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U.S. Futures Ease, But Tokyo Advances As BOJ Set To Ease "Powerfully" 0 comments
This morning. U.S. equity markets confirmed an uptrend on November 23rd. The SPX subsequently gained +4.37%. Today, U.S. futures are moderately lower. Asian markets finished mixed, with better strength in Shanghai. Spanish 10-year sovereign debt yields remain below 5%, but appear to have stabilized. European equity markets are lower.
Technical indicators are positive. The SPX, DJI, Nasdaq, and NYSE composite are well above their 20-, 50-, 100-, and 200-day moving averages. Other indicators indicate most indexes are near exhaustion levels.
This morning's economic reporting included Empire manufacturing, which disappointed, and advance retail sales, which surprised positively. Most focus is on 4Q2012 earnings, which this week features most of the largest U.S. banks. U.S. Treasury yields are lower, with the 10-year at 1.823%, compared to 1.845% the prior day. U.S. repo rates are at 10 bps, unchanged from 10 bps the prior day. Spanish and Italian 10-year debt yields are at 4.98% and 4.16%, respectively. The dollar is mixed. U.S. options markets are neutral to bullish. The CBOE skew fell -1.64% to 117.19, from 119.14 the prior day. Commodities prices are mixed.
In pre-market futures trading, March SPX equity futures are moderately lower, and near the bottom of their 1457-1462 range. After a fair value adjustment of +1.03 points, SPX equity futures are at 1458.75, down -7.03 points. The SPX opens at 1470.68, +1.86%, +3.70%, +3.11%, and +5.57% above its respective 20-, 50-, 100-, and 200-day moving averages. On December 18th, the 20-day moving average crossed above its 50-day moving average and on December 20th crossed above the 100-day moving average. The 50-day moving average crossed above its 100-day moving average on August 17th.
In 2013, the SPX is up +3.12%. The SPX is +36.8% above the 1074.77 October 4, 2011, intraday low. The SPX closed up +13.4% in 2012. Next resistance is at 1473.26. First support is at 1466.90.
This year, the BKX is up +3.26%, outperforming the SPX. Last year, financial stocks outperformed the broader market, as the BKX closed up +30.2%, compared to the +13.4% SPX gain. Last week, the BKX closed off -0.24%. The prior week, the index rose +6.21%. In December, the BKX closed up +5.60%. In November, the BKX closed down -2.10%, following losses of -5.85% and -1.08% in October and September, respectively.
Monday. On lower volume, U.S. equity markets posted closed modestly mixed. Futures were modestly lower, and markets lost ground in early trading, but found support and recovered to end with modest gains or losses. The DJI rose +0.14%, and the NYSE composite rose +0.06%, but the SPX and Nasdaq fell -0.09% and -0.26%, respectively. Market breadth was negative, and up volume lagged down volume. NYSE volume fell -6.71% to 5950.49 million shares, +0.84x the 20-day moving average.
Trading desks reported continued consolidation, with continued evidence of "resilience". Sentiment is mixed, as investors cite improving fundamentals but concern that markets have moved to quickly in the past 6 weeks. From its 1472.05 prior close, the SPX sold off to 1465.69 by mid-morning, then eased back to nearly 1472 in the final hour, before easing to 1470.68 at the close. Market volatility rose in early trading, but eased again by mid-session. From 13.36 at the prior close, the VIX opened at 13.65, and rose to a mid-morning 13.85 intraday high, but fell back to 13.40 by mid-session. The VIX closed at 13.52, up +1.20%.
On -1.42% decreased volume, the DJ Transports rose +0.50%, compared to the DJI's +0.14% gain. The index rallied to an early 5,602.34 intraday high and fell back to 5,580 by mid-morning, then eased higher through the day, finding resistance at 5,600 and ending at 5,600.49, compared to 5,572.62 the prior day. The index closed +3.83%, +7.58%, +9.20%, and +9.20% above its respective 20-, 50-, 100-, and 200-day moving averages. The TRAN closed -0.49% below its 5,627.85 July 7, 2011 high. The TRAN has not confirmed multiple DJI new highs (the most recent September 14th).
Technical factors were little changed. SPX relative strength (RSI) fell to 63.81, from 64.59 the prior day. The CBOE put/call skew fell -1.64% to 117.19, from 119.14 the prior day. U.S. Treasury bond prices rose.
Last week, the Nasdaq closed up +0.65%, while the SPX, DJI, and NYSE composite rose +0.39%, +0.27%, and +0.53%, respectively. The prior week, the Nasdaq, SPX, DJI, and NYSE composite closed up +4.77%, +4.57%, +3.84%, and +4.23%, respectively. In January and this year, the Nasdaq, SPX, DJI, and NYSE composite are up +3.25%, +3.12%, +3.08%, and +3.24%, respectively. In December, the NYSE composite lead with a gain of +0.67%, followed by the DJI and SPX, with respective losses of -0.67%, -0.97%, and -1.66%, respectively. In November, the Nasdaq, NYSE composite, and SPX closed up +1.11%, +0.28%, and +0.47%, while the DJI closed down -2.10%. In October, the SPX, DJI, Nasdaq, and NYSE composite closed off -1.98%, -2.54%, -4.46%, and -0.36%, respectively. In September, the SPX and DJI indexes closed +2.42% and +2.65% higher, respectively, while the Nasdaq and NYSE composite rose +1.61% and +2.95%, respectively. All the major equity indexes also closed higher in August, July, and June. All closed at least +5.91% higher in 2012.
Immediate SPX support is 1467 (the 5-day moving average), then 1461 (the 10-day moving average). Resistance is then 1475 (the September 14th intraday high).
Distribution day count. Since the uptrend confirmation on November 23rd, the Nasdaq, NYSE composite, S&P 500, and DJI have distribution counts of 5, 4, 4, and 1, respectively.
In Asia, equity markets closed mixed. In Tokyo, the NKY reopened after Monday's holiday and rose +0.72% on a -9.09% volume decrease. In Hong Kong, the HSI fell -0.14% on a -6.99% volume decrease. In Shanghai, the SHCOMP rose +0.60% on a +14.4% volume increase. The NKY, HSI, and SHCOMP closed above their respective 20-, 50-, 100-, and 200-day moving averages.
Commentary focused on Bank of Japan's Governor Shirakawa, who remarked that the regulator would purse "powerful" monetary easing.
Last week, the NKY closed up +2.82%. The HSI closed +2.93% higher. The SHCOMP closed up +1.96%. In December, the NKY ended up +10.1%, the HSI +2.84%, and the SHCOMP +14.6%. In November, the NKY closed up +5.80%, while the HSI and SHCOMP closed +0.73% higher and -4.12% lower, respectively. In 2013, the NKY is up +4.66%. The HSI is up +3.20%. The SHCOMP is up +2.49%. In 2012, the NKY rose +1.37%. The HSI rose +22.9%. The SHCOMP rose +3.17%.
In Japan, the NKY closed Tuesday at 10,879.08, up from 10,801.57 at Friday's close. The index opened at 10,920 and rose to a mid-morning 10,952.31 intraday high before easing in the afternoon to 10,860 about an hour before the close. The NKY closed +7.25%, +14.2%, +17.9%, and +19.2% above its respective 20-, 50-, 100-, and 200-day moving averages. All market segments closed at least +0.10% higher. Leaders were health care, utilities, and oil and gas, which rose at least +0.95%. Financials rose +0.64%. Laggards were telecommunications, technology, and industrials.
In China, the Hang Seng closed at 23,381.51, down from 23,413.26 at the prior close. The index rose to 53,515.86 in early trading, but reversed lower by mid-morning and fell to an early afternoon 23,306.17 intraday low. The index eased higher through the close, narrowing its losses. The index closed +2.09% and +5.16% above its respective 20- and 50-day moving averages. Market segments closed mixed. Leaders were technology, industrials and financials, which rose at least +0.10%. Laggards were consumer services, basic materials, and telecommunications, which closed off at least -0.87%.
In Shanghai, the SHCOMP traded narrowly higher through the morning, but improved through the afternoon to a 2,332.78 intraday high. The index closed -6.00% below its 2,474.07 March 14th high. The SHCOMP closed +5.07% and +10.2% above its respective 20- and 50-day moving averages. Most market segments closed higher. Leaders were technology, consumer services, and health care, which rose at least +1.59%. Laggards were utilities and financials, which rose at least +0.09%, and oil and gas, which closed off -0.03%.
In Europe, the major equity indexes are moderately lower. The Euro Stoxx50, FTSE 100, CAC 40, and DAX are down -0.60%, -0.01%, -0.30%, and -0.53%, respectively. All are above their respective 20-, 50-, 100- and 200 day moving averages. The Spanish IBEX 35 is down -1.14%, while the Italian FTSE MIB is down -0.06%.
From its prior 2,715.16, the Euro Stoxx 50 gapped lower to test support at 2,700, but recovered to breakeven by mid-morning. The index subsequently weakened to 2,701.78 currently. Most market segments are lower. Leaders are consumer goods and oil and gas, which are at least +0.08% higher, and industrials, which are -0.19% lower. Laggards are financials, health care, and technology, which are down at least -0.94%.
Last week, the Euro Stoxx50 and FTSE 100 rose +0.31% and +0.52%, respectively. The CAC 40 and DAX closed down -0.64% and -0.78%, respectively. The prior week the Euro Stoxx50, FTSE 100, CAC 40, and DAX closed up +3.14%, +2.78%, +3.03%, and +1.57%, respectively. In December, the Euro Stoxx50, FTSE 100, CAC 40, and DAX ended up +2.86, +1.45%, +3.73%, and +2.00%, respectively. In November, the Euro Stoxx50, FTSE 100, CAC 40, and DAX closed up +2.86%, +1.45%, +3.73%, and +2.00%, respectively. In 2013, the Euro Stoxx50, FTSE 100, CAC 40, and DAX are up +2.69%, +3.62%, +1.77%, and +1.31%, respectively. In 2012, the indexes closed up +13.8%, +5.84%, +15.2%, and +29.1%, respectively.
Libor, LOIS, Currencies, Treasuries, Commodities:
- USD LIBOR is 0.15950%, unchanged from 0.15950% the prior day. USD 3-month LIBOR is 0.30300%, down from 0.30400% the prior day, and compares to the January 4, 2013 peak of 0.58250%.
- The US Libor-OIS (LOIS) spread is 16.67 bps, compared to 16.30 bps the prior day, and compares to the January 6th high of 50.05 bps. Euribor-OIS is 10.50 bps, up from 10.40 bps the prior day, and down from the December 27th high of 98.80 bps. Moves in the LOIS indicate changes in intra-bank lending risk premiums.
- The 3-month Euro basis swap is -17.634 bps, compared to -17.210 bps the prior day, but up from a trough of -147.00 bps on December 14th and within a normal -10 bps and -40 bps range.
- Spanish 10-year debt yields are 4.98%, compared to 5.03% the prior day. Italian 10-year debt yields are at 4.16%, compared to 4.19% the prior day. German 10-year debt yields are 1.52%, compared to +1.55% the prior day.
- The U.S. government overnight repo rate is 10 bps, unchanged from 10 bps the prior day. The January 2,, 2013, 45 bps rate was the highest since late 2008.
- U.S. Treasury yields are lower, with 2- and 10-year maturities yielding 0.245% and 1.823%, respectively, compared to 0.245% and 1.845% Monday. The yield curve narrowed, with the 2 to 10 year spread at +1.578%, compared to 1.600% the prior day. In the past year, the 2- and 10-year spread varied from a low of +1.174% on July 24, 2012, to a high of +1.998% on March 19, 2012.
- The U.S. dollar is stronger compared to the Japanese yen, but weaker compared to the euro and British pound. The dollar trades at US$79.599 compared to a US$79.386 intraday low and US$79.488 the prior day, and worse compared to its US$80.156 50-day, US$80.058 100-day, and US$80.889 200-day averages. The euro trades at US$1.3324, compared to a US$1.3323 intraday low and US$1.3382 the prior day. The euro trades better compared to its US$1.3324 50-day and US$1.2966 100-day averages, and compares to a multi-year low of US$1.1877 on June 7, 2010. In Japan, the dollar trades at ¥88.41, compared to ¥89.48 the prior day. The yen trades worse than its 50-day moving average ¥83.84.
- Citigroup Economic Surprise Index fell to 8.90, from 10.90 and is down from a recent peak of 60.70 on November 13th. The index turned positive on September 5th. The index is worse than its respective 17.48 5-day and 25.23 10-day moving averages. The index improved significantly from the July 19th -65.30 low, but the index signaled exhaustion on December 20th, and subsequently trended lower. After a lag, the CESIUSD correlates with EPS revisions.
- Commodities prices are mixed, with lower energy, higher precious metals, lower aluminum and copper, and mostly higher agriculture prices.
Volatility, Skew:
- The VIX rose +1.20% to 13.52, from 13.36 at the prior close, which set a new post-2007 closing low. The VIX is -16.7% below its 16.24 20-day moving average. Its 30-day high is 22.72, set December 28th.
- At mid-session, the Euro Stoxx 50 volatility index (V2X) is up +0.26% to 15.74, from 15.70 at the prior day's close, and near 5-year lows. The V2X index trades -6.84% below its 16.90 20-day moving average, -26.28% below the 21.35 30-day high, and +5.41% above the 14.93 30-day low.
- The Hang Seng volatility index (VHSI) closed at 14.53, up +1.82% from 14.27 the prior day. The VHSI index trades -5.84% below its 15.43 20-day moving average. On January 10th, the VHSI closed at its lowest level since 2005.
- CBOE skew fell to 117.19, down -1.64% from 119.14 at the prior day's close, and within a neutral (115-120) range. Spikes in excess of 130 (as last on September 21, but previously on March 12, 15, and 16) correlate well with short-term market tops. The recent high close was 130.60 on September 21st; the recent low was 113.23 on November 14th. The index rarely falls below 110, last on July 31, 2009. The index tracks market tail risks, the cost of buying out-of-the-money, long-dated options, i.e., options not affected by expirations. A rise suggests that investors are buying more puts than calls, a bearish signal.
U.S. news and economic reporting:
- January Empire manufacturing was -7.78, compared to 0.00 survey and -8.10 prior.
- December advance retail sales rose +0.5%, compared to +0.2% survey and +0.4% revised prior. Retails sales ex auto and gas rose +0.6%, compared to +0.4% survey and +0.6% revised prior.
- At 10:00, November business inventories, with +0.3% survey and +0.4% prior.
Overseas News:
- Japan - December preliminary YoY machine tool orders fell -27.5%, compared to -21.3% prior.
- Eurozone - December MoM CPI rose +0.9%, compared to +0.9% survey and +0.9% prior.
Company Ratings/News:
· JPM - Reports earnings on January 16th, $1.20 consensus EPS.
· USB - Reports earnings on January 16th, $0.75 consensus EPS.
· GS - Reports earnings on January 16th, $3.66 consensus EPS.
· BAC - Reports earnings on January 17th, $0.20 consensus EPS.
· BLK - Reports earnings on January 17th, $3.32 consensus EPS.
- C - Reports earnings on January 17th, $0.95 consensus EPS.
· PNC - Reports earnings on January 17th, $1.45 consensus EPS.
· MS - Reports earnings on January 18th, $0.27 consensus EPS.
Price and Selling Exhaustion/Trend Reversal:
· SPX - On a monthly basis,the SPX initiated a buy setup in June 2008, with the month's 1404.05 high setting the resistance level. The setup perfected at 735.09 in February 2009. A sell setup ensued in May 2009. In September 2010, a follow-on setup began. The May 2009 setup perfected in January 2010. Its countdown completed in January 2012, closing at 1312.41 and setting a 1429.36 risk level. The follow-on setup perfected in May 2011. In March 2012, the index closed at 1408.47, above resistance, suggesting further upside. In September 2012, the index closed at 1440.67, above the 1429.36 risk level and suggesting the likelihood of further upside. In October and November, the index closed below the risk level, but above 1404.05 support. Also, the follow-on countdown rose to 8 in September 2012, but hasn't subsequently progressed. In August 2012, the index initiated a new setup, which progressed to 5 in December, when the index closed at 1426.19, compared to 1416.18 the prior month and 1406.58 four months prior. A January close in excess of the 1429.36 risk level would suggest that the uptrend will continue. On a weekly basis, the SPX perfected a sell setup the week ending February 10th, when it closed at 1342.64. On March 30th, the index completed a sell countdown with a 1408.47 close, setting a resistance level of 1446.74. The index signaled selling exhaustion the week ended June 8th, during which the SPX traded to an intraweek 1266.74 low on June 4th, when it perfected a weekly buy setup. The next week's bullish price flip initiated a sell setup that perfected on August 10th at 1405.87. In the week ending January 11th, the index closed up +0.39% at 1472.05, compared to 1466.47 the prior week and 1413.58 close four weeks prior. The sell setup rose to 2. The sell countdown associated with August 10th perfection rose to 11. On a daily basis, the SPX perfected a sell setup on August 15th at 1405.53, and completed its sell countdown on September 13th, with its 1459.99 close. The completion generated a 1492.18 risk level. The index showed weak subsequent trend until November 19th, when a bullish price flip initiated a sell setup with support at 1359.88, the open and intraday low. The index perfected the setup on November 30th with its 1416.18 close, initiating a sell countdown, which completed on January 7th. The completion generated a 1476.89 risk level, based on the SPX's 8.95 point trading range on January 6th and high of 1467.94. On Monday, the SPX fell -0.09% to close at 1470.68, compared to 1472.05 the prior day and 1457.15 4 days prior. The sell setup rose to 4.
- BKX - On a monthly basis, the BKX perfected a buy setup in December 2007, but has yet to complete its associated buy countdown, which is has been a deferred 13 since April 2011. That same month, the BKX initiated a buy setup, but the setup has remained unperfected since December 2011, when the index closed at 39.38. In September 2012, it initiated a sell setup, which rose to 3 in November. In December, the BKX rose +5.60% to end at 51.28, compared to 48.56 at the end of November and 47.19 four months prior. The sell setup rose to 4. The deferred buy countdown would complete with a close above 51.92. On a weekly basis, the BKX recorded a completed buy countdown December 2, 2011. A bullish price flip in the week ending December 16th initiated a sell setup, which perfected the week of February 10th, when the index closed at 44.53. A bearish price flip ensued the week of April 13th, and a buy setup perfected the week of June 8th, when the index closed at 40.86. A bullish price flip occurred on July 27th, and the sell setup perfected on September 21st. Subsequent trends were weak until December 7, when the index initiated a new sell setup. On January 11th, the BKX closed at 53.18, down -0.24% from 53.73 the prior week and 49.26 four weeks prior. The sell setup rose to 6. The sell countdown associated with the September 21st perfection rose to 8. On a daily basis, the BKX signaled selling exhaustion on June 4th, then rallied to 44.65 on June 19th, when it perfected a sell setup. The index completed a sell countdown on August 8th, and on August 15th, perfected a daily follow-on sell setup. On September 6th, the BKX initiated a new setup with its +2.93% gain, which broke through resistance at 47.75. On September 14th, the index completed a sell countdown, followed on September 19th, with an unperfected sell setup. A sell countdown began on September 28th. A bullish price flip on December 6th, was followed on December 14th by a bearish price flip, initiating a buy setup. The index closed Thursday at 51.90, compared to 51.22 at the prior close and 49.26 four days prior. On December 17th, the 50.62 close above the November 1st 50.45 close and above the prior two days' close completed a sell countdown and initiated a sell setup. The completion generated a risk level of 52.89, based on the October 5th 0.88 point trading range and 52.04 intraday high. Monday, the index closed at 52.95, down -0.43% from 53.18 the prior day and 53.26 four days prior. The buy setup rose to 3.
- VIX - On a monthly basis, the VIX perfected an upward setup on January 31, 2008, and reached an upward setup of 7 on October 31, 2008. In November, the VIX fell -14.7%, after rising +0.89% in October, and falling 16.2% in September. The VIX ended December at 18.02, compared to 15.87 at the end of November and 18.93 at the end of July. The bullish price flip initiated a sell setup. On a weekly basis, the VIX perfected a buy setup on January 27th, and a sell setup on June 8th, followed by another perfected buy setup on August 10th. Last week, the VIX fell -2.46% to end at 13.36, compared to 13.83 the prior week, and the 17.00 close 4 weeks prior. The buy setup rose to 2. The buy countdown associated with the August 10th perfection rose to 8. On a daily basis, the VIX reached an sell countdown of 11 on June 4th, and subsequently exhibited a more distinct downward trend with a perfected setup on August 17th, followed by a perfected sell setup on August 31st. Subsequently, the VIX exhibited little in the way of a distinct trend. On November 23rd, the index perfected a sell setup. Monday, the VIX rose +1.20% to 13.52, compared to 13.36 at the prior close and 13.62 at the 4 days' prior close. The sell setup was unchanged with an unperfected 9. The VIX closed -3.57% below the 14.02 support level, and -27.5% below the 18.64 exhaustion level.
- EUR, USD Cross - On a monthly basis, Euro Dollar cross perfected a downward setup on May 30, 2008, at 1.554. Subsequent monthly trends were weak until December 31, 2009, with a monthly decline of -4.56% that brought the index to 1.4321. The downward move continued until July 2010, when from 1.2238, the index rose +7.10%, with an unperfected downward setup in August 2010. The index failed to establish much strong upward momentum, however, peaking at the end of April 2011 at 1.4807, but then trending lower to test the July 2010 lows, when in August 2012, the index completed a buy countdown. In recent months, the trend has been higher, with an upward setup of 3. The cross ended November at 1.2986, compared to 1.2960 the prior month and 1.2667 4 months prior. The sell setup is 3 with a countdown of 1. On a weekly basis, the cross perfected a buy setup on January 6th, followed by another buy setup and completed countdown on June 1, 2012, when the cross closed at 1.2434. After several weeks without much trend, the index initiated an sell setup the week ended August 3rd, when it closed at 1.2387, and the setup perfected on September 28, with a 1.2860 close. The week of January 11th, the index ended at 1.3343, compared to 1.3069 the prior week and 1.3163 4 weeks prior. The sell setup rose to 8. The sell countdown associated with the September 28th perfection rose to 6. On a daily basis, the EURUSD cross perfected a sell setup on September 12th. The subsequent trend was lower, with a buy setup initiated on November 2nd and perfected on November 14th with a 1.2736 close. The index initiated a buy setup the following day and perfected the setup on November 27th at 1.2943. On January 11, the sell countdown stemming from the November 27th completed, setting a 1.3393 risk level. With Monday's +0.29% increase, the EURUSD cross closed at 1.3382, compared to 1.3343 the prior day and 1.3081 four days prior. The sell setup rose to 4.
- USGG10YR - On a monthly basis, the USGG10YR perfected a buy countdown on February 29th, and a buy setup on May 31st. The subsequent trend has been weak. The rate ended November at 1.6156%, compared to 1.6901% the prior month and 1.6449% 4 months prior. The upward setup of 3 with a countdown of 1. On a weekly basis, the index perfected a buy setup on June 8th, but subsequent trends have been weak, with a sell countdown of 8, unchanged since November 16th. On December 7th, a bullish rate flip initiated a sell setup. The rate ended the most recent week at 1.8677%, down from 1.8958% the prior Friday and 1.7015% four weeks prior. The sell setup rose to 6. On a daily basis, the USGG10YR completed a downward setup on May 8th, followed by two downward countdowns on May 17th and June 4th. Subsequent trends were weak until August 3rd, when the rate rose nearly 9 bps to end at 1.5905%, initiating a new upward setup. This setup perfected on August 15th, when the rate ended at 1.8155%. A new downward setup commenced on August 21st, when the rate rose to 1.8610% before ending at 1.7984%, below the prior 4 day's close of 1.8155%. The downward setup perfected on August 31st, when the rate ended at 1.5484%. The trend reversed upward on September 3rd, and the upward setup reached an unperfected 9 on September 18th. After a late October intraday spike to 1.861%, the trend was lower until November 16th, when the rate closed at 1.580%. A bullish price flip on December 7th initiated a sell setup. On December 12th, the rate completed a sell countdown, with a 1.9213% risk level, based on the October 25th 1.8542 high and 0.0671% daily range. On December 19th, the rate perfected its sell setup and initiated a sell countdown. On January 9th, a bearish price flip initiated a buy setup. On Monday, the rate ended at 1.8448%, compared to 1.8677% the prior day and 1.8683% four days prior. The buy setup rose to 4. The sell countdown associated with the December 19th perfection was unchanged at 4.
- NKY - On a monthly basis, the NKY perfected a buy setup on April 30, 2009, and subsequently has traded narrowly. In November, the index rose +5.80%, following an increase of +1.50% in October. On November 30th, a bullish price flip initiated a sell setup. The index closed December at 10,395.18, compared to 9,446.01 the prior month and 8839.91 four months prior. The sell setup rose to 2. The sell countdown associated with the April 2009 perfection was unchanged at 11. On a weekly basis, the NKY perfected a sell setup on March 9th, and a subsequent buy setup on June 1st with a countdown of 8. The index initiated a sell setup on October 26th, and on December 21st, the sell setup perfected, initiating a sell countdown. Notably, on December 28th, the index closed at 10,395.18, +2.01% above 10,190.35 resistance (its April 4th weekly high), suggesting further upside. On January 11th, the index closed at 10,801.57, compared to 10,688.11 the prior week and 9,737.56 four weeks' prior. The sell countdown rose to 4. On a daily basis, the NKY perfected an upward setup on March 27th, and two consecutive downward setups on April 12th, and May 14th, with completed downward countdowns on May 16th and June 4th. The index rallied through August 21st, but then strung together multiple lower closes, perfecting a downward setup on September 5th. The index subsequently rallied, initiating a sell setup on September 7th, which it perfected on September 20th. A buy setup commenced on September 21st, which was perfected on October 3rd. Subsequent trend and momentum were weak until November 15th, when a bullish price flip initiated a sell setup and countdown. The sell setup perfected on November 30th. The associated sell countdown completed on December 28th, when it set a 10,544.28 resistance level. On January 4th, the index opened after the New Year's holiday, and closed above resistance, suggesting further upside. Tuesday, the index rose +0.72% at 10,879.08, compared to 10,801.57 the prior day and 10,508.06 four days prior. The buy setup rose to 2.
- HSI - On a monthly basis, the HSI perfected a downward countdown on March 31, 2009, and two subsequent perfected upward setups on December 31, 2009 and May 31, 2011. The index has yet to reach its 24,923.28 price exhaustion target. The index has risen in each of the past four months and ended December at 22,656.92, compared to 21,641.82 the prior month and 19,441.46 four months prior. The sell setup rose to 3, with a countdown of 11. On a weekly basis, the HSI perfected an upward setup on March 2nd, and subsequently traded to a low close of 18,185.59 on June 4th. After a period of weak trend, the index established a new sell setup and countdown in the week ending September 14th. The index perfected the setup on November 9th, and initiated a new sell setup on December 7th. On January 11th, the index closed at 23,264.07, compared to 23,331.09 the prior week and 22,605.98 four weeks prior. The sell setup rose to 7. The sell countdown rose to 7. The index closed -4.11% below resistance at 24,260.77, the April 29, 2011, intraweek high. On a daily basis, the HSI perfected a sell setup and completed an upward countdown on August 8th. After September 5th's lower close, the index perfected a buy setup. An sell setup commenced on September 9th, followed by a completed countdown on October 24th, with a trend of 22,071.74, and another perfected setup on October 25th. It completed another sell countdown on December 6th. The index perfected another sell setup on December 14th. On Tuesday, the HSI closed down -0.14% at 23,381.51, compared to 23,413.26 the prior day, and 23,218.47 four days prior. The sell setup rose to 2. The sell countdown associated with the December 14th perfection was unchanged at 9.
- SHCOMP - On a monthly basis, the SHCOMP perfected a buy setup on September 30, 2008, and subsequently rallied to an August 31, 2009, high, but without perfecting a subsequent sell setup. Since then, the SHCOMP resumed a downward trend perfecting another buy setup on January 31, 2012. The index ended December at 2,269.13, above support at 1,987.13, and compared to 1,980.12 the prior month and 2,047.52 four months prior. The bullish price flip initiated a sell setup. The current monthly buy countdown was unchanged at 6. On a weekly basis, the SHCOMP last perfected a buy setup on April 8, 2011. The index has subsequently trended lower, with a downward perfected setup on September 23, 2011, and January 6, 2012 countdown completion, when it closed at 2,163.40. The index rallied to a high of 2,476.22 during the week ending March 16th, but without perfecting an upward setup. On July 13th, the index perfected a buy setup. In subsequent weeks, it traded below the sales exhaustion target of 2148.45 to a 1980.12 close on November 30th, when the buy countdown reached 11. On January 11th, the index closed the week down -1.49% at 2,243.00, compared to 2,276.99 the prior week and 2,150.63 four weeks prior. The sell setup rose to 5. The buy countdown associated with the July 13th perfection was unchanged at 11. The index closed -6.98% below weekly resistance level is 2,411.27, the May 18, 2012, intraweek high. On a daily basis, the SHCOMP perfected a buy setup and a completed a downward countdown on June 28th, but sold through the 2,170.95 exhaustion target on July 23rd to the September 5th 2037.68 closing low. On August 20th, the index perfected a buy setup carryover from August 2nd, and the index perfected another buy setup on August 27th, with completed buy countdowns September 5th and 24th. On September 25th, the index perfected another buy setup. The buy countdown was completed on November 19th. On November 8th, when the index initiated a buy setup at 2,091.25. The index perfected that buy setup on November 20th at 2,004.17. On December 4th, a bullish price flip initiated a sell setup. On January 14th, the sell setup that began on December 25th perfected; also, the bullish price flip initiated a follow-on sell setup. Tuesday, the index closed up +0.60% at 2,325.68, compared to 2,311.74 at the prior close and 2,275.34 4 days prior. The sell setup rose to 2. The sell countdown associated with the December 25th sell setup was unchanged 9.
- SX5E - On a monthly basis, the Euro Stoxx50 last perfected an sell setup on May 31, 2007. It perfected a buy setup on September 30, 2008. The buy countdown completed in May 2012. A bullish price flip in August initiated a sell setup, which rose to 5 in December. The index closed at 2,635.91, compared to 2,575.25 the prior month and 2,440.71 four weeks prior. On a weekly basis, the index trends are more pronounced, having perfected an sell setup on March 9th, followed by a buy setup on May 25th, followed by a weekly close 2119.19, below the sales exhaustion target. The index subsequently rallied to perfect a sell setup on August 10th. The upward countdown reached 10 on September 14th. A bullish price flip the week of November 23rd initiated a sell setup that closed the following week at 2,575.25, above the price exhaustion target of 2,563.46. In the week ended January 11th, the index rose +0.31% to close at 2,717.79, compared to 2,709.35 the prior week and 2,630.54 at the 4 weeks' prior close. The sell setup rose to 8. The sell countdown rose to 12. On a daily basis, the index perfected a downward setup on May 14th, when it closed at 2,201.95. The index subsequently rallied through a perfected sell setup on June 18th and completed its sell countdown on July 24th. On September 13th, the index perfected an upward setup. Daily trends were weak through November 16th, without sustained upward or downward setups and countdowns. Strong gains on November 19th initiated an upward setup. On November 29th, the index perfected an upward setup. On January 3rd, the index completed the associated countdown and set a 2,786.57 risk level, based on the prior day's 2,711.25 high and 51.46 intraday range. Monday, the index fell -0.10% to 2,715.16, from 2,717.79 the prior day and 2,691.45 at the prior 4 days' close. The sell setup rose to 2.
4Q2012 Earnings. Early 4th quarter earnings reports are positive, beating on both EPS and sales/revenues. Of 30 reporting companies, 23 or 76.7% surprised positively on earnings, beating by an average +4.27%. Of reporting companies, 21 or 70.0% have reported sales and revenues in excess of estimates.
Valuation. The SPX trades at 14.2x estimated 2012 earnings ($103.41), 13.3x estimated 2013 earnings ($110.17), and 11.9x estimated 2014 earnings ($123.51). The 10-year average median price/earnings multiple is 15.9x. Analysts expect 2012 and 2013 earnings to exceed actual 2011 earnings ($96.97) by +8.89% and +16.8%, respectively.
Options. Options markets are neutral to bullish. Composite options are bullish, index options are bullish, and equity options markets are neutral. The composite put/call ratio is 0.80 compared to 0.71 the prior day, and better compared to its 5- and 10-period moving averages of 0.81 and 0.90, respectively. The index put/call ratio fell to 0.73, from 0.87 the prior day, and better compared to its 5- and 10-period moving averages of 0.81 and 0.90, respectively. The equity put/call ratio closed the day at 0.73 compared to 0.87 the prior day, and worse than its 5- and 10-period moving averages of 0.85 and 0.84, respectively.
NYSE Indicators. Volume fell -6.71% to 5590.49 million shares, from 632.96 million shares the prior day, 0.83x the 713.33 million share 20-day moving average. Market breadth was negative, and up volume lagged down volume. Advancing stocks lagged decliners by -8 (compared to +120 the prior day), or 0.99:1. Up volume lagged down volume by 0.82:1.
BKX. Volume fell -13.6%,and the KBW bank index closed at 52.95, down -0.43% from 53.18 at the prior close. Volume slowed to 47.737 million shares, from 55.271 million shares the prior day, or 0.76:1x the 62.550 million share 15-day moving average. The index opened slightly higher, but by mid-morning dropped to the 52.61 intraday low. The index rose back to 52.90 by mid-session and traded narrowly through the close. Large cap banks underperformed the regional banks, as the KRX rose +0.49%.
Last week, the BKX fell -0.78%. On the month and for the year, the BKX is up +3.34%. In December, the BKX closed up +5.60%. In November, the index closed off -2.10%. The index rose +0.04% in October, and +5.06% and +3.67% in September and August, respectively. In 2012, the index rose +30.2%, compared to a +13.4% rise in the SPX.
The BKX has closed above 50 since December 17th. The BKX closed -8.63% below its April 23, 2010 close (the post-2008 high point), but +62.6% above the 32.56 low on October 4, 2011. Large-cap bank stocks have outperformed the broader market's rebound, which is up +37.0% in the same period. Technical indicators are positive as the index closed +1.84%, +5.89%, +6.44%, and +10.7% above its 20-, 50-, 100-, and 200-day moving averages. Its 20-, 50-, 100-, and 200-day moving averages now have a positive slope. The 20-day moving average crossed above its 50-day moving average on December 21st. The index has closed above its 100-day moving average since August 7th. The 20-day moving average rose +17 bps. The 50-day moving average rose +7 bps. Its 100-day moving average rose +7 bps, and the 200-day moving average rose +2 bps. The 20-day closed (by +1.99 points) above the 50-day. The 50-day moving average has closed (by +2.18 points) above the 200-day moving average since February 22nd. The 100-day moving average closed (by +1.92 points) above the 200-day moving average since March 19th, and the gap expanded +4 bps.
The directional movement indicator is positive, but narrowed to 11.704, from 13.956 the prior day. Relative strength fell to 61.02, from 63.25 the prior day, in a neutral range. Next resistance is 53.26; next support at 52.63.Themes: SPX, DJI, CCMP, NYA, FTSE, DAX, TRAN, BKX, KRE, RTY, USGG10YR, EURUSD, JPYIUSD, SHCOMP, HSI, NKY, UKX, CAC Stocks: JPM, USB, GS, BAC, C, PNC, MS, BLKBack To Gary Townsend's Instablog HomePage »
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United States Post Office (Goshen, New York)
U.S. Post Office
Front (south) elevation, 2007
|Goshen, New York
|Nearest city
|41°24′07″N 74°19′33″W / 41.40194°N 74.32583°WCoordinates: 41°24′07″N 74°19′33″W / 41.40194°N 74.32583°W
|E.P. Valkenburgh
|Architectural style
|Colonial Revival
|Governing body
|U.S. Postal Service
|US Post Offices in New York State, 1858-1943, TR
|NRHP Reference #
|Added to NRHP
|May 11, 1989
The U.S. Post Office in Goshen, New York, United States, is located on Grand Street downtown in the village of Goshen. It serves ZIP Code 10924, roughly contiguous with the village and town. The brick Colonial Revival building was completed in 1936, and added to the National Register of Historic Places in 1989.
E.P. Valkenburgh's design is smaller than most Colonial Revival post offices built during the New Deal in the state. It also features a high degree of decoration for a small post office in that style. The front lobby features a mural of Goshen's major landmark, the Historic Track, by Georgina Klitgaard, that was controversial when the post office was built.
The post office is a one-and-half-story, five-by-three-bay steel frame building that occupies most of the lot on the north side of Grand between Canal and Main streets. It is faced in Harvard-style brick laid in common bond. The foundation is done in molded brick except for a stonework area near the entrance.[1]
A three-bay front pavilion, projected slightly, contains the entrance area, framed with engaged pilasters supporting a plain entablature and denticulated pediment with a cast iron eagle and "UNITED STATES POST OFFICE GOSHEN NEW YORK" in bronze letters on the tympanum. It is flanked by two windows with cast-stone trim and cast iron lanterns. The front windows are shallow-arched, with brick surrounds, keystones and spring blocks.[1]
The steeply pitched gabled roof is tiled in slate and topped by an octagonal cupola with louvered openings, a copper dome and weather vane. The roofline is marked by a modillioned cornice with side returns.[1]
Inside, the vestibule is finished in the original wood. It gives onto the lobby, with a terrazzo floor. The walls have vertical-planked wooden wainscoting topped by modillions. They rise to a coved ceiling with stepped panels.[1]
The original light fixtures has been replaced with fluorescent lights, but otherwise the customer service windows and teller bays are intact save where one of the latter has been replaced with bronze lockboxes. Klitgaard's 5'5" by 11' (1.7 by 3.4 m) mural, "The Running of the Hambletonian Stake", depicting a harness race at the nearby Historic Track, is just below the ceiling on the east wall.[1]
Smaller than most other small Colonial Revival Depression-era post offices in New York, the Goshen design does not appear to have been duplicated elsewhere in New York as others were (such as Suffern's and Waverly's). Valkenburgh's other New York post office, in Catskill, another small Hudson Valley county seat, is distinctly different.[1]
The building does, however, share with some other contemporary Colonial Revival post offices, such as Dobbs Ferry and Hudson Falls its fine detail. Those buildings, too, share steep gable roofs, ornamented ends and classically inspired entryways.[1]
Goshen's first post office was built shortly after the Revolution. Over the years it was operated from several different buildings in the village. The current building was one of many authorized by Congress in a 1931 amendment to the Public Buildings Act of 1926, when it expanded the scope of the program in response to rising unemployment at the start of the Depression. Funds were not appropriated until 1934.[1]
The site chosen, across from what was then the Erie Railroad station, now the headquarters of the village police department, had been vacant since the Elmo Hotel burned down in 1920. In November 1934 it was condemned by the Treasury Department, the Post Office's then-parent agency. Samuel Plato was awarded the $85,000 ($1,470,000 in contemporary dollars[2]) contract and construction of the new building was completed in early 1936.[1]
Klitgaard's mural was added the following year. Postal murals of the era were supposed to focus on local history and contemporary life, but the Treasury Department's Fine Arts Section strongly objected to her intention to paint the track, since it considered harness racing to be an inappropriate subject for public art, asking her to paint a local landscape instead. The community indicated its strong support of the track, and she was allowed to paint it.[1]
There have been few modifications to the building since then, primarily in the rear portions of the interior. In 1978, a wheelchair access ramp was built on the front.[1]
- ^ a b c d e f g h i j k l Gobrecht, Larry (December 1986). "National Register of Historic Places nomination, U.S. Post Office--Goshen". New York State Office of Parks, Recreation and Historic Preservation. Retrieved February 19, 2009.
- ^ Inflated values automatically calculated.
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USA Today
The best companies get to the top because they have big ideas -- what management writers Jim Collins and Jerry Porras call a BHAG (pronounced BEE-hag) for "big, hairy, audacious goal." Innovative leaders see an opportunity others don't. Then they turn the seemingly impossible into the obvious.
If companies can do this, why not countries? Let us suggest three for the decade ahead:
» Balance the budget: This could be done. What stands in the way is political cowardice and opportunism. Voters like getting $1 trillion more in services each year than they pay for, so vote-seeking pols feed their delusion. Tough decisions are ducked.
Non-partisan budget experts, fearing a relapse into recession, think a more realistic 10-year goal is to reduce deficits to about 3 percent of the gross domestic product. But who will rally around a "3 percent of GDP!" target? Public support is critical to success.
A leader needs to shift attitudes from "don't hurt me" to a wartime psychology of "everyone does his share." Painful packages of spending cuts and tax hikes in 1990 and 1993 combined with a robust economy to balance the budget for four straight years. Nothing would do more to protect future prosperity and generate confidence than doing it again.
» Make the U.S. energy independent: Few things have the power to transform the U.S. economy as much as cheap, plentiful energy. Yet America imports 42 percent of its oil, leaving itself vulnerable to supplies from unstable parts of the world.
Now an opportunity is at hand. Huge new domestic supplies of natural gas and oil from hydraulic "fracking" are making independence attainable. Cheap natural gas can help create domestic manufacturing jobs; it's already happening.
Why not make the goal United States independence?
» Put U.S. students at the top: American kids aren't there now, not even close. More money isn't necessarily the answer; the U.S. already spends prodigious amounts on education, just not always wisely. A key is improving teacher quality by recruiting top-performing college graduates, holding them accountable, and making teaching as important and highly regarded a career destination as Wall Street or Silicon Valley.
Setting ambitious, measurable goals can change the dynamic of an organization or a nation. It can restore a common sense of purpose. Achieving just one of these goals would be a huge boost for the United State. Achieving all three would help ensure that the 2000s can be another American Century.


