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edgetraderplus

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  • Credit Suisse: Buy the Dips - The Bear Isn't Here Yet [View article]
    Right on, Buzzer. Things look pretty bullish, n'est-ce pas?
    Feb 5, 2010. 09:38 AM | 1 Like Like |Link to Comment
  • Credit Suisse: Buy the Dips - The Bear Isn't Here Yet [View article]
    Tuesday 2 February 2010

    Perhaps you just do not recognize bear signs.

    For the past four months, CS has closed at the low end of
    the month's range. This tells you that sellers are in control.
    If buyers were in control, the closes would be better.

    The daily chart shows lower highs and lower lows, once
    price failed at the $60 retest of the April 2007 highs, your
    classic sign of a declining market.

    Price has reached the $42.50 support area, from the
    May - July support trading range, last year. The speed
    of the decline for 2010 is telling you that sellers remain
    in control, potential reaction rallies notwithstanding.

    Cheers!
    Feb 2, 2010. 09:18 AM | Likes Like |Link to Comment
  • S & P - Waiting For A Weak Rally To Sell. Watch Developing Market Activity. [View instapost]
    Monday 1 Febraury 2010

    Yes. Volume can be very confusing and is an art read, not
    an absolute one. The High volume on Friday's close held
    the sell-off, as opposed to extending it even further, looking
    at an hourly chart.

    It became a mini selling climax, when viewed in the context
    that price has dropped from 1150 to sub-1070, virtually
    uncorrected. It would be a clue to take in shorts and
    tighten stops, but not a sign to go long.

    Cheers!
    Feb 1, 2010. 09:55 AM | Likes Like |Link to Comment
  • The Fed's Culture of Secrecy [View article]
    Thursday 7 January 2010

    Why the secrecy?!

    Because the Federal Reserve Act, passed on 23 December 1913,
    two days before Christmas, when custom was always that no
    legislation is passed between Thanksgiving and New Years,
    while most members of Congress were traveling home for the
    holidays, was borne of secrecy due to its insidious nature.

    The Act was passed when its two main opponents for blocking
    the Act were away from Washington and unable to vote.

    Who was the first Fed chariman? A German Jew brought
    into this country to run the banking system...the exact same
    system modeled after the Reich Bank.

    How many Americans even know or care about the roots of
    a foreign corporate banking cartel getting a hold of issuing
    US currency, initially, gradually replaced by Federal Reserve
    Notes, which are NOT Federal, there are NO reserves, and
    they are NOT notes?

    [FYI...Congress abolished the legislation that allowed
    Federal Reserve Notes to be legal tender. Why isn't THAT
    a known fact?!]

    The Fed pushed out specie-backed US currency, money of
    exchange, and replaced it with fiat, funny munny, called "money
    of account" because it is created by bookkeeping entries, now
    simply computer blips. [All of this information has been
    available in Fedreal Reserve Publications!!!]

    The Fed bankrupted the US back in 1933...what did you think
    the "bank holiday" was for?.

    The US lost representative government the day the Fed act
    was passed. The Fed has milked this country dry of all its
    gold and silver. Rothschilde is rolling over in his grave with
    fits of laughter, seeing what he created take over all
    governments... by controlling the currency.

    I doubt there is a single reader on this site that knows what a
    dollar is. The horse has left the barn. The ship has sailed.
    This country is toast. Cognitive dissonance keeps it alive.

    Why is the Fed so secretive? Because it controlls the
    strings from which all US politicians, including the president,
    dangle, at the Feds discretion.

    Move over Weimar and Zimbabwe. Make room for the US.

    This country was founded as a Republic, but everyone calls
    it a democracy, the worst known form of government. At
    least do a google search and learn the difference.

    The politiburo in Washington is in total control. Hitler passed
    a national health care program, just like the one being passed
    in this country. If people do not join, they will be subject to
    heavy fines. The politiburo is creating criminalization of its
    14th Amendment citizens...

    For too few people, knowing why the Fed is so secretive is
    not a mystery, at all.

