Chinese UFO

A Chinese company develops a UFO that actually hovers at 50 mph.

Alien Footage In Colorado

New video footage of a live alien in Colorado.

Monkey See - Robot Do

Check out this article where a monkey is able to control a robot arm with it's brain. Huge expansion for paraplegics and prosthetic limbs. A small penny stock I used to follow is creating similar advances look at Cyberkinetics Neuro Systems (CYKN).

Skynet For Shizzle

Check this out! Straight out of a terminator movie, the air force is trying make a real life version of Skynet.

Technology and Loophole

Now I personally find smoking gross and distasteful, but I also find nanny-states to be ridiculous and unconstitutional. I understand smoking bans in public places but not private bars and clubs where people can choose to not be a patron. Anyway you put technology and a lawyer together and you can get around the smoking ban. Once again not publicly traded.

In The Almost Cool Segment

A very overpriced tripod by a none public company, which would have been great during the real estate boom.

Speaking of Ironman...

Check out this new exoskeleton being developed by Sarcos Inc (not publicly traded). The birth of a super-soldier?

Creative Accounting Keeps Inflation Under Control

No doubt you have heard us rant about the government not counting energy, food, and housing as inflation when they refer to "core" inflation. We all certainly know that the core part of our everyday lives certainly don't include energy, food or housing, right? (In case you aren't picking up on this, it is dripping with sarcasm.) Today's CPI report sees the largest rise in 18 years for food prices but energy has stayed the same when the Department of Labor readjusts for seasonal cycles. No doubt your paycheck is readjusted for seasonal cycles just like ours!

What a load of B.S.!

The True AMERICAN IDOLS!!!!

Here are America's True American Idols!!! ENJOY!!!!!




What can I say, it was a good laugh

Watching the Watchlist

Here we are in another week of trading and there is still money (latinum) to be made. I think there are a lot of stocks out there that are either on the verge of bouncing and starting on heading up or have already turned and marching forward to a new top. Use these stocks to start building your own watchlist and keep an eye on those break outs. Here are some stocks that that are at a resistance level and verge of a break out and possibly it will put the oo-mox back into your trading....

BBV - CNQR - DECK - DNR - DV - FLIR - GMCR - MPWR - MVL - OTEX - PSEM - SDA - STD - WRNC

I like MVL because they know how to make a great movies like Iron Man and also the Hulk this summer along with the merchandising that comes with it should be huge.

A good movie made from a comic book equals a lot of money. So keep an eye on it.

These are just a few of my favorite things. Have fun with them.

Bernanke Sees Improvement

Bernanke is seeing improvement in the financial institutions. I think we will see a few more reports like this over the summer as the Fed sets up to finally address the inflation issue. Due to the elections the Fed will be afraid they might be seen as trying to influence the outcome so they will hold off on interest rate hikes. If the "good news" comes earlier we may see hikes sooner and then a lull during the election. Be sure to watch Wednesday's CPI report.

This Says It All

These doesn't have anything to do with trading but they are hilarious, I mean really, how do you pass up a Monty Python reference.

Or a Stuart Smalley reference...

Enjoy!!!!

Citigroup Fire Sale!

Everything must go at Citigroup, well almost everything.

Cool Pen and Cool Technology

You may have seen this spotlighted on CNBC about the company called Lightscribe that has produced a smart pen. Basically, it is a very, very small and smart computer.


Even though this company isn't public yet, there are a lot of possibilities with this type of technology. Apparently, the owner of Lightscribe use to work for Leap Frog Fly division of the Leap Frog company (that company that your children know about even if you don't.) You write on the special paper and it is stored on the internal hard drive plus much much more. You can read about it here.

