Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

7 Pages (Click to Jump) V   1 2 3 4 > » 

kelt
Posted on: Jun 12 2010, 02:49 PM


Group: Member
Posts: 1,359

Unless you have illustrator, you might have to print screen and paste it into MS paint, crop it and save as jpg.

Or can you right click the photo and have a save image in the drop down box?
  Forum: Off Topic Chat

kelt
Posted on: Jun 12 2010, 12:44 PM


Group: Member
Posts: 1,359

June 11 2010 CNBC SQUAWKBOX EUROPE

http://www.mclarenreport.net.au/articles/a...ROPE/Page1.html

Charting the S&P 500

http://www.cnbc.com/id/15840232?video=1519216576&play=1
  Forum: Macro Factors

kelt
Posted on: May 29 2010, 08:38 PM


Group: Member
Posts: 1,359

To be honest, I had no idea.
  Forum: Off Topic Chat

kelt
Posted on: May 29 2010, 08:06 AM


Group: Member
Posts: 1,359

Bill Mclaren

http://www.mclarenreport.net.au/articles/a...rope/Page1.html

Eric Sprott

http://preview.bloomberg.com/news/2010-05-...teriorates.html
  Forum: Macro Factors

kelt
Posted on: May 28 2010, 11:33 AM


Group: Member
Posts: 1,359

I don't really care about what the USD does, all I care about is being on the right side of the trade.
  Forum: Macro Factors

kelt
Posted on: May 28 2010, 10:57 AM


Group: Member
Posts: 1,359

Dollar Primed for Collapse by End June: Charts

QUOTE
The dollar index suggests the greenback will continue to stengthen until the end of June, with a target near $0.89-$0.91, before it collapses to a downside target of $0.81.


http://www.cnbc.com/id/37349789
  Forum: Macro Factors

kelt
Posted on: May 28 2010, 09:57 AM


Group: Member
Posts: 1,359

Investment Outlook

Bill Gross | June 2010

http://www.pimco.com/LeftNav/Featured+Mark...ent+Outlook.htm
  Forum: Investment Discussion

kelt
Posted on: May 28 2010, 08:57 AM


Group: Member
Posts: 1,359

Wall Street's War

By Matt Taibbi

Congress looked serious about finance reform – until America's biggest banks unleashed an army of 2,000 paid lobbyists

http://www.rollingstone.com/politics/news/;kw=[36899,157778]
  Forum: Investment Discussion

kelt
Posted on: May 25 2010, 09:18 AM


Group: Member
Posts: 1,359

TED - Richard Sears - Planning for the end of oil

http://www.youtube.com/watch?v=GGScU5ESei4...layer_embedded#!
  Forum: Investment Discussion

kelt
Posted on: May 25 2010, 08:26 AM


Group: Member
Posts: 1,359

G'day Wolv,

I'm neither for or against the class action.

With regards to being overdrawn, if the banks were so worried they wouldn't allow it, full stop. It's easy money for the banks for doing jack #$%.

I'm pretty sure in the past I asked a bank to not allow my business account to be overdrawn and they said they wouldn't do it, or were not allowed.

It's purely a money grab and I can't see how people can describe any other way.
  Forum: Off Topic Chat

kelt
Posted on: May 24 2010, 09:21 AM


Group: Member
Posts: 1,359

This sucks:-

http://www.theonion.com/video/new-google-p...-ads-dir,17470/
  Forum: Off Topic Chat

kelt
Posted on: May 20 2010, 03:12 PM


Group: Member
Posts: 1,359

Right you are.

Wonder how much our market is affected by Rudd and his cronies, if any. Monies seems to be leaving our shores at a quick rate.

I was also thinking the USD may need more of a breather.
  Forum: Macro Factors

kelt
Posted on: May 20 2010, 11:38 AM


Group: Member
Posts: 1,359

Our market could bounce here.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: May 17 2010, 12:24 AM


Group: Member
Posts: 1,359

Wow I didn't know Keiser invented it.

I just can't believe it is allowed, it is so dodgy. The exchanges must make alot of money from it.
  Forum: Off Topic Chat

kelt
Posted on: May 16 2010, 10:23 AM


Group: Member
Posts: 1,359

How We Became Debt Slaves And Learned to Love It

http://www.marketoracle.co.uk/Article19531.html



QUOTE
Let’s look at some hard numbers. The financial sector in the US and other Western nations is about a third of the total GDP right now. That is more than any other industry and is about equal to total government expenditures—on military, social services (such as they are), education and health care (such as it is), infrastructure, R&D, etc.

If you look at corporate profits, the financial sector takes an even bigger slice of the pie, about 40 percent overall. The financial “industry” is in control of this country. It makes the most money, it contributes the most grease to the machinery of politics, and it has a stranglehold on that vital commodity we call money—deciding who can have it and who can’t.


  Forum: Investment Discussion

kelt
Posted on: May 16 2010, 09:44 AM


Group: Member
Posts: 1,359

King World News - Eric Sprott

http://www.kingworldnews.com/kingworldnews...ric_Sprott.html
  Forum: Macro Factors

kelt
Posted on: May 15 2010, 05:56 PM


Group: Member
Posts: 1,359

Here is the Mclaren video.

http://www.cnbc.com/id/15840232?video=1493944622&play=1
  Forum: Macro Factors

kelt
Posted on: May 15 2010, 05:55 PM


Group: Member
Posts: 1,359

Trading Discipline

Attached File  mantra.pdf ( 121.81K ) Number of downloads: 103
  Forum: Investment Discussion

kelt
Posted on: May 15 2010, 12:19 AM


Group: Member
Posts: 1,359

Who's Afraid Of High-Frequency Trading?

I'm not afraid of it, I just think it is wrong. Legal fraud.

Providing liquidity.... What a load of absolute bullshit. The markets were liquid before they came along and will be when they are eventually banned.

Leeches on a very flawed system.

http://dealbook.blogs.nytimes.com/2009/12/...quency-trading/
  Forum: Investment Discussion

kelt
Posted on: May 15 2010, 12:07 AM


Group: Member
Posts: 1,359

It seems like a game of financial poker between the Europeans and the Hedge Funds in America, and the Hedge Funds called their bluff.
  Forum: Investment Discussion

kelt
Posted on: May 14 2010, 04:09 PM


Group: Member
Posts: 1,359

May 14 2010 CNBC SQUAWKBOX EUROPE REPORT

http://www.mclarenreport.net.au/articles/a...PORT/Page1.html
  Forum: Macro Factors

kelt
Posted on: May 14 2010, 11:47 AM


Group: Member
Posts: 1,359

Founding Fathers Discuss The Constitution
Attached thumbnail(s)
Attached Image



 
  Forum: Off Topic Chat

kelt
Posted on: May 14 2010, 10:27 AM


Group: Member
Posts: 1,359

Martin Armstrong

Greek Debt Crisis--The Preview of What is to Come 5-6-10


http://www.scribd.com/doc/31308378/Greek-D...-to-Come-5-6-10
  Forum: Investment Discussion

kelt
Posted on: May 13 2010, 12:06 PM


Group: Member
Posts: 1,359

Considering the rebound in the markets Copper and Light Crude are struggling.

Wonder if that is telling us something.
  Forum: Macro Factors

kelt
Posted on: May 13 2010, 07:58 AM


Group: Member
Posts: 1,359

Harry Dent - May Update

http://www.youtube.com/watch?v=AEsAjYXlLuI
  Forum: Macro Factors

kelt
Posted on: May 10 2010, 02:57 PM


Group: Member
Posts: 1,359

That's fantastic....
  Forum: Investment Discussion

kelt
Posted on: May 10 2010, 02:43 PM


Group: Member
Posts: 1,359

Moody's Faces Possible SEC Action

http://online.wsj.com/article/SB1000142405...sNewsCollection
  Forum: Investment Discussion

kelt
Posted on: May 10 2010, 12:41 PM


Group: Member
Posts: 1,359

The Quants' Computers All Sold At The Same Time

http://www.forbes.com/2010/05/07/nyse-trad...nd-lenzner.html
  Forum: Investment Discussion

kelt
Posted on: May 10 2010, 10:45 AM


Group: Member
Posts: 1,359

Sensible interview with Kloppers:-

http://www.youtube.com/watch?v=ofqZ0RWxhXk...ch_response_rev
  Forum: Off Topic Chat

kelt
Posted on: May 7 2010, 11:12 AM


Group: Member
Posts: 1,359

It sounds dodgy. Why have they put a percentage limit on it? What about the poor sods that lost 55%.
  Forum: Macro Factors

kelt
Posted on: May 6 2010, 12:10 AM


Group: Member
Posts: 1,359

weekly chart:-
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: May 5 2010, 06:46 PM


Group: Member
Posts: 1,359

As part of Labors spin you have to use the words 'working families' atleats once in every sentence.
  Forum: Off Topic Chat

kelt
Posted on: May 5 2010, 11:46 AM


Group: Member
Posts: 1,359

You could be right Mista. There seems to be alot of blowoffs lyc, mak etc.

Attached Image

  Forum: Macro Factors

kelt
Posted on: May 5 2010, 10:15 AM


Group: Member
Posts: 1,359

Martin Armstrong

An Outlook for the Land Downunder 5-2-10

http://www.scribd.com/doc/30821496/An-Outl...ownunder-5-2-10
  Forum: Investment Discussion

kelt
Posted on: May 4 2010, 11:04 AM


Group: Member
Posts: 1,359

Daily and Weekly charts of copper.
Attached thumbnail(s)
Attached Image

Attached Image


 
  Forum: Macro Factors

kelt
Posted on: May 3 2010, 10:12 PM


Group: Member
Posts: 1,359

This puts the Greek bailout into perspective:-

Attached Image



http://www.nytimes.com/interactive/2010/05...html?ref=global
  Forum: Investment Discussion

kelt
Posted on: May 3 2010, 12:26 PM


Group: Member
Posts: 1,359

Attached Image

  Forum: Off Topic Chat

kelt
Posted on: May 2 2010, 01:46 PM


Group: Member
Posts: 1,359

The Feds vs. Goldman

The government's case against Goldman Sachs barely begins to target the depths of Wall Street's criminal sleaze
By Matt Taibbi

Attached Image

http://www.rollingstone.com/politics/news/;kw=[3351,136554]
  Forum: Investment Discussion

kelt
Posted on: May 2 2010, 10:46 AM


Group: Member
Posts: 1,359

With the Henry Tax Review coming out I thought this was appropriate.
Attached image(s)
Attached Image

 
  Forum: Off Topic Chat

kelt
Posted on: May 2 2010, 10:44 AM


Group: Member
Posts: 1,359

This is something along similar lines. It's pretty silly, but still made me laugh.

