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SAT Test Cancelled In South Korea

2013 May 10 Fri 23:21:40 | by Lawrence

US universities are still hot commodities according to this article.

http://news.yahoo.com/first-time-sat-test-gets-canceled-entire-country-213729411.html

$4.5K+ for the test booklet vs. studying days and nights with no certainty of the results.

I guess it is a cheap price to pay after all.

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Google "Don't be evil"?

2013 May 10 Fri 11:23:00 | by Lawrence

When it comes to legal battle, Google is doing whatever it can do to stall.

http://news.yahoo.com/judge-incredulous-google-finds-hard-search-own-documents-123505974.html

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Today the Jobless claims number fall to lowest level in 5 years.

People just started to cheers about it and keep talking that how high can the stock market goes.

Wake up. Fed will reduce QE before employment number hits its target.

It is like applying a brake - you have to do it before the stop sign not after.

So that means Fed may act on the data any time now.

Mainstream media probably would not talk about this until it is too late.

This is the dilemma Fed is facing:

Too much QE when there is sign of recovery (no matter how distorted the government data is), hyperinflation will sneak in.

Reducing QE may just drop all the markets by 10 to 15% quickly and there goes the wealth effect Fed is wishing for.

This is what happen when the recovery is fake, just like the so-called economic growth in USSR and China back in the 1960s and 1970s.

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2013 May 9
Currency War Continues With South Korea This Round

This time it is South Korea's Bank of Korea who cuts its interest rate. As mentioned last time, once Japan started QE, it would reverse the effects of US and European QEs. Since the major economies all using the same dirty tactics, they can no long ...

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2013 May 7
Talking About Irresponsibility

Well, Apple and Samsung are the only smartphone makers making money at all, http://news.yahoo.com/apple-samsung-combined-pull-100-mobile-profits-q1-220049485.html My question is - why the hell the other companies like Nokia, BlackBerry, HTC, etc. e ...

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2013 May 7
SPY Locked In Stair Step Up Pattern Since Beginning of 2013

The blue boxes below is defined by the range of January 2013. Nothing magical. STOPD at work. ...

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2013 May 3
Bitcoin Legal Troubles

As reported by Gawker, Mt. Gox, the biggest dealer / exchange for Bitcoin, is now in a nasty lawsuit with its supposed business partner Coinlab. So now, we have both high profile VC entered the game and the first high profile lawsuit in place. Once ...

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2013 May 1
Gold Has A Tough Fight Ahead

4-hour chart of gold below. Gold needs time to form a bottom. Even if you are bullish (and probably already long) you need to be prepared for at least a fight at 1400-1410. If 1400 zone fails to defend gold from dropping further, there is nothing ...

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2013 Apr 25
Central Banks Admit To Buying Stocks Finally

Here is the piece from Bloomberg, Central Banks Load Up on Equities. Central bankers complain there is no return on holding bonds. Now, that is funny! ...

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2013 Apr 23
Scary Day

Following chart is a 89-tick chart on Emini S&P. It shows the sudden sell off we experienced today at 1:09 pm to 1:10 pm Eastern Time. I usually hide my limit orders with my order entry application. It would place the MIT (market if touch) ord ...

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