Afternoon Delight 03/01/12 - Birthers Rejoice!

The birthers have been given their greatest gift, proof from law enforcement that Obummer's junk ain't right. I saw Sheriff Joe Arpaio's complete press conference. Bottom line is Obama, "could not pass a background check to be an employee of the Maricopa county Sheriff's Office."

The birth certificate and selective service documents are "forgeries". OK, this is not coming from fringe conspiracy nuts or the internet crowd. This is coming from a real sheriff. A real law enforcement investigation. They system is now challenging the system. Obummer can not just come out and bury it but they will. You know they will. The controlled MSM will not cover it. This is an election year and Soros et al will have orders out to bury this one.

Sheriff Joe's big problem is to whom does he turn the investigation over to at this point? This is truly an us against the world scenario. Sheriff Joe is obviously, you could see him personally struggle with the question, concerned with that as Obummer controls all things federal and military. He's leaning to a congressional investigation.

Folks, a sheriff's office, that is really serious abut this, has proof that would stand up in court that crimes were committed. the forgeries were the only evidence presented. there is more, a lot more that they are holding back. This can not be "papered" over any longer. Obummer will need to produce real original documents or he more than likely will not be on the ballot of AZ and more than likely several other states.

STB is saddened by the death of Andrew Breitbart. We wish his family the best. AB was an awesome journalist that we read often. Did you know that according to what I heard on the Alex Jones Radio Show AB's last interview may have been with Sheriff Joe? STB finds that more than interesting.

Another interesting fact about AB's death revolves around the government as well, "Breitbart’s untimely death has shocked the media world and left some to question whether or not damning footage of Obama in his youth, which Breitbart announced he had obtained only last month, will still be released." Will Damning Obama Footage Still Be Released After Breitbart’s Death? Alex Jones

Afternoon Delight 02/28/12 - Patience

Markets prove it is all about news rumors, LTRO2 and the upcoming FOMC (not to mention several other key dates in between). Till this is all over (March 20th) things should remain dicey in the markets with both up and down scenarios (more up than down of course). Not much to comment on other than there were actually a few 5m gaps DOWN on the RUT and DOW today. This is a very rare event in these liquidity driven markets. Of course the PPT came in and scooped up the markets closing the DOW gap, but leaving one still open on the RUT near 826.

Minis 15m - The yellow channel support was resistance again and here price is yet again right back under it at the white diag we've been following as well. For a while there it looked like some form was actually occurring (and still may be) with price. STB called/Tweeted the green wedge break at the moment and then the blue wedge formed. Is that an overthrow or just another move up. With the gaps and this potential emergence of actual form, I'll say that price action at least has my undivided attention for the first time in a while.

Afternoon Delight 02/13/12 - LMAO A "Budget" Proposal

Collateral? HA! Remember a few months back when someone brought up the insanely stupid idea of using collateral to back a loan. HA! Try introducing any sort of sound principals to the global debt game at this juncture and watch it collapse. Heck, at the current rate all the Greek collateral will be in ashes at best. This system functions best on fantasy and fiat. Well, guess what Finland just threw out there to throw the proverbial wrench in the tragicomedy that is the Greek bailout crisis? Is Greek Side Deal With Finland On Bailout Collateral About To Kill Greek Rescue Again? | ZeroHedge

Let's get into the US funding (some call it a budget) and economic issues in some detail shall we - Happy days are here again!

Your president is failing you again all in the name of keeping the peace and pacifying the entitlement state in order to improve his reelection bid all at the expense of our future. I guess it is never to late to solve a problem, so kick it on down the road. "President Obama made a pledge to cut the deficit in half by the end of his first term. Instead it exceeded a trillion dollars for four straight years." Mish's Global Economic Trend Analysis: Obama Proposes Massive Tax Hikes, Still Comes Up With $1.33 Trillion Deficit; Obama's "Race to the Bottom" Education Proposal; Dysfunctional Congress

Open Weekend Post 02/11-12/12

You know the drill, share the love and the knowledge.

First some props for STB - Top 5 trading blogs of the week: 9 Feb - Welcome to YTE Blogs. This is the second time they have bestowed this honor. Thanks YTE!