The Fabulous Optical Follies of Dr Zachary A. Weiner esq.

http://www.scribd.com/doc/11146/Amazing-Optical-Illusions
  Forum: Off Topic Chat

kelt
Posted on: May 1 2010, 10:05 PM


Group: Member
Posts: 1,359

http://www.xtranormal.com/watch/6501207
  Forum: Off Topic Chat

kelt
Posted on: May 1 2010, 10:30 AM


Group: Member
Posts: 1,359

The Greek debt crisis is spreading. Europe needs a bolder, broader solution—and quickly

QUOTE
THERE comes a moment in many debt crises when events spiral out of control. As panic sets in, bond yields lurch sickeningly upwards and fear spreads to shares and currencies. In September 2008 the failure of once-stellar Lehman Brothers almost brought down the world's banking system. A decade earlier, Russia's chaotic default on its sovereign debt rocked the credit markets, felling Long Term Capital Management, a hugely profitable American hedge fund. When the unthinkable suddenly becomes the inevitable, without pausing in the realm of the improbable, then you have contagion.

The Greek crisis—or more properly Europe's sovereign-debt crisis—looks dangerously close to that.


http://www.economist.com/opinion/displayst...ory_id=16009099
  Forum: Investment Discussion

kelt
Posted on: May 1 2010, 09:47 AM


Group: Member
Posts: 1,359

I heard Twiggy say something similar.
  Forum: Off Topic Chat

kelt
Posted on: May 1 2010, 09:08 AM


Group: Member
Posts: 1,359

G'day Hungry,

It was just speculation I read in one online news website. I don't know which one but were saying our great Labor Party laugh.gif will decrease tax on bank deposit gains, saving the taxpayer 1 bill but add more tax to super costing us 10bill. Nice offset.

Here is a different take:-

Funds await super Sunday

QUOTE
This could include increasing the super contribution through the introduction of tax scales on super so that every working Australian pays zero tax on the first $5000 of super and then moves up the scale up to 30 per cent.


http://www.smh.com.au/business/federal-bud...00429-twjy.html

Going on what they just did with cigarettes nothing will surprise me.

kelt
  Forum: Off Topic Chat

kelt
Posted on: Apr 30 2010, 11:33 PM


Group: Member
Posts: 1,359

Reports superannuation capital gains tax will go from 15% to 30%. Thanks Kevin. biggrin.gif
  Forum: Off Topic Chat

kelt
Posted on: Apr 30 2010, 03:43 PM


Group: Member
Posts: 1,359

Unfortunately it makes alot of sense.

Bookmark this page they have some great articles

http://news.tradersnarrative.com/recent
  Forum: Investment Discussion

kelt
Posted on: Apr 29 2010, 08:43 PM


Group: Member
Posts: 1,359

Confessions Of A Wall St. Nihilist: Forget About Goldman Sachs, Our Entire Economy Is Built On Fraud
  Forum: Investment Discussion

kelt
Posted on: Apr 29 2010, 02:30 PM


Group: Member
Posts: 1,359

Berating the Raters

QUOTE
No, the e-mail messages you should be focusing on are the ones from employees at the credit rating agencies, which bestowed AAA ratings on hundreds of billions of dollars' worth of dubious assets, nearly all of which have since turned out to be toxic waste. And no, that's not hyperbole: of AAA-rated subprime-mortgage-backed securities issued in 2006, 93 percent — 93 percent! — have now been downgraded to junk status.


http://www.nytimes.com/2010/04/26/opinion/26krugman.html
  Forum: Investment Discussion

kelt
Posted on: Apr 29 2010, 01:43 PM


Group: Member
Posts: 1,359

Crunch Time for Stocks

How the U.S. market handles negative factors, from the European debt crisis to weakening copper prices, will tell the tale.

http://online.barrons.com/article/SB127247...tting_technical
  Forum: Macro Factors

kelt
Posted on: Apr 28 2010, 12:08 PM


Group: Member
Posts: 1,359

Hello db76

I reckon SEC are only going after Goldman to get the Republicans onside for the financial reforms. They are up against the powerful Wall St lobby. They may only get a fine but hopefully their reputation could take a big hit.

http://www.washingtonpost.com/wp-dyn/conte...0042303780.html

I may be nieve but I can't believe selling triple A rated dogshit to the rest of the world as being legal, for the simple fact that it shouldn't have been rated triple A.

It's just not right what Wall St have done.

Kelt
  Forum: Investment Discussion

kelt
Posted on: Apr 28 2010, 10:29 AM


Group: Member
Posts: 1,359

The grilling of Blankfein:-

http://dailybail.com/home/watch-live-embed...koning-tes.html
  Forum: Investment Discussion

kelt
Posted on: Apr 27 2010, 10:08 AM


Group: Member
Posts: 1,359

BILL MOYERS JOURNAL | James Kwak and Simon Johnson

http://www.youtube.com/watch?v=itFl9MEHXzo...layer_embedded#!
  Forum: Investment Discussion

kelt
Posted on: Apr 27 2010, 09:56 AM


Group: Member
Posts: 1,359

The Imminent Crash Of The Oil Supply

http://www.marketoracle.co.uk/Article18948.html
  Forum: Investment Discussion

kelt
Posted on: Apr 25 2010, 01:01 PM


Group: Member
Posts: 1,359

Here is an interview with Larry Summers, the guy who repealed the Glass Steagall Act. What a @%^@$ muppet. Why are they still listening to these morons.

Summers: Bank Reforms Would Halt 'Too Big to Fail' Mentality

http://www.pbs.org/newshour/bb/business/jan-june10/summers_04-22.html
  Forum: Investment Discussion

kelt
Posted on: Apr 25 2010, 11:07 AM


Group: Member
Posts: 1,359

Max Keiser with Karl Denninger - On the Edge

http://www.youtube.com/watch?v=LoR-A3gge5U...player_embedded
  Forum: Investment Discussion

kelt
Posted on: Apr 24 2010, 06:25 PM


Group: Member
Posts: 1,359

Another backflip.
  Forum: Investment Discussion

kelt
Posted on: Apr 24 2010, 05:49 PM


Group: Member
Posts: 1,359

Interactive Brokers is cheap and you can have your money in Aud or Usd.

Couple of negatives are, their charting is usless and your stops don't seem to trigger straight away.
  Forum: Off Topic Chat

kelt
Posted on: Apr 22 2010, 10:41 AM


Group: Member
Posts: 1,359

Jeremy Grantham, founder and chief strategist at GMO, on bubbles. He says two currently exist in UK and Australian house prices and two could form in emerging markets and commodities. He counsels caution and investment in comanies like Coca-cola.

http://www.ft.com/cms/86a30e34-dfd5-11dc-8...fromSearch=n%3E
  Forum: Investment Discussion

kelt
Posted on: Apr 20 2010, 08:30 AM


Group: Member
Posts: 1,359

Can U.S. Dollar Remain the World's Reserve Currency?

http://www.youtube.com/watch?v=0RFFcyVuG88...player_embedded
  Forum: Investment Discussion

kelt
Posted on: Apr 18 2010, 08:21 PM


Group: Member
Posts: 1,359

Bearish wedge forming on Hogs.
Attached thumbnail(s)
Attached Image



 
  Forum: Macro Factors

kelt
Posted on: Apr 17 2010, 05:28 PM


Group: Member
Posts: 1,359

Bill Mclarens latest:-

Charts: S&P Faces Correction

http://www.cnbc.com/id/15840232?video=1470382904&play=1

April 16 2010 CNBC SQUAWK BOX EUROPE

http://www.mclarenreport.net.au/articles/a...ROPE/Page1.html
  Forum: Macro Factors

kelt
Posted on: Apr 17 2010, 10:25 AM


Group: Member
Posts: 1,359

It's about time the SEC grew some balls and went after the 'Vampire Squid'.

The cynic in me thinks it will probably end up with a slap on the wrist and a small fine.
  Forum: Investment Discussion

kelt
Posted on: Apr 15 2010, 11:05 AM


Group: Member
Posts: 1,359

Is that the right link?

I seem to get some author.
  Forum: Investment Discussion

kelt
Posted on: Apr 12 2010, 12:57 AM


Group: Member
Posts: 1,359

Looting Main Street

'How the nation's biggest banks are ripping off American cities with the same predatory deals that brought down Greece.'

http://www.rollingstone.com/politics/story...ing_main_street
  Forum: Investment Discussion

kelt
Posted on: Apr 9 2010, 09:01 AM


Group: Member
Posts: 1,359

Here is a chart I did for someone else. Support around 40. fib level too. If it breaks don't see any support till around 20.
Attached thumbnail(s)
Attached Image


 
  Forum: By Share Code

kelt
Posted on: Apr 8 2010, 01:09 PM


Group: Member
Posts: 1,359

maybe not.
  Forum: By Share Code

kelt
Posted on: Apr 8 2010, 12:42 PM


Group: Member
Posts: 1,359

Yeah, I don't see any reason why it can't.
  Forum: By Share Code

kelt
Posted on: Apr 8 2010, 12:29 PM


Group: Member
Posts: 1,359

Pretty amazing, considering it hit 17.5c a few weeks ago. biggrin.gif
  Forum: By Share Code

kelt
Posted on: Apr 6 2010, 11:36 PM


Group: Member
Posts: 1,359

Hello Arty,

I quite like the idea applied to commodities. Always seem to have some commodities hitting highs while others hitting lows. It would help if you had the guys purse.

I see uranium at major lows. Natural gas looks good value. Maybe grains.

Pretty boring way to make money though.
  Forum: Investment Discussion

kelt
Posted on: Apr 6 2010, 10:52 PM


Group: Member
Posts: 1,359

Jim Rogers' Trading Secret

Dan Ferris writes: If you're a trader, you're a loser. That's what a Journal of Finance study found.

As the two Journal of Finance researchers said in their article, "Trading is hazardous to your wealth." They studied over 66,465 online trading accounts for a period of six years, from 1991 through 1996. They found that the average trader's returns were about 6.5% less than the overall market. That's even worse than most mutual fund managers, who routinely do about 4.8% worse than the market.

Nobody ever tells you that actively trading in and out of stocks every day is too risky and too hard for most people. And the more active the average trader is, the more he loses.

For one thing, there's too much competition. As a trader, you must compete against gigantic firms, like Goldman Sachs, that have billions of dollars of trading capital and armies of people sifting through mountains of information – information they often get before anyone else. Their executives are in touch with the highest levels of government around the world. No wonder traders do so poorly on average.

Another thing is, most traders have no idea that they should use small position sizes and strict stop losses. They take huge risks against the Goldman Sachs of the world... so one bad trade blows them out of the water.

There's a much better alternative to getting involved in all this action...

Building enormous wealth in the stock market is possible – and it's not nearly as complicated as Wall Street, CNBC, and a zillion newspapers and magazines would have you believe.

If you want to get rich investing, you should listen to someone who has actually done it. Jim Rogers knows. Rogers wrote Investment Biker, about how he drove around the world on a motorcycle, looking for new investment ideas. He's not sitting in front of a computer trading his online brokerage account all day.

Here's what Roger's says you should do to get rich:

Take your money, put it in Treasury bills or a money-market fund. Just sit back, go to the beach, go to the movies, play checkers, do whatever you want to.

