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The battle for 10k rages on


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Posted
It's always a matter of Time ...

 

And only Time will Tell

 

 

I kept waiting for the Jam Jobs this afternoon butt nothin' happened. Volume was anemic. Wonder what gives :wacko: :wacko: :wacko:

The storm MAY have caused some volume issues today.I could not even get bids for my bonds today because most of the bond desks were closed from the snow storm.

Posted

Perhaps this is why big cap bonds are breaking down.

 

China Dumps US Asset Backeds and Corporates

February 9th, 2010

By David Goldman Dollar-denominated risk assets, including asset-backed securities and corporates, are no longer wanted at the State Administration of Foreign Exchange (SAFE), nor at China’s large commercial banks. The Chinese government has ordered its reserve managers to divest itself of riskier securities and hold only Treasuries and US agency debt with an implicit or explicit government guarantee. This already has been communicated to American securities dealers, according to market participants with direct knowledge of the events.

Asia times blog

 

jshotp.jpg

Posted

Monthly indicator picture looks like autumn 2003.

 

10&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=5326&mocktick=1

 

Closer in, looks like SPX is probing for a bottom here. Check out the 4 month cyclicity in the slow stos.

 

10&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=158&mocktick=1

 

If that is the case, still think it takes until at least mid-March, after another month of ping pong and slipping downwards and generally assing around.

 

After that bottom, if we break the recent highs, I'd expect we run to 1220 or so before getting clotheslined on the daily 900.

 

On the nuther hand, the market and general geopolitical situation feels pretty panicky. Like everyone in the theater is looking at each other and trying to decide if the other guy decided he smelled smoke. That could get a good little diarrhea market going.

Posted

jickiss is back!

 

 

 

jickiss is back!

 

 

and,

 

until it matters not, All that Matters is the USDX.

 

thimk!

 

If you ran Mercedes B. you want a LOWER EURO.

If you run GM, you want a Lower Doolar.

 

etc, etc, ...

 

If you are a Greek High School Teacher, all you want is to retire at 50 on 30,000 Euro per year.

If you are a Kali or PA or NJ School Teacher, all you want is to retire at 50 on $70,000 per year.

 

Since little production of items to sell takes place now in Greece or Kali, PA, NJ, etc, the question is just when does the printing of money to pay all the drones take place?

 

or will the drones be forced to take less monie than they expect to be paid, as in a Kali School Teacher being forced to work for, let's say, $25,000 per school year, which is really Fiftay, adjusted for the so called private suctor terms.

 

Everything else is just BS or frontrunning or can kicking.

 

of course, the elimination of populations works, without getting into the above print or have austerity discussion.

 

anyway, the daily Secret jickiss doolar-Gold Indicator worked again today. You look it up, to see.

 

Instead, your jickiss now shows the Weekly Secret jickiss doolar-Gold Indicator. The break above or Below the key triangular lines of compression now moving toward the coming Point of Inflection will rock the world, and it will determine the shapes of your futures.

 

Thimk!

 

ps. you know, it would be cool to get 30 thousand Euro and sail on the Blue Seas of the Agean for a few years, being, let's say, 51 years old....Some have good deals, some get the sharp stick in the eye.

 

Quo Vadis?

post-1911-1265839446_thumb.png

Posted

jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear Doc,

 

Philly is shut down by this storm, still storming full blast. Sure-kill Expressway and da Blue Route are Closed by goobenor edict. Philly Mayor trying to decide if Philly offices of goobermint will be shut tomorrow, for the second day.

 

very very deep snow now all around Philly, and the winds would turn you head around.

 

Signs?

Posted

jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

to your jickiss the fiber nachos on da Euro Trash Item call for a rally at this point, or a drop into some abyss.

 

the item was born, by the way at 1.1776 incase you all forgot.

 

really.

post-1911-1265840578_thumb.png

Posted

jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear Doc,

 

the Tee Vee just indicated that the National Guard has taken over the entrances to the Sure Kill Expressway and the Blue Routes armed with ______ weapons, to stop motorists who might thimk that they can just drive on to these roads, same being closed FOR REAL NO JOKE.

 

interesting.....

Posted

Oddly enough, in our part of Quebec where we've had total accumulations of snow of about 12 feet each of the last two years, there's been very little snow, and temperatures have been much warmer than usual. And in Florida, we are freezing our asses off. Temps won't be above 68% for the next 5 days, and night time will be in the 40s.

Posted

Chart via the Financial Times, via David Rosenberg, via Zero Hedge.

 

Not only do we have a new economic indicator to chew on but we have a new market barometer to gauge as well. The ever-reliable ‘The Short View’ column in the FT (page 15) runs with a new metric to look at — the copper/gold ratio. The copper price reflects global economic activity and gold reflects financial stability. Indeed, we checked it out and the ratio does have a 95% correlation with movements in the stock market.

 

http://www.zerohedge.com/article/rosenberg...nd-other-things

post-441-1265842130_thumb.jpg

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