Mar 19, 2012 - Issue #311
VIX below 15: Not good for bulls. It could be back up to 45 in the blink of an eye. Do you
really think markets keep going up forever? Buy cheap puts when you can, not when you need
Corporate stock earnings yields still above corporate bond yields thus favoring stocks.
Political situation: Stalemate. Solution: Regime change. Anyone but Obama.
Dow Dogs (10 highest yielding): T, VZ, MRK, PFE, JNJ, GE, PG, DD, CVX, KFT.
Dow Small Dogs (5 lowest priced of the 10 highest yielding): KFT, MRK, T, PFE, GE.
Countdown till 2012 elections: 32 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?
3/8 Thursday - Full Moon.
3/22 Thursday - New Moon (Beware!).
During the next two weeks, the following DJ-30 components report earnings. Keep a sharp eye
out for price swings, up or down, (possible trading on 'inside information'?) leading up to
'earnings day' (Subject to revision):
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!