The Clueless Q Trader

2012-01-29T06:12:00.000-07:00

Stock pick for 01/30/2012

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Monday Morning Outlook: Strength in Tech Could Force Shorts to Cover

2012-01-29T06:11:00.000-07:00

Socially Unacceptable Humour..

I was in bed with a blind girl last night and she said that I had the biggest 'member' she had ever laid her hands on. I said, "You're pulling my leg."

I saw a poor old lady fall over today on the ice!! At least I presume she was poor - she only had $1.20 in her purse.

My girlfriend thinks that I'm a stalker. Well, she's not exactly my girlfriend yet.

Went for my routine check-up today and everything seemed to be going fine until he stuck his index finger up my ass! Do you think I should change dentists?

A wife says to her husband - you're always pushing me around and talking behind my back. He says what do you expect? You're in a wheel chair.

I was explaining to my wife last night that when you die you get reincarnated but must come back as a different creature. She said she would like to come back as a cow. I said, "You're obviously not listening".

The wife has been missing a week now. Police said to prepare for the worst. So, I have been to the thrift shop to get all of her clothes back.

You can say lots of bad things about paedophiles but at least they drive slowly past schools.

A buddy of mine has just told me he's getting it on with his
girlfriend and her twin. I said "How can you tell them apart?" He said, "Her brother's got a moustache."

Just put a deposit down on a brand new Porsche and mentioned it on Facebook. I said, "I can't wait for the new 911 to arrive!" Next thing I know 4,000 Muslims have added me as a friend!!

Being a modest man, when I checked into my hotel on a recent trip, I said to the lady at the registration desk, "I hope the porn channel in my room is disabled." To which she replied, "No, it's regular people-porn, you sick bastard.”

The Red Cross have just knocked at our door and asked if we could help towards the floods in Pakistan. I said we would love to, but our garden hose only reaches the driveway.

2012-01-27T06:06:00.000-07:00

Stock pick for 01/27/2012

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2012-01-26T06:38:00.001-07:00

Stock pick for 01/26/2012

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Warning Signs That the Market is Topping
Buyers were lured in by a surprising Fed announcement, but this rally may have run its course. Get Sam Collins take.

2012-01-26T06:35:00.001-07:00

We have all had bad dates, especially 1st dates, but this takes the cake:

Jay Leno went into the audience to find the most embarrassing first date that a woman ever had. The winner described her worst first date experience. There was absolutely no question as to why her tale took the prize!

She said it was midwinter...snowing and quite cold... and a guy had taken her skiing in the mountains outside Salt Lake City, Utah. It was their 1st date.

The outing was fun but relatively uneventful until they were headed home late that afternoon.
They were driving back down the mountain, when she began to realize that she should not have had that extra latte!!! They were in the middle of nowhere, about an hour away from anywhere with a rest roo! Her companion suggested she try to hold it, which she did for a while. Unfortunately, because of the heavy snow and slow going, there came a point here she told him that he had better stop and let her go beside the road, or it would be the front seat of his car.

They stopped and she quickly crawled out beside the car, yanked her pants down and started. In the deep snow she didn't have good footing, so she let her butt rest against the rear fender to steady herself. Her companion stood on the side of the car watching for traffic and indeed was a real gentleman and refrained from peeking. All she could think about was the relief she felt despite the rather embarrassing nature of the situation.

Upon finishing however, she soon became aware of another sensation. As she bent to pull up her pants, the young lady discovered her buttocks were firmly glued against the car's fender. Thoughts of tongues frozen to poles immediately came to mind as she attempted to disengage her flesh from the icy metal.. It was quickly apparent that she had a brand new problem, due to the extreme cold.
Horrified by her plight and yet aware of the humor of the moment, she answered her date's concerns about' what is taking so long' with a reply that indeed, she was 'freezing her butt off' and in need of some assistance! He came around the car as she tried to cover herself with her sweater. Despite the gentleman that he was, as he perceived the situation & the imploring look in her eyes, he burst out laughing. She too got the giggles.

When they finally managed to compose themselves, they assessed her dilemma. Obviously, as hysterical as the situation was, they also were faced with a real problem. Both agreed it would take something warm to free her chilly cheeks from the grip of the icy metal! Thinking about what had gotten her into the predicament in the first place, both quickly realized that there was only one way to get her free. So, as she looked the other way, her first-time date proceeded to unzip his pants and pee her butt off the fender.
As the audience screamed in laughter, she took the Tonight Show prize hands down. Or perhaps that should be 'pants down'. And you thought your first date was embarrassing. Jay Leno's comment.... 'This gives a whole new meaning to being pissed off.'

Oh and how did the first date turn out? He became her husband and was sitting next to her on the Leno show.

2012-01-25T06:41:00.004-07:00

Stock pick for 01/25/2012

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When to Start Buying Stocks Again
The major indices have reached significant resistance and are likely to head back toward their respective support lines.Get Sam Collins take on the markets.

2012-01-25T00:54:00.001-07:00

The top two charts are from Bespoke yesterday, about the continuing declines in the earnings, "Beats", Weak Earnings, and I doodled some lines on the SPY chart at the bottom, just to show how how, as Crudlow says, "Earnings are the Mother's milk of stock market returns", as in, NOT!
The colored lines on the top two charts are supposed to, basically, line up with the time frames of the same color on the SPY chart. As I suspected, FUNNYMENTALS, don't mean a DAMN THING when it comes to returns in the, quote, "MARKETS"! Ok, so that's a little, aaaaaaahhhhhhh, debatable, but let's see, hhhhmmmmmmm:
From Q4 of 2000 to Q4 of 2003, companies were absolutely BLOWING the fricking top line and bottom line away, beating "estimates" like crazy, and what that gave us was the first part of the secular BEAR market, at the first green line on the left side.
From Q4 of 03' into Q3 of 05', the beats on earnings were basically flat with the beats in Q4 of 03', at the orange line, the market went higher, and then at the purple line, the beats took a dramatic drop into Q4 of 07', and all the market did, was go to ALL TIME HIGHS!!!! Also, from that same Q4 of 03', revenues dropped almost the entire time, other than a slight increase in the last quarter of 07'.
At the next black and then a green line, it actually made some sense, as earnings and especially revenue beats dropped, with the markets, from that 07' top into Q4 of 08', and then at the green line they blasted higher out of that 08' bottom into Q4 of 09'.
Soooooooooooooo, here we sit, with both revenues and earning beats continuing to drop from that Q4 09' top, while the markets have continued to go higher, I mean, hhhhhhhmmmmmm, I'm probably WRONG, as I usually am, but it sure looks similar to the orange and purple lines into the 07' top, when the markets were going higher, ignoring the weaker earnings and revenue beats.
Sigh, wad ever, the only good part about this, is that some where down the road, we shall see, what we shall see.

I'm certainly NOT going to "bet" on it, but with the blow our AAPL earnings last night, and 10% jump in the after hours, and a "traditional" higher open on FOMC days, I'm wondering if this might not be a suck'em in temporary top of some sort, much like the Osama gap of last spring. .

2012-01-25T00:35:00.000-07:00

THE ALL TIME NURSING HOME TALENT WINNER!!!!!

2012-01-24T07:21:00.001-07:00

Toni Hansen Cautions the Pollyana Bulls

Caution: Correction May be Around the Corner
The internal and sentiment indicators are negative, and the drop in momentum is unsettling. Get Sam Collins take.

Ivica has not posted any thing this morning, and I know why, he thinks the risk of a Market whip saw is to great, AND I AGREE!
Wad ever, have fun out there in La La Land.

Larry the Cable Guy

" In God We Trust"

Even after the Super Bowl victory of the New Orleans Saints, I have noticed a large number of people implying, with bad jokes, that Cajuns aren't smart. I would like to state for the record that I disagree with that assessment. Anybody that would build a city 5 ft.below sea level in a hurricane zone and fill it with Democrats is a damn genius.

2012-01-23T06:56:00.000-07:00

Stock pick for 01/23/2012

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2012-01-21T12:24:00.001-07:00

First off, a "personal" note, I haven't been posting because, frankly, there's just nothing to say, and since I've sworn off of bringing up lousy NEGATIVE items so often, I've spent most of my time just biting my tongue, and as such I have a HUGE bandage on it, and thus, I can't say any thing any way!! I continue to be long, although not particularly STRONG, I'm still in the remainder of my AA, although hedged, and I'm playing weekly call spreads, mostly on the IWM, and mainly to limit my "risk", although in most of my reading I hardly find the term "RISK" mentioned. The AAII bearish sentiment was at practically record lows the week before, but jumped 6 points this week, so maybe Da Boyz have a little ammo to continue to grind us higher, who knows.

Anyway, if I WAS to say some thing, I'd say some thing like I HATE that pattern since mid December, hahahaha, pretty UUUUUGILLY, gap UP, consolidate, gap UP, consolidate, etc etc etc, I, SUPPOSE, they can continue to do this Ad Nauseam, wad ever. It's obvious the, quote, "INDICATORS", are over bought, but they can still that way for infinity. It's kind of funny how every one seems to have been so bullish, and yet we are just now attempting the first Golden Cross since the Death Cross last August, I hope we haven't burned our selves out just getting to this point.

ANYWAY:

The, MAIN MEN, the A/D's, look faaaaaaaantasic!!! They've broken way over the highs of last May, so they are still a "leading" indicator. They aren't even CLOSE to a sell, we'd have to get some type of pattern like we got in last July, where the markets double topped while the $NYAD was making a MUCH lower high.

The "STOCKS ABOVE "X" MA" are sending mixed signals, the short term MA's are all getting over bought, like the 20 and 50 day MA's, the top chart shows how when the stocks above the 50 DMA get above 80% we, CAN, get a pull back. BUT, the stocks above the 200 DMA, in the bottom chart, are not even CLOSE to getting over bought, so I suppose we could, like, get a little pull back, that's a buying opportunity, and then blast off higher.

The daily Summation Index is on a BUY signal, I use either the 10MA or a PSAR signal, or both, wad ever, they both work about equally well, and they have both been on a buy since Mid December.

The weekly $NYSI is on a STOCH buy, again since Mid December, and has finally taken out that ENORMOUS divergence it's been having since the 2009 highs, so it looks much better, although the NEXT signal will be a sell.

The RED boxes in these two charts are basically the "earnings seasons" over the last two years, as you can see every single one of them resulted in a PULL BACK after they finished, it was just a matter of trying to figure how far they would pump us higher before the beatings started again.

The single most reliable trading "System" for LONG TERM investors, that being a simple 12 MA on a monthly chart, is back on a BUY signal. Prior to the August fiasco that was only the SECOND time in the last 25 years that it's had a whip saw, in the green circles, the other being in 1998 before the final blast off into the 2000 top. I find it a little more than disconcerting that we went 16 years with only ONE whip saw, and now we've had TWO of them in just over a year, disconcerting indeed, but HEY, like Alfred E. Newman said, NOT TO WORRY, it's gotta be one of those Black Swan or Fat Tail events that will never, I mean, NEVER, happen in our life times again.

I guess, because of the August fiasco, the "EQUAL MOVE" scenario off the 2009 bottom to the April 2010 top and then from the July 2010 low that pointed directly to the all time highs made in 2007, is "probably" negated, and instead, we have a "NEW" Equal Move scenario that is made up of the 2010 lows to the 2011 highs, and then the new leg starts at the October lows and points to the highs made in May of 2008 around $144.

This is all subject to massive changes of course. One little item is that if we FAIL to get over the May 2011 highs, and turn down ahead of that point, we, COULD, be setting up a massive sloping Head and Shoulders, but, that's a story for another time, like "IF" or "WHEN" it starts to happen.

For those that can't figure it out, here's a chart of what I see. This is just pure SPECULATION, of course, and it would take a dump through that lower trend line to remotely confirm the pattern, which, of course, we aren't not CLOSE to doing. I only bring it up because, welp, you just neeeeeeeeeeever know.

2012-01-19T06:47:00.003-07:00

Stock pick for 01/19/2012

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Dear traders,
I like to note that I can't be in the room next week at Thursday 19th and Friday 20th January. I must go on trip and I will send watch list for Thursday for sure (hope market will give us that opportunity), but I'm not sure that will be for Friday. From time to time I have that situation and because of that I dont want use any winter vacation. I really hope that won't be big problem and I hope you all will understand that
Thanks for understanding
Kind regards
Ivica

Can Bulls Break the Next Bearish Barrier?
One of the most significant resistance lines sits just 12 points above the S&P 500's close. Get Sam Collins take here.

