Tuesday, April 30, 2013

Soon Dead Horses Near Finish Line

Just a quick contrast of Europe and the U.S. tonight, and which of the two U.S. media is more like...



Europe long has lagged the U.S. since March '09 bottom. This is displayed via $DAX:$SPX relative performance. (Truth is we are hard pressed to find anything outperforming the S&P 500.)

Europe's lag can be seen supporting the likelihood $DAX is forming a "rising wedge" off early-October 2011 bottom. A rising wedge being a special Elliott wave indicating trend "exhaustion," this condition is substantiated by $DAX PPO (price percent oscillator: a momentum measure). The prospective Elliott wave count of this rising wedge's component waves is substantiated by $DAX:$SPX relative performance since early-October 2011. The rising wedge's 4th wave likely will be completed once $DAX:$SPX relative performance falls below its bottom coincident with formation of the rising wedge's 2nd wave (early-June 2012).

As for the U.S., $SPX reveals an Elliott 3rd wave's dynamism in formation of the two (c) waves labeled above. This is seen via $SPX PPO (circled). Yet exhaustion is seen here, too, contrasting the current (c) wave's PPO with the prior one largely unfolding over the latter half of 2010.

We might imagine everyone is conditioned to believe volume doesn't matter. I submit that, it does, and not only will it "matter," but its diminishing trend risks a dizzying tailspin. This possibly is heightened by a thinning bid principally captive to increasing selling restraint.

Anyone else notice during President Obama's press conference today a docile media worthy of being ignored? Talk about exhaustion. Like beating a dead horse, and this without a single question about an increasingly dire European situation! Could the Elliott wave views presented above suggest dead media horses, too, are near being buried? Odds sure look good, judging by the game of T-ball they otherwise called a presidential press conference.


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Monday, April 29, 2013

The Little Engine [of fraud] That Could

While there isn't a measure of the market's underlying technical state that isn't reading "garbage," the little engine [of fraud] that could just keeps on chuggin' its way up the mountain...



It more or less goes without saying we strongly suspect the little engine [of fraud] that could will find its brakes rusted—frozen—once the mountain's peak is reached and the downhill trip is begun. Yet we also recognize capacity stoking the engine's fire, obviously, is yet exhausted. The quality of coal being burned no doubt inferior (this, the market's underlying technical state reveals) nevertheless still keeps the train chugging uphill.

Now, major indexes present only slight variations in their tracking of the train's ascent up the mountain. Above is one proposed view presented by the S&P 500. Assessing RSI (top panel) we might suppose that, yet to complete is wave 3 of (c) of B—wave (c) up from mid-November 2012 bottom is seen being the last hurrah of an a-b-c-x-a-b-c up from March '09 bottom. As the S&P 500's daily RSI has yet to fall below its late-February 2013 low, the above Elliott wave count is substantiated. Typical in a 5-wave progression is technical deterioration accompanying a 4th wave versus its preceding 2nd wave.

So, right now we might assume wave iv of 3 is in the midst of forming off the S&P 500's April 11th peak. At this point it doesn't matter one bit if this peak presently is exceeded during formation of wave iv of 3. What matters is that, at some point over coming days the S&P 500's RSI falls below its late-February base. You can't really much decipher from the S&P 500's daily chart the Elliott corrective wave form wave iv of 3 possibly is taking, but for the moment let's assume an a-b-c-x-a-b-c "complex" corrective wave is unfolding off the S&P 500's April 11th peak, with the connecting "x" wave nearing its completion. In forming the second a-b-c upcoming we should see the S&P 500's RSI sink below its late-February level.




Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Friday, April 26, 2013

Venetian Intrigues 2013

Let's quickly review the geopolitical situation. Whether the discerned message behind extraordinary events we have witnessed reveals the legitimate object of each given act ought not distract from who are their most likely author. This antagonist, indeed, an otherwise reasonably perceived culprit in fact helps better identify. In other words, the author of events seeming the most likely, given appearances, rather points responsibility elsewhere.

We are hard-pressed to identify an extraordinary geopolitical event over the recent period whose authorship could not be fairly assigned to Russia. From Benghazi, to Newtown, then to last week's events, we find motive guiding a conclusion that, some element of Russian intelligence services very well could have been behind these. Yet in the scheme of associated affairs accompanying each intrigue is obfuscation whose effect points responsibility in a different direction. Venetian machinations rather plainly appear behind these in their entirety.

Those most likely responsible are among elements long working to destroy the system of sovereign nation states (the United States in particular) who now are racing to blow up a world that has been led into the trap that is today's woefully insolvent, global monetarist system. We should have no doubt this end raising social instability and rapidly increasing material want, indeed, was intended. Little wonder, really, intrigues aiming to pit the United States against Russia are being intensely cultivated, increasingly feeding political conflict over the past decade, and especially over the past year. This policy, likewise intentional, if nothing else rather exposes physical reality that, the trap we have been led into simply cannot be held open indefinitely. Its springing likely but awaits circumstance raising desired conflict's inevitability. Intrigues today centering on Southwest Asia very well could mark the final destination before the trap finally is sprung, and this in the midst of accompanying machinations unlike anything we have experienced thus far.

Heightened chatter we have been treated to lately, hyping risk of nuclear conflict (North Korea) and chemical warfare (Syria) could shed light on Boston's lock down last Friday, too. Lame "leadership" acting to legitimize itself, among other purposes, simply might have been seeking its own fortification. Yet the very existence of such frightening, vile chatter, along with intrigues exposing our present vulnerability to unimaginable risks—these played up to the hilt—rather lay bare our so-called leadership's profound illegitimacy. These pricks are off the reservation. A so-called "strategy of tension" we are given to endure as a consequence of their ineptness brightly spotlights this conclusion. Positively no redemption is forthcoming in precautionary responses to the very real threat that, assets groomed by moles embedded in domestic intelligence services could go rogue. The U.S. political establishment is as bankrupt as Wall Street right now.