A couple of charts to show you what may happen. They have done us really well since early December. Right now we sit on pins and needles as support barely hangs on. Things really don't look good. We've all been watching this top set for weeks now. Can the Fed run it another month, or has their team splintered and been given the OK to take profits here, let the markets fall and then set up the move for QE3? Greece is hopeless and everyone but the bulltards knows it.

Minis 4hr - long - More detail with the chart below, but you can see the yellow channel we've been working for months running into resistance (red).

Afternoon Delight 02/07/12 -

Money, it makes the world go round. that saying rings louder now more than any other point in time. That is so because the amounts of money needed just to keep the debt bubble inflated and countries from default is exponentially growing day by day. The top of the post I cover the markets, but I ask that you terrorists (yes, you by definition) spend some time in the police state section tonight.

First watch this -

Afternoon Delight 01/23/12 - It Is A Long Way Downnnnnnn

What can I say, emotions are thru the roof. It has been some time since the rhetoric across the financial blogs has been this testy. It is even bleeding over to the MSM (who are learning that the web is the best source of real information). Call it consensus disbelief.

It actually may be worse now than anytime in the past as even more have bought their tickets and are on the HFT/QE manipulation train. Even more are on the "we're all gonna die anyway so why are we bailing out everyone so what does it matter anyway" story, so why the rampage?

Those situations make my blogging a bit easier as I have been on the manipulation train and preaching it for years. Some thought I was nuts (some - the lost - still do). The sheeple and even some major players are coming around and beginning to voice their disbelief which is quite the change of events.

Afternoon Delight 01/18/12 - Levitation

For those looking to know exactly what's going on with the market please see my morning post from today. It is as comprehensive as you will find anywhere. We're nearing a major top. To all the bears out there, as I have preached from the beginning of the year, patience is required.

Following the Fed is the only plan and like a scratched record (for those of you old enough to know what one of those is) I keep repeating the FOMC Meeting Chart. Price today (for whatever reason) tagged the upper resistance diagonal and has met the price objective I thought would be "it". Price actually touched the side of my target circle I drew a few weeks back.

I have no idea what is driving the markets up at this point other than IMF or ECB lending and the hopes that the Greek default will come off without a hitch. I do know that something is not right. One of the theories is (in true bubble fashion) is that the funds rapidly leaving the EU are flowing into our stock market. On the other hand mutual funds are having a net outflow. Could it be unannounced stealth QE? The Fed did say they would use all "tools" at their disposal. Could it be the promise of more QE announced at the FOMC meeting next month? Who knows?

Afternoon Delight 01/17/12 - Strange Days

Strange Days indeed! So Standard and Poors downgrades basically all of the EU (and then the banks get follow up downgrades) and the markets go up? Citi misses by a mile and the markets barely flinch? Look, I don't get it, but there is one thing that  matters to the centrally planed markets driven by hopium, the eternal promise of more easing that comes with each FOMC meeting. That's right, every bit of bad news is received with cheers and market pops these days as they only increase the chance of more easing in the future. That's it, easing (Quantitative Easing to be exact), stimulus, a cash injection to the system that causes markets to mysteriously rise to heights usually seen in a bubble not a depression recession recovery.

What's going on that's so great the DOW runs up 60 points today? It must be that we're over the debt ceiling again, out of money and for a second time our government is having to "borrow" from the retirees pension plan to keep the doors open. Treasury Resumes Pillaging Retirement Accounts To Fund Deficit Spending Until Debt Ceiling Raised | ZeroHedge.

Open Weekend Post 01/07-08/12

You know what to do, share the love and the knowledge. Remember this is the year of involvement on STB. Everyone needs to talk up the challenges we are facing as a nation and a planet and get the word out to as many as possible.

This weekend I will focus on a man who's opinions I have come to trust and value greatly. Read about Dr. Paul Craig Roberts (PCR) here. His experience and resume are very impressive, "President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy and he was confirmed in office by the U.S. Senate. From 1975 to 1978, Dr. Roberts served on the congressional staff"

Dr. Roberts has a wonderful post I would like all of you to read. The Dismal Economic Outlook For The New Year - PaulCraigRoberts.org. Do you like the title? LOL, what else would I deliver, right? No, I am not sick, just a realist.

