France is using the terror attack as the excuse now to shut down pre-paid debt cards. Terrorists can circumvent any restriction. It is like gun control. Criminal do not buy guns at a store. Like drugs, they are readily available on the streets. Regulations only impact honest people just like debt cads or whatever. I […]

There is something not quite right about this entire incident of Turkey shooting down the Russian fighter jet and then attacking the rescue helicopter. Sorry, but Turkey is way out of line when they KNEW that Russia had no intention of attacking Turkey. A argument that Turkey will defend its borders implies there is a […]

European Union countries are of course using terrorism as the excuse to now crackdown on any virtual currency claiming that anonymous payments made online and via pre-paid cards “can” be used by terrorists without any proof they even know how to use such currencies. The EU is using terrorism to crackdown on taxes without admitting […]

Our sources in Paris have said that the city is under siege with about 150 people dead. Hollande closed the borders and there have been secret meetings taking place in Europe as the reality of the refugee crisis is starting to hit home. Discussions warn that Europe has been infiltrated and the reaction is to […]

The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit, waiting for everything to align. A closing today below 17785 will signal that this is not ready to breakout and a retest of support is likely. Key support lies down at 16500.

The Dow has been electing Daily Bullish Reversals since the start of October. Given the fact that the DAX did break last year’s low on the ECM target and turned up, we may be looking at the breakout to the upside next year for the phase transition. Our original forecast for the peak in share […]

Yes, there were ONLY two possible patterns (instead of countless): (1) the slingshot where you penetrate the previous year’s low and then blast to new highs, or (2) you base until the Gold Benchmarks and then enter the Phase Transition. Either way, new highs were ahead. There was no indication of a crash to some 50% to 90% […]

The Dow closed neutral on our indicators for the month-end of October. We have held support below and bumping against resistance. There are only two possible patterns: (1) a slingshot move that penetrates last year’s low and swings to new highs in a blast to the upside, or (2) we simply base and then enter […]

The Dow held the 15500 number on the Weekly level and then held 16280 level. Our models warn that a slingshot becomes possible taking out the August low. On the upside, we still have the major resistance at 17760 and it will take a weekly closing above that level to suggest a breakout back to […]