Just look at how disgustingly lame has been the U.S. response to Europe's accelerating spiral into the abyss. There's no concern for the general welfare of Europe because there's no concern for the general welfare of American citizens. We are thoroughly subverted, and it stands to reason that, a political class finding it increasingly difficult to manage an incredible game of make believe should find fantasy's dissent seeking truth facilitating a monumental lie's perpetuation. Oligarchy is the disease—the Venetian plague—at the root of today's profound vulnerability threatening our world with chemical, biological and nuclear warfare.

Appreciating this threat, too, we come to realize how trivial is capacity to discern risk hanging over the stock market employing that brand of technical analysis we do here. Yet being as we find noteworthy technical concurrence that, a great financial shock making 2008's look like a walk in the park lies entirely within the realm of possibility being illuminated by our present day's affairs, we should find begging as a result something more than possession of mere financial acumen. Were we remiss in this recognition, then how could today's misguided gold bugs and survivalists more generally rightly be thought representing a lesser quality of humanity? Thus our affinity here for effective remedial policy, historically proven, whose advocacy more or less finds the Ivy League out to lunch.

Yesterday's tongue-in-cheek political recipe begging an about-face in U.S. relations with Britain and France, how ever fanciful this possibility, still projects chaos of a similar sort which, like everything else of late, could be readily assigned to Russian motives, particularly were provocations against its interests to continue unabated, as seems abundantly likely now with this week's ratcheting of tensions targeting Syria. This is the larger pit into which we are being led by what is best seen a supra-national, Venetian modeled consortium—the global banking dictatorship. Yet the error of Congress failing to clean house following 2008's debacle no more animates this group than seals its fate in intrigue. This much we can be fairly sure of, although just how the dominoes might fall remains unclear.


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Thursday, April 25, 2013

Fed & WM: A Match Made in Refuse Heaven

How can I resist Jim O'Neil's suggestion the Fed start buying equities? Maybe the Capo should begin the binge taking on a boat load of Waste Management. I mean, seeing he is so big on transparency. Then, once and for all the world will be positively certain central banks have become one giant garbage dump.

Well, one thing we did learn today is the CBOE pretty much is useless to those insolvent collectors of toxic waste in their ongoing efforts to paper over their mess. Exchange traded options evidently play no meaningful part in the game of make believe pretending the stench coming from the banking system is no longer detectable. There positively was no discernible impact of the CBOE's failure to open for some hours today. Whether an act of cyber terrorism was behind this is anyone's guess, yet this possibility certainly should not be discounted in the present environment, even if only providing "cover" for other threats far more substantial.

Now, as it is not difficult to imagine circumstance blurring intentions behind discrete actions we are given to ponder these days, probably the most fruitful analytical perspective gleaned from geopolitical affairs simply revolves around whether events serve to fortify the productive potential underlying a system of sovereign nation states or do they compromise this potential. Obviously, affairs that push toward instability and war further the latter cause, while, ominously, we find no shortage of such threats in our contemporary experience.

Europe is a mess and no promise of lower rates from the ECB is likely to indefinitely postpone chaos of an uncontrollable sort. Team Fraud in fact has been gunning for this all along. The race to the top pitting a ballooning, unpayable debt against a growing supply of unemployed labor is certain to see one of these break the tape at a fast approaching finish line, and thereafter will the laws of gravity likely be rewritten by the trans-Atlantic banking system's subsequent collapse in a reverse race to the bottom.

Of course, Europe is just one of the more established demonstrations of how "all things are not what they seem." In light of last week's intelligence failures the September 11, 2012 attack on the U.S. consulate in Benghazi, too, might rightly be cast in a new light, as well. Thus, with the count of known U.S. intelligence failures in the recent period now three we really must wonder how the nation spending the kind of money on its defense and intelligence as does the United States could suck so badly at it.

Furthermore, more Americans should be asking why the U.S. any longer would allow the hopelessly bankrupt British and French to lead the way further down the road of self-imposed marginalization whose effect is bringing shameful embarrassment on the home front. Why not instead entertain the possibility of parking our nuclear-armed submarine fleet in the English Channel while debating which capital—London or Paris—we should turn into a parking lot? Why not consider both worthy targets for that matter?

Mind you, these questions are asked tongue-in-cheek begging only leadership willing to assert uniquely American principle whose cause is the ultimate "responsibility to protect." This principle is most eloquently spoken in that single sentence forming the U.S. Constitution's preamble. On every last count the U.S. political establishment is miserably failing to uphold the sum of humanist principle laid forth there. On every last count failing.

I am not on board with Tarpley's view that, last week's events are part of a "strategy of tension." The foremost question defying his conclusion is what dissent to austerity is this "strategy" targeting? There is none to speak of. Rather, we might better perceive Venetian intrigues aiming to put Russia in the cross hairs. Today we find last week's seeming death threat issued against President Obama, this extending to those intellectual backers of his administration's imperial policy haling from the Ivy League—a threat only heightened by this week's "hacked" @AP tweet—subsequently has been followed by a mystifying deafness to this seeming threat presented in the form of escalating tensions levied upon Syria. This disconnect rather starkly suggests any "message" sent last week more likely was pure cover for what otherwise is an "all things are not what they seem" ordeal. Not a "false flag," but rather a far more devious deception.

U.S. intelligence is being played like a fiddle. As best as we might decipher, the concert began moving toward its crescendo last September. Yet not until the United States makes a decisive break from Britain and France will the oligarchs-gone-wild show be canceled.

