aedens wrote:I asked that question today in public. Apparently media outlets have been trying to find anyone who has successfully signed up, and have failed to do so.
My guess is only those with a pre-existing condition are signing up.
When Obamacare was first announced one of my friends who needs two knee replacements and neck and back surgery as well as shoulder work due to professional skiing for 25 years said. "it will be great, I'll be able to get all this work finally done for free." She had no answer when I asked who was going to pay the bills. It was not worth explaining it.
October 04, 1974 Bear market low
October 19, 1987 Crash low
October 18, 2000 First major low after the all time high
October 18, 2013 Yesterday's all time high
"Mr. Cowan's 2013+ forecast listed 3 dates as critical in 2013, Mid-May, Mid-August, and October. The indices have made triple tops on these dates!"
The first 2 lows in 1974 and 1987 are well known, but many (including me) are probably unaware that a fairly signficant low occurred on October 18, 2000:
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Last edited by Higgenbotham on Sun Oct 20, 2013 3:21 pm, edited 3 times in total.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
There's one last cycle that points to the possibility that Friday or thereabouts could have been the end of the stock market bubble. It has to do with the "mirroring" effect that is seen between (downcrash) panic lows and the subsequent upcrash panic highs that occur at the tops of bubbles.
The first panic low occurred on October 10, 2008 and the low of the panic was March 6, 2009. I'll just call this 5 months less 4 days.
The first panic high occurred on May 22, 2013. 5 months less 4 days from that day is October 18, 2013.
The obvious question is: Did this work at the 2002/2003 bottom versus the 2007 top? It did to some degree but not as cleanly as the present case, provided the present case really turns out to work this cleanly.
I have a theory as to why these undershoots and overshoots are happening. For example, someone could ask why the stock market didn't bottom during the October 2008 panic as it normally would, say, in 1987. The answer to that might be that the Fed overstimulated in the period leading up to 2007, so it took an extra wave down to work all that off. Likewise, since the undershoot was so huge, the Fed had to overstimulate even more to get the market back up and that extreme dose of stimulation caused Cowan's May 21, 2013 target to be hit but then exceeded in some of the averages on the mirror 5 months later.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Multiple procedures and no consequences. As forwarded kuznet cycles as not to confuse the local tribal connotations of the silent war fish heads that are real. I have noted some venn diagram overlays as noted before composite overlays. Not going short today since discipline and conviction is another list item. No clue other than the animal spirits and the lack of civility on levels of self indulgances on the animal farm.
Last edited by aedens on Mon Oct 21, 2013 5:27 am, edited 1 time in total.
The mirroring diagrams broken down to the weekly level give a better view. Also shows the cascading nature of the undershoot and overshoots which began in 2006, versus the 2002/2003 bottoming process which was fairly stable.
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MIRRORING2.gif (44.77 KiB) Viewed 3599 times
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Raising cash from Juniors in relationship to WTI slide and the incessant analyst bashing and placing underbids.
Basically basket sorting and TA. I was 28% cash and also noted no slip in metals.
I will guess with out checking today's sells a three to one bias to sell into this. The junkies
are yellened into a ratt myopic lethargy we seen coming into this over pricing since life is at the margins.
Rotation appears to be leaking to the Dow 30.
Back testing some idea constructs for the upcoming it puts the lotion on market http://finance.yahoo.com/news/3-safe-et ... 07691.html
I will recheck some Wendsday program bids.
