Sunday Nov 15th

PCLN down -138 points on Monday Nov 9. But up +25 points the Friday before.

Some of my readers can´t believe they made 100 points in one day. PCLN has been on my list of stocks to Short or Buy puts on.

The next leg of the bear market began last week and may continue till the yearend tax selling period.

Buy the VIX and keep buying puts.

To those  readers who are  asking if we are getting close to a buying area in gold. The answer is NO. I don´t see a bottom until 850 or 900.

I am sorry to see one of my predictions come true. 3 months ago some of our military and politicians said ISIS was slowly being wiped out. I said: “No, they are just getting started to grow”

I think the events in Paris this weekend prove that I am sorry to say: “THESE HEARTBREAKING EVENTS are going to get BIGGER and more FREQUENT”.

I hope I am wrong.



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.
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.


Dow 30 video game bad boys. Shame on you!. Monday Dec 1st. The Dam finally bursts . “If Santa Claus should fail to call Bears may come to broad and wall” . Russian Mafia. Will Tesla be the tucker auto of this century?. Water, water everywhere but not a drop to drink.

By the end of Thanksgiving week, all my people were totally out of the market. They know when I say “everybody out of the pool”; it means go to 100% cash. At that time, it was obvious to me that it was getting harder and harder for the “Dow 30 video Bad Boys” to paint the tape; the volume of down stocks vs. the volume of up stocks was getting greater and greater.

In my last blog written on Nov 19th but not entered on, YouTube, twitter, Google until Nov 21st  because it was my daughter’s birthday Nov 20th  and I wanted to wait till that day passed so I could write a story about my memories of her growing up.

In that blog I mentioned that I thought the “Dow 30 video Bad Boys” were manipulating the Dow High frequency Traders, Flash Boys and recently laid off and possibly the Hedge Funds Crooked FX Traders.

the manipulation was obvious to me by the internals of the market on Nov 13th which I said “I couldn’t swallow”

Well, on Monday Dec 1st, the dam finally burst the tape painters ran out of the paint. They couldn’t support the Dow any longer. The down volume was almost 4 to 1 over up volume. But the real tipoff was the S and P 500 Down -14.12. That translates to a Dow down at least 140 to 160 points, not down 52.44.

It’s not secret, on any given day. Just multiply the S+P, up or down by 10 and more often than not.

It will tell you what the Dow is really doing, give or take a little. Try it for a while, you’ll be amazed at how often the S and P times 10 = the Dow.

Example- market (Lose Fri Dec 12, Dow Down -315, S and P 500 -33.

I’ve been watching this game for about 50 years now and no one can tell me anything different. Even the new lows are now out numbering the new highs. It’s not hard to keep track of these numbers. I just hit Finance; they do a pretty good job of giving you all the numbers and much more.

My friends, specially the “Oracles of Juniper Valley Park” often say, Frank why can’t we just buy and hold like Warren Buffet, instead of jumping in and jumping out of the market.

Warren Buffet is not a Buy and Hold guy; he is a buy for life guy. He holds stocks longer than most people live.

Let’s admit it, he is a genius. Do you think it’s  easy buying a stock and holding it for 30 or 40 years and feeling confident that that company will still be in business 50 years from now.

He is one of a kind, once in a lifetime phenomena. Hey, we got in the market over 4 ½  years ago and didn’t sell until this July, 6 month ago, called for an October Blood bath. Almost got it. Bought stocks back on the selloff, which paid off and most recently I asked “everyone to get out of the pool” the week before Thanksgiving. I only do what the market tells me to do.

Now you know how important market internals can be.

If Santa Claus should fail to call Bears may come to broad and wall”

I don’t know the accuracy ratting on that theory but it must have worked enough times for people on Wall St. to still quote it.

It’s the Santa Claus Rally

Like I said over and over, I still think the economy will continue to do better but we are not out of the woods yet, malls are still folding, retail sales have slowed. The employment picture is brighter but wages are stagnant, financial engineering has gone as far as it can, the con summer is or almost is taped-out or will be after Christmas, car sales are great but that’s because the average car is more than 10 years old and when your monthly car repair bill are more than the monthly payment to buy a new car, you don’t have  much of a choice , plus dealers are giving cars away with subprime lending practices and with all this, not to mention geo-political risk, Ebola, and Isis . I just think the market is a little ahead of itself.

The Russian mafia

You know this guy Puttin has some pair of huevos (eggs) as they say in Peru.

Kruschev, he was a clown. I can still picture him at a United Nations meeting pounding his shoe on the table.

Puttin’s determined. Most of my working life I lived in Rego Park Queens NY and every day I would walk down 63rd Drive to the E train to go to work. There were 3 or 4 Russian restaurants on 63rd Drive and there still are 3 or 4 even today, naturally they were closed in the morning but coming home at nite they were open and more often than not, there was a bunch of Russians always all men, loudly arguing on the sidewalk. I mean heated arguments I always got the feeling there was more than just food cooking inside. These guys looked tough with their fortunes and assets tanking with the Russian ruble. I wouldn’t be surprised if they made an attempt on Puttin’s life unless he has included them on some end game benefits.

Will Tesla be the Tucker auto of this century?

Do you remember the Tucker? No. Do you remember the movie “The Tucker”?

I saw it with my son Greg, well the Tucker  was a car way ahead of its time and the Detroit car makers put up enough road-blocks to stop it from getting off the ground, not too unlike todays Tesla, plus if the price of oil stays down here or goes lower.

Americans are slow to change old habits specially habits they enjoy, like owning and driving muscle cars that go from 0 to 60 in 3 or 4 seconds and really sounds great.

I know how much Americans love their cars I know because I lost a lot of real estate and other toys that I enjoyed and the thing I miss the most and think of the most is my 1986 Corvette, in fact I keep a picture of it in my wallet till this day. The picture was taken with me and my youngest son Greg standing by it.

Water, water everywhere but not a drop to drink

I don’t know who said it, if you do please tell me.

Well, rising water levels offshore and lowering levels onshore. California thinks their drought will end soon ha! I don’t believe in Global Warming, it’s just a cycle. Do you know that they found dinosaur bones and fossil trees and leaves in the Artic where snow has melted and exposed these things?, it must have been very warm there at one time and the same time snow and ice are accumulating in other parts of the world. What I do think has happened , is that the earth has shifted its axis, a little bit North and a little bit East, making California now part of the desert and also causing the earth to move up and under a lowering jet-stream causing severe winters to occur further south in the US.

I think they should build desalinization plants in very town that is on the ocean in California. The plants don’t have to be right on the beach, just water pipeline in the ocean extending to the plant a mile in land. Hey! It beats drinking toilet water and having water wars.

Caution. 10% of my emails incoming and outgoing are not being transmitted. It’s an international problem.

Thank God I can finally stop smoking in a painless and happy way. Palm Beach Vapors is coming out with E cigarettes with cannabis oil. Wow!, who is going to want to smoke regular cigarettes with this available.

Sorry the company is not public, that’s the first thing I checked.

NASA claims they would find aliens within 20 years. Why does our government and their agencies that IRS, CIA, and other pools of idiots think that the citizens of this great country are stupid. Do you know how much money has been spent, covering up Roswell for decades? I always believe they existed and I know most Americans do also. If you don’t believe in aliens, just checked out the last 5 or 6 appearances of Harry Reid and listen to the things he said, out of this world.

Again I don’t got good grammar and I don’t got good spelling, plus my wife who is nice enough to type my blog, is Peruvian and don’t got good English and I don’t speak Spanish. Most of the time is the “I love Lucy Show” around here, with Lucy and Ricky yelling at each other and I love it.