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Paul B. Farrell
July 24, 2014, 9:33 a.m. EDT
Great Crash of 2016, third $10 trillion loss this century
Commentary: Greenspan’s ‘black box’ syndrome now handicaps Yellen
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By Paul B. Farrell, MarketWatch
Sometime after the Great Crash of 2016, Fed Chairwoman Janet Yellen will be testifying before Congress, just like Alan Greenspan was forced to do in 2008. She will be explaining why America has already had three megacrashes in the 21st Century, each draining roughly $10 trillion, each a direct result of Federal Reserve policy failures. She will be forced to explain why the Great Crash of 2016 was a clone of the bank credit crash of 2008 and the 2000 excesses.
Getty Images
Former Federal Reserve Chairman Alan Greenspan.
But we already know exactly what Yellen will be forced to admit: That she is a clone of Alan Greenspan, who was a perfect clone of capitalism’s patron saints, Milton Friedman and Ayn Rand, going back decades. To fully understand this self-destructive lineage, simply focus your laser on the one admission Greenspan made to Congress in 2008, eight words that explain why Greenspan’s bizarre capitalism failed and why it will happen again and again under Yellen ... “I really didn’t get it until very late.”
No, you don’t have to be a neuroscientist, psychologist or behavioral-finance genius to understand what Greenspan was saying, in this confession to Congress, to American investors, the whole world:
Greenspan says capitalism was working just fine ... in his head ... for decades ... then suddenly, capitalism stopped working ... capitalism exploded in his face ... capitalism is a bubble machine ... very predictable bear-bull cycles ... and a bad habit of exploding ... just when you hope to get just a little richer ... but instead, capitalism’s bubble explodes ... triggering trillions in losses ... did it in 2000, again in 2008, certain to repeat around 2016 ...
He was on the job 18 years, Not enough. Unfortunately the esteemed head of our monetary system never “really got it until very late.” Capitalists never do “get it.” Never will get it. Neither does Yellen, she’s just a clone of robotic Greenspan. It’s the curse of capitalist leaders.
Greenspan was rigid, dogmatic, ideological, misleading 95 million American investors and billions worldwide for 18 years as de facto head of the world’s monetary system. His book “Age of Turbulence” netted him a nice $8.5 million, lots of speaking and consulting fees. But the stock market he left behind crashed in 2008 with investors losing over $10 trillion in market cap, on top of the trillions lost earlier in 2000 during the middle of his tenure as Fed chairman.
So put it on your calendar, a new bubble is certain to explode in Yellen’s face by 2016 with trillions more market cap lost.
Greenspan ‘black box’ syndrome infected Bernanke, then Yellen’s brain
The “Greenspan black box,” a neural data recorder, saved everything in his brain for the past 40 years. And you don’t have to be a neuroscientist, psychologist and behavioral economist to analyze the data is in Greenspan’s brain, with contrarian evidence there, but hidden. That’s why he said: “I really didn’t get it until very late.” The risks were actually in his neural system, but isolated and ignored ... till too late.
Yes, our Fed leaders’ brains know their capitalist dogma has stopped working but can’t admit it, hang on to a failing system rather than moving on. Greenspan tried, confessed: “Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief.” But Bernanke, and now Yellen still prop up America’s failing capitalism.
But while the facts were there, Greenspan’s brain blocked the warnings: “I really didn’t get it until very late,” too late to change course. It took the 2008 exploding bubble before Greenspan was shocked awake. Then, finally aware his 40-year theories of capitalism weren’t working, Greenspan admitted to the world: “Yes, I found a flaw, that’s precisely the reason I was shocked because I’d been going for 40 years or more with very considerable evidence that it was working exceptionally well.”
For 40 years his capitalist brain favored ideology over facts ... beginning back in the 1960s, a couple decades before Reagan appointed him Fed chairman and he served from 1987 until early 2006 ... while he advised four American presidents ... while congressional leaders trusted his judgment and guidance ... while central banks worldwide hung on his every word for 18 long years ... as capitalists called him “Maestro” and “Rock Star.” Yes, Alan Greenspan was the great oracle of capitalism for investors worldwide.
