Saturday, 27 September 2008

Even Hank Paulson's bail-out-plan cannot detox global banking

Abrose's latest is, as ever, a good read. He thinks that we are due a re-run of the 1930s. However, I think that the concluding part of his article includes some wishful thinking: it's going to be much worse.
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3088685/US-Economy-Even-Hank-Paulsons-bail-out-plan-cannot-detox-global-banking.html

Thursday, 25 September 2008

Scarborough Fair - the historical background

This poem is not included in Section 2 of the Edexcel Anthology, however it still fits in well with the other ballads and there are also some useful notes in this interesting rendition of this old ballad although it would be wise to question some points. In most versions it is the male who sets a series of impossible tasks as tests of love to be passed on by a third party to a female. In this version the female gives her list of impossible tasks in her tests of love. Both versions represent the medieval obsession with faithfulness in love and fear of cuckholdry. It was their equivalent of "the battle of the sexes".

Sunday, 21 September 2008

The Francis Child Ballad Collection

The main link for the Francis Child collection of ballads.

http://www.contemplator.com/child/index.html

Notes on the early Child ballads including "The Three Ravens" and "The Twa Corbies".

http://www.pbm.com/%7Elindahl/ballads/early_child/#tour

Friday, 19 September 2008

AS Poetry The Historical Context for Romantic Poetry AO4

The Romantic composer, Beethoven creating music from his imagination
Year 12 (AO4. The Historical Context)
Find out about:
· Neo classicism and the significance of reason, rationality and science in the seventeenth century (1700s) . How was it represented in art (poetry, art, music, literature, etc.?)
· Romanticism (which poets were in the first wave and which in the second? Did they differ in their treatment of Romanticism?)
· How the imagination was considered important by some as a reaction against neoclassicism in the late seventeenth (1700s) and early eighteenth centuries (1800s.)

Consider the poems that you have already studied in class and think how you can apply the concept of Romanticism and the importance of the imagination.

Check the power-points on the system and use the folders that include mini essays on these topics. You can also do an internet search for this information. Ask Richard in the Library where relevant books and articles might be to help you with your research. Make notes on a pad or on Word so you can use them for feedback in class.

There will be a class test on the two poems and on this background information next week!

Hitler gets a margin call


Up until yesterday this was what it felt like to be a gold and silver bug!

Tuesday, 16 September 2008

Wednesday, 10 September 2008

Three peaks and a domed house - the current correction in gold shares

The chart above was created in the middle of August!
Stacey Himes has been calling this savage downturn in goldshares as the rare chart pattern three peaks and a domed house for some time. He also gives target lows for the HUI index. It's fairly impressive stuff so far.

Here is his most recent post
Saturday, September 6, 2008

Close in time is not always close in price!
Gold and commodity markets have experienced some severe declines. We are just starting to see some posts that these bull markets may be ending. Although we are not contrarian for contrarians sake it seems likely that these musings are indeed indications of a impending sentiment low. The three peaks pattern has finally enterred the final leg of is wave to a measured move. Since we have not had a confirmed reversal we dont know if this fifth wave will extend. I could give you some potential minute wave counts. I think that would not be productive as its clear we are attempting to break down or capitulate. Momentum indicators are usually the best way to pick bottoms in a capitulation. I still stand by my prediction that 276 must be hit as a minimum. Now that the 307 area has failed I feel confident we are going to 276 and probably lower. There are several pivots that support a final low. ive mentioned the 263 area. theres another at 248 that has manifested itself from a fib expansion of the recent wave. In terms of cycle times the fnm/fre news this weekend is going to cause some fireworks monday. Its unclear whether is sell the news or not just yet. I know what I want to see, but the market will do what it wants. I will say this. If gold and silver continue the selloff next week and selloff hard then its time to buy. If they take off to the upside early next week, then we may have a bottom as well. either way we are about there in time , maybe not price. S.M. Himes


His comments on this chart formation can be found in recent posts on his blog site.
http://paintthecharts.blogspot.com/

About Me

I teach Film, Media and English Lit.