Wednesday, August 28, 2013
"There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our Constitution."
-- John Adams Source
at 10:36 PM
Tuesday, August 27, 2013
Short term is above previous low, but not oversold.
Long term is extremely overbought.
Composite is neutral.
A rip your face off rally could occur to squeeze out short term shorts if my short term indicators build from here. Obviously, I'm still negative for the longer term.
at 10:17 PM
Monday, August 26, 2013
Sunday, August 25, 2013
Sunday, August 18, 2013
Medium term neutral.
Long term overbought.
We're looking for a lower low on the composite indicator.
I'm not sure how much I will be able to post this week.
"Neither paper currency nor deposits have value as commodities, intrinsically, a 'dollar' bill is just a piece of paper. Deposits are merely book entries."
Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975
at 11:31 AM
Friday, August 16, 2013
Wednesday, August 14, 2013
I noticed how much this longer term indicator diverged from the Dow during 2006 and 2007. There is a very slight divergence currently forming. All small pieces eventually make up a whole. I do not know if it is a cause for alarm, but buying here is not like buying in 2008. By the way, check out how this signaled strength in 2009 despite the Dow plunging.
at 10:07 PM
Tuesday, August 13, 2013
For those of you who wanted more scientific references in my "Eat as Much as Possible," the link below provides very comprehensive analysis of thyroid and metabolism importance for lowering cholesterol and beating heart disease.
I suspect this is part of the reason fructose (fruit sugar) reduces serum cholesterol - it doesn't interfere with metabolism (thyroid hormone), and provides fuel for the liver to combine cholesterol with thyroid hormone (T3) and pre-formed vitamin A (retinol) to form sex hormones.
I recommend getting labs done prior to beginning experimentation. Before you argue for your limitations from a genetic standpoint, remember one other characteristic of families - they live together and pass on habits.
Argue for your limitations, and sure enough they're yours.
at 10:31 PM
Monday, August 12, 2013
Silver is bouncing off the bottom of its channel. Recall a while back I said this old resistance point (from 2009 and 2010) should serve as support. I don't think the bull market in silver or gold are completely over, but I don't know if what I think matters. The formatting on this site is awful.
Still serious weakness in the summation index. I still think my indicators (as I've identified most bottoms the past three years and far more tops than actually occurred) are valuable for someone who has the time to actively trade and has lots of willpower.
I'd be lying if I said I still traded a lot like I did in 2011. My energy has been devoted to my new job and exploring nutrition and health. Good health seems incompatible with active trading stress. Maybe one day I will return.
The Fed's balance sheet continues to grow. Monetary base growth continues to outpace inflation, and the yield curve remains normal.
There was some interesting news on Zerohedge today: that taper odds are higher, that the Fed is finally admitting QE may not impact real economic growth, and that they are blaming a possible crash on leveraged ETFs.
"In the next 50 years [i.e., by 2021], fine dust that humans discharge into the atmosphere by burning fossil fuel will screen out so much of the sun's rays that the Earth's average temperature could fall by six degrees. Sustained emissions over five to 10 years [i.e., 1976-81], could be sufficient to trigger an ice age."
Washington Post, July 9, 1971
at 9:52 PM
Sunday, August 11, 2013
A continuation of my health information: http://180degreehealth.com/2013/08/sugar-bitter-truth
"Alright, so I’ve lost 150 pounds of fat eating a high-sugar diet, mostly coming from the sugar in sweet fruit." .
"There is nothing so disastrous as a rational investment policy in an irrational world."
John Maynard Keynes
at 8:30 PM
Thursday, August 8, 2013
I've been gone a few weeks. Here are the latest charts.
"Impossible is a word to be found only in the dictionary of fools."
at 10:19 PM