Capitalism works? Bubbles, crashes, cycle repeats ... who can’t “get it?”
Then, after 40 years, something bad happened ... capitalism stopped working. So let’s rerun Greenspan’s tape, analyze it in our neural brain translator. The setting: Greenspan in Washington, a few years after he left the Federal Reserve.
Time stamp: October 2008, just days before the McCain-Obama presidential elections. A time GOP conservative easily forget. Wall Street, banks, financial markets crashing, chaos, economies failing, governments bankrupt. As Greenspan was testifying to the U.S. Congresss
Translation: “Yes, I found a flaw in capitalism ... and I was shocked ... for over four decades, 40 years ... my brain had been collecting massive evidence proving beyond a reasonable doubt to my satisfaction that capitalism was working incredibly well ... but then capitalism crashed ... yes, even as head of the American and world monetary system, impacting all economies ... I just didn’t get it until too late.”
Our translator continues with Greenspan: “Yes, it took me 40 years of working with the economics of capitalism, using theories learned from great capitalist brains like Nobel economist Milton Friedman, author of “Capitalism and Freedom,” and conservative philosopher Ayn Rand, author of classics “Atlas Shrugged” and “The Fountainhead,” a long-time personal friend and mentor who once said, ‘when I say capitalism, I mean a pure, uncontrolled, unregulated laissez-faire capitalism,’ I, Alan Greenspan, was certain capitalism was working perfectly ... until the capitalism just stopped working in 2008.”
Sadly, Greenspan “really didn’t get it until too late to stop the crash ... didn’t get that free market capitalism was seriously flawed.” Get it? Capitalism’s failed twice and will certainly fail a third time in the 21st century. Will we ever learn? Will our leaders ever get it? Or will they keep driving us past the point of no return?
Bottom line: What Greenspan missed: Fact-cycles beat theory-ideology
What was it Greenspan, Bernanke, now Yellen never “get?” Very simple, the facts. Our Fed leaders not only favor big banks, billionaires, CEOs and insiders, but they simply ignore the facts that capital markets move in predictable cycles. Markets work until they don’t work. Rise to a peak. Explode. Crash. Bears naturally follow bulls. This time is never different. There is no perpetual money machine for capitalist. Facts always trump ideology.
Capitalism is a bubble machine. It blows bubbles. Pretty bubbles that inevitably explode. Then the cycle repeats and repeats and repeats in a statistically predictable pattern. Greenspan missed it in 2008. And, unfortunately, Yellen will miss it in 2016.
Still, the cycles have very well-known pattern: As Investors Business Daily publisher Bill O’Neil summarized in his classic, “How to Make Money in Stocks,” for the past century the average bull cycle runs for an average of 3.75 years. Then falls into a bear for an average nine months. And since it skipped 2013, experts like Jeremy Grantham, founder of the $118 billion GMO money-management firm, is predicting another huge multitrillion dollar crash, a repeat of 2000 and 2008. It will hit us around the next presidential election in 2016.
Although the average human knows capitalism dogma is seriously flawed, our Fed leaders will just keep spreading it, till it’s too late to stop capitalism’s kamikaze trajectory. Worse, there are no incentives to change the system Adam Smith invented and Greenspan, Rand and Friedman have distorted. Quite the contrary, today’s dysfunctional inequality-breeding capitalism keeps getting stronger: Why? Dodd-Frank reforms are dying as the collective power of America’s too-big-too-fail banks, hedge funds, CEOs and private-equity firms keeps growing, protected by anti-government politicians, do-nothing conservatives, weak Democrats, but most of all, a new capitalism where fewer than 100 billionaires own more than half the assets in the entire world.
Eight words that define capitalism: “I really didn’t get it until very late”
Yes, those 8 words say it all: “I really didn’t get it until very late.” That’s capitalism, a game of musical chairs. Admit nothing, till after a collapse. Thanks to the capitalist theories of Friedman and Rand, Greenspan was destined to fail America for 18 long years, is still claiming he didn’t “get it” till too late. Then Bernanke. Now it’s Yellen’s turn. America’s monetary leaders just don’t get it ... and they never will ... until it’s too late ... except next time capitalism implodes, taking American markets and the global economy into a big black hole, forever.
