coolhand's Account Talk

[RealMoneyIssues]

I apologize, I had to pull it there, there was no way I could say or post that, but it didn't stop me from thinking it.

Original prose available by PM, careful, it's also PG21+.

But I don't respond to PM's unless you've recently given me rep points, so that eliminates almost all of you.

That's a professional text worker for ya, how do you like me now?

Pay for Play... I guess I will wait until you deserve reps

 

[burrocrat]

Pay for Play... I guess I will wait until you deserve reps

That could be awhile, besides don't go downloadin stuff like that, you still have purty ears.

 

[coolhand]

Some very interesting analysis by my friend Don, the guy who developed the seven sentinels:

http://www.traders-talk.com/mb2/index.php?showtopic=130940

 

[nnuut]

Very interesting indeed, has anyone talked about how bonds will react if this happens, could be a chance to go 100% "F" Fund?

 

[RealMoneyIssues]

Very interesting indeed, has anyone talked about how bonds will react if this happens, could be a chance to go 100% "F" Fund?

Hmmm, might be the only option for TSP, but it sounds like a very long short on the S&P to me in my IRA...

 

[coolhand]

S&P’s Italy Warning May Fan Contagion as Greece Presses Cuts

http://www.bloomberg.com/news/2011-...may-fan-contagion-as-greece-presses-cuts.html

Merkel’s Party Slumps to Third in Bremen

http://www.bloomberg.com/news/2011-...sition-s-hold-in-bremen-state-vote-today.html

Zapatero’s Socialists Routed as People’s Party Takes 38% of Vote in Spain

http://www.bloomberg.com/news/2011-...people-s-party-takes-37-of-vote-in-spain.html

Egypt Is ‘Disintegrating’ as Tourism Drop Cripples Economy, ElBaradei Says

http://www.bloomberg.com/news/2011-...ism-drop-cripples-economy-elbaradei-says.html

QE2 was a bust

http://www.marketwatch.com/story/qe2-was-a-bust-2011-05-21

Promise of Arab Uprisings Is Threatened by Divisions

http://www.nytimes.com/2011/05/22/world/middleeast/22arab.html?_r=2&ref=todayspaper&pagewanted=all

Stores swiping back!

http://www.nypost.com/p/news/business/stores_swiping_back_fjY8GRqTVbGg154t9eYznI

US-Iran Escalation: Iran Arrests 30 US Spies As It Builds Venezuelan Missile Base; America

http://www.zerohedge.com/article/us...builds-venezuelan-missile-base-america-sends-

Sends A Third Aircraft Carrier To Persian Gulf

http://www.zerohedge.com/article/us...builds-venezuelan-missile-base-america-sends-

As Spain's Socialists Lose Local Elections, The Bond Vigilantes Stir

http://www.zerohedge.com/article/spains-socialists-lose-local-elections-piigs-bond-vigilantes-stir

 

[crws]

Last three lows on the S&P occurred at or near a full moon. June 15th is the next full moon. Interesting, huh?

View attachment 11119

Those actually almost perfectly coincide with OPEX Fridays as well, with June OPEX on the 17th.

 

[crws]

S&P’s Italy Warning May Fan Contagion as Greece Presses Cuts

http://www.bloomberg.com/news/2011-...may-fan-contagion-as-greece-presses-cuts.html

Merkel’s Party Slumps to Third in Bremen

http://www.bloomberg.com/news/2011-...sition-s-hold-in-bremen-state-vote-today.html

Zapatero’s Socialists Routed as People’s Party Takes 38% of Vote in Spain

http://www.bloomberg.com/news/2011-...people-s-party-takes-37-of-vote-in-spain.html

Egypt Is ‘Disintegrating’ as Tourism Drop Cripples Economy, ElBaradei Says

http://www.bloomberg.com/news/2011-...ism-drop-cripples-economy-elbaradei-says.html

QE2 was a bust

http://www.marketwatch.com/story/qe2-was-a-bust-2011-05-21

Promise of Arab Uprisings Is Threatened by Divisions

http://www.nytimes.com/2011/05/22/world/middleeast/22arab.html?_r=2&ref=todayspaper&pagewanted=all

Stores swiping back!

http://www.nypost.com/p/news/business/stores_swiping_back_fjY8GRqTVbGg154t9eYznI

US-Iran Escalation: Iran Arrests 30 US Spies As It Builds Venezuelan Missile Base; America

http://www.zerohedge.com/article/us...builds-venezuelan-missile-base-america-sends-

Sends A Third Aircraft Carrier To Persian Gulf

http://www.zerohedge.com/article/us...builds-venezuelan-missile-base-america-sends-

As Spain's Socialists Lose Local Elections, The Bond Vigilantes Stir

http://www.zerohedge.com/article/spains-socialists-lose-local-elections-piigs-bond-vigilantes-stir

Well, Goooood Mornin!
Getting ready for all day OT. BT@ 0250 -you're up early, (or late)

 

[coolhand]

Shhhh, don't let the moon people hear you say that.

Those actually almost perfectly coincide with OPEX Fridays as well.

 

[crws]

Only 2 days from now to June 9 with less than 4B from the BPB
(BennyPiggyBank).
Add to that 6B in a holy pocket from Friday...
So if my theory holds, the U$D should drop to the range it's held for the last 2 months.
What the heck, it's only money!

 

[coolhand]

The Coming Summer of Discontent?

http://www.briefing.com/GeneralCont...me=Investor&ArticleId=NS20110523085922PageOne

 

[coolhand]

Some of you more savvy traders will appreciate this observation by Mark Young on Trader's Talk...

http://www.traders-talk.com/mb2/index.php?showtopic=130956

 

[JamesE]

"Remember, though, we have to be in an established down trend. It does not work in an up trend in a Bull Market."

I think its a stretch at this point to say we are in a established down trend, don't you CH? We may be after this week though.

 

[coolhand]

It's an observation at this point and simply something to keep an eye on.

I always like to hear what the pros are seeing, even if it includes caveats.

"Remember, though, we have to be in an established down trend. It does not work in an up trend in a Bull Market."

I think its a stretch at this point to say we are in a established down trend, don't you CH? We may be after this week though.

 

[coolhand]

5 percent pay cut on the table: How increasing your retirement contribution would affect your pension

http://www.federaltimes.com/article/20110523/BENEFITS02/105230301/1001

 

[coolhand]

Moody’s to Place 14 U.K. Banks on Review for Downgrade, Sky News Reports

http://www.bloomberg.com/news/2011-...anks-on-review-for-downgrade-sky-reports.html

Savers Lose as Yields on Long-Term CDs Fall Below Inflation Rate

http://www.bloomberg.com/news/2011-...long-term-cd-yields-fall-below-inflation.html

Nymex Trader Says Oil Prices Have Gone ‘Just Nuts,’ Blames Goldman: Books

http://www.bloomberg.com/news/2011-...have-gone-just-nuts-blames-goldman-books.html

Niall Ferguson: The Eurozone Has Become A Government Killing Machine

http://www.businessinsider.com/niall-ferguson-eurozone-government-2011-5#ixzz1NGFw6yLW

Well That Was Quick: Goldman Goes Long Crude, Raises 12 Month Brent Forecast To $130/bbl

http://www.zerohedge.com/article/we...g-crude-raises-12-month-brent-forecast-130bbl

How an Inquiry of Goldman Sachs Might Play Out

http://dealbook.nytimes.com/2011/05/23/how-an-inquiry-of-goldman-might-play-out/?partner=bloomberg

NY Fed to slow mortgage bond sales from Maiden Lane

http://uk.reuters.com/article/2011/05/23/fed-mortgages-auctions-idUKN2329766520110523?

OPINION-Financial regulation reform risks overkill in emerging markets

http://www.reuters.com/article/2011/05/24/regulation-emerging-idUSL3E7GO06920110524

 

[crws]

Well That Was Quick: Goldman Goes Long Crude, Raises 12 Month Brent Forecast To $130/bbl

http://www.zerohedge.com/article/we...g-crude-raises-12-month-brent-forecast-130bbl

WTF over?
Must be the legal fees come calling....

 

[coolhand]

Food Inflation Accelerating as Nestle, McDonald’s React to Commodity Surge

http://www.bloomberg.com/news/2011-...icken-as-nestle-whole-foods-raise-prices.html

Banks Face $17 Billion in Suits Over Foreclosures

http://online.wsj.com/article/SB10001424052702303654804576344052913423390.html

Fed Could Tighten Policy in Later 2011: Bullard

http://www.cnbc.com/id/43156767

Treasury Sells AIG Shares in Sore Reminder of Bailout

http://www.cnbc.com/id/43162208

Rhode Island Is 'Being Crushed' By Pension Debt, Treasurer Urges Major Overhaul Of Retirement System

http://www.businessinsider.com/rhod...-state-retirement-system-2011-5#ixzz1NLniPNXN

Gasoline demand dips even as cost falls: MasterCard

http://www.reuters.com/article/2011/05/24/us-usa-gasoline-demand-idUSTRE74N6FM20110524

Greece crisis worsens amid political stalemate

http://www.telegraph.co.uk/finance/...-crisis-worsens-amid-political-stalemate.html

 

[coolhand]

http://www.youtube.com/watch?v=ZPWH5TlbloU

 

[coolhand]

Fed Gave Banks Crisis Gains on Secretive Loans

http://www.bloomberg.com/news/2011-...gains-on-secretive-loans-as-low-as-0-01-.html

AIG Falls as U.S. Seeks Capital for ‘High-Risk Proposition’

http://www.bloomberg.com/news/2011-...tional-capital-for-high-risk-proposition.html

HSBC, Goldman Held $335 Million of Libya Funds

http://www.bloomberg.com/news/2011-05-26/hsbc-goldman-held-335-million-of-libya-funds.html

Euro Surges On News Chinese White Knight To Make Repeat Appearance, Attempt To Bail Out Europe For Second Time (Just As Unsuccessfully)

http://www.zerohedge.com/article/eu...at-appearance-attempt-bail-out-europe-second-

A 62% Top Tax Rate?

http://online.wsj.com/article/SB100...11464445594.html?mod=WSJ_hpp_sections_opinion

MSNBC Has Suspended Ed Schultz For 'Unacceptable' Remarks About Laura Ingraham

http://www.businessinsider.com/ed-schultz-laura-ingraham-slut-suspended-2011-5#ixzz1NRnRqP3i

HuffPo Employees Flee AOL After "Brutal" "Awful" "Worst Few Weeks"

http://www.businessinsider.com/arianna-aol-nyt-merger-2011-5#ixzz1NRncmq7X

Congress Paid Millions In Staff Bonuses Amid Federal Budget Crisis

http://www.businessinsider.com/cong...id-federal-budget-crisis-2011-5#ixzz1NRnqLjKx

Clinton: NY win is no excuse on Medicare

http://money.cnn.com/2011/05/25/news/economy/bill_clinton/index.htm

UPDATE 2-NY Fed probing Goldman mortgage servicing unit

http://www.reuters.com/article/2011/05/26/goldman-mortgage-probe-idUSN2518599420110526

UPDATE 2-Big U.S. banks face more exposure to state laws

http://www.reuters.com/article/2011/05/25/financial-regulation-occ-idUSN2514890020110525

Greece risks 'return to drachma'

http://www.telegraph.co.uk/finance/economics/gilts/8536631/Greece-risks-return-to-drachma.html