPER SELL! LEVERAGE TO THE LIMIT!

  • AS2009

    Yes – CAKE and JCI bot on my alerts list ….

    Other good plays …

    1. WFR: Currently at strong support @ 12.3. However, if it breaks this level, the next support is at 11.78, 10.4. I would play this with a bracket trade to the next resistance / support area. The next resistance (if we bounce from 12.3 is 14.96-15.13 area.
    2. PALM: The fact that it broke and closed below the 200 MA is very bearish. I see this as a continued play down to $10, before a possibility of a bounce. This one also confirmed a break of a double top pattern on Friday. Entry would be on a continued break below Friday's low, with a stop just above the 200 MA daily.

  • AS2009

    Guys – before you get over excited … CIT bankruptcy possibility on Sunday was already announced on Friday – was one of the reasons for the tanking … sorry I thought everyone already knew this …

  • Bearinator

    Citigroup still has some time left on its time-to-bankruptcy clock … CIT Group's ran out today though. 4th largest bankruptcy in U.S. history, but I would like to think most people saw this coming. All the same, I have my fingers crossed for a big gap down.

  • malusDiaz

    Conditions necessary for a black swan? Perhaps something like this:

    The charts: (These are long term charts, # stocks above their 200DMA

    DOW: http://alturl.com/wdof
    NASDAQ: http://alturl.com/gcbm
    NAS 100: http://alturl.com/3xkv
    NYSE: http://alturl.com/nspo
    S&P100: http://alturl.com/u7d8
    S&P500: http://alturl.com/ffsw

    THE 20 Day EMA is crossing the 50 Day SMA, but the SMA & EMA THEMSELVES are both some 42% ABOVE the 200 Day MA! WITH MORE STOCKS ABOVE THEIR 200 SMA then at the PEAK in 2007!

    IF they are looking for support, that's some 42% DROP to find the closest support.

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

    Participate in futures before P3 hits…….

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

    Sorry, it is hard to take such a cute avatar seriously…

  • malusDiaz

    LOL! This is this bears last stand! I have 3 23 NOV UUP Calls, after that I'll be out ! Last hit, it will be awhile before i could re-up!

    Can't bet the farm, i'm insiwensy small trader =)

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

    Theta burn on those calls will start becoming very significant….consider rolling forward to December?

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

    Leveraged paper, I love it….hmmm maybe I should short paper…..

  • AS2009

    Hey Steveo … I am all business – even though I make newbie mistakes … take those as stepping stones in my learning …

  • malusDiaz

    so i'm so n3wb and behind the ears its ridiculous,

    would it be better to roll the 3 nov into 2 dec, just because of theta?
    and i also hafta wait a day in between =)

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

    I think being a trader requires continuous tuition payments of some sort.

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

    Ok, not sure if Mole wants me posting off-topic (and this time exotic) pics and meanderings, so i uploaded this version up on the CD site

    these girls had my blood boiling, suffice to say

    http://tinyurl.com/yd329eq

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

    Less than 30 days on your options…and it better be just a daytrade based on solid technicals. So I would say, yes.

  • malusDiaz

    you see the tear down on this? = http://content.screencast.com/users/malusDiaz/f

    it's almost black swan conditions, thats some 42% between the 200 day ma & 20/50,

  • molecool

    I was interested but since you're only asking Berk….

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

    Really nice charts, thanks for posting.

    Maybe the market makers are just trying to screw the bears one more time. This market is surreal.

    Black swans just show up at your door, when you least expect it.

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

    I would be honored by your response.

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

    forget it, I usualy don't do news and when I saw CIT thought citygroup

    big stupid mistake

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

    Get yourself some margin so you dont have to wait, that waiting is crippling.

  • malusDiaz

    k, what i would really prefer was if we just gaped, takes eur/usd – and usd/jpy + on same day, so ya, bout sums it up.

    but i'll roll them forward =)

    I don't have a clue what as to what i'm doing when it comes to trading and understanding options, i know the basics, i bet against the trend all summer long, and paid some machine my Electro-Credits!@

    I've held through shit i'd should have sold, haven't even learned what i really did wrong, besides mis identifying trends, althrough, having no $ to usd has forced me to just watch , while theta burns the rest!!!

  • Scoops

    If anyone is interested TASC Magazine is having a sale.

    If you are planning a purchase between now and January 1, 2010, use the coupon code HOLIDAY2009 when you check out to receive a 20% discount on any purchase, subscription, renewal, or extension paid with a credit card. This is a special offer through this e-mail only and only over the Internet (this offer is not available by mail, fax, or telephone), and expires January 1, 2010.

    Items that can be purchased from the online store include:
    Subscriptions to Technical Analysis of STOCKS & COMMODITIES
    The Professional Traders' Starter Kit
    S&C on DVD: Every article ever published in S&C
    Individual articles from past issues of S&C

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

    The good info now available on these top quality blogs is awesome, blows away anything we had in say 1990. The market is the great deceiver, though.

  • http://www.anomalousmaterial.com CastorTroy

    It's short the rallies mode. If we can break SPY 102 decisively, a trip to the 900's looks likely. Next week is FOMC week and we also have unemployment data on Friday so watch for the usual volatility. Like we didn't have enough last week 😉
    http://tinyurl.com/ybxmka4

  • raised_by_wolves

    Does anyone remember when I said I was a prostitute? I was speaking figuratively. Does anyone remember when I said I was a virgin? I was being literal. So, yes, I have been missing a whole lot of screws. I've had lots of first dates so that means that I must not look (too) unattractive. I've never had a second date much less a girlfriend. Do you think it's because I always direct conversations to the question, “Do you know where money comes from?” Personally, that's what I want to talk about. If she doesn't want to talk about it, I don't want to talk to her. I would be too geek for her, and she wouldn't be geek enough for me. I could go on, but what's the point.

    Screw screwing. Screw relationships. Screw personal talk. Let's talk about the inability of programs to dominate in the game of Go and whether this fact has any relationship to trading the markets.

  • raised_by_wolves

    The 4 preconditions of relative deprivation are: (of object X by person RBW)
    – RBW does not have X
    – RBW knows of other persons that have X
    – RBW wants to have X
    – RBW believes obtaining X is realistic

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

    already talked about it

    https://evilspeculator.com/?p=12182#comment-2107

    you have to go to the “previous page” and see my answer to cramar.. point 6

    p.s. try listening to her for a while and see if there is an angle to your telling of your interests and thus becoming the interest of both (even without entering details). “Nerd talk” is for those who love it, but you might want someone around who cares about you (even without understanding half OF THE DETAILS of what interests you)

  • raised_by_wolves

    Not yet! Not only do I feel sexually deprived (see below), but I also feel deprived from playing a game that, based on my reading about it this last hour, may be equal or better than chess. I have to Go.

  • jackangel

    Let's have some of that ganj you're puffing. Mine's alright, but you're clearly on some NeXT shit.

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

    are you an aspie?

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

    Hey, I just mentioned that I had already talked so that you could begin by taking a look, never meant to exclude further talk

  • https://www.evilspeculator.com berkshire

    Tck Chart showing a fall in 5 waves (thus far), but it is looking good. Got your coffee BTW. Absolutely Fantastic!!! Thanks so much.

    Skål!

  • jacksoo

    was that Kona coffee Berk? Used to holiday every year in Kauai loved the Kona.

  • https://www.evilspeculator.com berkshire

    One thing to be looking at right now AS, is the price in the stock that you are trading. Bigger they are, the harder they fall. Right now is where I start scanning for stocks that are pushing 100, because an equal or lesser % move = more $$ for me. Also, when a $90 stock drops 20% in a day, you suddenly find your OTM options a strike or two ITM.

    Just a little peek into my brain…

    I like your thoughts on WFR.

    Skål!

  • https://www.evilspeculator.com berkshire

    Sure was… Heaven in a bean!

    Skål!

  • https://www.evilspeculator.com berkshire

    Yes, it is starting to look good. And we need all the fuel we can get. I would have loved to see all the stocks above their 200MA, but we can't get it all…

    Skål!

  • jacksoo

    lucky bugger!

  • raised_by_wolves

    What a coincidence that you mentioned NeXT. Are you familiar with NeXTSTEP? That's what I'm blowing my time on right now. Yeah, I'm trying to learn something about interpersonal relationships while watching a young Steve Jobs demo NeXTSTEP and interpersonal computing . . . hmm, prior to the web but not the internet.

    http://www.youtube.com/watch?v=-1wYy5qvA24

    Hendrix is the best weed in the Shire. I'm high on “Hey Baby/In from the Storm” live at Maui. Check this shit out, and crank the volume, yo.

