STB is back up and running!

Posted on September 16, 2011 by Shanky | 2 Comments

Now – why isn’t anyone here? Well after the latest disaster to hit STB (4th hack or bust in last few months) we all were forced to migrate (as we unfortunately have become conditioned to do) to the old STB blogger site. I ask, if you were a business owner and counted on your website to drive new business or stay in touch with clients would you entrust it to a host with such reliability issues?

How MESSED UP is this site and the host REGISTER.COM – They just did a rework of the WHOLE  site (like rebuilt it from ground up and migrated to a new server with a dedicated URL), ran checks and got me back up and running after a WEEK of being down and I CAN’T POST A COMMENT to my first post! Brilliant!

Add to the issues (remember – after a week of being down and a total rebuild that should have delivered a site that screams and should not have any kinks at all – since I know REGISTER.COM is reading this) I get kicked out each time I log in.

Oh, guess what – there is no “edit” button on each post, so I have to log in each time to edit, which is a real issue as well – now I get licked out every time I leave the backend. BRILLIANT! And all this after a WEEK of rebuilding – oh – sorry I have mentioned that already haven’t I.

LMAO – I went to tweet this post and was gonna include them and  they did not have a twitter account – technology leader – NOT! And the twitter function failed – not sure if that is there issue – no worries – I can manually handle this problem. I invite you to tweet this as well (as a favor to STB).

You see, this simple little wordpress blog BLEW UP their whole system. The line I got was this thing they used called Hostopia basically could not handle the data my site generated after only 9 (NINE) months of postings. You think they would have known this up front and told me that their hosting and site development was not capable of handling a site like mine, but NO and they took my money anyway.

Through? NOT! Work it thru and look for all the kinks and issues before returning it to me? NOT! Is this what you want for your web host? NOT! Is this my last scathing post of REGISTER.COM? NOT! You don’t piss off and abuse a blogger.

Compensation for destroying a blog that got over 2.4 MILLION hits last month – “rules” say they can only do a $100 credit. I got them to break the “rules” and give me another $49 to get a full month’s refund. Woooooo. I think this policy will need to be reviewed as my posting on this issue and my disappointment are just beginning.

Bottom line is that REGISTER.COM may work for you if you are a small business and really don’t care if they have reliability and security issues, but it you are a budding blog going places – AVOID THEM AT ALL COST!

All is well and STB is VERY fortunate to have some fantastic readers (and a backup blog) that are willing to put up with the hacks and other misfortunes that have plagued the blog over the past few months. Most of you know that STB 3.0 (a new updated, timely and fashionable blog) is in the works. This will bring STB up to the levels of content and service that you deserve.

If they ever do get this comments issue worked out I invite you to please leave a comment as a reader to your experiences with STB’s issues.

Funny – looking at WordPress’ rebuild – looks a lot like blogger on the backend, but not as clean. I left blogger to go to what was (at the time) a better set up. Blooger has lapped WP to the point they are now picking up on what blogger does.

So, at this time I want everyone to either go to and stay at the blogger site till otherwise noted. Everyone is there. Content and commenters are just as good as here (if not better to some). Come on over and share the love and the knowledge with everyone. Thanks to each of you for your support and contributions to the blog. The outpouring of emails and messages has been almost overwhelming. Without you, STB would just be another blog.

Now click on the link below to go to a VERY RELIABLE and capable FREE host and get back in the game!

Shanky’s Technical Analysis and Market Commentary

Posted in Trading Blog Tagged , , , , , , , , , |

Another Emergency Post – 9/12/11

Posted on September 11, 2011 by Shanky | 1 Comment

Sadly this blog is still not working the way it should be. Some of you have no issues getting in to view posts, but others of you (those not reading this) are getting timed out trying to get in. Not even the geeks behind the scenes can figure this issue out at this time. I got in, but only after about 15 minutes of waiting just to get to the point where I could do this post.

All I know is that they are working to get this issue fixed ASAP. If they can’t, this blog will be redirected to my old blogger site where it all began. The link for where everyone is hiding out is – http://shankystechblog.blogspot.com/

So, If you are wondering what the heck? Where did STB go? There is your answer. STB got hacked again and everyone is now at the old blogger site. As mentioned. If this issue is not resolved soon, all traffic will be redirected to blogger.

