Thursday, May 30, 2013

30 May 2013

 Medium term slightly slowed today.
Short term had a slight bounce.

Wednesday, May 29, 2013

29 May 2013

 Short term declined today.
Medium term continues its decline from two weeks ago.

Sorry for the straight line movements between today's point and recent points.  As I said, I couldn't update it due to software issues and vacation.  Either way, the current value is what its important.

Buying climaxes remain elevated.

Remember my rule on rally timing.  When the shittiest stocks finally get rotated into, the rally is almost over for everything.  See the Nikkei and Fannie Mae lately.  This is much like the Dow compared to the Nasdaq as of late too.

The Dow still hangs in the clouds.

"How far you can go without destroying from within what you are trying to defend from without?"
Dwight D. Eisenhower

Tuesday, May 28, 2013

28 May 2013

Short term has fallen off some and is neutral.  Medium and long term remain elevated.

Sorry for the lack of posts lately.  I've been out of town and have had software issues.

The McClellan summation index has also entered a downtrend.  When will the major indexes catch on?

Thursday, May 23, 2013

23 May 2013

 Medium term to long term remain extremely overbought.  It looks like my trendline on the composite indicator might have to get tested soon.
Short term has already fallen off quickly.  Medium term remains elevated.

Best of luck.

Wednesday, May 22, 2013

22 May 2013

 Buying climaxes rocketed higher today.  Lots of blow off tops in individual stocks?
 Medium term decidedly turned negative today.
Short term did as well.

Remember, it is usually volatile to both sides after FOMC so don't go chasing either direction immediately.  But pick a side, and stick with it when it looks good on all time scales.

Tuesday, May 21, 2013

21 May 2013

 Medium term slightly increased today.
Short term did as well.

Silver's decline in context.  A long time ago when silver was around 47 dollars an ounce, I made fun of people panic buying despite being a silver bug for a long time.  The 21 dollar price (20 on here) served as resistance for a long time (2008 and much of 2009 and 2010).  When finally surpassed, it was off to the races.  We are finally getting back there.  It should serve as support, but anything can happen.

Despite many calls proclaiming the silver and gold runs are done, I think they will peak around 2016 - 2018. Why do I think this?  I don't know, just making it up really, but I am biased because I still hold physical of both bought at levels much lower than this.

Monday, May 20, 2013

20 May 2013

 Medium term slightly up today.
Short term slightly up today.

Very interesting price action in gold and silver at recent price support.  This kind of violent price action typically marks turning points, but I'm not 100% confident until we break negative trendlines.

Good luck ya'll.

Sunday, May 19, 2013

19 May 2013

 Medium term's decline slowed slightly on Friday.
Short term increased Friday.  The Dow is going exponential.

I'll try to update my Nasdaq versus Gold chart this week to see how we line up.

"In finance, everything that is agreeable is unsound."
-- Winston Churchill

Friday, May 17, 2013

17 May 2013

 Yes, medium term went down again today.
So did short term.  Who is selling while the Dow is pumped?

Long term still outrageously overbought.  Everyone knows that.

A little out of the ordinary "indicator," but here ya go.

I've been doing this since late 2008.  It's been very tiring to keep it going and watching something that seems to becoming increasingly meaningless in our economy, the stock market.  Yes, I said it.  It doesn't seem like anyone cares any more, and generally I don't.  Anyways, It looks like we are on track to break that descending trendline on my hits depending how the rest of May goes.  Thanks to the loyal fans.

As a chartist, when you break a descending trendline that's been in place for so long, you explode upward - remember my silver 2010 call?  Anyways, it looks like is poised to blow up.  What could that mean?  Maybe I finally turn out right?

We'll see.

Wednesday, May 15, 2013

15 May 2013

 Slight decline in the medium term
Short term actually slightly declined today.

Across the board, the McClellan Oscillators, Zweig Breadth, the McClellan Summation indexes have declined recently while the Dow relentlessly melts up.  This situation usually doesn't end well.

Tuesday, May 14, 2013

14 May 2013

 Medium term went down today.
Short term increased slightly.

Somehow researchers are so scientifically advanced that they can identify a gene  that causes breast cancer, but can't beat cancer other than cutting off breasts.  Wow, great investment over the past thirty years.  Maybe at some point, they'll admit environment structures genes the same way genes shape environment, and give up on pushing this "genes" dictate everything crap which suits the genetic engineering agenda - which has the potential to destroy the entire earth.

Love this quote from
"Anyway, Angelina’s docs supposedly told her, with her mutated BRCA1 gene, that her risk of getting breast cancer was 87%.  Okay, so they can’t prevent or cure cancer, but they know enough about it to provide an exact statistical projection of its likelihood?"