Cornerstone Growth

Using similar criteria to Wall Street legend William O'Shaugnessy's Cornerstone Growth Fund I look for undervalued stocks in strong industry groups showing long-term relative strength. Check them out:
CALM - Uptrend with momentum, 10.5% dividend yield
AKS - Support bounce off a 30-day moving average
KOP - Pennant flag break out, 1.86% dividend yield
CQB - Support bounce off a 30-day moving average
FLR - Support bounce off a 30-day moving average beware of $170 as resistance but allow room for a break
ACU - Retesting an ascending triangle
BG - Support bounce
WMT - Pulling back look for a bounce or bull flag, 1.64% dividend yield
NM - Broke resistance w/ volume, 3% dividend yield
GSI - Awesome fundamental stock, Bull flag for a target of $13.50 in the short-term but don't be afraid to let it run
MEA - Forming a bull flag as it is retesting a major resistance break from last month
MAN - Last 6-months has been consolidating and reversing now making a higher low

Spider Surveillance

Another awesome Star Trek type technology will soon be available to for Military purposes. Check out the new Spider Surveillance tool. This new technology is being developed by a small over-the-counter company by the name of BAE Systems (BAESY.PK). The long-term trend is up but the stock is currently consolidating in a sideways trend, fundamental data is sparse.

Buffett's Credit Crisis Insight

Is Al Gore also the inventor of Green Investing?

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You all remember that Al Gore invented the internet, don't you? Well, now Al Gore is getting into green investing with a huge fund called "Climate Solutions Fund." The fund and investment vehicle, which has been headed up by Al Gore has raised about $683 million to fund "early-stage environmental companies" and leverage its capital toward the green movement. Can you imagine what kind of influence it could start having on companies to go green or greener? This fund will be the biggest "green fund" in the investment market.

So, he couldn't be president. I think he is very happy with that now. He probably will be able to have more influence and make a hell-of-a-lot more money being GREEN!

Are Biofuels the Problem?

Energy prices are going through the roof and as I wrote the other day that prices may go to $10 a gallon, the emphasis has been on alternate energy solutions. This has created opportunities for alternate energy companies to cash in on the hype and demand. Biofuels have filled this new demand and has also created a growing (no pun intended) problem. Since biofuels is grown on farms and creates ethanol, this has caused a problem on the world food supply. Recently, US Secretary of State Condoleezza Rice spoke on the increasing world food prices.

Since the all the rules of acquisition are all about profits and gaining as much as possible, can you fault farmers in taking the initiative to gain as much of it as possible? Here are some biofuel stocks that I am looking at currently and really see if some profits can be made.
ADM
BG
BP
CAG
CVX
MON
PEIX
RDS.B

One little wrinkle in the whole genetically modified seeds that is the largest component of ethanol, is that the UN has created a task force on world food prices. This may cause a problem with the worlds largest genetically modifying engineering of biofuels company, ADM. They have already halted construction of 2 plants for creating biofuels.

What do you? You want to help the environment but do not want to pay the price? It is cause and effect theory.

Can you afford $10 a gallon????

What is your personal threshold of pain at the pump? A recent article states that we could see $200 a barrel and consumers will see $10 a gallon of gas at the pumps because of increases in the oil prices. OPEC says it is due to the lower dollar price. What do you think? I would like to think that there would be some major drilling in Alaska or other places in the nation before that happens. Here is an idea, you can use your tax stimulus check from the government to pay for your gas fill ups!

Renewable energy legislation will be pushed through and stocks like FSLR. So, start putting in those solar panels now or buying carbon offset!!!

Gene Therapy gives Sight

I don't think Genentech (DNA) was involved in this fellow getting his sight back but they are the first that come to mind when reading the article.

Worldwide Water Woes

Clean water it is becoming even more difficult to obtain throughout the world due to growing population and poor stewardship of current resources. Read through this long, long, article and see if you don't want to purchase the Water Resource exchange-traded fund (PHO). Maybe I will become a moisture farmer like those on Tatooine.

Robotics Improving Heart Surgury

Check out this article it really sounds like something right out of Star Trek. I was trying to track down the company who manufactures the robotics but no luck so far. Here are a few penny stocks it could be but neither of them are very impressive right now: Cell Robotics International Inc. (CRII), Apogee Robotics, Inc. (APRB), and Innova Robotics & Automa (INRA). Please comment if you know the maker.

SWEET! Oomox Trader found the right stock it is Intuitive Surgical ISRG.

