News is still being manipulated to the negative.

Asia/Pacific markets were down about 1% on average last night with China down 0.5% and Japan and India down over 1.1%. European markets are currently down about 0.8% watching US futures that currently show the DJI opening slightly below 8000. The last DJI low was the recent 7949 but the low on November 21 was 7392.

We recommend watching one's portfolios carefully to use these rallies wisely to reduce holdings. Some of the high dividend and Asian market investment we expressed interest in have advanced significantly. Yesterday DSX was still paying a dividend of over 28% per year and was up over 40% from when bought it. We never mention specific stocks just categories and conditions to screen for. High dividend is not enough. The ability to pay the dividend is equally important and that means they need to be cash cows today. But the window of opportunity to sell and take profits is open now and we will reduce our profit expectations so that we can liquidate most profitable investments in the rallies until the window of opportunity closes. The earliest the window could close is still a few weeks away but it could stay open longer. In 2007 the selling window was open June20 to Nov 2, 2007. Even if we cannot get out of some of our investments right now with a profit, their high dividends and their low debt and plentiful income, and cash cannot be beaten. It makes some of them worth holding into the next rally.

A gauge of the private sector job market showed that the nation’s economy lost more than 500,000 jobs last month, down from a December record level. The ADP National Employment Report, which is put out by ADP Macroeconomic Advisers, showed that the cut in January was basically in line with economists’ expectations. The US Pravda however gave it a negative spin because it is too early to report any good news because people might realize that the improvement was before the new administration has done anything. It is extremely important to continue to pretend we are going into a depression so that if Obama actually puts us in a depression with his socialist policies, he can still blame Bush. It would be counter productive for US Pravda to point out that normally in recent years January sees about 80,000 more layoffs than December because sales forces are trimmed after the holidays. So the fact that January payroll force reductions were less than in December was indeed very, very good news that the US Pravda media had to work very hard to spin as negative news. The current administration is still considering a fairness doctrine to reward US Pravda for their fair minded spin and silence any press that tries to report truth or refuses to distort statistical facts to make the past administration the fall guy for the fabulous new administration.

President Obama finally did what President Bush should have done and told greedy incompetent Wall Street elite that if they want government welfare then the top level they can scam taxpayers for their shoddy work is $500,000 a year. That is more than Stalin, Hitler, and most world famous cannibal leaders ever took home in salary and bonuses. Goldman Sack executives immediately responded and said they would like to pay back U.S. TARP money soon. CFO Skinny Vinny said Goldman Sack Plunderers Inc. wants to repay the $10 billion it got from the U.S. Treasury last year to signal the firm is legit and to escape limitations that were just imposed for treasury usury, GM's Scareface and Chrysler's Lefty Do-little said they had nutin to say to da press. Dey got udder income Obama don't even know about.

Good luck on your investment journey in this Orwellian politico-economic wonderland we have entered as we flirt with socialist nationalization of America.