shorty Posted June 26, 2009 Report Share Posted June 26, 2009 I find this chart rather unsettling, so I've reamtreated to mostly $caSSh fer now. Maybe it's just all good. Butt I doubt it. Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 26, 2009 Report Share Posted June 26, 2009 I would love to see massive demonstrations in the streets-- or whatever it takes to pressure the Supreme court into overturning what I see as the "Marie Antoinette Supreme Court decision" That decision really said "Let them eat cake." That decision ignores the impoverishment of the "peasants"-- i.e. 99.9% of society, at the hands of greedy fat corporate interests, who told the rest of us (comparatively) starving folks to "eat cake." When that Supreme Court ruling was made, 99.9% of the folks in our country were told we had to put up with having leeches sucking out our life blood constantly-- the corporate leeches who are legally allowed to bribe Congress. Even many formerly upper middle class people are getting sucked dry of their money by these leeches. Will this go on until even the upper class people who are below the top .1% have been sucked dry, by being taxed to pay for enormous corporate bailouts, and having to let corporation write laws giving them rights to suck the consumer dry in banking, medical care, & even surprise cell phone charges? Wake up, Supreme Court! Speaking of leeches.... Looks like the House Dems have a good shot at passing the super moronic cap and trade. At $80 Billion per year, it is arguably the biggest tax increase in American history ( http://www.ustreas.gov/offices/tax-policy/library/ota81.pdf ), and the white house has already admitted that the cost might come in 2-3 times higher than the estimated $646 billion over 8 years.....all for a problem, that based upon the data since the 1998 hyper scare, does not even exist, let alone proving that man has anything to do with it. Let's hope the Senate has bit more sense, as they do seem to be at least little more intelligent than the average house member. UFB the idiots we have in there now....Go Gata, Go Gata. At $80 billion per year, according to the US treasury stats, it would be the biggest increase by a long shot on dollar terms, while trailing a few others in % of GDP terms...but it is a frggin' huge tax Al Gore and his buddies have cooked up for y'all. Anyone wanna throw on some 5 and 10 year regression lines? For shits and giggles, how about a 30 year? Pretty hard to get alarmed once you look at reality.....and we haven't even hit the down cycle of the Altlantic Multi-Decadal Oscillator yet. But as we well know, well at least in my experience trying to talk with them anyway, most Americans love to live with heads planted firmly in the sand and other places where the sun don't shine.....reality is not a concept they understand very well, nor care to..... Where oh Where did my hockey stick go? OOPS....that 14 degrees C is damn tough to pull away from....bogus computer models or not. Link to comment Share on other sites More sharing options...
TenaciousG Posted June 27, 2009 Report Share Posted June 27, 2009 It appears our congress has passed the Clean Energy and Security bill but not before a 300 page amendment was added at 3:09am last night. If I understand the voting process correctly the amendment was successfully voted down. There is not one damn congress man or woman who has read even half of the proposed legislation they have just passed much less the 300 pages submitted less than 24 hours ago. How can the democrats scream this is a job creator when any new "green" jobs will most likely be offset in layoffs in the oil and gas industry. But then again how the hell does anyone know! Parts of the last minute amendment was read on the floor which the Republicans highlighted some interesting items: - Home financing legislation (what is this for in a freaking engery bill?) - something called Green Banks (what the hell is this?) - homes must meet efficiency standards prior to being sold (no grandfather clause for older homes) These were just a few I remembered but they listed a bunch of crap with so much legalese that I doubt anyone could understand except for the corporate attorneys that wrote it! This sh*t must to end. I guess I will spend my holiday reading and researching the proposed legislation for clues on how to play this. Unfortunately my wife works in the oil and gas services industry and they have cut as far as they can. Whatever is in this bill may just change that - for the worse. Link to comment Share on other sites More sharing options...
GregFokker Posted June 27, 2009 Report Share Posted June 27, 2009 The latest from WalStreetPro2: Beats the hell out of reading briefing.com's economic calendar. That's the funniest $%^%*& shit I've ever seen. Abso%^^$$%ly awesome!!! Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 little divort in the way back machine Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 VIX fell out the bottom of the basing box, to atrendline from the lows equivalent to the index highs of last summer...memories are made of this... Link to comment Share on other sites More sharing options...
T_Slim Posted June 27, 2009 Report Share Posted June 27, 2009 ' bour 5pm, 'bout a mile from my house as the wind blows... (EDIT: not my pic JAX FL local news site Whoa . . . J-Ville? My hometown. Miss that place. They are running what was our great republic into the ground . . . Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 few care about volume, BUTT was massive and interesting today...using the NYSE as it's a broad no one watches much note the high vol before the plunge day, then it was exceeded today...BUTT range was small, price couldn't make it back to the high of the high vol day, OR hold above the close(high) of yest. Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 update this ditty on the XAU H&S from the other night...(EDIT: had to redo the chart, cut the big one's target off in first one ) Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 mentioned this finagler squeeze also, they're up against it now Link to comment Share on other sites More sharing options...
Jimi Posted June 27, 2009 Report Share Posted June 27, 2009 Some more comments on the Spoozer middle of the night ramp job a couple of nights ago. Posted by Tyler Durden at 4:18 PM Since FINRA and the Securities and Exchange Commission believe in going only after $1,000 insider traders with the full weight of their enforcement teams, yet ignore major market manipulation in futures and other markets, Zero Hedge wanted to present readers an opportunity to be heard by the market's regulators. As to what specific event to reference, frequent readers do not need our prompting, however a good example which if nothing else, needs clarification, is the major odd /ES ramp up on no news two nights ago, ahead of the atrocious claims number, which was covered extensively by Karl Denninger at Market Ticker.ZERO I'm not trying to be naive or stupid or contrarian or anything. But what evidence is there that the overnight futures contract activity in question was "market manipulation," let alone "major market manipulation." Link to comment Share on other sites More sharing options...
T_Slim Posted June 27, 2009 Report Share Posted June 27, 2009 few care about volume, BUTT was massive and interesting today...using the NYSE as it's a broad no one watches much note the high vol before the plunge day, then it was exceeded today...BUTT range was small, price couldn't make it back to the high of the high vol day, OR hold above the close(high) of yest. I care. Looks like a sign of weakness to me. They are all setting up to roll over (stocks, oil, gold, silver, and the currencies). I'm sitting with my sniper rifle waiting on the market to show me . . . Mid to late July or August, won't be surprised if the poop hits the fan AGAIN. Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 27, 2009 Report Share Posted June 27, 2009 LMAO... I just read the Rolling Stone article after making my post above....Bubble #6 Global Warming...not everyone is brain dead after all.... Link to comment Share on other sites More sharing options...
BusKow Posted June 27, 2009 Report Share Posted June 27, 2009 short term sigs gained about as much as yest., didn't hold the long term, composite inched up a little Link to comment Share on other sites More sharing options...
nuevastool Posted June 27, 2009 Report Share Posted June 27, 2009 it caused me to drink,, and i very rarely drink like massive depression set upon me, ruthless hopelessness, just me i reckon kman. maybe we can trade the biatch,, i don't know, but i do know it's past due for the pitchforks to leave the shed. song for the banksters in their present form Link to comment Share on other sites More sharing options...
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