Mr. Grinch (Non-Denominational)

He HADN'T stopped Christmas from coming!
IT CAME!
Somehow or other, it came just the same!
And the Grinch, with his grinch-feet ice-cold in the snow,
Stood puzzling and puzzling: "How could it be so?
It came without ribbons! It came without tags!
"It came without packages, boxes or bags!"
And he puzzled three hours, `till his puzzler was sore.
Then the Grinch thought of something he hadn't before!
"Maybe Christmas," he thought, "doesn't come from a store.
"Maybe Christmas...perhaps...means a little bit more!"
And what happened then...?
Well...in Who-ville they say
That the Grinch's small heart
Grew three sizes that day!
And the minute his heart didn't feel quite so tight,
He whizzed with his load through the bright morning light
And he brought back the toys! And the food for the feast!
And he...
...HE HIMSELF...!
The Grinch carved the roast beast!

You see, Christmas does not come from a store and, yes, it means a little bit more. Those that shop at the Fed's discount window found that Christmas can come early (or at any time they want it to). Those that shop at the Fed's discount window don't give a shit about your Christmas. The bonus laden will spend, spend spend and the debt and foreclosure laden will cry boo-hoo. They have left no crumbs for your mouses and that Who Hash, they smoked it! Friggin all of it! Bogarts.

Now Christmas is coming to CITI and Wells Fargo. They are getting bailed out for bonuses and the shareholders are getting diluted to Whoville and back. You’re a foul one Mr. Grinch. You’re a nasty wasty skunk. Your heart is full of unwashed socks, Your soul is full of gunk, Mr. Grinch. The 3 words that best describe you, are as follows, and I quote, "Stink, Stank, Stonk"


That's right, Christmas does not come from a store because their inventories are so low you won't be able to find what you want even though the shoppers are only out in limited numbers. For it was on that day they say the credit card issuers increased their interest rates 10 times plus two. They are not gonna come and steal your tree like the Grinch, they are gonna repo that sum bitch and still charge you interest (times two).


Was it really because the bankers hearts were two sizes two small? Not really they are to big to fail so they don't really have hearts or souls or even a spirit for that matter. Their religion is rooted in evil and greed and your well being is of no real concern to them. They have discovered a way to churn the markets without needing any of our assets and thus rendered us useless in this world. They got all they needed out of us. You nauseate me, Mr. Grinch. With a nauseous super naus, You’re a crooked jerky jockey and, you drive a crooked horse Mr. Grinch.

Don't expect Obama or Bernanke to come whizzing thru the night to bring you a load of jack shit. Their hearts are not feeling any lighter (nor are their wallets!). He's gone. He's checked out and did not leave a forwarding address. He left town with all your shit and is still charging you interest! That roast beast, that ain't roast beast I hate to tell ya.

I can't really decide amongst the candidates who should be the Grinch. Bernanke and his "superman of the year" award? Greenspan? Clinton/Bush/Obama? Timmuh? GS? Or pick almost any representative. It is a tough call, so you can make up your own Grinch.


OK, I have slightly berated one of the all time favorite Christmas stories, sorry. You see it is one of my favorites, and I believe the message is glaring to those that will listen. At the very end of the video the message is loud and clear.

Christmas day is in our grasp, So long as we have hands to clasp, 
Welcome all Who's Far and near, Christmas day will always be Just so long as we have we,
Welcome Christmas Bring your light, While we stand Heart to heart And hand in hand 


My kids have to recite that (and about 5 other Christmas classics), so I know they get it. You see if you remove the word Christmas and replaced it with, say, Saturday, read it again. Stripping away the commercial and religious aspects, we can all enjoy the season. What if We did not have We? What if We could not stand hand in hand with our friends and neighbors? It is about community and family coming together. We need We! Without We things would really suck, so this holiday season appreciate the We's you have.


Now stretch this We to our country or the world. We need We and We better start coming together or the Grinch is gonna get our tree, and he might want to stuff the tree up something other than your chimney. I have had enough of the Grinch and his TBTF party. So as you are spreading holiday cheer with the other Who's in Whoville, why don't you discuss the Grinch and his bad acts so others become aware of what is really happening. Then it will be the Whos turn to make some Noise, Noise, Noise. Then maybe the Who's can get their Constitution and government back! Now wouldn't that make a great holiday gift?

Happy holidays!


I'll post on a Christmas Carol soon. I'd hate to leave Scrooge out of one of my Xmas posts.

Also, I crossed the 300k hits milestone today! Thanks for all your views and support.

A B C Update

It ran all the way down to the lower trendline of the upper throwover wedge. This is a pretty critical point to possibly denote the end 4 (or 2) of C of 2 or the possible beginning of 2 of 1 of 3. I have been mentioning a possible zig-zag down here as well. The 60m have bottomed, but I expect them to embed and the dailys are still running south strong. I am hanging on to P2 by the skin of my teeth now. I have a few key indicator points that have not hit yet, but things look really miserable (an they will be soon).

Just something to think about coming into Monday.

T - minus 17 days to my projected 10/12 top date.

You may want to pay attention to what's going on at the G20 meetings. The world just may be changing right before your eyes and you may not even know it.

Enjoy your weekend!

Good Morning

Channeling down as can be seen in the 30m /ESU9 below. Small pop down on the disappointing ADP report this am. So what if they missed by 60k. Whats 27%? Hell, Ford missed by 50% and that really did not mean shit either. I am surprised CNBS reported it. Pay no attention to the man behind the curtain.

Daily chart - Broke thru lower rising wedge tendline and back testing the top trendline of the last triangle break out and the 61% fib off of the 978 low. SPX runs into lots of support from 980 to 965. Lower BB at 980, 38% fib at 974 and then the 50ma below at 965. Then the 50% fib is at 954 and 61% at 934. The ONE THING that gives me caution about the daily chart, even though the RSI trendline is busted, is that the RSI is sitting on 50. ADX is about to bear cross.

The 60m chart - Indicators almost bottomed out and blown out bottom of lower BB. I no longer pay much attention to the 60m indicators as they have been very unreliable of late, but they are near the bottom and should embed.

I expect some follow thru from yesterday. If this thing gets some momo look out. If this is the end of a 3 and we have a 4 corrective, 5 should take us right to 980/974 range. That would end 1 of 1 of P3. Holiday weekend coming up and some are speculating some big bank issues then. Might make a good set up for a 3 down on Monday!

Kenny has his C top and Dan has his P2 top called. Still grinding over my no top call. Thanks for all the positive emails and comments. They are appreciated. As Aidyn noted, calling the top is not important, making $$ is. I am short and playing it as the top is in and you should too. THE STRUCTURE OF THE FALL is the most important thing to pay attention to now.

I'll be doing the long promised UNG post this am.

GL trading!

Weekend Video Viewing Pleasure - Demonstration Of Support And Resistance

Support can give a little, but it provides a bounce that can create wonderful effects. When continually bouncing off of support the subject can gyrate wildly and cause euphoric feelings with the visual effects.



Sadly, just like with todays market, when things become bloated and fat support will eventually break and everything will come crasing down to earth.




Hope you enjoyed the ramp job this week. Opex is behind us now. Have a great weekend.