I'll kick it off, since Marcin isn't back yet. Here's an article for those that think all this stuff I post won't have any effect (eventually) on the market, or our trading. I've been saying for years and years the EU will break up, the Euro will go into the dustbin of history, and that they are in worse shape than the U.S. I strongly stand by all that. It is just taking longer than I assumed for all the things I expected to happen to unfold. I underestimated just how much they would do to prevent it, how many people they would throw under the bus (essentially all of us), and how they would be able to justify, in their own minds, sacrificing every last one of us so they can keep their power and position. They are all sociopaths, so in that regard I missed that factor, which is now all so clear. In one way or another we are all cannon fodder to them, all disposable.

http://armstrongeconomics.com/2014/09/21/french-farmers-set-tax-office-on-fire-demise-of-europe/

Jim,

Thanks for all your comments and insights. Very valuable trading info, imo.

I will not be posting for the next few weeks to months (est. 3 months). I have been diagnosed with cancer of the lymph node and of the tongue, and I will be undergoing radiation treatment and chemotherapy for the next few months. The radiation treatment and chemotherapy is good at killing off this type of cancer, and I feel very positive about my survival prospects. That is about all I can say. I enjoy the Trading Forum, and will contribute charts as I can.

Please keep up the good work!

Al Kamego

Al, I'm sorry to hear that. Just yesterday a person close to me told me his wife had colon cancer, and will be undergoing surgery and chemo soon. And someone else goes in tomorrow to have something looked at that might not be good... I truly think most of this is from the poison they are putting in the food and environment. The cancer rate used to be about 1 in 50 not so long ago, now it's 1 in 2. I hope you do well with this, Al, and can come back. Your presence in here as one of the long-term crew is valued.

Al,

I second what Jim said, and my thoughts are with you.

As far as the ES goes 'That's what I'm talkin' about!'

Al,
I hope the therapy will run smoothly and we will see you back in the forum soon.

Just woke up, going to do a quick post and go back to sleep. I'm beat. The ES 'sees' this key area here, but so far the response is muted. This area will tell me a lot, given how key it is. I can't imagine it wouldn't be able to at least do a decent bounce. Maybe they'll just grind it to the open. We'll see.

Jim, rat, and Marcin, and others. Thanks for the kind thoughts and words. I value them, and I value you all, and what you do.

Good Trading,

Al Kamego

$spx then and now:

Here's a couple of interesting charts:









I can't get over how the market follows the Fed balance sheet i.e. how the money really does flow right into the market, not the economy.


Source: http://www.zerohedge.com/news/2014-09-26/high-yield-credits-worst-week-15-months-sends-stocks-sliding