Herein, too, resides most credible threat a reign of terror soon could visit the greater Wall Street community, this even if the necessary break only is hastened. When cracks in a dam appear risk of a deluge is elevated. To be sure the flood need not be bloody, yet metaphorically, bring "blood in the street" where there is much blood to be given, and this to survive, seeing clearly how posterity intends keeping the body alive.

Now, it more or less goes without saying the state in which Wall Street presently finds itself rather makes many in the community fairly "expendable." Indeed, we might say today's rather uneventful failure at the CBOE confirms this conclusion. Yet a self-imposed vulnerability made only more threatening by such witting dupes as Fed chairman Bernanke and former U.S. Treasury Secretaries Geithner and Paulson, specifically, as well as supporters of the "bailout" regime more generally should not be thought sealing a fate doomed to suffer unimaginable terror, if only in destitution. There remain face-saving ways out, how ever short is time left to commit the about-face needed.

Poorly advised are we to expect Ivy League leadership. Yet worthy is plea for its American faction to man proven engines of liberty our constitutional republic affords. Bring back the national bank and the Hamiltonian system of credit. Rally the entire English-speaking world to our form of government once this is achieved. Make this an English culture-defining moment, insisting on constitutional republic, showing how there's much to gain for and from an aristocracy whose fellow countrymen loudly dissented to the very same disease currently afflicting the United States, doing this in song taken from "The Wizard of Oz" which was made popular following the recent death of former British prime minister Margaret Thatcher: "Ding-dong, the Witch Is Dead!" That's how bad it is right now! This is like taking candy from a child, really. So, why isn't the Ivy League pitching Scotland become the 51st state in the union? The Scots can't stand the place either! Pity these find the Ivy League unprincipled and weak. Physician, heal thyself!


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Wednesday, April 24, 2013

So Quiet You Can Hear a Pin Drop

What's this sound of a pin dropping we hear right now? Why, that's the nervous stirring of Wall Street's bankers realizing they're probably next. If they really don't know what to do at this decisive moment—the most critical in all our lifetimes—we might call it the result of a wildly overpriced "education." Keynes and Marx have nothing to offer here. Hamilton? A Princeton graduate hasn't the foggiest. The "structural reform" these continue insisting upon? A virtual death sentence.

The hush so quiet that, we can hear a pin drop is the price of a weak, subverted Congress whose inaction in the cause of truly restoring confidence following 2008's collapse of Adam Smith's Leveraged Ponzi Scheme now puts in the cross hairs the Bank of Terror. The chairman of the board—our commander-in-chief—enjoys incredibly deep protection. Not so his string pullers.



The subtle, yet fairly stark degradation in the market's upside momentum (see bottom panel) puts us in front of an upcoming turn lower whose magnitude should dwarf that of April-May 2012.

The open question, though, is whether this present moment's subtle momentum degradation might continue for a time, coinciding with the further formation of a 4th wave of 5 waves up from mid-November 2012 bottom. We have reviewed evidence ($VIX) here raising this likelihood, so possibility the market remains levitated over coming weeks (near-term continuing April's wild swings as the 4th wave moves toward completion) is on the radar, as are prospective attacks targeting the busy [bankrupt] beavers of the Bank of Terror.




Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Tuesday, April 23, 2013

@AP Tweets al Qaeda

Evidently, either someone wanted to test how brave is the face put on by the bankrupt Axis of Fraud following last week's death threat, or the hack of AP's twitter account exposes a Wikileaks-like CIA limited hangout today serving the Patsy Protection Team in hope of keeping all eyes fixed on al Qaeda in Iran (LOL! Those Ivy Leaguers say the funniest things when they're kissing Venetian butt! Wait a minute... Maybe Assad just dropped some laughing gas outside my window... LMAO!).

This afternoon's excitement kind of makes laughable "intelligence" culled from social media, as anything about anything evidently is easily planted. Then again, another not so veiled death threat coming so soon after last week's raises concern that, maybe third time won't be a charm. Things certainly are moving fast.



We have a conflict here, too. On one hand there's reason to believe the 4th and 5th waves of 5 waves up from last Thursday's bottom are still to form. On the other hand, $CPC and $VIX give every appearance the market is at risk of coming under pressure in a manner likely taking out last Thursday's low.

Yet the faint heart the Axis of Fraud displayed upon today's @AP tweet to al Qaeda's leadership might prove more problematic than relief over this evidently being a "ruse" otherwise appears to suggest...


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Monday, April 22, 2013

The Odds on Uncertainty Hate

If the market hates uncertainty, then technical conditions evidently similar to those just prior to the market's bounce beginning late-February should prove no useful basis for projecting the same positive result presently. Indeed there are negative qualitative differences in otherwise seeming similarity of the market's technical state, now versus late-February, and these rather indicate there's a greater likelihood the market's hate of uncertainty soon will have its day...



At late-February bottom the S&P 500's momentum (bottom panel) "confirmed" that, the index's advance off mid-November 2012 bottom had yet deteriorated. This was a positive. However, no such positive technical confirmation exists now. Here we are at a higher $SPX low than late-February and yet momentum in fact has deteriorated. That's a strike against a late-February repeat of the market's move higher off mid-November 2012 bottom..

Still, $SPX momentum remains positive, while its relative strength (top panel) brings positive confirmation of the S&P 500's advance, at least at successive bottoms since mid-November 2012. Yes, RSI's peak of April has negatively diverged from March, this as $SPX moved higher. Yet so too was this true at February's $SPX peak. So, at least a period bringing the market stability and lasting some days could be seen in order on this account.

$VIX and $CPC, too, both bear technical similarity now versus late-February. Both are in a like, unfavorable state, and this no less with $BPNYA in the red zone (RSI < 30) where the market consistently has proven vulnerable to coming under pressure. This is a negative development to be sure.

