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Month: October 2014

Is it Safe to Fly In & Out of JFK?

The question of whether it is safe to travel in and out of JFK is a serious question. The only possible way to get government to be competent is to simply boycott...

The Dow for the Close 10-17-2014

  So far so good. The low may hold and a closing above 16331 today will help to relieve the selling pressure. A closing above 16660 will signal that we may see...

Forecasts from 1986

A reader just sent in an old forecast from 1986. It stated back then the Sovereign Debt Crisis would begin 26 years from the birth of the G5 in 1985 = 2011. It then...

The IMF & ECB Cannot Prevent the Euro Crisis – Welcome the Pandemic of Uncertainty = High Volatility

So far the Dow has held the previous day’s low and a higher close today will still point to a bounce into tomorrow, However, we are in the midst of a Pandemic...

So Where is the Bubble?

  While those who advocated stocks in various institutions are being demoted and the bond bulls yell I told you so, as Melon famously said in the start of the...

Dow – The Aftermath 10-15-2014

The next support for the closing was 16131. Indeed, we stated “if that holds we may have a low today temporarily.” That appears to be the case and a...

Dow Update 2PM 10-15-2014

  This is the main channel – the Weekly Breakout Channel. A retest of that area is normal in any uptrend. The top of that channel lies at 15574. The key...

The Dow Today in a Nutshell 10-15-2014

  We seem to be in a race to see who can ask government to hold their money. This is the classic flight to quality (i use that word loosely). The talk on the...

Who’s on First

  Behind the curtain, the long list of those who support the USA against ISIS has no substance. Why? This is a religious war and therein lies the problem. The...

When everything is regulated, it becomes technical and loses all common sense

COMMENT: Loved your candid picture of the little boy in Brussels taking a leak on Europe. It is so true living here. REPLY: Well, it is a shame but all governments...