Merry Christmas #SOPA

And happy holidays to all.

 

$GS Goldman Sachs Research: Weekly Issue 11/49


$RLX S&P Retail Index Headbutts Resistance

The S&P Retail Index ($RLX) is facing some longer-term resistance (red dashed-line) while remaining above it's bullish trend-line (green line). Considering it's proved to have shown to be a formidable trendline in years recent past, it wouldn't be too surprising to see a nice pullback from around these levels.


$GS Goldman Sachs Research: Weekly Issue 11/40


Clueless

A cowboy named Bud was overseeing his herd in a remote mountainous pasture in California when suddenly a brand-new BMW advanced out of a dust cloud towards him. The driver, a man in a Brioni suit, Gucci shoes, RayBan sunglasses and YSL tie, leans out the window and asks the cowboy, 'If I tell you exactly how many cows and calves you have in your herd, Will you give me a calf?'

Bud looks at the man, then looks at his peacefully grazing herd and calmly answers, 'Sure, Why not?'

The guy parks his car, whips out his Dell notebook computer, connects it to his Cingular RAZR V3 cell phone, and surfs to a NASA page on the Internet, where he calls up a GPS satellite to get an exact fix on his location which he then feeds to another NASA satellite that scans the area in an ultra-high-resolution photo. The man then opens the digital photo in Adobe Photoshop and exports it to an image processing facility in Hamburg, Germany. Within seconds, he receives an email on his Palm Pilot that the image has been processed and the data stored. He then accesses a MS-SQL database through an ODBC connected Excel spreadsheet with email on his Blackberry and, after a few minutes, receives a response. Finally, he prints out a full-color, 150-page report on his hi-Tech Miniaturized HP LaserJet printer and turns to the cowboy and says, 'You have exactly 1,586 cows and calves.'

'That's right. Well, I guess you can take one of my calves,' says Bud.

He watches the young man select one of the animals and looks on amused as the man stuffs it into the trunk of his car.

Then Bud says to the man, 'Hey, if I can tell you exactly what your business is, will you give me back my calf?'

The man thinks about it for a second and then says, 'Okay, why not?' 'You're a Congressman,' says Bud.

'Wow! That's correct,' says the man, 'but how did you guess that?'

'No guessing required,' answered the cowboy. 'You showed up here even though nobody called you; you want to get paid for an answer I already knew, to a question I never asked. You tried to show me how much smarter than me you are; and you don't know a thing about cows. This is a herd of sheep. . .'

'Now give me back my dog.'

The Beginning of the Endless Rant

A soon to go viral video of a guy who realizes that the economy has been getting a lot attention! Hey... Why not say it how it is.



$GS Goldman Sachs Research: Weekly Issue 11/39


$SPY Long-Term Prediction Revisited

Some may remember this chart from back in 2008 when I first published it. 

Imagine the predicted peak superimposed over $SPX and SPY. For now I just want to throw this picture up and let you think about it. I will try to speak more about it at some point today IF I get some free time.  

-Update 10/03/2011 8:35AM

" I will try to speak more about it at some point today..." Now clearly that did happen.  




$GS Goldman Sachs Research: Weekly Issue 11/38


$GS Goldman Sachs Research: Weekly Issue 11/37


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