Paul B. Farrell is a MarketWatch columnist based in San Luis Obispo, Calif. Follow him on Twitter @MKTWFarrell.
The Baltic Dry Index Collapses To 18-Month Lows; Worst July Since 1986
Tyler Durden's picture s ubmitted by Tyler Durden on 07/22/2014 17:51 -0400
The bulls will ignore it, shrugging that it's merely over-supply of ships that the resurgent world economy will quickly soak up as it 'recovers'... However, World GDP growth expectations are collapsing, trade volumes are slowing, and the Baltic Dry Index has continued to slump to its lowest since the start of January 2013 (a holiday period). For some context, this is the lowest July level for the Baltic Dry since 1986... "noise"
There's this...
and then there's this...
Which is the worst July level for the global shipping index since 1986...
* * *
And if you think the market is just ignoring this... think again... The bonds of CMA CGM - France's largest world wide shipping firm - are tumbling...
* * *
Of course - H2 will be great and this is just a 13-month dump of noise...
The 2 Charts That Have BofA Worried About A "Greater Correction" In Stocks
Submitted by Tyler Durden on 07/20/2014 14:20 -0400
While the S&P500 rebounded sharply on Friday, BofAML's Macneil Curry warns evidence continues to say that this is a very late stage advance from which a greater correction is forthcoming. The recent deterioration in breadth (52wk highs failing to keep track with price), the negative seasonal period and divergences between the broader indexes say that risk/reward is skewing to the downside. Bottom Line: "The S&P 500 is vulnerable."
Via BofAML's Macneil Curry,
The S&P500 is vulnerable
While the trend in the S&P500 is still higher, with potential for a near term push towards 2000; this is a very late stage advance from which we look for a medium term correction. 1944 (the June-26 low) is key. Below here confirms a top and turn...
The 2 charts he is most concerned about...
Breadth...
The bearish divergence for new 52-week highs from last May points to fewer and fewer new 52-week highs as the S&P 500 has continued to rally to new all-time highs. This suggests weaker internals.
The divergence in new 52-week highs from last May is a sign of a maturing rally from late 2012.
and Seasonals...
With President Obama in his second
term, 2014 is an incumbent mid-term.2014 is following the incumbent midterm year YTD through June. The pattern calls for a June/July peak ahead of a pullback into September.This has the potential to support large and mega caps relative to small caps.
Going back to 1928, July is the strongest month of the year with an average return of 1.52% and is up 57% of the time.
However, June was up 1.9% and July returns tend to fizzle, not sizzle, after an up June. When the month of June is up, July is up only 51% of the time and has an average return of 0.48%. This is well below average for July and a below the average monthly return for all months of 0.59%.
Average:
2.333335
Fade the Break?
Marc To Market's picture
Submitted by Marc To Market on 07/19/2014 10:40 -0400
There is a generally shared view that growth differentials will lead to wider interest rate differentials that will spur the long awaited dollar rally. The markets are anticipatory in nature, and many observers suspect that dollar rally has begun.
The Dollar Index rose to a one-month high before the weekend, extending the push through the 200-day moving average that had occurred earlier in the week. At midweek, the 50-day average moved above the 200-day average in what some technicians refer to as the golden cross.
Despite the disappointing housing starts, other economic data suggests the US economy not only expanded by a little more than 3% in Q2, but the positive momentum has carried over into the start of Q3. The Bloomberg consensus expects the world's largest economy to expand at a 3.1% annualized clip in both Q3 and Q4.
However, the US 10-year yield has no traction. It dipped below 2.44% last week, as stock market fall, housing st. arts crumbled (only in the south, but enough to drag the national aggregate dramatically lower) and geopolitical tensions rose. The yield is off seven bp in the past week and 14 bp in the past month. The 2.48% close was the lowest weekly close since the end of May.
Some of the factors that drove US yields down also drove the yen higher, like the geopolitics and the sharp sell-off in stocks on July 17. The dollar successfully tested the JPY101 level for the second time in two weeks. There is a band of resistance in the JPY101.50-65 area. It needs to be overcome to take the pressure off a re-test.
