Sunday, January 31, 2010

Weekly Trading Zones / Emini Futures Trading - Sunday January 31, 2010

(QQQQ)(DIA)(SPY)(XLF)

S&P 500 Emini Futures (ES)

1129/1130
1102/1103
1085/1086
1076/1077
1059/1060
1049/1050
1022/1023


DOW Emini Futures (YM)
10,462
10,264
10,139
10,066
9,941
9,868
9,670

If you are not familiar with our Weekly Trading Zones read the post from last Sunday Night. (read more)


Blessings
CT

Friday, January 29, 2010

Wonderful Counselor / Emini Futures Trading - Friday January 29, 2010

(QQQQ)(DIA)(SPY)(XLF)(GLD)

"For unto us a child is born, unto us a Son is given; and the government will be upon His shoulder, and He will be called Wonderful Counselor, Mighty God, Everlasting Father, Prince of Peace"
(Isaiah 9:6)

Counseling today is at an all time high in our society. From Dr. Phil, to David Ramsey, to Oprah Winfrey people are seeking advice. There's certainly nothing wrong with seeking advice and counseling when you have a particular need in your life, in fact the Bible encourages it. However, we must not lose sight of the fact that we, as believers, have access to most wonderful counselor imaginable - Jesus Christ. 

What makes Him a Wonderful Counselor? (Listen Now) 

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

(continuation)
Law, not confusion, is the dominating principle in the universe. Justice, not injustice, is the soul and substance of life. And righteousness, not corruption, is the molding and moving force in the spiritual government of the world. This being so, man has but to right himself to find that the universe is right; and during the process of putting himself right, he will find that as he alters his thoughts toward things and other people, things and other people will alter toward him. 

The proof of this truth is in every person, and it therefore admits of easy investigation by systematic introspection and self-analysis. Let a man radically alter his thoughts, and he will be astonished at the rapid transformation it will effect in the material conditions of his life.

Men imagine that thought can be kept secret, but it cannot. It rapidly crystallizes into habit, and habit solidifies into habits of drunkenness and sensuality, which solidify into circumstances of destitution and disease. Impure thoughts of every kind crystallize into enervating and confusing habits, which solidify into distracting and adverse circumstances. Thoughts of fear, doubt, and indecision crystallize into weak, unmanly, and irresolute habits, which solidify into circumstances of failure, indigence, and slavish dependence.

Lazy thoughts crystallize into habits of uncleanliness and dishonesty, which solidify into circumstances of foulness and beggary. Hateful and condemnatory thoughts crystallize into habits of accusation and violence, which solidify into circumstances of injury and persecution. Selfish thoughts of all kinds crystallize into habits of self-seeking, which solidify into circumstances more of less distressing.

On the other hand, beautiful thoughts of all crystallize into habits of grace and kindliness, which solidify into genial and sunny circumstances. Pure thoughts crystallize into habits of temperance and self-control, which solidify into circumstances of repose and peace. Thoughts of courage, self-reliance, and decision crystallize into manly habits, which solidify into circumstances of success, plenty, and freedom.

S&P 500 Emini Futures Trading (ES)
Key Note:
Watch Sunday Night into Monday morning to see which way the channel breaks











Weekly Chart S&P Emini (ES)











Dow Emini Futures Trading (YM)











Weekly Chart DOW Emini (YM) 

Have a Great Weekend!
Blessings
CT 

Thursday, January 28, 2010

People Get Happy / Emini Futures Trading - Thursday January 28, 2010

(QQQQ)(DIA)(SPY)(XLF)(GLD)

"Peace I leave with you; My peace I give to you; not as the world gives do I give to you. Do not let your heart be troubled, nor let it be fearful."
John 14:27 NASB 



Realize that true happiness lies within you. Waste no time and effort searching for peace and contentment and joy in the world outside. Remember that there is no happiness in having or in getting, but only in giving. Reach out. Share. Smile. Hug. Happiness is a perfume you cannot pour on others without getting a few drops on yourself.
This definition of happiness by Og Mandino  


"This is the day which the Lord has made.
Let us rejoice and be glad in it."