2012-01-19T06:39:00.001-07:00

English Hospitality

An American tourist in London wanders around , seeing the sights and occasionally stopping at some small pub to have a pint of beer. After a while, he finds himself in a very nice neighbourhood with stately residences. No pubs, no restaurants, and worst of all no public restrooms. However, he really has to pee, after all those pints of beer. He finds a narrow side street, with high walls surrounding the adjacent buildings and decides to use the wall to solve his problem.

He is tapped on the shoulder by a London Bobby, who says, "Sir, you simply cannot do that here."

"I'm very sorry, officer," replies the American, "but I really have to pee, and I just can't find a public restroom."

"Just follow me" says the Bobby. Then he leads the American to a back delivery alley to a gate, which he opens. "In there," points the Bobby, "whiz away sir, anywhere you like."

The fellow enters and finds himself in the most beautiful garden he has ever seen. Manicured grass lawns, big fountains, sculptured hedges, and huge beds of flowers.
He relieves himself immediately. As he goes back through the gate, he says to the Bobby "That was really nice of you. Is that what you call English hospitality? "

"No sir...” replied the Bobby, "that is what we call the American Embassy."

2012-01-18T06:30:00.003-07:00

Stock pick for 01/18/2012

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The Real Dow Number to Worry About
The December low is much more important than the oft-cited 'January Barometer.' Get Sam Collins take on the markets.
Charts Say 'Be Long or Be Wrong'
The market continues to ignore bad news and give off positive technical signals

World Bank warns of global growth slowdown

2012-01-18T06:30:00.000-07:00

FOLLOW YOUR DREAMS!
Except that one where you're naked in church.
Sometimes too much to drink isn't enough.

Kinky is using a feather.
Perverted is using the whole chicken.

Heaven is Where:
The Police are British,
The Chefs are Italian,
The Mechanics are German,
The Lovers are French
And
It's all organized by the Swiss.

Hell is Where:
The Police are German,
The Chefs are British,
The Mechanics are French,
The Lovers are Swiss
And
It's all organized by the Italians.

Suicidal twin kills sister by mistake!

My short-term memory is not as sharp as it used to be.
Also, my short-term memory's not as sharp as it used to be.

In just two days from now,
Tomorrow will be yesterday.

A bartender is just a pharmacist
With a limited inventory.

The statement below is true.
The statement above is false.

I may be schizophrenic,
But at least I have each other.

I am a Nobody.
Nobody is Perfect.
Therefore I am Perfect.

Tasmania:
Five million people,
Fifteen last names.

I'm not your type.
I'm not inflatable.

Dyslexics Have More Nuf.

I LOVE COOKING WITH WINE
Sometimes I even put it in the food.

Other than that, Mrs. Lincoln,
How was the play?

When you work here,
You can name your own salary.
I named mine, "Fred".

Money isn't everything,
But it sure keeps the kids in touch.

Reality is only an illusion
That occurs due to a lack of alcohol.

Red meat is not bad for you
Fuzzy green meat is bad for you.

I am having an out-of-money experience.

Don't sweat the petty things.
Don't pet the sweaty things.

Corduroy pillows are making headlines!

I want to die while asleep like my grandfather,
Not screaming in terror like the passengers in his car.

WHATEVER HITS THE FAN WILL
NOT BE DISTRIBUTED EVENLY.

I have kleptomania,
But when it gets bad,
I take something for it.

2012-01-16T11:00:00.003-07:00

Stock pick for 01/17/2012

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Just a late note, the futures have managed to claw their way back into positive territory above Fridays close, with Europe getting a nice pump, the DAX jumping 1.25%.
So Da Boyz, working their magic in the low volume futures markets, have laid the ground work for their mouth pieces to come flying out on Bubblevision tomorrow, exclaiming that THE MARKETS ARE CLIMBING THE WALL OF WORRY, WOOOOOO HOOOOOO!!!!!

Speaking of the WORLD WIDE ECONOMIC BOOM (I was, wasn't I??), I was wondering why another one of my favorite WILD THINGS was down pretty big on Friday, PCX, this is from the Motely Fool:

"What: Shares of Patriot Coal (NYSE: PCX ) are down 10% today after the company said it was cutting back production.

So What: Two of the company's production units and three contractor-operated mines are being shut down due to low demand for metallurgical coal. The company didn't specify how much production would be cut, only that low export levels are leading to the cuts.

Now What: Patriot Coal expects to bring production back online in the future, but no timetable was given. Slowing growth in China and increased production in Australia have led to the low demand, but management expects demand to come back once the global economy returns to a more normal growth pattern. Since no one knows when that will happen it's tough to say exactly what the effect will be for Patriot Coal."

LOW DEMAND??? NO TIME TABLE??? MORE NORMAL GROWTH PATTERN????? NO ONE KNOWS WHEN THAT WILL HAPPEN????

2012-01-16T07:47:00.008-07:00

Asia and the Aussie's were down pretty big today, with Europe basically flat as the DAX was the only one higher, our futures were down again this morning after being down last night.

The, "Markets", look "all right" to me, I mean, Yea, the "indicators" are over bought on a short term basis, and we are struggling to break out over the October highs, the DIA is the only major to do so, so far, I could probably make a case of a "failed" break out on the SPY, even though the ascending triangle is still in place, as we took out the $129.42 October high twice last week, but failed to hold it on Friday, leaving a possible Abandoned Baby, or Island reversal, on Friday, the IWM is also acting weird as we got to $76.92 on Thursday, just short of the $76.97 October high, before the Friday drop.. The troubling item on that chart is the HUGE divergence in the MFI between the October high and now, it appears NOBODY is buying this rising market, although that could change in an instant should "Da Boyz" and their Brethren the Hedge funds decide to make the retails chase it higher, before trapping them.

One item that's interesting is the table of "Stocks Above" the various moving averages, under the chart, the short term MA's are getting into over bought territory, although they don't really start to flash warning signs until they get into the 80-90% area, but the stocks above the 200 MA still has a LOOOOOOONG way to go before they get over bought. I suppose you could also look at this in a bad way as well, as it could be a NEGATIVE divergence, as who ever is moving us HIGHER is just using a few of the MEGA cap's to do it with, as the Major Indexes are generally "weighted", so they can give the illusion of moving higher even though a majority of the stock's are actually NOT moving higher.

Wad ever, we start getting deeper into earnings season this week, Schaeffer's, http://www.schaeffersresearch.com/, had some interesting stat's in their Monday Morning Outlook, as the Holiday SHORTENED MLK week has been REALLY NEGATIVE the last decade, plus it's an OPEX week, so we "may" pull back, which would probably be good as we would work off some of the over bought items.

GOOD STUFF:

The MAIN men, the $NYAD's, have powered above all the highs of the past year, and if they are a "leading" indicator, they, "INDICATE", higher prices ahead for the Indexes.

The McClellan, $NYMO, has been on a buy signal since late December, which is GOOD, but it would be nice if it would take out the November highs.

WEIRD STUFF:

The Index only Put/Call, the $CPCI, just collapsed on Friday, while the smartest people in the room, the OEX Option players, are continuing to pile into puts at a rate approaching the market highs of last April. Personally, I tend to lean toward the smart guys, although in that article from Schaeffer's they tried to make a case that this is actually GOOD, as it means the Big Boys, IE Da Boyz, are hedging their LONG positions, hahahahahahaha..............HAH! All you have to do is look at that bottom chart, and tell me that the OEX players DON'T buy puts as the market goes HIGHER, and SELL them as the market goes DOWN, come on, tell me they DON'T do that!!!!!!!

Somebody will have to explain to me, that with all the LOOOOOOOVE being shown the "Markets", BONDS are actually up MORE than the, quote, "MARKETS", since the start of the year!!! Come on, I'm waiting, some body clear my mind up about that!!!

The Baltic Dry Index is absolutely CRASHING!! This, of course, has to be because of the WORLD WIDE ECONOMIC BOOM, HAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!

Those Pollyana Bull's will immediately say, well, that's because of the over supply of ships in the container Shippers, well, then, with the WORLD WIDE ECONOMIC BOOM, I have to ask myself, WHY AREN'T THEY ORDERING EVEN MORE SHIPS????????!!!!!!!!!

Wad ever, good luck to you out there in La La Land this week, really, I sincerely mean that.

Speaking of the shippers (I was, wasn't I???), two of my wild little things, GNK and DSX, have actually held up during the recent collapse of the $BDI, GNK more so than DSX.

I'm kind of "interested", but not THAT interested. What would get me more interested, on a very short term basis, would be to see a FLUSH out, where the whole bunch gets some really bad news, and they take out the August lows with some HUGE volume, I might start sitting up in my chair at that point. On a longer term basis, the way these things become the buying opportunity of a LIFE TIME, is they do a long basing pattern, over a couple of years or some thing like that, and maybe set up a long saucer type of bottom, as they frustrate "investors" to no end. These things don't have a nice dividend like NMM does, 10% I believe, so it's not worth their time to hold them while they "WAIT", so they may stay with NMM, BUT, NMM kind of scares me, as their dividend rate is MORE than what their EPS is projected to be, which means it's unsustainable as far as I can tell, which means they may have to reduce it if the current WORLD WIDE ECONOMIC BOOM continues, which would result in a disastrous collapse of the stock price.

2012-01-16T07:47:00.000-07:00

Stock pick for 01/13/2012

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2012-01-13T00:37:00.001-07:00

2012 Election Test

See which candidate you are closest to.
You might be surprised!!!
Take the test. Interesting.
http://www.usatoday.com/news/politics/candidate-match-game

Well I'll be a Sum Bitch!!! Surprised the shit out of me to find out William F. Buckley was running?!!!!!!!

2012-01-12T07:01:00.001-07:00

HEY! Maybe the Zombies are going to wake up! The futures weeped down all night waiting on Euro news, and when the bond auctions went all right in Italy and Spain we blasted higher, as the "market" loved them borrowing tons of money so they can pay the interest on the untenable debt they already have.

Then, shock of shocks, the weekly employment claims jumped back to the dreaded 400,000 number, and even worse, the retail sales numbers came 75 stinking percent LESS than "expected", and we dumped back down to yesterday's highs.

Hopefully it will make for an interesting day for a change, good luck to you out there in La La Land.

What the Charts Say to Expect for the Next Few Months
The recent breakouts appear genuine, but that's not all they're saying. Get Sam Collins take on the markets.

World’s Biggest Zombies

By Bill Bonner | Baltimore, Maryland - | 01/09/12

Not much action at the end of last week… Gold closed the week over $1,600. Oil remained over $100. The show goes on! We are watching the destruction of an empire. All empires must go away sometime. They are natural things. And nature puts a time bomb in everything she creates. The US empire is…Read more…

One of my favorite little wild things had a break out yesterday, AKS. It's formed a sort of Inverted head and Shoulders over the last five months, since it's destruction last July, the break out over the neck line was on excellent volume, and in the little green circle it actually got it's first close over the zero line in the MFI since last April, hahahahaha!
There's a couple of ways I'm looking at this, one is you could use an "Equal Move" target, the two green lines, which points to about $11, or, you could use the depth of the H and S and add it to the neck line for a target of about $13. The single over riding thing I see is the green box, that's the HUGE Clear Air space, or VOID, that is left over from the dump, and provides virtually NO resistance back up to the gap fill around $15.50.

Of course, nothing goes straight up (or doooooooes it, hahahaha!), on a personal basis I would like to see it reach what ever level it's after, and then pull back and "test" the break out over the neck line, and, THEN, start heading higher. The problem of course, is that with that HUGE VOID over there on the left, I have nothing to trade off of, as far as trying to pick an intermediate area of resistance, IE, the stupid thing may just blast higher, and leave me behind. As such, I brought some March 11 calls just as a little gambling thing, in case it does continue to blast higher.
Good luck to you.

2012-01-12T00:11:00.001-07:00

Rodney Dangerfield One Liners:

My wife only has sex with me for a purpose. Last night she used me to time an egg.

It is tough to stay married. My wife kisses the dog on the lips, yet she won't drink from my glass!

Last night my wife met me at the front door. She was wearing a sexy negligee. The only trouble was, she was coming home.

A girl phoned me and said, 'Come on over. There's nobody home.' I went over. Nobody was home!

A hooker once told me she had a headache.