Nuclear Power the ONLY Real Alternative

In light of the food shortages caused in part by alternative foods, nuclear power is becoming the only real feasible alternative energy source. Currently wind and solar can't create the capacity needed, once again bringing us back to Nuclear Energy. Even the founder of Greenpeace believes it's time to assimilate it as an alternative. The exchange-traded fund for Nuclear Power is NLR, which gives you a way to profit.

Numerous States Already Feeling Recession

The AP is reporting 23 states are struggling with lower tax revenues due to the recession.

ETF Watchlist

If you are looking for diversification here are some ETFs that I like.
Basic Materials XLB - Broke out last week and is retesting
Consumer Staples XLP - Still trending sideways but is showing relative strength, historically a very strong industry group during a recession
Energy XLE - Broke resistance about a month back and is finally pulling back some, buy on the bounce
Utilities XLU - Low interest rates drives investors to the markets looking for high dividend yields

Are they Vulcan ships?

I don't know if they are Vulcan ships or night but some very interesting lights have been seen in the Phoenix night sky recently. Here a more pictures and a video. It might be easily explained away as sky laterns from a wedding yet more of the same were found in Florida.

Food Shortage Hits Home

The world wide food shortage is hitting the San Fransisco treat.

Good Earnings or a Sham?

80% of companies have met or beaten earnings estimates so far this quarter. Before we get too excited about this number let's remember that most of these are readjusted earnings. It's like setting a goal to lose 20 lbs and months later you are celebrating the fact you only put on 5. We are not out of the woods yet and the Fed needs to still address the inflation issue.

Consulting: If you can't be part of the solution, there is good money in prolonging the problem.

The business services industry group has been performing well because of the economy. Many of these companies specialize in helping companies become more efficient and profitable. A bad economy is good news for many of these firms as they will be called upon for consulting insights and help. Others simply serve businesses in the day-to-day functions and were outperforming the markets in 2001 and 2002. All of them are uptrending or within a basing pattern.

ADP - Automatic Data Processing
ERES - Eresearch Tech
FCN - FTI Consulting
GPN - Global Payments
HEW - Hewitt Associates Inc
HIL - Hill International
IBM - International Business Machines
IT - Gartner Inc.
MA - Mastercard
MAN - Manpower
MCHX - Marchex Inc
NCI - Navigant Consulting
PAYX - Paychex Inc
PRAA - Portfolio Recovery Accociates
VVI - Viad Corp
WW - Watson Wyatt Worldwide
WXS - Wright Express Corp

Hedge your Shopping List

Assuming you're not one of those people who work for the Fed who believe that food and energy don't count as inflation, you have probably noticed the rise in food costs. The world is seeing inflation from a rise in demand for human consumption and energy alternatives. You can actually profit from this phenomenon by investing the DBA Agricultural exchange traded commodity fund.

Value and Dividend Watchlist

This is a list of stocks I like that are fundamentally strong, low valuations, great dividend income, and are uptrending or within a basing pattern.

Symbol - PE Ratio - Div Yield

AZN - 11 - 6.79%

TOT - 8.5 - 4.00%

BDK - 8.5 - 2.54%

COP - 11 - 2.36%

TCK - 12 - 2.19%

MT - 11 - 1.80%

SAFM - 9 - 1.44%

Oo-mox Watchlist

As an investor, I would consider myself more as a currency trader but I also trade in the equities market. Trends and pattern breakouts is what I look for in the markets and they are all over the place. As you get better and with practice, you will start seeing them in your sleep. (Yeah h0ney, I swear I don't see a double bottom when you where that dress....)

My current watch list is made up of several different stocks and some currencies. I am looking at mostly with a technical analysis view on each position. As time goes on, I will follow these stocks and bring some more and take some away. Tell me what your thoughts are going forward.

URBN

The first is Urban Outfitters Inc. (URBN). Currently, URBN is bouncing off of a long term channel and has a 5 point move possibility. There is also a long term resistance at $33 and if it breaks, then we could see the stock breaking and hitting $37. I will definitely be watching this stock.