Before the weekend, the euro broke below the $1.35 level for the first time since February. It is approaching a trend line on the weekly bar charts that comes in near $1.3470. Although technical indicators, like the MACDs, are trending lower, and the 5-day average is below the 20-day, we are not convinced this is the long anticipated breakout.
We suspect the euros's break of $1.35 was a bit of a fluke, perhaps driven by the cross against the yen. The break took many by surprise, but strong bargain hunting quickly emerged and the euro finished net-net little changed from the previous session, which itself was little changed from its previous session. Essentially the euro has been unchanged on a closing basis since July 16.
A combination of an upside surprise on US inflation and a downside surprise of the euro area flash PMI readings could give the market the incentive to push the euro through the weekly trend, in which case the next target is $1.34. Nevertheless, we suspect the $1.35-$1.37 trading range will remain intact, even if it frays a bit.
Sterling technical tone has deteriorated, and the 5- and 20-day moving averages are set to cross over the next couple of sessions. Sterling spiked to new highs in response to the CPI's upside surprise. However, that high was not confirmed by the technical indicators. This has created a bearish divergence.
We do not think that sterling has peaked yet, but the technicals and market positioning suggests caution is warranted. New buying is likely to emerging on a further pullback into the $1.6950-$1.7000 area.
Within a narrow consolidative range, the Australian dollar staged an outside up day as the government seemed more relaxed about the currency’s strength than the central bank. The technical tone is favorable. The RSI has turned up, and the MACDs are about to. The next target is near $0.9460.
The technical tone of the Canadian dollar is not as favorable. The Aussie looks set to outperform the Loonie. It is flirting with CAD1.01, which it tested three times last week. A break of this would signal a move toward CAD1.0200-50.
The US dollar spiked to CAD1.08 on the central bank’s statement indicating that although the CPI has not peaked, the gains are likely to prove temporary and full capacity utilization was pushed out again. As if on cue, before the weekend the June CPI figures were stronger than expected and the greenback fell to almost CAD1.07.
We suspect that the quick move to CAD1.08 was a shakeout of weak late longs. As of July 15, the speculators in the futures market had a gross long Canadian dollar position that was the largest in nearly 18 months. It has doubled in the past month. A consolidation phase would not be surprising in the near-term.
The US dollar closed just below MXN12.95 before the weekend. It is the lowest weekly close in six weeks. The net long position in the futures market has been essentially unchanged for the past four-reporting periods. However, what appears to be the driving force is the demand for peso-denominated government debt. Foreign holding of official peso debt is at a record. They are anticipating the opening up of Mexico’s energy market, with draft rules approved by Senate committees last week.
The next level of support is seen near MXN12.90. We still look for a retest on the MXN12.80 area, even though the previous head and shoulders pattern did not unfold as hoped.
Lastly, given the anticipated growth and price pressures, we continue to think that US 10-year yields below 2.5% are not sustainable. A move back above the 2.56%-2.57% area will help stabilize the tone.
Observations from the speculative positioning in the futures market:
1. Position adjustments were minor in the latest Commitment of Traders report for the week ending July 15. Of the 14 gross currency futures positions, 11 were adjusted by less than 5k contracts. The only significant position adjustment (we define as more than 10k contract change) was the 11.5k contracts added to the gross short position. It now stands at 112.4k contracts, which is by far the largest short position among the currency futures. The gross short yen position of 71.3k is is the second largest.
2. Speculators continued to accumulate Canadian and Australian dollars. The gross long Canadian dollar position edged 2.1k contracts higher to 60.4k. This is twice as much as a month ago. The gross long Australian dollar position rose 4.2k contracts and has grown 7-fold since mid-March to 70.9k contracts.
3. Although gross sterling longs slipped fractionally, at 86k contracts it is still larger than the gross long euro, Swiss franc and yen futures positions combined.