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July 17, 2012
Patton named to Biletnikoff Award watch list
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TALLAHASSEE, Fla. -- The preseason accolades kept rolling in Tuesday for Louisiana Tech as wide receiver Quinton Patton was named to the Biletnikoff Award Watch List.
Patton is the fourth Louisiana Tech player to be listed on a preseason watch list joining Ryan Allen (Ray Guy Award), Chad Boyd (Jim Thorpe Award) and Stephen Warner (Outland Trophy, Rimington Trophy).
The redshirt senior finished the 2011 campaign with 79 catches for 1,202 yards and 11 touchdowns, averaging 15.2 yards per catch and ranking 21st in the nation in receiving. Patton also returned eight punts for 27 yards and six kickoffs for 98 yards on the year.
As Patton continued wow crowds with his athletic ability on the field he also garnered national headlines off the field. During the team's trip to San Diego, Calif. for the Poinsettia Bowl last season, Patton national media's eye as he selflessly gave one of his bowl gifts (a $300 Best Buy gift card) to one of the kids at the bowl's Make-A-Wish Foundation event. He followed that on gameday by wheeling out another Make-A-Wish Foundation kid, pushing his wheelchair along with the Bulldogs as the team ran out of the tunnel and onto the field prior to the game.
With his famous last name and proven ability to lead his team, Bulldog fans everywhere have quickly nicknamed him "General" Patton.
After Louisiana Tech's overtime loss to Mississippi State early in the season, State cornerback Jonathan Banks paid tribute to Patton's ability in an interview with ESPN.com saying, "I feel like (Quinton Patton) from Louisiana Tech is the best receiver I've played against since I've been here. I've gone against some good ones in the SEC, too, but he's probably the most complete."
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Interesting Stuff:
A Commentary on Contemporary
Consumption Rituals
Dennis W. Rook
University of Southern California
I read the chapters included in this collection with atypical enthusiasm. In selecting which one to read next, I sometimes felt like I was looking at a 2–pound Godiva chocolate sampler. Am I in the mood for binge drinking rituals, or for public disrobement in the streets of New Orleans? Or perhaps a baby shower? This was fun, and it made for several intellectually stimulating days. When I finished reading all the chapters, I came to the following conclusions.
When I completed my reading, my omnibus reaction was "Wow, what an interesting assemblage of material. " This reaction is similar to the feelings I experienced frequently 20 years ago, when I began working on my dissertation about ritualized consumption under Sidney Levy's guidance. The literature was vast, and spanned the anthropological, sociological, and psychological fields; it also extended far back in time. Ultimately, I discovered that rituals were riveting phenomena, both in their own right, and certainly in comparison to the more narrowly circumscribed information-processing experiments that dominated the consumer research field ated the consumer.
Looking back, it seems odd how frequently I had to defend the relevance of rituals to skeptical scholars. Reading this volume leaves no doubt about the significant social, psychological, and cultural impact of consumption rituals on people's lives, all over the world. The marketplace significance of rituals is also striking. Consumers' participation in holiday, event-driven, familial, religious, workplace, and transition rituals trigger huge expenditures with predictable regularity. But, what would the economy be like without such extensive involvements in ritual-related