Then something will come along where you know it's right. Take all your money out of the money-market fund, put it in whatever it happens to be and stay with it for three or four or five or 10 years, whatever it is.

You'll know when to sell again, because you'll know more about it than anybody else. Take your money out, put it back in the money-market fund, and wait for the next thing to come along. When it does, you'll make a whole lot of money.

Billionaire investor Warren Buffett doesn't day trade either. Like Rogers, he's an investor. A few years ago, in Omaha, someone asked Buffett about managing money. As usual, he cut through all the crap and gave simple, easy-to-follow advice that made sense:

Your default position should always be short-term instruments. And whenever you see anything intelligent to do, you should do it.

That just means you should keep your money in cash and wait for an investment to come along which you understand well, is safe, and looks like a winner.

Buffett clearly follows his own advice. His latest Berkshire Hathaway balance sheet shows total cash and equivalents of more than $46 billion, equal to about 27% of the entire company's current market value. That's a boatload of cash. He's been very active the past year or so, but he still keeps plenty of cash on hand. You should do that, too.

There's just one problem with this simple strategy of sitting in cash and investing only when circumstances are ideal: human nature. Nobody wants to be patient. Everybody wants to buy and sell quickly and make a fortune overnight. Judging from the results in that Journal of Finance study, they really just want to buy and sell quickly, whether they make a fortune or not!

Of course, the average investor's impatience is just another easy way for us Extreme Value types to get an advantage. We can sit in cash, wait for something too good to pass up, then buy it and hold on.

What could be simpler than that?

Good investing,

Dan

http://www.marketoracle.co.uk/Article18364.html
  Forum: Investment Discussion

kelt
Posted on: Apr 6 2010, 10:19 AM


Group: Member
Posts: 1,359

Feeder cattle could be a good short here. Seems pretty extended. RSI 88.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Apr 1 2010, 03:45 PM


Group: Member
Posts: 1,359

It's just a melt up isn't it?

The weekly indicators are starting to get overbought. Have a few gann/fib turns April 6th through 12th.
  Forum: Macro Factors

kelt
Posted on: Apr 1 2010, 02:28 PM


Group: Member
Posts: 1,359

I wish some of you people would show some self restraint, as someone pointed out a few days ago alot of these threads are turning into mush.
  Forum: By Share Code

kelt
Posted on: Apr 1 2010, 01:39 PM


Group: Member
Posts: 1,359

Investment Outlook

Bill Gross | April 2010

http://www.pimco.com/LeftNav/Featured+Mark...ril+2010+IO.htm
  Forum: Investment Discussion

kelt
Posted on: Apr 1 2010, 08:41 AM


Group: Member
Posts: 1,359

Good-Bye: Truth Has Fallen and Taken Liberty With It

by Paul Craig Roberts

http://www.globalresearch.ca/index.php?con...a&aid=18339
  Forum: Investment Discussion

kelt
Posted on: Mar 31 2010, 09:37 AM


Group: Member
Posts: 1,359

MORGAN STANLEY: THE RALLY IS NEAR ITS END

When it comes to equity analysts Teun Draaisma is a must-read. The European equity analyst famously called for investors to sell stocks in June 2007 when the markets were flashing a "full house sell" signal. He then flipped bullish in November of 2008 as the markets were pricing in a much more severe situation than Draaisma saw unfolding. He's one of the few investors who actually got the downturn and the upturn correct and was able to connect the dots between cause and effect. In his latest strategy note Draaisma is saying the rally has gotten ahead of itself and that we're due to for a correction as good news becomes bad news. In addition to being bearish about 2010 (see here)

http://www.benzinga.com/197809/morgan-stan...is-near-its-end
  Forum: Macro Factors

kelt
Posted on: Mar 31 2010, 07:27 AM


Group: Member
Posts: 1,359

Andrew Maguire & Adrian Douglas

Andrew Maguire & Adrian Douglas: Discuss What Could Be the Largest Fraud in History - Andrew is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders. Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in hollywood thrillers. They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale.

http://www.kingworldnews.com/kingworldnews...n_Douglass.html
  Forum: Macro Factors

kelt
Posted on: Mar 29 2010, 11:30 PM


Group: Member
Posts: 1,359

So you keep saying, while it continues to rise.
  Forum: Macro Factors

kelt
Posted on: Mar 29 2010, 09:17 PM


Group: Member
Posts: 1,359

Dollar Index headed higher - Target 83.50 to 83.90

http://broadcast.ino.com/education/dx325/
  Forum: Macro Factors

kelt
Posted on: Mar 29 2010, 05:08 PM


Group: Member
Posts: 1,359

Pretty funny comment by Webber. How true...

Mark Webber says Victoria becoming a 'nanny state'

http://www.heraldsun.com.au/news/special-r...x-1225846516940
  Forum: Off Topic Chat

kelt
Posted on: Mar 29 2010, 01:28 PM


Group: Member
Posts: 1,359

I think it looks good. It was a monty of a buy on that blowoff bottom last week.
  Forum: By Share Code

kelt
Posted on: Mar 28 2010, 07:35 PM


Group: Member
Posts: 1,359

G'day jdh,

Took me awhile to get that, I'm a bit slow. wacko.gif

I pretty much trade any futures if I see a good setup. Traded Natgas once since it broke down for a loss.

Looks like it is in a wave 3 down with a 4 at some stage and a 5 down to finish. Best bet would wait for the 4th wave to setup and short the breakdown. It getting close to the 61.8 fib and a couple of support lines around 3668 and 3540, however it doesn't seem the best risk/reward setup at this stage.

I took the trade last week because it looked like it was forming a base and the RSI was very oversold on the daily, but it still broke south. Personally trading futures I think it's better to wait for a better T/A setup.

Did you short live cattle?
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 28 2010, 04:33 PM


Group: Member
Posts: 1,359

Red lines are of equal length. Measures up to about 84.40.
Attached thumbnail(s)
Attached Image



 
  Forum: Macro Factors

kelt
Posted on: Mar 28 2010, 04:29 PM


Group: Member
Posts: 1,359

Hogs could well bounce from here. Daily and 4 hourly oversold.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 28 2010, 09:02 AM


Group: Member
Posts: 1,359

Here is Breakpoints Summation Index.

Seems to pick the bottoms better than tops, however one must be cautious.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 28 2010, 08:53 AM


Group: Member
Posts: 1,359

Interview with Eric Sprott

In this interview Eric discusses the stock market, bond market, inflation, deflation, gold, silver, gold stocks, consolidation in the gold sector, the economy, the US Dollar, paper currencies globally, tax revenues going down, layoffs in US government jobs in states, oil and much more.

http://www.kingworldnews.com/kingworldnews...ric_Sprott.html

Interview with Robert Prechter

In this interview Bob discusses the U.S. Dollar, gold, the stock market, where are the bears, psychology as the market rallies, the economy, pension shortfalls, states being in trouble financially, U.S. default, how the default will unfold and much more.

http://www.kingworldnews.com/kingworldnews...t_Prechter.html
  Forum: Investment Discussion

kelt
Posted on: Mar 27 2010, 07:07 AM


Group: Member
Posts: 1,359

Attached Image
  Forum: Off Topic Chat

kelt
Posted on: Mar 26 2010, 12:49 PM


Group: Member
Posts: 1,359

Paddy had been drinking at his local Dublin pub all day and most of the night celebrating St Patrick's Day.

Mick, the bartender says, " You'll not be drinking anymore tonight Paddy.

Paddy replies, "OK Mick, I'll be on my way then."

Paddy spins around on his stool and steps off. He falls flat on his face.

"Shoite" he says and pulls himself up by the stool and dusts himself off.

He takes a step towards the door and falls flat on his face,

"Shoite, Shoite!"

He looks to the doorway and thinks to himself that if he can just get to
the door and some fresh air he'll be fine.

He belly crawls to the door and shimmies up to the door frame.

He sticks his head outside and takes a deep breath of fresh air, feels much better and takes a step out onto the sidewalk and falls flat on his face.

"Bi, Jaysus... I'm fockin' focked," he says.

He can see his house just a few doors down, and crawls to the door,
hauls himself up the door frame, opens the door and shimmies inside.

He takes a look up the stairs and says "No fockin' way".

He crawls up the stairs to his bedroom door and says "I can make it to the bed."

He takes a step into the room and falls flat on his face.


He says "Fock it" and falls into bed.


The next morning, his wife, Jess, comes into the room carrying a cup of coffee and says, "Get up Paddy. Did ye have a bit to drink last night?".

Paddy says, "I did Jess. I was fockin' pissed. But how'd you know?"



"Mick phoned... you left your wheelchair at the pub!"
  Forum: Off Topic Chat

kelt
Posted on: Mar 26 2010, 11:34 AM


Group: Member
Posts: 1,359

Bullish wedge forming on wheat.
Attached thumbnail(s)
Attached Image


 
  Forum: Investment Discussion

kelt
Posted on: Mar 26 2010, 11:30 AM


Group: Member
Posts: 1,359

This is upcoming dividends for the next month or two.

http://www.smartportfolio.com.au/Dividends.aspx
  Forum: Investment Discussion

kelt
Posted on: Mar 24 2010, 08:57 PM


Group: Member
Posts: 1,359

Big move today. Broke through resistance.
Attached thumbnail(s)
Attached Image



 
  Forum: Macro Factors

kelt
Posted on: Mar 24 2010, 08:39 PM


Group: Member
Posts: 1,359

Corn looks to be in a 5th wave down. Should bottom soon.
Attached thumbnail(s)
Attached Image


 
  Forum: Investment Discussion

kelt
Posted on: Mar 24 2010, 08:34 PM


Group: Member
Posts: 1,359

John Pilger - Obama and Empire

http://www.youtube.com/watch?v=gXL998q7skI...feature=related
  Forum: Investment Discussion

kelt
Posted on: Mar 24 2010, 04:54 PM


Group: Member
Posts: 1,359

It's China's World. We're Just Living in It.

The middle kingdom is rewriting the rules on trade, technology, currency, climate—you name it.

http://www.newsweek.com/id/234928
  Forum: Investment Discussion

kelt
Posted on: Mar 24 2010, 08:21 AM


Group: Member
Posts: 1,359

Updated live cattle chart. Given last week gains back in the last two days.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 23 2010, 09:57 AM


Group: Member
Posts: 1,359

Hello eb,

Do you keep an eye on the USD at night?

I noticed last night the indices, metals etc all found support as the USD hit resistance and reversed.
  Forum: Macro Factors

kelt
Posted on: Mar 23 2010, 08:57 AM


Group: Member
Posts: 1,359

Here is a weekly chart of sugar. Absolutely Smaaaaaaaaaaaashed.

RSI indicates a decent bounce may be close.
Attached thumbnail(s)
Attached Image


 
  Forum: Investment Discussion

kelt
Posted on: Mar 23 2010, 06:54 AM


Group: Member
Posts: 1,359

G'day EB,

He certainly has his own style. I don't fully understand him either.