4. There was a sharp reduction in the net short 10-year Treasury futures. This was not a function of short covering. In fact, the gross shorts edged higher by 5.7k contracts to 479.2k. The reason the net short position fell to 53.6k contracts from 96.8k is because new longs came into the market. The gross long Treasury position increased by more than 10% to 425.6k contracts
Federal Debt to Reach 106% of Economy in 2039, CBO Says
By Kasia Klimasinska Jul 15, 2014 11:05 AM CT
The U.S. debt held by the public is expected to rise to 106 percent of the economy in 2039 from 74 percent this year, largely driven by increases in the cost of health benefits, the Congressional Budget Office said.
To put federal finances on a sustainable path, Congress must boost revenue, cut spending on benefit programs or combine the approaches, the nonpartisan CBO said in its long-term budget outlook released today.
“The unsustainable nature of the federal tax and spending policies specified in current law presents lawmakers and the public with difficult choices,” CBO said in the report. “Unless substantial changes are made to the major health-care programs and Social Security, spending for those programs will equal a much larger percentage of GDP in the future than it has in the past.”
The CBO projected in April that the U.S. budget deficit will narrow to $492 billion this year, the lowest level since 2008 and down more than 60 percent from a record $1.4 trillion in 2009.
Higher spending on Medicare and Medicaid will cause the budget deficit to begin increasing in 2016, according to CBO’s projections.
As a share of the economy, the budget deficit will increase to 3.7 percent in 2024 and 6.4 percent in 2039, from 2.8 percent in 2014, the agency said today.
Senator Hatch
Senator Orrin Hatch, a Utah Republican, said in a statement that the CBO report “is a stark reminder of the urgent need for entitlement reform.”
The CBO in April projected that this year’s debt would be 73.8 percent of U.S. gross domestic product. The debt will rise to 78 percent of GDP in 2024 and increase to 106 percent in 2039, a level seen only once before in U.S. history, just after World War II, CBO said today.
“Federal spending for Social Security and the government’s major health-care programs -- Medicare, Medicaid, the Children’s Health Insurance Program, and subsidies for health insurance purchased through the exchanges created under the Affordable Care Act -- would rise sharply,” CBO said.
By 2039 those programs would reach 14 percent of GDP by 2039, “twice the 7 percent average seen over the past 40 years,” CBO said.
Also contributing to the higher cost will be higher interest payments on the debt, the CBO said.
“The government’s net interest payments would grow to 4.5 percent of GDP by 2039, compared with an average of 2 percent over the past four decades,” according to the report.
Last year, CBO expected the 2039 debt-to-GDP ratio at 102 percent, the report said.
“The nominal amount of debt projected for 2039 is nearly the same in both projections, but GDP is now projected to be a bit smaller, resulting in a slightly higher ratio of debt to GDP,” the CBO said.
To contact the reporter on this story: Kasia Klimasinska in Washington at kklimasinska@bloomberg.net
Fed Members Reach Peak Complacency
Tyler Durden's picture
Submitted by Tyler Durden on 07/13/2014 13:22 -0400
Federal Reserve
Unemployment
Volatility
Amid consternation at the market's low levels of volatility - and concerns voiced regularly by Fed officials of 'complacency' - it appears the FOMC has never been more confident in its omnipotence. As WSJ reports, despite being consistently too optimistic about economic growth and too pessimistic about the falling unemployment rate, Federal reserve policy makers have never been less uncertain about their forecasts...
With consensus 2014 GDP expectations collapsing to +1.7% (and the Fed still at 2.1 to 2.3%), it appears the Fed's peak complacency is perfectly anti-correlated to the actual uncertainty about the future.
‘Supermoon’ coming tonight
July 12, 2014, 2:23 PM ET
Reuters
The first of summer’s three “supermoons” will light the skies Saturday.
The full moon will look unusually big and bright, since will be in one of this year’s closest approaches to Earth (the distance varies, since our satellite has an elliptical orbit).
Native Americans gave this full moon the nickname “full buck moon”, since it was the time when male deer typically begin to grow their antlers.
As usual, your mileage may vary — the brightness of the moon depends on cloud cover and other factors. The phenomenon is not rare — every year there are four to six “supermoons.”
If something does get in the way of your “supermoon,” there will be others on Aug. 10 and Sept. 9. The August one will be the closest of the year.
CNET offered a few tips on how to take photographs of the moon.