Psalm 118:24

"Do not worry about tomorrow's trouble, for you do not know what the day may bring. Tomorrow may come and you will be no more, and so you will have worried about a world that is not yours."
Babylonian Talmud

"To be alive, to be able to see, to walk...it's all a miracle. I have adopted the technique of living life from miracle to miracle."
Arthur Rubinstein

"You say grace before meals. All right. But I say grace before the concert and the opera, and grace before the play and pantomime, and grace before I open a book, and grace before sketching, painting, swimming, fencing, boxing, walking, playing, dancing, and grace before I dip the pen in the ink." 
G.K. Chesterton

"Earth's crammed with Heaven."
Elizabeth Barrett Browning

One of the most profound truth's we can ever learn is this:
Happiness is a choice!
It is a decision we make, not an emotion we feel. (Listen Now)

As a Man Thinketh by James Allen 

Chapter Two - Effect of Thought on Circumstances

(continued)
Suffering is always the effect of wrong thought in some direction. It is an indication that the individual is out of harmony with himself, with the Law of his being. The sole and supreme use of suffering is to purify, to burn out all that is useless and impure. Suffering ceases for him who is pure. There could be not object in burning gold after the dross had been removed, and perfectly pure and enlightened being could not suffer.

The circumstances which a man encounters with suffering are the result of his own mental inharmony. The circumstances which a man encounters with blessedness, not material possessions, is the measure of right thought. Wretchedness, not lack of material possessions, is the measure of wrong thought. A man may be cursed and rich; he may be blessed and poor. blessedness and riches are only joined together when the riches are rightly and wisely used. And the poor man only descends into wretchedness when he regards his lot as a burden unjustly imposed.

Indigence and indulgence are the two extremes of wretchedness. They are both equally unnatural and the result of mental disorder. A man is not rightly conditioned until he is a happy, healthy, and prosperous being. And happiness, health, and prosperity are the result of a harmonious adjustment of the inner with the outer, of the man with his surroundings.

A man only begins to be a man when he ceases to whine and revile, and commences to search for the hidden justice which regulates his life. And as he adapts his mind to that regulating factor, he ceases to accuse others as the cause of his condition, and builds himself up in strong and noble thoughts. He ceases to kick against circumstances, but begins to use them as aids to his more rapid progress, and as a means of discovering the hidden powers and possibilities within himself.

S&P 500  / Dow / Nasdaq Emini Futures
 All 3 have returned to the Zone so only 1 chart is needed tonight.



As Always,
Pray Hard & Trade Safe!
CT

Wednesday, January 27, 2010

People Get Ready / Emini Futures Trading - Wednesday January 27, 2010

(QQQQ)(DIA)(SPY)(XLF)(GLD)

"…Prepare the way for the Lord"
(Isaiah 40:3, NIV)

 

The idea is that the Lord is coming to His people as a triumphant King, who has the road prepared before Him so He can travel in glory and ease. Every obstacle in the way must be removed: every valley shall be exalted and every mountain and hill brought low; the crooked places shall be made straight and the rough places smooth.
Whatever was wrong in the road must be corrected. The problems were not the same everywhere. Sometimes, the road in the valley needed to be lifted up; other times a road had to be cut through a passage in the mountains.

The idea of preparing the way of the Lord is a word picture, because the real preparation must take place in our hearts. Building a road is very much like the preparation God must do in our hearts. They are both expensive, they both must deal with many different problems and environments, and they both take an expert engineer.

When the way is prepared, then the glory of the Lord shall be revealed. God has plans of Biblical Proportion in store for your life. Are you prepared? (Listen Now)



As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances


 (continued)
Circumstances, however, are so complicated, thought is so deeply rooted, and the conditions of happiness vary so vastly with individuals, that a man's entire soul condition (although it may be known to himself) cannot be judged by another from the external aspect of his life alone.

A man may be honest in certain directions, yet suffer privations. A man may be dishonest in certain directions, yet acquire wealth. But the conclusion usually formed that the one man fails because of his particular honesty, and that the other prospers because of his particular dishonesty, is the result of a superficial judgment, which assumes that the dishonest man is almost totally corrupt, and honest man almost entirely virtuous. In the light of a deeper knowledge and wider experience, such judgment is found to be erroneous. The dishonest man may have some admirable virtues which the other does not possess; and the honest man obnoxious vices which are absent in the other. The honest man reaps the good results of his honest thoughts and acts; he also brings upon himself the sufferings which his vices produce. The dishonest man likewise garners his own suffering and happiness.

