Hazy harbingers

[aussiebear]

Depressed action from the early openers: Kiwis and Aussies -0.5%, Nikkers -0.6% and Sth Korea -0.4%.

 

Aussie sectors are mixed ranging from Gold -1.1% to REITS +0.4%.

 

 

 

 

[aussiebear]

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet....ase_metals.html

 

 

http://finance.yahoo.com/

[aussiebear]

 

 

Found in Namso, Tibet.

[aussiebear]

the impact of technology...

 

http://www.independent.ie/business/technology/50-things-killed-by-technology-call-boxes-handwriting-2960765.html

 

TOP 50 THINGS WE DON'T DO ANY MORE

 

1. Ring the cinema to find out times 2. Going into the travel agents to research a holiday 3. Record things using VHS 4. Dial directory enquiries 5. Use public telephones 6. Book tickets for events over the phone 7. Print photos 8. Put a classified ad in the shop window 9. Ring the speaking clock 10. Carry portable CD players 11. Write handwritten letters 12. Buy disposable cameras 13. Take plenty of change for pay phones 14. Make mix tapes 15. Pay bills at the post office 16. Use an address book 17. Check a map before or during car journey 18. Reverse charges in payphones 19. Go into the bank or building society to conduct your business 20. Buy TV listings 21. Own an encyclopaedia 22. Queue to get car tax in Post Office 23. Develop and send off for photographs 24. Read a hard copy of the Yellow Pages 25. Look up something in dictionary 26. Remember phone numbers/ Have a phone book 27. Watch videos 28. Have pen friends 29. Use a telephone directory 30. Use pagers 31. Fax things 32. Buy CD's/ Have a CD collection 33. Pay by cheque 34. Make photo albums 35. Watch programmes at the time they are shown 36. Dial 1471 when you get home 37. Warm milk or other hot drinks on stove 38. Try on lots of pairs of shoes on high street 39. Hand wash clothes 40. Advertise in trading papers 41. Send love letters 42. Hand-write essays / school work 43. Buy flowers from a florist 44. Work out how to spell something yourself 45. Keep a personal diary 46. Send post cards 47. Buy newspapers 48. Hang washing out in winter 49. Keep printed bills or bank statements 50. Visit car boot sales

 

Hmmm, well I still do #8, 15, 16, 17, 24, 25, 44, 48 and 49..

 

Interesting blast from the past though, thanks Lemur.

[aussiebear]

 

 

All Ords staged a mid session recovery to close flat. There were a number of green sectors of which Utilities +0.6% closed highest ranging down to Gold -1.3%.

 

Asia struggling: China and Honkers -0.2%, Nikkers -0.6% and India +0.4%.

 

 

On to UK/Europe:

 

 

 

 

 

 

 

 

[alceringa]

#1, #7, #8, #11, #16, #17, #21, #25, #31,#32, #33, #46, #47, #48, #49, #50

 

 

When you reach a certain age, there are some habits you just can't change and some technology that does not make sense.

[shorty]

oh my 1.3005

 

gimme a 1.2999 then watch taht next step itsa dooozy

 

1.1700

 

then 98.5000

[Lemur]

oh my 1.3005

 

gimme a 1.2999 then watch taht next step itsa dooozy

 

1.1700

 

then 98.5000

 

Suspect we get a bounce first. Wed is often a reversal day especially after big moves last two days.

[Lemur]

Suspect we get a bounce first. Wed is often a reversal day especially after big moves last two days.

 

Maybe not. Its acting weakly this morning. Nobody wants the euro. I guess we are in the end game. Well I am gald I have bullion.

[K Wave Rider]

Well...Crude did turn tail at the century mark...now just need it to take out that swing low around 98 to seal the deal fur bears ....

 

Looks like Goldman may have put in the call yesterday to the Iranian branch to get off that last big short...

[Lemur]

Well...Crude did turn tail at the century mark...now just need it to take out that swing low around 98 to seal the deal fur bears ....

 

Looks like Goldman may have put in the call yesterday to the Iranian branch to get off that last big short...

 

 

Eurusd took stops in both directions around those small bars on the 30 min (ala the expansion trade a lot of institutional traders use). Lets see if it holds above 1.300.

 

Gold showing signs of life.

 

Long both here with tight stops.

[K Wave Rider]

here's a bunch of pics showing where we are on a multi time frame look.

 

1, 2 6, 8, and 12 hour....

 

sitting right on hourly 500, and 2 hour 200 right in this area, so this will be the first big test to see if bears can push it thru.

 

Then just below that, some longer time frames come into play, with the just curling up 200, about to come back above the 900 on the 720 min chart... perhaps the most worrisome for bears from a swing timing perspective.

 

IF we do end up holding somewhere in this area, Madness 1300 is still a possibility in to year end / early next year for a big throwover above 1260, which would then generate massive sell signal when 1260 was reclaimed downside...similar to what happened with Euro at 1.40 recently.

 

IF we blow thru downside with some power candles, then a rare December crash type move could happen, but it really would need to start pretty much today or tomorrow at the latest.

 

My guess is we don't crash in the seasonally very strong last 2 weeks of December...but with the world as outta whack as it is right now...who knows, we might see the Black Swan that only a "whacko" would be looking for.

 

So be careful out there, this area may require some nimbleness...

 

 

 

 

 

 

 

[zero_value]

Eurusd took stops in both directions around those small bars on the 30 min (ala the expansion trade a lot of institutional traders use). Lets see if it holds above 1.300.

 

Gold showing signs of life.

 

Long both here with tight stops.

 

Short from yesterday @99.75 moved stop from @101 to trailing @99.26.

Long TZA average 29.00 looking for break above 33 thinking about closing at 35? not sure might place a trailing stop.

[K Wave Rider]

Here's the same pretty pics on the NQ.

 

As you can see we are pretty much at the singularity out to 480 min...and a good solid breach of 2240 area might be first sign of something very wrong with the NAZ, which could very well lead a bear jailbreak...