So sorry to beat this dog to death, but the decline in [[SGG]] is plaguing me, like [[UUP]] terrorizes Jakegint in his dreams.
Folks, I fear a “blue blazer” event is in the balance. I know you have been making lots of coin, long stupidity. However, sometime soon, men with brains will reinsert your empty vessels back into the matrix—by way of putting the fear of God into your hearts.
Sugar is going down because “shit ain’t sweet no mo’.” And, on top of that, The PPT has seen the Overall Hybrid score top 3, for an unprecedented 5 times, over the last 3 weeks. These levels cannot be sustained, without a pullback. I put my word on it.
So, with my cash, I’m going long volatility, via [[VXX]] .
It’s time.
NOTE: Shout out to my boy Merlin, for calling the top yesterday.
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Grains not looking well either.. JJG has been down all year.
In simple terms what is the vxx and it”s purpose?
In the simplest terms, it measures the nervousness of people who buy futures contracts.
If the index is going up people are likely buying more insurance on their long positions, if down less.
Call it an uncertainty gauge on the future of the S&P 500 if that helps.
Isn’t that the VIX? VXX is a short term futures of the VIX and all it ever seems to do is go down.
I think Fly is secretly Jay-Z
I’ve had front month puts sold on the VIX since Friday. As long as this “homo-fied” tape continues, should make for a profitable opex.
reminds me of the great tulip bulb crash otherwise known as Tulip Mania back in 1636, I was just a wee lad back then…..
I was there last night, while cruising in the old time machine.
Did you get those wooden shoes I asked for?
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Go towards the light…the red light.
Bought HBAN! Check out chart
http://ibankcoin.com/henry_fool/2010/03/11/buy-10000-hban-438/
buy COT which might so well with lower sugar prices.
HSY should benefit the most from the decline in sugar and cocoa.
Merlin sees 5 tops per day. Pornoholic.
Fly,
How many high readings did PPT spit out off the July 2009 bottom? The rally looks very similar to that one.
All of the scores from July and 1 from August.
153 2009-08-03 2.73 3.42 3.03 (Buy) 14.37%
154 2009-07-31 2.13 3.42 2.68 (Sell) -1.67%
155 2009-07-30 2.30 3.42 2.78 (Sell) 11.05%
156 2009-07-29 1.89 3.42 2.55 (Sell) -4.30%
157 2009-07-28 2.16 3.42 2.70 (Sell) -7.40%
158 2009-07-27 2.60 3.42 2.95 (Sell) 1.67%
159 2009-07-24 2.59 3.42 2.95 (Sell) -4.91%
160 2009-07-23 2.93 3.42 3.14 (Buy) 14.62%
161 2009-07-22 2.32 3.43 2.80 (Sell) 5.03%
162 2009-07-21 2.18 3.43 2.71 (Sell) -7.57%
163 2009-07-20 2.66 3.39 2.97 (Sell) 2.08%
164 2009-07-17 2.60 3.39 2.94 (Sell) -5.81%
165 2009-07-16 2.97 3.39 3.15 (Buy) -6.38%
166 2009-07-15 3.36 3.40 3.38 (Buy) 13.48%
167 2009-07-14 2.76 3.40 3.04 (Buy) 7.80%
168 2009-07-13 2.46 3.40 2.87 (Sell) 21.50%
169 2009-07-10 1.63 3.40 2.39 (Sell) -3.95%
170 2009-07-09 1.83 3.40 2.51 (Sell) 15.92%
171 2009-07-08 1.26 3.40 2.18 (Sell) -1.84%
172 2009-07-07 1.35 3.40 2.23 (Sell) -1.72%
173 2009-07-06 1.44 3.40 2.28 (Sell) 2.13%
174 2009-07-02 1.38 3.40 2.25 (Sell) -17.32%
175 2009-07-01 2.32 3.39 2.78 (Sell) 8.46%
Giddy up VXX
DVAX starting to run
starting…. and ending very shortly… should be a nice little pop n drop
Pantsed again
Top?
_________
Guess what folding currency with the guy who discovered electricity and was into all the pithy aphorism’s fat head proudly displayed upon it is down again?
Hint: It’s the same logo as Franklin Investments.
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Jake lets get the V.King some “tabbed” blogger status and a little equity in IBC…c’mon call in some of your chips
You know I would make it so, were this not a Caeserian Dictatorship.
I’m a mere Senator, occassionally speaking for the people, but mostly watching out for the thin-bladed stilleto to the kidney.
