SPX long term (daily) PSAR just threw a sell (does not happen often).  This is a price based indicator.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162488959]&disp=P

For secondary indicators

SPX50R big sell signal (does not happen often)

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162953421]&disp=P

vix putting in a new bottom.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s163761350]&disp=P

bullish percent indicators for several markets just rolled over.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s167561916]&disp=P

About the only bullish indicator I can find is the short term tick (at rock bottom) indicating that a fat little bounce is on the horizon.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162497802]&disp=P

 what my brain has difficulty processing is that another 6 weeks of QE2 lay ahead. Did Humongous Bank and Broker pull the plug early...??   chuckling,,,,,

For this large a move the last few days, the VIX is stone quiet.

Looks darn strange.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s163761350]&disp=P

near zero decline/advance issue for many days

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162497802]&disp=P

rock bottom volume (see bottom of chart)

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s208587727]&disp=P

wild sentiment

http://cobrasmarketview.blogspot.com/2011/04/04062011-market-recap-could-see-some.html

global news rather interesting,,,,,  hmmmmm?

moved to cash,,,,  day trading a few individual stocks,,,, 

get ready for serious inflation folks,,,,,   the only way to devalue the debt bubble.

they hugely reduced purchases.... 

would be interesting to know if commercial longs have increased as well...

thx

Forget the conjecture about the potential future value of silver.  

This is simply about managing asymmetric risk and diversification.   At current silver prices, holding a small amount of physical silver (or gold) is low cost while in a currency crisis the value could be life saving.  The probability of this senario is very small - but growing each day.      Normalcy bias prohibits most from taking the action of building a small physical metal inventory.  

This weekend I will make a small increase in our small physical holdings.   The rest of our PM investments will be paper,,,,,,,, for now.

check it out.  

phat long term trade

all systems need evolve to make $

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s215757990]&disp=P

ugly

http://en.wikipedia.org/wiki/Normalcy_bias

As and 'older' trader who has grown up in a stable prosperous US across the span of his life, I have to slap myself to face the facts.   We are still a borrow and consume economy rather than a save and produce economy - even after the collapse in 2008.    Nothing has been fixed and the world record US debt bubble (public +private) is as large as ever.   Our trade deficit also continues to suck money out of our country.   Have started building an 'extended pantry' in the basement.    

The US used to take on tough problems head on.   Now we try to cover them up.   While I dont want to admit it..   JW is largely right.  Protecting our families is now job one.   There is no way to know when and exactly how the US debt bubble will really pop - the system is too large and too complex.   We trade the trends..  

A bit of reading on this theme.

http://www.scribd.com/doc/47609543/The-Crash-of-the-US-Empire

If interest rates break long term down trends this will be the first real signal.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218718281]&disp=P

If the dollar breaks long term support at 71 this will be another.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s218820698]&disp=P

I have a deep feeling life is about to get really interesting.....  Unfortunately...

unless an eu nation defaults,, they will start killing it again shortly..  

Am considering adding some longer term (multi-week) positions that are short 2X and 3X etfs such that the natural decay works in my advantage.  

Anyone run into issues with this startagy?  For example, having the position called,,,,,,,

I trade using tradestation.

PM response is cool.

Cheers

The reactor buildings are a pile of rubble.   One spent fuel containment pool holds 2000 tons of water.   After dumping/spraying 30 tons of water on the rubble the radiation levels rose.   This is going to go on and on as the fuel melts below the rubble.   These are going to be the largest concrete tombs in world history - if they can get close enough to build them.   If winds start to blow to the south (tokyo) or east 1K sq miles of Japan are going to written off.

This is inflationary for goods (high tech et al) produced (formerly) in Jpn.

Dollar showing new weakness,,, also inflationary.

If UN declares war on Kadafi,,, oil up,,, also inflationary.

Watching for new signs of commodity price increases and a buy in.

perfect chart

taking the trade.

cheers

Roger

it turns out that the human brain is predisposed to pattern recognition of this sort.   Our brains even emit clever chemicals that makes us feel good when doing.     The rate of return on this class of time investment is questionable particularly when considering that technical trading is simply a game of probability theory.

Hypothetically ,,,  for a moment,,,, just consider,,,,,

that Humongous Banks and Broker controls the broader direction of the markets and thus, the luqidity at HBB determins if they can continue to bid the market up.

Now take a look at the chart.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s206018187]&disp=P

In other words anytime the luquidity inflows to HBB come under presure the market declines and when they expand the market rises.  Similarly, if reserve requirements at the banks rise the same occurs.

Could the market decline unfolding in front of our very eyes be a result of the new presure in the real estate+fraudclosure situation (thus applying new presure to the balance sheer of the banks)......???  Hence, will the decline continue unless the banks are given relief...(again)...??????

Getting a bit toppy but a break none the less

http://stockcharts.com/h-sc/ui?s=$TYX&p=W&b=1&g=0&id=p82063949166&a=218718281&listNum=3

http://stockcharts.com/h-sc/ui?s=$TYX&p=D&b=3&g=0&id=p86188481390&a=218709566&listNum=3

Dont see this often- especially in the presence of overt manipulation