I went to a massage parlor. It was self-service.

If it weren't for pickpockets, I'd have no sex life at all.

I was making love to this girl and she started crying I said, 'Are you going to hate yourself in the morning?' She said, 'No, I hate myself now.'

I knew a girl so ugly that she was known as a two-bagger. That's when you put a bag over your head in case the bag over her head comes off.

I knew a girl so ugly... they use her in prisons to cure sex offenders.

My wife is such a bad cook, if we leave dental floss in the kitchen the roaches hang themselves.

I'm so ugly I stuck my head out the window and got arrested for mooning.

The other day I came home and a guy was jogging, naked. I asked him, 'Why?' He said, 'Because you came home early.'

My wife's such a bad cook, the dog begs for Alka-Seltzer.

I know I'm not sexy. When I put my underwear on I can hear the Fruit-of-the-Loom guys giggling.

My wife is such a bad cook, in my house we pray after the meal.

My wife likes to talk on the phone during sex. She called me from Chicago last night.

My family was so poor that if I hadn't been born a boy, I wouldn't have had anything to play with.

2012-01-11T06:38:00.000-07:00

Stock pick for 01/11/2012

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Long ideas

Short ideas

2012-01-11T00:32:00.004-07:00

HAHAHAHAHA.........HAH!!! NO SHIT GOMER:

Alabama Beats LSU In BCS National Championship That Draws Record Low Ratings

BUMMER MMAAAAAAAAAAAAAN

WHO IN THE HELL WANTS TO WATCH SOME STINKING GAME BETWEEN A CONFERENCE CHAMPION AND THE THIRD PLACE TEAM IN THE SAME CONFERENCE!!!!

OBVIOUSLY............................NO ONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!

WHEN RON PAUL THROWS THE FEDERAL RESERVE OUT, HE SHOULD THROW THE STINKING BCS OUT WITH THEM!!!!!!!!!!!!!!!!!!!!!!!

BCS EQUALS "BULLSHIT CONFERENCE SERIES"!!

I hope ESPN, the "EASTERN SPORTS PROGRAMING NETWORK", goes fricking BROKE!

I've actually been working with my NINJA trader platform lately, I say "actually", because I've had it for over a year, but I wasn't using it, I REALLY like the look of the charts, but I just wasn't into putting in the work in order to make it a viable platform. You can actually do "testing" with this thing, and it's FREE, it run's off of most feeds from your broker, in my case I use IB. I was a little bummed on it because it uses a LOT of power, but my other "freebie" went down, and I found out it actually uses LESS power than that one did, plus, for a while I couldn't get the feed out of IB for it, but, of course, all I had to do was update the IB platform and it started working again.

ANYWAY, that's a 60 minute chart, and I'm looking at the MFI "indicator", this isn't a trading idea, it's just some thing I'm continually working on, number one is the two red boxes on the price chart, the one on the right is yesterday, and, HAHAHAHAHAHA, you can hardly see the candles they were so stinking narrow, geeze, just AWFUL stuff it is, we had the gap up and never even TRIED to go higher after the open. I just put the other red box around the 27th of last month because it looks similar to what we had yesterday, we had a declining MFI the trading day before, on the 23rd, just like we had two days ago, then the narrow range day with the MFI declining into the close, this led to a dump on the next day, the 28th, the similarity pretty much ends though, because the MFI declined yesterday WORSE than any other day, other than the dump on the 28th, and of course, that was a DOWN day. I mean, it certainly doesn't look good to me, but, HEY, miracles happen all the time. Just to show it just doesn't do stuff on NEGATIVE divergences, I would point out to myself that the MFI declined the first trading day of the year, which led to the gap down on the second day, then, it went higher all the way through that lousy side way's action into Monday, which, I could say, led to the gap up yesterday, IE, "THEY", were buying it during that period, in contrast, I can HARDLY say that "THEY" were buying it yesterday.

One last thing is, and I'm NOT saying this is a record or any thing, but that 60 period STOCH, in the red box, has sure been over bought for a considerable period of time, yes it has.The typical MO on these kind of things, is that we get a quick, sharp pull back, just to work off the over bought situation. With all the love being shown, it would probably be a buying "opportunity".

Again, I'm just observing here, this is not a trading idea, Per Sec.

The daily chart has the same type of "situations" on it, "THEY" were "buying" it all the way from the August lows into the October low, as MFI went higher that entire period. Then, it started dropping off a cliff into the November high, which led to a two week pull back, and then CONTINUED dropping all the way into the first December high, or retest of November, which led to an eight day pull back. I could look at the "current" situation two ways, one is, yes, we made a VERY slight higher high on the MFI compared to the last December high, or the Udder being we have gone DOWN the last two days, while making NEW price highs, AND, if we are turning lower on it, it's making a HUGE divergence on MFI with the November high, meaning money is continuing to flow OUT of this thing, NOT into it.

Wad ever, this is just my observation, but it don't mean I have to LIKE it!

Alkie, some times called AA, didn't exactly have a great day, hahahahaha, sigh, Da Boyz were trying to suck in as many Johnnie come lately retails as they could in the pre-market, as, "THEY", basically took it to them right from the opening bell, it didn't close on it's lows, but it was back there in the after hours after the MSFT warning, speaking of which brings a big "HAH", as all I hear are all those ANAL-yst talking about how GREAT every thing is, while some minor little outfit that ACTUALLY deals with the situation, like Mikey, comes out and says that PC sales DECLINED, GASP, oh, the HORROR of it! I can just hear them today, they'll all be coming all and saying not to worry, it's just COMPANY specific!
Wad ever, back to Alkie, it don't look good, BUT, MFI is going UP, and I won't get concerned with the second half of it unless we break the January 3rd open of $8.89, for if the "market" is going to pull back, it's definitely going to pull back WITH it! I'll probably consider it another buying opportunity if it get's back to $9, as I'll use that as a stop. Wad ever, I'm currently on short Jan 20th 10 calls and long Jan 20th 9 puts, so I really don't care where it goes, as long as it goes UP!

2012-01-11T00:25:00.001-07:00

HAHAHAHAHA.........HAH!!! NO SHIT GOMER:

Alabama Beats LSU In BCS National Championship That Draws Record Low Ratings

BUMMER MMAAAAAAAAAAAAAN

WHO IN THE HELL WANTS TO WATCH SOME STINKING GAME BETWEEN A CONFERENCE CHAMPION AND THE THIRD PLACE TEAM IN THE SAME CONFERENCE!!!!

OBVIOUSLY............................NO ONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!

WHEN RON PAUL THROWS THE FEDERAL RESERVE OUT, HE SHOULD THROW THE STINKING BCS OUT WITH THEM!!!!!!!!!!!!!!!!!!!!!!!

BCS EQUALS "BULLSHIT CONFERENCE SERIES"!!

I hope ESPN, the "EASTERN SPORTS PROGRAMING NETWORK", goes fricking BROKE!

Conference by Conference breakdown of the 2011-2012 bowl games:

Based on the Bowl records, the Champions of either C-USA or the MAC should have played in the game against LSU, hahahahahaha! The best "MAJOR" conference was the Big 12, and the winner of THAT conference, OK ST, got to play the second place team in the WORST "MAJOR" Conference in the country, the PAC 12, sigh, wad ever.

And, oh, by the way, congratulations to the new PAC 12 Conference for finally taking over the banner for the SINGLE MOST OVER RATED CONFERENCE IN THE COUNTRY, this after the Big 10 held that title for the last, oh, like, ONE HUNDRED YEARS!

I'd say the ACC ACTUALLY took the title, but, hey, WE'RE ONLY TALKING ABOUT "MAJOR" Conferences!!!

2012-01-10T07:25:00.001-07:00

WOOOOOOO HOOOOOOOO!!! HAHAHAHAHAHA!! AA is trading at $9.77 in the premarket, so, WHEW, it saved me at LEAST, what, 10 "Get Well Soon" cards that I promised I'd mail out if you didn't make at least ten percent on it this year!!!!!!!!!!!!!
As you can see, it's trading outside the bollingers, first resistance is the whole number of $10, where I plan on selling at least half of the position ("SIC", I'm OUT half), if it can get through that it then gets a free run back to $11.50, Ya know, it's just hard to say about these things, you just never know how stupid people can get.
Good luck to you.

2012-01-10T06:41:00.001-07:00

Stock pick for 01/10/2012

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Dear traders,
I like to write few words about market and expectations. I believe that you all seen that we don’t have much help from market action. Big indecision is out here and at this moment we don’t know and charts don’t suggest where all this could go. I found several interesting charts but because of market indecision IO didn’t post trading plan on them I will wait at least first 15 min and during that period I will follow those ideas and I will scan for some other ideas. Main focus will be to see what is stronger and what is weaker then market in hope that we could get some own way direction chart. With other words idea is to find and take chart stronger and weaker then market action and we will see what intraday direction will be. To compare individual names with market charts I need at least 15 min. I will write above every chart with few words what idea is, but I won’t take them if they will go right after open. For me it is higher risk. I won’t say that can’t go; it can be very fast and profitable but risk for false action is too high for me. I got few emails during trading hours about some ideas and to give my opinion. Thanks for that and I like to support everyone that if have some trading idea or anything else feel free to contact me and I will be glad if I can help with my answer.
Wish you all great trading day
Ivica

AVP - long
Technical view: On the monthly chart we can see that AVP reached low from 2008. Also we can see CCI divergence (easier to see on the weekly time frame) with double bottom odds. All that suggest that AVP saw very strong support and with CCI divergence support I will look for bounce and daily uptrend action. I don’t expect nothing to long, but I think that AVP could see weekly 20sma or $20 area and I will look for that run. I like to note that AVP could be very slow, but I hope that react on whippy market action that much. – Same interest from Monday

RHT - short
Technical view: One setup is under $42 and that is swing setup for daily bear flag with stop above 20sma or 200sma on daily time frame. I will also watch for intraday setup and that will depends on open action. RHT have longer swing potential and it will be on my screen for some time.

2012-01-10T06:41:00.000-07:00

Subj: Fw: Investment Tips

Investment tips for 2012

With all the turmoil in the market today and the collapse of Lehman Bros and Acquisition

of Merrill Lynch by Bank of America this might be some good advice.

For all of you with any money left, be aware of the next expected mergers so that you can

get in on the ground floor and make some BIG bucks.

Watch for these consolidations later on this year:

1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W R. Grace Co. will

merge and become:
Hale, Mary, Fuller, Grace.

2.) Polygram Records, Warner Bros., and Zesta Crackers join forces and become:
Poly, Warner Cracker.

3.) 3M will merge with Goodyear and become:
MMMGood.

4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will merge and

become:
ZipAudiDoDa .

5. FedEx is expected to join its competitor, UPS, and become:
FedUP.

6. Fairchild Electronics and Honeywell Computers will become:
Fairwell Honeychild.

7. Grey Poupon and Docker Pants are expected to become:
PouponPants.

8. Knotts Berry Farm and the National Organization of Women will become:
Knott NOW!

And finally...

9. Victoria 's Secret and Smith & Wesson will merge under the new name:
TittyTittyBangBang

2012-01-10T00:22:00.003-07:00

Ya know, other than saying that I'm just about as UN-inspired about being around the markets as I think I've EVER been, I really have NOTHING to say, sigh, wad ever, I will admit, I'm a little confused, did we have a HALF DAY HOLIDAY yesterday???? The volume says so, HEE-YUK, HEE-YUCK, HEE-YUK!!!!! Geeze, just horrible stuff.
ANYWAY, articles like this don't exactly inspire me even more, HEDGE FUNDS SIT OUT RALLY. The people the author interviews must all be some kind of SUPER trader's I guess, as they get their Yuk Yuk's laughing about the Hedge funds sitting out that massive .0025% rally in the S and P last year, sigh, wad ever, PERSONALLY, I consider these people that run those funds to be one HELL of a lot smarter than me, and if it's good enough for THEM, it's good enough for ME!
Another rotten thing that's gaining momentum is this, sarkozy-wins-merkel-backing-for-introduction-of-financial-transaction-tax.html, the way I read this, is that if I make one of my typical five minute trades in the SPY, or wad ever, with $100,000 that I use to, "INVEST", they are going to charge me $100 as a "TAX" on the trade. YA KNOW, a LOT of times that's all I'm trying to MAKE, if they start doing this here, I'm like, FRICKING OUTTA HERE!!!!!!!!!!!!!!!!!!!!!!! I will truly be gone, probably FOR EVER!!!