AGU















My next stock that I am watching is AGRUM Inc (AGU). I love this type of set up because it is setting up to be a ascending triangle. If this pans out and breaks the tested resistance of $75, we could see a $20 move from the break of $75 area. It may test the resistance again and break down to the diagonal support and then break. We will see, wont we!!!

EUR/USD
















Now, I thin the best one yet because our good old greenback is not doing so well and may have some breaking down still in its future, at lest into summer. Therefore, I think this pair will run through 1.5900. This pair is setting up a nice ascending triangle and with a potential 600 pip move before it gets too extended. With the financial s companies still looking for handouts from the government and lending to retail clients dried up like a tight sphincter, and still more write offs still not taken, we will see some more weakness in the dollar. Watch this one carefully.

Liquidity Translation

The Fed continues to open up liquidity through the Fed window and lower interest rates but what has it done for the banks? The banks are able to work their day to day functions but they haven't opened up their own lending windows.

The Cure for High Oil Prices

Can more regulation and more taxes somehow bring down oil prices? What in the heck are they thinking in Washington. Commodities and stocks work in long-term 18 year cycles. That is what happened in the 1900s, 1930s, 1970s, and today. It isn't government conspiracy or Bush and his big oil friends who want to drill in Anwar it is demand from China and India coupled with a weak dollar. This is the price we pay when 3rd world countries progress and our Monetary policy makers lack backbone. Rejoice in the wealth being built in these countries and realize eventually, supply will meet demand through new wells, efficiency gains, and alternatives. It is not an over night fix so be ready to endure high inflation for quite some time. There are plenty of ways to profit from this commodity boom so become educated. Read the not so well written but sufficient book "Hot Commodities" by investing legend Jim Rogers!

Interesting side note, the week of Black Thursday just before the Great Depression, congress was holding hearings on how to tax the railroads for their "windfall profits". You gotta love government. I bet if you looked back in 1999 when oil was trading around $11 a barrel congress was looking for a way to subsidize the oil companies to keep them afloat. Sometimes you get the bull like these oil guys are now, sometimes you get the horn like they did in 1999 and couldn't stay in business.

No Foolin I'm Bullish

Despite all my rantings on the economy and how I think the government is making things worse I am bullish for April. Seasonally speaking the market cycle is bullish this month. Last months break down in commodities on the DBA and the DBC along with weakness in Gold (GLD) and Oil (USO) tell me there is a window of relief from out of control commodity bulls. Even though Australia didn't cut rates last night we are seeing the dollar strengthen against most all other currencies, FXA, FXC, FXE, etc. Dollar strength tends to lead the stock market.

Don't get get me wrong, I am long-term bearish still. I think we will see the CNBC and BTV start marking the end of the credit crisis, calling Bernanke a hero, but the rally will be a sucker's rally. We have another $300 billion in losses coming for our countries financial institutions, we will see interest rate hikes later in the year when the Fed is forced to address inflation, and the rest of the world is now feeling out financial pain. Play the bullishiness while it last but use stops and position sizing!

The Road to end Free Markets

Congress is tripping over themselves to give the Fed more power to tinker with the economy. The so-called free market and financially smart Republicans have turned there back on the Milton Friedman's lassiez-faire economic policies that so many claim to hold to. The Democrats are in line to play a little one-up-manship to take the regulation as far as they possibly can.

Why can't we accept recessions as a normal part of life, as a healthy shake out, as way the invisible hand disciplines the ignorant the greedy. Congress reminds me of the parent who won't allow a child to feel the weight of the consequences of their choices and then can't figure out why the child is such a loser when faced with life on his/her own.

Nuts and Bolts of It

Look at the Inverse Head & Shoulders pattern on Fastenal Co. (FAST). According to the pattern it should move up to $55 in the next 5 months. Terrific volume confirmation with the MACD lows moving higher gives great confidence in this trade.

The "NEW" Retirement Plan

Here is an article on the new, up and coming whiz kids that will be changing the face of the internet and technology. I think you can use this information to start breeding your next new whiz kid and set yourself up for life and your retirement. Just think, if you have 2 to 4 kids, you could have a wealth of money by the time they are of age. There is another article that says you can teach your kids to be a millionaire and be rich. Think about, who better to exploit than your own flesh and blood.