Morning Protest

I'm slightly pissed this am. Well, does the second run on a BS rumor in a week really surprise you? Yup, it happened again. The market goes nuts on "rumors". Friggin Rumors? That's right. We've now entered a state where all it takes is for some floor trader to break wind and the market reacts like someone lit a fire under it. ZH brings you the details in their own unique way in The Scamming Of Investors Continues, Courtesy Of The Rumormill Formerly Known As The Equity Market. I'll put it this way, if they have to resort to possibly releasing speculative information (obviously information from reliable sources to people who are in the right place to move the market) then they are in deep trouble. Have the PPT's pockets run dry? The real problem is the SEC's lack of concern and the fact that this occurs so easily. Folks, this is the BS your markets have become.

On to the markets - Minis flat, markets overbought (that is a slight joke cause you know that I think every gain since April is fraudulent) and now markets are capable of a rumor driven ramp job at any moment to benefit the banksters as they have gone from taking cash out the back door on hand trucks concealed in some way to simply loading pallets on forklifts and taking it out the front door (this is your money by the way in the form of future tax liabilities).

After the move yesterday, I'm not all that inspired to give any sort of analysis. Why not just title my post - Morning Post - Another Ramp Job Today and be done with it? This shit is gonna bite them in the ass. Sadly, it is gonna bite you and me  in the ass even worse when it all ends.

In protest of the government's (to many to list here) problems and inability to regulate anything I am not doing an analysis this am. Why should I? Isn't it painfully obvious that they know the market is bogus and are pulling out every stop to keep the levitation act going. Every BS move like this is a PUMP designed to suck in more of your money so they can DUMP. This is a suck job that Jenna Jameson would be proud of, yet sadly the benefits are not nearly comparable.

If you would like to see my charts go to the link to my chartbook on the right or click HERE.

Yes, I shorted (very lightly) late yesterday and was bold enough to swing it. FAZ and SDS. I will not stay around if they drop one cent under the purchase price.

It is beyond time to get active and do something to wake the sheeple up. Get active. Spread the word. Talk it up. Send emails with links to articles (or this blog, Mish, Zero Hedge, Denninger, Alex Jones - All links on the right in the blogroll). Let others know what is happening. Now is the time to be mad as hell while we may possibly still have a chance.

GL, you will need it.

Last night I included "Stop the Health care Takeover!" Petition to the U.S. Congress. Mish posted this last night -Pelosi: We have to pass the health care bill so that you can find out what is in it - you have to hear it to believe it. This shit has to stop.

Weekend Video - Lou Dobbs And Jon Stewart

An pretty darn good discussion between Jon Stuart and Lou Dobbs? I thought so. No screaming or shouting or talking over each other. No in your face zealot outspoken righteousness. A simple well presented discussion by two informed people with different views of government and the state of the country. From why CNN asked Lou to leave (controlled media) to their debate on HC and other issues are all well worth a listen.

I would appreciate it if you would watch these vids. I believe there are things we can learn from both sides. I think there are ways we can learn from how they discuss the issues that we can use on a daily basis to present our opinions to others. I will not comment or voice any personal opinions till the comments start rolling in (but my readers can guess whose side I support more). 

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Exclusive - Lou Dobbs Extended Interview Pt. 1
www.thedailyshow.com
Daily Show Full Episodes Political Humor Health Care Crisis

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Exclusive - Lou Dobbs Extended Interview Pt. 2
www.thedailyshow.com
Daily Show Full Episodes Political Humor Health Care Crisis

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Exclusive - Lou Dobbs Extended Interview Pt. 3
www.thedailyshow.com
Daily Show Full Episodes Political Humor Health Care Crisis

I got the clips from this infowars.com post Stewart to Dobbs: Your views are ‘abhorrent, wrong, but consistent’. 

A Few Select Clips From Fall Of The Republic

Please watch this movie. I know, Alex Jones and conspiracy theories. Don't let that stop you this time. He's broken the trend and documented, very well IMO, this crisis, why it happened and where we're headed. Lots of fantastic stuff in here. Please watch it and get informed.

HERE is the link to AJ's YouTube page where the clips will roll thru uninterrupted.





The clip below will make you sick.



Cap and Tax (or make you puke part two) THIS IS JUST TOTALLY NUTS!



Folks - WAKE UP!