  Forum: Macro Factors

kelt
Posted on: Mar 22 2010, 06:19 PM


Group: Member
Posts: 1,359

I haven't put a trade on silver yet. Have a similar trade on the AUD/USD though.

With silver I'd be inclined to have a stop just under 1680. I always look for a secondary support line(thick black lines) as in futures they always seem to go for the obvious stops. So if it gets around 1685 I will go long with a 10pip stop.

I don't normally post these lines on sharescene, but I try to find a secondary line and have a stop under that line. In the chart there are 2 examples. It may not play out, but it really helps not getting knocked out of a trade and seeing it reverse.

Attached Image



Here is another chart with the uptrend line moved to a different position.

Attached Image

  Forum: Macro Factors

kelt
Posted on: Mar 22 2010, 12:16 PM


Group: Member
Posts: 1,359

Armstrong has a couple more writings out. Scary stuff....

http://armstrongeconomics.com/writings/
  Forum: Investment Discussion

kelt
Posted on: Mar 21 2010, 10:01 PM


Group: Member
Posts: 1,359

Some commentary on Live Cattle. Commodity wrap video also on right hand side.

http://www.allendale-inc.com/rc_free/morni...%20Kick%20Start
  Forum: Macro Factors

kelt
Posted on: Mar 21 2010, 08:52 PM


Group: Member
Posts: 1,359

Coming into the apex of a descending triangle. Pretty oversold on the weekly and daily. Is there any fundamental reason why it has been poleaxed?
Attached thumbnail(s)
Attached Image



 
  Forum: By Share Code

kelt
Posted on: Mar 21 2010, 04:47 PM


Group: Member
Posts: 1,359

Live cattle looks like it could be a good short. Red lines are of equal length. Seems to be a consistant range.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 21 2010, 04:41 PM


Group: Member
Posts: 1,359

Here is the Euro daily. Looks like it's started a 5th wave down.

Attached Image



Next Down Leg for the Euro

http://www.marketoracle.co.uk/Article18043.html
  Forum: Macro Factors

kelt
Posted on: Mar 21 2010, 04:32 PM


Group: Member
Posts: 1,359

Another Recession Is Coming-Jim Rogers-CNBC-3-17-2010

http://www.youtube.com/watch?v=-LbCjei3zAQ
  Forum: Investment Discussion

kelt
Posted on: Mar 21 2010, 09:38 AM


Group: Member
Posts: 1,359

Mclarens Latest:-

March 19 2010 CNBC SquawkBox Europe

http://www.mclarenreport.net.au/articles/a...rope/Page1.html


Charts: S&P to Rise Before Correction

http://www.cnbc.com/id/15840232?video=1444963800&play=1


Here is another interesting read on the markets, gold, and USD.

March Madness

http://www.financialsense.com/fsu/editoria.../2010/0319.html
  Forum: Macro Factors

kelt
Posted on: Mar 20 2010, 06:40 PM


Group: Member
Posts: 1,359

Closed on some pretty strong support. Should provide a good trade depending on where it goes Monday. Short term it should bounce.

Bit concerned about the double top though.

Attached Image

  Forum: Macro Factors

kelt
Posted on: Mar 20 2010, 08:20 AM


Group: Member
Posts: 1,359

Not surprisingly looks like the least likely scenario is playing out. Also looks like the Euro needs another move down.

Attached Image

  Forum: Macro Factors

kelt
Posted on: Mar 15 2010, 01:57 PM


Group: Member
Posts: 1,359

HS Dent Update March 2010

http://www.youtube.com/watch?v=rSimSI207a8...feature=channel
  Forum: Macro Factors

kelt
Posted on: Mar 14 2010, 09:12 AM


Group: Member
Posts: 1,359

I'm a bit surprised, however it's an interesting moral stance.....

Google to shut China search engine

http://www.ft.com/cms/s/2/dd69e680-2e06-11...144feabdc0.html

From what my wife tells me Google has sent out emails to it AdSense clients telling them they will be shutting down. Also heard most chinese use bing anyway.
  Forum: Investment Discussion

kelt
Posted on: Mar 13 2010, 11:42 PM


Group: Member
Posts: 1,359

The meltdown of the climate campaign

http://www.weeklystandard.com/print/articles/denial
  Forum: Off Topic Chat

kelt
Posted on: Mar 13 2010, 12:26 PM


Group: Member
Posts: 1,359

So many mixed signals on the USD. Sitting right on support on a Friday afternoon. Next week should be interesting.

Bearish - broken wedge, head and shoulders, overbought on the weekly.

Bullish - looks like it is in a 4th wave with a 5th wave up to go, maybe to around 84.

Everything seems to be pointing down but really wouldn't surprise if it starts rallying again Monday/Tuesday.

Attached Image




Dollar Bulls Beware

by Peter Schiff, Euro Pacific Capital | March 12, 2010

http://www.financialsense.com/fsu/editoria.../2010/0312.html
  Forum: Macro Factors

kelt
Posted on: Mar 12 2010, 05:09 PM


Group: Member
Posts: 1,359

Seems the very very smart money is backing the green revolution.

Bill Gross: Man Of A Hundred Startups Now Hellbent On Saving The World

http://www.businessinsider.com/

Google - - Seeing the forest through the cloud

http://www.google.com/corporate/green/clean-energy.html
  Forum: Off Topic Chat

kelt
Posted on: Mar 12 2010, 12:00 PM


Group: Member
Posts: 1,359

Robert Prechter on Gold & Silver

Attached File  GoldSilverEbook.pdf ( 1.81MB ) Number of downloads: 429
  Forum: Macro Factors

kelt
Posted on: Mar 12 2010, 09:15 AM


Group: Member
Posts: 1,359

Have to wait and see if it breaks up out of the pattern or breaksdown. Because it is at the top of a rally I would think it would breakdown.

Here is a good site about patterns.

http://thepatternsite.com/bt.html

Sugar recently had a broadening wedge at its top. This is a lower high with Silver so I'm not sure how this will play out.

Here's how sugar looked.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 12 2010, 08:10 AM


Group: Member
Posts: 1,359

Broadening Wedge pattern playing out.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 9 2010, 11:36 PM


Group: Member
Posts: 1,359

Elizabeth Warren, Chair, The Congressional Oversight Panel

http://www.charlierose.com/view/interview/10895
  Forum: Investment Discussion

kelt
Posted on: Mar 9 2010, 11:16 PM


Group: Member
Posts: 1,359

Goldman Sucks

http://www.youtube.com/watch?v=7SFywA_LQuU...player_embedded
  Forum: Investment Discussion

kelt
Posted on: Mar 9 2010, 02:56 PM


Group: Member
Posts: 1,359

No I was suggesting that parents can filter their childrens pc's, as I will one day. As to adults they should be able to make their own decisions.

These days from what I have read, most adults into child pornography are caught through monitoring these sites. Filtering it may just send it underground again. No point pretending it doesn't exist.

As to snuf movies, I find it revolting however you can find all the gory you want on TV, Film and Video games.

My concern is where does the government stop, and who ultimately decides what should be filtered.

I really don't want to get into a debate. If you feel so strongly, as you come across, feel free not to sign.

Kelt
  Forum: Off Topic Chat

kelt
Posted on: Mar 9 2010, 02:33 PM


Group: Member
Posts: 1,359

There is plenty of filtering software, you don't need the government doing it for you.
  Forum: Off Topic Chat

kelt
Posted on: Mar 9 2010, 01:43 PM


Group: Member
Posts: 1,359

Electronic Frontiers Australia is coordinating a petition against the Government’s mandatory Internet filtering policy that will be presented to the Senate of the Parliament of Australia.

http://www.efa.org.au/petition/
  Forum: Off Topic Chat

kelt
Posted on: Mar 5 2010, 03:32 PM


Group: Member
Posts: 1,359

Learn the Why, What and How of Elliott Wave Analysis

Watch the Elliott Wave Crash Course, FREE

This exclusive Club EWI video, Why Use the Wave Principle – the first in a three-part series – demolishes the widely held notion that news drives the markets.

http://www.elliottwave.com/club/Elliott-Wa...;articleid=1300
  Forum: Investment Discussion

kelt
Posted on: Mar 5 2010, 09:32 AM


Group: Member
Posts: 1,359

This is quite interesting.

Bill Gates Talks About Vaccines to Reduce World Population

QUOTE
The exclusive letter of invitation was signed by Gates, Rockefeller and Buffett. They decided to call themselves the "Good Club." Also present was media czar Ted Turner, billionaire founder of CNN who stated in a 1996 interview for the Audubon nature magazine, where he said that a 95% reduction of world population to between 225-300 million would be "ideal." In a 2008 interview at Philadelphia's Temple University, Turner fine-tuned the number to 2 billion, a cut of more than 70% from today's population. Even less elegantly than Gates, Turner stated, "we have too many people. That's why we have global warming. We need less people using less stuff (sic)."


QUOTE
But the central theme and purpose of the secret Good Club meeting of the plutocrats was the priority concern posed by Bill Gates, namely, how to advance more effectively their agenda of birth control and global population reduction. In the talks a consensus reportedly emerged that they would "back a strategy in which population growth would be tackled as a potentially disastrous environmental, social and industrial threat."


http://www.marketoracle.co.uk/Article17644.html

Bill Gates on TED.

Bill Gates on energy: Innovating to zero!

At TED2010, Bill Gates unveils his vision for the world's energy future, describing the need for "miracles" to avoid planetary catastrophe and explaining why he's backing a dramatically different type of nuclear reactor. The necessary goal? Zero carbon emissions globally by 2050.

http://www.ted.com/talks/bill_gates.html
  Forum: Off Topic Chat

kelt
Posted on: Mar 4 2010, 07:31 AM


Group: Member
Posts: 1,359

Here is my limited understanding.

Is only the body of a candle taken into consideration when looking for gaps ?

No

Why are they so significant in up and down trend ?

Some people think they always get filled.

What is generally the outcome once filled (up or down)

Could be a reversal point. For example if a stock gaps up on some good new and you would like an entry, some people will buy it when it fills the gap. I would use it with other indicators as well.

What about charts that have more gaps than a stroll through Kings Cross on a Sat night ? (ie:LGL)

Not sure but Blue chips and illiquid stocks seem to have more gaps.

What happens if they don't get filled ?

I'm sure there are gaps that have never been filled, they seem to get labeled 'breakaway gaps'. Some people might think they will eventually get filled.

How do you get the little grey bit on the RH side of a chart showing these gaps?

No idea maybe call the software distributors.

Rippley's 'Gaps' believe it or not.
  Forum: Investment Discussion

kelt
Posted on: Mar 3 2010, 08:42 AM


Group: Member
Posts: 1,359

Can't argue with that. Could be a good trade. Right on support again this morning.
  Forum: Macro Factors

kelt
Posted on: Mar 2 2010, 09:31 AM


Group: Member
Posts: 1,359

Yeah it's looking good, although have it up against some resistance here.
Attached thumbnail(s)
Attached Image



 
  Forum: By Share Code

kelt
Posted on: Mar 1 2010, 04:41 PM


Group: Member
Posts: 1,359

Hello Nohoper,

Wondering if you might share your thoughts on the copper chart.