It is pleasing to human vanity to believe that one suffers because of one's virtue. But not until a man has extirpated every sickly, bitter, and impure thought from his mind, and washed every sinful stain from his soul, can he be in a position to know and declare that his sufferings are the result of his good, and not of his bad qualities. And on the way to that supreme perfection, he will have found working in his mind and life, the Great Law which is absolutely just, and which cannot give good for evil, evil for good. Possessed of such knowledge, he will then know, looking back upon his past ignorance and blindness, that his life is, and always was, justly ordered, and that all his past experiences, good and bad, were the equitable outworking of his evolving, yet unevolved self.

Good thoughts and actions can never produce bad results. Bad thoughts and actions can never produce good results. This is but saying that nothing can come from corn but corn, nothing from nettles but nettles. Men understand this law in the natural world, and work with it. But few understand it in the mental and moral world (though its operation there is just as simple and undeviating), and they, therefore, do not cooperate with it.

S&P 500 Emini Futures

Dow Emini

Nasdaq Emini


As Always,
Pray Hard & Trade Safe!
CT

Monday, January 25, 2010

It Is Better To Forgive Than Deceive / Emini Futures Trading - Monday January 25, 2010

(QQQQ)(DIA)(SPY)(GLD)(XLF)

He who covers his sins will not prosper, But whoever confesses and forsakes them will have mercy.
(Proverbs 28:13) 




In our lives we will encounter times when we feel that we have been treated unjustly. Perhaps it may have been one’s actions towards us or maybe it was a word spoken with a wrong attitude. Whatever the avenue, there are times when people will “do us wrong.” When such times occur, we have a choice – we can either offer forgiveness or turn to bitterness.

Ephesians 4:31-32 states, “Let all bitterness, and wrath, and anger, and clamor, and evil speaking, be put away from you, with all malice: And be kind one to another, tenderhearted, forgiving one another, even as God for Christ’s sake has forgiven you.” Immediately we see that bitterness is not an option for the Christian, and that forgiveness is commanded. A Christian who says, “I cannot forgive,” should change his statement to “I will not forgive” for God always enables us to that which he has commanded. You see, bitterness is the refusal/failure to forgive someone who has wronged us. It is extremely destructive in its nature. Bitterness destroys more homes than infidelity, it wrecks more churches than heresy, and it ruins more lives than drugs and alcohol, and yet, it is the option that many Christian choose when they are offended. How much better life would be if God’s people did the right thing and chose forgiveness instead of bitterness! But, how do we do that? How do we choose forgiveness instead of bitterness? (Listen Now)


As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

(continued)

Here is a man who is wretchedly poor. He is extremely anxious that his surroundings and home comforts should be improved. Yet all the time he shirks his work, and considers he is justified in trying to deceive his employer on the ground of the insufficiency of his wages. Such a man does not understand the simplest rudiments of those principles which are the basis of true prosperity. He is not only totally unfitted to rise out of his wretchedness, but is actually attracting to himself a still deeper wretchedness by dwelling in, and acting out, indolent, deceptive, and unmanly thoughts.

Here is a rich man who is the victim of a painful and persistent disease as the result of gluttony. He is willing to give large sums of money to get rid of it, but he will not sacrifice his gluttonous desires. He wants to gratify his taste for rich and unnatural foods and have his health as well. Such a man is totally unfit to have health, because he has not yet learned the first principles of a healthy life.

Here is an employer of labor who adopts crooked measures to avoid paying the regulation wage, and, in the hope of making larger profits, reduces the wages of his workpeople. Such a man is altogether unfitted for prosperity. And when he finds himself bankrupt, both as regards reputation and riches, he blames circumstances, not knowing that he is the sole author of his condition.

I have introduced these three cases merely as illustrative of the truth that man is the cause (though nearly always unconsciously) of his circumstances. That, while aiming at the good end, he is continually frustrating its accomplishment by encouraging thoughts and desires which cannot possibly harmonize with that end. Such cases could be multiplied and varied almost indefinitely, but this is not necessary. The reader can, if he so resolves, trace the action of the laws of thought in his own mind and life, and until this is done, mere external facts cannot serve as a ground of reasoning.