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

  • malusDiaz

    Who's got a working crystal ball? I'm a buyer in that market if your a seller!

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

    was i out of order?

  • raised_by_wolves

    Thank you!

    I'm putting my “Way of the Hamster” education on hold until I get this up and running. I have some other projects queued so will plan to delve into this Monday evening or Tuesday afternoon. I'm excited. Hell yeah, I'm excited!

  • raised_by_wolves

    We're cool SSH. I got a bus to catch. I have to Go!

  • raised_by_wolves

    Good point about it teaching one thing wrong.

  • malusDiaz

    a grand master chess player remarked: “I love chess, but GO is my passion!”

  • raised_by_wolves

    I'm beginning to suspect that I'm a 21st century schizoid man.

    http://en.wikipedia.org/wiki/Schizoid_personali

  • raised_by_wolves

    It doesn't have to be money. For instance, it can be time.

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

    don't look like one

  • raised_by_wolves

    Is GO your personal passion or at least a love? Do you play GO online? If yes, what's your preferred site?

  • malusDiaz

    it is a love, i use PandaNet, http://www.pandanet.co.jp/English/

    but its been a long time since i played, been honing my market skills =)

  • elliott_surfs

    it made me uncomfortable reading that wiki.

  • raised_by_wolves

    Besides online, I have almost no personal relationships. SPD would explain a lot of things in my life. My self-evaluation may be distorted, but your view of me must be even more distorted. As I evaluate myself, I seem to fit most of the criteria. The only question is to what degree. Is it enough to count? Don't know. Don't care.

    Missed my bus. Later!

  • raised_by_wolves

    So, reading the wiki made you feel uncomfortable.

    What I'm curious to know though is this: Does reading my comments here on ES make you uncomfortable in any way? Feel free to answer honestly or feel free not to answer.

  • raised_by_wolves

    Bookmarked!

  • elliott_surfs

    I just need to stop smoking before reading your links =p
    Love your posts

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

    100% agreed

  • raised_by_wolves

    The next bus doesn't come for another 25 minutes. This time, I better keep an eye on the time.

    Differential diagnosis? Are you talking about making a list of possible diagnoses and going from there?

    My list begins with Schizoid Personality Disorder. Do you have time or inclination to dig up other possible disorders? I'm not even sure if I do. Hehe.

  • raised_by_wolves

    The ideal for me is being under the influence of Hendrix as I walk the streets experiencing the surreality of a late night, rain, traffic lights, and more rain with visions of Blade Runner running through my buzzed head. A paper bagged forty helps too.

  • http://gemstowear.etsy.com Jan

    Some shorts for this week: PRU,MET,SHLD,LLL
    Bershire dumping more Moody's: MCO
    Big insider selling: CBE and I also bought some NKE puts (like the charts and big insider selling last two weeks.

    Good luck!

  • MariAroma

    “oscar” weekend webinar, why he's turned bearish.
    http://livewithoscar.com/modules.php?name=Daily

  • jesterx

    his daily calls are pretty bad, and few people lost money with him.

    But i must say his vids on tech analysis is pretty good.

  • jacksoo

    i find he runs hot and cold jester – like friday when he called it long. but then i find most people in this businesses are streaky –

  • tradejane

    The DAX is flat, about 70 pts from today's pivot of 5.469. It looks like it's trying to rally from here but technicals suggest a trip to 5.340 area before it can really bounce.

  • MariAroma

    But how about his great call Wed. nite for Thursday's UP?
    And this year, that I've been aware of him, his major turn calls have been good.

  • malusDiaz

    No post from mole ?

    Aight, well, night all! may gaps go in your favor!

  • jacksoo

    not trying to be critical Mari – -i use him as a ref point and apart from Fri he's been pretty good the last two weeks but impossible to be right all the time.

  • raised_by_wolves

    Stainless_Steel_Hamster, I'm putting this at the top so others have an opportunity to read it too.

    Man! Bus driver wouldn't let me on with my forty in hand. Thought they never paid attention or didn't care. This one did. I have a long way to walk. Where was I going again? I'll just find a doorway someplace around here to shelter me from the wind.

    You wrote this with enough clarity, explicitness, lucidity, comprehensibility, perspicuity, and precision that everyone here should be able to understand your meaning without me having to interpret it for them; that said, what was most notable about your GO paragraph was the sheer pathos of it, pathos that Aspies could detect but that programs still wouldn't know what to do with like Raised By Wolves conversing with a woman who doesn't comprehend debt-to-GDP ratio:

    “EWT deals with masses, those that compose 30% of the current market will be led even without having heard of EWT. But what rules, abilities and limitations do the individual “brains/bots” behind 60% of the market? It's not Terminator but close, there's no calculation that we can do, nor speed were we can beat it, but machines never were capable of beating humans in GO, we have a highly parallel, holistic approach coupled with the finest analog calculator available. We should be able to find the rules, twist them and win.”

    Should our goal be to minimize exposure to tactical play and maximize exposure to strategic play? What does that look like for you? What does that look like for me?

    P.S. Hamster, despite my lack of interest in sustaining most personal relationships, I couldn't have ASD. I bring this up whether your suggestion was or wasn't serious. I couldn't have ASD because I feel too warm and fuzzy toward you (though that may be because I keep thinking of you as my pet. Got to stop that! Remember, I'm Mr. Bad Attitude. The only pets I'd tolerate would be bull dog or tougher). Furthermore, I do have the ability to empathize when I choose to let my defenses down. Moreover, I wouldn't say I'm characterized by qualitative impairment in social interactions—sometimes but usually by chose, and sometimes it's quite the opposite.

    Mild disorder or no disorder—doesn't matter to me.

    What I really am is cynical and fatigued. My beliefs mesh with Tyler Durden's. Frequently, I bring up Fight Club as well as the Matrix as a way of developing connection with others. Even if we have a conversation that goes far, most people don't want to take it farther. Most refuse to go beyond looking out the window of the prison for their minds. People either deny the reality of their enslavement or just bitch about it. I have difficulty dealing with people that never want their blissful ignorance challenged or people who don't mind a little truthiness but then want to wake up in their beds believing whatever they want to believe.

    If you're reading this before bed, listen to the melancholic Woodstock version of “Villanova Junction” to share the feeling with me:

    http://www.youtube.com/watch?v=WWYgP7rbRa0

    If you're reading this after waking up, listen to the Maui version to warm your mind to hear and see nuance in the markets as you trade them:

    http://www.youtube.com/watch?v=LYrrVQrCl3o

    P.P.S. At the moment, it's difficult not to imagine /es busting higher than 1040.

  • jesterx

    yes not bagging him… he cant be right all the time.

    those vids were intresting but.

  • raised_by_wolves

    Good morning MariAroma,

    Would you mind going back to your Halloween story and reading the responses? I apologize if I crossed the line. Good luck trading today. I got to get some shut eye before the US markets open.

    Best,

    Raised By Wolves

  • K.I.M.

    neckline touch and then right shoulder and then go down my boy 🙂

    http://www.flickr.com/photos/42905134@N08/40673

  • tradejane

    Nasty short covering seen in the German banks and Infineon. Trip to 5340 area temporarily canceled due to an extremely possible repeat of Thursday's action.

  • raised_by_wolves

    Authoritarian but real people.

    Thank you, CD, for the snapshots.

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

    http://screencast.com/t/K4UxtDgEa

    Short scenario using Person Pivots on ES

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

    Get some f'n German Shepherds….you will be in good company.

    Short at 1041.25….and nicely….stop set at that same point already….time will tell.

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

    What are you watching TJ?

  • onorio

    EURUSD is confirming that, todays move is pretty similar to the thursday move.

  • K.I.M.

    i swear to whatever you want i didn't see this until now http://slopeofhope.com/2009/11/leaps-by-fujisan

  • onorio

    Friday move seem to had been a wave 2 on metals, Silver and Gold are rallye on a 3rd up, EUR also seems to resuming thursday up move.

  • CorporalCarrot

    Greetings from not so sunny Ireland folks. The weather has been miserable here the whole weekend, a deluge on Saturday ruining Halloween for the kids, and also my living room (I really need to get some roofing quotes).

    I’m looking forward to this week after a great week last week. A few weeks ago, I had some terrible times trying to trade swings, suffered exhaustion and covered some Dow shorts at 9,930, which at the time looked like it might be the top. Thankfully, it proved to be a good decision and I reloaded at various levels from 10k up to 10,080 and let it sit.