    Do your own due deligence.
    Jan 7, 2010. 06:32 PM | 4 Likes Like |Link to Comment
  • Gold Investors: Stay Nervous [View article]
    Wednesday 23 December 2009

    Toby Shute:
    >My advice for Fools interested in retaining precious metals
    >exposure is to stick to proven, shareholder-friendly management
    >teams advancing top-shelf projects in pro-mining jurisdictions.
    >And stay nervous.

    Yep! Stick to them paper assests, whose value will eventually
    reflect the trillions of fiat that has yet to be flooded onto the market
    as banks clean up their "balance sheets."

    Avoid that silly yellow metal in favor on some management team.
    By the way, ownership of a goldmining company is not a proxy for
    owning the metal outright.

    The Fools, and count me as one, who prefer gold will also see its
    price reflect the trillions of fiat that has yet to be flooded onto the
    market. Only $2,000?

    By the way...an ounce of gold is always an ounce of gold. Answer
    this: Why does it continue to take more and more fiat to buy the
    same 1 oz? The price of gold is not going up. The "value" of the
    paper fiat keeps going down...and the party ain't close to being
    over.

    Cheers!
    Dec 23, 2009. 04:01 PM | 7 Likes Like |Link to Comment
  • The Gold Debate: Here's Why You Should Be Wary [View article]
    Wednesday 23 December 2009

    The story of somone who followed advice from a trucker radio has
    no bearing on the validity of gold, nor does it belong in an article
    that is supposedly offering factual information on gold.

    Rationalize as much as anyone so choses...gold, and silver to a
    lesser degree, have been recognized as the primary specie as a
    store of value, to this day. Why else would the Federal Reserve
    Act be passed on 23 December 1913, as an entree for foreign
    interests who own the Fed to bankrupt this country back in 1933,
    and proceed to take ALL the gold owned by the US. [Check out
    the facts behind this for any disbelievers].

    The price of gold is not going up so much as the "value" of the fiat
    Fed "dollar" keep going down, so it takes more of that fiat to
    purchase the SAME 1 ounce of gold. It helpsto maintain a factual
    perspective pertaining to the factual value of the and the imagined
    "value" of a fiat "currency."

    FWIW, the Federal Reserve Note is not legal currency. It is, in
    fact, a debt instrument, the opposite of money.

    Even the Federal Reserve admits the Federal Reserve Note,
    [FRN], is not a dollar. They just call it that in their deception over the Amercian public. There used to be a brand of snow sleds
    called Radio Flyer. The sled had no radio, and it did not fly. In the
    same vein of advertising, re FRN, they are NOT Federal, there are
    NO reserves,and for sure, they are NOT notes...not that most
    seem to care about those kinds of facts.

    If someone does not understand the historic value of gold, any
    story discrediting or questioning it will do.
    Dec 23, 2009. 03:45 PM | 6 Likes Like |Link to Comment
  • Cramer's Lightning Round - Amazon Is a Gift (12/18/09) [View article]
    Monday 21 December 2009

    Please, please, save all these ludicrous recommendations
    for review at the end of next Quarter.

    This guy is a clown....
    Dec 21, 2009. 12:02 PM | Likes Like |Link to Comment
  • Book Reviews: 'Fire Your Stock Analyst' and 'Far from Random' [View article]
    I could never understand why people continue to view
    TA as "alchemy," or "usless," [pick your own description.]

    A bit lengthy, but this commentary, using the British Pound,
    shows the total logic behind the art of "technical" analysis.

    bit.ly/4OVkAL
    Dec 21, 2009. 11:54 AM | Likes Like |Link to Comment
  • What's Moving the Dollar? [View article]
    Dollar as a reserve? Safety? Inflation behind us?

    The Weimarization of the US has not yet begun, but it
    will, inevitably. With the Fed's deforestation of trees to
    keep printing massive amounts of fiat, if there is any
    other possible conclusion to the mathematical impossibility
    of acuumulating federal debt, please make it known.

    Actually, the paper fiat is figurative as most "issue" is
    done via computer blips, mere entries out of nothing.
    Were anyone else doing what the Fed has been doing
    for decades, they would be arrested for counterfeiting.