S&P Emini Futures Trading

Dow Emini Futures Trading

Nasdaq Emini Futures Trading


As Always,
Pray Hard & Trade Safe!
CT

Sunday, January 24, 2010

Weekly Trading Zones / Emini Futures Trading - Sunday January, 24, 2010

(QQQQ)(DIA)(SPY)(XLF)(GLD)

S&P 500 Emini Futures Trading (ES)

1156/1157
1127/1128
1109/1110
1097/1098
1079/1080
1068/1069
1038/1039


Dow Emini (YM)

10,740
10,476
10,314
10,212
10,050
 9,948
 9,684


Nasdaq Emini (NQ)

1931/1932
1871/1872
1834/1835
1811/1812
1774/1775
1752/1753
1692/1693


March Soybeans (SH0)

973/974
962/963
956
950/951
944/945
939/940
927/928



On his way to the futures market, the boy met a stranger.
"I will give you five magic beans indicators for your cow chart,"
the stranger offered. Jack  was unsure and hesitated for a while but
then, enticed by the idea of such an extraordinary deal,
he decided to accept.


Jack and the Beanstalk Mural.  Jack trades cow for beans.


JACK - "Sure, I traded the cow for Magic Beans...
Magic Beans that we can grow more cows with!
Who's simple NOW Ma?"


Go ahead, laugh at Jack. Now go look in the mirror and have a really good belly-laugh! The truth is, we've all bought our share of Magic Beans from the many vendors who line the yellow brick road that leads to Wall Street. (Anyone can mix metaphors but it takes real talent to mix Fairy-Tales)


Well this is no Fairy Tale and the numbers above are no Magic Beans. These numbers are simply areas where we believe the market will need to make a decision. Think Football field here. (Here come the mixed metaphors.) Which team is in possession? Where are we on the field? The Rumpled One gives away an indicator that turns your chart into a gridiron based on Fibs. The point I'm making is that this concept or idea is not unique to this blog or this trader. Also, our magic beans are not a fib blend. They are simply as stated, decision points. A trader can use them in any number of ways from Profit Targets to Stop Losses. They are not predictions, merely guidelines for the upcoming week. Inside of these Weekly Trading Zones, I encourage you to check out TradeStalker and PageTrader on a daily basis for intra-day levels that really narrow the playing field.

As Always,
Pray Hard & Trade Safe
CT

Friday, January 22, 2010

No Fainting On God's Clock / Emini Futures Trading - Friday January 22, 2010

(QQQQ)(DIA)(SPY)(XLF)(GLD)

"But those who wait for the Lord [who expect, look for, and hope in Him] shall change and renew their strength and power; they shall lift their wings and mount up [close to God] as eagles [mount to up to the sun]; they shall run and not be weary, they shall walk and not faint or become tired"
(Isaiah 40:31, AMP)
If we place our hope in Him alone, He will renew us, strengthen us, and lift us up!  There is nothing we can do to receive this promise; rather, it is something that He does in response to our trusting in Him.  What a wonderful promise! Amen? (Listen Now)

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

(continued)
In the light of this truth, what, then, is the meaning of "fighting against circumstances"? It means that a man is continually revolting against an effect without, while all the time he is nourishing and preserving its cause in his heart. That cause may take the form of a conscious vice or an unconscious weakness; but whatever it is, it stubbornly retards the efforts of its possessor, and thus calls aloud for remedy.

Men are anxious to improve their circumstances, but are unwilling to improve themselves. They therefore remain bound. The man who does not shrink from self-crucifixion can never fail to accomplish the object upon which his heart is set. This is as true of earthly as of heavenly things. Even the man whose sole object is to acquire wealth must be prepared to make great personal sacrifices before he can accomplish his object; and how much more so he who would realize a strong and well-poised life?

S&P 500 Emini Futures Trading



March Soybeans



Are you Max Cohen?



Pray Hard, Trade Safe & Have a Great Weekend!
CT


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Thursday, January 21, 2010

CFRN Announces Move to Daniels Trading

(QQQQ)(DIA)(SPY)







The online application took about 20 minutes. My Bank allows me to wire funds directly from my desktop. I'll keep you posted......

For info regarding opening your own account, contact:

Burton R. Schlichter
Leslie Burton
Daniels Trading
Senior Market Strategist
100 South Wacker Drive
Suite 1225
Chicago, IL. 60606
866-928-3310 Toll-Free
312-706-7647 Local
312-706-7547 Fax


Blessings
CT

Seed Protector / Emini Futures Trading - Thursday January 21st, 2010

(QQQQ)(DIA)(SPY)

"While the earth remains, seedtime and harvest, cold and heat, summer and winter, and day and night shall not cease"
(Genesis 8:22, AMP)
Prayer is God’s will!
Jesus taught that God’s Word is a seed. It will produce in your life after its kind. “Now the parable is this: The seed is the word of God.” (Luke 8:11 NKJ)

Whatever your need — plant the seed from God’s Word covering that need. Then you will reap what you need, if you don’t give up (Galatians 6:9)

If you have big needs — plant more of God’s seed.