    I continue to believe the market character has fundamentally shifted from “buy the dips” to “sell the rips”. I think this bear market rally is decisively OVER. Friday’s action means the market has essentially moved nowhere in 6 weeks. Momentum has been waning for some time, but I think the number of intra day reversals recently speak volumes about where we are from a sentiment perspective.

    Even if I am wrong, I think the best the bulls can hope for now is a stuttering, grinding advance that maybe can take us to new highs but not much farther. All the action around the 10k/1080 level is surely creating formidable resistance (if the market even manages to get there) and I also think that having totally gunned their 2q and 3q results, JPM & GS will soon reach the point where the direction of maximum opportunity is down. If we do get back to 10k or thereabouts, I think that shorts will have far greater confidence in committing to the trade in terms of both size and resilience.

    My strategy now, having a small negative delta, will be essentially to sit on my core position and average down as more technical damage is done to the various indices. I’m not going to try to capture every swing that occurs.

    If I do, I will almost certainly cover too early, miss a drop, start getting afraid of missing the big one, then re-shorting just as the market takes a bounce, get afraid again that we will rally to new highs, cover high, short low….etc etc etc you get the idea. So I guess on the short side, I will be adopting the inverse of a LTBH strategy ?

    Interestingly, I spent a lot of time this week reading every piece of material I could find on the likely direction of the market, and the general sense I get is that despite the damage that’s been done over the last week, bears are generally more expectant of a significant bounce here than they were at say 9,000. It is kind of surprising to me that many who have a long term bearish view are going long here to capture small upward swings, when its clear that potential downside drops are far greater than potential rallies. I think it speaks volumes about the power of this rally, and how even people who predicted the rally could not predict the accompanying change in sentiment that would occur.

    Anyway, I hope everyone makes money this week regardless of your bias.

    Incidentally, my exact spec of car has just come up for sale but I’m not in a position to move until March.

    http://www.hrowen.co.uk/ferrari/Used-Ferrari/us

    I’m so tempted its not even funny. But I can’t unload the long side of my portfolio until then so it would be kinda risky to do something reckless at this point.

  • tradejane

    ITA. +1

    I have a similar strategy, will not be trying to catch the swings. Something tells me they will become too fast for me.

  • jesterx

    man, had a great day friday, so lets see if we can bag another one today.

    DAX up, FTSE up, Asia up…. so we should see a nice start today, and see if there can be seller that come on board.

    if the dollar can come down to its rising trend that will take to the sweet spot on ES.

    as my old mentor us to say, SELL DEM RALLIES BOYZ!!

  • CorporalCarrot

    Wow, I've just logged on to my spreadbet account and see the Dow contract traded overnight at 9,651. Despite what I said earlier, if I'd been awake I would have been tempted to cover a small portion at those levels. Its now indicating a 60 point higher start.

    I think any rally here will fade, and am adding some at this point.

  • bobthehorse

    would not add ahead of ISM report

  • CorporalCarrot

    I only did a small piece, which incidentally I can cover now for a decent little profit after the dollar has rallied after almost touching 1.48.

    Why do you think it will be significant? (or rather more significant than the GDP announcement)?

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

    down on the same page of the spd you see the other options and voila what I mentioned earlier.

    BTW careful on any simplistic readings on the symptoms (as you mentioned Blade Runner,http://www.youtube.com/watch?v=YOphFl88U-g, )

  • de3600

    ah C downgraded Rimm to sell my puts should do nice today 🙂

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

    forex is saying EUR/USD going to make 1,4962 with a perfect C = 1,62 of A

    s&p (without a 20 point gap up) will be hard pressed to make 1050 and 1060…nah, not without 20 point gap up

  • amokta

    what is the future today? the leading world index, FTSE100 is up 30 points – will the Dow follow?
    folks, are long-term index puts for holding long, or does it makes sense to buy/sell them on highs/lows as you go along

  • ultra

    I remember Mole saying that he tried this last time and would not bother again.

    My strategy is going to be hold the long-term puts (still am holding from September lol – but then I have quite a small account compared to a lot of folks around here), add more on this bounce here if it plays out. Then use front monthers or futes to play the rips and dips.

    Bullish RSI divergence on SPY going into the close on Friday. Expecting strong up action today, at least initially.

    But hey that's just me.

  • amokta

    cheers (is that an avatar of Zippy!). yes, might just hold them, and add a few more long puts on a bounce up. I wont be trading the front monthers, as not skilled enough to handle the time decay (and futures are too scary). Other option is spread-bettiing i suppose (but not into 'betting'). thanks !

  • ultra

    sell the rips then. but as mole says, when we start dropping VIX is going to fly which will pump up option prices big time, so this bounce is your last real opportunity to get value.

    I see a nice 5 up in VIX though, so would not be suprised to see this correct back down short term. which hopefully will coincide with our nice bounce.

    truck stop.

    spreads and fees are crap on spread bets – only worth it for large swings IMO.

    yes it is the zippermeister – ooooooooowwwwwwwwww jeffrey (this will mean nothing to anyone outside the UK or under 30 lol)

  • bobthehorse

    Last report was poor, expectations not that high for this one, market 6% off the highs so upside risk seems strong to me. Also, last report showed evidence that destocking may be finishing, also seen in GDP report. If the inventory component comes in above 45, everyone is going to start upgrading Q4 and 1H10 GDP forecasts and I think equities will rally on that.

  • bobthehorse

    As a general point, ISM is more forward looking than GDP report so tends to drive markets.

  • gmak

    Pre-Market warm up
    I posted my daily SPX chart along with some dotted lines showing possible scenarios. I thought that down was the most likely scenario given the TD indicators. However, having thought about it overnight, I am still hesitant given how TD pressure behaved. Notice that it moved sideways on a higher volume red candle (big one) day. This suggests that it will take a lot to move to oversold territory. This can mean (and I’m not sure which – so DavidDT and other DeMarkians can probably clarify this) either that SPX can move down quite a bit before TD Pressure goes into oversold and can possibly provide a low risk BUY indication; or that it won’t take much for the TD Pressure indicator to rise to the overbought level – where the odds of a drop are higher (low risk SELL). In short, it suggests, to me, that any move up may be short lived – BUT I’m not sure about what is most important about the recent TD Pressure behaviour.
    http://screencast.com/t/LS0w26SL

    Possible scenarios in the chart are based on FIB and trend lines drawn from long term highs and lows. Given how the TD Pressure acted on a higher volume down day, it is likely that the next direction is up for at least today. The first green arc could be followed by the second yellow arc. The first yellow arc could be followed by the 2nd green arc.
    Even though today could be an up day, the TD BUY setup only needs to close below SPX =1083 for the count to continue. In other words, we could move sideways and the BUY setup count could still be valid. At it’s completion, the BUY setup is sometimes followed by a 1 – 4 bar relief rally before establishing the direction down again (IF the trend has changed to down).
    NOTE THAT SPX NEEDS TO get below 1020 for a lower low to be printed, and a possible trend reversal to occur.

    Equity
    Asia was red; Europe is mixed – but DAX and FTSE are both moderately green. I don’t see any strong news one way or the other. Still waiting for that Eastern Europe shoe to drop and cause Euro-bank difficulties.
    For the DAX, green sectors are Tech, Telecom, Industrials and Consumer Goods. Financials are red. Looks like an “economic recovery” led by inventory rebuilding and the consumer, type of story.

    <b<FX
    EUR is moving up steadily. USD seems to have been weaker from the open, but really began to move when Asia opened. Neutral pivot is acting as a floor at the present time. EUR could be forming a right shoulder – but it is hard to say. Also looks like an inverted cup and handle. Both of these would suggest a move down below 1.47 at some point.
    Pivots:
    R2: 1.4915
    R1: 1.4817 – went through this like a hot knife through butter on Friday.
    Neutral: 1.4760 = acting as a floor right now. Equivalent to ES = 1041.75
    S1: 1.4662 – Nowhere near this overnight
    S2: 1.4605

    The daily longer term chart for EUR (below) shows that there STILL ISN”T a lower low or lower high. Until the trend is broken, it’s difficult to say that the USD is on a solid move up. Note that there are regular red dashed lines which are TD TDST down lines. These are points of support for the EUR. In order they are:
    1.4576
    1.4287
    1.3898
    1.3213
    1.2533 = This one is MAJOR support that has been tested twice: October – December 2008 and March 2009.
    EUR needs to break 1.4576 for a downward trend to be established on a longer term. The bias can still be down within range trading, until this point is broken – or it could be up within range trading.