Thanks

Kelt
  Forum: Investment Discussion

kelt
Posted on: Mar 1 2010, 02:01 PM


Group: Member
Posts: 1,359

Hungary,

Sorry I didn't mean to sound rude.

It just seems alot of people expect the thread to be all rosy and I'm sure alot of people myself included have great concerns where the US and Europe are heading.
  Forum: Investment Discussion

kelt
Posted on: Mar 1 2010, 01:53 PM


Group: Member
Posts: 1,359

G'day flower,

I have so many conflicting views. Real battle between Bulls and Bears. Hear is a look at the 4hourly. Pretty oversold and on support. Still it could crack tonight.

Fourth touch.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Mar 1 2010, 12:05 PM


Group: Member
Posts: 1,359

Wondering if the top could be in for Copper. Looks like a 5 wave blow off.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Feb 27 2010, 08:55 PM


Group: Member
Posts: 1,359

This thread has taken on a worldy political, economical, lets bag wall street view. Australia is cruising along so there is not alot to say about the ozzie economy.

If you and Arty are not interested in world events you can always start a 'Lucky Country' thread.
  Forum: Investment Discussion

kelt
Posted on: Feb 27 2010, 11:39 AM


Group: Member
Posts: 1,359

Long live the plutonomy. devilsmiley.gif

Economic and Social Crisis in America, Burglarious Stimulus


QUOTE
The powerful elite in America who object to social programs for the people, otherwise known as entitlements, apparently don't recognize that subsidizing the private sector is itself an entitlement. The private sector knows that it can expect these subsidies and feels it is entitled to them, and when some companies are deemed "to big to fail," the entitlement becomes absolutely necessary. The result is that the government exists for the benefit of the private sector and not for the people. The private sector endures while the people perish. It results in the absurdity of the nation's having thousands of empty houses while homeless families live on the streets along with their hungry children. See Suburban homeless: Rising tide of women, families. Is this how the greatness of America is to be measured? Is this how we want the world to view us? Is this the kind of world we want to live in?


http://www.marketoracle.co.uk/Article17502.html

A link in the above artice that provides a good read:-

The Stimulus Didn't Work

http://online.wsj.com/article/SB1000142405...3867030644.html
  Forum: Investment Discussion

kelt
Posted on: Feb 26 2010, 08:40 PM


Group: Member
Posts: 1,359

I've been wondering about the US media attacks on Toyota. Lets get dirty.

Targeting Toyota, U.S. Economic War Against Japan

http://www.marketoracle.co.uk/Article17492.html

  Forum: Investment Discussion

kelt
Posted on: Feb 26 2010, 08:36 PM


Group: Member
Posts: 1,359

Buy the rumor news would be positive broker coverage with the ignition imminent. Todays news isn't sell the fact (news) probably why it closed up 4%. If anything I reckon it will be next week with the ignition.
  Forum: By Share Code

kelt
Posted on: Feb 26 2010, 08:04 PM


Group: Member
Posts: 1,359

G'day flower,

Alot of talk about CXY being the first to the commercial stage with a 200kw plant. Ahead of LNC and CNX. Len seem to be one of the few experts with a successful history in ucg. I may be wrong, as my F/A has alot to be desired. Len is taking the simple yet proven approach to ucg that might be similar to what the Russians achieved. The ingition is important. Think it was meant to happen a year ago or so. UCG seems to be getting more coverage from brokerage firms and the media.

200Kw plant needs 300mill I think.

Not sure about the drawdown today or why, how. YA Global had a history with ADY. Not sure it was in the best interest of the shareholders. Time will tell.

I agree they have added alot of shares to the register at a low price.

Anyway, F/A guys are welcome to shoot me down now. unsure.gif
  Forum: By Share Code

kelt
Posted on: Feb 26 2010, 07:36 PM


Group: Member
Posts: 1,359

Just some of the indicators on the 4 hourly chart(RSI & Slow stochastics). Mind you they can stay overbought for weeks. Daily and Weekly indicators have plenty of room to move north.

Fundamentally CXY seem to moving in the right direction however the shareprice doesn't seem to reflect that. I'm a bit concerned about this raising today. Always at low prices, followed by a pump and dump. Will this time be different?

If I see any buy bids for 10mill or 5mill shares pop up, I will be hoping off at stage left very quickly.
  Forum: By Share Code

kelt
Posted on: Feb 26 2010, 03:12 PM


Group: Member
Posts: 1,359

It's getting a touch overbought, but today was a pretty good result.
Attached thumbnail(s)
Attached Image


 
  Forum: By Share Code

kelt
Posted on: Feb 26 2010, 09:28 AM


Group: Member
Posts: 1,359

Here is a chart for Arty. biggrin.gif

Attached Image



Full moon Saturday.
  Forum: Macro Factors

kelt
Posted on: Feb 26 2010, 08:22 AM


Group: Member
Posts: 1,359

Nice big bearish wedge from the bottom.
Attached thumbnail(s)
Attached Image


 
  Forum: Macro Factors

kelt
Posted on: Feb 25 2010, 05:43 PM


Group: Member
Posts: 1,359

Soybean on support. Stochastics getting oversold. 4 hourly.
Attached thumbnail(s)
Attached Image



 
  Forum: Investment Discussion

kelt
Posted on: Feb 25 2010, 11:38 AM


Group: Member
Posts: 1,359

Worth keeping an eye on again.
Attached thumbnail(s)
Attached Image


 
  Forum: By Share Code

kelt
Posted on: Feb 25 2010, 11:27 AM


Group: Member
Posts: 1,359

It's finally broken out. I'd be happy with your 19.5c call.
  Forum: By Share Code

kelt
Posted on: Feb 24 2010, 10:19 PM


Group: Member
Posts: 1,359

Softs hitting strong weekly support.

Cocoa weekly continuation contract.

Attached Image



Looks to forming a bullish wedge on the daily, however doesn't seem complete. another up and down would look better.

Attached Image



Sugar weekly continuation contract

Attached Image

  Forum: Investment Discussion

kelt
Posted on: Feb 24 2010, 09:19 AM


Group: Member
Posts: 1,359

Wheat seems to be the weakest of the three(soybean, corn & wheat). Didn't get a higher high last night. Looks likely to head to the low 480's and maybe lower. Ignore the wave count, doesn't seem right.

Attached Image



Corn's chart is pretty similar to soybean.
  Forum: Investment Discussion

kelt
Posted on: Feb 24 2010, 08:56 AM


Group: Member
Posts: 1,359

Grains may have topped last night.

Here is a look a soybean. Seems a pretty clear 5 waves. I'm looking for an abc correction and another long trade. Could well just bounce off the 943 to 946 support area. Lets see how it unfolds.

Attached Image



Here is a video from GannGlobal. Like anyone they can get it pretty wrong.

http://www.gannglobal.com/red-alert-commod...osive-10-02-22/
  Forum: Investment Discussion

kelt
Posted on: Feb 24 2010, 08:18 AM


Group: Member
Posts: 1,359

Dan if you want a market education...

I would open a comsec account. Trade specs. 10c - 30c shares.

Read some threads. Listen to the ramps and dowramps. See the pump and dumps. Try to catch a few rides. Directors are always overly bullish. Keep an eye on a few T/A guys. (Arty, crystal, BSA, Hungary(where are the charts?) and ask some questions. Try to take your emotion out of trading.

In 6 months you could have $0 or $5000 but would have learnt quite alot.

Putting $1500 into a Bluechip will teach you pretty much nothing and it will be like watching paint dry.
  Forum: Investment Discussion

kelt
Posted on: Feb 23 2010, 11:18 PM


Group: Member
Posts: 1,359

Digital Nation

http://video.pbs.org/video/1402987791/
  Forum: Off Topic Chat

kelt
Posted on: Feb 23 2010, 01:29 PM


Group: Member
Posts: 1,359

What A Coincidence!

A chicken farmer went to a local bar.... Sat next to a woman and ordered a glass of champagne..

The woman perks up and says, 'How about that? I just ordered a glass of champagne, too!'

'What a coincidence' the farmer says. 'This is a special day for me.... I am celebrating'

'This is a special day for me too, I am also celebrating!' says the woman.

'What a coincidence!' says the farmer! As they clinked glasses the man asked, 'What are you celebrating?'

'My husband and I have been trying to have a child and today my gynecologist told me that I am pregnant!'

'What a coincidence,' says the man. 'I'm a chicken farmer and for years all of my hens were infertile, but today they are all laying fertilized eggs.'

'That's great!' says the woman. 'How did your chickens become fertile?'

'I used a different cock,' he replied.

The woman smiled and said, 'What a coincidence.'
  Forum: Off Topic Chat

kelt
Posted on: Feb 22 2010, 08:18 PM


Group: Member
Posts: 1,359

Wall Street's Bailout Hustle

Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash

MATT TAIBBI Posted Feb 17, 2010 5:57 AM

http://www.rollingstone.com/politics/story..._bailout_hustle
  Forum: Investment Discussion

kelt
Posted on: Feb 22 2010, 05:41 PM


Group: Member
Posts: 1,359

Philosophy of Relationships

"Ah, yes, divorce, from the Latin word meaning to rip out a man's genitals through his wallet."
--Robin Williams

"You know "that look" women get when they want sex? Me neither."
--Steve Martin

"Having sex is like playing bridge. If you don't have a good partner, you'd better have a good hand."
--Woody Allen

"Bisexuality immediately doubles your chances for a date on Saturday night."
--Rodney Dangerfield

"Sex at age 90 is like trying to shoot pool with a rope."
--George Burns

"Women might be able to fake orgasms. But men can fake whole relationships."
--Sharon Stone

"My girlfriend always laughs during sex ---no matter what she is reading."
--Steve Jobs

"My mother never saw the irony in calling me a son-of-a-bitch."
--Jack Nicholson

"Clinton lied. A man might forget where he parks or where he lives, but he never forgets oral sex, no matter how bad it is."
--Barbara Bush

"Women need a reason to have sex. Men just need a place."
--Billy Crystal

"According to a new survey, women say they feel more comfortable undressing in front of men than they do undressing in front of other women. Thy say that women are too judgemental, where, of course, men are just grateful."
--Robert De Niro

"Insted of getting married again, I'm going to find a woman I don't like and just give her a house."
--Rod Stewart

"See, the problem is that God gives men a brain and a penis, and only enough blood to run one at a time."
--Robin Williams
  Forum: Off Topic Chat

kelt
Posted on: Feb 18 2010, 01:56 AM


Group: Member
Posts: 1,359

I went short copper tonight.