So, the path appears paved for an upcoming bout of uncertainty hate. Still, a sideways trend in a pause before this might first make way.


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Friday, April 19, 2013

Resurrecting the Mid-Night Ride of Paul Simon Revere

Put away your "false flag," my friend. This is not what lies behind events in Boston this week. Nor, however, was the red, white and blue hoisted on "Patriots Day" signaling the start of the second battle of Lexington and Concord. Nevertheless our great challenge, truly, is making this effectively so.

Here's what you don't know, because you quite possibly have yet to summons that truth-seeking will to break from imperial mouthpieces subverting the American Republic:
Against the very commander-in-chief of today's imperial tyranny was the act of war launched on Patriots Day given to make its charge.

Let me rephrase that. Boston was a death threat issued to President Obama specifically, as well as those among his administration's intellectual backers of the Ivy League more generally. Please, hear me out because these, quite possibly, were not the only death threats issued. Indeed, the entire nation is being threatened and Venice on the Thames probably couldn't be more pleased right now.

The amazing coincidences of this week's violent events all point to a war breaking out in the intelligence community. Do you recall some mere days ago my forecast that, the covert branch of the CIA aligned with Britain's MI-6 could be poised to have its ass handed to it? Well, that's exactly what happened this week. All the more, too, this is looking like the second time in just the past four months—a conclusion made clearer only with revelation of Boston's patsies du jour. That's right. Patsies. As ever, these provide cover for the real culprits.

Let's look at the details, at least as much as we can piece these together into a coherent picture. First, some very useful background on this particular variety of patsy. The meat and potatoes are served up in the first couple minutes (but you will want to carefully listen to about the next ten minutes following). Remember, we're talking patsies here. When you get to remarks made per the "alleged" involvement of Chechen terrorists in the Beslan massacre of September 2004, put these in the context of claims suggesting an unmistakable CIA influence on the leadership of these terrorists, then ask yourself whether what goes around came around on December 14, 2012. Sick, I know, but this is the world we live in.

Now, just why Attilos, closet neo-con, would be deemed worthy of such vile reciprocation probably meets the intersection where servile whores of British imperialism among the Ivy League set—the likes of whom groomed Obama to be their Manchurian candidate—intersects policy whose ultimate aim is to destroy a former U.S. ally in the war against fascism and Naziism fought by a generation of people many of us living, indeed, knew personally. Meanwhile, evermore threatening machinations targeting Russian interests persisting throughout Obama's tenure—these occurring in lockstep with the relentless deepening of the trans-Atlantic banking system's insolvency—bring us to this week's intrigues whose message met its target in echoes of circumstance surrounding the assassination of President John F. Kennedy.

Never in the known history of humanity has lightning struck the same man twice on the same day. Now, this might explain why the "fire" at the JFK library occurring virtually simultaneously with the detonation of two explosive devices at the finish line of the Boston Marathon on Monday, April 15, 2013 was so quickly ruled unrelated, yet this conclusion, too, is about the only one available to eunuchs who make careers of denying conspiracies. The sheer coincidence of this "fire" occurring within minutes of the bombing truly tests credulity, particularly when put to the scrutiny of events surrounding the immediate aftermath of JFK's assassination. Only the more so now is credulity tested some mere few days following this fire's fantastic "coincidence" amidst subsequent happenings bearing a remarkable similarity to those extraordinary events unfolding in Dallas, Texas on November 22, 1963. The main difference presently is some other intelligence agency (foreign in fact) probably is behind it. Still, the message sent is unmistakable.

To be sure the choice of executing the initial phase of this week's violent machinations in the city where the crème de la crème of the thoroughly subverted Ivy League—Harvard—is located, and this on "Patriots Day" no less, seems neither a coincidence, nor sealing a merely casual message. Rather it appears a purposefully chosen calling card meant to provoke thoughtful discernment among Americans living today who would humbly consider the historical meaning of Massachusetts' Patriots Day, as well as the most urgent need to reassert it in practice without being compelled to shoot the messenger. A formidable challenge, indeed!

Listen up. The unprecedented lock down of Boston today—this following last night's remarkable facsimile of officer J.D. Tippet's murder—is loud and clear signal that, London's dogs understand a potent adversary possessing a frightful nuclear arsenal has had enough of Venice on the Thames and its renegade cousins who lend it backbone. This extraordinary measure may have momentarily protected Secretary of State Skull & Bones from suffering a fatal "heart attack," but regrettably came too late to prevent a major industrial bombing in the back yard of two other Skull & Bones alumni who recently held the office of U.S. president.

A virtual certainty now is Venice on the Thames feeding its American dogs rope which to hang the nation with. Our challenge is caging these dogs before they can lead all our heads into the noose. Indeed, these people have more than adequately proven the ceaseless march to death the fuller extent of their capacity for "leadership." Their push for war in Southwest Asia at the behest of imperial London and its satraps in Paris only but the latest sellout of America's founding principles. Fortunately, a U.S. president with a plain penchant for embracing terrorists makes a most worthy mark for impeachment. Am I not being objective? This state is intolerable!

All other matters of policy redirection we have at our disposal—a 1% Wall Street Sales Tax to pay for local police and fire protection, as well as fortification of the social safety net more generally, this to counter Attilos' attack (in his capacity as imperial slave); nationalization of the U.S. Federal Reserve for the cause of effectively creating a Hamiltonian national bank to finance the build out of physical economic infrastructure worthy the 21st century; and reorganization of the U.S. banking system along Glass-Steagall lines—these await but the inevitable collapse of a trans-Atlantic banking system exposed only the more vulnerable by this week's acts of war against those seeking to enslave an ever-widening swath of dupes, both foreign and domestic, this in order to prop up the imperial wreck called "globalization" but a bit longer, that the drive for supra-national banking dictatorship be somehow furthered.