Fed Speculation

The market is rallying this morning in anticipation of the Fed announcement. This kind of excitement tells me anything less than a full point will disappoint and probably lead to a sell off. Of course another interest rate cut in front of today's inflation news seems foolish to me. It supposedly takes 6 months for a cut to take affect. Cutting rates won't make banks lend money. Cutting rates won't raise consumer confidence. I sure miss Reagan's strong dollar policy that fed the markets through 1980-90s creating one of the largest bull markets the country has ever seen.

JPMorgan Calls in Bears' Note

Last week the Fed created a new program allowing large banks to provide liquidity to other financial institutions. JPMorgan (JPM) then took Fed money and loaned it to Bear Stearns (BSC) for the outlined 28 days. JPM decided to just go ahead and buy out Bear Stearns over the weekend in a very interesting move. JPM has certainly been harmed by the credit crisis too but, the diversity of product and overall size puts them in a position to expand.

Fed's Sunday Surprise

The Fed cut the discount rate today instead of waiting all the way to Tuesday when they will most likely cut the overnight rate another half a point. Finally some are saying enough is enough. That's what we were saying at the end of last year when the Euro was only 1.25 of the dollar.

What will change the world first, Communciation or Transportation.

Last month we saw the man who changed the world, Mr. Bill Gates, predict the end of the keyboard. Now he is forecasting large leaps in future technology along the same lines in voice recognition and touch screens. These are very exciting but they won't change the world like we have seen in the past. In fact, with today's commodity markets the advances that will change the world will be those that find greater efficiencies in fuel or fuel alternative. Looking throughout history those inventions that improve the way products are moved to trade and sell effect commerce the most. Taming of animals, the wheel, animal drawn wagons, boats, rail roads, steam engines, cars, trucks, airplanes, jets, speed train, etc. I would be looking f0r a company more like Orbital Sciences Corp. (ORB) to change the world this next time around versus Microsoft (MSFT). I'm interested in some discussion and debate, please feel free to comment.

Geordi Goggles

NASA has been working on JORDY glasses for some time, now Japanese scientist have now developed another set of glasses for the memory impaired.

EURO GONE WILD

Not to be mistaken or associated with the all to well known similar oo-mox title with "wild" in its heading (guys, you all know what that is about from those late night info-mercials), the euro has now hit the target on a ascending triangle formation (as seen below.) It has run and made a 700 pip move and what a move it was.

Now that it has made the predicted move I am starting to see a possible pull back down to a support level. I am not sure if it will pull back to 1.4900 or 1.5000, but it may pull back to a 1.5200 if it does. Currently, anything trading against the dollar seems to be the best bet to trade and may be the case for a while to come. It is hard to see this because I think the Fed and the administration wants the dollar to stay down. I like to think there is a method to their madness but for now, my ferengi oo-mox is trading against the dollar for now.

~G

I thought Gore invented the Web?

Maybe Al Gore didn't invent the web, but I'm pretty sure he invented Global Warming. Well, no one really knows, the real inventor has been lost forever. Check out the new technology that might make Google obsolete according to Tim Berners-Lee the so called "real inventor" of the internet.

Recession Double Talk

Currently we see financial mavens claiming a recession won't occur, will occur, we are already in a recession, etc. Last week the President spoke concerning the economy prophesying a recession won't happen. He may be correct not because the economy will return to gang-buster growth, but because of the definition of a recession.

A recession is defined by two consecutive terms of lower growth. If we see GDP at 5% than 4% than 3% we would say we're in a recession. What if we are at 5% than 3 % then up to 3.5% back down to 2.9%, is that a recession? According to the strict definition of a recession the answer is no. Now, what if we are at 5%, then 2%, and then grow to 2.01%, 2.02%, 2.03% and so on. Technically it isn't a recession but the economy sucks royal!!

If we had a real leader, and believe me no one on either side of the aisle fits this bill, they would warn people of economic slow down and preparation instead of the Recession Double Talk we are getting now.