2012-01-09T07:39:00.000-07:00

Stock pick for 01/09/2012

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HRS - long
Technical view: On the daily chart we can see third try triangle pattern. I like that pattern, but lately we saw many false breakouts on third try and then strong reversal. Because of that I will use intraday consolidation (15 min time frame) what will be reasonable risk for reward possibility. Since I will use intraday action for trading plan, conclusion is that HRD can be good for day and swing traders. With intraday trading plan I will look for swing reward.

I am SOOOOOOOOOOOO, not into this, sigh, what a horrid week, Da Boyz, some times called Da Slime Bags of Wall Street, used the futures to gap us almost 2% higher on Monday before the open, and then spent the rest of the week selling their Ill gotten shares to the retails that piled into their 401K's and IRA's at the start of the year.
I am just about as ambivalent about the market as I can get, and I'm not alone, I noticed lot of sites screaming about the EXTREMELY low readings on the AAII Bearish portion of their survey, some where in the 17% area, which would portend Da Boyz taking it to the bulls for their "What, me Worry" type of attitude, BUT, the Bullish side of the survey was NOT really very high, in the upper 40's, so there's a lot of room for people to get more bullish before Da Boyz lower the hammer.

The daily chart continues to look just fine to me, we have a beautiful ascending triangle in place from the October lows, and as I've mentioned before we have a wisp of an inverted head and shoulders as well, which could be targeting the $140 "area" if we can break above the October highs. Speaking of October, we hit the LOW and the HIGH of the range in that same month, and have spent just over two months frustrating both Bear's and Bull's going side ways, but I'm pretty sure a break of that triangle is going to result in a Mega move, one way or Da Udder.
The fly's in the ointment are that MFI actually declined this week, and the ROC fell pretty hard, ALTHOUGH, it did trigger a new buy last month for the first time since July.

Another "fly" is the $NYMO, we had a divergence right from the get go on Monday, as the "market" made new highs while IT did NOT, which, CAN, lead to more weakness, but it's not a given, and I DON'T use this thing to, quote, "Trade", off of, it's just another "indicator".

Enough of the "market" BS, I'm just not that into it, I, AM, however, into this, The Great Leading Indicator Smackdown: New Update by Doug Short of Advisor Perspectives (dshort.com).

This is truly, one of THE most interesting things I've seen in some time, as Lakshman Achuthan has literally put the very future of his company on the line, as he continues to insist that the LEI's are a LIE, and his ECRI WLI's will win out in the end game, the "End Game" being that we go back into recession as he has been calling for.

Oop's, I almost forgot, hahahaha, I generally DO tend to forget things I consider "Bullish", but I'm actually quite enamored with the weekly chart, the MFI has been jumping the last few weeks, and is actually ABOVE the October highs, so it's acting as a LEADING indicator, money is definitely flowing into this thing. The ROC just went into a buy signal a couple of weeks ago, and again, that's the first since July, and the two MA's I have on there are in danger of doing an upside cross, all very positive stuff, it is. By the way, it don't matter what I have for the MA's, every one just uses what they are comfortable with, a lot of people use a 40 week MA, a lot use a 13 and 34 EMA, wad ever, they all work.
Anyway, if I were a LONG term buy and holder, which I'm NOT, I wouldn't be the least concerned about this unless we get under that lower trend line around $115, although, on a personal note, I do NOT like that Hanging man candle, and it wouldn't surprise me in the least to see us fill the dumb ass gap from last Monday, before moving higher.

2012-01-06T06:37:00.000-07:00

Stock pick for 01/06/2012

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CSCO - long
Technical view: Odds for daily/weekly triangle break up and buying continuation. I will look CSCO only as swing trade. Best will be if CSCO will give us consolidation day what will decrease risk and if you will watch 15 min or 60 min chart you can see that CSCO didn’t give us much rest and because of that more consolidation will be best. – That was CSCO yesterday technical view. We got that consolidation and I still like possibility. I think that risk is lower than yesterday and I will use same trading plan.

2 Bullish Signals for the Nasdaq
While still lagging, the index is showing signs of improvement. Get Sam Collins take on the markets.

Bottoming Period for Amazon

By Mike Paulenoff, MPTrader.com

My pattern and momentum work argue strongly that Amazon (AMZN) completed a major corrective process at its Dec 29 low at 16.97 off of its Sep 20 high at 244.30.

See article with chart.

2012-01-06T00:05:00.000-07:00

Yea, like I will, EVER, go to Vegas again!

2012-01-05T05:45:00.000-07:00

Stock pick for 01/05/2012

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EBAY - short
Technical view: My interest will be daily bull trap continuation and I think that $30 is very important support area for EBAY. In that case I want it to stay under 200sma 60 min and because of that stop will be that area. First support will be $29 area and if that won’t hold we could see move down to $25 area what will depends on pace and volume and too early to predict that.

PANL - short
Technical view: On the daily time frame we can see that PANL is downtrend stock. Reached 20sma resistance at Tuesday and despite of strong market pull back was very strong on higher volume. Yesterday action gone with nice rest and I will look now for selling continuation. We can see that on the intraday charts. For stop I will use (for start) 60 min 10sma resistance area, what mean that PANL need to go after setup with good pace and volume or risk for bounce will increase and in that case I don’t want to have big stop.

2012-01-05T00:19:00.000-07:00

ALL PUNS INTENDED

1. Two antennas met on a roof, fell in love and got married. The ceremony wasn't much, but the reception was excellent.
2. A jumper cable walks into a bar. The bartender says, "I'll serve you, but don't start anything."
3. Two peanuts walk into a bar and one was a salted.
4. A dyslexic man walked into a bra.
5. A man walks into a bar with a slab of asphalt under his arm, and says: "A beer please, and one for the road."
6. Two cannibals are eating a clown. One says to the other: "Does this taste funny to you?"
7. "Doc, I can't stop singing The Green, Green Grass of Home."
"That sounds like Tom Jones Syndrome."
"Is it common?"
"Well, It's Not Unusual."
8. Two cows are standing next to each other in a field. Daisy says to Dolly, "I was artificially inseminated this morning."
"I don't believe you," says Dolly.
"It's true; no bull!" exclaims Daisy.
9. An invisible man marries an invisible woman. The kids were nothing to look at either.
10. Deja Moo: The feeling that you've heard this bull before.
11. I went to buy some camouflage trousers the other day, but I couldn't find any.
12. A man woke up in a hospital after a serious accident. He shouted, "Doctor, doctor, I can't feel my legs!" The doctor replied, "I know, I amputated your arms!"
13. I went to a seafood disco last week...and pulled a mussel.
14. What do you call a fish with no eyes? A fsh.
15. Two fish swim into a concrete wall. The one turns to the other and says, "Dam!"
16. Two Eskimos sitting in a kayak were chilly, so they lit a fire in the craft. Not surprisingly it sank, proving once again that you can't have your kayak and heat it too.
17. A group of chess enthusiasts checked into a hotel, and were standing in the lobby discussing their recent tournament victories. After about an hour, the manager came out of the office, and asked them to disperse.
"But why," they asked, as they moved off.
"Because," he said. "I can't stand chess-nuts boasting in an open foyer."
18. A woman has twins, and gives them up for adoption. One of them goes to a family in Egypt , and is named 'Ahmal.' The other goes to a family in Spain ; they name him 'Juan.' Years later, Juan sends a picture of himself to his birth mother. Upon receiving the picture, she tells her husband that she wishes she also had a picture of Ahmal. Her husband responds, "They're twins! If you've seen Juan, you've seen Ahmal."
19. Mahatma Gandhi walked barefoot most of the time, which produced an impressive set of calluses on his feet. He also ate very little, which made him rather frail and with his odd diet, he suffered from bad breath. This made him (oh, man, this is so bad, it's good) ... A super-calloused fragile mystic hexed by halitosis.
20. A dwarf, who was a mystic, escaped from jail. The call went out that there was a small medium at large.
21. And finally, there was the person who sent ten different puns to his friends, with the hope that at least one of the puns would make them laugh. No pun in ten did.

2012-01-05T00:18:00.001-07:00

The, "markets", are doing battle at the October highs, personally, as I noted last week, I think we get through here, BUT (the Big "BUTT"), we, COULD, come back to fill that gap, FIRST, the "indicator's" are, all right, BUT (there it is again), we have a NEGATIVE DIVERGENCE working on the A/D lines from the November highs, it, DEFINITELY, bears watching.

One positive is that I'm seeing a lot of these inverse Head and Shoulder formations, they all look the same, you get the target by taking the distance from the head to the shoulder, and adding it to the shoulder, in NBR's case it adds up to "about" $29, or some thing like that.
Here's some Udder examples:

2012-01-04T06:24:00.003-07:00

HAH! Talk about your classic "Dogs of the Dow", or rebalancing, or reversion to the mean, or what ever the hell you want to call it, the ten WORST performers of the DOW last year GREATLY "outperformed" the ten BEST performers of last year yesterday, typical, ain't it!!!
Wad ever, the futures are lower this morning, as, "THEY", give you another "chance of a life time" to get into this market, nice of them, YOU THINK!!
Good luck to you out there in La La Land today.

Bill Gross, in his latest letter to their investors, says the financial markets are in a new "PARANORMAL" phase, and, of course, I TOTALLY, LIKE, AGREE: TOWARD THE PARANORMAL

Stock pick for 01/04/2012

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BBBY - short
Technical view: My interest will be daily bear flag and pull back from 10sma resistance area. Also we can see possible 60 min head and shoulder pattern and because of that stop will be above right shoulder with setup under Tuesday low. Early entry based on 5 min triangle is under $58.25 with stop above 200sma but for that we need to see open action first.

2012-01-04T06:20:00.001-07:00

With this in mind, I bought myself a new scooter.

I wanted something that was easy on petrol and could zip me to the shops

And about town. This seems to meet my EVERY need.

I love it!

Remember: Pensioners Are Valuable!

We are more valuable than any of the younger generations.

We have silver in our hair.

We have gold in our teeth.

We have stones in our kidneys.

We have lead in our feet and,

We are loaded with natural gas!

2012-01-02T10:07:00.009-07:00

This is just so I can come back and check ole Harry out at the end of the year, and see how he did on his 50 percent lower call. I don't know if this happens this year, who does for criminie sake, BUT, just for the record, I am a believer in his "Generational" thesis, one of my first posts on the blog was about the history of my family, and the times they went through, and the number of kids each generation had, it sure seems to me that we get big families in good times, and small ones in bad times, which just makes sense of course. Just for the record, my Great Grand Father had five kids, my Grand Father had two, my Dad had five, I had two, and my stinking kids are BREAKING THE MOLD, for I have ONE Grand kid, at this point in time of course.

Toni Hansen's Market Outlook

Seems like kind of a stretch, BUT, you just never fricking know, wad ever, just thought I'd bring it up.

I, LOVE, steel stocks, ALWAYS, even when they are DOG's, hahahahaha! The, BIG DOG, in the space, is, of course, "X", US Steel, and I, COULD, make the case that it's setting up a, HINT, of an inverse head and shoulders, WHICH, if true, could project to a price target of $40, which fits perfectly because it doesn't really have any huge resistance until then, when it run's into that low it made in June of LAST year.

The reason I bring it up isn't because of "X", but because of my "GAMBLING" stock, which, if you were a cat, you could cough up a huge hair ball on AAAAKKKKKKSSSSS!! It has basically the same pattern, and it needs to break out over $9, but if it does, it gets into that huge AIR POCKET in the green circle, which provides virtually NO RESISTANCE back up to $14. The inverted H and S gives a target of $12 on this thing, but if it gets going, it's going straight to $14, GUARANNNNNNNNN.......TEED!!

Ok, I don't guarantee Jack shit, but as of Friday there's a great way to play this, the March 11 calls were going for .21, that's TWENTY ONE STINKING CENTS, hahahahahaha, hell, the 10 calls were only going for .37 cents, I mean, the option boys obviously think this thing will never, NEVER I tell ya, get there, but if the market explodes, this things going to cover that .21 cents faster than even I can hack up the hair ball that's driving me crazy!!

Wad ever, it's just a thought. Europe's lost their fricking minds today, the DAX is up 3 percent and the Frog's are up 2 percent, so we probably get a huge gap up tomorrow, sigh, wad ever, good luck to you.