And this site allows you to select your location to check the exact time for the moonrise and the moonset up to the minute.
– Claudia Assis
Fleckenstein: Not time to short market
http://video.cnbc.com/gallery/?video=3000291080#
Raymond James’s Saut Sees 12% S&P 500 Drop in 2011 Echo
By Oliver Renick Jul 8, 2014 12:47 PM CT
U.S. stocks may be poised to decline as much as 12 percent as market conditions bear similarities to what prefaced a tumble in 2011, according to Raymond James & Associates strategist Jeffrey Saut.
The Standard & Poor’s 500 Index (SPX) sank 19 percent between April and October of 2011 as S&P’s downgrade of the U.S. government credit rating exacerbated a selloff. The benchmark index is vulnerable to a dip of between 10 percent and 12 percent in the weeks ahead before the bull market continues for years, Saut said in a research note.
“Coming into 2014 I have opined that following the kind of rally we have seen since June 2012 called for a 5 percent to 7 percent pullback in the first three months of this year (we got that), and a 10 percent to 12 percent decline sometime this year,” the St. Petersburg, Florida-based chief investment strategist wrote in a note to clients today.
The stock market’s “internal energy readings” are at levels last seen before the 2011 slide, Saut wrote on Raymond James’s website yesterday. The S&P 500 is trading for almost 18 times its companies’ reported earnings, near the highest level since June 2011. Price-to-earnings multiples have increased for eight of the 10 main industries in the benchmark index this year, Saut noted.
U.S. stocks fell a second day today, with the Nasdaq Composite Index poised for its biggest slide in more than two months, as investors sold Internet and biotechnology shares before the start of earnings season.
Stocks Fall
The S&P 500 lost 0.7 percent to 1,963.34 at 12:54 p.m. in New York. The Dow Jones Industrial Average fell 106.64 points, or 0.6 percent, to 16,917.57. The Russell 2000 Index sank 1.4 percent, while the Nasdaq Composite slid 1.4 percent, the most since May 15. Trading in S&P 500 stocks was 18 percent above the 30-day average at this time of day.
Saut is not the only one concerned about the near-term prospects for the market. Many investors wonder if the rally is over after the S&P 500 almost tripled since 2009, Tobias Levkovich, chief U.S. equity strategist at Citigroup Inc., said in a report today.
“As stock indices hit new highs, there are those that fear further gains, given defensive positioning, but more worry about buying in now just in time for a severe pullback,” New York-based Levkovich wrote. “It is fair to suggest that at some point in time there will be an event that causes a much more meaningful decline in broad indices but it may not derail the overarching bull thesis.”
Japan on highest alert for ‘once in decades’ typhoon — New forecasts show direct hit at Fukushima plant — Official: “Extraordinary situation… Grave danger approaching” — Record-level winds to 170mph, waves near 50ft — Military: “Can’t stress enough how dangerous… not just another typhoon” — Astronaut: It “takes up our entire view… Wow” (PHOTOS)
Published: July 7th, 2014 at 11:10 pm ET
By ENENews
Email Article Email Article
83 comments
TIME, July 7, 2014: A “once in decades” storm is approaching Japan’s southern islands with winds up to 150 mph, the country’s weather agency said [...] The Japan Meteorological Agency [predicted] the super typhoon will grow into an “extremely intense” storm by Tuesday. “In these regions, there is a chance of the kinds of storms, high seas, storm surges and heavy rains that you’ve never experienced before,” a JMA official said [...] “This is an extraordinary situation, where a grave danger is approaching.”
Weather Channel, July 7, 2014 at 10:30p ET (emphasis added): [...] sustained winds of 198 kilometers (123 miles) per hour and gusts up to 270 kph (168 mph), the Japan Meteorological Agency said [and] could be one of the strongest to hit Japan in decades, generating waves up to 14 meters (46 feet) high. “There is a risk of unprecedentedly strong winds and torrential rains” [...] Agency official Satoshi Ebihara told reporters at a news conference. [...] The storm’s slow movement could add to the potential damage [...] leaders held an emergency meeting and urged local governments and residents to take maximum precautions.
