Happy (belated) 4th of July (by Nathaniel Goodwin)

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Saturday night Stun Gun Jones drunkenly broke into my apartment thinking it was his box. It scared the crap out of me; but I was also enjoying some libations that night, and the liquid courage gave me the strength to grab my shurikens and wail them at the dark figure as he stumbled around my room. Luckily I missed him and they buried themselves in the wall. The sound of the shurikens hitting the wall awakened the colonel, and he busted into the my room with roman candles ablaze in both hands. Colorful balls of fire were exploding all around Stun Gun and myself, melting polyester pajamas to my flesh. It sobered both Stun Gun and myself up quick.

Those little balls of fire hurt, they sort of bury themselves into your flesh and just burn. Speaking of pain, today sort of sucked for both bears and bulls. I was positioned bullish going into today and got stopped out around midday after most of my gains disappeared. I’m still in the camp of seeing some sort of more significant bounce soon.


Here is a chart of Zweig Breadth Thrust, which triggers when we go from 40 to 61.5 in 10 days from oversold to very bullish. It doesn’t happen very often and many find it useless, but some use it as an overbought/oversold indicator to look for divergences.



BT
 
Before Stun Gun  left, he told me the one year anniversary of the July 8th 2009 failed head and shoulders is coming up. "Always watch those anniversary dates!" he spoke as he gently fell down in the gutter and went back to sleep.

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