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
Does this market stand any chance, whatsoever, with this crew in charge?
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%:
AA, AXP, -*CSCO, -*GE, HPQ, -*INTC, -*JNJ, KFT, MCD, -*MSFT, -*PFE, PG, UTX, WMT, XOM.
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!