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Give yourself more credit. Le Fly has only 2 pillars to this empire…You and Jeremey….You are our Champion…now slay some dragons
Climate bombshell: NASA and the media knew of temperature data issues nearly three years ago
Pajamas Media ^ | Wednesday March 10, 2010 | Charlie Martin
Posted on Thursday, March 11, 2010 10:42:55 AM by jpl
Email messages obtained by the Competitive Enterprise Institute via a Freedom of Information Act request reveal that the climate dataset of NASA’s Goddard Institute for Space Studies (GISS) was considered — by the top climate scientists within NASA itself — to be inferior to the data maintained by the University of East Anglia Climate Research Unit (CRU).
The NASA scientists also felt that NASA GISS data was inferior to the National Climate Data Center Global Historical Climate Network (NCDC GHCN) database.
These emails, obtained by Christopher Horner, also show that the NASA GISS dataset was not independent of CRU data.
Further, all of this information regarding the accuracy and independence of NASA GISS data was directly communicated to a reporter from USA Today in August 2007.
The reporter never published it.
—————————————
There are only four climate datasets available. All global warming study, such as the reports from the UN Intergovernmental Panel on Climate Change (IPCC), must be based on these four.
They are: the NASA GISS dataset, the NCDC GHCN dataset, the CRU dataset, and the Japan Meteorological Agency dataset.
Following Climategate, when it became known that raw temperature data for CRU’s “HADCRU3? climate dataset had been destroyed, Phil Jones, CRU’s former director, said the data loss was not important — because there were other independent climate datasets available.
But the emails reveal that at least three of the four datasets were not independent, that NASA GISS was not considered to be accurate, and that these quality issues were known to both top climate scientists and to the mainstream press.
In a response to reporter Doyle Rice of USA Today, Dr. Reto Ruedy — a senior scientist at NASA — recommended the following:
Continue using NCDC’s data for the U.S. means and Phil Jones’ [HADCRU3] data for the global means. …
We are basically a modeling group and were forced into rudimentary analysis of global observed data in the 70s and early 80s. …
Now we happily combine NCDC’s and Hadley Center data to … evaluate our model results.
This response was extended later the same day by Dr. James Hansen — the head of NASA GISS:
[For] example, we extrapolate station measurements as much as 1200 km. This allows us to include results for the full Arctic. In 2005 this turned out to be important, as the Arctic had a large positive temperature anomaly. We thus found 2005 to be the warmest year in the record, while the British did not and initially NOAA also did not. …
It should be noted that the different groups have cooperated in a very friendly way to try to understand different conclusions when they arise.
Two implications of these emails: The data to which Phil Jones referred to as “independent” was not — it was being “corrected” and reused among various climate science groups, and the independence of the results was no longer assured; and the NASA GISS data was of lower quality than Jones’ embattled CRU data.
The NCDC GHCN dataset mentioned in the Ruedy email has also been called into question by Joe D’Aleo and Anthony Watts. D’Aleo and Watts showed in a January 2010 report that changes in available measurement sites and the selection criteria involved in “homogenizing” the GHCN climate data raised serious questions about the usefulness of that dataset as well.
These three datasets — from NASA GISS, NCDC GHCN, and CRU — are the basis of essentially all climate study supporting anthropogenic global warming.
IOW — “garbage in, garbage out?”
Quelle shocqueur!
_______
You know, I”m just so much more relaxed now that I don’t think my roof will melt from the heat and I will have no food to eat because of the drought. It’s kind-of Dr. Strangelove-ian, but it works… The chapter on global warming in Superfreakonomics was a good read.
WTF? Trying to transform this place into reddit?
I think the refineries have stopped messing w. all that inedible petrol, and are now getting a boost in crack spreads via the declining price of refined sugar
WNR, back in yon saddle, and HOC looks good too.
_________
gonna take their money, gonna make it mine
gonna milk the honey, the sun is shining fine
gonna take the money, from right off this table
you see theres a golden stream, and yo I got a ladle
feelin good, uh, feelin fine
not thinkin bout these ragged nerves of mine
its a beautiful one, so carpe diem
off to spend a little life in this time that I won
“The PPT has seen the Overall Hybrid score top 3, for an unprecedented 5 times, over the last 3 weeks. These levels cannot be sustained, without a pullback. I put my word on it.”
It won’t be much of a pullback, and it will likely be the best buying opportunity of the entire year.
The illusion of a market rally must continue until the stupid money enters the market. Only when that happens will the market then collapse.
Agreeeeeuuuuuuuuuuuuuuuudddd, Monsieur Le Yeti!
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I think the problem is that a lot of people are looking for *something* to trigger the selling but there just isn’t anything happening.
Still own ENTR?
It’s gone MVIS on us.
_____
So, IPSU must be 100% hedged because there’s no reason for its stability in the face of sugar destruction. How boring…….
That freaking video should win the stupid arse MTV Spaceman Award for the next ten years.
No. No. Forget that, they should just declare the competition “fini” and pack that shit up.
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