In Joshua 1:7-9, God gave instructions for success. They will still work for you today. It is not enough to read God’s Word. You must also speak it. By hearing it and speaking it, you plant it in your heart.


First Thessalonians 5:17
(NKJ) pray without ceasing,
(TEV) pray at all times,
(NIV) pray continually;
(Jerusalem) pray constantly;
(Living) Always keep on praying.
(Amplified) Be unceasing in prayer — praying perseveringly;
(Goodspeed) Never give up praying.
(New World) Pray incessantly.
(Berkeley) Pray unceasingly.
(Anderson) Never stop praying!

Get the picture? Protect the Seed! (Listen Now)

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

(continued)
Circumstance does not make the man; it reveals him to himself. No such conditions can exist as descending into vice and its attendant sufferings apart from vicious inclinations, or ascending into virtue and its pure happiness without the continued cultivation of virtuous aspirations. And man, therefore, as the Lord and master of thought, is the maker of himself, the shaper and author of environment. Even at birth the soul comes to its own, and through every step of its earthly pilgrimage it attracts those combinations of conditions which reveal itself, which are the reflections of its own purity and impurity, its strength and weakness. 

Men do not attract that which they want, but that which they are. Their whims, fancies, and ambitions are thwarted at every step, but their inmost thoughts and desires are fed with their own food, be it foul or clean. The "divinity that shapes our ends" is in ourselves; it is our very self. Man is manacled only by himself. Thought and action are the jailers of Fate - they imprison, being base. They are also the angels of Freedom - they liberate, being noble. Not what he wishes and prays for does a man get, but what he justly earns. His wishes and prayers are only gratified and answered when they harmonize with his thoughts and actions.

 

S&P 500 Emini Futures Trading 


 

 
Pray Hard & Trade Safe!
CT

Wednesday, January 20, 2010

No Live Brodcast Wednesday January 20th, 2010



Price Action Demonstration in Live Market Trading

Friday January 22nd 9:30 AM EST!
 
Please join us Friday at 9:30 am EST for a 1 hour webinar featuring our indicators in a LIVE market environment! These proprietary indicators were developed by day-traders for day-traders and have been honed specifically for trading e-mini stock index futures such as the ES.

In this webinar, the developers of Stack Trade will explain how these signals were developed and how they are used to create trade set-ups following the flow of the market.

Participate via live Webcast.

Friday, January 22, 2010
9:30 a.m EST

REGISTRATION LINK to attend this free web-event.

Although we were away from the screens today, our Weekly Zones were there -





Tuesday, January 19, 2010

FaithWorks / Emini Futures Trading - Tuesday January 19th, 2010

(QQQQ)(SPY)(DIA)

"…faith without works is dead"
(James 2:20, NKJ)
Salvation is always by faith apart from works.
Salvation by faith always results in works.
Faith produces peace-makers. It produces the meek, the merciful, and the pure of heart. It feeds the hungry, cares for the widows and orphans. It is the living example of righteousness. Trust me friend, Faith Works!

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

(continued)

The soul attracts that which it secretly harbors; that which it loves, and also that which it fears. It reaches the height of its cherished aspirations. It falls to the level of its unchastened desires - and circumstances are the means by which the soul receives its own.

Every thought seed sown or allowed to fall into the mind, and to take root there, produces its own, blossoming sooner or later into act, and bearing its own fruitage of opportunity and circumstance. Good thoughts bear good fruit, bad thoughts bad fruit.

The outer world of circumstance shapes itself to the inner world of thought, and both pleasant and unpleasant external conditions are factors which make for the ultimate good of the individual. As the reaper of his own harvest, man learns both by suffering and bliss.

A man does not come to the almshouse or the jail by the tyranny of fate of circumstance, but by the pathway of groveling thoughts and base desires. Nor does a pure-minded man fall suddenly into crime by stress of any mere external force; the criminal thought had long been secretly fostered in the heart, and the hour of opportunity revealed its gathered power.

S&P 500 Emini Futures Trading




March Soybeans



As always,
Pray Hard & Trade Safe!

