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Are We Getting Closer To The Producers Going On Strike?

CNBC’s Rick Santelli Telling It Straight

Check out Why Bears Are Finding Such A Good Meal With The Dow

I want you to take a look at: Why Bears Are Finding Such A Good Meal With The Dow 


Reapproachement?

Drudge Headline “Clinton seeks to improve US image with Muslims…”

Maybe, she should begin her own TV Station!

Yellowstone Lecture In Bozeman Thursday

Thursday night in Bozeman Bob Smith, a University of Utah geophysicist who works with the Yellowstone Volcano Observatory will speak at 7 p.m. at the Emerson Cultural Center about the latest developments in the park.

He’ll…talk about the origin of the Yellowstone hot spot and what scientists have discovered about it by using thermal imaging. He’ll describe how the hot spot is driving the deformation on the surface, an uplift that has accelerated since 2000. And he’ll talk about the earthquake swarm in December and January, the second-largest ever recorded, which was concentrated largely around the northwest corner of Yellowstone Lake.

He’ll also talk about a push west of 4 millimeters, or .16 inch, a year caused by the uplift that affects the land all the way to Reno.

As the crust is pushed, Smith said, geophysicists are seeing a clockwise rotation of the different tectonic plates across the interior of the West.


Trader’s Blog

Crisis Opportunity

Trader’s Blog has some very interesting videos and I would be remiss if I didn’t bring them to your attention:

On Friday they posted 5 Stocks That Are Bucking The Trend. They have a video that shows what a buy signal looks like and, by implication, how you can search for the right time to purchase companies that you follow.

Today, Trader’s Blog has a video titled The 10 Golden Trading Rules. Adam Hewison at Trader’s Blog does everything he can to educate and mentor traders to be successful.

Finally, Gold and Silver have been very strong. Gold closed 2008 with its 8th yearly close and |Silver has rallied from a low of $8.79 in late October to $13.625 on Friday. What’s in store for the future? Mover Mike has posted about Gold today here and Trader’s Blog had a video on February 4th titled The #1 Predictor of Inflation or Deflation.

Portraying Muslims In A Positive Light

Muzzammil Hassan, who is accused of beheading his estranged wife, is the founder and chief executive officer of Bridges TV, which he launched in 2004, amid hopes that it would help portray Muslims in a more positive light.

Good job, Hassan! I’m more positive than ever that Muslims believe in beheading.

Looking For A New Baby Sitter!

Girl, 5, falls out of moving car driven by baby sitter in Coos Bay, Oregon.

It’s Time To Pick Up Our Chips!

Jake, the Champion of the Constitution (libertarian) writes in 18 Days and Counting – Silver Backwardation Persists in the London Market Place

Despite all of the tightness in the market as demonstrated by the SIFO chart, the Dollar price of silver is still well below the average price for 2006-2008, while Euro/Pound are nearing new highs due to FOREX market.

Gold has soared to new all time highs in term of the Euro and Pound and is within 8% of its record high in USDs. Silver closed Friday in NY at $13.625. If it acts like Gold we could be seeing $20 soon, IMO.

Jake writes that backwardation “is (a) blaring siren signaling trust in the Dollar is being lost. When I first mentioned Backwardation??? Gold closed for the day at 801.60! Rising precious metals and a falling dollar can’t be good for the market. In fact Carl Swenlin at DecisionPoint.com wrote Friday that Earnings Are Crashing and the S&P could be overvalued by 500 points!

In my opinion, the bear market is far from over. Whether or not there is a substantial rally, I believe there is another 50% decline coming. That would be a downside target of about 350 on the S&P.

It’s time to pick up our chips!

Our Country Is Broke!


Volcano – Jimmy Buffett

Theme song for this stock market!?

It’s time to pick up and go!

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