****Spitzer Alert****

This just in!!! A new picture has surfaced on Spitzer!! See for yourself. I think it looks real. Don't you???


You Be The Judge!!

Innocent till proven guilty but he may get a piece of his own medicine. Payback is a @#$%&! But you really can fault a guy in getting his oo-mox on, right???

CLIENT Number 9

If you have been under a rock today or haven't been able to read the news headlines today, you have missed the next new episode of Law and Order. You really can't make up this stuff some times and people really don't think things through no matter how smart they are.

Governor Elliot Spitzer of New York City is on the verge of resigning today because he was caught in a prostitution ring sting. He just talked with reporters about how he needs to work on and focus on gaining his families respect and trust back. Well, that may be difficult since he was such a "defender of truth" in his prosecution days.

Many on Wall Street, you can hear cheering and possibly chanting "ding dong the witch is dead!" I think he will need to resign his post as governor of NY in his 345th day of governorship.

Spitzer and the Witch from Wizard of Oz (Don't they seem similar?)

How can he think that he could get away with it being in a club called the Emperors club that sets up these prostitutes for high net worth clients. Also, on one of the busiest days of the year when individuals cheat on their spouse and government monitoring of this day for those cheats, February 13th (day before valentines day), you would think that this guy would know better. I guess that is why some in New York got the feeling that he had the "god" complex or untouchable air about him. I don't know him but this isn't good and must go down in a idiot-in-charge stupidity.

Again, there must be someway to make something off of this event. That is just how good Ferengi's think. I know others will. It is too bad but I think that all those that have been wronged by this guy, should have some fun and reprocussion on. All is fair in love and money!!! Have fun you Wall Street guys!!!!!!! Law and Order writers, you have an easy script here. Have some fun with it too.

My EUR/USD Trade

Ok, so the Dollar keeps on getting hammered and the Euro just keeps on going up higher and higher. As you know, I have been bullish the Euro for a little while and have been doing well since 1.4600 on the pair. I was bearish for a short while but ended up going long again and set up a limit sell order at 1.5450 if the pair just shot up. Well, it shot up and I got out of my position at 1.5450 because of my order I had set up on it. I am a happy camper with all my latnium.

Going forward, I still see some bullishness around it as the dollar still weakens. There is talk now of the Fed possibly having an emergency cut because of the markets. I can't see it helping much and only postponing the inevitable. I definitely think that we are in a recession and even though we are no where like the 1920s, it still is a for of recession. In a article that is from 2006 on when recessions may have happened in the past, goes to show that we may be in a small one right now. This article goes into some good information on the make up of these recessions.

Now, my Ferengi side tells me that there is money(latnium) to be made in this time of crises. And that is what I am doing. I just have to be against the dollar till there is something that convinces me that it is turning around. Who know, maybe the dollar will become the new currency carry trade. Remember, making and getting latnium is the" true" oo-mox experience!!!!

We Need Food Synthesizers

The time is fast approaching where food synthesizers are needed badly. Look at this article on the soaring cost of food. The beauty of capitalism is that times like these prompt invention and innovation, especially when the need is so high. Of course there is always some profit to be made just look at the Powershares Agriculture (DBA) ETF index. Be warned, and I shouldn't tell you this because the Ferengi are not responsible for other peoples' ignorance and stupidity, but the seasonal cycles for grain tops out in what is called the February Break. Since the index rallied through February, we are long overdue.

Diana Shipping Inc. (DSX)

Diana Shipping Inc (DSX)


So, Bajoran Profit has been busy lately being a producer of some sorts and so asked me to post this information on Diana Shipping Inc. I am sure that he will be writing more on this position later.

DSX currently has a peg ratio at .74 and a dividend yield over 8% and has recently bounced off a good support level. There could be a return to a $32.50 level and then on up even higher. These are my thoughts but Bajoran Profit can speak for himself.