Last week's well-timed advice to ignore the Patsy Protection Team that is the mainstream media has been given ringing endorsement. Strongly recommended now is your time taken to investigate the links provided above.





* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Thursday, April 18, 2013

The Hour for Waking is Very, Very Late Indeed...

So what if I'm being repetitive. I guarantee tomorrow's remarks will be fresh and, truly, a real eye-opener. That is a promise.



What I've marked above is no less significant than what I haven't. What's not noted is the very present moment. Here is the NYSE Composite Index a mere 3.6% lower than its peak of last Thursday and there is barely a shining star among NYSE-listed issues. This is no disparity. Rather it reflects circumstance that goes hand in glove with the failure of hopelessly insolvent lenders of last resort (all things remaining unchanged, of course) to reverse one iota the collapse in confidence their recklessness under the reign of King Ponzi, Alan Greenspan, wrought following the collapse of Adam Smith's Leveraged Ponzi Scheme in 2008. This matter of collapsed confidence simply cannot be easily reversed, and this no matter even if discovery of benevolent life on Mars willing to backstop the mess created by the U.S. Federal Reserve and its captive whores in Congress were in fact a credible possibility—a "proposition," by the way, no less fantastic in its formulation than the heap of crap Ivy League miscreants have been peddling to obscure the truth that, lenders of last resort already long ago have crossed beyond the point of no return.

Tragedy is that, barely a soul gets it. Hard truth has been in our face, front and center, since March '09 bottom. Following a world record print of NYSE-listed issues hitting new 52-week lows as a percentage of all listed issues—something like 83%—during the worst of 2008's market collapse in October, from October 2009 (one year subsequent to the prior year's worst) to the very present moment the market's recovery has been accompanied by a relative paucity of NYSE-listed issues hitting new 52-week highs. Even in the age of QE to infinity and beyond this condition has persisted. Granted, following last year's September commitment by an only the more reckless—hopelessly trapped—Fed to apply QE to its bankrupt system for as far as the eye can see, the number of NYSE-listed issues hitting new 52-week highs broke a long-running contraction that had been ongoing since April 2010. Yet this feat only resulted in a terribly modest increase in NYSE-listed issues hitting new 52-week highs gracing the record since March '09 bottom. All the more telling has been subsequent return to this measure's contracting trend persisting right up to last Thursday's market peak.

There should be no wonder as to why this is occurring. Confidence, rightly, is vanquished. Strong hands have abandoned the asset class, as a persistently contracting volume of shares exchanged daily screams. That's because anyone with a functioning brain cell understands the game is doomed in an environment where both the physical and financial economy have been condemned to an accelerating shutdown, this a direct consequence of the fascist Bernanke's intentional policy to wring out "excess capacity"—a policy intention likewise being prescribed by the Fed chairman's colleagues among imperial euro-creeps.

So, where does this leave equities? Well, to those who understand the Elliott Wave Principle I have been proposing the following view...



Whether wave c of (b) of B [of an a-b-c, Elliott corrective wave down from October 2007 peak] in fact completed last Thursday remains to be seen. Ditto whether wave (c) of B sinks the market in such a chaotic convulsion as to make March '09 bottom appear as though it never brought forth from lenders of last resort a frenzied panic whose effect extends into the foreseeable future support formed as a result.

Yet you don't need to be an advocate of the Elliott Wave Principle to understand the message being delivered by the NYSE new 52-week high-low differential. That message I have consistently made clear here in a single word, one I believe most adequately describes the entire asset class in general:

GARBAGE.

If by chance you're flush with such holdings right now, say, hanging on for dear life, or worse, believing the intentions of failed Ivy League miscreants dominating institutions of government are honorable, or more to the point, workable, then all I can say at this very late hour is time is short, indeed, for you to come to your senses. This week's geopolitical calamity yet scarcely registering in measures of the asset class we objectively assess here positively is a wake up call. Something VERY BIG is going down. Mark these words.

Everything we have been speculating about here, whether it abundantly be our present day's reality or otherwise thought imminently possible, has come home to roost in a big, big way this week. I mean in a revolutionary manner, and I'm not talking Bolshevik. No pun intended, nor is any implication meant, for we will never know who, truly, is behind it. All we can be sure of is the moment for our generation to exert the fullest of its genuinely patriotic intentions uplifted to the cause of the American Revolution has arrived onto the scene in intrigue only the blind and stupid could see as something more so threatening that most noble accomplishment of our nation's founders. Truth is the subversive enemies of the constitutional republic that is the United States took it on the chin this week, albeit in a manner tragically stealing the lives of innocents who otherwise deserved their nation never, ever be so thoroughly compromised as it has become, as we all do, and so now are most worthy of honor, that for all time their lives never be sorrowfully regarded as having been taken in vain. More illumination on this tomorrow...


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Wednesday, April 17, 2013

Conflicting Bullish Percents

Looks like the individual investor might have been waiting for the much vaunted dip to buy. Their bullish sentiment jumped higher to 27% this week from last week's eye-opening 19%. As luck would have it, too, more "bargains" are to be had...



Trouble is the NYSE Bullish Percent Index has moved to a precarious position that typically has coincided with a market under pressure (this vis-a-vis the measure's RSI dipping below 30). Still, we might suspect nearer is a bounce led by NYSE-listed issues remaining positively poised. Looking back only to this same period last year we might better fathom near-term possibilities...