Its like nye again tonight. Can't believe my girls can sleep. bang bang bang for wealthy year.
  Forum: Investment Discussion

kelt
Posted on: Feb 17 2010, 10:45 PM


Group: Member
Posts: 1,359

For some reason seems to be with softs. Bit like soybean with grains. Have to put them somewhere.

Alot of fireworks going off again tonight.
  Forum: Investment Discussion

kelt
Posted on: Feb 17 2010, 01:56 PM


Group: Member
Posts: 1,359

The Myth of Financial Deregulation, Volcker Cannot Prevent Boom-Bust Cycles

Does It Make Sense to Resurrect the Glass-Steagall Act?

http://www.marketoracle.co.uk/Article17282.html
  Forum: Investment Discussion

kelt
Posted on: Feb 17 2010, 12:31 PM


Group: Member
Posts: 1,359

Reuters pictures of the decade

http://www.news.com.au/couriermail/gallery...17382-7,00.html
  Forum: Off Topic Chat

kelt
Posted on: Feb 16 2010, 08:52 PM


Group: Member
Posts: 1,359

I have only looked at a couple of sites, but there seems to be some good info.

http://www.grainfarmer.com/grainmarkets.htm
  Forum: Investment Discussion

kelt
Posted on: Feb 16 2010, 06:12 PM


Group: Member
Posts: 1,359

How dogmatic.
  Forum: Off Topic Chat

kelt
Posted on: Feb 16 2010, 11:35 AM


Group: Member
Posts: 1,359

Thats a sizeable move from where we are.
  Forum: Macro Factors

kelt
Posted on: Feb 16 2010, 11:32 AM


Group: Member
Posts: 1,359

It's hard to know how much B.S. we are fed...


Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995

Read more: http://www.dailymail.co.uk/news/article-12...l#ixzz0fesLLjtj
  Forum: Off Topic Chat

kelt
Posted on: Feb 16 2010, 10:21 AM


Group: Member
Posts: 1,359

Nice move this morning. Well done on wheat.

Corn close to breaking resistance. Worth keeping an eye on.
Attached thumbnail(s)
Attached Image


 
  Forum: Investment Discussion

kelt
Posted on: Feb 16 2010, 02:55 AM


Group: Member
Posts: 1,359

Financial Markets and Economic Forecasts 2010, Recovery or More Crisis?

http://www.marketoracle.co.uk/Article16052.html

America's Impending Master Class Dictatorship

http://www.marketoracle.co.uk/Article16702.html
  Forum: Investment Discussion

kelt
Posted on: Feb 15 2010, 02:42 PM


Group: Member
Posts: 1,359

Attached Image



courtesy of http://astrocycle.net/Astrology.php
  Forum: Macro Factors

kelt
Posted on: Feb 15 2010, 02:23 PM


Group: Member
Posts: 1,359

Do you know if they are trading tonight?
  Forum: Investment Discussion

kelt
Posted on: Feb 15 2010, 01:34 PM


Group: Member
Posts: 1,359

Hello Neilo,

I missed the short Friday by 5 points on sugar, bummer. It played out nicely. I did get onto Soybean though on the support line and it had a great bounce. Got stopped out of wheat. Still think wheat, soybean and corn look good for long trades. Looks like the USD is due for a decent pullback.

Here is the sugar 1 hourly. The corrective move looks to be finished. I missed the move so will have to wait for another trade. I might put a few contracts short if it backtests the uptrend line, but at this stage doesn't look like the best setup.

Attached Image



Here is a look at soybean. Could push up near 960 in the next day or two. Daily getting close to overbought, so I'd expect an ABC correction once this move tops out.

Attached Image



The weekly looks good for a nice move long over the next few months. Breaking the downtrend line would be a strong trigger. Negative seems to be the H&S. Personally think the pattern is overstated. 880 will be the key. (blue line).

Attached Image

  Forum: Investment Discussion

kelt
Posted on: Feb 14 2010, 03:44 PM


Group: Member
Posts: 1,359

We have a phi mate turn date scheduled for this week, Wednesday, February 17th. However, turn dates can occur within a few days of the ideal mathematical fit date. This turn should be a top, since the trend has been rising most of the past two weeks. At this point, one possibility for a closing top is Thursday, February 11th's 10,144.19. That would be three trading days from the February 17th ideal date. Or, we could see another closing high early next week. The point is, a top is occurring now per phi mate analysis as well as several other analyses we follow. We cover this in detail on pages 11 and 12 in the Weekend Newsletter at www.technicalindicatorindex.com



There was a small change in the McClellan Oscillator Friday, suggesting a large price move is coming early next week. Monday is a U.S. holiday, so U.S. markets are closed.



We believe stocks are forming a top that could lead to a multi-week decline that takes 10 percent +\- off the averages. In Thursday's Market Newsletter at www.technicalindicatorindex.com , we pointed out that the Elliott Wave pattern is clear about a coming decline in Canada's TSX stock market, and that Canada's TSX moves in close correlation to U.S. major stock market averages. But there are several patterns and technical set-ups in U.S. markets that also suggest a coming decline of 10 percent +/- from current levels.



We continue to watch Bearish patterns. The S&P 500 completed and confirmed a Head and Shoulders top pattern from November 2009 last Thursday, February 4th, meaning the probability of its downside target being reached, 990ish, is high. Last Thursday's plunge also breached the bottom boundary of an Ascending Expanding Wedge shown on pages 21 and 22 in the Weekend report at www.technicalindicatorindex.com , which means the probability of its downside target, 975ish, is quite high. So two patterns now warn that the S&P will drop to at least the 975-990ish area.



The Monthly Full Stochastics are topping in U.S. and several world-wide markets.



The Industrials had a volatile session Friday, and ended down 45.05 points to 10,099.14. The price pattern from January 19th's Supercycle degree wave (B) top has followed a larger and a smaller degree of waves, a series of ones down and corrective twos up. Micro degree wave 1 down finished on January 29th. Wave 2 up topped on February 2nd. Wave 3 down is a five wave move that started on February 2nd, and completed its first leg of the five Submicro degree waves it will form, wave {1} down, on Friday, February 5th. Once {2} up completes, and it may have finished Thursday, February 11th, a nasty decline, wave {3} of 3 down should take the Industrials down hard. There is a possibility that wave {2} up could take another few days to complete. Downside targets for 3 are the low 9,000's in the Industrials and the low 1,000 area in the S&P 500.



NYSE volume was higher Friday at 98 percent of its 10 day average. Downside volume led at 54 percent, with advancing issues at 53 percent, with downside points at 57 percent in mixed trading. S&P 500 Demand Power was flat at 368, while Supply Pressure fell 1 point to 390, telling us Friday's decline was weak as most folks were unsure about the future direction of prices. Our blue chip key trend-finder indicators remain on a "sideways" signal Friday. The 15, 30 and 60 minute Full Stochastics give indecisive guidance for Tuesday.



There are massive Bearish patterns showing up across the globe in major markets. We urge you to go to www.technicalindicatorindex.com and click on the Australia Weekend Market Report for charts of several international markets. World economies are highly interdependent now, and this means a problem in one major international market could spread to others. The analyses we show suggests a worldwide financial contagion is coming. As for the large degree Elliott Wave picture, this confirms what patterns are telling us, that a major worldwide economic collapse is in process. We are in Grand Supercycle degree wave {IV} down, which could last many years. That pattern likely consists of three major waves, a Supercycle degree wave (A) down - which we believe completed on March 9th, 2009, wave (B) up which likely completed on January 19th, 2010, and (C ) down. We believe Catastrophic Supercycle degree wave (C ) down has started, and should take 2 to 4 years to complete. By the time this wave completes, life could be very different, in many respects. Laws will be different, our economic system may be different, our form of government may be different, and living standards may be different.



There are acceptable alternative labels for the Grand Supercycle degree wave {IV} Bear Market. It could have started back on January 14th, 2000, a decade ago. If so, its wave (A) down finished at the October 2002 bottom, Supercycle degree wave (B) up finished at the October 2007 top. That means we are now inside wave (C ) down, and have been since October 2007. In either case, this next down leg has a high risk of being catastrophic, and taking stocks down further than most folks can imagine. If the best case scenario for the Bear Market was occurring, a sideways triangle, we needed stocks to top about 1,500 points higher in the Industrials and 150 points higher in the S&P 500 than they did on January 19th, 2010. This is a concerning development.



What we are witnessing at this point is an orderly decline. That should change over time. There could be two or three separate stock market crashes over the next 2 to 4 years. Our preliminary Fibonacci research suggests we could see one of those crashes in late 2010 into early 2011. Between now and then it is hard to say if a crash will occur.



Is it any wonder? The Central Planners are not conducting policies that will fix this deteriorating economy. And yes, no matter how rah rah the good, out-of-touch folks on CNBC frenzy, this economy is deteriorating. Unemployment is getting worse, not better. We covered that in last weekend's newsletter. Households are losing jobs, homes, and hope. Every solution this on-the-wrong-track group in power proposes or enacts is failing to fix the economy, while driving the Federal deficit through the historic roof. We had a golden opportunity to turn things around a year ago. Massive tax cuts and rebates would have hit the broadest reaches of the economy simultaneously, which would have dramatically increased aggregate demand, improved household balance sheets, improved bank balance sheets as household debt was repaid, and created millions of jobs in the U.S. as businesses responded to an increase in the aggregate demand for their goods and services. New Jobs tax credits without an increase in aggregate demand are a waste of time, merely propaganda to be able to say they cut small business' taxes. Nonsense.



The CRB index bounced nicely since generating a new buy signal Monday, when its price rose back inside its upper and lower 2 standard deviation Bollinger Bands. Gold remains inside a large rising trend-channel from 2008. So does the HUI. They fell to support, the bottom boundaries of these channels, and bounced off that support. If prices break below those support levels, that would be Bearish. Gold just completed its minor degree wave 4 down correction, and is poised to rally hard. Its Daily Full Stochastics are on a buy signal and it is starting minor degree wave 5 up. Wave 5's are usually the most dramatic for precious metals. The Dollar should be ready to continue its descent.



The percent of DJIA stocks above their 30 day moving average fell to 20.00 Friday from 23.33. The percent above 10 day fell to 36.67 from 60.00. The percent above 5 day fell to 66.67 from 93.33. The NYSE 10 day average Advance/Decline Line Indicator improved to positive + 248.2, remaining on a "buy" signal from February 11th, 2010, when it rose above the positive + 120.00 threshold for a new "buy."



Our three Blue Chip key trend-finder indicators (other than the Demand Power/Supply Pressure Indicator) remain on a "sideways" signal Friday. The DJIA 30 day Stochastic Fast fell to 20.00, above the Slow at 18.67, but not decisively above, remaining on a "sell" signal from February 8th. The DJIA 14 day Stochastic Fast fell to 36.67, above the Slow at 26.67, remaining on a "buy" signal from February 11th. The Fast has to rise more than 10 points above the Slow for a new "buy." The S&P 500 Purchasing Power Indicator fell to negative -71.79, remaining on a "buy" signal from February 11th.