    NEWS
    Bank of America is buying treasuries.
    No major news from a quick scan.

    Data
    See here:
    http://www.briefing.com/Investor/Public/Calenda
    Major items:
    10AM mfg data – could be a market mover, and I think the move up this AM in ES is related to anticipation of an improvement (whisper number) because the expected is around 53 vs prior of 52.6 – above 50 indicates expansion, so watch out if for some reason the number is below 50). My own personal opinion is that it will be above 50 due to inventory build ups and strong tech results we saw in US and Europe.
    10AM Construction Spending -0.2% exp vs 0.8% prev
    10AM Pending home sales YoY: no expected. Prev = 12.1%

    I’m still not back in the market until I can get my head around how to match my execution to my vision.
    Cheers.

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

    as i said earlier

    forex is saying EUR/USD going to make 1,4962 with a perfect C = 1,62 of A

    so 0.005 above your R2?

    s&p (without a 20 point gap up) will be hard pressed to make 1050 and 1060…nah, not without 20 point gap up

    so it could be contained by your yellow trend line

    p.s. thanks for your posts

  • Autopsias

    Is everyone getting the zero correctly? Mine is updating the time only…

  • CorporalCarrot

    Thanks Bob, thats educational. I've only added a small amount however, and in keeping with my strategy of not being able to pick every swing, I'll just leave it on for the time being as my position size is manageable. If we get another decent spike will add more.

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

    markets will only open in 40 m (winter time change this weekend in the states)

  • Autopsias

    Yeah, we Martians left that summer time a long time ago since we've joined the galactic coalition…
    Only galactic time for us now… 🙂

  • ultra

    yep cheers gmak

    hamster – did you see/like my $bpndx:$bpspx chart? I like it cos it is price independent and still managed to nail top 2007 (divergence) and bottom 2009 (to the day) nicely. the correlation flips are interesting too I think. seems to be a useful tool for calling intermediate lows on the way down.

  • amokta

    time change i think in usa

  • CorporalCarrot

    Powerful move in the EuroUSD. Since almost hitting the 1.48 its reversed course sharply, and continues to gain. Equity futures still positive however although dropping from best levels now.

  • http://eminitrends.blogspot.com/ T. Waffle

    Good Morning guys,

    Here's my charts and market expectations.
    http://eminitrends.blogspot.com/2009/11/market-

    Comment and critics are welcome.

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

    might be, still have to find a way to find it palatable

    by my reading we either started the fall end of august or it will take a long while

  • bergs

    Appears we have a fifth wave to go for completion of minuette wave three in the 1020 area?

    Alternate is ones and twos.

    http://screencast.com/t/RpMwUcSJMq

  • https://www.evilspeculator.com berkshire

    Looking to add to BK, RIMM, BGC, ATI, JRCC, X, FLR, STJ, FPL, ECX, and SCHN this AM.

    Skål!

  • https://www.evilspeculator.com berkshire

    Looks pretty good. I agree that we should have at minimum one more push lower, potentially a reasonable bit lower. I tend to be in the camp of I-II, i-ii, but we will see.

    Skål!

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

    hummm, low gap up on nasdaq… me likes it

  • bergs

    Yes, a little nervous on the the 1-2 thing. Yet, with the five minute chart it appears to be doing an abc fourth wave a one degree lesser, with a small fifth. to come.

    Or as usual I missed a completed count.

  • CorporalCarrot

    “Asian factory activity grew again in October, with China hitting an 18-month high, suggesting the region is on an economically solid footing and will likely lead the global recovery”

    http://online.wsj.com/article/SB125712671524921

    Why do popular media outlets continue to blindly & unquestioningly print hopelessly optimistic garbage that’s so full of holes and based on numbers that everyone in the world openly acknowledges are probably fake?

    I mean, every man and his dog knows china is falsifying figures, counts things at the point of production rather than point of sale, counts money supply at the point of lending rather than being deployed for any sort of productive investment, is building inventories and commodity stockpiles at a frightening rate and has a ridiculous overhang of completed and empty commercial and residential real estate. Yet they will somehow lead the global recovery.

    Whats laughable about this is that these things become accepted where a cursory examination of facts reveals them to be illusory.

    Chinas GDP? $3-4 trillion at best guess. Even if you believe their ridiculous growth rates, how is this supposed to compensate for the reduction in US GDP of $14 trillion. It will eventually, but not in the next 2 years.

  • https://www.evilspeculator.com berkshire

    I'm also inclined to call a truncated 5th where you have II. That would have us moving down in a straight impulse, heading lower right now…

    Skål!

  • CorporalCarrot

    Nice one, Shamazon continues to fall even though the market is up. Puts from friday doing nicely.

  • Cole

    Don't forget CHL!

  • CorporalCarrot

    Incidentally, could someone tell me if this ISM report is one of those thats leaked to certain people 3 minutes before the offical announcement?

  • https://www.evilspeculator.com berkshire

    I'd like to give a shout out to LVS. I knew you wouldn't fail me…

    Skål!

  • gregn

    35.50ish looks to be a good place to reload on X.

  • CorporalCarrot

    Bob,

    This ISM report better be good at this stage, because this “oversold rally” is looking tepid at best.

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

    i just love morning headfakes on3Xshort etfs

    stops' time

  • https://www.evilspeculator.com berkshire

    Agreed. However, no I have reverted to my break-out trading system that says I should have a full load of units on should we push below 34.5.

    Skål!

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

    can I say enough? look at nasdaq

  • gregn

    A break of 34.06 will take us to 30 in no time.

  • https://www.evilspeculator.com berkshire

    Which is exactly the type of trades I am looking for!!

    Skål!

  • bobthehorse

    I have no idea what the report will be, I only know what I think the odds are.

  • CorporalCarrot

    lol the ISM report leak must be out 🙂

  • http://www.genxantihero.blogspot.com LostIllini

    methinks somebody knows the ISM #'s

  • bobthehorse

    or the mkt is just squeezing out all the shorts first. tells you something about positioning

  • gregn

    Grabbed some DEC 30 puts on that bounce to resistance. Looks like it will hold for now.

  • centerline

    Just saw that and was thinking (hoping) the nasdaq will lead as has been pretty good indicator recently.

  • CorporalCarrot

    You have to hand it to them. That is hilarious.

  • https://www.evilspeculator.com berkshire

    Sure does. I added a few Jan and Dec to my mix of APR…

    Skål!

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

    as long as it resists the push… nasdaq is already solidly beloe the oct.2 low

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

    i'd be laughing my ass off… but it still hurts

  • centerline

    Very cool post Michael. Great post to start the week with. I am a fan as well… your site is one of only a handful I regular visit. Thanks.

  • gregn

    Got through resistance with some strength. Think I am going to unload and reload later.

  • bobthehorse

    MajorTurnip – you owe me

  • https://www.evilspeculator.com berkshire

    My first unloading level is just shy of 37. But do what you do…

    Skål!

  • gregn

    I go by 15m price bar closes above key levels, waiting till 10:15 to decide.

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

    these vertical morning boosts …. geting sick of them

  • tradejane

    Yup. Euros & DAX…they know stuff.

  • https://www.evilspeculator.com berkshire

    Not in a bear market buddy. You will need to recognize your perfect reloading opportunities for what they are.

    Skål!

  • de3600

    Thought Steve Liesman was going to jump out of his chair. Such a dick

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

    still holding but these days always hurt and they'll keep trying to pump beyond resistences…

    only thing positive is nasdaq went below oct2 low on friday.

    strong signal to ignore

  • https://www.evilspeculator.com berkshire

    Yeah, not denying it is painful. Also not denying that is is SOOO much fun to be shorting the rally up to only have it turn at 10:30 and dump itself silly for the rest of the day. I may be a few wiggles to early for this kind of reaction, but I have to recondition myself.

    Skål!

  • killafox

    very strong movement, probably spx already finished wave 1, dollar is already in wave 2 and he might have a inverted H&S, if that happen we will see spx in much lower values.
    regards and visit http://followmarketrend.blogspot.com

  • molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨
    ¨°º¤ø„¸ N E W „ø¤º°¨
    ¸„ø¤º°¨ P O S T “°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸

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

    careful, this will may be a thursday replay and then I expect 1060 close to EOD

    it plays out with my 1.496 for he euro C up

  • molecool

    NO sucking up to CV – he hates that 😉

  • https://www.evilspeculator.com berkshire

    Could be. And if it is, I will be shorting all the way into the close. Bought enough for now… Need to see how the next few hours play out. Fed meeting tomorrow/Wednesday. And you will always hear me say that nobody can call a top better than the Fed…

    Skål!

