Scrappy scribble

[aussiebear]

Looks like up for the early openers: Kiwis +0.3%, Aussies +0.2%, Nikkers +0.3% and Sth Korea +0.7%.

 

In Aussie sectors, Gold has reversed, +1% and the only down sector is Healthcare -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]

 

 

http://www.engrish.com/2010/10/music-is-a-double-edged-sword/

[DrStool]

 

Do bears do their business in the woods, or on The Street?

 

[Goldmember]

I think we ought to sell all effin day on Friday and into Monday morning. Sell the crap out of it and make the monster up-phase to follow after Monday next week more healthy and enduring in the dong run.

 

...sellin! Lots of it quick! All day shrot!

[Goldmember]

I bought SPY May puts when then the cash index was at 1401ish in the last hour today. It seemed...logical.

[Goldmember]

One of many Fibos

[aussiebear]

 

 

Pretty much a repeat of yesterday with All Ords closing -0.3%. Most sectors slid into the red, albeit marginally, with Materials and Healthcare down the most, -0.6%. Utilities +0.7%, IT +0.6% and Gold +0.5% were the only gainers.

 

Asia fluttery: Chna -0.1%, Honkers +0.2%, India +0.3% and Nikkers -0.5%.

 

 

On to UK/Europe:

 

 

 

 

 

 

 

 

[Jetlag]

...

It's psy-ops war out there, I tell ya. But I got ZH's number. I know their soft spots and their weaknesses. Hit em in their big fat jackass egos with the truth every so often and they crumple. They just can't handle it. The truth. Powerful stuff. Hard to find, but it's out there if you really care to dig for it.

 

That's not a fair fight. Pick on someone with your own intellectual size.

[Jetlag]

The establishment must be worried about gold:

 

http://www.reuters.com/video/2012/04/26/reuters-tv-will-a-gold-bar-buy-a-case-of-beer-felix?videoId=234027919&videoChannel=117757

 

Mining trillions in gold from space rocks? I call BS.

http://www.businessweek.com/articles/2012-04-24/james-camerons-trillion-dollar-question

[Trader Joe]

From today's Urinal...some snips

 

Stunned Home Buyers Find the Bidding Wars Are Back

...Still, the bidding wars caused by tight inventory provide the latest evidence that housing demand is starting to pick up after a six-year-long slump.

 

...Nearly 83% of offers that Redfin agents have made on behalf of clients in the San Francisco Bay area this year and 71% in Southern California have had competing bids.

 

...Inventories are declining for a number of reasons. Some sellers, unwilling to accept prices that are still down from their peak by one-third, are taking their homes off the market in anticipation of higher prices down the road. Meanwhile, investors have been outmaneuvering consumers for the best properties, often making cash offers that are quickly accepted by sellers.

 

...On the other side of those transactions are sellers like Debbie and Bill Wetherell, who had 17 offers in four days for their four-bedroom home in Danville, Calif. "I was floored. It was so fast, it was surreal," says Ms. Wetherell. The home sold on Wednesday for $796,000, more than $50,000 above the asking price.

 

______________

 

Trader Joe's 2-cents:

 

Back in 2000 30-year rates sure as hell weren't under 4.00%

 

If inventory continues to be subdued or falls further and rates stay near 4%, then LOOK-THE-F-OUT

 

In all likelihood, I would expect that if prices continue to move up the amount of inventory that gets pulled off the market in anticipation of higher prices will be offset by folks that have been waiting to sell and just want out...an uneasy equilibrium

[jp6]

Bullish above Ma ribbons bearish or more consolidation below it

 

Should see consolidation today after the huge run

[alceringa]

It's psy-ops war out there, I tell ya. But I got ZH's number. I know their soft spots and their weaknesses. Hit em in their big fat jackass egos with the truth every so often and they crumple. They just can't handle it. The truth. Powerful stuff. Hard to find, but it's out there if you really care to dig for it.

 

Video response

 

http://www.youtube.com/watch?v=tn1Qolv4ntQ

 

[Trader Joe]

May take a stab at MDRX after things calm down a bit

 

Looks a we bit overdone if you ask me

 

LottoBux position