In Zeev's Honor, Plan the Trade and Trade the Plan

[federal reserves]

Nasdaq 100

NDX 100 making a head & shoulders on the weekly chart. It looks ugly. PC demand stinks. Apple products losing demand amid falling margins and dog eat dog price competition. Apple now hopes a Dick Tracy iWatch will save them as Jobs rolls over in his grave. MSFT Windows 8 is a fraud, merely tiles over Windows 7. The MSFT Slate is an expensive turd that should have come with a flush handle. The net is full of security holes and viruses. Even Bush got hacked. Fartbook is just that and Twitter is for egomaniacs who want "followers".

The policy makers have no idea what to do about the deficit except to hope the FED can keep buying up the bonds that have no market place at such low rates.

If retail sales come in under expectations tomorrow the ugly will start otherwise more time in the pot before we blow out.