Thursday, December 11, 2008

Vigilance, your key

Just as every square inch of inland water in Alaska is classified as CLASS "2" just because it is so cold, so am I on DEFCON "2" as concerns these markets.

That said, look at the above chart, and ask yourself, how quickly I'd jump to DEFCON "4", awaiting the launch of the WEIMAR HyperInflation. It would take me 2 nanoseconds or less to jump into a WEIMAR HyperINflation Alert Posture, simply due to all the circustances I addressed in my last post.

Its about zero F, with two feet of snow on the ground. Gas is cheap now, for awhile.
I have firewood, food, and the supplies and tools for daily living, at hand.

Would you need to make WEIMAR Alert Preparations, well you know, you'd have a go-bag, food, PM's and a portfolio balanced btwn Cap Gains, Income, Defense & Offense.
Since this is the Season of Christmas, I think a quote : ".... shall come like a thief in the night, and no one shall know the time....", I think, as I paraphrase or misquote Christ. I think that quote both ancient and wise applies here.

May the wealth of your life overwhelm you with gratitude for the world in which you live. Live and enjoy your life and all those around you. Make sure you light such candles as you may to snuff out the darkness.

Be Vigilant, Be Objective. LOOK dont LISTEN. Such things as I have given, please take with my sincere good wishes, and my best wishes for joyous times for you and yours.


GREEN LINE. Watch the Green Lines ! !

Following the Concept of LOOK DONT LISTEN ! WE NOW CAN follow the Green Lines.

What we are seeing here is the weighted compilation of all the advances minus declines on the NASD over a period of 100 days. Think of it as a weighted Oscilator, much like the Ultimate Oscillator.
It is further modified by being subjected to the MACD treatment in the lower panel.

The Upper Panel is Wilder's ADX, or directional index. The up line is GREEN. The green line measures HOW MUCH AREA is UNDER the BULLISH CURVE. It shows me that the Breadth is advancing.

So smoothed, weighted and massaged, the up-turning plurality of the Advances over the Declines on the NASD is very clear and apparent. I wonder if anyone on the frequencies has ever seen anything like that recently.

A nagging thought is tugging at me - > This is a Bear Market Rally, IMO. Suppose as like in '29 or '31 we have reached a bottom ; Would this 'Little' Bear Market Rally morph into a BULL [Inflationary ], and if it does, is that where it morphs into the WEIMAR/ZIBAWAE Hyperinflationary Bull Market?

Given the willingness of the Governmental Powers That Be to KNOWINGLY take us from pillar to post and back again, do I doubt that these increasingly Manic / Depressive bouts of volatility were not in the script. NO, I dont doubt that AT ALL.

What to do? LOOK< dont LISTEN - > stay on the correct side of the Intermediate Trend.
And what beyond that ? Be vigilant.


Do they feel lucky ? TALKING HEADS...........

IF I were these guys, I'd be heading for the rocks, high up where the peasants with the pitchforks & cudgels could not get to them.

THIS crew has talked the market right up when EVERYONE knew it had no business going there, supporting the insanity. Now they are rehashing every bit of bad news they are handed and never questioning why the market would discount such things TWICE.

In the rocks they might be safe from the pitchforks, but I am hoping some of the people who see themselves as screwed by them will have sniper capability. I hope, against all reason, that they would cease their corrupted activities, spreading bad news as thick as cold margarine on everyone's bread.

Well PUNKS, do ya feel Lucky Today ?


LOOK dont Listen ! Chart #1 is info enuf.

Click on both charts to enlarge to see what you should know.......IMO. !!