Afternoon Delight 05/03/12 - Well?

Is it time to duck and cover? We'll see with the NFP in the morning. To be truthful it all depends on what the Fed wants. How will the markets react to a disappointing number? Will they rejoice because it brings near surety of additional levitating QE? Will they fall apart as the charts have been indicating they will? If so, how far will the Fed let it slide?

Major support was basically decimated today, but the first support under the support diagonal buts has held. As I asked today, under what level do the sell orders sit?

Minis 5m - Here is the wedge I was talking about today. Pink was major support. 1386 that is holding now is first support. 1374 is next.

Afternoon Delight 05/01/12 - Strategic Relocation

After hearing the extensive excellent interview Alex Jones did today with Joel Skousen Chief Editor of world Affairs Brief and author of Strategic Relocation: North american Guide to Safe Places I thought I would share with you a recent interview AJ did with JS. Read about Joel here.

Some of you may think this is nuts and a bit far fetched. That's fine. All I have to say is it is better to have knowledge than not. If things go horribly wrong do you want to be huddled with the masses or have a safe route and a safe place to go? How's your home set up? What are the safest and most dangerous places after a total collapse or world war?

I suggest you listen carefully to this video and that you catch the replay of AJ's show today with JS as the guest. Fascinating stuff.

"It's easy to dismiss these threats during times of peace and prosperity but they are real, and the probably of such events coming to pass increases every year. Strategic Relocation: North American Guide to Safe Places is an in-depth analysis you need to plan ahead and select the safest areas for you and your loved ones to live. The 3rd Edition features a complete, newly added section on foreign relocation possibilities plus individual analysis on every state and province in North America. The new color maps show military base locations, city population densities, terrain satellite images, private/public land availability, and much more. This book will help you look ahead for potential threats that most other people fail to see or choose to ignore. It contains a complete discussion of the strategies and relocation contingencies that will help you avoid or mitigate each of the major modern threats, from natural disasters to economic collapse to nuclear war. Strategic Relocation: North American Guide To Safe Places 

Secrets of Survival with Joel Skousen - YouTube



GL and GB!

Afternoon Delight 03/22/12 - Rotten!

With the DOW hovering just above 13,000 support and the SPX trading sub 1400, is it time for a breather or something worse? I think so, but that decision is up to the central planners and those in the cabal controlling the system. We can theorize all day long, but bottom line is will the Fed pull market sustaining liquidity or not?

The SPX is working on a third head and shoulders (forming a massive head here) with the first having a neckline at 1340. So a fall to there, pop to 1370 for the right shoulder and then collapse to 1270 looks pretty good here if things start going south. That fits with my targets I have been giving for some time.

I still contend the market is a major illusion generating the all is well signal while the economy erodes at an increasing pace from under it. That's not a good combination. More on the markets in the morning (of which STB is blistering hot in market calls as usual), there are more important things to cover tonight. STB will continue to hammer home the doom and gloom till you get it in your head that all is not well.

Two really important things you need to see today - these videos highlight two SEVERE issues we have today - the economy and our constitutional rights.

Afternoon Delight 03/20/12 -You Need To Be Afraid, Really Afraid - The Government Is Taking Over Everything

As the market works on a top here, so many other things are working on their own crescendo. Of course none of this is any good. In fact it is all rather disturbing (quite disturbing actually). If you don't follow the news on the net or rely on the MSM solely for your news you may find some of this either off base or a stretch. Bottom line is what you are about to read below is all real.

It is time for you to take the big boy step and realize just how bad things are both politically and economically. As STB has stated many times recently, the market is NOT the important things here. Far from it as a matter of fact. The markets are a great distraction. They are the smoke screen hiding the painful truth that as an American your rights and freedoms are being taken from you right from under your nose.

In what should be the safest place on the planet for the Secretary of Defense, the unheard of (and never done before) happened, "US soldiers were asked to disarm during a speech by Leon Panetta, the American defence secretary, in a sign of grown concern over spates of seemingly random violence in Afghanistan." Soldiers asked to disarm during Leon Panetta speech in Afghanistan - Telegraph. Yes, we've now reached a point where not even our own military personnel (yes, the same ones we trust to defend the nation) are not trusted with weapons around their own command.

You see, guns are bad. They are not safe and they are about to be taken from us after Obummer gets reelected. An armed nation is not what this government wants.  US Attny General Eric Holder is doing everything he can to rid this nation of guns. If you are not familiar with Fast and Furious, read more about it here. You know, when our government shipped guns to Mexico so they would be used to kill our own law enforcement agents so the government could crack down on gun control. You need to listen to, "then-U.S. Attorney Eric Holder announcing a public campaign to "really brainwash people into thinking about guns in a vastly different way."" The Vetting - Holder 1995: We Must 'Brainwash' People on Guns

If you are a bit late to the game and missed the NDAA (You know the National Defense Authorization Act that says you have NO rights at all and that the government can come and lock you up indefinitely for no reason at all) you need to read NDAA Is Washington’s Totalitarian Response To Political Dissent And Economic Collapse Alex Jones' Infowars. Then came ACTA and Sopa and PIPA where the government launched its strike on attempting to control the internet.

