Aug 8, 2011 - Issue #279
Obama Must Go!
Obama must go! Last week's message is worth repeating:
CNBC & Fox News: Until both houses of Congress and the Whitehouse are controlled by those that are serious
about shrinking the size of government, our problems will not end. Obama and the Democrats are simply not
interested in spending cuts. They are interested only in raising taxes and higher spending. They always were,
they are now, and they always will be. Period. America must choose. And choose they will.
Dick Army said it best: "When Conservatives run and govern as Conservatives, they win...all the time."
If George Bush had governed as a Conservative, there never would have been an Obama.
Next subject: Ron Ianieri teaching options can best be described as, 'Give a man a fish: Feed him for a day.
Teach a man to fish: Feed him for life.'
By all means, read his book, but what you learn from his 'live' webnars is priceless. The word, Epiphany, is
not too strong. You simply have to be there. He is the 'Master' and I count myself among his disciples.
If you think education is expensive, try ignorance.
Countdown till 2012 elections: 65 weeks.
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?
7/30 Saturday - New Moon (Blue Moon) Observe market action 7/29 & 8/1. Wow! What a week that followed!
8/13 Saturday - Full Moon (Observe market action 8/12 & 8/15.
8/28 Sunday - New Moon (Observe market action 8/26 & 8/29).
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):
8/16 HD, WMT.
8/18 HPQ (2Q2011 'earnings season' comes to an end).
Dow score card for the week ending 8/5/11.
DJ-30: 11444.61 -698.63 -5.75%. The Real World (arithmetical) DJ-30: 50.41 -3.07 -5.75%.
UP: 1, Down: 29.
Trends (weekly charts): This is the subjective part.
Rising (Generally Higher Highs/Higher Lows) 0 (N/C) 0%:
Consolidating (Generally Lower Highs/Higher Lows) 1 (-11) 3%:
Declining (Generally Lower Highs/Lower Lows) 29 (+11) 97%:
AA, AXP, -*BA, -*BAC, CAT, -*CSCO, -*CVX, DD, -*DIS, GE, HD, -*HPQ, -*IBM, -*INTC, JNJ, -*JPM, -*KO, -*MCD, MMM,
MRK, -*MSFT, PFE, PG, T, TRV, UTX, VZ, WMT, -*XOM.
+/- 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!