Then again, just how soon any meaningful bounce develops might first find the market's technical state weakening a bit further, sinking RSI (top panel) and MACD (bottom) to a more decidedly negative position, much like occurred going into early-April 2012 bottom. Already, a more negative technical backdrop than a year ago has coincided with the market's lift into last week's peak, so those hopelessly insolvent, "dirt cheap" bargains Bove spoke of rather have their work cut out for them at the moment. Not to disparage the "great success" the likes have had sustaining the illusion of surviving a self-imposed bankruptcy. The question is, though, how much longer can these hold on for dear life before succumbing to the trap into which they've been led by Venice on the Thames? By all indications coming from Europe it appears time bought will not indefinitely adhere the band-aid taking form in profitable proprietary trading whose mechanics we are all too familiar with here...


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Tuesday, April 16, 2013

Quick and Dirty Coming Clean

As it stands right now, developments from last Thursday's peak to today's close appear strikingly similar to developments from last Thursday's peak to Friday's close...



Already knowing Monday's results this similarity might appear the more interesting. However, let's go with possibility the high and low for the week already are in. Volatility evidently is increasing, as there simply are not enough Dick Boves claiming banks are "dirt cheap" and too many Reggie Middletons preparing the more sentient for the Cyprus template on a trans-Atlantic scale, so there should be plenty of pressure placed on the hopelessly insolvent to step up, as well as vexing questions whether there are enough ball bearings in the world to stop Lizzy from submitting a bill in the U.S. Senate to reinstate Glass-Steagall (the "coincidence" of the more or less simultaneous "fire" at the JFK library is just too compelling to ignore methinks).


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Monday, April 15, 2013

The Gold, the Bad and the Ugly

Maybe I should compose my analysis even later than is already the case? Today was supposed to happen last week! Much, much longer ago, too, was my negative view toward gold presented. Better late than never to be sure, especially as the barbaric relic keeps stocks company beside a mountainous derivatives dung pile...



So much for the fat 55% of individual investor's bearish as a contrary indicator? Well, maybe instead of a strictly static view toward sentiment generally, something more dynamically in tune with the moment is in order. We will do well here recalling the awful investor sentiment of late-September, early-October 2008. This had no effect emboldening animal spirits and firming up support under the market's floor over the course of its October 2008 slaughter.

Poor sentiment among individual investors might be considered a growing political threat at this point. Call it Fed fail for simplicity's sake. Even if a hyperinflationary policy could light a fire under the job market, will it ever again turn a home into an ATM supplementing stagnant incomes? Not likely. Confidence in that game has gone the way of the dinosaur, while ceaseless fiscal squeezes everywhere reveal poverty is only a bankrupt Ivy League ideology turned corrupt policy away.

It's getting harder to sell opportunity in free market prosperity, and individual investors simply cannot help but become keenly aware of this, whether openly admitting it or not. This presents a formidable political problem as solutions promoting stability and growth both become clearer and only increasingly imperative. Bombings in American cities should but hasten the pace at which optimism in illusions fade, leaving more and more criminals at risk of finally being corralled by the long arm of natural law. Political cover these thus far have been afforded only too likely will fail to be extended, and this at any price.

The seemingly fragile state of the individual investor, then, might best be considered a reflection of growing likelihood that, out of utter necessity will be change we can really believe. Before I get too starry-eyed, let's just say apathy is so 1995 and this is 2013. Individual investor sentiment is bound to reflect this. This is not to say last week's surprising sentiment survey is better discounted. Rather, we should regard it in a suitable context fitting the moment, much like early-October, 2008...



You might have noticed in the chart of the NYSE advance-decline differential above was a question asking whether today's might be suspected accompanying the start of an Elliott 3rd wave much like a similarly "outside" differential accompanied the market's advance on January 2, 2013 when wave 3 of (c) began its ascent. So, per the Elliott wave count supposing 5 waves up from mid-November 2012 are forming, we might soon discover wave c of 4 is in the midst of unfolding (a "c" wave being an Elliott 3rd wave).

Now, obviously, entirely tentative is the shape of things to come in formation of wave 4 of (c) depicted above. Yet in its further evolution we should see technical deterioration typical of 4th waves versus preceding 2nd waves. Per the S&P 500's RSI (top panel) and MACD (bottom) we have yet to see this (while the NYSE Composite index already displays this typical characteristic). Given the prospective shape of things to come suggested above, the S&P 500 likewise should display this in due course.



This matter of typical technical deterioration coinciding with 4th waves versus 2nd waves generally will be reflected across a broad spectrum of measures. Here we see the Volatility Index still some distance from manifesting this characteristic. So, chances are today's distress is bound to get uglier.

* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Sunday, April 14, 2013

Damn the Torpedoes!

I'm not sure what's eating the individual investor, but I just checked the weekly sentiment survey conducted by the American Association of Individual Investors and discovered something rather alarming...



Only 19% are bullish? And 55% are bearish? What's up with that? Are these American individual investors or Cypriot?

Nothing even remotely similar is revealed via other sentiment surveys. This from Baron's...



What gives? Are we possibly looking at money originating from European bank runs migrating to the U.S. to the effect of prospectively extending what is thought the market's last gasp leading up to its collapse?



We certainly find nothing terribly compelling in the market's technical backdrop suggesting a blow-off is in the making. Yet hopelessly insolvent weak hands thought dominating the U.S. stock market certainly have perfected the art of levitating garbage, while capital required to sustain the rotten core of a derivatives laden dung pile evidently is forthcoming from points both east and west, so, who knows, maybe the above Elliott wave view will prove correct, and finally see the individual investor more convincingly, and with greater conviction, come on board much nearer the moment the euro-zone invariably collapses.

One other thing got my attention following this week's rather unexpected rally...



Friday's very modest pullback generated a lot more put option buying than would seem logical ... unless, of course, the global casino's free money gush is proving enough to actually afford long position hedging.