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TAGS: Cancer Care; Genetic Testing; Tweet Announcement A Sampling of Promising Cancer Science Highlighted at Major Meeting By Jim StallardTuesday, April 21, 2015 MSK physician-scientists reported hopeful news from several clinical studies at the annual meeting of the American Association for Cancer Research. TAGS: Discoveries & Advances; Tweet In the Lab Why a New Immunotherapy for Lung Cancer Works for Only Some People By Eva KieslerThursday, April 16, 2015 According to an MSK study, a powerful immunotherapy drug for lung cancer works better in people whose tumors carry a lot of mutations caused by tobacco smoke. TAGS: Research; Cancer Genetics & Genomics; Lab Research; Tweet Prevention Colorectal Cancer Screening Prevents Cancer, Saves Lives By Marijke Vroomen DurningTuesday, April 14, 2015 Having a regular screening colonoscopy is your best defense against colon and rectal cancer. TAGS: Cancer Care; Screening; Colonoscopy; Tweet In the Lab Outsmarting Cancer's Survival Skills By Esther NapolitanoThursday, April 9, 2015 A new study led by MSK investigators reveals how some cancer cells become resistant to targeted treatment and suggests what might be done to stop that from happening. TAGS: Lab Research; Research; Personalized Medicine; Cancer Genetics & Genomics; Cell Signaling & Regulation; Metastasis & Drug Resistance; Solid Tumor Oncogenesis; Tweet Learning Curve Teaching Doctors to Think Like Patients By Mona IskanderTuesday, April 7, 2015 Memorial Sloan Kettering's Comskil program helps doctors improve their communication skills — and their relationships with their patients. TAGS: Education & Training; Tweet Feature The Future of Cancer: Five Reasons for Optimism By Eva KieslerWednesday, April 1, 2015 Learn about five hot science areas that are changing the way we understand and treat cancer. TAGS: Research; Cancer Genetics & Genomics; Cancer Immunotherapy & Vaccines; Cell-Based Therapy; Lab Research; Clinical Research; Epigenetics; Metastasis & Drug Resistance; Targeted Therapy; Tweet In the Clinic "Living Therapies" Developed at MSK Provide New Approach for Cancer Treatment By Julie GrishamTuesday, March 31, 2015 Cell therapies that use patients' own immune cells to attack cancer are a promising and rapidly growing area of research. TAGS: Cancer Care; Clinical Trials; Treatment; Immunotherapy; Personalized Medicine; Research; Cancer Immunotherapy & Vaccines; Cell-Based Therapy; Lab Research; Clinical Research; Immunology; Tweet Event Three Days in the Life of Memorial Sloan Kettering By Jennifer CastoroMonday, March 30, 2015 While you're watching the three-part Cancer: The Emperor of All Maladies, here's an idea of what we're doing to care for our patients. TAGS: Cancer Care; Tweet Event Considering the Human Side — and the History — of Cancer By Jennifer CastoroThursday, March 26, 2015 MSK employees previewed the upcoming documentary Cancer: The Emperor of All Maladies, which features several of our scientists and their research. Tweet Pagination Show More Connect with us Stay Informed Get the latest information about cancer care and research every month. Sloan Kettering @sloan_kettering Tweets by @sloan_kettering


