Charts of Note

Probably a non event.... prolonged quite



More people need to be convinced everything is gonna be OK before we really free fall

 

Thank you for the charts, some good ideas presented that stimulate further reading.

 

Today's resource to support the Short's and the Long's for America's future economic prosperity.

http://www.cnbc.com/id/48863210

 

more CNBC money paid out to hear opposing opinions about market direction.... news is mostly SHIT.. bunch of noise..

"In business and economic decision-making, data causes severe side effects —data is now plentiful thanks to connectivity; and the share of spuriousness in the data increases as one gets more immersed into it. A not well discussed property of data: it is toxic in large quantities —even in moderate quantities."
nassim Taleb


Dont ever think i'm not the sucker that won't be drawn in by herd histeria.. or lost in the randomness of the news and its posionous noise... IE
market up today .025 percent because euro this or fed that... narratives after narratives.. we fucking starve for them

 

Ahhh....Deucy quoting Deucy......(above)

Arguably the BOND GURU and co-CEO of Pimco, the world's largest bond fund: Bill Gross

HEADLINE:

"Monetary Policy Has Reached a Dead End: Gross"


EXCERPTS from short report relating to what Gross said Friday:

"While more QE3 is a near certainty, it is increasingly impotent, Gross tweeted."

and

“Monetary policy has reached a dead end,” Gross said. “Once you get down to zero percent on interest rates, there’s not much left to stimulate.”

and

“Don’t fight the Fed, but be afraid of the consequences, or lack of consequences, going forward,” Gross added.


http://www.cnbc.com/id/48860383

 

The global economic slowdown is hitting emerging markets especially hard…

With demand from developed markets under pressure, the export-based emerging market economies are struggling to maintain growth levels.

Given the heavy infrastructure investments that many of these countries have made (such as entire Chinese cities built and yet to be populated) the global slowdown comes at a particularly challenging time.

While US equities have been steadily advancing, emerging market equity indices have been severely underperforming. We are currently short the iShares MSCI Emerging Markets (EEM) with unrealized profits already built into the position.



Any stall for US equities would only exacerbate the situation for emerging market equities, as a flight from risk assets would certainly include additional liquidation of emerging equities as well.


Full commentary here...

 

Via http://www.mercenarytrader.com/2012/09/no-mr-bond-i-expect-you-to-die/

 

I went to the link to the web site. I like your commentary, Mike. Wide ranging and on popular, important subjects. Each short, to the point, and very sensible.

 

QE or no QE, uncle Sam's borrowing costs remain low.

Ben buys IOU's, treasuries rise.

Stocks crash, treasuries rise.

Eurozone breaks up, flight to stability, treasuries rise.

American IOU's are the gold standard.

 

Accumulating shares, especially on intra-day, best opportunities.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3616208>