Stock pick for 01/02/2012

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Dear traders,

I wish you all good start and very profitable 2012 year. I truly hope that we all will be smart enough to have good time in business what we are doing.

Here are few words about market. From my watch list you can see that I have ideas for both sides. Conclusion is that market is in very indecision moment. Indices daily/weekly/monthly charts suggest that everything is open. I know that I don’t sound very smart with that, but bounce from monthly 20sma won’t be surprise from technical side; on the other side break down (because pace is not good) won’t be surprise too. When we talk about bigger time frame charts we must include some other world stuffs. Lots of time will depends from Europe and euro problems and then we can turn in to third scenario and that is range continuation. Unfortunately I don’t expect that one news can move this indecision range action (hope I’m wrong) and I think that we will see more bleeding if we look from technical side. Try to look only weekly or daily time frame charts and you will see that. Let’s only exclude SPY weekly chart. Question is can SPY break over 50sma on third try or we will see false move and then strong move down. Remember when all will be done then is very easy to be smart and write why that happens. That is not my job; my job is to recognize risk. Because of that at this moment I will look for all possibilities, up/down, swing or intraday setups but all those trades will be with less risk than usual. When we will got direction then I will add my risk. I know that in the room I always repeat: patience, patience, patience. But look at daily/weekly/monthly indices charts and you will see that is clear and if maybe it isn’t I will be very happy to give you addition al explanations. I’m always afraid that because of language barrier my explanations are not clear so please use that offer.

Wish you all great trading day, week, year

Ivica

AVY - long

Technical view: Daily consolidation result with weekly continuation pattern and that is why I like it. First resistance is $30 area and that is 1^st target, but if will be broken then we could easily see bounce to daily 200sma area and $32 resistance area. It is not uptrend stock but it we take a look at monthly chart we can see what bounce to monthly 10sma is very open what could result with daily move and swing trade. Setup is above last week high with stop under last week low. Also, on the weekly chart we can see that last week bar is narrowest bar in a longer time, what suggest that we could see some stronger action with good reward.

CMI - short

Technical view: CMI is something very similar to DKS. There is little bigger risk because 20sma resistance area is still not here and odds for small move down and bounce to resistance is open, but despite of that I like swing possibility because of consolidation after selling wave. First support is $85 area and monthly chart suggest that if we will be on right side and with market help we can easily see $80 what is final target area, but it will be better to talk about that when we will see few day’s action.

Monday Morning Outlook: Twelve Months Later, Stocks

Still Searching for Direction

Outcry in Nigeria as fuel prices more than double AP HAH! It seem's that last year's Revolutions, will be starting EARLY this year!!
Exxon Mobil: $908 M awarded in Venezuela dispute AP HAH! Good luck to you in COLLECTING that XOM!

2012-01-02T08:07:00.000-07:00

TOOLS EXPLAINED:

DRILL PRESS:
A tall upright machine useful for suddenly snatching flat metal bar stock out of your hands so that it smacks you in the chest and flings your beer across the room, denting the freshly-painted project which you had carefully set in the corner where nothing could get to it.

WIRE WHEEL:
Cleans paint off bolts and then throws them somewhere under the workbench with the speed of light. Also removes fingerprints and hard-earned calluses from fingers in about the time it takes you to say, "Oh, shit!"

SKILL SAW:
A portable cutting tool used to make studs too short.

PLIERS:
Used to round off bolt heads. Sometimes used in the creation of blood-blisters.

BELT SANDER:
An electric sanding tool commonly used to convert minor touch-up jobs into major refinishing jobs.

HACKSAW:
One of a family of cutting tools built on the Ouija board principle... It transforms human energy into a crooked, unpredictable motion, and the more you attempt to influence its course, the more dismal your future becomes.

VISE-GRIPS:
Generally used after pliers to completely round off bolt heads. If nothing else is available, they can also be used to transfer intense welding heat to the palm of your hand.

OXYACETYLENE TORCH:
Used almost entirely for lighting various flammable objects in your shop on fire. Also handy for igniting the grease inside the wheel hub out of which you want to remove a bearing race..

TABLE SAW:
A large stationary power tool commonly used to launch wood projectiles for testing wall integrity.

HYDRAULIC FLOOR JACK:
Used for lowering an automobile to the ground after you have installed your new brake shoes, trapping the jack handle firmly under the bumper.

BAND SAW:
A large stationary power saw primarily used by most shops to cut good aluminum sheet into smaller pieces that more easily fit into the trash can after you cut on the inside of the line instead of the outside edge.

TWO-TON ENGINE HOIST:
A tool for testing the maximum tensile strength of everything you forgot to disconnect.

PHILLIPS SCREWDRIVER:
Normally used to stab the vacuum seals under lids or for opening old-style paper-and-tin oil cans and splashing oil on your shirt; but can also be used, as the name implies, to strip out Phillips screw heads.

STRAIGHT SCREWDRIVER:
A tool for opening paint cans. Sometimes used to convert common slotted screws into non-removable screws and butchering your palms.

PRY BAR:
A tool used to crumple the metal surrounding that clip or bracket you needed to remove in order to replace a 50 cent part.

HOSE CUTTER:
A tool used to make hoses too short.

HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a kind of divining rod to locate the most expensive parts adjacent the object we are trying to hit.

UTILITY KNIFE:
Used to open and slice through the contents of cardboard cartons delivered to your front door; works particularly well on contents such as seats, vinyl records, liquids in plastic bottles, collector magazines, refund checks, and rubber or plastic parts. Especially useful for slicing work clothes, but only while in use..

Son of a bitch TOOL:
Any handy tool that you grab and throw across the garage while yelling "Son of a bitch" at the top of your lungs. It is also, most often, the next tool that you will need.

2012-01-01T07:53:00.000-07:00

CHANGES ARE COMING ----

Whether these changes are good or bad depends in part on how we adapt to them.

But, ready or not, here they come...

1. The Post Office. Get ready to imagine a world without the post office. They are so deeply in financial trouble that there is probably no way to sustain it long term. Email, Fed Ex, and UPS have just about wiped out the minimum revenue needed to keep the post office alive. Most of your mail every day is junk mail and bills.

2. The Check. Britain is already laying the groundwork to do away with checks by 2018. It costs the financial system billions of dollars a year to process checks. Plastic cards and online transactions will lead to the eventual demise of the check. This plays right into the death of the post office. If you never paid your bills by mail and never received them by mail, the post office would absolutely go out of business.

3. The Newspaper. The younger generation simply doesn't read the newspaper. They certainly don't subscribe to a daily delivered print edition. That may go the way of the milkman and the laundry man. As for reading the paper online, get ready to pay for it. The rise in mobile Internet devices and e-readers has caused all the newspaper and magazine publishers to form an alliance. They have met with Apple, Amazon, and the major cell phone companies to develop a model for paid subscription services.

4. The Book. You say you will never give up the physical book that you hold in your hand and turn the literal pages. I said the same thing about downloading music from iTunes. I wanted my hard copy CD. But I quickly changed my mind when I discovered that I could get albums for half the price without ever leaving home to get the latest music. The same thing will happen with books. You can browse a bookstore online and even read a preview chapter before you buy. And the price is less than half that of a real book. And think of the convenience! Once you start flicking your fingers on the screen instead of the book, you find that you are lost in the story, can't wait to see what happens next, and you forget that you're holding a gadget instead of a book.

5. The Land Line Telephone. Unless you have a large family and make a lot of local calls, you don't need it anymore. Most people keep it simply because they've always had it. But you are paying double charges for that extra service. All the cell phone companies will let you call customers using the same cell provider for no charge against your minutes.

Personal Note: I canceled mine just about a year ago!

6. Music. This is one of the saddest parts of the change story. The music industry is dying a slow death. Not just because of illegal downloading. It's the lack of innovative new music being given a chance to get to the people who would like to hear it. Greed and corruption is the problem. The record labels and the radio conglomerates are simply self-destructing. Over 40% of the music purchased today is "catalog items," meaning traditional music that the public is familiar with. Older established artists. This is also true on the live concert circuit. To explore this fascinating and disturbing topic further, check out the book, "Appetite for Self-Destruction" by Steve Knopper, and the video documentary, "Before the Music Dies."

7. Television. Revenues to the networks are down dramatically. Not just because of the economy. People are watching TV and movies streamed from their computers. And they're playing games and doing lots of other things that take up the time that used to be spent watching TV. Prime time shows have degenerated down to lower than the lowest common denominator. Cable rates are skyrocketing and commercials run about every 4 minutes and 30 seconds. I say good riddance to most of it. It's time for the cable companies to be put out of our misery. Let the people choose what they want to watch online and through Netflix.

8. The "Things" That You Own. Many of the very possessions that we used to own are still in our lives, but we may not actually own them in the future. They may simply reside in "the cloud." Today your computer has a hard drive and you store your pictures, music, movies, and documents. Your software is on a CD or DVD, and you can always re-install it if need be. But all of that is changing. Apple, Microsoft, and Google are all finishing up their latest "cloud services." That means that when you turn on a computer, the Internet will be built into the operating system. So, Windows, Google, and the Mac OS will be tied straight into the Internet. If you click an icon, it will open something in the Internet cloud. If you save something, it will be saved to the cloud. And you may pay a monthly subscription fee to the cloud provider.

In this virtual world, you can access your music or your books, or your whatever from any laptop or handheld device. That's the good news. But, will you actually own any of this "stuff" or will it all be able to disappear at any moment in a big "Poof?" Will most of the things in our lives be disposable and whimsical? It makes you want to run to the closet and pull out that photo album, grab a book from the shelf, or open up a CD case and pull out the insert.

9. Privacy. If there ever was a concept that we can look back on nostalgically, it would be privacy. That's gone. It's been gone for a long time anyway. There are cameras on the street, in most of the buildings, and even built into your computer and cell phone. But you can be sure that 24/7, "They" know who you are and where you are, right down to the GPS coordinates, and the Google Street View. If you buy something, your habit is put into a zillion profiles, and your ads will change to reflect those habits. And "They" will try to get you to buy something else. Again and again.

All we will have that can't be changed are Memories.

19 Facts About The Deindustrialization Of America That Will Blow Your Mind
The United States is rapidly becoming the very first "post-industrial" nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. It was America that was at the forefront of the industrial revolution. It was America that showed the world how to mass produce everything from automobiles to televisions to airplanes. It was the great American manufacturing base that crushed Germany and Japan in World War II.

But now we are witnessing the deindustrialization of America . Tens of thousands of factories have left the United States in the past decade alone. & nbsp;Millions upon millions of manufacturing jobs have been lost in the same time period.

The United States has become a nation that consumes everything in sight and yet produces increasingly little. Do you know what our biggest export is today? Waste paper. Yes, trash is the number one thing that we ship out to the rest of the world as we voraciously blow our money on whatever the rest of the world wants to sell to us. The United States has become bloated and spoiled and our economy is now just a shadow of what it once was. Once upon a time America could literally out produce the rest of the world combined. Today that is no longer true , but Americans sure do consume more than anyone else in the world. If the deindustrialization of America continues at this current pace, what possible kind of a future are we going to be leaving to our children?

Any great nation throughout history has been great at making things. So if the United States continues to allow its manufacturing base to erode at a staggering pace how in the world can the U.S. continue to consider itself to be a great nation? We have created the biggest debt bubble in the history of the world in an effort to maintain a very high standard of living, but the current state of affairs is not anywhere close to sustainable. Every single month America &n bsp;goes into more debt and every single month America gets poorer.

So what happens when the debt bubble pops?

The deindustrialization of the United States should be a top concern for every man, woman and child in the country.

But sadly, most Americans do not have any idea what is going on around them.

For people like that, take this article and print it out and hand it to them. Perhaps what they will read below will shock them badly enough to awaken them from their slumber.

The following are 19 facts about the deindustrialization of America that will blow your mind....

#1 The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.

#2 Dell Inc., one of America ’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem , North Carolina in November. Approximately 900 jobs will be lost.

#4 In 2008, 1.2 billion cell phones were sold worldwide. So how many of them were manufactured inside the United States ? Zero.

#5 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

#6 As of the end of July, th e U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.

#7 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.

#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it rep resented 11.5 percent.

#10 Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul , Minnesota . Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford's new "global" manufacturing strategy.

#11 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

#12 In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

#13 The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

#14 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.

#15 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

#16 Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.

#17 The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States .

#18 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

#19 The U.S. Ce nsus Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.

So how many tens of thousands more factories do we need to lose before we do something about it?