CT






 

Sunday, January 17, 2010

S&P 500 Emini Weekly Support and Resistance Zones / Monday January 18th, 2010

(QQQQ)(SPY)(DIA)
 
There will be no Live Broadcast today.
CME Globex® Martin Luther King Holiday Schedule

S&P 500 Emini Futures Weekly Trading Zones

1172/1173

1153/1154

1142/1143

1135/1136

1124/1125

1116/1117

1098/1099


March Soybean Futures Weekly Trading Zones

1012/1013

995/996

984/985

978/979

967/968

961/962

944/945

As Always,
Pray Hard & Trade Safe





I Have A Dream
I say to you today, my friends, so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream.
I have a dream that one day this nation will rise up and live out the true meaning of its creed: "We hold these truths to be self-evident: that all men are created equal."
I have a dream that one day on the red hills of Georgia the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.
I have a dream that one day even the state of Mississippi, a state sweltering with the heat of injustice, sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice.
I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.
I have a dream today.
(complete text) 
(complete audio)



Saturday, January 16, 2010

SFEG - Fortune Favors the Brave / Santa Fe Gold Corp and the Day the Earth Stood Still

(SFEG)(GG)(NEM)(HL)(RODM)

"Audaces fortuna iuvat"
Fortune Favors the Brave -
Virgil


Shareholder's of Santa Fe Gold Corp. saw some serious market cap vanish right before their eyes today. There seems to be a lot of misinformation and speculation as to what really happened and why. Those who toe the "Party Line" assure you that the market simply "Over-Reacted". Now don't get me wrong, they mean well, but that's Crap. Without waxing eloquent I'm going to give it to you straight. 

Before we get rolling let's qualify my right to speak on the matter. 
  • I've been a shareholder since 1999. 
  • 90% of my long term portfolio is in this basket.
  • I've paid as much as $1.43 and as little as .10 to build my position.
Here's what happened - 

Here's what happened next -
Rodman & Renshaw did what their clients pay them to do, make them money while protecting their investments. We (SFEG) sold them shares worth $1.69 on the open market (stop laughing) for $1.30. What would you do if you were in their shoes? You would take that puppy right down to break even. Day one, out of the gate, their clients make money. "But aren't they afraid because now the stock is only worth $1.23 you ask?"  Nope....... They know full well what this stock is really worth. Do you think their few clients who participated in this PIPE deal are their only clients? Hardly! While Santa Fe shareholders were running in circles today shaking their puny little fists at God and cursing Pierce, did they ever stop to wonder who was on the buy side of those transactions? Keep in mind, the elite handful of R&R clients bought at $1.30, so everything below that was downdraft, and as sad, ugly and mean spirited as it may seem, some Ma & Pa investors got freaked out by the action and sold their shares. That's Wall Street baby. Let me say it again in quotes, "That's Wall Street Baby!"


So let me pretend for a moment I'm R&R. I find a company trading at $1.69 (stop laughing) and I swing a deal that buys me a boatload of shares for $1.30. Only a choice few of my clients can get in, after all, we're only talking $10m here. So what do I do with my "really special" clients who can't get in on the initial offering because the company will only sell 7.5m shares? Easy, as I make bank for the first group on the way down, I buy the second group in on the way up, which makes everybody whole including the original long term Santa Fe shareholders.


"Oh my God! Is that legal?"

Not only is it legal my friend, it's good business! Now keep in mind I'm sharing with you what I believe to be truth. Not Party Line, just Bottom Line. Am I still long Santa Fe? Am I still bullish Santa Fe? Would I accumulate more below $1 if we see it on Tuesday? 
Yes / Yes / (heck) Yes!


So why am I so convinced this is a good deal and just who the heck is R&R? Great questions, so glad you asked.


#1) It's a good deal because Pierce did it. If it were not a good deal, he would have passed.


#2) Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005 thru 2009.

Now for this article to have any real impact, you have to understand we have a Win-Win situation on our hands.


Today was an obvious win for the R&R clients, but the bigger picture is beyond huge for the Santa Fe Shareholders with long term vision. R&R clients who did not get in on the "Sweet Deal" will be the very ones bidding it back up. Why? Because R&R recognizes how undervalued SFEG really is and they will be putting one group in as the first group peels out.


"Oh my God! Is that legal?"  
"That's Wall Street Baby!"

If you've been a shareholder for any length of time, you've heard - 
"We're under the radar"
"Just wait till Wall Street finds out"


Guess what, it may have cost us 30% in market cap but we are no longer a secret. 


