I see it’s been a month since my last post, and I recall I was in quite the mood at the time. Of course, I’m still in a mood, what with the American President apologizing to other leaders for our mistakes again, more money printing, and a baby due in [...]
Howdy, SharePlanners! I had to come out of my shell to share this recent headline from the PermaBears at ZeroHedge: Market Volume Hits Fresh Non-Holiday Decade Lows. I tell ya, when I can actually see the cynicism dripping from articles as this, I have to laugh out loud. Combine [...]
From Jim Rogers' Blog: January 19, 2012 Watch Out For 2013 There are 40 elections in 2012. Everybody is going to do their best to get us through the election. Watch out for 2013. - in Economic Times I came across this today, and wanted to share it. I [...]
While browsing for my hourly digest of nonstop pessimism on ZeroHedge, I felt a tremor in the Force. A feeling I had not felt since…. Well I look over and recognize that familiar iBankCoin calling card. I’m just wondering, are they making enough money that they can afford to advertise [...]
Ok, yes, calm down! Sit down, please, everyone will get to speak! Thank you. Yes, the Edgy Investor has been AWOL for a while, but I haven't been KIA! I've had some actual deadlines placed on me at work and haven't been able to chat on a daily basis now, [...]
The S&P bounced be-YOO-tifully against the old, upper Fibo level I talked about yesterday. If you didn't read that one, it's the two horizontal pink lines that represent at 61.8% and 50% retrace level from the 2008 high to the 2009 low. This also coincides with my personal bias that [...]
Look at the side-by-side chart below and see if you see any similarities. Is this what a V-shaped Recovery looks like? While looking at 30-min and hourly charts of IWM and the S&P, I thought I noticed a familiar pattern. The left chart is the weekly S&P of late 2008 [...]
Edgy has been tied up in the Bears' basement for the past week, looking at his TNA position and re-evaluating his life. Thanks to the TD Ameritrade server breakdown fiasco last Friday, I didn't know I was even in TNA until an hour and a half later. At the time, [...]
As Wayne and Garth would say while playing street hockey, after a car drove by, “Game On!” The Bear Trap I posted about a few days ago is over, and whatever-the-heck this market wants to do may now resume in whatever direction it will go. […]
Time for me to stop raging against the machine and join them. Trend following isn't about looking at the news and fundamentals like the sun and saying that it isn't there. Because The Powers That Be will NOT allow markets to fall unless it would benefit themselves in one way [...]
I'm 95% cash for the weekend, and expect to get short on Tuesday. This is assuming, of course, that hurricane Katia (I pronounce it kuh-TEE-uh) doesn't wash over Central Florida and knock out my power. It was almost funny to hear the Northerners complain about losing power for a few [...]