How many millions more Americans are going to become unemployed before we all admit that we have a very, very serious problem on our hands?

How many more trillions of dollars are going to leave the country before we realize that we are losing wealth at a pace that is killing our economy?

How many once great manufacturing cities are going to become rotting war zones like Detroit before we understand that we are committing national economic suicide?

The deindustrialization of America is a national crisis. It needs to be treated like one.
America is in deep, deep trouble folks. It is time to wake up.

D-V-E-R-S-I-F-I-C-A-T-I-O-N

2012-01-01T07:26:00.000-07:00

SIGH! I hung around to long after "Money in Motion" last night, and that, aaahhhhh, THING, came on after it, anyway, he started off by talking about his NUMBER ONE rule of investing, D-I-V-E-R-S-I-F-I-C-A-T-I-O-N! I thought, COOL, he's going to talk about your proper percentages in cash, bonds, commodities, stocks, precious metals, etc etc etc.................WRONG! Hahahahaha, he started off by saying, FIRST, you should never, NEVER I SAY, have more than 20% invested in any single.................S-E-C-T-O-R! Now, I'm not EVEN, going to go there, IE, about what "TRUE" diversification is, I've done that ad nauseum, but unless I'm wrong, S and P says there are nine, count'em, NINE, Sectors, to "invest" in, if I add that up correctly, I guess you should have 180% of your money "inwested" in them???!!
Anyway, I'm stopping on my attitude here, I've done this to often and I'm more tired of it than any one else, OK, so, let's say you did some thing REALLY WILD, and only invested 10% in each of the Sector's last year, that left you 10% in cash to invest in, aaaaaahhhhh, SPECULATIVE, things, like, SECTORS, hahahahahaha! Sigh, slap slap, I said I was going to stop that, OK, so, if you had, you would have made, hhhhmmmm, uuuuhhhnnnn, let me add this up, and I'm going by the YTD Percent by the way, I have NO IDEA why the YTD and the 12 Month Percent are different on the table above, you made 7.92%, WOOOOO HOOOO, which is not to stinking bad, considering, in fact, it's probably a miracle, but that's almost EXACTLY what the market averages every year, over the last, like, 10,000 years. I think it's pretty cool stuff, it is.
OK, so, let's go back to 2008 and see how this "Diversification" worked....................

OOOOOOOOOOOOOO............K, so, across ALL sectors you "only" lost 36.9 percent that year, which is a HELL of a lot better than if you had JUST concentrated in like, ONE, Sector, like Financials, so, "Diversification" DOES WORK, WOOOO HOOOOOO!
Ok, so I cherry picked 2008, here's an exercise I did, mostly for me because I'm interested to see what it REALLY is, I went back to when those ETF's started trading to see what the returns have been:

All those started in December of 1998, at least, that's what BarCharts said they did when I went back 25 years, that's an error on XLK.
So, "Diversification" DOES work, at least it made up for the losses in the XLF and XLK, you averaged out to about 41.7 percent over that 13 year period, or 3.2 percent a year, WOOOOO HOOOOOO!!!!!! That, of course, doesn't include any dividends, which probably added quite a bit. Currently, the XLI yields 2.02, XLK-1.43, XLU-3.84, XLY-1.57, XLP-2.68, XLV-1.94, XLE-1.52, XLB-2.58, XLF-1.57, which averages out to 2.13, which REALLY adds up, that takes it up to 5.33 percent a year over the last 13 years.

OK, so, I have Un Udder idea, BONDS, I was going to take the TLT, but it only goes back to July of 2002, so I just used the Vanguard VBLTX Total Bond fund, since December of 1998 it's gone up 21.5 percent, and it currently yields 4.28 percent, of course those yields were all over the place through the years, but just going by that you averaged 5.9 percent a year since 1998, slightly better than just "doing" Sectors.
Ok, I have Un Udder idea, how about that TLT, what if we did this wild ass thing, and only took TWO "ASSET" classes, invested equal amounts in each at the start, and rebalanced each year on December 31st, or the last trading day of the year, including the dividends, in fact, let's combine the TLT with that other wild ass thing, the SPY, how did we do doing that:

Starting when the TLT came into being in July of 2002, and starting with 100K and investing equal amounts in the TLT and SPY, and rebalancing on December 31st each year, including the dividends that are calculated at the current rates, 1.96 percent on the SPY and 3.38 percent on the TLT, or 2.67 percent total, that 100K turned into $207,214 at the end of Friday, or 107 percent, or 10.72 percent a year. The BEST part about it, is you only had ONE draw down year, that was that weird year called 2008, when you lost 2.4 percent.
Using the best performing "Sector", the XLE, your returns increased slightly, your portfolio would be worth $210,838, but your draw downs increased a lot, 11.4 percent in 06', 7.4 in 08', and 4.6 in 09'. The 06' loss is probably an out-lier of the 26 percent gains made in 05'.
How about using the best dividend achiever, the XLU, it did a little better, increasing to a total of $213,058, it only had one draw down, in 08' again, of 11.9 percent.
HHHHMMMMMMMM, I'll have to think about this some more. I'm sure with a little WORK, you could come up with a lot better ideas, I ran the LQD through it, just to check it out, it returned about what the TLT/SPY ratio did, I'd like to see how a Junk bond did, but I can't find any that go back any length of time, accept in Vanguard funds, I actually ran their VWEHX through the spread sheet, it returned about the same as TLT/SPY, the bond price is essentially flat since july of 02', as it doesn't move say, like, JNK does, I'll check around a little more, as Junk bonds actually follow the SPY around pretty closely.

2011-12-31T09:26:00.000-07:00

I know I shouldn't get my gander up over the BCS and the Bowl schedule, but, well, I JUST GOTTA!!
NUMBER ONE, two teams from the same conference should never, NEVER, EVER, play for the National title, ESPECIALLY, when they've already played each other, I mean, if Alabama wins, ARE THEY GOING TO HAVE A RUBBER MATCH???? Besides, they lost to them on their own HOME FIELD!! Don't get me wrong, Bama is a wonderful team, but I find it hard to swallow, especially why they should go ahead of Oklahoma State, wad ever, I won't be watching. For those of you that like STAT's, here's one, I took Bama and OK ST and came up with the average ranking of the RANKED teams they beat, the teams OK ST beat averaged 13.5 while the Bama "wins" averaged 18.25. Here's another one, I took ALL the TEAM stat's, as listed on ESPN.com, added them up and averaged them out, OK ST averaged 29.33 in TEAM stat's, while Bama averaged a WHOPPING 58.11, with a higher number being worse, in fact, they have the WORST "Return Yardage" team in the Nation, ranked 120th, and was 115th in punting. When you go by the very first column, which is TOTAL TEAM STAT's, OK ST is ranked 4th, while you have to look a ways for Bama, which is ranked 34th, again, wad ever.
Number two, STINKING FIELD GOAL KICKERS!!! I'm talking about Boise State of course, sigh, they probably did better than I thought they would, hahahahaha, with the Las Vegas bowl, against about the eight place team in the Pac 12, geeze, wad ever. ANYWAY, the stinking BCS has them ranked 7th, IN THEIR OWN POLL, so how do they justify stinking Michigan and Virginia Tech in the Sugar Bowl, or Ohio State and Florida in the Gator Bowl, or West Virginia and Clemson in the Orange Bowl??????????????????? Or even Georgia and Michigan State in the Outback Bowl, hell, Boise wooped Georgia on their HOME FIELD!! There's EIGHT TEAMS playing on January 2nd, that Boise's ranked ahead of!! They are ranked 13th in Total Team Stat's, behind OK ST, but waaaaaaaaaaay ahead of Bama! That ranking, by the way, hides the fact that they are probably the WORST special teams school in the country, even worse than Bama if that's possible, ranking 118th in the country in, SURPRISE, KICKING, HAHAHAHAHAHAHA!!
STINKING FIELD GOAL KICKERS!!!!!!!!!!!!!!!!!!!!!!!

Thirdly, do not, I repeat, DO NOT, finish SECOND in the Pac 12, hahahahahahahahahaha!! Oregon wins the Pac 12, and get's a cake walk in the Rose Bowl, while Stanford gets the honor of getting ripped to shreds by Oklahoma State in the Fiesta Bowl!!!!! Sigh, I'd like to see Luck and Stanford win, but I'm not holding out much hope, if Oregon was way to fast for that big Stanford defense, WAIT UNTIL THEY SEE THIS BUNCH!!

2011-12-30T13:33:00.002-07:00

HAHAHAHAHAHAHAHA!!!! I thought I'd end the year with my last COMICAL post! Aaaaahhhh, those Boyz, hahahahaha, there's still a half hour to go, but this was to much, "they", took us down right to the close of December 31st of last year, that was $125.75, and then bounced it, hahahaha, Ya Know, REGARDLESS, of what you may think, the market is not, I repeat, NOT, MANIPULATED!!!!!!!!!!!!!!

Have a great Holiday weekend.

Three minutes to go, hahahahahahahahahahahahahahahahahahaha!

Oooooooohhhhh Mannnnnnnnnn, I wanted to see "them" close it at .75, sigh, THEY RUINED THE ONLY FUN I HAD LEFT THIS YEAR!!!!

2011-12-30T09:36:00.002-07:00

Here's the 22 best performing stocks over the last year in the S and P 500:

And here's the 24 worst performing stocks over the past year.

Ya know, with all the stupid ETF's and shit, you would THINK, that they would have an index of the best performing stocks over the past year, and another index with the worst performing stocks, so you can short the shit out of the first bunch, and buy the second bunch hand over fist.
I can think of any number of stocks that I like in that lower list, like, ANR, X, GS, WHR, AKS, BTU (although, I would take PCX over that one), I'm not an investor of course, so my "holding" period is about, ooohhhhh, five minutes, MAX, but the idea is what counts I guess.

That NAZI Government we keep allowing to exist in Washington, DC, keeps getting worse:
Court Grants Immunity to Telecom Companies Participating in Government Surveillance Program

I will never, NEVER, vote for any candidate that doesn't make a solemn vow to eliminate the UN-Patriot Act, that Nazi Homeland Security outfit, and stop allowing crap like the above, which includes one of the worse things I've EVER seen, that stinking National Defense Authorization Act.
Of course, the only candidate that has done that doesn't stand any more of a chance against Obama than the current Republicrat front runner, Mitt "Yea, I'm the guy that LOST to the Candidate that LOST to Obama in the LAST Election" Romey,

Ron Paul Calls National Defense Authorization Act "Slip Into Tyranny"

2011-12-30T08:06:00.002-07:00

HAHAHAHAHAHAHAHA........................HAH!!! That chart comes from this article, ASS-et Classes, the reason I'm laughing is because, well, WITF is THE "STOCK" market, as defined by either the DOW, S and P, or NYSE??????????????????????????????// I mean, they have the NasDogs on there, but who in their right mind "invests" in those stinking things????????
Just for my information, the DOW is actually UP for the year about 6%, while the NYSE is actually DOWN for the year about 6%, so all that means is that "Da Boyz" can move 30 stocks a HELL of a lot easier than they can move about 3100 of them!!!!!
By the way, this is about an hour and a half into the quote, "Trading", day, and I'm honestly thinking about buying 100 shares of AA, just so I can double the volume on the DOW, hahahahahahahahahahaha!!!!

Ivica has a very short term idea on that DOG FSLR, by his comments it's obvious he's not to wild about trading in the current environment, IE, the low volume last week of the year. Things will change when Da Boyz come back from their Holiday break next Tuesday, I, of course, have NO idea which way "they" are going to take us, my current positions favor the long side, so on a "personal" basis, I'm, "HOPING", they take us higher, hahahahahaha, sigh, my favorite "strategy", HOPE, that is!
Anyway, I wish every one the best in the New Year, and I hope we all make a stinking killing next year!!

Dear traders,
First I will use this way to wish you best New Year party and whole year. I hope it will be better than this one and I wish you every day lots of smile, good time and peace. I hope we all will find truly reason for living and what is most important and I can promise that I will do best from myself that you all will have good time with my service.
For today I can say that will be slow day (good odds for worthless trading day) and I will be with market first hour and then I will leave. I will look for FSLR long trade based on 15 min consolidation above $33 with stop under $32.50. It can turn to more than day trade, but I believe we all know that could be risky at this moment. It will be up to trader.

Sign Up for Ivica's Trading Signals Here:

Click Here!