    The fiat Fed "dollar" is imaginary, existing only in one's
    mind. There are NO "US Dollars!" None! They were
    removed from circulation by the Fed more than half a
    century ago.

    How sad people do not even understand what the
    country's own money was, [for it no longer is], and
    believe fiat Fed "dollars," in name only, are real
    money. They are debt instruments, plain and simple.
    Dec 21, 2009. 11:31 AM | Likes Like |Link to Comment
  • As Good as Gold [View article]
    Monday 21 December 2009

    From Mr Browne:
    >"But there is a very murky understanding as to why and
    > how these players affect prices, and what their ultimate
    > goal may be."

    Murkey?

    Central banks are doing what they can to suppress the
    price of gold to cover their "shell game," which has
    cracked beyond repair.

    The fiat will soon hit the fan.

    Keep a few things in mind about the Federal Reserve and
    the "Federal Reserve Notes:" [FRN]

    They are not Federal, there are no reserves, and they are
    not even notes! Nor, for the vast misinformed, are they
    even dollars. The Fed chose to call its fiat issue "dollars"
    in their ongoing massive deceit since 23 December 1913,
    [when the Federal Reserve Act was passed].

    A FRN is a debt instrument. Debt is the opposite of money.
    The fraud is quickly unraveling, and the article's conclusion
    is spot on: the rise in gold will be "meteoric."

    Cheers!
    Dec 21, 2009. 11:16 AM | Likes Like |Link to Comment
  • Uncle Sam (i.e ourselves) are buying people free golf carts [View instapost]
    Sunday 20 December 2009

    TraderMark response:
    >"but "their" money is diluting our money... blah blah. It's all the same stew of stink.

    ???

    Fiat Fed$ is not money, it is debt that the Fed chose
    to call "dollars." Imagine that! Debt, by the way, is
    the opposite of money.

    Years ago, there were Radio Flyer sleds kids used
    to use. There was no radio, and it did not fly...just
    effective advertising. Same with the private corporation,
    Federal Reserve.

    "Federal Reserve Notes"

    They are not Federal, there are no reserves, and they
    are not even notes.

    >"....our money...blah blah."

    Do you even know what "our" money is? It no longer
    circulates...not for decades. Ask 1,000 people, and
    I doubt one could give an accurate answer.
    Dec 20, 2009. 04:02 PM | Likes Like |Link to Comment
  • Fed Policy: See No Evil, Hear No Evil [View article]
    Bluff?

    Try fraud!
    Dec 16, 2009. 03:00 PM | Likes Like |Link to Comment
  • Uncle Sam (i.e ourselves) are buying people free golf carts [View instapost]
    Uncle Sam, aka corporate Federal government, is not "ourselves.' Any and all money "spent" has been on saving the debt-issuing institutions that support
    the debt-issuing Federal Reserve's fiat "dollar" through its deforestation
    efforts as it prints the worthless stuff.
    Dec 16, 2009. 02:55 PM | 2 Likes Like |Link to Comment
  • A SUPER LIGHT VOLUME DAY [View instapost]
    "Holiday volume" seems to have begun back in October. This market has
    not had a lot of "demand" volume, but even worse, no "supply" volume, the
    kind that takes out supports.

    Volume has picked up, relatively, over the past several trading days, more
    likely distribution going on as strong hands sell into weak hands.
    Dec 14, 2009. 03:29 PM | 1 Like Like |Link to Comment
  • Liquidity Pumps Still Set to 'Full Power' [View article]
    Always the voice of clarity within the muddled efforts of a
    banking system [world-wide] that has lost both its financial
    and moral compass, not that it ever had the latter.

    What you have captured has aptly described the markets,
    which I confront each day, from a technical perspective,
    knowing something is amiss. Your fundamental perspective
    fits perfectly with the schizoid behavior the markets have
    been exhibiting.

    Cheers!
    Dec 2, 2009. 09:16 AM | 1 Like Like |Link to Comment
COMMENTS STATS
61 Comments
70 Likes