What does dream work, a retired Air Force Lt. Colonel, technologies that predict the future, Ures truly, the Republican wins Tuesday, and Diazepam all have in common?
Let me answer in reverse order.
1. Diazepam is?
A drug. And, says Wikipedia: “It is commonly used to treat a wide range of conditions, including anxiety, panic attacks, insomnia, seizures (including status epilepticus), muscle spasms (such as in tetanus cases), restless legs syndrome, alcohol withdrawal, benzodiazepine withdrawal, opiate withdrawal syndrome and Ménière’s disease.”
Remember what comes with alcohol withdrawal (besides high blood pressure and high pulse rates)? Delirium Tremens.
“Delirium tremens (Latin for “shaking frenzy”, also referred to as DTs, “the horrors”, “the bottleache”, “quart mania”, “ork orks”, “gallon distemper”, “barrel fever”,”the shakes”, or “the fear”) is an acute episode of delirium that is usually caused by withdrawal from alcohol, first described in 1813”
Notice the abbreviation here because it is totally key: DT.
2. The Republican win the this week’s election has (so far) failed to power markets through key technical resistance. And despite some gains here and there, the problem persists with the futures looking flat to down a bit this morning.
Someone beside us may be figuring out the Washington impact problem: Good because it means stability, but that also means nothing will get done. Do the words “delicious poison” make sense?
3. Ures truly has been writing for a while about what an interesting technical formation it would be if the markets did a “double top” in here.
4. And I’ve been deeply involved in various technologies that purport to look into the future and some that are actually hitting way above early approaches. And in fact, one email on point that arrived overnight was?
Got my new model set up and testing it out. It appears that Friday will be a down day in the markets (Not a big down, but just regular old down.
Actually to be more exact, we have a 73% chance that the average on the DJIA for Thurs/Fri/Mon will be lower than the average for today, yesterday, and 2 days ago.
The model was improved by dampening the extraneous ups and downs by using a 3-day average. Let’s see how it works!
5. And that email came from the retired USAF Lt. Col fellow (Chris McCleary) who took over the www.nationaldreamcenter.com project from us back in April and has not only “moved the ball down field” but has scored multiple touchdowns including the terrorism heads-up about Dallas (and then secondarily) Houston and that was just a couple of weeks before springing into reality as what?
The Ebola scare in Dallas and Houston.
And so the point of this morning is that when DT/Double Top begins to show up in Dreams (along with references to “butterfly” which may have been just propagation leakage from Heidi Klum’s dress-up) I would be negligent if I failed to mention that a market decline from here, picking up speed into December, would be technical graceful, supported by Chris’ work at the Dream Center which uses our word-frequency analytics coded by Grady at www.nostracodeus.com.
We will continue to press forward on our research on all fronts. But there is a very interesting theoretical problem ahead a few years that is probably worth mentioning somewhere about now:
If wild-eyed busi8ness geeks can start to ascertain the future in meaningful ways, would government have an incentive to disallow or make illegal future-seeing technology?
It won’t be an issue unless we can figure out how to make $20-million for each of us, just enough to get comfortable, but it’s an interesting point.
Not that we worry about it: The head of the SEC has been largely a do-nothing and high-frequency trading goes on (thanks to political donations, I’m sure) and there is still naked short-selling, so something as obscure as looking into the future would logically follow dealing with some of the perversions of financial engineering.
But that didn’t slow the Salem witch trials, so we wonder how using available technologies will work out this time. If you have Excel, you could be a suspect and accused using pivot tables an complex sorts of internet scans of practicing Datacraft.
Same small minds, different stakes. A real pox upon the world. But the good guys keep getting up, don’t they?
Japan, China, and the big European markets are all down a tad overnight. ECB printmaster Draghi and Tesla (selling emission credits to bolster their P&L if I understand right) are news items to stand by for, but the elephant is the employment data tomorrow.
When that comes, we won’t give a rip about the headline rate (so many percent unemployed) so much as the axe job on the underlying workforce and how many jobs are made-up through estimation. And then, the course of the labor participation rate which outs the jiggering of the workforce total.
Should be fun to watch in a train-wreck-in-slow-motion kinda way. Of course we could be wrong, but the chance of that is…um…..27%.
So is the Double Top done?
More after this….
Jobs Cuts Are Back
Of course, the market may not like the Challenger Job Cuts press release just out:
Just one month after falling to a 14-year low, monthly job cuts surged nearly 70 percent in October to the second highest total this year, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. U.S.-based employers announced 51,183 job cuts last month, a 68-percent increase from September’s 30,477, which was the lowest monthly total since June, 2000 (17,241). October job cuts were 12 percent higher than the 45,730 layoffs announced during the same month a year ago. The October total is not only the second highest of the year behind May’s 52,961, but it marks only the fourth time in the last 22 months that job cuts exceeded 50,000. Employers have now announced 414,591 job cuts so far this year. That is 4.3 percent fewer than last year, when 433,114 job cuts were reported from January through October. “While it is too early to say for certain, the October figure may mark the kick-off to a fourth-quarter surge in job cuts. It is not unusual to see the pace of downsizing accelerate in the final months of the year, as employers take measures to meet year-end earnings and profit goals,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. “In recent years, since the end of the recession, the fourth quarter surge in job cuts has been somewhat subdued, with much of the increase occurring in October and November. In fact, in the previous two years, December was one of the lowest job-cut months.” – See more at: http://www.challengergray.com/press/press-releases/2014-october-job-cut-report-job-cuts-surge-51183#sthash.aoARIlzx.dpuf
All of which means our speculation about a poor Friday jobs report may be justified…
The European Central Bank held rates where they are, so for whatever reason the market is trying to rally, at least on the futures side. Whether it can hold through the day…
Now That the Election is Over
And I’m sure when you read the reports about new cases in Liberia dropping you figured out it was from people not showing up for work, not a real drop, but that’s only an op-ed for now. Data will follow. Sadly.
A new report out goes into some detail about the dangers to mental health of children in the digital age.
The report could have gone “up demographic” a ways, so to age 100, since the problem is pernicious.
I’m just waiting for the first learned-paper on MLD – multiple-logon-disorder.
Your government At Work
And we need executive amnesty why? Another surge wonders a Sheriff in North Carolina.
Like this Sheriff, I too support legal immigration. Neither side of my family would be here without it. But we learned what language and came through what Island? In line…
Of course the answer is obvious: So we can become bilingual and drag America back to Canadian-like complacency. And thus set the groundwork for the PTB’s long-term North American Union Plan…which is where the Canamex Highway and yada, yada…
Politely Stopping Short
Kudos to the National Review’s the Corner for politely saying Bill Clinton was useless in Arkansas. I can think of 49-other states….