Panem et Circenses is latin for “Bread and Circuses” (or bread and
games). Pretty good place to start, considering a peculiar situation with grains and latest legislation about online gaming. Play legal poker online, while high on legal pot and who cares how expensive munchies are…
Grain etf JJG seems the way to go, with Soy and Corn looking really good this morning.There is SOYB and CORN, but they are less liquid. Use limit orders and mental stops if you must.
MGAM for online gaming.
Do you know any other stocks for online poker etc. – I didn’t have time to search
We’re on the brink of a sell signal based on Gerald Appels New High to New Low ratio which I recently rediscovered….(thought it was based on BP index achieving certain thresholds). Technically the sell signal has occurred but the current readings are still right on the borderline of a sell signal trigger.
Basically, the indicator works as follows: When new highs have risen to a greater than 90% reading on a 10 day average of New Highs to New Lows and then drops below 80% then a sell signal is issued. We’ve been slightly below 80% the last few days but since new highs have plummeted from over 700 to about 62 yesterday, some very low ratios will be coming off the 10 day average over the next few days.
I am using stockcharts data as well. There does seem to be some discrepency between their data and other outlet’s data.
We’ve got a pattern match to April 29,2010 on the RSI for the SP today. And with a certain little indicator which didn’t even make it back to the O line today.
CHOP CHOP CHOP and then KERPLOP!!!
Dow new high unconfirmed by all the indices today with less than 200 new NYSE highs.
May 2, 2010 saw the Transports go to new highs intraday unconfirmed by any other index. Maybe transports do the same thing tomorrow and put in another RSI divergence.
Crude oil hardly moved today as did the euro. Hardly commensurate to the move in the Dow.
And the Bernanke bullishxxxt testimony influence over the markets is now over.
I had many numerological hits for tomorrow. So I need to review them. Then there was this one from several weeks ago:
3 9>>>>11/28….11/27 or something to that effect.
And why does the pope resign on the 28th at 8pm??? Definitely an occultist.
Thanks Red, I shorted heavily into the Feb 25th. Sold half my position at the end of the day. Sold the other half on the 26th, I was hoping for some follow thru to the down side yesterday morning. Went long this morning sp 1507 area.
Isn’t it already? 🙂
When the great recession becomes the great depression you bet that gambling, drinking and taking drugs will become even more popular.
Panem et Circenses is latin for “Bread and Circuses” (or bread and
games). Pretty good place to start, considering a peculiar situation with grains and latest legislation about online gaming. Play legal poker online, while high on legal pot and who cares how expensive munchies are…
Grain etf JJG seems the way to go, with Soy and Corn looking really good this morning.There is SOYB and CORN, but they are less liquid. Use limit orders and mental stops if you must.
MGAM for online gaming.
Do you know any other stocks for online poker etc. – I didn’t have time to search
IWM Chart analysis: http://niftychartsandpatterns.blogspot.in/2013/02/iwm-chart-analysis.html
S&P 500 Analysis after closing bell: http://niftychartsandpatterns.blogspot.in/2013/02/s-500-analysis-after-closing-bell_28.html
I plan on getting short tomorrow morning. I do not believe we will reach new highs any time soon.
We’re on the brink of a sell signal based on Gerald Appels New High to New Low ratio which I recently rediscovered….(thought it was based on BP index achieving certain thresholds). Technically the sell signal has occurred but the current readings are still right on the borderline of a sell signal trigger.
Basically, the indicator works as follows: When new highs have risen to a greater than 90% reading on a 10 day average of New Highs to New Lows and then drops below 80% then a sell signal is issued. We’ve been slightly below 80% the last few days but since new highs have plummeted from over 700 to about 62 yesterday, some very low ratios will be coming off the 10 day average over the next few days.
I am using stockcharts data as well. There does seem to be some discrepency between their data and other outlet’s data.
We’ve got a pattern match to April 29,2010 on the RSI for the SP today. And with a certain little indicator which didn’t even make it back to the O line today.
CHOP CHOP CHOP and then KERPLOP!!!
Dow new high unconfirmed by all the indices today with less than 200 new NYSE highs.
May 2, 2010 saw the Transports go to new highs intraday unconfirmed by any other index. Maybe transports do the same thing tomorrow and put in another RSI divergence.
Crude oil hardly moved today as did the euro. Hardly commensurate to the move in the Dow.
And the Bernanke bullishxxxt testimony influence over the markets is now over.
I had many numerological hits for tomorrow. So I need to review them. Then there was this one from several weeks ago:
3 9>>>>11/28….11/27 or something to that effect.
And why does the pope resign on the 28th at 8pm??? Definitely an occultist.
Sold out my shorts. Waiting in cash.
Thanks Red, I shorted heavily into the Feb 25th. Sold half my position at the end of the day. Sold the other half on the 26th, I was hoping for some follow thru to the down side yesterday morning. Went long this morning sp 1507 area.