Four Lads From Ireland

Cheer up people.

Confessions of an Economic Hit Man

Debt as a weapon, hmmmm.

No idea if any of this is true, but it certainly makes for a good story.



Confessions of an Economic Hit Man

Stupid Blue Bars

No I'm not counting seconds in the day. Suddenly that doesn't seem funny anymore. Rather childish actually.

Two signals, two stops.

Humbug.

5 Minute Crude Oil Chart

1 Minute Crude Oil Chart

I Was Interested

So I hope you are too. Not sure who created these videos but they do a nice job of explaining a few things. Or at least providing an opinion.

The Japan commentary is from the same gentleman that brought us the oil contango video.

Don't Blink

To continue with my counting of the seconds theme today I watched charts for 19,645 seconds, traded for 46 seconds, and then congratulated myself for the remaining 109 seconds in the session.

I got full target on the trade as the peak of the move was 1 tic above my target.

Is that skill or dumb luck?

It's been a slow couple of days, let's call it skill.

I also deployed the retirement cash into stock so yes this is officially the bottom.

5 Minute Crude Oil Chart

1 Minute Crude Oil Chart

We're all Going to Die

In times like this it's important not to panic. To remain calm, a Captain Chesley Sullenberger kind of calm.

A simple "brace for impact" kind of calm.

With that in mind I offer the following kind, humorous, warm, and fuzzy little video.



Which is differnt from the original video I had chosen today. This one did not play well in the "room".



Daily DOW Futures Chart

Daily Crude Oil Chart

So with the DOW collapsing again I am looking to deploy some retirement cash. The last time I did this was Oct 2008.

Then we had Nov 2008. Ouch.

I held through and sold a few weeks ago for a small profit.

This time I'm looking at Canadian Real Estate Investment Trust and Cominar for an income producing long term hold.

We shall see.