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After Lotus scored its first points of the season in Spain two weeks ago, the team was optimistic that the positive progress would continue in Monaco.
Grosjean easily made it through to Q3 at the Circuit de Barcelona-Catalunya and was able to finish eighth in the race despite a problem with his Renault power-unit.
However, both Grosjean and his team-mate Pastor Maldonado suffered disappointment in qualifying for Sunday's Monaco Grand Prix and will start the race from 15th and 16th on the grid.
The Enstone-based outfit's E22 has proved to lack performance in Monaco's slow corners, which was a concern prior to the race weekend.
Things looked a little more promising on Thursday, but the qualifying simulations in third practice on Saturday morning made Grosjean and Maldonado's struggles clear and their race pace doesn't look particularly strong either.
Both drivers were elevated a position on the grid thanks to Felipe Massa failing to compete in Q2 following a clash with Marcus Ericsson in the opening session.
Grosjean admitted after qualifying that the car simply "wasn't fast enough"; while Maldonado said he was hoping for a better result.
When asked how the session went for Lotus, trackside operations director Alan Permane added: "Disappointing, we simply didn't have the pace through the slow speed corners here. Unfortunately, there are rather a lot of low speed corners here which means we've struggled relative to our rivals and fourteen and fifteen on the grid is the result."
It looks unlikely that the team will be able to add to its points tally in Monaco, as overtaking is notoriously tricky and more durable tyres may limit potential strategies.
Image courtesy of Octane Photographic