  • raised_by_wolves

    But AMZN isn't solidly below any October low. 🙂

    Here's a simple game road map not just for AMZN but also the overall market using AMZN as leading indicator:

    http://screencast.com/t/ZWKviuTW

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

    seems mole has both scenarios covered (+ the one where gs wave gets liftoff)

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

    up, down or sideways

    that about covers it 🙂

    p.s. that gap is calling…
    p.p.s. seen the older thread?

  • raised_by_wolves

    re: p.p.s.

    Yes, but let's hold off until non-market hours. I do know that I'm ADHD without H, and it's extremely difficult for me to focus during the day. My focus goes laser sharp at night.

  • raised_by_wolves

    re: p.s.

    AMZN could be feigning mortal injury. Look at the RSI (2,1) on a chart with weekly candles. See the RSI plateau top? See the weekly candles? My mental odds calculator says the possibility is too high that today's low will the weekly low, and my mental risk calculator says I don't want to fuck with this beast until I can confirm that it's mortally injured, or better yet, wait for it to get back up and then throw a spear into it's side. I'll hang onto my two AMZN lottery tickets, but I won't be adding any puts until after a gap up. 135-150 here we come?

    http://screencast.com/t/0kqKw8Cg

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

    talk tonight

    p.s. H is what blocks your focus
    p.s. any chat where you'll fel more at ease?

  • raised_by_wolves

    re: first p.s.

    Probably right. So, ADHD with introverted H.

    re: second p.s.

    No, I feel at ease on ES. You? I don't care if our conversations are in public view as long as I'm raised-by-wolves and not xxxxxxx-xxxx-xxxxx.

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

    3 is over, but 4 may be over as well (nice catch) and 140 would seem to be the final top if it this was the low

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

    no probelem for me, we can keep at this dead thread just as not bothering other with OT stuff

  • raised_by_wolves

    My plan is to do a Dec put vertical on the condition that 140 is reached.

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

    raised, are you there? it's 2am here and I'm still with a flu, if you can talk know I'd appreciate

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

    ok cub, time for sick old hamsters to be put to sleep (nothing like a morbid, make childrenn cry, joke at 3 am)

    waited a while but don't even know your timezone, so…

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

    humm those x's, and some other things…

    RBW are you also known as MJS?

    tiny hamster brain loves enigmas and small leads

  • Pingback: A Trader’s Guide to Secondary Offerings (Part 1) | the evil speculator - one nefarious trade at a time()

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

    Yesterday I wrote this here

    ” guess the 4 likes were for a silent steel hamster.

    ok

    p.s. get your crayons and RULLER find why spx:gold breaking 0.97 would get me so horny I’d even find a cartoon sexy, and why it will stop right there tomorrow

    p.p.s and why if it fails to reach 1.1 after that
    it will find support at 0.89 by november’s end

    did you check monday’s low…

  • raised_by_wolves

    I'm posting here because I'm sick of having to click on “next” at the bottom of the page.

    I remembered that the we had planned to converse last night but had to change plans after some crazy shit went down in “the jungle” (I won't be camping there tonight) and wasn't able to let you know. So, I apologize for keeping you up waiting, especially since you're fighting flu. Is Mrs. Hamster sick too, is she taking care of you, or have you been quarantined? Try mixing spirulina and cayenne pepper into some miso soup. Spirulina keeps me alive. Like POMO cash, it'll rally you back to health.

    We may have to resort to asynchronous conversation since I'm leaving soon but will probably be back later this evening and/or tomorrow morning. I'm Pacific time, but don't keep any schedule or routine. That in itself may invalid your RBW-has-AS hypothesis. By the way, I have been reading about autism, Asperger syndrome (AS), schizoid personality disorder (SPD), and schizophrenia. As I visualize them, autism and schizophrenia are at two polar extremes with AS closer to autism, “normal” in the middle, and SPD closer to schizophrenia. Based on my own self-evaluation, which I'll discuss in more detail later, I could be the “secret schizoid.”

    Hey, sorry to make you worry (even though it's illogical). I'll try to stay out of trouble and promise not to do anything stupid like getting caught keying an apocalyptic Bible verse about the ruin of the whore of Babylon on the hood of some rich bastard's Porsche.

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

    google AQ test, your spectrum view is a bit off , it goes from autists, aspegers, men, women to hysterical ultrasensitive

    usualy analytical capacity is also directly correlated

    skizoid has more to do with divergence from shared worldview

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

    still having dinner, just a pause

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

    just a question, is the homeless part fact or just part of your persona?

  • raised_by_wolves

    Mind keeping this to yourself? The homeless story is part of my persona, at least for now. I think of it as an “artistic truth.” In reality, I'm not yet a tramp. Instead, I'm an aspiring tramp.

    Scattered thoughts that I'm too tired to weave any tighter. . . .

    I'm trying to bank enough coin to pay off my student loans, buy a year's stockpile of food and other necessities for my parents and grandparents, and cover a year's worth of expenses for traveling frugally, living at least some of the time among transients, and documenting social upheaval if there is another Great Depression (or something worse). I want to do the photographic equivalent of something like a Ted Conover piece of non-fiction even though it may have a low probability of launching a career. I want to do it for the pictures even if no one sees them. I want to do it for the experience. I want to do it for the hell of it. I want to do it.

    Unlike Conover, I don't have a father who is a successful lawyer, a degree from a prestigious university, or an established career to backstop my adventure “into the wild.” My parents both have full-time work but rent and live paycheck to paycheck. One set of grandparents aren't aren't much better off. As for myself, I failed out of university after I lost my ability to write papers. I have part-time work right now with yearly earnings potential of about 15 K. At the very least, trading with a bearish bias is a hedge against being laid off due to economic conditions worsening.

    To my family, my few friends, and my coworkers, I come across as being psychologically normal. Sure, everyone thinks I have ADHD including a psychologist I used to visit on my own and a psychiatrist I used to see at the drug trial/medical research center where I used to go for free meds that helped improve my focus a little but didn't cure my writer's block. But most people think I'm normal enough. My outward behavior appears so. Inwardly, I feel very different (and in some ways superior). I am the most creative person I know. I am also least successful at finishing projects I start.

    I've always been an introvert but have become far less social over last two years. I'm still sociable when in social situations, but I find myself avoiding them more and more. I'm becoming a hermit, and I don't mind. Why? Is this preparation for my adventure “into the wild?” Am I observing real psychological change?

    I actually like stories, listening to people's personal stories. Most suburban dwellers don't have stories or don't have the knack for telling them. People who are on the streets or barely off the streets usually have interesting stories whether true to life, embellished, or fictional.

  • raised_by_wolves

    I took the Autism-Spectrum Quotient at WIRED.

    http://www.wired.com/wired/archive/9.12/aqtest….

    I scored 17, which is about average since the control group was about 16.4.

  • raised_by_wolves

    Hamster, do you have Asperger's yourself? Do you have a family member or friend who has Asperger's? Are you an educator, counselor, or psychologist who interacts with people who have Asperger's?

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

    more than average, good news, as soon as you change your attitude normal interaction should pose no difficulties

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

    it is something clinicaly considered only lately, 1%+ do.

  • raised_by_wolves

    The best relationship I almost had was with Jennifer.

    After work, I'd sit with her at the bus stop. She'd light up. We'd talk. One time I asked her about my looks. She said, “Uh. . . . I'd take you.” I said, “What does that mean? You'd take me if you had to?” She smiled. “Yeah, if I had to.”

    If were friends at the bus stop, we were more like enemies inside the store. I didn't have conflict with anyone else, but conflict with her was everyday normal. It was great though because any time we reached an emotional boiling point, which happened at least once a day, one of us would crack a smile and we'd both end up smiling or laughing.

    When Jenn wasn't wearing the green apron with the stupid mermaid siren logo on it that we both came to hate, she looked like she belonged in a hipster part of London. It wasn't just the way she dressed. She also had dirty black hair, she didn't have prefect white teeth, and she smoked. Further, she absolutely radiated sexiness. It was like I hadn't consciously realized the full extent of this fact until I heard another coworker say about her, “She's crazy enough to be really good in bed. Man, what I wouldn't give to get under the sheets with her.” This is when I realized that I really liked her. But I was too busy, distracted, and shy to pursue her. I was also too religious, and she wasn't.