Perhaps you never heard of R&R, many haven't. Well, the shareholders of the companies they've done deals with sure know who they are. Let me give you one example before I close.


Hecla Announces $21 Million Equity Transaction

December 11, 2008 Filed Under: Mining Investment, Mining Stocks  
Hecla Mining Company announced it has entered into a definitive agreement to sell securities to selected institutional investors for aggregate gross proceeds of $21 million. The offering will be made pursuant to Hecla’s existing Form S-3 shelf registration statement and base prospectus filed with the Securities and Exchange Commission (SEC). The offering is expected to close no later than December 15, 2008, subject to the satisfaction of customary closing conditions.
The securities in the sale include approximately 10.24 million shares of Hecla’s common stock, priced at $2.05 per share, along with Series 1 warrants to purchase up to approximately 7.68 million shares of Hecla common stock at an exercise price of $2.45 per share, expiring in five years; and Series 2 warrants to purchase up to 7.68 million shares of Hecla common stock at an exercise price of $2.35 per share, expiring on February 28, 2009.
Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc., acted as the exclusive placement agent for the offering.

So what happened after that announcement? Hecla tanked! It fell from $2.38 to $1.71 on the "Good News". Where is it today? 













Could that happen to Santa Fe? All things are possible..............

Amen? 

(ps. If I didn't believe Pierce needed the money today for a very good reason, I'd be as pissed as a drunken sailor) 


Technical Perspective 













On a weekly chart we readily find 3 points of support and potential support. It is quite possible that support was found On Friday at $1.16. That price represented the 50 Period SMA and dual Fib confluence and is exhibited on the chart as A. If that support is to hold we should see price move higher Tuesday after any resting market orders to sell are filled on the open.

Should $1.16 be violated have a look at B. There we find the 200 Period SMA, the bottom of the price channel and another Fib confluence. Due to the time decay factor we are looking at a price somewhere between .92 and $1.00.

Finally we have C which is dual Fib confluence between .80 and .82 and would represent a 50% retracement from recent highs.

Because of the fundamental nature of what has, and is yet to transpire, it will be quite interesting to see how well technical analysis serves us in the short term. While these price levels are not predictions, should we see a break of $1.16, resting buy orders could be placed at or near the above mentioned prices for investors seeking entry.

Thursday, January 14, 2010

Santa Fe Gold Corp / SFEG News

(SFEG)(GLD)(SLV)(GG)(FCX)

Santa Fe Gold Nearing Production of Gold and Silver at Summit Project
Business Wire(Mon, Dec 7)


Quick Update on Santa Fe Gold Corp - SFEG
Based on recent press releases and the time lines detailed, I would venture a guess that the announcement of production at the Summit property is in fact rapidly approaching.

David Morgan of The Morgan Report, one of the most preeminent experts in silver, gold, and precious metals, recently did an interview with Ellis Martin. Here's a short excerpt -

"So it’s a tough, tough business as well as a very exciting business. There are very few “investments” that you can make (and I used quotation marks because really they’re speculations) where you can put in a few dollars and come out making a lot of dollars. The problem is you have so many to choose from. There are more than 4,000 of them and most of them never materialize. The odds are probably 2,000 to 1 that something you buy actually becomes a mining project. So a tough game, an exciting game, one in which I teach to “bet a little to win a lot.” These are situations where you know you want to put in a small amount of money and if it hits it’s going to make you a significant amount of money."

 
There you have it. The odds are probably 2,000 to 1 that something you buy as a junior mining and exploration stock wll actually becomes a full blown producer. When Santa Fe Gold announces production, they will become that 1 in 2,000 David Morgan refers to.

Go to Santa Fe Gold right now and register for the news!

As a shareholder, or just somoene looking for the right gold and silver opportunity, you want to be privy to the pipeline. This will be the biggest news event in the history of Santa Fe Gold. 


If you missed our most recent interview with CEO Dr Pierce Carson and RJ Bommarito the new Director of Shareholder Communications (Listen Now)
 

Don't forget, go to Santa Fe Gold Corp and register so you get the news, before it isn't.

Click for Quote




 







As always,

Pray Hard & Trade Safe!

CT 

Exceeding Abundance / Emini Futures Trading - Thurdsday January 14th, 2010

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"Now to Him who is able to do exceedingly abundantly above all that we ask or think, according to the power that works in us, to Him be glory in the church by Christ Jesus to all generations, forever and ever"
(Ephesians 3:20-21, NKJ)
Paul's vision of God's power "working in him" took him far beyond the walls of the Roman prison where these words were penned. How far will your vision take you?

