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Dow Jones Lower into Friday/Monday

This week still looks to be the target for at least a temporary low. The Dow has broken the 15000 level with support beginning at the 14825-14805 level. Additional support lies at the 14718 level down to 14648. There is a gap down thereafter to 14450-14393. The major support starts at 13782 and only a […]

Economy Turning Down

While Wal-Mart turned down, all retail sales are off significantly and we will see this on a wide scale basis and this will be the “fundamental” behind the decline and fall of the US share market into the weeks ahead. Ever since the ECM turned, the share market is slipping. With the crash in retail […]

Email service used by Snowden shuts itself down, warns against using US-based companies

Glenn Greenwald has been championing Edward Snowden and has reported that the Email service used by Snowden has shut itself down, warning against using US-based companies: ‘Google, Facebook, Microsoft, Yahoo, Apple, and the rest of our internet titans. He askes why have these companies rolled-over and are not fighting for our interests the same way. The […]

The Next Generation Pensions R Vanishing – Why The Dow May Yet Double

Since the late 1990s, the birth rate is relatively constant at 1.4 children per woman in Germany. according to the Federal Statistical Office . This is effectively the same trend among all developed nations. This eventually leads not only to the fact that the population is decreasing not only in Germany but in all developed […]

EU To Limit Cash Withdrawals to 100-200 Euros per day If a Bank Goes Down

The model in Cyprus of limiting cash withdrawals from banks is being adopted in the EU for the entire system. The European idea of socialism is the sustainability of the government – not the survival of the people. Europe continues to destroy its economic future by undermining public confidence in their entire financial system, http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdeutsche-wirtschafts-nachrichten.de%2F2013%2F08%2F07%2Fneue-eu-regel-sparer-muessen-um-guthaben-unter-100-000-euro-bangen%2F

Dow & The Correction?

The Dow Jones has been crawling higher but it has been unable to get through the key resistance at 16000. The oscillators are now starting to get tired on a daily level. A daily closing back below 15390 will shift the market into a declining position. We need a weekly closing below 14805 to suggest […]

India Shuts Down Gold Imports

Indian banks are now required to set aside 20% of all imported gold for export purposes. Gold is now to be held in bonded warehouses and banks may only import additional gold after they have exported at least 75% of those reserves. We reported previously that the current account deficit in India has been driven by the […]

Dow & the Future

The Dow Jones Industrials are approaching the major top of the up uptrend channel. which stands at the 16000 level for the 3rd quarter. We have a turning point in September. The real question is will we breakout and move into a Phase Transition going into 2015.75? This depends entirely how we interact with this […]

Microsoft – Why NASA Dumped Windows & Why Skype Must Be Dumped

Microsoft has collaborated closely with US intelligence services to allow users’ communications to be intercepted, including helping the National Security Agency (NSA) to circumvent the company’s own encryption, according to top-secret documents obtained by the Guardian. http://www.guardian.co.uk/world/2013/jul/11/microsoft-nsa-collaboration-user-data After digging into Microsoft’s Windows 8, I became very alarmed that the Start Screen was reporting back to […]

Dow Jones – To Be or Not to Be

We wrote on June 20th: “The Daily Bearish Reversals are 14670 and 14392 with the Weekly Bearish at 14390 and 14360/ The key support starts with the Monthly Bearish at 13139 and 12940, with the critical support at the Monthly Bearish at 12220.” We elected the minor Daily Bearish on the 24th but that was […]