4 Nov Elevator climb

Yes, the robot has taken over. look at the elevator climb of SPX. When humans are exhausted, the robots would take over the task.

Despite all the negative news, MF Global, Referendum, SPX is just 30 pips away from its recent high.

The movie 11:11 is showing on 11 11 11 exactly, which is the next Friday.

you know the Movie Margin Call was screened in US on 21 Oct. And now we have the Margin Call on MF Global, isn't it.
Margin Call is premiering in Hong Kong on 17 Nov, would the HK tycoons, George Soros included face their Margin Call ?

Would next Friday mark the start of the move towards 1111 ? when the Elevator got jamed and suddenly reversed ?
Or may be it is for INDU to 11111
last high was 12284.

We are having a MACD non-confirmaiton on Gold, would smart monies sell Gold and pour into Equities ?

http://www.bangkokpost.com/news/
Meanwhile, flood water is now invading inner Bangkok. the playground of the Asia Rich and Famous. And flood water may enter the underground train stations.

Remembered a month ago, there was this TV programe that shows rich westerners, touring Asian cities looking for good buys. Different rich man visiting cities like Ho Chi Min, Bangkok, etc. There was also roadshows by agents showcasing newly built Bangkok condos with a sky high view of the city.

Well, we have this now. Nature deleveraging. Force Majeure.

Think after this flood, (flood water would not go away but stagnate, poleshift), disease rampage. and everybody would contemplate selling their city properties. Mass layoff when factories relocate to higher grounds. During the Asian Financial Crisis in 1997, Thai Baht was the first target. It led to the collapse of the Thai stock market, and a lot of condominiums, highways stood uncompleted.

RBS suffer a sharp drop in profits. (credit to the RBS Asia VP who drives a Bentley).
Barclays annouced staff cut yesterday. They have already cut to the barebone in UK and US, but sustaining a monstrous outfit in Asia, with the data centers, investment centers, etc. However their monies are not moving. They employed an army in Asia to manage monies that are not moving. While hiring European/American/Australian executives in Asia who get premium salaries, bonus, accomodation, children education, laundry, meals, childcare or chauffeur, if the executive does not drive a Bentley. And those executives jetset around Asia putting up in Ritz, Hyatt, Marriot suites, collecting pubic hairs of Asian woman, while their wives back in Singapore get f***** by the gym trainer.
So it is a Alice Wonderland in Asia, the desire of Bank Executives. While their peers in London, Frankfurt, New York grieved about whether their jobs remain tomorrow.

I have put in my chips, I am in the camp that SPX would climb to 1300, no matter whether Pappan got voted out, or whatever is the NFP, or whatever Taurullo says today.