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances 

(continued)


As the progressive and evolving being, man is where he is that he may learn that he may grow; and as he learns the spiritual lesson which any circumstance contains for him, it passes away and gives place to other circumstances.

Man is buffeted by circumstances so long as he believes himself to be the creature of outside conditions. But when he realizes that he may command the hidden soil and seeds of his being out of which circumstances grow, he then becomes the rightful master of himself.

S&P 500 Emini Futures Trading
I painted the arrows tonight, but you get to draw the trend lines.








March Soybeans


 

 

 

 

 

Pray Hard & Trade Safe

CT

Wednesday, January 13, 2010

Press On Through / Emini Futures Trading - Wednesday January 13th, 2010

(QQQQ)(DIA)(SPY)

And He said to me, "My grace is sufficient for you, for My strength is made perfect in weakness."
(2 Corinthians 12:9)

Affliction is often the time of our greatest spiritual growth. It is in the storm that the roots are forced to go deep. We seldom stumble at our places of personal weakness, for we recognizing our weakness, flee to the Rock that is higher than we.

It is in our places of personal strength that we usually fail, for we are so prone to trust in ourselves and not feel the need of the Lord's strength.

God's declaration to Paul was,
"My strength is made perfect in weakness."

As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances 

(continued)

Thought and character are one, and as character can only manifest and discover itself through environment and circumstance, the outer conditions of a person's life will always be found to be harmoniously related to his inner state. This does not mean that a man's circumstances at any given time are an indication of his entire character, but that those circumstances are so intimately connected with some vital thought element within himself that, for the time being, they are indispensable to his development.

Every man is where he is by the law of his being. The thoughts which he has built into his character have brought him there, and in the arrangement of his life there is no element of chance, but all is the result of a law which cannot err. This is just as true of those who feel "out of harmony" with their surroundings as of those who are contented with them.


S&P 500 Emini Futures Trading
Based on today's discussion, it's your turn to paint the arrows -












And here's the volume anomaly we discussed -











 Beans in March
 And the beans slowly drifted
20 points higher
like cotton candy clouds
on a perfect spring day
over Candlestick Park.
(Haiku from The Bean Whisperer ©)

Pray Hard
& Trade Safe
CT


Tuesday, January 12, 2010

USDA Crop Report / Emini Futures Trading - Tuesday January 12th, 2010

(QQQQ)(DIA)(SPY)(GLD)(AA)

Have No Fear!
We are destroying speculations and every lofty thing raised up against the knowledge of God, and we are taking every thought captive to the obedience of Christ.
(2 Corinthians 10:5 NASB)



We are not helpless victims or recipients of our thoughts. We can choose to stop our thoughts, and bring every thought into captivity to the obedience of Christ. Thoughts of lust, thoughts of anger, thoughts of fear, thoughts of greed, bitter thoughts, evil thoughts – they are part of every thought that may be, must be, brought into captivity to the obedience of Christ. (Listen Now)


As a Man Thinketh by James Allen

Chapter Two - Effect of Thought on Circumstances

A man's mind may be likened to a garden, which may be intelligently cultivated or allowed to run wild; but whether cultivated or neglected, it must, and will, bring forth. If no useful seeds are put fall therein, and will continue to produce their kind. into it, then an abundance of useless weed seeds will fall therein, and will continue to produce their kind.


Just as a gardener cultivates his plot, keeping it free from weeds, and growing the flowers and fruits which he requires, so may a man tend the garden of his mind, weeding out all the wrong, useless, and impure thoughts, and cultivating toward perfection the flowers and fruits of right, useful, and pure thoughts, By pursuing this process, a man sooner or later discovers that he is the master gardener of his soul, the director of his life. He also reveals, within himself, the laws of thought, and understands with ever-increasing accuracy, how the thought forces and mind elements operate in the shaping of his character, circumstances, and destiny.






Thanks to our friends Burt and Leslie for sharing this mornings USDA Crop Report.




S&P 500 Emini Futures Trading
Areas of interest as detailed in our Sunday night post and as discussed on today's show are highlighed below.





March Soybeans
Price reversed as noted below off our weekly zone prior to the release of today's USDA Crop Report. Better than expected supply numbers sent the market well below our 997/998 zone.


As Always,

Pray Hard & Trade Safe
CT