economy, INVESTMENT ADVICE, SOTCK MARKET

BASTA! (Enough) Written Monday Dec 29th-Posted Monday Jan 5th . I JUST HAVE A BAD FEELING. THE TIPPING POINT HAS BEEN REACHED. EVERYONE KNOWS THE WORLD IS COMING APART EXCEPT WALL STREET. THIS YEAR I WILL STOP SMOKING FOR THE 50 TIME!

So, our last blog, Thanksgiving week, we told everyone OUT OF THE POOL, into 100% Cash and I said we might buy them back at the Mid December lows, which actually occurred Mid December, on or about Dec 15th but I couldn’t pull the trigger, I couldn’t say buy!. I just had a bad feeling about this market.
Most of my Market Calls are from Technical Analysis (75%) some calls from Fundamental Analysis about (20%) but every once in a while, just from my overall feelings, good or bad, I call this my Gut Feeling. Sometimes it’s my best indicator and right now my gut feeling is fear almost panic. I don’t think the Market can take any more bad news. Yes, the economy is still doing better, slowly. I said the US will be back on top again, because God is behind this country. Every dollar in this country is backed by God. It says that on every dollar “In God we trust” but the rest of the world is still coming apart. Last week Putin said the ruble found a floor, now the news said the ruble it dropped another 7% overnight Monday. Greece market slips 8% on an Athens vote. There are not too many more 7 or 8% left till 0%. Oh! And Germany cools towards Russian investments. I think I’ll sit out January.
Well its 6:40 am Monday December 29th I am up since 4 am and I can’t stop all the crazy thoughts running through my head. So I have to write. The S+P Futures are down-3.75, the Dow futures down -37.00. The S+P x (times) 10. The Dow is back. Since my last blog when I first mentioned that numbers game 80% of the time it was out of whack. Meaning the Dow was only 5x (times) the S+P or did the fed realize they could control more stocks by buying S+P futures and thus making the Advance-Decline Line looking a lot better that we have usually seen or did I just stumble upon a new indicator. Since my “Dow 30 Video Game” blog I got a lot of. “Frank you are getting really crazy “emails” I just wrote it off as Dementia or Alzheimer. I am 71 about the time this shit starts. Then a friend sent me a copy of a blog Moz or moskickherbutt@ written by a future Trader with 35 years’ experience, who said the Fed has been nudging the S+P futures for the last 3-4 years and said he knows which S+P brokers and Traders handle orders for the Fed. His Blog came out 2 days after I said “Dow 30 Video Game “blog.
I try to go back than earlier emails to find it but no luck. I have over 11,000 emails on my computer, most unread. How many can the computer hold?
Thank you John Wagner! to send me the blog.
So now, we know why the rich get richer and the poor get poorer. Even though their businesses or companies owned by the rich are still losing money or barely making any, save for financial engineering. They are all making millions on their stock holding and massive positions in the companies they own. Thanks to the Fed, lower interest rates, and easy money
The only sad part about this whole scenario that really hurts me is the suicides of 15 or 20 bankers. This is the only Bull Market (from March 2009 till now) that has not seen any real corrections. 10% or more.
They never gave the shorts a chance to cover. It’s been like perpetual short covering death trap and it’s the only Bull Market that has seen Banker suicides.
I’m sure if they really investigate each suicide incident, you will find in each case massive shorting by these bankers in either their firm trading accounts, their own accounts or both. The whole banker suicide story has been hushed up.
Financial Engineering.
I love the way terms and meanings get softer with each passing generation. My generation called it Creative Accounting. The generation before me called it cooking the books.
It’s Nov 29th 9.28 am. S+P futures now down only -2.50 but the Dow futures are down -44, this just might be a brand new indicator. In a few weeks we will know for sure.
PS I LOVE YOU
This is my penny a share theory on how to take from the rich and give to the poor. I thought of it 2 decades or so ago, but the volume on all exchange wasn’t that great. With today volume, at a penny a share every 100 shares equals a buck $1 dollar. That’s a lot of bucks and you could probably do it with options, bonds, and other instruments and I don’t think the rich would even miss the penny. Maybe this is a perfect time to try it, with all the talk going on about taxing the rich more.
The only thing you really need is honest people running the program who will make sure the poor receive the money. Hey! Maybe it could partially replace the welfare and food stamps programs, hey! Wouldn’t that be nice, no more homeless and hungry poor people in the USA. Peru just passed a law, all babies born started this December (2014) get free medical for the first five years of life. Germany is going to start free university education. Come on US you supposed to be the best.
You know when NY lottery started in NY I think the mids 70’s. They said a portion of the proceeds would go to Public Schools. Didn’t happen, Public schools have gone straight down over the years. They are run like slum-lord buildings.
PS I love you, a penny a share. Just a thought.

This blog may break up our marriage. it was written Monday December 29th one week ago. It was timely and prophetic which I told my wife. I ask if you are busy with your work, a travel agency, I would have to put my blog aside till she was free which I always did in the past. but no! she had to expand 24 hours plus watching the Good Wife Show which I also love to watch. now a week later my blog lost timely and prophetic edge.

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