The Dow Jones Industrials closed at 15303.10 closing below initial support at 15325 yet holding 15125. The primary support lies at 14390. A weekly closing BELOW that level will signal a short-term correction is underway. The nonsense spouted out by domestic analysts that the market has rallied because the Fed easing is just gibberish. Japan […]

The Dow this week reached 15408.00 with our projected technical resistance standing at 15438.92 followed by 15693.27. Next wee we see 15477.63 and 15731.98 as technical resistance. The Weekly Bearish are in the 14300 zone and a crack of that area would signal a drop to the 13500-13600 area. The Weekly turning points are shaping […]

NASA is abandoning Windows they say to maintain a more stable operating system. Interesting. http://www.telegraph.co.uk/technology/news/10049444/International-Space-Station-to-boldly-go-with-Linux-over-Windows.html

In June Gold, a closing below 1439 will keep gold in a vulnerable position where support next week will be at the 1385-1400 level with still resistance at 1476 even becoming firmer. In silver, the support lies at 2250. A daily closing beneath that will signal new lows ahead. The day of the high for […]

A reader in the field writes to correct the posts regarding Windows 8. To clarify, indeed, all systems since Windows 2000 phone home. What I object about with Windows 8 is that it now reports 3rd party programs that you install. Granted the theory is they are protecting you like government. This I find offensive […]

We have succeeded in removing Windows 8 and replacing it with Windows 7. It looks like we will have to move to LINUX. Some companies are making their systems hardware specific so you cannot remove Windows 8 such as Dell & HP. The question we must ask is what is going on. Why is there […]

Ontario asks federal government for help catching tax cheats. It never dawns on these people that we are not economic slaves. They reward themselves pensions nobody in the private sector can get just as Congress is excepting itself from Obamacare. They then hunt people down to rob them for their benefit and have the audacity to claim […]

No we are not in the final stages of a phase transition. We are still inside the normal channel. To create the phase transition, you have to break through the top of the channel and then really run crazy. In gold, we reached $400 in early December 1979 and then rallied to $875 by January […]

There have been a number of questions about the Dow and isn’t it a major high when the central banks are buying? No! There is a huge problem in the reserves of nations as this is why there will eventually be a massive short-covering rally for the dollar. Google dollar devaluation and what you see […]

The History of the Dow Index It was on July 3rd, 1884, when Charles Henry Dow first began publishing his Dow Jones Index Average. Eight months later when the index was being published daily it was composed of 12 stocks, 10 of which were railroads. Keep in mind that it was the railroads that were […]