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Please accept my apology. I lost my temper during my husband's unsuccessful 1974 congressional campaign. Bill's campaign adviser, Paul Fray, and his wife publicly claim that I called Fray a "f---ing Jew bastard." I don't recall this, but assuming I did, what was I thinking? It wasn't my heart.
Sincerely yours, Sen. Hillary Rodham Clinton
Dear Jesse Jackson and local Little Rock, Ark., black activist Robert "Say" McIntosh,
Former Arkansas State Trooper Larry Patterson publicly claimed I referred to the two of you as "n--gers." Ditto what Hillary just said.
Sincerely, Former President of the United States Bill Clinton
Dear Ward Connerly and anyone in an interracial relationship,
When you led the successful campaign in California to end race-based preferences, I criticized you, a black man, saying, "He's married a white woman. He wants to be white. He wants a colorless society. He has no ethnic pride. He doesn't want to be black." My bad.
Sincerely, Rep. Diane Watson, D-Calif.
Dear Republican National Committee,
Please accept my apology for saying, after the Republicans took over Congress in 1994, "It's not 'spic' or 'n--ger' anymore. They say 'let's cut taxes.'" Also, I apologize for, following Katrina, publicly saying, "George Bush is our Bull Connor" -- referring to the former Birmingham, Ala., police commissioner, who turned water hoses and dogs on civil rights workers. My head and heart were clashing.
Rep. Charlie Rangel, D-N.Y., incoming House Ways and Means Committee chairman
Dear Anti-Defamation League and White Community,
Please accept my apologies for calling whites "interlopers" and referring to Jews as "diamond merchants," and, during a conflict between Jews and blacks, saying, "If the Jews want to get it on, tell them to pin their yarmulkes back and come over to my house." They were mistakes of the head, not the heart.
Rev. Al Sharpton, civil rights activist and former host of "Saturday Night Live"
Dear Colin Powell, Condoleezza Rice and other minority members of the Bush administration,
Please accept my apology for, while co-hosting a radio show in 2001, calling Bush's minority appointees "Uncle Tom types." I made a mistake of the head, not of the heart.
Sincerely yours, Gloria Allred, attorney at law, currently representing the black "victims" of Michael Richards' racist rant
Now, don't we all feel better?
15 Excerpts That Show How Radical, Weird And Out of Touch College Campuses Have Become | John Hawkins
People who approve publishing lists of gun owners cry foul over published list of Muslims | Jazz Shaw