The McClellan Oscillator rose 8.71 points to positive + 3.99 Friday. The Summation Index rose to positive + 1,469.08. The Demand Power/Supply Pressure indicators remain on an enter short positions signal from Friday, January 22nd. New 52 week Highs on the NYSE rose to 63 Friday, with New Lows at 7.



The Plunge Protection Team Risk Indicator fell to negative -3.73 Friday, February 12th, remaining on a sell signal from January 11th, 2010. Since this sell signal, the Industrials have dropped 829 points.



The NASDAQ 100 rose 3.37 points Friday, closing at 1,779.11. The Russell 2000 rose 5.26 points Friday, closing at 610.72. The HUI Amex Gold Bugs Index fell 3.59 points Friday, closing at 401.71. March Gold was flat at 1089.6, Silver fell to 15.45, while March Oil fell to 74.13. The Dollar rose 0.32 to 80.33. Bonds rose a quarter of a point to 117^18. The VIX fell 1.23 to 22.73.

  Forum: Macro Factors

kelt
Posted on: Feb 14 2010, 03:43 PM


Group: Member
Posts: 1,359

G'day EB,

Pretty amazing last night. Something I won't forget for awhile.

As to the markets looks bit like a 4th wave on the indices with one more down to go atleast. Here is decision point, looks pretty clear cut.

http://www.decisionpoint.com/ChartSpotlite...0212_cspot.html
  Forum: Macro Factors

kelt
Posted on: Feb 12 2010, 06:19 PM


Group: Member
Posts: 1,359

It is great thanks Hungry.

Love the chinese hospitality, helps if your wife has friends and relatives in a few big cities. Kids miss the open spaces abit though. I don't mind where I am as long as I can do some trading, although you can't beat OZ. Don't mind trying anything once however I don't recommend the sheeps testicles. Maybe EB has a softer pallet.

Married a couple in Jinan that was interesting and my girls were a huge hit as the flower girls. Spent a week in Xiamen which might be the Chinese equivalent to Queensland. Everything still booming along over here. Really need to get back to Australia to detox though.

EB I think Xiamen could be the city if we decide to move over here for a couple of years. Love it! HNY....

Neilo just showing below how my trading changes as the circumstances change. With regards to sugar, I took a short as it backtested the wedge, and the pattern started showing a bullish flag(orange channel) so I covered and went long as it broke the channel. So it looks like it is having an abc countertrend rally. If c is equal to a should get up to 28/28.20. I covered my longs before I went to bed and have shorts in at 28. Not sure where to put stops yet. Maybe 28.50 or abit above. If it doesn't get to 28 I will just wait patiently for another setup. That's the plan, my not play out, but just wanted to give you an idea how my trading changes as the chart does.

Attached Image



Wheat, soybean and corn looking good.
  Forum: Investment Discussion

kelt
Posted on: Feb 8 2010, 04:09 PM


Group: Member
Posts: 1,359

Just the standard slow stochastics. I just go with the preset settings.
  Forum: Investment Discussion

kelt
Posted on: Feb 8 2010, 02:02 PM


Group: Member
Posts: 1,359

G'day Neilo,

I'm in China at the moment so haven't been posting, as my wireless is pretty ordinary. I will be back in a couple of weeks. Just been trading the grains, gas and copper.

Here is a chart of sugar. Huge broadening wedge, so you would have to think the top is probably in. Went short at the top but just held it for 2 days. I have to learn to hold longer. Went short again when it broke the wedge, but got stopped out as it was a false break(more clear on the hourly) and didn't get the opportunity to go short again as I was out getting tanked up with my wifes relatives. I'm not sure where these bounces normally take you, maybe a retest of the wedge for another short opportunity.

Attached Image



I'm also long wheat at a similar price to you. Hard to know yet if it's a good price. Went long wheat, corn and soybean last tues/wed and caught that nice bounce but only sold soybean and the profit from the other two evaporated. Might be best to sell half on any bounce and wait for a retrace. There doesn't seem to be any real clear buy signals yet in the grains.

Attached Image



One chart concerns me a little with wheat is the weekly. The lower support channel is quite a bit lower. Similar with corn. Anyway got to shoot. Sorry this probably doesn't help alot.

Attached Image

  Forum: Investment Discussion

kelt
Posted on: Jan 27 2010, 07:19 AM


Group: Member
Posts: 1,359

I got back in a couple of weeks ago too, could do well fundamentally over the next few months.

Worthwhile read:-
http://goldoz.com.au/index.php?eID=tx_naws...e752ecb50b944e9
  Forum: By Share Code

kelt
Posted on: Jan 24 2010, 02:24 AM


Group: Member
Posts: 1,359

WTF Democracy hmmm......

The United States of Corporate America: From Democracy to Plutocrac


On Tuesday, January 19 (2010), the Obama administration got a kick in the pants from the Massachusetts voters when they filled former Senator Ted Kennedy's seat by electing a conservative Republican candidate. The essence of their message was: stop dithering and start governing; stop trying to satisfy the bankers and please the editors of Rupert Murdoch's Wall Street Journal, and start caring for the ordinary people.

Two days later, President Barack Obama seemed to have understood the people's message when he announced a "Volcker rule" that will forbid large banks from owning hedge funds that make money by placing large bets against their own clients, using information that these same clients gave them. It was time. Such a policy should have been announced months ago, if not years ago.

On the same day, however, a nonelected body, the U.S. Supreme Court, threw a different challenge to the Obama administration. Indeed, on Thursday January 21 (2010), a Republican-appointed majority on the U.S. Supreme Court [http://www.nytimes.com/aponline/2010/01/21/us/AP-US-Supreme-Court-Campaign-Finance.html?src=tptw] took it upon itself to profoundly change the U.S. Constitution and American democracy. Indeed, in what can be labeled a most reactionary decision, the Roberts U.S. Supreme Court, [http://www.nytimes.com/aponline/2010/01/21/us/AP-US-Supreme-Court-Campaign-Finance.html?src=tptw] ruled that legal entities, such as corporations and labor unions, have the same purely personal rights to free speech as living individuals. Indeed, the First Amendment of the U.S. Constitution [http://en.wikipedia.org/wiki/First_Amendment_to_the_United_States_Constitution] says "Congress shall make no law ... abridging the freedom of speech.

The only problem with such a wide interpretation of the U.S. Bills of Rights [http://en.wikipedia.org/wiki/United_States_Bill_of_Rights] (N.B.: The first ten amendments to the United States Constitution are known as the Bill of Rights) is that this runs contrary its letter and its spirit, since it clearly states later on that "the enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people, and reserves all powers not granted to the federal government to the citizenry or States." The words "people" and "citizenry" clearly refer here to living human beings, not to legal or artificial entities such as business corporations, labor unions, financial organizations or political lobbies.


Full Article:- http://www.marketoracle.co.uk/Article16683.html
  Forum: Investment Discussion

kelt
Posted on: Jan 18 2010, 04:47 PM


Group: Member
Posts: 1,359

Obama did inherit a nightmare, however he won the election on the pretext of change for the people.

Once he gained office he has filled his economic team with Wall St insiders and nothing whatsoever has changed. To me he seems another puppet that has great oratory skills.
  Forum: Investment Discussion

kelt
Posted on: Jan 18 2010, 01:02 PM


Group: Member
Posts: 1,359

If anyone is into World Music there are some pretty good artists here.

http://www.putumayo.com/en/
  Forum: Off Topic Chat

kelt
Posted on: Jan 18 2010, 09:48 AM


Group: Member
Posts: 1,359

Yeah it is an interesting video. I am surprised by the lack of action and uproar from the people.
  Forum: Investment Discussion

kelt
Posted on: Jan 18 2010, 09:33 AM


Group: Member
Posts: 1,359

Technically not alot to say. Its at the lower boundary of a downward sloping channel. My reference of 14c was basically trying to guess where it could be a daytrade if it got their. Oh so close.
Attached thumbnail(s)
Attached Image



 
  Forum: By Share Code

kelt
Posted on: Jan 17 2010, 07:47 PM


Group: Member
Posts: 1,359

America Rising: An Open Letter To The Democrats

http://www.youtube.com/watch?v=UiM6JAQZwHI...player_embedded
  Forum: Investment Discussion

kelt
Posted on: Jan 16 2010, 07:42 PM


Group: Member
Posts: 1,359

Try this:-

http://www.youtube.com/watch?v=LSaYSKnAI7Q
  Forum: Off Topic Chat

kelt
Posted on: Jan 16 2010, 06:23 PM


Group: Member
Posts: 1,359

Try Carl Orff. He was a great composer. Maybe 'carmina burana'
  Forum: Off Topic Chat

kelt
Posted on: Jan 16 2010, 07:23 AM


Group: Member
Posts: 1,359

McHugh believes the top is in,

QUOTE
We believe the top is in for the rally from March 2009. We believe that top occurred yesterday, January 14th, 2010, amazingly precisely ten years from the inflation adjusted all-time top in the Industrials 1/14/2000, and amazingly 1,000 points lower. Here's why we believe this:

If you go to the short-term charts we showed in last night's newsletter, Thursday's newsletter, on page 11 of that report, we showed you a Rising Parallel trend-channel for the S&P 500 and a Rising Bearish Wedge in the Industrials. The Wedge looked complete last night. Well, it was. Today, prices have dropped decisively below the bottom boundary of that Rising Bearish Wedge, and below the bottom boundary of the S&P 500's Rising Parallel Trend-channel. We believe catastrophic wave (C ) down has started.

There are no guarantees in this business, and there is nothing to stop the Central Planners from throwing a trillion dollars at the stock market Tuesday, sending stock prices 20 percent higher, however, in dealing with probabilities, standard technical analysis, fundamentals, and the concept of a generally free market, the odds are higher than at any time since March 2009 that a top of significance is in.


And here is some interesting analysis:-

Attached File  1001EWT.pdf ( 779.13K ) Number of downloads: 240


  Forum: Macro Factors

kelt
Posted on: Jan 15 2010, 09:23 AM


Group: Member
Posts: 1,359

Here is a 4 hourly. Descending triangle and on support. Worth keeping an eye on.
Attached thumbnail(s)
Attached Image


 
  Forum: By Share Code

kelt
Posted on: Jan 14 2010, 12:08 PM


Group: Member
Posts: 1,359

Needs to break resistance at 31.5c to hopefully get some legs. Market depth looking good.
  Forum: By Share Code

kelt
Posted on: Jan 14 2010, 09:48 AM


Group: Member
Posts: 1,359

I'm not sure it will get their, but 14c could provide some support.
  Forum: By Share Code

kelt
Posted on: Jan 13 2010, 09:12 AM


Group: Member
Posts: 1,359

Hello Neilo,

Does look like a H&S. I hadn't noticed that. Great move last night. wow. Was holding wheat but covered corn a few days back because it was getting hard to read.

I covered wheat last night around 536 and may look to short again if there is a bounce (looking at the hourly and 15min charts).

