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Thanks G…

Anna is my buddy of course, but she sometimes thinks that I make my posts too long. She is a woman of course, and we all know that many women don't have the patience us guys do. They want to “get straight to the point”, and us guys sometimes like to explain things in detail.

I've been guilty of that… as I commonly go into detail explaining something to someone when they ask. Of course that much detail isn't always needed. But, I can't help! (My mother was a teacher, so it's bread in me) LOL 🙂

Jay,

Bush was just as dirty as Obama. I'm not a fan of either. I'd like to see Ron Paul for President, maybe Ross Perot for Secretary of Treasury (Someone who doesn't need to steal the taxpayer's money), and possibly someone like General Colin Powell for Secretary of Defense.

Of we wouldn't need anyone to replace Ben Bernanke, because the Federal Reserve wouldn't be in existence any more. That power would be given back to Congress, where it belongs, as was originally setup by the Constitution (which doesn't seem to exist anymore now).

Yeah, I said I didn't think that those past statistics would work this time, but… “What the Hell”, I decided to post them anyway!

What amazes me is the lack of widespread protest. I guess if the sheeple got their cable TV and a cold beer, they can shrug off the rest.

Sorry to point it out to you Red but….those JAN OpEx week stats…looks to me like every third year was up…2010 up?

But hell…I'm with you…been waiting for the next down move to begin and it's way too late to switch to the upside in my mind. Good luck.

Hi REd,
thanks for logging in over at jaywiz
Venture to guess that just like the BUSH govt, Obama is leaning on GOVT figures which DONT TELL the real story.
From about 2003 On to The HIGH in 2007, internally the COUNTRY was deteriorating, but some sectors were showing BIG increases thus SKEWING the REAL DECAY.

Jay

Nice Post, It wasn't to long.

Yes Steveo… it's really sad when you think about. I want to make money in the market just like everyone else, but I really don't want to see 20-25% unemployment and the Dow at 3,000-4,000.

But, I know it's coming. You can't continue to push up a sick market like this without a huge crash later on. I'm sure that the crooked banksters at Goldman Sachs, JP Morgan, Citibank, and everyone else in the “Good Ol' Boy Club” will already be positioned short when the crash comes.

Since they ran it up to steal the trader's money mainly (aka the “Bears”), they'll crash it down too… and steal everyone else's money (aka the Bulls, and the poor Retail Investor).

I can only hope that good people like Ron Paul and others win their courageous fight in congress and get the Federal Reserved audited… and SHUTDOWN.

Then arrest Tim Geithner, Ben Bernanke, and every CEO of all these crooked banks. I fear that if these crooks aren't caught and punished, America will go to Civil War. The people will rise up and protest publicly so much that arrests will have too be made to stop the protesting… without it, I believe it will become violent.

I hope not, but really… what do all those educated middle classed people have else to do with their time, once they no long have a job? Reading on blogs, and other news media about the corruption in the system is just going to add gasoline to the fire.

These people aren't the stupid lazy bums who live off welfare because they are too worthless to get up and get a job. Those people are easily manipulated. Middle classed Americans are smarter, and won't be too happy when they don't have a job anymore.

My biggest fear is that the mass riots do start happening and prison camps are established in every city in America to house these people. The government has already been preparing for this to happen.

Why? Because they are going to let it happen, or make it happen I guess? It could be stopped if the right people were in control. I know that Ron Paul stated several times that he wouldn't have given any money to the banks.

That (IMHO) would have been healthy as then the system would clean itself out, of all the crooked banksters…. as they would be forced into bankruptcy, and then the healthy honest bankers could fill in there shoes.

Same thing for all the other companies that aren't healthy… like the car companies. Let them all fail, and some young blood entrepreneurs to step up to the plate with cars that people really want and will buy.

In other words, throw out the bad apples and let the good one's breathe! Stop suffocating the good companies with high taxes, and stupid restrictions.

Ok Steveo… that's enough ranting… again! (Sorry, but I'm passionate about saving what is left of America)

Red

I do still see the monthly chart as being bullish… on a technical basis. But, from a standpoint that the entire rally was manufactured by the PPT, with almost NO participation from the retail trader, it is just to dangerous for me to go long.

It is also too dangerous to go short, as you know that the PPT will step in a stop any natural correction from happening… even if the technical picture says “Sell”.

That's what makes it so hard too trade I guess? Everyone is too scared to go long or short. I'd love to go long… after a nice healthy correction. I think a lot of retail traders would jump on too, but no retail trader I know will buy at these levels. So, I guess the PPT and other crooked banksters can just continue to play ping pong with themselves.

Thanks for stopping by ol' buddy. It's great to hear from you. I stopped by your website… nice.