2011-12-29T06:44:00.007-07:00

Hhmmmmm, it always makes me wonder, a LOT, when we start getting Stat's on the Markets, when the author leads off his article with "Since 1960", hahahahahaha, anyway, "Trading the Odds" says the 90% down day yesterday was the first since 1960 during the week between Christmas and New Years, http://www.tradingtheodds.com/2011/12/singularities-between-xmas-and-new-year/, and Gold had the biggest drop during this period since 1969, pause for thought, it is. He says it's extremely bullish, I think I'll take that on, like, five minute time frames. Quantifiable Edges also had some comments on the day: http://quantifiableedges.blogspot.com/

Barchart.com's Chart of the Day - Google (GOOG) for Dec 29, 2011

To access recent archived Chart of the Day reports, please go to:
http://www.barchart.com/headlines/search.php?feed=BC&series=COD

The "Chart of the Day" is Google (GOOG), which showed up on Wednesday's Barchart "52-week High" list. Google on Wednesday posted a new 4-year high of $645.00, although it then showed some weakness by closing slightly lower by 0.09%. TrendSpotter has been Long since Dec 2 at $620.36. In recent news on the stock, Canaccord on Dec 7 initiated coverage on Google with a Buy and a target of $725. Search Engine Land on Dec 6 reported that Google controlled 44% of global online ads in 2010 and Yahoo was a distant second at 8.3%. Google, with a market cap of $205 billion, provides web-based search and advertising services.

Toni Hansen's Daily Market Action Newsletter

Hold Off on New Positions Until the New Year
With most charts at the apex of ascending triangles, the market should reveal its next move soon. Get Sam Collins take on the markets.

2011-12-28T06:48:00.004-07:00

"Capitalism in its truest form requires failure to be replaced by a stronger system; that is how it works and has since time immemorial. Without the allowance of failure we end up with a system that is dysfunctional and I think we may be close to realising this but we need the strength of leadership to allow it to break and rebuild, no matter how painful."

THAT, of course, is our MAIN problem, the idiots in DC are responsible, or, eeeeeeerrrrrr, IR-responsible, is letting the Federal Reserve do what ever they can to save THEIR precious banks, that is, the very banks that OWN the Federal Reserve. Any way, the rest of the article is here:

http://www.zerohedge.com/news/strategic-alpha-preview-2012-hope-and-expectations

I'm no Elliott Wave "Expert", but I see a pretty clear 3 waves up on the 60 minute chart on the S and P futures, with us currently in a fourth wave ascending triangle, waiting for the fifth wave higher to complete the pattern. $1300 just seems like a "logical" target, being a whole number and all that.

The futures actually broke yesterday's lows last night, until the Italian bond auction got a decent bid, and you know how much Wall Street LOOOOOOOVES DEBT, so they rallied as they consider it GREEEEAAAAAAAT that the Italians are solving their debt problem by adding MORE debt, and imposing AUSTERITY measures, hahahahahahahaha!

Wad ever, good luck to you out there in La La Land today.

Stock pick for 12/28/2011

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CREE - long
Technical view: CREE I will look for moment bounce and nothing for longer swing trade. For that we need to see stronger weekly sign. For now idea is bounce from 20sma 60 min and third try triangle possible run. That will be also second buying wave and from all this we could see that CREE have fairly good odds for run to daily 20sma or weekly 10sma. Also pay attention on 60 min 200sma resistance area. It is little aggresibe idea without seeing open action, but I hope you will understand idea. My interest is with 20sma bounce.

2011-12-27T06:08:00.004-07:00

Hey, wad da ya know, the futures aren't gapping 1% higher for a change, hahahahaha! They are actually down a couple of points, on a personal note I won't even REMOTELY consider shorting this pig unless it breaks that trend line going back a week, and even then I'd want to see it go back up and back test the trend line, or the highs from Friday.

Europe is basically flat as the Spanish PM said they were heading back into recession, WOW, can you imagine that, they SOLVE their debt problems by ADDING MORE DEBT, and then demand that they impose AUSTERITY programs, and for some dumb ass reasons they think it may send them back into another recession, WHO WOULDA THUNK THAT!!!!

The always terrific "Trading the Odds" was talking about the back to back days when 5% of NYSE stocks made new 52 week highs ahead of the Christmas break, http://www.tradingtheodds.com/2011/12/santa-and-52-week-highslows/, the, ODDS, are pretty high we close higher this week, but the part I like is that the SPY never lost more than 1.46% over the course of the next few days, so it kind of gives you a target for the lower side of a Condor trade.

Sears to close up to 120 Kmart, Sears Full-line stores Reuters

I only mention this because, to be honest, I didn't even KNOW Sear's was still operating, hahahahaha! Also, Sear's is on just about every list that has come out of predictions of what companies WON'T be around after next year! I gave up on them year's ago after they made that wonderful purchase of the Blue Light Specials, the KMart stores.
"SIC" I stand corrected, actually, the Blue Lights brought Sears, after emerging from BK in 2003, I thought that Eddie Lambert owned Sears, but he actually owned Kmart, and they brought Sears in a merger, sigh, you learn some thing every day. Anyway, all it means is that KMART will under go it's second BK in ten years by the end of 2012, according to most predictors.

Toni Hansen's Daily Action Newsletter

Stock pick for 12/27/2011

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DLTR - long
Technical view: We took DLTR on Thursday pull back and at Friday we can see that 20sma daily bounce odds are interesting again. I know that is already on the monthly move but this daily opportunity is interesting and it is (for now) in line with my expectation for this week. I think that we could see upside action on light volume. Also if we look at intraday DLTR charts we can see nice consolidation and it can be used for day trade trading plan with stop under $83. I like that kind of 叢ossibility because of DLTR will see setup then with trading plan can turn in to swing and in that case we could see great risk/reward trade.

PANL - long
Technical view: I like PANL for long above Friday high. We can see on the daily chart that PANL struggling with 10sma resistance area in hope that will be broken. It was third day with trying and odds for break up increase and because of that on my list is for long above $35.40 (Friday high) and I will look for run in to 20sma resistance area.

FSLR - short
Technical view: After new low FSLR started with rest (consolidation) and reached daily 10sma resistance area. It was first try and odds for selling continuation are fairly good and because of that I have it on list for short under Friday low, but also I follow intraday action and if won稚 be some bigger surprises after open I will look for short under $34.50 with stop above $35, but I will tell more about that when we will see open action. If won稚 be gaps then intraday trading plan will be interesting. We can see on the chart that consolidation pace is much weaker then selling pace what suggest for selling continuation. On the other side if FNSR will hole then odds for expectation what we have with PANL will increase. Conclusion: consolidation under resistance increase odds for breakup. If anyone will have any question about any of those ideas please feel free to contact me.

2011-12-26T10:11:00.002-07:00

On the LONG TERM charts, the DOW, at the top, is the ONLY one on a current buy signal, that is, price is ABOVE the MONTHLY 10 SMA. ALL of them are on a ROC buy, but the IWM is very close to issuing a sell, with the SPY edging lower. One thing the three weak ones have in common, that being the SPY, Q's and IWM, is they have that obnoxious "AVALANCHE" looking setup to them, in the circles, that's where we fall through the MA's, and then we have a weak three to five bar "rally" back up to the underside of those MA's, and then collapse. The IWM is CLEARLY the weakest of the bunch, it's within a gnat's ass of issuing a ROC sell signal, and in the greatest danger of causing serious damage to long term buy and holders.
The next two weeks are critical, IMHO, I do not, NOT, want to see us have a negative weekly close in either one of them. Of course, with Europe having solved ALLLLLLLLLLLL their problems, by adding MORE debt, and demanding LESS growth, IE, AUSTERITY, with all the LOOOOOOOOVE being shown, I highly doubt we get those negative closes. BUT, ya just never know.

2011-12-24T09:10:00.007-07:00

I'm, like, completely mystified by this relatively new relationship. Just as I am about the "stock" market being basically flat this year, and the TLT up about 27%, you woulda THUNK, the stock "markets" would be down about 27%. And why are people piling into bonds like there's no tomorrow, with stocks much higher since August?? It's a complete mystery to me.

"FUNNYMENTALS", can kiss my fricking ass!!!! AA has the fourth "cheapest" P/E in the DOW, and yet...........

It is one of nine stocks in the DOW that are LOWER for the YEAR!! In fact, FOUR of those loser's are in the top FIVE for having the LOWEST P/E's in the DOW, with only CVX squeezing in there, clearly a case of cheap becoming, well, CHEAPER! By the way, with all the yelling and screaming on Bubblevision about CSCO, I'll bet you could poll ten people, and nine of them would say CSCO was HIGHER the last YEAR!

Another one of my friends, Boyd, has joined the fracus and brought up some more interesting trivia on AA, Standard and Poor's issued a BUY rating on January 11 of this year, and STILL have it on, even though it's almost been halved, but, of course, I have to think that if they thought it was a buy at $16, THEY MUST FEEL IT'S A SCREAMING BUY NOW!! Boyd had the astute observation that S and P must have joined Cramer's stock picking service, WHICH, makes perfect sense to me, as they can save money out the Ying Yang by getting rid of all those other "ANAL-yst" they have on their payroll!!

Ya know, after weeding wad I woote, you might think I'm bearish on AA, well, far from it. I'm so confident that AA will, over the course of 2012, make AT LEAST ten percent from here, that I'm willing to issue a PERSONAL GUARANTEE!!

I, PERSONALLY, GUARANTEE, that if you take ALL your life savings, AND your grocery and booze money, and invest it in AA, AND, AA DOESN'T print $9.75 at SOME TIME between now and the end of

2012, AND, you send me your name and address in the comment section, I will personally, PERSONALLY, send you a get well soon card in the mail!!!!!

Ok, so I DON'T guarantee jack shit, other than even "experts" like Cramer and S and P can make mistakes, what I WILL guarantee, is that if AA breaks under the low's it recently made, I AIN'T GONNA BE HANGING AROUND TO SEE IT HIT $5, OR EVEN, MAYBE, 2 FRICKING DOLLARS!!!!!

2011-12-23T06:01:00.002-07:00

Futures are higher this morning, about the same as yesterday to be exact, DOW about 56 points. The Indexes all pretty much look the same, especially the XLF at the bottom with the SPY above it, they are running into the first main resistance line, and then get multiple resistance lines above it, the Q's, at the top, are under performing, mainly due to all the Tech earnings warnings, and have a lot of resistance to over come before getting back to their prior highs.
The trend is obviously higher, but I doubt we go there in a straight line, but, HEY, I've been wrong before.
Good luck to you out there in La La Land, and a Merry Christmas to every one.

Stock pick for 12/23/2011

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CSIQ - long
Technical view: CSIQ broke daily down trend and after Tuesday bear trap open and two consolidation days I will look for buying continuation. First resistance is $3.25 area, then $3.50, $3.75 and $4 area what I will look for target.

What We Can Realistically Expect From the Market's Latest Buy Signal
Resistance lines are seldom broken on low-volume, pre-holiday sessions. Get Sam Collins take on the markets.

Regional Banks Coming Back to Life
The SPDR KBW Regional Banking ETF broke its long-term downtrend yesterday. See my trade.

We're coming up on the WOOO HOOO LINE, that's 1257.64 on the SPX, that will put us EVEN for the year, hahahahaha, I can just see Bubblevision now, THE PARTY HATS WILL BE OUT IN FULL FORCE!!
Speaking of Bubblevision, one of my friends, who was ragging my ass about trying to shuffle AA off on some poor unsuspecting "investor", gave me a little piece of trivia I didn't know about, evidently the biggest Bubblehead of all on that network, that Cramer guy, picked AA last year, AS HIS STOCK OF THE YEAR, SAYING IT WOULD BE OVER $20 BY YEAR END!!
All I can say is, I WOULD SURE LOVE IT IF IT DOES, HAHAHAHAHA!!! I, like, NEVER, watch his show, but I can imagine, that he talks about that call, like, EVERY DAY, right........ RIGHT?????
Anyway, we all make mistakes, right........... RIGHT????? I, however, NEVER, make mistakes, usually, I'm just flat WRONG!!

2011-12-23T00:02:00.015-07:00

1945 Freeman Field Air show

https://www.facebook.com/photo.php?v=1723870789084

Attached is a 1945 airshow at Freeman Army Airfield in Indiana, featuring captured German WWII aircraft...
Some observations:
Number one, I LOOOOOVE the music, especially the opening Glen Miller "In the Mood", and the incomparable "MoonLight Serenade", sigh, I think that was the last song in the movie.

