micrOdOts.org / ramblings [of the ABsurd]

by Neil Charnock. "When the Rudd Unworkable Super Tax (RUST) was first announced I stated that we may not be the only ones here in Australia to suffer from this type of tax. Governments in many countries are worried about falling revenue as economic contraction bites. "

by Peter Degraaf. "Featured is the gold price in 2001. Selling in May and buying back right after Labor Day would have yielded a small profit, provided that the sale was made right at the top in May (not easy)."

by Cliff Küle. "Governments have moved debts from the private sector to the public sector, escalating the levels of public debt (public debt: a euphemism for the public’s burden). The debt has not disappeared. It has simply been moved from one “ledger” to another “ledger”."

by Bob Clark. "The Fat Boys are stop killers. You must learn the ways of the Fat Boys. This sudden plunge in the market has been a wake up call to investors. Complacency is dangerous. It re-enforces bad habits and can lead to not questioning how we think and who we listen to. The price of (financial) freedom is eternal vigilance."

by Doug Hornig. "Recent decades have witnessed an amazing shrinkage of the American manufacturing sector, from #1 in the world to virtual non-existence. Companies, taking advantage of cheaper labor costs abroad, have either outsourced some portion of the workforce or relocated their entire operations offshore. Remember the “great sucking sound” that Ross Perot claimed he could hear?"

by Doug Gnazzo. "Due to the huge drop in the stock market this past week, we are going to look at several charts of the S&P 500: daily, weekly, and monthly. This will give us different perspectives to view the market from. Each chart provides a bit of the overall picture. "

by Toby Connor. "I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn't help either. But let's not get sidetracked by the little things and let's face it, the haters are going to show up every time gold corrects. We really should be used to that by now. They've been doing it for 10 years."

Regardless of the approach you take, don't chase stocks as they move higher - but look to build your portfolio on dips over the next few months. The idea is to get positioned before the underlying price of gold reaches a level where ... Read More...

On May 5th, 2010 Channel 2 (KTVU) news reported, "Suisun City is operating in the black, and has none of the financial issues facing so many cities in California or the nation." That deserves a "Standing Ovation." Read More...

FEMA and Corps of Engineers employees are upset that the White House and the Pentagon remain tight-lipped and in cover-up mode about the images of the massive and fast-moving frozen coagulated oil blob that is being imaged by ... Read More...

Recently, I had written about how a deflationary impulse in the capital markets would be a catalyst for the gold stocks. This turned out to be accurate as stocks and commodities weakened while treasuries and the US Dollar advanced. Read More...

A crucial component to many processes is the catalyst. It really has nothing to do with the process, but the presence of the catalyst acts an enabler. Greece may have been one of those catalysts. Read More...

Qatar oil minister Abdullah bin Hamad Al Attiyah emerged as an unofficial spokesman for the oil cartel over the weekend in a series of news agency reports from the Gulf that signaled the group's concern. Read More...

The massive 200-pip jump in EURCHF in less than 10 minutes (13:00-13:10 BST) is the work of no other than the Swiss National Bank intervening to sell its own currency. But the 80-90 pip jump in EURUSD must also be the work of European banks ... Read More...

The barometer has moved back into Sell Mode, we will monitor the action today and consider action near the end of day. So stay tuned. Remember, with volatility this high, we have to be very nimble so as to avoid possibly large losses. Read More...

There are many ways to profit from forex trading. Personal trading is but one path to the riches you desire. Once you become accomplished at the art, understanding the many nuances of the craft, it may be time to consider delegating ... Read More...

In my darker moments, usually just before I go freaking berserk and start yelling and screaming about how "We're freaking doomed!" from the idiotic Obama administration deficit-spending So Freaking Much (SFM) money and the idiocy ... Read More...

Intraday Cumulative Tick from sentimentrader, I mentioned this in today's After Bell Quick Summary because I really suspect it's a data error. However in case it's not a data error, I want to remind you the last 5 times I mentioned the same ... Read More...

It is always important to remember that when you are investing or trading, while the rules appear to be clearly spelled out they may be changed at any time. This can be dangerous if you believe you are playing by Marquess of Queensberry rules ... Read More...

Government workers are paid much better than workers are paid on "Main Street". It is hard to justify higher government wages even if Main Street is healthy and vibrant. It will be impossible while Main Street is suffering ... Read More...