So a few of you are worried about me after reading about my voices in my head.  One of our readers, a very close friend, even suggested that occasionally I should ignore the voices.  He even admitted to hearing a voice almost every morning when he sees my blog.  The voice says, "Delete It!  Delete It!".  Thanks Ben.  Ouch!

But I carry on.  Some say those that blog are selfish, arrogant, egocentric, narcissistic, insecure people.  Yesterday I was talking to Devin about vanity plates for her new GMC.  She has had vanity plates for quite a long time.  I asked if she wanted to keep them and she said no.

She told me, "That is your thing, not me."  I asked if she was suggesting that I was selfish, arrogant, egocentric, narcissistic, and insecure because I had vanity plates.  She replied, "No, your not insecure."  Et tu Brute.

Today we are in get ready mode.  We are 96% ready to hit the road to go to Utah.  We have decided to split the trip over two days and visit Devin's mother Dorothy.  She is deliriously ecstatic that we are coming over for a visit.

You see Devin's side of the family has an unwritten law that when you are within 683 miles of a relative's home, you must stay with them even if there are 8,943 affordably priced hotel rooms with casinos and fine restaurants on the premise.

This is why we have not stayed over night in Las Vegas, and major sectors of Alabama, Mississippi, Texas, and Louisiana.  Devin has relatives (though she denies a blood connection to most) in those parts.  We decided to break up the long trip to Utah by spending an evening at Hotel Dorothy.

A Trillion Here, A Trillion There

We were stopped out of our GM short sale because the political banter about a solution to the fiscal cliff tricked the market into going higher today and most of the auto sector fell for their lies.  I took a 3.9% loss as well as a 12% loss on January Call option for GM as well.

We added to our EZJ position after some glorious confirmations form various respectable research papers.  As well as the MACD trend line on the 6 month daily chart.  (We will talk more later.)

We also bought our way out of a VERY profitable AAPL Put we sold last week for 19.10 a contract.  Today's price was 8.41 so it was a nice exit.  We probably could have had this ride a while, but we will be on the road for two days and I will not be able to babysit it so we took the profit.

Setting Up For A Fall

There was a lot of banter about the possibility of the fiscal cliff being resolved.  Personally I do not see the WOW factor.  Even if the two groups can agree on 1 trillion in cuts and 1 trillion in revenue, which it seems like they have not, that is 2 trillion over about a 5 year period on a debt ceiling that reaches its max in about two weeks.

I would keep a close eye on your protective stops boys and girl.  Here is a suggestion to anybody who cares.  Look at a six month daily chart and set a 20 day EMA (Exponential Moving Average) but more importantly use a traditional MACD 12,26,9 (Moving Average Convergence Divergence) oscillator.

Don't worry most of the finance and broker websites have this as the default overlay.  If not go to another site.  Anyway, look up SPY, the Spider ETF for the S&P 500.  Look at the MACD line.

When you see the MACD cross the signal line to the upside it is a bullish trend.  When it reverses, it is a bearish sign.  Go and look at it today or tonight.  You will see a cross on Nov 27th.  Two days after we floated the green light.  If you go back in the year, almost every flag change in this blog has been within a day or two of the MACD crossing the signal line.

If the two sides do not come up with even this poor two trillion dollar agreement, and this signal line crosses the MACD to the down side, tighten your stop and be ready to cash out and sit on the sidelines.  Watch for the red flag my friends.

Since 11/25/2012

I am not a professional investment advisor. Anybody reading my blog and investing accordingly must be out of their minds. I have made more money than I have lost. There are many more qualified people than I to actually tell you how to invest your money.

BAGAKOAA=Boys And Girls And Kids Of All Ages

Salve Lucrum=Latin for Hurrah for Profit.

2012 Year Ending

Dow 13,073

S&P 500 1,358

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