Number two, the Marching Band is almost all women, as most of the men in the country had not gotten back from the war yet.
Speaking of the women, at 1:24 into the film you see two young women walk by holding hands, the camera man jerks around to pick up a close up, hahahahahahahahahahaha........you know, the men had been gone for five years and, well, you had to make do!! Actually, I'm old enough that I remember seeing the girls hold hands all the time, you didn't think any thing of it! Now, of course, you see two girls holding hands, and, well, YOU BETTER NOT THINK ANY THING OF IT!!
Number three, what a BLAST that must have been, I'm talking about the C-47 that comes blasting by and snatch's the CG-4A glider off the ground, wow, what a thrill that must have been!
They spent a lot of time looking at the captured German helicopters, YES, the Germans had helo's then, and of course the ME-263 German rocket plane, the ME-109 German jet, etc etc etc, not to mention their terror weapons like the V-1 and V-2's.
Freeman Army Airfield was closed down in 1946 and is now Freeman Airport, serving Seymour, Indiana.

Since I'm a little misty over the music, one of my all time fav's, I think it was 1952.

2011-12-22T05:14:00.006-07:00

If your in to some late Holiday shopping, my personal opinion is you could probably do a lot worse than AA. It's had a successful double bottom "test" (SO FAR!), and the indicators are showing some positive divergences, with my main one being the MFI at the bottom, as money "seems" to be flowing into it.
It's been weak because of the perceived slow down in China, I went back over the last ten years in this thing and looked at it's P/E, it's average over that ten year period is 24.8, and currently it trades at 9.85, so, you, COULD, say, it's under valued, but of course, it, COULD, get cheaper. The Holiday "giving" seems to be upon us, and this could go higher with the markets, at least into the first couple of weeks of the next year. It's the first to report earnings next month, and I'm not sure if I'd be sticking around for it, especially if you are lucky enough to get some decent gains in it. The "bad" thing about it is, of course, it has a LOT of over head supply above it, as people will be selling if it goes higher, trying to get out of trapped positions, it really won't get over that area until it gets back above $10, so if you are more conservative, you might wait to see how it does at that point.

Another Big Cap I like is GE, this thing has really been on the move since it raised it's dividend again. Yesterday it closed above a heavy resistance number at $17, and if it can continue higher the "equal move" scenario gives a target back up to $19-19.50, HOWEVER, it's obviously a little over bought, AND, it stopped right on the declining 200 DMA, in the circle, which is also providing resistance. Personally, I'd like to see it rest, pull back to around $16.50, and then take another run at it. Of course, it may just blast off and leave every one behind, which would make it a little tough to swallow, but ya gotta do wad ya gotta do!

I should give you a "disclaimer" here, and let you know that I'm currently "invested" in these two stocks, and my whole point of mentioning them here is to try and paint enough of a rosy picture, that I might suck some one into taking those shares off my hands, AT MUCH HIGHER PRICES, WOOOO HOOOOO!

Futures are higher this morning, ahead of the weekly jobless report, but in looking at the DAX, it also opened higher, about 1%, and then basically traded flat the rest of the day, which is probably what the Indexes will do here, as most people start taking the Christmas break, so I don't plan on doing much day trading.
Good luck to you, and have fun out there in La La Land.

Stock pick for 12/22/2011

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FAST - long
Technical view: I will use FAST 60 min consolidation for another buying wave and run to $45 what is equal move and number resistance area. Also we can see on the daily time frame that intraday consolidation for daily continuation pattern. Continuation pattern stop is usually under previous day low ($42.75), but if we won’t see pull back under 20sma 15 min we can use stop under $43.00 support area.

When You Should Decide to Turn Bullish
Despite fits and starts, the big money has not stepped up to the plate. Get Sam Collins take on the markets.
IBM No Longer Overpriced - Buy Now
The stock has corrected to our buy point. See IBM's target.

Not much change from yesterdays comments, the RSI went on a buy, that's about it, I'm waiting on the test of that upper trend line. A good weekly payroll report in the morning and we are probably off to the races.

2011-12-22T00:44:00.001-07:00

The "REAL" WAR HORSES!

2011-12-21T06:51:00.004-07:00

Stock pick for 12/21/2011

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FIS - long
Technical view: Another bear trap and I like daily cup and handle. I will look for buying continuation and run to previous high or 200sma daily resistance area. Monday volume is higher and I will use intraday consolidation for trading plan. There are more similar charts, but I really don’t feel comfortable when to many charts are same and in that case I feel that some trick is around and because of that reason what trade I will take or not depends on bigger time frame charts and room for possible action

Strange, we have this huge UP day, and the RSI didn't turn up, I'm not to sure about this Ninja Trader platform yet, it turned up on my other platforms, although not much. One thing's for sure, WHEN (not "IF"), we attack the upper trend line, we are going to get a pretty severe negative divergence on both it and the MACD. I won't be getting to heavily "invested" until we can take out that upper trend line, just my personal opinion of course. By, "invested", I mean I hold some thing longer than five minutes.
That may not happen today though, as ORCL kind of rained on the parade after hours last night by meecing earnings and warning, this following earlier warnings out of NasDog land, notably INTC and TXI and XLNX, etc etc. Changewave has been warning for some time about a lack of Corporate IT future spending plans, especially in software, and the ORCL meece feets right in with that.
Speaking of Changewave, I got their latest Corporate survey last night, and they had a couple of pretty interesting Stat's, one is that only 5% of the respondents said it was EASIER to borrow money as compared with 90 days ago, while 17% said it was harder. The other, and more critical, was the plans on Capital spending in the first quarter of next year, only 1 stinking percent said they had plans to INCREASE capital spending, and when asked why the lack of spending, the answer just about knocked me out of my chair, you would have THUNK, it would be the Euro crisis, which is some what true as 13% said they would be DECREASING capital spending due to the Eurozone debt crisis, but fully 21% said it was because of the US DEBT CRISIS............................HAHAHAHAHAHAHAHAHAHAHA!! I THOUGHT WE DIDN'T HAVE A DEBT CRISIS HERE, ONLY EUROPE HAD THOSE PROBLEMS???!!!

Toni Hansens Daily Market Letter

BAC Downtrend Still Intact

By Mike Paulenoff, MPTrader.com

See article with chart.

2 More Major Indices Issue Sell Signals
The Dow industrials and transports are breaking down just as the S&P 500 and Nasdaq did. Get Sam Collins take on the markets

2011-12-21T00:43:00.002-07:00

Subject: MARINE MOTIVATIONAL POSTERS

2011-12-20T06:47:00.002-07:00

Part 1 of a three part series on the single most important job of a true, "INVESTOR", that is, REBALANCING your portfolio between stocks and bonds:
http://advisorperspectives.com/dshort/guest/Rebalancing-Resurrected-01.php

Stock pick for 12/20/2011

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AAPL - short
Technical view: I found several similar 60 min bear flag setups. AAPL is one of them. I like to note that longer consolidation will decrease risk, but on the other side in situation like AAPL after setup we could see strong selling pace what will be daily weakness confirmation. If we won’t see stronger pace after setup then odds for false breakdown will increase. I like AAPL under 20sma 60 min and I will use stop above 200sma 60 min. Those two lines I use for trading plan. First strong daily support area is 200sma area.

A, "possible", $NYMO positive divergence yesterday, as the SPY made new lows for the period, BUT, it was a very bad day in the $NYAD's, and when in doubt, I ALWAYS go with the A/D's, the good part about it is we shall know pretty soon whether it was telling some thing or not, we stopped right on the lower trend line, so we either hold here and start back up, or a gap down and we, "probably", see the November lows like lickety split.

Why Traders Should be Cautious This Week
The trend is sideways to down, and the chart of each major index is negative. Get Sam Collins Take on the markets.

How Shanghai Weakness Impacts $SPX

By Mike Paulenoff, MPTrader.com

See article with chart.

U.S. Bridges, Roads Being Built by Chinese Firms | Video - ABC News

2011-12-20T00:00:00.000-07:00

I believe this is from the French Film "Animals are People Too" in 1974, There are trees that grow in Africa which, once a year, produce very juicy fruit that contain a high percentage of alcohol. The tree is known as the "Elephant Tree," because elephants have a fondness for the fruit.

Because there is a shortage of water in that area, as soon as the fruits are ripe, animals come there to help relieve themselves of the heat. You will easily know who had over-indulged... on purpose or not!

2011-12-19T05:22:00.004-07:00

TONI HANSEN'S MARKET OUTLOOK

Stock pick for 12/19/2011

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TWX - long

Technical view: I know that someone can say: again cup and handle pattern. Look like we have many similar patterns out there. But TWX monthly continuation pattern was reason why I brought TWX on list for Monday. Friday volume was higher and break above $35.38 will be monthly continuation pattern setup confirmation. In that case we can look for possible few weeks swing trade and run to $38.50 (previous weekly high) and $40 resistance area. TWX daily bars can overlap a lot and because of that I used bigger stop then 15 min 200sma. Risk will be same; it will be just less lots.

Trade of the day for 12/16/2011

Entry chart

2011-12-18T07:53:00.000-07:00

The top chart comes from this article, baltic-dry-disputes-china-collapse.

Number one, it's funny how two people can look at the same chart, and come up with entirely different interpretations, BUT, I guess that's what makes markets!

What I see, in the bottom chart, is slightly different. What I SEE, is that on the far left side, the Baltic Dry gave a FALSE signal in 05' when it made a HIGHER HIGH, and the FXI continued down, eventually making new lows for the period, and the Baltic subsequently crashed with it. THEN, at 1/3/06, both the Baltic and FXI CONFIRMED each other by making HIGHER LOWS at the same time.

THEN, you go to the PEAK at 1/4/08, and the Baltic Dry gave ANOTHER FALSE signal, as it made a HIGHER HIGH, and then, AGAIN, crashed along with the FXI to make new all time LOWS!

So NOW, on the far right side, the Baltic actually made a LOWER HIGH at 1/5/10, while the FXI continued on to make NEW highs, and is currently crashing, trying to catch up to the crash in the Baltic Dry!

I see nothing, NADA, ZERO, that looks REMOTELY similar to the bottom they BOTH made at 1/3/06!

But, like I said, I guess that what makes MARKETS!

I would anticipate, although I'm NOT betting on it, YET, that the Baltic Dry makes NEW ALL TIME LOWS, to catch up to the current BEAR MARKET in the FXI, and we get a flush out in the Shippers, at which point, some of the survivors in that sector will be the INVESTMENT OPPORTUNITY OF A LIFE TIME!

You know, this is UNSTINKING FRICKING BELIEVABLE, SEC charges ex-Fannie, Freddie CEOs with fraud, I thought they were talking about the REAL crook in that corrupt bunch, Franklin Raines, http://en.wikipedia.org/wiki/Franklin_Raines.

Number one, WAY TO GO SEC, YOUR ONLY SEVEN STINKING YEARS TO LATE!!

And Number Two, I shiver to think how much it's going to cost US, THIS TIME, when they get done with them, hahahahahaha! I'm referring to the SEC's quote, "Prosecution", of Raines in that article about him, the OFHEO actually sued him and a couple of his co-horts for $110 million in penalties and $115 million in returned bonuses, that's, BONUSES, not his SALARY, which was $20 million a year at one point!

So get this, we settled for $3 million, WHICH, as the article says, WAS PAID FOR BY FANNIE'S INSURANCE POLICIES, and THEN, WE, turned right around, AND SUED OURSELVES AND MADE A SETTLEMENT WITH............OURSELVES........... WHEN THE SEC AND OFHEO GOT A RECORD $400 MILLION CIVIL FINE FROM.................OURSELVES!!!!........... WHEN THEY COLLECTED IT FROM FANNIE MAE!!!!!!!!!!!!!!!!!!!!!!

JUST UNSTINKING FRICKING BELIEVABLE!!!!!!!!!!

Like I said, HOW MUCH IS THE SETTLEMENT WITH THESE GUYS GOING TO COST.....................ME!!!!!............THIS TIME!!!!!!!!!!!

Here's another doozy that goes right along with the rest of this, Friends of Angelo!!

Until we send every one of these Aholes out to meet the Iron Maiden on PRIME TIME PBS, and burn DC to the ground and scatter the ash's to the four corners of the Country, we will never, NEVER, be able to solve our problems.