Morning Market Summary and Charts 03/09/12 #SPX $ES

The Greeks PSI deal is done for now. The ramifications are still to be felt, but everyone is breathing easier at least for the moment. Now we begin the Post Stimulus Insanity period? "This deal may have sown the seeds of a major political and economic crisis at the heart of Europe, which in the medium and long term further threatens the stability of the eurozone." OpenEurope Verdict On Greek PSI - Pyrrhic Victory Sowing Seeds Of A Political And Economic Crisis In Europe | ZeroHedge.

How could a country the size of Massachusetts with over $200 billion in debt be an issue? (/sarc) This thing went off without a hitch. Easy as pie. Bondholders came to the table ready ad willing to step up to the plate, take their haircuts and do what was right for the good of the globe. Or did they? "Yes indeed, the deal was so difficult that the Greek parliament chose to enforce it on holdouts by gunpoint, more specifically retroactive collective action clauses (CACs)". Mish's Global Economic Trend Analysis: "Success" at Gunpoint. Nothing like a little influence to get a deal done.

Morning Market Summary and Charts 03/06/12 #SPX $ES

It is all about Greece and the markets are getting nervous. It appears very apparent that the PSI deal will fail and the restructuring (that was always doomed, but you were led to believe all would be well) will be delayed yet again. The markets are teetering in the edge of the cliff, but surprisingly hanging on to the hope a deal will be reached (as they seem to always miraculously do these days). Minis are 26 points off the 1377 high and today will generate the first gap down in cash SPX.

"Confirming that the angst 3 days ahead of the Greek PSI deadline is very warranted, we learn that Bingham, which as we noted previously has so far identified and organized a significant group of local law bondholders potentially sufficient to derail the transaction, has now also organized a blocking group of Greek bondholders, this time those holding the country's outstanding Swiss Franc bonds." More PSI Troubles: Greek Swiss Franc Bondholders Organize, Will Hold Out | ZeroHedge

Based on the above it is quite amazing that the markets have not outright busted at this point. The belief in the CTRL-P is strong and the markets simply ignore any bad news (even cheer it these days) as the worse things get only increases the odds for more price levitating easing from the Fed. This is basically the sole reason STB preaches patience and Follow the Fed every day.

Afternoon Delight 03/05/12 - Screw It!

Know what - I got to thinking (I must be hitting rock bottom), why not just put all our effort and energy behind getting Obummer reelected? Why, simple, if we need a total collapse and reset of the system I can't think of anyone that would get us there on a faster course. All the others would find some way to instill hope (God I hate that word now) for another year or two before the inevitable comes anyway. Let's just get this over with. The sooner the better.

On the other hand if he does not get reelected it will clearly be a racial event. It will be because he's black (well whatever ratio of black he is - not sure how that falls into consideration) and this nation will explode with racial tension. They have the ultimate puppet as POTUS. Divide and conquer is their MO and either way they will continue to drive a massive wedge down the center of this country to maintain their power base. Either way, trouble is coming in a big way.

Open Weekend Post 03/03-04/12 - #Birthers and #Breitbart

You know what to do. Share the love and the knowledge.

OK after drawing my own conclusions and listening to AJ this week, I think the time to be scared s-less is closer than ever. This Breitbart media release of Obummer footage was to close, and I believe the odds of his demise being a hit are pretty good. The man was going after Obummer in an election year and one of his last interviews was with Sheriff Joe (the man who released the proof of falsified birth cert and selective service card Thursday - video below). The man was going to single handedly take down Obummer, and I think he probably got whacked.

AJ was discussing what other radio and media personalities are saying. They all are scared and there is a supposed blackout (your life or your job will be lost if you report on any of this stuff - see The Secret Memo That Explains Why Obama Can Kill Americans - The Atlantic) on anyone that covers this stuff. Think about it. We have a president that could not pass a background check to work as a sheriff and he's got known radical socialist background and he's from Chicago. The man is all about racial division and social warfare - divide and conquer - is this hope and change and unity? DUH!

I think the possibility of someone else going down in the next week or so is pretty good. This is one hot potato. Possibly the hottest of all. They are fighting for the presidency here. Add to this the racial charge that will come down if he's proven a fake (Not to mention the slight problem of having an illegal president for the last 3 years). Not good. It can NOT be proven he's a fake under any circumstances - NONE! Breitbart was going for the jugular and got taken out.

Morning Market Commentary and Charts 03/02/12 #SPX $ES

I don't have much to cover news wise this morning. The liquidity train in the EU pulled into the station and got a full tank and is ready to roll again.

Here is the scam, the fleecing, the theft in broad daylight that the banksters that hold the world hostage (cause they are the only ones that can print money) are pulling off - "roughly 800 European banks will bleed by €6 billion in the next year just to store their cash with the ECB." What Carry Trade? Euro Banks Deposit Entire LTRO 2 At ECB, Bring Total To Over $1 Trillion | ZeroHedge. So they print money from thin air to infuse an insolvent banking system only to immediately receive all of it back in deposit and collect 75 bps in the process - BRILLIANT. Where does the money come from to pay the loss on the carry trade? Your pocket and mine. That's fucked up and the sheeple of the world do nothing. that's even more fucked up.