Now, don't get me wrong. The individual investor really plays little if any part in the makings of either a bull or bear market. Yet regularly prove behind the curve in his or her short-term sentiment is rather common knowledge. Last July we saw bullish sentiment among individual investors reach the low 20s, while on a few occasions since it was in the upper 20s. This past week's 19.3% really is an eye-opener! It would appear there still remains room to run up the bid on garbage, then, and this, quite possibly, substantially no less. I'm not terribly pleased to report this, yet get in front of it we might better...

* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Friday, April 12, 2013

"No One Saw It Coming"

Well, with further cuts in NASA's budget forthcoming per the Shadow Greek Prime Minister's budget proposal submitted to Congress this week, evidently all hope of discovering benevolent life on Mars willing to backstop trapped and, all things remaining unchanged, hopelessly insolvent lenders of last resort burdening planet earth has been abandoned, thereby likely explaining today's terrible throttling of spot gold and silver markets. You see, with the path forward recently revealed in Cyprus clearly set to feature broad daylight theft of bank deposits, non-performing memorabilia of a bygone era when Venice on the Thames was something more substantial than an insolvent wreck precariously backed by the nuclear might of its renegade cousin simply has very little use in today's fantasy-filled world enamored with the trickery of well-dressed criminals masquerading as "leaders," particularly as precious metals neither can be eaten nor stand up to the task of somehow equitably backing a gigantic mountain of unpayable claims choking the global banking system—this, of course, being the consequence of the intentional demolition of Adam Smith's Leveraged Ponzi Scheme back in 2008.

Meanwhile Team [Fraud] players put their overpriced Ivy League education to "work" in the U.S. Congress with a deceitful brand of British black magic venturing to pave the way for pending bank deposit theft in the U.S. through legislation masking the crime behind their initiative seeking to break up the nation's "too big to fail" masters of zero due diligence. Just how a massive mountain of derivatives exposure these institutions shoulder might fare in such a downsizing leaving these liabilities suddenly naked—unbacked—is hardly a mystery when one considers the "resolution authority" already built into Dodd-Frank. Already a well-established fact is that no one, but no one, has any handle whatsoever on what is the banking system's derivatives exposure. Last year's JPM "London whale" debacle shed a lot of light on this dirty little secret. Conveniently enough, though, this unknown sets up well for the Jamie Dimon, "no one saw it coming" disease to spread like the plague in Congress once the feces hits the fan following passage of legislation to "break up" today's titans of tyranny, effectively turning them into more manageable conduits of deposit theft. Lord knows "contagion" infecting derivatives markets cannot be permitted, as this could precipitate a chain reaction collapse of the entire global banking system. So to prevent this will require Dodd-Frank's resolution authority and this is where bank deposit theft is likely to enter stage left. "No one saw it coming," criminal accomplices in Congress will sheepishly bellow like the lying lemmings they are paid to be. Just watch.

Now, why all of a sudden this drive to break up big money center bank holding companies in the U.S.? Before we answer this we should recall Count Draghi-ula last year claiming he will do "whatever it takes" to save the euro. A lot of people still cite this verbal line in the sand, naked any meaningful action, as reason behind the subsequent stabilization of the European banking system. Yet are we really to believe backing the Count's crazy bravado there exists credible substance paving the way for maintaining the trans-Atlantic banking system's status quo of the past few decades? One might think by the unanimity of agreement Draghi's "intervention" to "save" the euro in fact has "succeeded," that the Troika has some reasonable, workable scheme. Yet to such confused souls who believe in what otherwise is sheer fantasy we have a bridge to sell. It's in Cyprus.

Save the euro? No! Smash the euro-zone plainly is the plan. Team Fraud aims to create a climate of divisive political conflict and redraw the map of the European continent, fostering a new generation of vile troublemakers banging at resource-rich Russia's door. That's where Europe is heading. Every last financial policy initiative and political intrigue we have witnessed since 2008 points in this direction. Save the euro? Hardly! Rather consolidate the framework wherein the offshore derivatives casino run by Venice on the Thames still can flourish. That's what's being "saved" by Draghi and his crew of unrequited euro-fascists.

Today's accelerating movement to break up mega money center banks in the U.S. is driven by this same objective aiming to foster economic isolation and political disunity under the guise of "saving the system." Steep markdown of physical assets (including the human kind) sure to result from chaos cultivated in this break up could set up well for consolidating a supra-national banking dictatorship run out of major money centers of the trans-Atlantic. Likewise, but further prostrating before an imperial tyranny the constitutional republic that is the United States might better be regarded no trivial consequence of chaos about to go down. All the better would the London-New York Axis of Fraud be served were even another Civil War fostered amidst coming contraction and unimaginable destitution about to plague the United States, itself. The useful idiot masquerading as U.S. President we otherwise disdainfully call our Shadow Greek Prime Minister, Atillos, does his devious part psychologically conditioning the idiots who believe he's qualified for office, this by presenting himself the last unfreed slave in America: the whipping boy of imperial finance demanding budgets at every level of government be slashed. A U.S. president truly fit for office rather would be pushing a 1% Wall Street Sales Tax in an effort to ameliorate the U.S. federal government's acute revenue problem, this being at a sixty year low relative to the nation's GDP. Likewise, a Congress possessing even the slightest semblance of sensitivity toward the nation's unique role in world history as a bastion against imperial tyranny would be nationalizing the Federal Reserve, effectively turning it into a Hamiltonian national bank, while sending the U.S. banking system through its long overdue Glass-Steagall reorganization.

