Dec 14, 2009 - Issue #193

Another Obama Lie!

Another Obama Lie! Closed door politics (Transparency: Obama style)... increased pork barrel spending... another Obama broken promise. Why am I not surprised. Have you had enough, America? And, lest we forget, Obama wants to shove his radical leftist Democrat version of Obama/Pelosi/Reed healthcare down our throats as a Christmas present. Isn't that wonderful?

CNBC, meanwhile, is showing us a stock market in the process of 'rolling over'. Did the smart money know this was coming?

Does this market stand any chance, whatsoever, with this crew in charge?

Heads Up

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?

12/16 Wednesday - New Moon.

12/31 Thursday - Full Moon (Blue 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):


Dow score card for the week ending 12/11/09.

DJ-30: 10471.50 +82.60 +0.80%. The Real World (arithmetical) DJ-30: 46.19 +0.37 +0.80%.

UP: 17, Down: 13.

Trends (weekly charts): This is the subjective part.

Rising (Generally Higher Highs/Higher Lows) 9 (-5) 30%:

BA, DIS, HD, +*IBM, +*KO, MMM, MRK, T, VZ.

Consolidating (Generally Lower Highs/Higher Lows) 15 (+1) 50%:


Declining (Generally Lower Highs/Lower Lows) 6 (+4) 20%:

-*BAC, -*CAT, -*CVX, DD, -*JPM, TRV.

+/- 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!

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