Explanation

I want to explain why I removed the positional short status today.
Since the critical area 20-23 November created conflicting signals and there is no quick materialization of the negative, I considered it necessary to remove the risky positional short in order to, to remove risks and so that readers comply with money management and act strictly according to plan. Sit in position and hope is wrong. Better to sit out and wait for the technical picture to be clarified.. Therefore, the style should be while scalp or swing.
I closed my small positional short at a loss, but almost blocked it with fast swing and scalp trades. If there is a delay in the materialization of the negative, then it is better to wait and maybe the situation will be, when the scalp can turn into a positional trade.

Day trading for 23 november

BGU : Direxion Daily Large Cp Bull 3X Shs(ETF) Sector: Financial > Industry: Misc. Financial Services Done 1 deal and closed the day in positive territory

Fed liabilities

What is not enough money left with them.))) 

                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Nov 18, 2009     Nov 11, 2009     Nov 19, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  879,357       -    1,523       +   50,740
Reverse repurchase agreements (13)                                 59,906       -      497       -   43,003
Deposits                                                 (0)    1,205,820       +   77,897       -    3,411       
  Depository institutions                                       1,109,269       +   65,034       +  478,777
  U.S. Treasury, general account                                   62,309       -      621       -    6,148
  U.S. Treasury, supplementary financing account                   14,999                0       -  493,957
  Foreign official                                                  2,957       +    1,261       +    2,774
  Other                                                  (0)       16,285       +   12,222       +   15,142
Deferred availability cash items                       (279)        2,344       -      816       -      398
Other liabilities and accrued dividends (14)                       12,684       -      141       +    8,490

      Total liabilities                                (279)    2,160,111       +   74,921       +   12,417
                          
Capital accounts
Capital paid in                                                    25,362       +      189       +    4,989
Surplus                                                            21,431       +        8       +    4,265
Other capital accounts                                              5,034       -    1,353       +    1,581

      Total capital                                                51,828       -    1,155       +   10,836

Federal Reserve Assets

Doesn't feel like owning stock, really need to find out, what's in the portfolio of Maiden Lane ( This is a holding company created with the purchase of JP Morgan Bear Stearns). In this portfolio then, that, according to the Fed's definition, it is very risky to keep JP Morgan on the bail. Probably some kind of illiquid.

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Nov 18, 2009     Nov 11, 2009     Nov 19, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          5,200                0       +    3,000
Coin                                                                2,037       -       23       +      389
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,994,607       +   75,616       +  721,678
  Securities held outright (1)                                  1,776,618       +   74,852       +1,287,692
    U.S. Treasury securities                                      776,527       +        7       +  300,102       
      Bills (2)                                                    18,423                0                0
      Notes and bonds, nominal (2)                                707,649                0       +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0       +    3,572
      Inflation compensation (3)                                    5,813       +        7       -      627
    Federal agency debt securities (2)                            153,049       +    3,376       +  140,548
    Mortgage-backed securities (4)                                847,042       +   71,469       +  847,042
  Repurchase agreements (5)                                             0                0       -   80,000    
  Term auction credit                                             109,456                0       -  305,846
  Other loans                                                     108,532       +      763       -  180,170
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         15,043       +      744       -  255,836
Net portfolio holdings of Maiden Lane LLC (7)                      26,349       +       10       -      570
Net portfolio holdings of Maiden Lane II LLC (8)                   15,766       +       33       +   15,766
Net portfolio holdings of 
  Maiden Lane III LLC (9)                                          22,951       +       19       +   22,951
Net portfolio holdings of TALF LLC (10)                               231       +      231       +      231
Items in process of collection                         (279)          450       +       39       -      665
Bank premises                                                       2,228       +        2       +       50
Central bank liquidity swaps (11)                                  28,278       -      810       -  533,812
Other assets (12)                                                  87,764       -    2,093       +   50,074
     
      Total assets                                     (279)    2,211,939       +   73,766       +   23,253

Zia Lambo and Cheese Abuse

They say some Zia in switzerland went to the grocery store on a lamb,
and in the end I arranged a race with an accident – due to high-quality cheese with shykolad I lost control.

What will happen to Zia now, and how does she go to the store, our regular radio listeners ask.

and you say the end..

in general, in the late 1800s, people were also surprised, how can we expect to maintain the same pace after such a large-scale progress?. although this is not a reason to think, what if the market was always growing, then he will continue his altruistic venture.

thank you very much [info]lozelo

What the FOMC Minutes Talk About

Today 02:00pm EST / 07:00pm GMT
*MINUTES OF THE NOV 4 FOMC MEETING: SAW DECLINE IN USD AS ORDERLY; LOW RATES MAY CAUSE EXCESSIVE RISK TAKING – Wary of falling USD and impact on inflation; risks to inflation outlook ‘roughly’….

That, what, in principle, I talked about in the blog. That there is nothing wrong with the fall of the dollar. it happens smoothly , no collapse. Certainly, they care, that a weak dollar increases the risk of appetite and that a fall in the dollar could trigger inflation.

Dollar Decline ‘Orderly’

“Participants noted that the recent fall in the foreign exchange value of the dollar had been orderly and appeared to reflect an unwinding of safe-haven demand in light of the recovery in financial market conditions this year,” the minutes said. “Any tendency for dollar depreciation to intensify or to put significant upward pressure on inflation would bear close watching.”

Britney's GDP

Tomorrow we will find out what they counted during the revision of the British GDP.

two funny features:
1) судя по реакции на первую публикацию за третий квартал "все ждали рост". of course my sample is lame, but bloomberg still shone with confident faces speaking, that this is a mistake, that the data will definitely be revised in favor of growth. And if they don't?)

2) We all grow, but England is not growing. Offensive. The elections are coming soon..

and then there are such videos. (by [info]kar_barabas )

Alexander Elder

Alexander Elder – a professional speculator and expert on technical analysis. He was born in Leningrad and grew up in Estonia, where he graduated from Medical Faculty of Tartu University. Then he emigrated to the United States. After internships at clinics in New York, he enrolled in New York psychoanalytic institute. Then he opened a private clinic. Parallel Alexander Elder began working on the stock market and organized a company «Financial Trading», which became one of the leading U.S. firms for the preparation of stockbrokers. His findings and advice Alexander Elder is divided in the book “How to play and win at the stock exchange.

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