It's doubtful America's so-called political leaders perceive in the least how they are being played. The same might be said of Germany's political leaders, too. Certain useful cultural biases are being exploited in an inexorable push toward supra-national banking dictatorship directed from without—outside all venues offering credible political representation. Starting in 2008 was the most difficult phase of transition from sovereign supremacy to an undiscriminating, miserable slavery before an imperial thief initiated. As I have said before, 2008 was the beginning of sorrows, not their end. Now, the most upsetting, and seemingly irreversible phase in the transition is likely upon us. Cyprus might best be seen signaling this. A broad daylight heist of bank deposits certainly would seem entirely unnecessary, and indeed blatantly criminal, were not the trans-Atlantic banking system at the precipice of chaotic convulsion threatening its utter collapse. Meanwhile lemmings in Congress only confirm something entirely nasty—largely undiscerned—probably is afoot. There has been plenty of time since '08 to carefully downsize "too big to fail" titans of tyranny. Why now? My guess is this is how the Cyprus template is going to be applied in the U.S., and it will occur in a climate of sheer terror. That path of least resistance is tried and tested.

So, we should keep our eyes fixed on Spain and Italy. There is where political vacuums making for a "Lehman moment" have been well cultivated these past five years. From crisis failing effective containment capable of forestalling the spread of contagion that otherwise still threaten to further decimate confidence are conditions making for a stock market collapse taking out March '09 bottom like it wasn't even there set to most unexpectedly appear, and this at any moment. We might do well here to recall the evolution of lender of last resort response over the duration from the collapse of Bear Stearns in March 2008 to the bankruptcy of Lehman Brothers in September. A certain resignation adopted by government authorities and banking system regulators alike effectively had been instilled as a result of a rather contentious discourse that had developed over the interim. We have seen much the same contention in the divide between the ECB and the German Bundesbank over recent years. This, too, is making for a like response in resignation, now that the EMU's insolvency evidently can no longer be papered over to any lasting effect (this conclusion proceeding from what was done to tiny Cyprus, of course).

Those who today work on Wall Street might take a moment to think about their colleagues who once were employed by Bear Stearns or Lehman Brothers. They're not the last to be thrown on the human scrap heap on account of the trap lower Manhattan has been lured into by Venice on the Thames. The time for Americans to boldly assert their tradition has come. Mouthpieces of imperial Britain are better rejected. In other words, turn off the TV and radio, stop reading newspapers, and realize, if your internet is not challenging mainstream thinking and condemning it when this is deserved, then you're not on the internet.

There positively is no reason the business of business in the United States should not be booming. As I have said many times before, there is more work to be done than you can shake a stick at. Yet in the mainstream are only the echoes of those who call for contraction inviting destitution. It's time everyone face the fact the problem isn't government. Rather it's subversion running straight from the Ivy League right up to a president who just can't seem to shake the curse of slavery...


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!

Thursday, April 11, 2013

Contraction and Destitution Unbecoming a Bull Market

With the market's internal condition remaining terribly weak we probably are best advised to view this week's surprising advance as likely going a considerable distance toward completing a 5-wave advance off mid-November 2012 bottom...


NYSE Advance-Decline Differential 10-DMA vs. 200-DMA

We see above yet further physical substantiation of the adage, "Prices can fall of their own weight, but it takes buying to put them up." In fact since mid-November 2012 said "buying" is quite evident. Yet many other facets of it revealed by other technical measures we regularly review here rather exposes its contrived quality. Such underlying dynamics as normally making for a sustainable, bullish trend simply have been absent over the entire duration of the market's recovery off March 2009 bottom. We quite reasonably suppose, then, that the market's levitation is hanging by a thread spun purely of fantasy. The point we raised here again yesterday alludes to this fantasy's substance: if lenders of last resort have omnipotent power to prop up any old piece of garbage they wish, then why has this not always been their policy?

Let's face it. Garbage is garbage and eventually it will be thrown out of very necessity. And that is why propping it up has only recently become lender of last resort policy. Yet doing so nevertheless requires rationale. Indeed, we're being nice calling this "fantasy." Truth is it's criminal. Over its evolution, too, we are front row witness to an increasingly overt, criminal intention driving those who subscribe to the reasoning behind it. From Greece to Cyprus theft born of a criminal rationale is as plain as day to see: it is out in the open, while scarcely provoking a peep from a so-called "free press."

So, the market's suspect technical state evidently is born of acknowledgement that, circumstance not at all likely to go unchallenged alone sustains its levitation. Having increasingly moved now toward provoking even nuclear powers, this being utterly necessary to sustain the voracity of the backstop propping up garbage, we might go out on a limb and reasonably suspect the CIA, say, could be about to have its ass handed to it. At least that part in partnership with MI-6. Of course, some "one step back, two steps forward" event might circumvent the seemingly growing likelihood that, all things proceeding from Venice on the Thames soon could face grave challenge from opposing elements who see the writing on the wall in blood reading "slavery and death."

The point is "damned if they do, and damned if they don't" is vulnerability pervading most every institutional layer of today's status quo, the likes of which only the more plainly operate with overt criminal intent. Confrontation is being aggressively provoked rather than skillfully avoided. This insane directive is not the least conducive to growth and prosperity. Rather conditions forcing contraction and destitution are being fostered. This is a favorable backdrop to a rising market unlikely to be challenged? All too many think this, blithely ignoring reality staring them squarely in the face! They're dreaming! Such is life consumed in fantasy. Everywhere we look is contraction and destitution being institutionally imposed, and this right up to the very top here in the United States. Little wonder, then, the market's stuffing remains extraordinarily thin. There's probably little time left, too, before fantasy meets reality in an historic bloodbath sinking prices today levitating garbage in the stratosphere back down to earth (and for all too many beneath it in proper burial).


Word on the Street
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


There's an easy way to boost your investment discipline...

Get Real-Time Trade Notification!