Nov 2, 2009 - Issue #187
Referendum on Obama
Referendum on Obama: Tuesday, November 3rd, 2009.
Within 48 hours from now, the opening salvos will have been fired upon the Obama regime. God willing, America will
have announced its intent to rectify the abomination of November 2008.
The eyes of the entire nation will be focused upon the states of Virginia, New Jersey, and New York. If the
Republicans remove what was swept into office on the coat tails of Obama, it will cause a political earthquake
that will loosen the bowels of Washington, D.C.
CNBC, on Wednesday, November 4, will be abuzz about the rise of a new political star: Gov. O'Donnell and soon to
be President-Elect O'Donnell come November, 2012.
The stage will be set for November, 2010.
The market appears to have commenced a pull back reaction. Note the MarketClub S&P 500 video.
Enjoy the Full Moon.
W. D. Gann, a keen market observer, although not an astronomer, nevertheless, was
fascinated by the apparent coincidence of important market 'pivot points' and astronomical
dates. Theories exist for estimating time and price of important market turning points but
astronomical occurrences are computed with mathematical certainty.
There is no logical reason why these occurrences should coincide yet, empirically, they
have. The 'Full Moon' and 'New Moon', among others, have been cited. Therefore, one might
be well advised to be aware of their occurrence. Note: The first 5 business days of 2008
concluded on a 'New Moon' and we all know how that worked out. Coincidence?
11/02 Monday - Full Moon.
11/16 Monday - New Moon.
During the next two weeks, the following DJ-30 components report earnings. Keep a sharp eye
out for possible price swings leading up to 'earnings day' (Subject to revision):
11/12 DIS, WMT.
Dow score card for the week ending 10/30/09.
DJ-30: 9712.73 -259.45 -2.60%. The Real World (arithmetical) DJ-30: 42.84 -1.14 -2.60%.
UP: 6, Down: 24.
Trends (weekly charts): This is the subjective part.
Rising (Generally Higher Highs/Higher Lows) 1 (-10) 3%:
Consolidating (Generally Lower Highs/Higher Lows) 19 (+3) 63%:
AXP, -*CAT, -*CSCO, CVX, DD, DIS, -*HPQ, IBM, -*KFT, KO, -*MCD, -*MMM, -*MSFT, PFE, -*TRV, -*UTX, +*VZ, WMT, -*XOM.
Declining (Generally Lower Highs/Lower Lows) 10 (+7) 33%:
-*AA, BA, -*BAC, GE, -*HD, -*INTC, -*JNJ, -*JPM, -*MRK, -*T.
+/- denotes change of direction.
* denotes change of category.
Comments? Ideas? Feedback? Let me have it, right between the eyes! I'd love to hear from you. Just reply to this zine and tell me what you think!