So far, everything has still followed the turning points. We got the fall in the US Share Market into early September and the bounce has been very strong. This is what I was warning about previously. The majority were very bearish and the shorts were lined up counting their profits. That provided the fuel for […]

It looks like we are headed to a shut down. The House will pass a Continuing Resolution for the debt ceiling, but they will include no funding for Obamacare. Not only do the Republican constituents demand they get rid of Obamacare, but as of January 1st, Congress is forced itself to go under this system. […]

Glen Downs is a Chief of Staff on Capitol Hill working there for nearly 30 years. Glen sees what is coming and is also deeply concerned. He will be the first to tell you Congress will do nothing to prevent anything. While Glen is not into the forecasting role, he is behind the curtain and […]

The Dow components are changing effective September 23rd. Goldman Sachs (GS) , Visa (V) and Nike (NKE) are in. Alcoa (AA), Bank of America (BAC), and Hewlett-Packard (HPQ) are out.

We elected the first Minor Weekly Bearish Reversal at 14825 but not the second at 14805. This warns that we still should press lower perhaps into next week. However, it does not signal a complete breakdown. The bottom of the Uptrend Channel lies at 14233 for next week. The Weekly Bearish Reversals are 14805, 14450, […]

Gold has rallied up to the key resistance level. We now need a weekly closing above the 1423 level before we go further on any sustained basis. The Daily Bullish Reversals are 144500, 146200, and 147730. The Daily Bearish now lies at 135400 so watch that level below. We should have had a temporary high […]

The US share market should have bottomed Friday/Monday. Instead, we inverted and made a meager high. This is not good at all. This warns we may see a test of the bottom of that channel next week or as late as the week of October 7th. Everything is indicating Obama may start a war attacking […]

QUESTION: “how can you possibly align staying away from bank stocks at the same time thinking there is a possibility the dow doubles in the next 2 years….NO CHANCE both of those happen (in my humble opinion)…ZERO….would love a scenario laid out, however, that big banks would flounder while the rest of the markets rip […]

Steven Ballmer who took the reins of power from Bill Gates, is leaving Microsoft in terrible condition. He raised the price of software tremendously where previously you could install a program on 5 PCs, now it is the same price for just one. He allowed the company to get in bed with the NSA and […]

I reported that Windows 8 was dangerous. Some wrote to argue I was wrong. I wrote why NASA announced it was dumping Windows 8 and that even Skype should not be used. Microsoft has been criticized for the Prism affair. Now appears that Windows 8 is especially dangerous. The German government warns against Microsoft program because it […]