    My coworker was right on about her craziness too. Not only was her craziness sexy, but her craziness was crazy. She asked me one time, “What's stopping us from hitchhiking to New York, mugging someone to fund our plane tickets, flying to London, and living there.” I asked, “Are you suggesting we mug some rich bastard who probably deserves to be mugged anyway or an old lady?” She replied, “The old lady” and added something like, “Easier to knock down.” I remember saying, “You know, panhandling would be another way of getting the rich bastard's money. And if that doesn't work, sure, we could mug the old lady.” She didn't say anything so I did. “Hey, uh, you're serious about just up and leaving, aren't you? Hmm, let me think and get back to you on this one.” I thought about it. I even thought seriously about it. Apparently, I was crazy enough to consider running off with Jenn, but maybe I wasn't crazy enough to do it. I kept thinking about parental expectations to get a university education and my societal obligations to pay back student loans. All that shit.

    Well, rationality and/or fear of the unknown beat out (barely) my hell-yeah-let's-fucking-go impulse. I didn't say yes. I didn't say no. Or did I? I said, “That's fuckin' crazy. But, hey, if you really want to, I'll look into our cheapest options for a spring break trip to London.” That must have been a resounding no to her ears. A spring break trip is not what she had in mind. A few days later, Jenn hugged me at the bus stop and looked at me with reserved affection, sighed, and let go. I had never kissed a girl before. Still haven't. I wish I had kissed her. If I could go back in time, I would kiss her for sure. Would I run off with her though? I want to think I'm crazy enough to do that, but I really don't know for sure.

    The story ends with Jenn abruptly leaving town, presumably for London. I never saw or heard from her again. Every once in awhile I search for her on Facebook. No luck.

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

    ok. I'll keep silent on that front (I think most believe something like that, but I have a principle, why think when you an know if you ask?)

    As for the grand depression documentary… in your last sentence you mention stories, photo is so 1929. Might as well do short videos.

    As for the rest… a lot is normal when you're 20 😉

  • raised_by_wolves

    Good news unless I'm starting to develop some other disorder 😉

    I'm quite content with my ADDvantage 🙂

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

    you have a knack for short stories… not half bad…

    how come you say you can' write papes anymore?

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

    20's disorder IMHO

    can be a pain

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

    btw, your talk about never having had anything with a girl… if you talk half as good as you write they're in line witing for you to do the duracell bunny act on them… but you have to pay attention to see and (though normal at your age) you seem a bit navel oriented

  • raised_by_wolves

    For documentary purposes, yes, raw video would be the way to go. Maybe I'll do that, but that wouldn't be enough. I guess documentary alone isn't really want I'm after. Think Robert Frank's photo book The Americans. I like the artistic expressiveness of photo books like his. To achieve the same level of artistic expression, it would have to be a motion picture. But then you have paid actors instead of subjects and a crew instead of a lone wolf.

    Also, you haven't seen my potential as a photographer.

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

    do you have a place where you post your pics?

    from raw video you can take pictures, texts that go with them, and motion picture is so XX century. How about a web 2 approach to it? a site with the images, the videos, the texts, the work in progress, and the visitors contribution connected with each part.

    Afterwords you can edit a frozen version

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

    do you have a place where you post your pics?

    from raw video you can take pictures, texts that go with them, and motion picture is so XX century. How about a web 2 approach to it? a site with the images, the videos, the texts, the work in progress, and the visitors contribution connected with each part.

    Afterwords you can edit a frozen version

  • raised_by_wolves

    During my last two quarters, I experienced some weird, ongoing, and disabling major depressive writer's block episode (I wasn't even procrastinating). Either I didn't turn anything in at all because I couldn't do academic papers anymore or I turned in visual art or creative writing instead because I could do those. I reasoned, “If I can't do their assignments, I'll assign myself my own assignments.” That usually didn't go over well.

    There was an instance where a professor actually accepted my visual art with accompanying text to explain it. Instead of writing a traditional academic paper on some aspect of mythology, I manipulated/remixed/recontextualized other people's images to visually tell my own version of the “Theseus and the Minotaur” myth. To increase the probability of the professor accepting my crazy ass art project, I wrote some crazy ass text to accompany it.

    This is what I wrote:

    Remixing Theseus and the Minotaur

    Opening remarks on story telling

    Generally, there are two approaches to retelling a myth: (1) Approximate form and meaning and (2) restructure form or manipulate meaning (or both). Rendering a myth both accurate and accessible are the primary challenges for the story teller who chooses the first approach. So, the story teller writes or orates for an audience. She asks “Who is this audience?” “Is this audience homogeneous or heterogeneous? “In which languages are these persons fluent?” “Is translation or contextualisation necessary?” “Are there possible cultural inhibitors?” “To what extent will I simplify, subtract from, add to, elaborate or embellish?” “How will I make necessary changes and get as close as possible to the original story?” Some of these questions are relevant for the story teller who decides on the second approach, but that last question is not one of them, and that second to last question does not go far enough. So, she asks herself these questions: “How will I make changes, most of them unnecessary, to deviate from the original story” and “Where and how far will I go?”

    My brainstorming process

    Deciding to restructure and manipulate “Theseus and the Minotaur”, I wanted to explore labyrinths. We encounter experiential labyrinths as individuals and societies. Thinkers conceive intellectual labyrinths and seekers find spiritual realities. There exist ideated and imagined labyrinths. At first, I wanted to explore string theory after reading the headline, “String Theory, at 20, Explains It All (or Not).” New York Times writer Dennis Overbye asks “What if the basic constituents of nature and matter were not little points, as had been presumed since the time of the Greeks?” He wonders “What if the seeds of reality were rather teeny tiny wiggly little bits of string? And what appear to be different particles like electrons and quarks merely correspond to different ways for the strings to vibrate, different notes on God's guitar?” Using the language of labyrinth, he continues “It sounds simple, but that small change led physicists into a mathematical labyrinth, in which they describe themselves as wandering.”

    In response to “What if?” new and different ideas came to mind. I wrote in my journal: “Different creation/cosmos stories begin as separate threads. As the book progresses these threads spin into each other, crisscross, loop, ravel, and eventually unravel. It begins with a young what-if-er. What if the stories told by her daddy, her mother, her Native American grandmother, her Sunday school teacher, her teacher, and even Dr. Schwarz could be told as one story? Would this many-made-one story make sense? Nonsense? What if they were all connected differently? Word by word? Sentence by sentence? Begin by drawing a line across a page and continuing onto another.”

    Finally, I decided on the subjects of depression, recursion, and paradox. I imagined a depressed Minotaur stepping out of shadow to deliver a soliloquy. First, he quotes Kurt Cobain, saying, “I hate myself and want to die.” Then, he philosophizes with existential philosophers Sartre and Kirkegaard (i.e. “Existence precedes essence”), as well as Pink Floyd: “Every year is getting shorter never seem to find the time. / Plans that either come to naught or half a page of scribbled lines / Hanging on in quiet desperation is the [Minoan] way / The time is gone, the song is over, / Thought I'd something more to say.” The Minotaur challenges Sor Juana Inés de la Cruz (Love is More Labyrinthine), who writes “. . . So that human blood may nourish the Minotaur, monster of contradictory forms.” The Minotaur contends, “. . . So that an inhumane king might appease another dehumanizer and king greater . . . at the cost of human life lost . . . and mine devitalized.”

    Inspired by Douglas Hofstadter, I thought to bring in Bach and Escher. Incidently, Bach wrote Little Harmonic Labyrinth. Borrowing words from Hofstadter, the Minotaur explains to his unwilling house guest, Theseus: “The original Little Harmonic Labyrinth is a piece by Bach in which he tries to lose you in a labyrinth of quick key changes. Pretty soon you are so disoriented that you don't have any sense of direction left—you don't know where the true tonic is, unless you have perfect pitch, or like [you,] Theseus, have a friend like Ariadne who gives you a thread that allows you to retrace your steps. In this case, the thread would be a written score. This piece—another example is the Endlessly Rising Canon—goes to show that, as music listeners, we don't have very reliable deep stacks.” The Minotaur's reference to himself and Theseus leads to recursive retelling of “Theseus and the Minotaur” The Minotaur and Theseus become the same yet somewhat different characters as the Minotaur reads to Theseus from Leonard Everett Fisher's rendition of the myth. While Theseus is stuck on one level with a depressed Minotaur but stuck on another level within the illustrated children's book by Fisher, Ariadne begins to have doubts about Theseus. “If you love me, Theseus, your love will find its way to me.”

