Pailin's Trading Corner

Squiggle and colour away to your heart's content JoeKa, keep that flow going.

Good to hear from you Kitty.

This degenerate just bought some back at 1608/28.90 - range trade till proven otherwise for now.  Liking the increasing amplitude as it makes tops and bottoms easier to spot.

Shut down time for me.

Whoops. Did the euro just break an important support line?

It's in clear 1.28 territory and thinking about breaching 1.27.  Any thoughts about the range moving lower to the 1.22 range in the first quarter?

Edited:  It did breach 1.27... the last time was Sept 13, 2010 and Silver was 19.90.  I guess it's good that we are still in the high 20's.

As predictable as the sun rising, equities down today, possibly getting ready for turnaround Friday.  Silver will not exceed 27.12 till closing today.... I'll report my ideas when I think I know what the fuck I'm talking about.

these Algos can fuck their Robot  Mothers. We nail it every week. They always sell on Thursday and they always buy on Tuesday. Fuck Them. What is the mystery in this?

Now continuing...Bankster fucks and Robots sell into strength, always. If I don't sell into strength I have no capital to buy into weakness and if I buy into strength I become a MARK. I am spotted and targeted.

Read the article on insider trading Algos over on Max Keiser yesterday. One gets an idea of the landscape. Of course I disagree with the article because frankly programmed insider coding and trading has been going on for 10 years now imo.

But I am beginning to believe that we are entering a very unpleasant time in this world on both economic and geopolitical levels right now.  I expect the next 5-10 months to be unpleasant on a world scale.  I think that the key here is surviving (economically) what approaches much more than profiting off it.  But that's me, and my own philosophies and theories may not apply to others here.  Obviously.  

I don't expect the metals to recover here significantly, not for months.  I think that we are entering what will be a series of "bad" events, none of which will help the stocks or the metals much.  Good luck to all either way.  Gold clearly is more suited to messiness than silver is, but I am all in silver and will weather the storm....even if it takes years instead of months.     

reading Stu this morning. He can be prescient. He sees a bigger picture. He believes we are in a theme this year of 'gold revaluation' by the Bankster Fockers. That they will peddle the meme in the media of 'inflating for growth', they will money print in order to buy Gold.  They began their buy programs for Gold, the central banks, last year remember.? Now they will step that up.

I can't say that I understand his writing and know from which orifice he pulls this material out of. But at least he attempts to make some sense out of where things could be moving in the future out at least a year and why.

One thing we can all agree on. The Banksters are Fockers and they have gutted this country and spawned armies of droid robots and killer algos to seek us out with orders to terminate. As I have discussed with Kitty, the only way to avoid extinction is to simulate their appearance. One must while trading dress like the Borg. Purchase the vinyl suit complete with plastic tubing and plastic laser blaster. This way the Borg will not identify you, he will not see you. One must trade as they trade and one must avoid quite often trading as the textbooks which are published by Borg Houses. How many Borg textbooks has anyone read of late encouraging them to buy breakdowns, trendline and horizontal breaks, bad weekly closings etc.?

basis the RUT R2K russell 2000;

out of the past 12 thursdays,

8 have been up and 4 have been down.

of the 8 up thursdays, Friday was up 5 of them.

Granny is all dressed up in black vinyl like the Borg and Dolf is too. She is selling her first tranche of EXK bought into Focker selldown this morning.

Fock the Fockers!!!

buying dips in all manner of time frames. Reloading the Winchester Pump now.

Just as I expected, but as it say don't get too excited, it may just be a slight improvement tomorrow.   You might consider buying at end of day and capitalize on gains tomorrow.  Hard to say.

///////////////////////////////////////////////////////////////////////////////////////////////////

"The U.S. nonmanufacturing ISM rose to 52.6 in December from 52.0 in the prior month, a slightly weaker than expected result. The improvement, however, still stems the run of three-straight monthly declines in the services ISM, and continues to point to modest growth in the U.S service sector. New orders rose for a second straight month, albeit modestly to 53.2 from 53.0, while current business activity held firm at 56.2.

The Bottom Line: Both the manufacturing and services ISMs suggest that activity picked up somewhat in December. Also, while there’s little to be enthusiastic about in this report, the broad range of indicators continue to point to an improving U.S. labour market, which should be evident in tomorrow’s December nonfarm payrolls report."