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  1. Kens…teach your people to stay out of the water when they’re drunk…..

    Moscow Sets Heat Record as Drownings Rise, Bogs Burn
    July 26 (Bloomberg) — Muscovites sweltered as the temperature soared to a record 37.4 degrees Celsius (99.3 Fahrenheit), and the number of Russians who drowned trying to beat the heat reached about 2,000.

    Unusually high temperatures have contributed to record deaths by drowning across Russia, which increased by 688 in the past three weeks, Rossiiskaya Gazeta reported on July 23, citing Emergency Situations Ministry data. Most of those who drowned were intoxicated, the government’s newspaper of record said.

  2. I’d guess it was a tick – but you don’t exatcly seem the hiking/camping type. So perhaps it was a bedbug eurghhhhh

    In other news, I just don’t want to see people have to leave their homes, rented or mortgaged. I’m just a softee thats the problem.

  3. From December 2009 into April 2010, MZM
    money supply saw the worst contraction
    on a 13-week rate of change annualized
    basis since the 1980s. YoY growth for MZM
    reached -9.29% on 19 April 2010,
    exceeding the prior lows from May 1988
    and May 1994 of -6.87% and -6.47%,
    respectively.
    As of 12 July 2010, YoY growth rate on an
    annualized 13-week rate of change basis
    was 3.5%. This improvement from the
    April lows is supporting a near-term rally
    in stocks.

    I posted this observation a few weeks ago. Since then, MZM growth has further accelerated.

  4. We are in the middle of a low volume test of many indices 200 day moving averages. These levels should be where we run into some resistance but for the moment we are trading above the 200 day averages for the S&P 500 futures, DOW Industrials, NASDAQ 100 etc. We are also trading above the 200-day average for Copper. It is strictly the close that matters but this is a significant test. If you are a non-believer in this rally this is the point where you should be willing to take some profits.

  5. BHO, you’ll never learn will you. The reason you missed the runup in the stock market is because you didn’t look at the rate of change.

    Year Over year

    1/09 -19.0 % THE LOW
    2/09 -18.67
    3/09 -18.66
    4/09 -18.07
    5/09 -16.98
    6/09 -15.23
    7/09 -13.23
    8/09 -11.24
    9/09 -9.27
    10/09 -7.34
    11/09 -5.39
    12/09 -3.08

    1/10 -0.70
    2/10 +0.66
    3/10 +2.35
    4/10 +3.81

    Do you get it now????? This is very basic statistical analysis.

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