Brigadier General James Hecker, July 6, 2014: “I can’t stress enough how dangerous this typhoon may be when it hits Okinawa [...] This is not just another typhoon.”
Tweet from astronaut Reid Wiseman aboard the International Space Station: Typhoon Neoguri nearing Japan. Takes up our entire view. Wow.
AFP, July 7, 2014 at 7:00p ET: [Japan's] weather agency issued its highest alert. The top-level warning means a threat to life, as well as the risk of massive damage [...] for Okinawa’s main island, home to around 1.2 million [...] “Record-level violent winds and high waves are posing a serious danger to the Miyako island region,” Satoshi Ebihara, the Japanese weather agency’s chief forecaster, told an evening news conference. [...] massive gusts and torrential rains will possibly reach mainland Japan by Wednesday [...] The storm could affect an area with a 500-kilometre radius.
http://enenews.com/japan-issues-highest-level-alert-as-extremely-intense-typhoon-approaches-new-forecasts-predict-direct-hit-at-fukushima-nuclear-plant-top-official-risk-of-unprecedentedly-strong-winds-and?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ENENews+%28Energy+News%29
lol, I haven't looked into GPSI… Don't know whether it's interesting or not.
Is this true? Why is Surfkast using your name? Please help me understand.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104066149
Good idea. You may also want to ask him to throw in one of the geiger counters he tried to flog online in the aftermath of the Japanese nuclear reactor meltdown. As a freebie, of course.
I'll just have to pick up a copy of Hans' book on how to dig for gold in the trash piles that Bordy used to perch upon. For magazine photo op's and such.
That was sad. And so inconsiderate of him. Of Bordy, I mean.
I'm still upset that I was not invited to the Super Bowl party that Bordy hosted a few years back.
I understand that Rawnoc invited a few of his massage parlor friends for entertainment purposes.
Oh well.
LOLOL!! If you haven't looked at JBII recently, it's really broken down. So did the processors. They say they were finally fixed, but...
Ah yes, JBII. My good friend Atomic Bob nearly stroked out when I began turning water into wine on his site....or is that milk into steel....or dust into beer?
Back to sluicing dirt and searching for gold for Brost & Company now.
And of course there's always JBII. It's very late with a Q right now. The K was a disaster.
Yup. NVLX is looking rather sick these days. I've stopped throwing dirt on AAPT.
Oh, there are, as always, a great many. PPJE is excellent. NTEK is complicated, but problematic. QASP is bizarre. Most of the pot stocks are at least questionable.
Throw a stone in any direction.
Hello there. What is the current hot stock to bash?
TIA
Yes, and if they're thinking of reinstating it, they're keeping it a deep dark secret.
Greed wins out over common sense every time.
OK, I'll work on that aspect.
lol no been away to long
We just need a trouble maker or two. Do you know any?
lets post up a storm and make it better
The quickest 1,000-point advance was from the 10,000 to 11,000 level back in 1999 at just 24 trading days.
lol
Dow’s 1,000-point climb to 17,000 is 7th fastest
July 3, 2014, 2:13 PM ET
The Dow took 153 trading days to rise 1,000 points from its first close at 16,000 level on Nov. 21, 2013, according to the number crunchers at The Wall Street Journal.
Here are a few other factoids to keep in mind as investors celebrate a new milestone:
• This is the 7th fastest 1,000-point advance for the Dow.
• The quickest 1,000-point advance was from the 10,000 to 11,000 level back in 1999 at just 24 trading days.
• The longest 1,000-point move was the first 1,000 points with 21,652 trading days.
– Sue Chang
This is a Techical Analysis Charting forum.