As for me, I am going to get some more latinum and have a party with my last trade on the Euro. Nice run and still running. The pullback never emerged but that is ok, I am still bullish. I see it going to 1.5450 at this rate. With the large ascending triangle that it made, this 500 pip move is possible. I am keeping my stops semi tight on the way up just in case some econo-nerd from the fed or government says something to pull it back. We will see.
- oo-mox

Hostile take over of Germany

Now is the time to invade and take over Germany! We could all be driving BMWs and Volkswagens before the week is out.

My Euro Trade

Like most Ferengi's, their passion usually revolves around 2 things: Latinum and oo-mox. Since we don't trade latinum here on earth yet, and we call OO-MOX something else, my passions are not so dissimilar. As you know (all 1 reader out there) that I am passionate about currency trading.

Here is a trade that I recently did on the EUR/USD. I actually told several people to play the bounce off of a strong diagonal support level. There has been a strong resistance level at 1.4900 since November. The Euro has tested this level three times and also creating higher bottoms three times. On the last support level bottom that it created on 2/07/08, was a great entry play to the resistance level again. A move from 1.4500 to the resistance was the play to make. Who doesn't want to make 400 pips? I set my target at 1.4950 and got out yesterday with a 450 pip profit. Not bad for a very good predictive play.

Recent trade on the EUR/USD

Now the pair has broken this strong resistance level and is continuing up another 200 pips to a very overbought area. I expect a pull back now to the new support of 1.4900 and then a bounce back up to 1.51 to even higher levels. I really can see a move to 1.60 now a higher possibility over the next year. I guess a wait and see on that one. But an new entry at a bounce of 1.490 may be a good bounce.


New trades on the EUR/USD - one short reversal trade

For a short trade from these highs to 1.4900 may be a good quick short term play because of overbought area on the position. It may be good but be careful and have fun if you do. Watch your risk and don't over leverage.

We may see some wild things happening but I am in a short trade already to the support area. We will see how it goes.

Computer, Where's My Keyboard?

Could keyboards become a thing of the past? Microsoft (MSFT) thinks so. Sync for cars was just a step toward a Star Trek future now look at this new article concerning the keyboard.

Here Here!

While were certainly not here to make political statements I can't help but appreciate the terrific observation made by this fellow blogger, check it out.

More Doom and Gloom

I found this article to be very insightful as far as a Doomsday scenario. Remember it doesn't have to be all issues occurring at once but just a few of them back to back, to make life really difficult.

End of the Internet

So, we haven't posted for a while because we have been surfing the net so much and so long that this day would come along. Let me explain. I was surfing around the net last night and got a message that I had found the end of the internet. I guess I have finally found the end and have to start all over again. Now I have to decide on if I really want to start all over again or just go do something else? If you are like me, I don't think I can stay away too long. I am witing in the blog aren't I????

Do you have a Fed Hangover yet?

It is a new year and many investors are wondering what in this world is going on. Today, all eyes are on the Federal Reserve and if they are going to cut rates a second time within two weeks. You have to wonder if the Feds know what they are doing and why didn't they do it earlier? Remember Rule number 19 (Satisfaction is not guaranteed) and that is what the Fed promises. Here is an article that Bajora Profit found on the economic ills and the Fed solution.

I guess it is wait and see for now and oo-mox till we know later on tomorrow from our Fed friends.

Clear Message from Universal Translators

Reed Elsevier Plc (RUK)

Big money movers seem to be sending a message on Reed Elsevier Plc (RUK) the last two days, while much higher than normal volume has appeared. Breaking up to new all time highs a window has opened as the stock gapped higher. While this stock specializes in many different areas of information technology and retrieval one that is most interesting to the Ferengi is that work it has done in the are of Machine Translation as a partner in the Babylon translation technology. One caveat I must highlight is before our recent volume in the stock it was only trading about 50,000 shares a day. I will usually pass up a stock with such little liquidity, especially, since I rely on stop losses so much. It is to easy for a stock to be manipulated by big money and market makers.

BTW as a rugby fan how can I pass up a stock with a ticker symbol of RUK?

Autopilot

Like something right out of Star Trek, okay not really Star Trek but more like Time Cop or Demolition Man, cars that may drive themselves. Looking at GM stock it might take ten years to care but the concept is cool.