Thanks for your patience and understanding.

GL and GB

Posted in Trading Blog

Emergency Post #2 – Not Up Yet – Register.com Fail

Posted on September 8, 2011 by Shanky | 4 Comments

Well it is almost time to start beating up on Register.com as a site host.

No one is really sure what is wrong with this tiny little WordPress blog. They (apparently all the kings men) can’t seem to figure out why STB is loading and running so slowly. Lord knows, there is not all that much code behind this blog. STB is the only blog register.com has that is effected in this manner at this time and may be the first ever (who would know, they don’t communicate very well). Last time (the third time their superior security let someone in to bring STB down – 1) spam attack 2) Viagra link 3) the killer google shutdown) they fixed the code in 30m and had me back up. They were responsive and all you could ask for. They have been rated an A thus far on every aspect of service thru design. Sadly this fumble is a bit much for STB at this point.

This time is quite different. The lack of concern from the beginning was pretty disappointing. STB had to beat the drums to motivate the crowd and get them to actually believe there was a problem. Then a lack of communication and a little prodding on my part finally got the issue escalated. Maybe it was escalated prior to my bitching, but how would I know, no one was communicating anything to me. So, they were supposed to get with me before the close of business and update me on the status. Do you think they did? Nope, if they had this note would not be here.

Recommend register.com as a site host? I would have before yesterday. If they don’t pick up the pace and resolve this issue soon, never.

There is your update. Sorry for the inconvenience. I’m not sure who has it out for STB. Each successive attack has been worse. This one must be military grade if they have not figured it out yet (or I don’t have their full attention as the code behind the blog is not all that). I wonder if anyone stayed late to work on the problem. Gee, I would not know because no one has bothered to communicate jack shit to me. Maybe register.com should change their name to potluck.com cause that is all I have gotten lately. Like I said this is a mini rant. They still can redeem themselves with a Fed like stick save in the morning. I’m not holding my breath. Hell, at this point I am wondering if they will even call back.

This will surely spur the move to the next step and away from this outfit I have surely outgrown in 8 short months of blogging here. The wire frames for the new STB are almost done and discussions have been in the works for weeks. Tweaks behind the scenes here have been made. I guess it is time to pick up the pace a little.

Thanks again for your understanding and sorry for the inconvenience. Hell, not sure why I wrote this. No one is gonna be able to read it.

Posted in Trading Blog Tagged |

Site issues – and today’s post

Posted on September 8, 2011 by Shanky | 3 Comments

OK – site is fine as far as not being compromised (it can take up to eight weeks for google to remove that message – we have submitted for that message to be removed multiple times now), what is wrong is that it takes forever to load (Like 5m per page). Designers are working on the back end to figure it our. At this time it may or may not be a hack issue and I hope it is only a server problem.

I’ll be on the old blog today running things normally and keeping you updated from there – here is the link – (it is always in the bookmarks) Anytime this place is down go here. You can also go to my twitter feed for updates as well.

http://shankystechblog.blogspot.com/2011/09/emergency-post-090811.html

Many thanks for all the emails – keep ‘em coming – it is an enormous help and very much appreciated.

Posted in Trading Blog

13/34 30m SPX Explained with /es 1m minis this morning

Posted on September 7, 2011 by Shanky | 6 Comments

Threw in a plug for Inc!

Posted in Trading Blog Tagged , , , , , , , , , , , , , |

Morning Market Summary and Charts – 09/07/11

Posted on September 7, 2011 by Shanky | 216 Comments

STB loves to rail on the euro zone issues. Don’t be fooled by this relaxed mood created by the Swill EUR bailout and the German judges supporting more bailouts. Let this post guide you to the reality that some europeans see about their own issue – 20 Quotes From European Leaders That Prove That They Know That The Financial System In Europe Is Doomed. My personal favorite – “#5 Deutsche Bank CEO Josef Ackerman: “It is an open secret that numerous European banks would not survive having to revalue sovereign debt held on the banking book at market levels.”" Hmmmm, sounds familiar, doesn’t it?

