Gone to the beach for one last summer outing before school starts again. Will be back full time Wednesday, but I will be reporting and updating charts from the beach. I believe the sheeple are waking up. They have had enough. It is only a matter of time before many more wonderful vids like these are coming out weekly.
Thanks for all of your views and comments this week.
Have a great weekend.
UPDATE: Thanks TD and ZH - Beyond Beltway, Health Debate Turns Hostile . Good thing Rahm got that email out in time for everyone to nark on everyone else. We'll all be in those FEMA detention camps soon.
Liar, liar, pants on fire.
Specter shows his ass.
Ron Paul and Ratigan on the Fed audits.
Sir Shanky, Are you not mixing Tech Analysis with politics? Insurance companies made billions in profits, and when the administration tries to get health care to common folks, a group of people try to stall him. I BET YOU MOST OF THOSE OLD FOLKS YELLING IN THAT VIDEO HAVE NO PROBLEM BEING ON MEDICARE! They just don't want others to get the same benefits that they get. Is that what it is?
ReplyDeleteThis admin is FAILING in terms of stopping the shenanigans of FINANCIAL INDUSTRY. That we can discuss.
But HEALTH CARE is a good thing for this nation. I DO NOT UNDERSTAND the commotion by common folk. What problem do they see with health care reform? Please explain.... better yet ... maybe i should not discuss non-financial matters ...
Anon -You need a blog post for an answer to these questions. I have no problem with improving healthcare for all. Healthcare reforn is a good thing. I encourage it. The bullshit that happens in our HC industry is laughable. Overhaul is not necessary, just eliminate waste and fraud and nationalize the big drug companies and things would be just fine. Wait, that sounds like an overhaul? My problem is that they are addressing a problem that can be fixed in 2011 after they have addressed this financial crisis. Also the two extra years will buy some time for them to actually be able to read and study the bill. O IMO is slamming the bill thru while he has a voting majority which I do not think he will have after the next election.
ReplyDeleteNon financial matters are fine for discussion. Just be careful. The answer you get from me might not be the one you are looking for. LOL.
Hey Shanky
ReplyDeleteHope you dont mind me posting this here, but as we all know, next FOMC meet is critical juncture for market short term.
This chart and the next are for the US$, and give me reason to believe the Fed will say something dollar friendly that would at least support a short covering rally.
US$ chart looks like another coiled spring ready to be sprung.
Thus, a mild pb in equities should be expected.
I don't think it will be the beginning of a new major uptrend for the US$, but will likely result in a decent short covering rally.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3449922&cmd=show&disp=p
wrong link above but close
ReplyDeletehttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3449922&cmd=show[s174522443]&disp=P
My daily chart is similar to yours, but the weekly chart also supports what you see in the daily. That was my point making post.
ReplyDeletehttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3449922&cmd=show[s175007784]&disp=P