Feb 28, 2011 - Issue #256
On The Road To 2012
On The Road To 2012... Is it not obvious? Democrats & Unions against everyone else. Where would the
Democratic Party be without the Unions? The Unions 'own' the Democrats. The Public-Employee Unions, with
their 'forced dues collections', 'choose' whom they are going to 'negotiate' their 'sweetheart' contracts
with: The Democrats. The only one not at the table is the Tax Payer.
CNBC & Fox News asked Democrats that very question. The answer: Changed the subject.
Richard Trumpka, AFL-CIO head, says, "Public employees are paid less than the private sector and should be
protected and PAID MORE!" Spoken like a true union head.
'American Dream', apparently, means a 'government job'.
The market took a hit this week. Do you have to be a rocket scientist to figure out where this is going?
Countdown till 2012 elections: 88 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?
3/4 Friday - New Moon (Observe market performance Friday and Monday).
3/19 Saturday - Full Moon (Observe market performance Friday and Monday).
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 2/25/11.
DJ-30: 12130.45 -260.80 -2.10%. The Real World (arithmetical) DJ-30: 53.43 -1.14 -2.10%.
UP: 3, Down: 27.
Trends (weekly charts): This is the subjective part.
Rising (Generally Higher Highs/Higher Lows) 3 (-9) 10%:
CVX, +*KFT, XOM.
Consolidating (Generally Lower Highs/Higher Lows) 17 (+1) 57%:
-*BA, BAC, -*CAT, -*DD, DIS, -*HD, IBM, -*JPM, KO, MCD, -*MMM, PFE, PG, T, -*TRV, UTX, -*VZ.
Declining (Generally Lower Highs/Lower Lows) 10 (+8) 33%:
-*AA, -*AXP, -*CSCO, -*GE, -*HPQ, -*INTC, -*JNJ, -*MRK, MSFT, WMT.
+/- 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!