And since the euro zone seemingly implodes every night causing us to wake up to depressed market levels (that on one morning eventually will not recover and continue into oblivion) you traders may want to read this (yes, the readers of STB are aware of this phenomenon) – It’s Official: The Market Crash Is All Europe’s Fault

Gold slung out a single 1m candle $40 drop last night. After hitting $1927 on Tuesday, gold has now fallen $100 to 1827. Volatility up here is a bit uncharacteristic. Double top with divergences is not a good thing. You could say that TA is telling you a small pullback may be in play. With the EU settling and the US news quiet maybe somewhere near 1700 may be in the cards again. Don’t count on this lasting long.

Crude may be in a bear flag settling or consolidating around the all important $85 range. EUR/USD is at double support after falling out of a triangle. It is no where near the triangle target, so support may fail here. If it does you should be looking to the $130 level before even farther move south in time. AUD/USD pair may be in a bear flag as well forming a possible right shoulder. Dollar is channeling and is at resistance shown in my video over the weekend. Is the king of fiat about to break out? TNX may have bottomed for now which may help the long cause as well.

Continue reading →

Posted in Trading Blog Tagged , , , , , , , , , , , , , , , , , , , , , , , , , |

Afternoon Delight – 09/06/11

Posted on September 6, 2011 by Shanky | 28 Comments

Well, there goes Europe again. The biggest news of the day Swiss Franc Collapses 7% – Swiss National Bank to Fix CHF to EUR and Debase Currency. total bailout of the currency as last stop gap measure to save the Euro. You need to read that link, seriously. You people that never click on anything cause you either won’t understand it or are afraid to – click on it now. The Swiss just saved the markets from a total meltdown.

MARKETS/INVESTING

Trouble abroad continues – IMF Agrees To Shove Head Deep In Sand, Will Lower Eurobank Capital Needs – “When all else fails, change the rules, and shove your head even deeper in the sand.” This is over the top ridiculous and dangerous. “Of course, this won’t change anything about the fact that Eurobanks are insolvent, that the ECB is undercapitalized, that the Greek bailout is falling apart. But what matters is that the IMF, or the world’s former bailout, and now completely irrelevant, organization courtesy of China, will allow banks to proceed far further undercapitalized than prudent, until it has to bail out not one, but all, and at the same time.”

Got cash? – European Scramble To ECB Safety At Highest In Over A Year As ECB Deposits Surge To €167 Billion – OK, you read this and tell me how close these banks may be to a default. “As of Monday, which may have been a holiday in the US but was anything but in floundering Europe, the ECB held a whopping €166.8 billion in its deposit facility. This is an increase of €15 billion over Friday, and is the highest since August 2010. What this means, simply said, is that European banks are so terrified of holdings cash with each other or frankly in any market conduit not explicitly backstopped by the ECB”

QE or what it will look like soon – Charting SOMA Twist: Here Is What The $55 Billion In Monthly POMO Purchases Will Look Like Starting Shortly

Continue reading →

Posted in Trading Blog Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Morning Market Summary and Charts – 09/06/11

Posted on September 6, 2011 by Shanky | 206 Comments

As STB has been preaching – things are bad in the EU. You have to pay close attention. The contagion will start there and the virus will spread here. Not gonna harp on it any more. If you have not been listening, that’s your fault. Also STB has noted that charts and targets may not do any good these days. We still follow and find them reliable to a degree, but recommend that all readers be at the ready for quick large moves in either direction.

Swiss Franc Collapses 7% – Swiss National Bank to Fix CHF to EUR and Debase Currency. “Then just before 0900 hours GMT came the news that the Swiss National Bank has decided to fix the country’s exchange rate at 1.20 Swiss francs per euro. The SNB indicated it would buy an unlimited amount of euros regardless of the risk to maintain that value.” Can someone please define “unlimited”? You could call this a last grasp measure that saved the markets yet again. Folks, they are almost out of rabbits to pull from the hat.

STB has constantly warned that the election rhetoric would get fugly (as will the debt ceiling discussions). They are gonna divide this country. They will rip it apart to win the election and maintain power. It will be horrific. I have been focusing on the black caucus and the racism talk in the Afternoon Delight emails. Well, thanks to (of all people) Jimmy Hoffa in Hoffa Threatens GOP At Obama Event: “Take These Son Of Bitches Out” you get, “”President Obama, this is your army. We are ready to march. Let’s take these son of bitches out and give America back to an America where we belong.”" “Let’stake these son of bitches out”? Uh, in a pre-speech warm up for the president? In today’s overly sensitive environment, I’m surprised if he’s not in jail at this point. If not, he should be.