text:
Application for Registration
This form is to be used by individuals in business, partnerships, corporations (also called business or legal persons), trusts, associations, cooperatives, organizations and any other entities that wish to register with Revenu Québec for the GST/HST, the QST, Tax on insurance premiums, Tax on lodging, Municipal tax for 9-1-1, source deductions or corporation income tax.
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On our Half Day Snorkeling Trip, we will depart at 8:00 am for the neighbor island of Lanai. Lanai offers some of the most pristine snorkeling around and is also home to spotted, spinner, and bottlenose dolphins. On this 4.5 hour trip we will visit (at least) 2-3 different and unique snorkel spots as well as dolphin watching opportunities. More…
The Full Day Snorkel Trip is the adventure of a lifetime and is available for private charter from December through May. This trip departs at 7:00am in order to take advantage of the early calm weather and travels around the entire island of Lanai. This trip is off the beaten path for sure.
On our mid-day trip we will depart Lahaina Harbor at 10:00 am for a 4 hour Maui Snorkeling trip. This trip will visit the superb snorkel spots Maui has to offer, including the Hawaiian Green Sea Turtles. If weather permits we will also venture over to the island of Lanai for some snorkeling and dolphin sighting. More…
You can enjoy your very own unique adventure aboard one of our rafts with a private charter. With this option you can choose the focus of your trip. With this option you can pick and choose what you would like to do more of, whether it be snorkeling, sightseeing, dolphin sighting, turtles, whale watching etc. More…
We are a small family company and we know that times are still tough out there. We also know that there a lot of choices for you when you are planning your snorkeling and whale watching adventures.
As we head into the next Whale Watch Season this fall, we would like to take this opportunity to say thank you for your business.
On each trip you will enjoy the personal touch afforded by our smaller boats, no overcrowding here. Each trip offers superb snorkeling as well as marine wildlife encounters.
Several species of dolphin call the island of Lanai their home, we usually encounter the Hawaiian Spinner Dolphins and the Pan-tropical Spotted Dolphins, as well as the occasional pod of Bottle nose Dolphin.
The Hawaiian Green Sea Turtles are also very common, and larger than you may expect when you see them up close.
Our smaller boats offer a personal touch you can't get sharing a Whale Watching trip with 60 other people.. Go on a half-day Maui snorkeling or Whale Watching adventure. Outings to the island of Lanai invite superb snorkeling and breathtaking landscapes far from the beaten path. The dolphins are a sure favorite among our visitors, it is an unforgettable experience to be up close and personal. Visit pristine coral reefs. The reefs of Maui and Lanai not only team with abundant and colorful fishes, but also the Hawaiian green sea turtles. Our craft allow for non-invasive Whale Watching during whale season( Dec-May) and range in duration from 4 to 8 hours offering a perfect fit for your vacation.
If you choose a half day trip you can get a full 5hours in and be back in Lahaina in time for lunch on Front Street. You can be assured you will be treated like family by our experienced Captains and crew.


text: Hicks, Twins Rally To 4-3 Victory Over Orioles By Associated Press April 7, 2013 | ESPN 99.1 The Minnesota Twins aren't playing like a team content to muddle through rebuilding. Aaron Hicks ended a 0-for-13 skid with a tiebreaking RBI single in a two-run seventh inning, rallying the Twins past the Baltimore Orioles 4-3 on Sunday. Read More|Comment Category: Sports Tags: Minnesota Twins, MLB Send to a friend! Share on Facebook Share on Twitter Pin it! Reddit This! Share on Tumblr!