    To clarify some character and plot details, I intended Theseus to walk into the Minoan Labyrinth and become the Minotaur's prisoner. From the Minotaur's perspective, Theseus is wanted as a companion more so than as a captive. If Theseus is Marlow (Heart of Darkness) or Willard (Apocalypse Now), then the Minotaur is most certainly Kurtz. His is a complex character. Likewise, the audience should have complex feelings about the Minotaur. Therefore, we feel sympathetic toward, sorry for, and repulsed by the Minotaur. It is unfortunate for the Minotaur that we do not so readily empathize with or relate with him. Remember, he is depressed and desperately needs to bond with someone. Is Theseus a companion? In subduing the hero, perhaps with music and dance, the Minotaur accidently wounds the foot of Theseus. Is Theseus a hero? Either hearing the screams of Theseus or feeling the life-energy connection dissipate through her life-sustaining-umbilical-cord-like string, Ariadne believes Theseus is dead. A woman, she weeps. A heroine, she wipes her tears away.

    Meanwhile, Theseus actually remains alive and detained. This time becoming their reverse characters, the Minotaur begins a second reading of the illustrated children's book.

    Besides the Minotaur, Ariadne and Bach—I mean Bacchus, who is also known as Dionysus—are the main characters. Without Theseus, Ariadne and Dionysus will have a future together. Dionysus responds to Ariadne's cries to the gods in a very direct sort of way. The god of passion comforts and seduces her by letting Ariadne continue to believe that her lover-warrior is no more. The audience may wonder whether Ariadne developed object-constancy. Dionysus steals the girl and a line from Sor Juana Inés de la Cruz, repaying Theseus with some kind words: “A hero does not feel death; an affront, yes, for it is infamy that one born to such high estate should die so basely.”

    Jump cuts

    Jump cut: [In the labyrinth, the Minotaur reads to Theseus a bittersweet ending.]

    Jump cut: [On the ship, Ariadne and Dionysus are engaged in hot, sweaty sex.]

    In hopes you are getting the concept

    Does the textual story you are reading illuminate the visual story? Does the visual story you are viewing enrich the textual story? Let me explain the visual story: With two threads of visual imagery, I replace words with paintings and photographs. Some images may be familiar, such as Botticelli's “The Birth of Venus” or W. Eugene Smith's holocaust photographs. Others images, like those of Ralph Gibson and Stephen Livick, may be less so. Although I played with most of these images, it is the forms and meanings of the story that I restructured and manipulated invasively. I tell the story “out of order” or even “backward” with the first flip book (Botticelli on front) and “forward” yet “discontinuous” with the second flip book (Smith appears first). I think it best to view them side by side. The viewer might assume/imagine several settings/scenes: (1) The self-loathing, suicidal Minotaur within the labyrinth, (2) Ariadne and Theseus at the entrance to the labyrinth, (3) Ariadne and Dionysus making love outside—over the Aegean sea?—as well as (4) Theseus inside the labyrinth with the Minotaur. The viewer remains free to imagine/image differently. With this flip-book format, I wanted the viewer to explore relationships among these images and generate new structures and meanings.

    Ariadne is not an after thought or a sex object (really, she's not)

    I have adapted Ariadne—her sensitivity, her sensuality—from Emilio Carballido's character. I imagined her as complex as the Minotaur, but knowing that might not be apparent through my visual imagery, I desired Ariadne to speak either for herself or with Carballido: “When you enter the Labyrinth, I will have the end of the ball of yarn in my hands. I will clutch it to my belly. I will feel it like an artery that pulses and draws my life toward you. I will feel it like the cord that unites the mother with her new born child. I will support it and through it I will be sending you my prayers, my strength, my ancestors, my name. When you emerge, you will be my husband and my child.” Ariadne is idealist and imaginative, arguably, uninformed yet not uniformed. Initially, I wanted reader-viewers to question and re-question Ariadne's depth. Rather, I want reader-viewers to gloss over this character at first and then get around to exploring the depths of Ariadne. Later, not with Theseus but Dionysus, she says thoughtfully, beautifully “Do you know what the sea seems like with the foamy weaving of its waves and the open web of all its invisible ways? A labyrinth. When we have crossed it, we will be different people.”

  • raised_by_wolves

    I'm SO last century 😉

  • raised_by_wolves

    Not yet. Working on it. Will consider this.

  • raised_by_wolves

    Not yet. Working on it. Will consider this.

  • raised_by_wolves

    Yeah, I keep gazing at my own navel, not theirs. Why am I so narcissistic? What's wrong with me? I need to explore myself more to figure this out 😉

  • raised_by_wolves

    Yeah, I keep gazing at my own navel, not theirs. Why am I so narcissistic? What's wrong with me? I need to explore myself more to figure this out 😉

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

    as far as style is concerned the “girl at the store” is much better in structure, flow, emotions

    now, for labyrintine issues.. may >I ask if you read certain authors/books?

    Borges, Kafka, P.K.Dick, R.Anton WIlson, David Mitchel…

    which ones?

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

    LOL, no you don't. You need to live a bit more and do it with others.

    I think you're trying to use brains only on departements where you should be using the whole of you and others to FEEL. understanding will come

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

    and first wait for the depression before making big plans 😉

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

    SO last millenium indeed

    LOL

    p.s. guess you'd love a 50mm yashica http://photopolus.files.wordpress.com/2009/10/y

  • raised_by_wolves

    My professor must have been too easy. Hmm, maybe she was hitting on me. Why else wouldn't she flunk my ass?

    Don't reread this mediocre piece all over again (the visuals including nudes weren't as mediocre), but look for the change I couldn't help making. Hint, the Minotaur is now gay:

    Remixing Theseus and the Minotaur

    Opening remarks on story telling

    Generally, there are two approaches to retelling a myth: (1) Approximate form and meaning and (2) restructure form or manipulate meaning (or both). Rendering a myth both accurate and accessible are the primary challenges for the story teller who chooses the first approach. The story teller writes or orates for an audience. She asks “Who is this audience?” “Is this audience homogeneous or heterogeneous? “In which languages are these persons fluent?” “Is translation or contextualisation necessary?” “Are there possible cultural inhibitors?” “To what extent will I simplify, subtract from, add to, elaborate or embellish?” “How will I make necessary changes and get as close as possible to the original story?” Some of these questions are still relevant for the story teller who decides on the second approach, but that last question is not one of them, and that second to last question does not go far enough. She is driven to ask: “How will I make changes, most of them unnecessary, to deviate from the original story” and “Where and how far will I go?”

    My brainstorming process

    Deciding to restructure and manipulate “Theseus and the Minotaur”, I wanted to explore labyrinths. We encounter experiential labyrinths as individuals and societies. Lovers have their relational labyrinths, seekers have their spiritual labyrinths, and thinkers have their intellectual labyrinths. At first, I wanted to ponder the labyrinth that is string theory. The artist in me reached for the scissors and glue stick when I read, “String Theory, at 20, Explains It All (or Not)” in the New York Times. Writer Dennis Overbye asks “What if the basic constituents of nature and matter were not little points, as had been presumed since the time of the Greeks?” He wonders, “What if the seeds of reality were rather teeny tiny wiggly little bits of string? And what appear to be different particles like electrons and quarks merely correspond to different ways for the strings to vibrate, different notes on God's guitar?” Using the language of labyrinth, he continues “It sounds simple, but that small change led physicists into a mathematical labyrinth, in which they describe themselves as wandering.”

    In response to “What if?” new and different ideas came to mind. I wrote in my journal: “Different creation/cosmos stories begin as separate threads. As the book progresses these threads spin into each other, crisscross, loop, ravel, and eventually unravel. It begins with a young what-if-er. What if the stories told by her daddy, her mother, her Native American grandmother, her Sunday school teacher, her teacher, and even Dr. Schwarz could be told as one story? Would this many-made-one story make sense? Nonsense? What if they were all connected differently? Word by word? Sentence by sentence? Begin by drawing a line across a page and continuing onto another.”

    Finally, I decided on the subjects of depression, recursion, and paradox. I imagined a depressed Minotaur stepping out of shadow to deliver a soliloquy. First, he quotes Kurt Cobain, saying, “I hate myself and want to die.” Then, he philosophizes with existential philosophers Sartre and Kirkegaard (i.e. “Existence precedes essence”), as well as Pink Floyd: “Every year is getting shorter never seem to find the time. / Plans that either come to naught or half a page of scribbled lines / Hanging on in quiet desperation is the [Minoan] way / The time is gone, the song is over, / Thought I'd something more to say.” The Minotaur challenges Sor Juana Inés de la Cruz (Love is More Labyrinthine), who writes “. . . So that human blood may nourish the Minotaur, monster of contradictory forms.” The Minotaur contends, “. . . So that an inhumane king might appease another dehumanizer and king greater . . . at the cost of human life lost . . . and mine devitalized.”