The longest I have held softs for has been about a week (average probably 2 to 3 days). Part of the reason is I have only been trading softs for a few months and I want to get comfortable trading them. I tend to just trade support and resistance and any nice T/A setups. If we are in a Wave c of an ABC down I have a target of around 480.

Looking for a longer term short on sugar if the right setup presents. It's gone from $5 to $29 in about four years.
Attached thumbnail(s)
Attached Image


 
  Forum: Investment Discussion

kelt
Posted on: Jan 13 2010, 07:36 AM


Group: Member
Posts: 1,359

Money as Debt II Promises Unleashed

http://www.youtube.com/watch?v=_doYllBk5No&NR=1
  Forum: Investment Discussion

kelt
Posted on: Jan 12 2010, 11:38 AM


Group: Member
Posts: 1,359

Yeah it's a pretty good idea.
  Forum: Off Topic Chat

kelt
Posted on: Jan 12 2010, 11:23 AM


Group: Member
Posts: 1,359

This is a bit rich...

http://www.washingtonpost.com/wp-dyn/conte...d=moreheadlines
  Forum: Off Topic Chat

kelt
Posted on: Jan 11 2010, 11:21 AM


Group: Member
Posts: 1,359

Might be worth keeping an eye on again for a break. Been consolidating for a long time.
Attached thumbnail(s)
Attached Image


 
  Forum: By Share Code

kelt
Posted on: Jan 8 2010, 07:42 AM


Group: Member
Posts: 1,359

Investment Outlook

Bill Gross | January 2010 Let’s Get Fisical

http://www.pimco.com/LeftNav/Featured+Mark...anuary+2010.htm
  Forum: Investment Discussion

kelt
Posted on: Jan 7 2010, 04:43 PM


Group: Member
Posts: 1,359

Where the Markets Are Right Now
  Forum: Macro Factors

kelt
Posted on: Jan 7 2010, 01:27 PM


Group: Member
Posts: 1,359

Went short both corn and wheat this morning. With corn I don't have a E/W count on it. Just looks like a bear flag, so tried to get short at the top of the flag with a stop just above.

Needs to break the orange support line to play out nicely with a initial target of 410. Charts a bit messy so just a one or two day trade. If it breaks the orange line I will probably move my stop down to just above it.

Attached Image

  Forum: Investment Discussion

kelt
Posted on: Jan 7 2010, 12:56 PM


Group: Member
Posts: 1,359

Wheat got to 568. Looks like the run may be over.

Attached Image

  Forum: Investment Discussion

kelt
Posted on: Jan 6 2010, 03:08 PM


Group: Member
Posts: 1,359



Attached Image

QUOTE
As you can see, 2009 was a bit of an “eye of the storm” year, a time in which mortgage rate resets dropped to multi-year lows. It is not coincidence that 2008 featured a peak in mortgage rate resets accompanied by a stock market implosion and massive write-downs in the banking sector. We are now heading into a similar wave of resets for 2010-2011. Indeed, from a mortgage rate reset perspective, 2010-2011 looks virtually identical to 2007-2008.

The only difference is that for this wave of resets, the Federal Reserve has ALREADY played its hand. Back in 2007, the Fed had pumped a few hundred billion Dollars into the financial system, but had yet to resort to the unbelievable array of lending windows/ bailouts/ outright acquisition of toxic waste assets.


Full Article:- http://www.gainspainscapital.com/


  Forum: Investment Discussion

kelt
Posted on: Jan 6 2010, 02:37 PM


Group: Member
Posts: 1,359

It's getting pretty interesting. 4/77
  Forum: Off Topic Chat

kelt
Posted on: Jan 5 2010, 11:56 PM


Group: Member
Posts: 1,359

The Quiet Coup

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we're running out of time.

by Simon Johnson

http://www.theatlantic.com/doc/200905/imf-advice
  Forum: Investment Discussion

kelt
Posted on: Jan 5 2010, 03:36 PM


Group: Member
Posts: 1,359

Conversation with John Rubino

http://philsbackupsite.wordpress.com/2010/...th-john-rubino/
  Forum: Investment Discussion

kelt
Posted on: Jan 5 2010, 12:55 PM


Group: Member
Posts: 1,359

Ron Paul's ideas no longer fringe

With the economy still struggling, the lawmaker's libertarian views are getting serious attention.

http://www.latimes.com/business/la-fi-ron-...0,6923745.story
  Forum: Investment Discussion

kelt
Posted on: Jan 5 2010, 12:13 PM


Group: Member
Posts: 1,359

Global bear rally will deflate as Japan leads world in sovereign bond crisis

Milton Keynes will be vindicated. Lord Keynes will lose some of his new-found gloss. The Krugman doctrine that we should all spend our way back to health by pushing deficits to the brink of a debt spiral – or beyond the brink – will be seen as dangerous.

http://www.telegraph.co.uk/finance/comment...-to-pieces.html
  Forum: Investment Discussion

kelt
Posted on: Jan 3 2010, 02:15 PM


Group: Member
Posts: 1,359

Is it all just a Ponzi Scheme?

Attached File  24483430_December_2009.pdf ( 85.86K ) Number of downloads: 73
  Forum: Investment Discussion

kelt
Posted on: Jan 3 2010, 01:31 PM


Group: Member
Posts: 1,359

Stocks ended 2009 with a down day, the Industrials losing 120.46 points, closing at 10,428.05. The S&P 500 also suffered, down 11.32 to 1,115.10. The NASDAQ Composite fell 22.13 to 2,269.15, with the NASDAQ 100 down 18.34 to 1,860.31. The Russell 2000 fell 8.68 to 625.39, while Trannies fell 76.88 to 4,099.63.

NYSE volume was a low 61 percent of its 10 day average, so we should not draw any conclusions about the coming short-term trend from Thursday's pre-holiday trading. Next week should see volume get back to normal, and that should tell us where stocks are headed next. There is significant risk of a coming decline at this time, with the possibility folks will take profits on 2009 gains in January, knowing they can hold off paying taxes until next year on those gains. Downside volume on the NYSE came in at 82 percent Thursday, with declining issues at 67 percent and downside points at 98 percent.

Blue Chip stocks Demand Power fell 7 points to 376, while Supply Pressure rose 5 points to 355, telling us the decline was moderate with bids hard to find. The S&P 500 fell back under resistance, below 1,120, so any uptrend breakout from here is being held back by various powerful Bearish forces we have been presenting for weeks. The 10 day average S&P 500 Advance/Decline Line Indicator fell to 287.4, remaining on a buy signal, but trending down. The McClellan Oscillator went negative Thursday, closing at negative -5.19.

The Industrials percent above 30 days indicator fell to 50.00 from 66.67, and the percent above 10 day fell to 33.33 from 76.67, with the percent above 5 day falling to an oversold 6.67 from 63.33.

The big news from Thursday's action is our key trend-finder indicators for Blue Chip indices generated a new sell signal. The Purchasing Power Indicator fell to negative -54.69, remaining on a sell signal from December 17th. The 30 Day Stochastic fast fell to 50.00, below the Slow at 66.67, remaining on a sell signal from December 8th. The 14 Day Stochastic Fast fell decisively below the Slow, to 36.67, with the Slow coming in at 68.33, generating a new Sell signal. This could spell trouble for stocks if it does not reverse next week on stronger volume.

The NDX key trendfinder indicators moved to a new sideways signal Thursday. The NDX PPI fell to 53.04, remaining on a buy signal from December 1st, however the 14 Day Stochastic Fast fell to 58.00, decisively below the Slow at 72.20, triggering a new sell signal. The NDX 10 day average Advance Decline Line Indicator fell to 10.9, remaining on a buy signal. NDX Demand Power fell 5 points to 390, with Supply Pressure rising 3 points to 379, telling us the decline Thursday was moderate.

The Russell 2000's PPI fell to 32.57, remaining on a buy signal.

The HUI Amex Gold Bugs Index rose 1.76 points to 429.91, with Gold up to 1,096.2, Silver up to 16.83, Oil up to 79.36, the Dollar up 0.04 to 77.95, and Bonds down a half to 115^12.

The HUI key trend-finder indicators remain on a sell signal, the PPI rising to 274.39, and the 30 Day Stochastic Fast coming in at 5.00, below the Slow at 8.33.

Our Call/Put Ratio for stocks came in at 1.27 Thursday. Our PPT Indicator came in at negative -9.60.

For the year 2009, here is how the various indices performed:

The Industrials rose 18.8 %.

The S&P 500 rose 23.5 %.

The NASDAQ Composite rose 43.9 %.

The NASDAQ 100 rose 53.5 %.

Trannies rose 15.9 %.

The Russell 2000 rose 25.2 %.

The HUI rose 42.2 %.

Gold rose 24.1 %.

Silver rose 48.8 %.

Treasury Bonds fell 16.1 %.

Oil rose 77.9 %.

The U.S. Dollar fell 4.0 %.

But here is what we need to keep in perspective: How did markets do for the first decade of the 2000 millennium? Stocks did not do well. Precious metals and Gold stocks did very well. Over the 10 year period from January 1st, 2000 through December 31st, 2009:

The Industrials remain down 8.25 percent. They remain lower today than they were in 1999. The S&P 500 remains down a whopping 24.1 percent. Cash vastly outperformed the S&P 500. The NASDAQ Composite remains down a huge 43.69 percent. The NASDAQ 100 is down 49.33 percent, sitting at only half its value in 1999. However, Trannies are up 40.28 percent, the Russell 2000 is up 25.62 percent. The biggest winners are the HUI Gold Stocks index, up a huge 478.35 percent, with Gold up 280 percent, Silver up 209 percent, and Oil up 210 percent.

The decade's performance was much worse when monetary inflation is taken into consideration, with the money supply quadrupling over this period of time. The best defense was precious metals and oil.

  Forum: Macro Factors

kelt
Posted on: Jan 3 2010, 01:29 PM


Group: Member
Posts: 1,359

Here is Volkers thoughts, pity Obama doesn't listen...

Paul Volcker: The Lion Lets Loose

Charlie Rose talks financial reform with former Federal Reserve Chairman Paul Volcker

http://www.businessweek.com/magazine/conte...62011026995.htm
  Forum: Investment Discussion

kelt
Posted on: Jan 2 2010, 06:55 PM


Group: Member
Posts: 1,359

I'm not sure why Greepspan is still getting airtime either, but from what I gather from the article it looks like thier will be strong opposition to QE's round 3 which is good.

Plastic from what I read it will take about another 7/8 years for the world to wean off the US$ as a reserve currency and form something different. It will be a day that many people outside the US will be celebrating, with good reason too.
  Forum: Investment Discussion

7 Pages (Click to Jump) V   1 2 3 4 > » 

Cant find what you are looking for? Show all active topics from the last 3 months


New Posts  New Replies
No New Posts  No New Replies
Hot topic  Hot Topic (New)
No new  Hot Topic (No New)



TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING