Monthly Archives: March 2012

Where are the bearish tweets?

Also, each time there has been a dip recently it has been accompanied by a virtual flood of bearish tweets. Not today. Advertisements

Posted in Uncategorized | Leave a comment

BTFD bounce?

No BTFD dip bounce in the ES today (at least so far).

Posted in Uncategorized | Leave a comment

Sloppy ES action

The price action in the ES this morning hasn’t been great – real sloppy. This is not positive, especially on a day when there is a liquidity-draining POMO due. Not looking for the end of world, but maybe softer. EDIT: … Continue reading

Posted in Uncategorized | Leave a comment

I’m staying with the consensus today … not convinced this pre-mkt upmove has real legs.

Plenty of summaries around of the action last week, and what to expect now. Don’t want to rehash, so here are some things that stuck out for me. Hugely bullish reports from Goldman and Citi got a lot of coverage, … Continue reading

Posted in Uncategorized | Leave a comment

Man flies by flapping wings !!!

I cheered at the appropriate spot in this video! Fantastic! Watch Dutch mechanical engineer Jarno Smeets take off by flapping wings of his own invention — just like a real bird! It’s uncanny. http://www.gizmodo.com.au/2012/03/man-flaps-his-own-wings-to-fly-like-a-bird/ Real bummer it isn’t real 🙂

Posted in Uncategorized | Leave a comment

Global Macro Monitor again

A few days ago I linked over the the Global Macro Monitor blog (if you are not reading the Global Macro Monitor blog, what is wrong with you???). Here is another outstanding post. Described as ‘must view’. It is. http://macromon.wordpress.com/2012/03/15/nonlinear-thinking-pessimistic-this-is-must-view/#comment-4583 Please … Continue reading

Posted in Uncategorized | Leave a comment

S&P500 >2 Std Dev

Bespoke offers an interesting and sobering post: the S&P 500 is now trading two standard deviations above its 50-day moving average, putting it into extreme overbought territory. http://www.bespokeinvest.com/thinkbig/2012/3/13/sp-500-trading-range-and-breadth-charts.html  

Posted in Uncategorized | Leave a comment