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Al-Qaida in Iraq's emir, Abu Musab al Zarqawi, provided us with the most telling insight into al-Qaida's assessment of our strength and al-Qaida's huge problems -- problems existing on Arab Muslim turf. Intercepted in Iraq in January 2004, Zarqawi's letter to al-Qaida's senior leaders bewailed the attraction of democracy in Iraq.
A secular, democratic state run by Iraqis was his nightmare, and would seal al-Qaida's defeat in Iraq. This "new Iraq" would also create a modernizing political option in the Middle East. Zarqawi concluded he had to foment a sectarian war in Iraq between Shia and Sunni Arabs, and the resulting bloodshed and chaos would inflict a psychological and military defeat on the U.S. and its Iraqi allies.
Measured by the grand map of the would-be caliphate, al-Qaida has arguably lost significant ground since 2001. Several Sunni and Shia conflicts continue, but the strife Zarqawi sought to fatally ignite failed to shatter Iraq. He did incite defeatists in the U.S., but it was Zarqawi who was defeated in Iraq.
Pakistan teeters -- it remains a radical Islamist opportunity, but its success depends on Pashtun tribal fortunes. The same al-Qaida dependency obtains in Afghanistan. If Pashtun Taliban factions choose to make new political settlements in Pakistan or Afghanistan, the al-Qaida commanders they currently harbor are a trading card for concessions in both Kabul and Islamabad.
Al-Qaida's ideology remains psychologically influential, and Hasan is likely an example of a sympathizer turned terrorist operative on his own initiative. Hasans are a definite danger. In the aftermath of his assault, Americans are more closely evaluating violent, anti-American threats as indicative steps toward violent, terrorist action.
Diminishing the space for domestic terrorist sympathizers may well be the fruit of his murders. And that would be another defeat for al-Qaida's tyrants.
Austin Bay is the author of three novels. His third novel, The Wrong Side of Brightness, was published by Putnam/Jove in June 2003. He has also co-authored four non-fiction books, to include A Quick and Dirty Guide to War: Third Edition (with James Dunnigan, Morrow, 1996).
Be the first to read Austin Bay's column. Sign up today and receive Townhall.com delivered each morning to your inbox.
McCain: Let's face it, Trump's rhetoric is turning Muslims all over the world against us | Allahpundit


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University Relations Office
University of Wisconsin-Superior
Old Main 314
Belknap and Catlin
P.O. Box 2000
Superior, WI 54880
ph. 715-394-8213
fax. 715-394-8097
University Marketing and Communications
Calendar of Events
|UW-Superior ranked as one of the Most Affordable Online Colleges for Bachelor's Degrees
|UW-Superior named a Military Friendly School for 6th year in a row
|Writing Center assists UW-Superior students
|Professor Emeritus George Gott Published New Poetry Collection
|UW-Superior Students Present Research at National Conference


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Level 3 sex offender moves to Taft Avenue in Bremerton
BREMERTON - A level 3 sex offender has moved to the 1900 block of Taft Avenue in Bremerton.
Christopher S. Smith, 32, was convicted of third-degree child molestation in 1998 after he sexually assaulted a 12-year-old girl. In 2004, he was convicted of attempted third-degree rape of a child after having sexual contact with a 15-year-old girl.
Smith is described as 5-foot-6-inches, 145 pounds with brown hair and hazel-colored eyes.
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Sandusky Elementary School
Public School | Grades PK-5 | Lynchburg City Public Schools
Lynchburg, VA 24502
(434) 582-1111
About This School
Sandusky Elementary School is located in Lynchburg, VA and is one of 11 elementary schools in Lynchburg City Public Schools School District. It is a public school that serves 347 students in grades PK-5. See Sandusky Elementary School's test results to learn more about school performance.
In 2011, Sandusky Elementary School had 17 students for every full-time equivalent teacher. The Virginia average is 18 students per full-time equivalent teacher.
In 2011, Sandusky Elementary School had 17 students for every full-time equivalent teacher. The Virginia average is 18 students per full-time equivalent teacher.
Student Ethnicity (2011)
Students (2011)
Students Per Teacher (2011)
Female/Male (2011)
44% 56%
Subsidized Lunch (2011)
District Spending (2010)
$10,908per student
See All Test Scores
All Grades VA Studies Performance
Standards of Learning (SOL) Content Specific History (CSH) Test Results
write a review
Sandusky Elementary School Reviews
By coopz, a Parent on
My son has a GREAT Kindergarten teacher. She really knows how to help him and genuinely cares for her students. This is his second teacher; the first was a little young and nieve and thought he was ADD. But I am very happy with rest of the school and what it has done for our son. My son has a speech problem; but with his teacher and therapist ; it seems to be going very good.
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text: We enjoyed our meal at meson San Fernando. It was quiet which concerned me but still managed a good ambiance and traditional decor with proper cloth napkins and tablecloths..sadly getting quite unusual these days! We enjoyed a tasty mixed starter and fried green peppers. For the English its a bit... read more


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Foundation, empire and robots
View Single Post
July 5 2013, 01:06 PM
Allyn Gibson
Vice Admiral
Location: South Pennsyltucky
Re: Foundation, empire and robots
JoeZhang wrote:
1) What did you think of the Greg Bear foundation trilogy?
The first book, Gregory Benford's
Foundation's Fear
is... Well, Benford updates the Foundation universe to account for modern science, and what you get is interesting but very flawed.
The second book, Greg Bear's
Foundation and Chaos
, is much better.
The third book, David Brin's
Foundation's Triumph
, is the best official
novel since
Foundation's Edge
JoeZhang wrote:
2) Anyone read Pyschohistorical Crisis by Donald Kingsbury - I've heard good things about it and was looking to pick up a second hand copy
Do it.
JoeZhang wrote:
3) Do you think that Asimov was ultimately successful in melding together his two universes?
In general, yes.
"When David Marcus cited the great thinkers of history -- "Newton, Einstein, Surak" -- Newt Gingrich did not make his list." --
24 January 2012
Allyn Gibson
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text:
Probe may answer if Palestinian leader was poisoned
French prosecutors opened a murder inquiry into the death of Yasser Arafat on Tuesday, his widow's lawyer said, after she and a TV investigation raised new questions about whether the Palestinian leader was poisoned.
Many in the Arab world have long suspected that Arafat was poisoned, and a Swiss lab's recent finding of elevated levels of polonium-210 — a rare and highly lethal radioactive substance — on Arafat's clothing has fed those claims.
However, the Institute of Radiation Physics said its findings were inconclusive and that only exhuming Arafat's remains could bring possible clarity. Palestinian officials have waffled on that matter — initially approving the exhumation and then saying the matter needed more study — only further fueling suspicions.
Arafat died in a French military hospital outside Paris in 2004 of what doctors have said was a massive stroke, but the Swiss lab's tests have renewed interest in his death. The findings were first broadcast by Arab satellite TV station Al-Jazeera, which approached the lab on behalf of Arafat's widow, Suha. She provided the lab with his clothing and other belongings.
After the results were released, Suha Arafat filed a complaint asking for a murder investigation. Her lawyer, Pierre-Olivier Sur, confirmed on Tuesday that the prosecutor's office in Nanterre, the seat of the district where the military hospital is, has agreed to take up the matter. Next, a judge will be appointed to lead the inquiry.
Although Palestinian officials have long accused Israel of being involved in Arafat's death, Israel has vehemently denied those charges.


text:
Vanguard misses out on Arizona Medicaid contract extension
Arizona health care officials have told Vanguard Health Systems that the company's Phoenix Health Plan's contract to provide acute care to almost 200,000 Medicaid enrollees will not be extended.
The move means Vanguard's work with the Arizona Health Care Cost Containment System in nine counties will end Sept. 30. The company has asked to receive a capped contract in two of the counties that would let it continue to work with its 116,200 current members there. A response to that request is expected this week.
"After serving the residents of Arizona for nearly 30 years under the AHCCCS program, we were both surprised and disappointed to receive this news," said Vanguard Chairman, President and CEO Charlie Martin. "The Company will continue to pursue vigorously the opportunity to continue to serve the residents of Arizona under this program."
Vanguard officials said Phoenix Health Plan had revenues of almost $300 million in the first six months of its 2013 fiscal year and accounted for "substantially all" of the $24.6 million in EBITDA posted in its health plans segment. Vanguard also has the right to protest Arizona officials' decision but must file those papers by April 1.
Shares of Vanguard (Ticker: VHS) ended Friday trading at $16.62 and have climbed more than 35 percent so far this year.


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My friend introduced Wildflower to me in 1991 and it was my first triathlon. Back then you could drive up Friday night and grab a campsite with no reservations or prepay and could park down by the starting point in the morning. I coughed up a bug from earlier in the race and I was hooked! I raced, I finished, I was pooped.
This year is my 20th race and was paid for by Terry Davis (Race Director), thanks Terry. It was always a goal of mine to get to 20.