No Pinks -- Otc BB Stock posted please (they will be deleted)
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http://finance.yahoo.com/q/cq?d=v1&s=aa,axp,ba,bac,cat,csco,cvx,dd,dis,ge,hd,hpq,ibm,intc,jnj,jpm,kft,ko,mcd,mmm,mrk,msft,pfe,pg,t,trv,utx,vz,wmt,xom
http://www.moneyshow.com/main.asp
http://tradebuz.files.wordpress.com/2010/01/bradley-model-2010.png
Art Cashin ..... http://search.cnbc.com/main.do?target=video&keywords=cashin
Janny's gapstrategy :::::: http://boards.fool.com/Message.asp?mid=25998230
Leavitt Brothers :::: Chart Book
http://www.leavittbrothers.com/chartbook/
http://www.rayrohn.com/images/posted/colo01.mpg
Dividends line : http://dividendinvestor.com/
ETF Investment Outlook: http://etfinvestmentoutlook.com/
IYZ Telecom Ishares http://www.etfconnect.com/select/fundpages/etf_funds.asp?MFID=46294
FINVIS.com: http://finviz.com/
http://www.cotpricecharts.com/commitmentscurrent/
http://www.nasdaqtrader.com/Trader.aspx?id=Calendar
http://www.sec.gov/
http://www.thefreedictionary.com/shock
https://central.proxyvote.com/PVWeb/logon.do?m=C&l=EN
List of ETF's - 4 pages printable
http://leavittbrothers.com/chartspeak/ChartSpeak_030908.pdf
http://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest#
http://www.proshares.com/funds
Kitco Bace metals
Aluminum::: http://www.kitcometals.com/charts/aluminum_historical.html
Copper::: http://www.kitcometals.com/charts/copper_historical.html
National Weather Serivice link ::: http://www.cpc.ncep.noaa.gov/
321 energy ::: http://www.321energy.com/index.php
yahoo quote stock list
Silver Stocks :::: http://finance.yahoo.com/q/cq?s=+ssri+slw+hl+paas+cde+sil+mgn+
Insider SEC Filings: http://www.secform4.com/sec-filings.htm
SMH stocks .... http://finance.yahoo.com/q/cq?d=v1&s=intc+txn+amat+brcm+mu+adi+xlnx+lsi+lltc+amd+klac+nsm+a....
http://www.phlx.com/products/sectors/sectcomp.html
http://screen.morningstar.com/Etf/Lists/ETFStyleYTDDescAllAll.html
http://www.etfinvestmentoutlook.com/etf_holdings.php?s=OIH
http://finance.yahoo.com/q/cq?d=v1&s=bhp+ccj+emu+frg+rtp+usu+urs+useg+urre+dnn
http://finance.yahoo.com/q?s=ASTM,GERN,STEM,IMGN,AVII,VIAC,ACTC.OB,cbli&d=s
http://finance.yahoo.com/etf/browser/mkt?c=0&k=5&f=0&o=d&cs=1&ce=496
http://www.trending123.com/stocktable/ETFs.htm
http://www.unitedstatesnaturalgasfund.com/index.asp
http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html
http://futuresource.quote.com/news/index.jsp
http://www.bloomberg.com/news/markets/energy.html
http://www.nhc.noaa.gov/index.shtml
http://intelligencepress.com/features/intcx/gas/
http://maps.csc.noaa.gov/hurricanes/viewer.html
http://www.leavittbrothers.com/education/candlestick_patterns/bull/tri_star_bullish.cfm
http://tickersense.typepad.com/ticker_sense/blogger_sentiment_poll/index.html
http://www.mktsentiment.blogspot.com/
http://www.globalincidentmap.com/home.php
http://www.proshares.com/funds
E-wave:
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http://en.wikipedia.org/wiki/Elliott_wave_principle
http://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500-Articles/EWRules.htm#dzzrule
http://www.nationalfutures.com/fibonacci_calculator.htm
http://www.wolfewave.com/an_illustration_along_with_the_rules.htm
http://www.elliott-wave-theory.com/elliott2.html#patterns
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http://www.market-harmonics.com/elliott_wave1.htm
http://www.federalreserve.gov/monetarypolicy/fomc.htm#2008
http://online.barrons.com/home/main?mod=topnav
http://www.nyse.com/regulation/memberorganizations/Threshold_Securities.shtml?date=20080116
http://www.cnet.com/?tag=hd_ts
http://www.blackle.com/
http://www.quantumonline.com/
http://www.etftrends.com/longshort/index.html
http://partnerpage.google.com/wavegenius.org
http://chartsmarts.com/patterns101.htm
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