In the wake of angelina jolie chopping off her mosquito bites, ladies, you want to keep your ladies. we want you to keep your ladies. put down that salad, tell your doc to drop the knife and estrogen, and eat some grapefruit.

1) loaded with quercetin and narginenin. yeah, i can't say them either, but they are aromatase inhibitors. aromatase converts your pro-life hormones like progesterone into stress hormones like estrogen (there are good estrogens and bad estrogens man - this isn't a male / female thing). research shows high progesterone / pregnenolone / DHEA to bad estrogen ratios prevents cancer. men, don't feel left out, this same mechanism prevents prostate cancer.

2) loaded with magnesium, another bad estrogen antagonist. and helps you relax with men stressing you out all the time.

3) your doctor has a time machine, studied how humans ate 100,000 years ago, and told you carbs are bad huh? did you ask him what his appendix does for him? guess he left out that your liver uses fructose to convert cholesterol to (pregnenolone first) progesterone. and you like to get wasted? that fructose also powerfully removes alcohol from the blood stream. damn man. go wild.

4) aw, you heard that fructose causes NAFLD. grab some choline and cholesterol from real eggs and stop whining. make some hormones. raise your body temp. raise your thyroid levels. raise your sex drive.

5) you never realized how much boobs look like grapefruit and oranges? check out the pic.

6) i hear people saying this procedure gives women power. only in america would we say a masculinizing procedure is feminist.

7) you're allergic to gluten? grapefruit doesn't have gluten. but it does help GAPS dieters prevent endotoxin.

 you don't like how citric acid readily metabolizes into CO2 with less oxygen needed because CO2 is bad for the environment? the universal antioxidant CO2 raises circulation, body temp, metabolism (burn more food off while doing less) and raises the temp of the earth so more vegetation can grow. terrible right?

9) how do you know all this stuff, you're not a doctor? you're right, i'm not paid based on how many pharmaceutical drugs i give out

Monday, May 13, 2013

Sunday, May 12, 2013

12 May 2013

 Longest term (third pane) moving average has caught up to the extreme levels of the indicator itself.
My composite indicator (fourth pane) is touching its upper 2 standard deviation bollinger band.  Something that looks like its never happened before.  Impressive what $85B a month will do.

The only problem with juicing the market with this flow is that as it grows, in order to grow at the same rate, you actually need more and more money to keep it going (fixed percentage rate growth requires greater amounts as the stock grows).  This is why any threat to curtail it is huge because at some point, $85B only will represent "steady state" and $0B is NEGATIVE for that reason.

"Physical concepts are free creations of the human mind and are not, however it may seem, uniquely determined by the external world".
-- Einstein

Thursday, May 9, 2013

9 May 2013

McClellan is about as high as its ever been.  
 Long term is lagging its previous peak somewhat.

 Medium term slowed a bit today.  Still lagging previous peak.
Short term appears to have turned down.  Lagging most recent peaks despite the relentless rise.

Wednesday, May 8, 2013

8 May 2013

 Looks like we are just now pulling back into line with the DJIA to MZM ratio.  Bernanke's making huge gains in credit growth, it just isn't impacting stocks like it used to.  The megaphone pattern could be taking hold on the DJIA.  Check out what a fantastic time it is to be buying historically.  Amazingly cheap.  Remember as a general rule in the world, all exponential growth collapses.
 Medium term overbought.
Short term overbought and lagging.

Tuesday, May 7, 2013

7 May 2013

 Medium term back into overbought territory.
Short term lagging previous peak and in overbought territory.

Does anyone else think the Dow and S&P are trading like penny stocks these days?  If central banks have always been so omnipotent, I don't know why anyone has ever worked.

Monday, May 6, 2013

6 May 2013

 Short and medium term remain overbought but slowed today.
Long term remains insanely overbought.

I'm a broken record.

Sunday, May 5, 2013

5 May 2013

 Medium term is heading back to overbought levels.  Still lagging previous peak.  This looks like the rally in 2010 and 2011.
Short term is lagging most recent peak.  Not yet overbought.

"Women can fake orgasms.  Men can fake entire relationships."
Sharon Stone

Friday, May 3, 2013

2 May 2013

 Short terms are bouncing but failing to best recent peaks.
Long terms and my composite indicators are all very high.  the 89 over 233 is about as high as its ever been.

Wednesday, May 1, 2013

1 May 2013

 Buying climaxes starting to rise again.
 Long term still overbought.
Medium term turned down pretty hard today considering its a slower index.
 Short term continued its path from the last few days.  Admittedly, it did have a positive divergence from its previous peak, this still doesn't feel good.

Best of luck.