    Inspired by Douglas Hofstadter, I thought to bring in Bach and Escher. Incidently, Bach wrote Little Harmonic Labyrinth. Borrowing words from Hofstadter, the Minotaur explains to his unwilling house guest, Theseus: “The original Little Harmonic Labyrinth is a piece by Bach in which he tries to lose you in a labyrinth of quick key changes. Pretty soon you are so disoriented that you don't have any sense of direction left—you don't know where the true tonic is, unless you have perfect pitch, or like [you,] Theseus, have a friend like Ariadne who gives you a thread that allows you to retrace your steps. In this case, the thread would be a written score. This piece—another example is the Endlessly Rising Canon—goes to show that, as music listeners, we don't have very reliable deep stacks.” The Minotaur's reference to himself and Theseus leads to recursive retelling of “Theseus and the Minotaur” The Minotaur and Theseus become the same yet somewhat different characters as the Minotaur reads to Theseus from Leonard Everett Fisher's rendition of the myth. While Theseus is stuck on one level with a depressed Minotaur but stuck on another level within the illustrated children's book by Fisher, Ariadne begins to have doubts about Theseus. “If you love me, Theseus, your love will find its way to me.”

    To clarify some character and plot details, I intended Theseus to walk into the Minoan Labyrinth and become the Minotaur's prisoner. From the Minotaur's perspective, Theseus is wanted as a companion more so than as a captive. The Minotaur is lonely loner. More importantly, he needs someone to listen to him bitch. If Theseus is Marlow (Heart of Darkness) or Willard (Apocalypse Now), then the Minotaur is most certainly Kurtz. His is a complex character. Likewise, the audience should have complex feelings about the Minotaur. Therefore, we feel sympathetic toward, sorry for, and repulsed by the Minotaur. It is unfortunate for the Minotaur that we do not so readily empathize with or relate with him. Remember, he is depressed and desperately needs to bond with someone. Is Theseus an acquaintance or a friend? In subduing the hero, perhaps with music and dance, the Minotaur accidently wounds the foot of Theseus. Is Theseus a hero? An antihero? Or neither? Should he be killed off? Ariadne hears the screams of Theseus and mistakes the situation for a graphically violent his-charter-gets-killed-off scene. She imagines the life-energy connection dissipate from her (not so) life-sustaining-umbilical-cord-like string. Yes, Ariadne is convinced that Theseus is dead. She weeps a little, but then wipes away those precious few tears. Wait, what are her character motivations, again?

    Meanwhile, Theseus remains detained, alive but wishing he were dead. This time becoming their reverse characters, the Minotaur begins reading the illustrated children's book version he wrote.

    In a parallel universe somewhere, there exists an adult version. Bach—I mean Bacchus, who is also known as Dionysus—figures more prominently in this one. With Theseus stuck in the children's book, Ariadne and Dionysus may have a future together. This is how they meet: Ariadne cries to the gods and Dionysus responds in a very direct sort of way. Uh huh, the god of passion comforts and seduces Ariadne. He lets her continue to believe that her lover-warrior is no more and even consoles her loss. The audience may wonder whether Ariadne ever developed object-constancy. Dionysus not only steals the girl but also a line from Sor Juana Inés de la Cruz, to remember Theseus with some kind words: “A hero does not feel death; an affront, yes, for it is infamy that one born to such high estate should die so basely.”

    Jump cuts

    Jump cut: [Back in the labyrinth, the audience sees a rainbow-colored flag. The Minotaur is living out his preferred happy ending.]

    Jump cut: [On the ship, Ariadne and Dionysus are engaged in . . . what else . . . hot, sweaty sex.]

    In hopes you are getting the concept

    Does the textual story you are reading illuminate the visual story? Does the visual story you are viewing enrich the textual story? Let me explain the visual story: With two threads of visual imagery, I replace words with paintings and photographs. Some images may be familiar, such as Botticelli's “The Birth of Venus” or W. Eugene Smith's holocaust photographs. Others images, like those of Ralph Gibson and Stephen Livick, may be less so. Although I played with most of these images, it is the forms and meanings of the story that I restructured and manipulated invasively. I tell the story “out of order” or even “backward” with the first flip book (Botticelli on front) and “forward” yet “discontinuous” with the second flip book (Smith appears first). I think it best to view them side by side. The viewer might assume/imagine several settings/scenes: (1) The self-loathing, suicidal Minotaur within the labyrinth, (2) Ariadne and Theseus at the entrance to the labyrinth, (3) Ariadne and Dionysus making love outside—over the Aegean sea?—as well as (4) Theseus inside the labyrinth with the Minotaur. The viewer remains free to imagine/image differently. With this flip-book format, I wanted the viewer to explore relationships among these images and generate new structures and meanings.

    Ariadne is not an after thought or a sex object (really, she's not)

    I have adapted Ariadne—her sensitivity, her sensuality—from Emilio Carballido's character. I imagined her as complex as the Minotaur, but knowing that might not be apparent through my visual imagery, I desired Ariadne to speak either for herself or with Carballido: “When you enter the Labyrinth, I will have the end of the ball of yarn in my hands. I will clutch it to my belly. I will feel it like an artery that pulses and draws my life toward you. I will feel it like the cord that unites the mother with her new born child. I will support it and through it I will be sending you my prayers, my strength, my ancestors, my name. When you emerge, you will be my husband and my child.” Ariadne is idealist and imaginative, arguably, uninformed yet not uniformed. Initially, I wanted reader-viewers to question and re-question Ariadne's depth. Rather, I want reader-viewers to gloss over this character at first and then get around to exploring the depths of Ariadne. Later, not with Theseus but Dionysus, she says thoughtfully, beautifully “Do you know what the sea seems like with the foamy weaving of its waves and the open web of all its invisible ways? A labyrinth. When we have crossed it, we will be different people.”

  • raised_by_wolves

    I have read some Kafka. I want to read P.K. Dick.

  • raised_by_wolves

    Well, twenty is my mental age anyway.

  • raised_by_wolves

    Yes, I like old things. I have a Leica M3.

    http://www.jamesbondlifestyle.com/images/produc

  • raised_by_wolves

    The title is also known as “the girl at fuckin' Starbucks,” and Starbucks is the offensive word in that alternative title.

    Hey, let me show you what real lattes look like:

    http://www.espressovivace.com/gallery2/main.php

    Working at a place that makes real lattes would be the opposite of degrading.

  • raised_by_wolves

    Oops, I liked you comment on accident. I'm not THAT liberal with likes.

    Do you . . . or do you not mean it is something that is being clinically considered for you?

    I asked you questions that could be answered with yes or no. You didn't respond with any yes or no.

  • raised_by_wolves

    Don't you mean the in-her-gizer bunny? 😉

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

    no, if you reread your question you'd be none the wiser with a yes or a no (unless you meant a double or a sextuple sequence of yesses or nos)
    so I'll sugest you google the meaning of life the universe and everything
    then think of the answer within the right context LOL

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

    here in portugal we have expresso coffees in every corner that are second only to italian ones (agreeed upon by the italians, who accept that only two people drink proper coffe in europe… and that all of the americas drink something that only vaguely ressembles cofee) … at a fraction of the price, less than 1 usd

    p.s. go for chapter 2, the fucking girl at starbucks

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

    Blade Runner is the best movie ever. But the boock is very different (try UBIK or The 3 stigmata of palmer Eldritch to start with)afterward we'll talk about weirder PKD

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

    and what is your age? you metioned you could drink in canada, I understood as a 18-21

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

    well I have a yashica like the one I showed in the link , belonged to my grandfather

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

    raised, don't try to out-gross me LOL

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

    did you google the meaning of life the universe and everything
    ?

  • raised_by_wolves

    Yeah, 42

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

    not 17

  • raised_by_wolves

    42 = the meaning of life the universe and everything

  • raised_by_wolves

    17 = where I fall on the Autism-Spectrum Quotient

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

    did you google the meaning of life the universe and everything
    ?

  • raised_by_wolves

    Yeah, 42

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

    not 17

  • raised_by_wolves

    42 = the meaning of life the universe and everything

  • raised_by_wolves

    17 = where I fall on the Autism-Spectrum Quotient

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