text:
NCC = Not Constitution Class?
View Single Post
September 24 2012, 01:25 PM
Re: NCC = Not Constitution Class?
I rather think it would be a good idea to have a variety of ships carrying the prefix of a cruiser design series as this would create confusion among your adversaries (since deception isn't compatible with UFP standards).
...It would be even more clever to use a completely nonsensical registry system, and to change the pennants more often than the crew does laundry. Which is as good an explanation as any for the weird registries and registry changes we witness, come to think of it.
The logical extension of that is the realization that whatever the number of starships like Kirk's at the time of "Tomorrow is Yesterday" (or at least its unseen 23rd century "framing story"), "only twelve" is
it! And of course United Earth Space Probe Agency has got nothing to do with Kirk.
(Quite possibly, Starfleet doesn't exist, either, and all our heroes are Klingons in disguise, whereas all Klingons are Earthlings in disguise. But that's not absolutely certain yet.)
Timo Saloniemi
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Camp Quest Texas 2015 is rapidly nearing capacity, and we truly regret that we are not be able to make room for every camper who would like to come to our camp this year. We thank you for your understanding and for your continued support as our all-volunteer staff helps us grow as fast as we can into an ever larger organization able to accommodate more campers.
However, Camp Quest is a national organization, and there are still opportunities for your camper to have an amazing experience this summer at one of the other nearby camps. You can get the latest registration information for each camp nationwide by clicking on any of the camp names in the left column at https://campquest.org/locations.
Again, we truly regret that we are not be able to make room for all interested campers this year.
Camp Quest Texas 2015
August 2-8, 2015
YMCA Camp Flaming Arrow, Hunt TX
(the same place as last year)
Registration Fee: $625
We have a new registration system, so registration is even easier. Here are the main changes:
- Easy payments – More families will now be able to afford this year's $625 registration fee because you can opt to make easy payments for the remaining balance after you pay the first $100 as part of your online registration. Payments will automatically be charged to your credit card based on the payment schedule you set up. This service is offered at no additional charge.
- Payment deadline – Full payment must be received no later than May 31, 2015. We normally have a long wait list, and we cannot hold an incomplete registration past that date.
- Log on with a password – The first time you use the new system to register a camper, you create a password. (Your email address becomes your User ID). After that, you can log on with your User ID and password to update your information, your camper's info and second parent's info as needed. In addition, your campers are linked to your parent information, so you can now register multiple campers at the same time without reentering your parent information for each camper. (But campers needing financial aid cannot be registered at the same time as campers who don't need aid.)
- Easier future registrations – Once a camper has been registered, that camper's information stays in the system, so when you register that camper for another Camp Quest event such as next year's camp, all you have to do is update any information that has changed such as T-Shirt size, grade in school, and maybe medical information.
- Two Emails – All our forms are now electronic. Immediately after you register, you will receive two emails. If you do not see both of these emails within five minutes, check your spam folder and verify that you are viewing all items including those that may automatically sort to another folder. One email is your payment receipt, and the second email includes links to additional documents, some of which you must download, complete, and return no later than May 31, 2015. You'll get further information about those additional documents when you receive that second email.
- Wait List – When you register a camper, clicking on a green "Add" button normally starts the online registration process. But when camp gets full, that green "Add" button changes to a gray "Wait List" button. The rest of the online registration process does not change, except that no fees are due for wait listed campers.
- Acceptance from the Wait List – Prior to camp, a bunk may become available even though the camp was previously full. If that happens, we will notify you, and you have the option to either accept the registration and make a payment, or ask that your camper be removed from the Wait List.
- Requesting Financial Aid – If your camper needs some financial aid, you should register by choosing one of the categories that start with the words "Need Fin.Aid" on the first registration page, e.g., "Need Fin.Aid Boys (08-12)." Donors fund our registration fee reductions. The amount of money available varies from year to year, and we try to stretch it as far as possible, but we may not be able to meet your financial need.
- Financial Aid award amounts – If we are able to meet your need, we may be able to reduce your $625 registration fee to $500, $375, or even $250 per camper, depending on your actual need and the money available. To be considered for financial aid, the first $100 of that reduced registration fee per camper must be paid as part of your online registration. If we are unable to provide the aid you need, then your deposit and any payments you have made will be refunded in full.
- Financial Aid award dates – Our goal is to let you know if we can offer the aid you need by mid-May. Since the registration system does not know if we will be able to provide the aid you need, the checkout page will show $625 due with $100 of that due now—leaving a balance of $525 on a payment plan. If we are able to offer aid, we will reduce that $525 remaining balance to the actual amount due, and that will also reduce the payments due on the payment plan. If we are not able to offer aid, we will refund your $100 and cancel the remaining balance before any of it is due.
- Pay by major credit card – You must use a major credit card to pay the registration fees. We cannot accept cash or checks. If you do not have a credit card, you can purchase a prepaid card for a nominal fee at many stores including Wal-Mart.
You are now ready to begin.
Register now by clicking here: https://campscui.active.com/orgs/CampQuestTexas#/selectSessions/929001
Fee Refund Schedule
Camp Quest Texas is a 100% volunteer organization operating on a tight budget. When a camper registers for camp, we incur expenses that are not recoverable. Even so, we recognize that sometimes unforeseen circumstances arise, and campers must cancel. We have developed the following refund schedule in the belief that it is fair to both parents and Camp Quest Texas.
|Cancellation Date
|Refund Amount
|Prior to April 3, 2015
|Fees paid to date*
|April 3 thru June 2, 2015
|Fees paid to date minus $100
|June 3 thru July 2, 2015
|Max. of $100 of fees paid to date
|After July 2, 2015
|No refund
|*A donation of $30 to help cover our costs would be appreciated
We also recognize that sometimes campers develop serious health issues that might jeopardize the other campers, or that they must be hospitalized for other reasons, or that they are experiencing unforeseen serious life changing events. In those special cases we ask that you contact email@example.com, and we will do what we can.


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I want to buy a Raspberry Pi(8 Posts)
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MMA:30 traveled with The Gun Store and six UFC fighters from Las Vegas to St George, Utah to visit the troubled teens at Liahona Academy. Dan Hardy, Brandon Vera, Frank Mir, and Brad Tavares all spok watch video >>
MMA:30 followed UFC Hall of Famer Randy Couture along for his annual GI Foundation Bike Poker Run in Las Vegas. Couture talked about how the charity supports wounded soldiers and his collections of b watch video >>
PLEASE SUBSCRIBE & CHECK OUT MORE VIDEOS at http://www.mmainterviews.tv Get 25% off at http://www.Proboxingsupplies.com if you call and mention MMAinterviews! Get $10 off preworkout supplements Bod watch video >>
John Pollock (@LAWradio) and Jimmy Korderas (@jimmykorderas) preview the 2012 Royal Rumble from St. Louis, MO featuring the annual 30-man Rumble plus CM Punk vs. Dolph Ziggler for the WWE Title, Dani watch video >>
http://fightnetwork.com/ - John Pollock (@LAWradio) and Jimmy Korderas (@jimmykorderas) preview the 25th annual 'Survivor Series' coming up this Sunday from Madison Square Garden and featuring The Ro watch video >>
Fight Network reports from Boxing Ontario's annual season end gala featuring some of the province's top amateur boxers.
For additional coverage of MMA, boxing and pro-wrestling check out www.THEF watch video >>
Join the fight and buy boots or bid on the auction here: http://bitly.com/j20FKj watch video >>
The first annual Strikeforce Charity Golf Tournament benefiting Turning Wheels for Kids took place on October 25th, 2010. The sold out event raised proceeds that went to Turning Wheels for Kids, a ch watch video >>
Forrest Griffin, Stephan Bonnar, and Frank Mir help with some training and take some bites at the 20th Annual Las Vegas Police K-9 Trials. watch video >>
The Fight Network presents an exclusive look at Fight for Independence, an annual charity boxing event held in Toronto, Canada.
For more coverage of boxing, MMA, and pro-wrestling check out www.th watch video >>


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With 1.7 million freelancers, we'll match you with the perfect talent.
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We want someone to configure Asterisk Server on openSUSE 11.4 at our dedicated server available online. It would include but not limited to the provision, installation/configuration of SIP Trunk, IVR (with multiple options), and Extension configuration based on the IVR menu items on client machines, call waiting, conference call, hold etc.
The above mentioned asterisk installation includes the provision of web based reporting interface integrated with mysql. We only would like to deal with people (preferably with companies) who can be available on Skype, Cell, Phones, emails all the time during the working hr's (EST) and must have relevant experience.
We need to implement it ASAP. Only serious providers should immediately contact us immediately.
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Marvel All New, All Different - Ongoing Discussion (Spoilers)
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January 17 2013, 04:03 AM
Nerys Myk
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Location: House of Kang with Ridges
Re: Marvel Now/ReEvolution Ongoing Discussion (Spoilers)
OdoWanKenobi wrote:
Isn't it somewhere in the neighborhood of 15-20 years have passed in the Marvel Universe since the "beginning" with the Fantastic Four's accident?
Even if Scott is from 1993, I think he'd know what bottled water is and had seen a guy with a mohawk. Surely they had TV in the orphanage and at Xavier's.
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Originally Posted by Brian C. Miller
But the thing is, it's the subjects that made these photographers memorable! Setting the camera to Ansel Adams and then photographing a trash dump is not going to result in Yosemite. And setting the camera to Salgado and photographing lunch is not going to result in Workers.
Maybe the camera should transport you to Yosemite, when set to AA... beam you to Paris when set to Atget... That camera I'd buy!


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Gnome Salon
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Harvard Freshman Lightweights
Is this photo a winner?
Similar Photos: boston | massachusetts | athletics | head of the charles regatta 08 | harvard freshman lightweights | harvard | gildan ultra tankDesign Your Own Enter the Contest
comment by anonymous - Oct 21, 2008 - back to the top
These are some good-looking dudes in some good-looking t-shirts. Nice job Custom Ink!


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This property allows you to book online with a credit card. After submitting a reservation request, the owner or manager has 24 hours to accept, at which time your card will be charged and you will receive an email confirmation
Recent Lake Como reviews
"We very a cuble with two grown-up kids. We had the most wonderful vacation. Fabio was very helpful with information about the hikes and sights. We had two dinners at the hostel, which was very nice. Good simple food at a good price and nice mostly young people from different countries. We had the most wonderful weather and the view from the house was stunning. The house was cosy and well equipped with furniture and kitchen utilities. We would not recommend 7 people to stay there. We used the heating because it was rather cold inside the house. It worked very well and was not expensive. We loved the town, the lake, the view, the steep streets, the hikes, the restaurants (Magnolia was good), the boat-trip and anything else about Menaggio. :0) We would recommend the little house on the bridge to friends and family."Guest: Mus Date of Stay: March 2015 Review Submitted: April 14, 2015View listing
Featured Destinations: The Villages, Rosemary Beach, Destin Condo Rentals, Amelia Island, Myrtle Beach, Outer Banks


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...is not the name of the new porno i'm starring in.
but srzly, i got a new B-17 narrow today, and though it's possibly positioned wrong (kind of doubt it), it hurts my ass like i'm riding on a plank of wood. :\ i'm 5'7" / 125 lb., with a definite boney ass. i'm wondering if any other skinny people have had problems breaking these in or whatever.
gimme some advice cuz this thing looks so f ucking nice, i just want it to feel good on my bum. about where should my butt bones be on top of?


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Yes you did and so did I, thought I would come over here and check things out for the first time. Hmmm, maybe I'll pass on this one:)


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I travel frequently. I have spent the last six years both studying and working in Germany.
I'm originally from a small town in California called St. Helena
I love comedy shows, gluten-free food, hiking and meeting new people.