Note: New Years’ Day (January 1) in 2011 falls on a Saturday. The rules of the applicable exchanges state that when a holiday falls on a Saturday, it’s observed the preceding Friday unless the Friday is the end of a monthly or yearly accounting period. In this case, Friday, December 31, 2010 is the end of both a monthly and yearly accounting period; therefore the exchanges will be open that day and the following Monday.
The difference between 69 and 41 years is 230months. Still don’t understand the fascination for the year 1969 since it wasn’t a great crash year unless the insiders are highlighting the 69 number.
All bonds look to have started down again today. Euro with a massive red reversal bar and the yen with a massive black bar. (yen the funding currency has been rallying the past 1+week which explains possibly these other markets flatlining). Tomorrow the malefic planets Mars and Saturn square each other both being in the cardinal signs. (Read Merriman for a synopsis although he writes Mars translating the Cardinal Climax experience from earlier in the year–July to September ends tomorrow—whatever that means and all danger should be over—-don’t understand how he gets that). Apple with the smallest range doji I have seen on its chart while Dow Ndx SP look to be putting in classic topping pattersns—doji followed by small down day followed by another doji or in SP’s case small hanging man. SP closed at an interesting #—12(58)…Dow at 11575 (127 hours????5days 7hours????)….There was a Christmas crash in either December or January 1773 ie (23)7 years ago in London which in my opinion (the bursting of the bubble) precipitated the events and conditions that led to the American revolution but the information on this crash is so scarce it’s hard to use it as a cycle. Boston Tea Party was 12-16-1773. Don’t know if this caused the crash or was a result of it. 73 and 37 crash numbers considering there is almost always a severe bear market in years that end in these numbers. Of course we’re 703 years from a crucial historical event which could be construed as the first great modern financial panic.
The PRS 177 has been one of the strongest things that “still works” as the HAL 20000’s take over the trading world.
Look at the OTIS GAP on the dollar yesterday. Huh? People going to flock into Yuan and throw the dollar under the bus? Maybe only as a shake out prior to a dollar run up.
The more things change the more they stay the same. With a few geopolitical tensions and currency wars, it seems obvious to me that a flight to big daddy Dollar will occur. Look at today’s move up, correcting the gap down. OTIS, but it is the market we are given, you choose to participate or not.
Check DNN for a breakout.
Sure it’s tough to buy the dollar after this impulsive move up…..that is a tough trade to take, think about it.
Last day of the month is always a down day—shorting Thursday, going into Fri
Note: New Years’ Day (January 1) in 2011 falls on a Saturday. The rules of the applicable exchanges state that when a holiday falls on a Saturday, it’s observed the preceding Friday unless the Friday is the end of a monthly or yearly accounting period. In this case, Friday, December 31, 2010 is the end of both a monthly and yearly accounting period; therefore the exchanges will be open that day and the following Monday.
The difference between 69 and 41 years is 230months. Still don’t understand the fascination for the year 1969 since it wasn’t a great crash year unless the insiders are highlighting the 69 number.
All bonds look to have started down again today. Euro with a massive red reversal bar and the yen with a massive black bar. (yen the funding currency has been rallying the past 1+week which explains possibly these other markets flatlining). Tomorrow the malefic planets Mars and Saturn square each other both being in the cardinal signs. (Read Merriman for a synopsis although he writes Mars translating the Cardinal Climax experience from earlier in the year–July to September ends tomorrow—whatever that means and all danger should be over—-don’t understand how he gets that). Apple with the smallest range doji I have seen on its chart while Dow Ndx SP look to be putting in classic topping pattersns—doji followed by small down day followed by another doji or in SP’s case small hanging man. SP closed at an interesting #—12(58)…Dow at 11575 (127 hours????5days 7hours????)….There was a Christmas crash in either December or January 1773 ie (23)7 years ago in London which in my opinion (the bursting of the bubble) precipitated the events and conditions that led to the American revolution but the information on this crash is so scarce it’s hard to use it as a cycle. Boston Tea Party was 12-16-1773. Don’t know if this caused the crash or was a result of it. 73 and 37 crash numbers considering there is almost always a severe bear market in years that end in these numbers. Of course we’re 703 years from a crucial historical event which could be construed as the first great modern financial panic.
Just waiting for the mower…
Smart move, as it’s going straight up today.
Looks like Silver is going to follow the trend I wrote about on Sunday.
GRATS to those who purchased Silver or Gold calls.
Today has been my best trading day of the year!
Truly an exciting day! The grass really does grow… if you stare at it long enough.
The PRS 177 has been one of the strongest things that “still works” as the HAL 20000’s take over the trading world.
Look at the OTIS GAP on the dollar yesterday. Huh? People going to flock into Yuan and throw the dollar under the bus? Maybe only as a shake out prior to a dollar run up.
The more things change the more they stay the same. With a few geopolitical tensions and currency wars, it seems obvious to me that a flight to big daddy Dollar will occur. Look at today’s move up, correcting the gap down. OTIS, but it is the market we are given, you choose to participate or not.
Check DNN for a breakout.
Sure it’s tough to buy the dollar after this impulsive move up…..that is a tough trade to take, think about it.
http://oahutrading.blogspot.com/
thanks for the insight red,
much appreciated!