Which begs the question, Will Barack Obama condemn Joe Biden and Jimmy Hoffa for calling Republicans ‘barbarians’ and ‘son of a bitches’?

One good example of dire straits here at home is the postal service. Postal Service Is Nearing Default as Losses Mount “The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely this winter unless Congress takes emergency action to stabilize its finances.”

Israel and MENA (Middle East North Africa) are a total mess. We just fought side by side with Al-qaeda and will more than likely be turning over the country to a government that is supportive of their cause. When the IDF speaks now, I think you better listen. IDF general: Likelihood of regional war growing “Senior IDF officer warns of ‘radical Islamic winter’ that may lead to regional war, could prompt use of WMDs; new, more lethal weapons discovered in hands of terrorists during latest round of fighting in Gaza, Major General Eisenberg says”

Bring Out Your Dead – UBS Quantifies Costs Of Euro Break Up, Warns Of Collapse Of Banking System And Civil War (I can’t resist – Monty Python) “It is also worth observing that almost no modern fiat currency monetary unions have broken up without some form of authoritarian or military government, or civil war.”

My ToS data says /yg (gold futures) hit record high last night at 1927.4. They real you in. Get you to think all is well (or at least contained) and then BAM the next bomb hits. Here is a hint, there are many more in the air falling above the clouds you can’t see right now, but they are coming.

For some strange reason, and possibly a good indicator of just how bad it is out there, is the dollar spiked on the CHF news last night. Main point is when the world’s leading fiat bullshit currency is increasing in value, you know something must be really bad.

Separate video post will be up sometime after the bell this morning.

/es S&P 500 futures – minis 4hr – Large (blue) triangle/wedge broke support last night. What should be a massive bear flag/pennant in the form of the potential yellow channel is either in play or about to break down. If this does then STB’s LT 1040 SPX target will be in play and may wind up being conservative.

/es S&P 500 futures – minis 4hr – Close up – Friday STB pointed out the futures were channeling down. Here you can see the channel fall to what may be larger channel support under the triangle/wedge (blue) STB identified last night and possibly reverse.

SPX 60m – Of course this chart will look quite different after the open with a big gap down.

NOTE: For those of you looking for more specific calls you must read the comments. That is where I get into the charts and really get into detail. The comments below are like a constant rolling blog post with lots of links and valuable information from various readers.

Economic Calendar - Always check the calendar every trading day.

Earnings Calendar – It has begun.

POMO Schedule – Seems like there is always some sore of easing out there. Check here to see if there is any today!

Pivot Points – These may actually become meaningful when intervention is pulled.

If you are looking for updated charts my 1, 5, 15 and 30m SPX charts stay pretty fresh.

If you like this please share the link, tweet, or share on FB. Thanks.

GL and GB.

Posted in Trading Blog Tagged , , , , , , , , , , , , , , , , , , , , , |

Monday Night Stuff

Posted on September 5, 2011 by Shanky | 21 Comments

Minis – possibly channeling (blue) – We’ll know for sure in the morning. Triangle/wedge support did break down (green line).

To those still in the 1040 camp – rrrooking good.

Posted in Trading Blog

Open Weekend Post

Posted on September 2, 2011 by Shanky | 108 Comments

You know the drill – share the love and the knowledge.

Everyone enjoy this holiday weekend (here in the US).

Note the B1Bill post – this is a group think effort for the beginners developing trading strategies. Check it out and comment/ask questions.

B1Bill wants your assistance – an open post

No Afternoon Delights on Fridays.

Trying something new – here are a couple of vids –

Futures – DOW, RUT, SPX and NDX

Futures – 10yr, Dollar, Gold, Silver, Oil

Enjoy! GL and GB.

Fun with Little Shanky’s on a Friday night (don’t forget to leave nice comments and to like the vid) LS 1&2 learning to do stop motion with dad.

SPX 60m – Looks like larger black channel down, if so could get really nasty south. On the other hand a possible base channel is forming (blue). Then there could be a backtest of the busted blue triangle and a (blue dashed) rising wedge (still bearish – just not done yet) may be in play.

Posted in Trading Blog Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , |