Tuesday, May 24, 2011

The Razor's Edge (S&P 1300)

We are tip toeing along The Razor's Edge this week. It can be seen as the red line in my charts. If we break the S&P 1300 to the downside tomorrow, the damage could become severe. A close below 1290 should assure more downside.


The first two charts depict such a scenario. The last chart depicts a close above 1300.























Friday, May 13, 2011

Pondering Space and the Doppler Effect/Red Shift

I had some random thoughts about our Universe when I got home from work. Enjoy!

What if the Universe isn't expanding at an accelerating rate? What if our Galaxy is currently undergoing an ever increasing mass as our Galaxy is cannibilizing and consolidating another galaxy near it's edge. As the center of our galaxy grows in mass, the fabric of space-time becomes more and more disrupted. As this singularity grows in mass at an accelerated rate, the distance across the fabric of space-time appears to be growing at an accelerated rate as well.

Thus making everything outside our Galaxy look like it is moving further and further away from us.

Thus making every Galaxy that is consolidating look like it is moving further and further away from each other Galaxy.

Monday, May 2, 2011

Scheduled turn between 1360 and 1380

I have a scheduled turn between 1360 and 1380 in short time. Two of the ideas have remained unchanged for a month and one of those original ideas has been slightly modified.

Technical Analysis only please. I will post economic ideas later, including oil, gold, and SILVER.