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IDS World Markets Tues 27th October 09


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Its amazing what the pigmen are doining with YRCW. Just take a look at the chart. of course, YRCW is a component of DJTA so they keeppumping the YRCW so the DJTA doesnt fall. amazing - manipulation everywhere, same stories in Poland - they keep pumping one stock to not let some indices to cross a specific level. I thought that this is domain of emerging market...

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Well, it played out according to the morning forecast, which saw that cycle juxtaposition would result in sideways churning all day. I think that the signs of a crash that came later will come to fruition as well, just not today, obviously.

 

Right now the 5 day cycle is in an up phase, 2 day is in a down phase, and 5 hr is either in a very weak up, or topping out. The 5 day cycle could mitigate against a crash for the next couple of days, but if it fails early, it should be a catastrophic failure.

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Its amazing what the pigmen are doining with YRCW. Just take a look at the chart. of course, YRCW is a component of DJTA so they keeppumping the YRCW so the DJTA doesnt fall. amazing - manipulation everywhere, same stories in Poland - they keep pumping one stock to not let some indices to cross a specific level. I thought that this is domain of emerging market...

 

Speaking of 15 min Back tests.....

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Spent the last 2 days "de-risking" my fartfolio...well over 150 individual trades

 

I'm gonna try something new, taking my own advice, and leaving the casino (from being on the long side) now that 10,000 has been loved long time by CNBC et. al. and it hasn't been able to catapult forward

 

If 12/31/09 was tomorrow I would be very very happy.....as there would be no chance of me doing something stoopid in the next couple of months

 

I kept a few dingle berries that are low risk and sitting at even or a slight loss

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