Monday, August 24, 2009

Take profits and invest in sectors left behind

The FED stock market bubble will last until alternative investment gains popularity. After the 2000 housing became the new investment for younger people. About 14% of them are now trapped as are about 75% of stock market investors. Remember a 50% rise after a 50% stock market loss is still a 25% loss which is not far from the housing price decline.

This FED manipulative intervention is bankrupting the American economy with a projected $7 to$13 Trillion in debt and could bring about a Great Depression.

The Black Panthers who intimidated people going to polls at the last November elections were completely let off the hook by the Obama Justice Department. However the Justice Department has now recommended that the attorney general reopen and pursue nearly a dozen CIA terrorist prisoner abuse claims.

They now estimate 50 million, not 40 million indigent and illegal American will get entitlements to health care with the new plan but Obama says it will cost less and we will get faster service and seniors will not be encouraged to die. What a joke. The absurdity of the Obama health plan is hitting home. The Medicare program and Socials security programs run now by Obama are going broke and Obama claims the new 50 million entitlements for health care will save them from bankruptcy. The country needs a vacation from Obama.

Furthermore health care will no longer be insurance against catastrophic medical losses it will cover Aids and all other life style illnesses except smoking. All American medical records will be on computer and smoking related illnesses will not be covered. Late term abortions of course will still be covered but smoking is an Obama administration sin. Last week the congressional reluctance to take up Obama health care was derided by Obama who said congress was getting the, “Wee wees.”

This blog could be removed within fifteen days if it continues criticisms of socialist policies. Suppression of the freedom of speech is something new to America and now you can report blogs like this and the government will "encourage" the blog masters to shut it down. Yes, there is now an official White House blog in which the Obama administration asks supporters to report back sites like this. And apparently someone reported us for anti socialism. For more information use either of these terms in your search.

Foreignpolicy censoring voice America August 2009
or
idiotsforobama censoring August 2009


Market forces August 24

Asian markets were up in the range of 1% to 3% last night.
European markets are currently up 0.5 to 0.9% awaiting direction from the American markets.
US market futures are up about 0.3% before the opening today. That could fade fast during the day.

Last week the American markets trounced the communist Chinese markets and retook world market leadership. It is evident that the Asian markets are paper tigers now ready to collapse. In the USA 50% of new businesses go bankrupt within 5 years of incorporation. That is normal but China has not allowed that to happen. China’s losses and failures are being hidden. As Obama said, “The chickens will come home to roost”.

The Wall Street Journal said today that some bullish analysts, after having successfully called the market's March bottom, are now taking a bearish view. The recent gains have passed fair-market value and could retreat in a hurry. One money manager sees "seven lean years" of sluggish returns ahead after the seven years of overpriced stocks. Nouriel Roubini, the New York University professor who predicted the financial crisis and the bottom, said the chance of a double-dip recession is increasing because of risks related to ending global monetary and fiscal stimulus.

Our strategy now is to continue to invest in stocks in sectors typically after they fall out of favor and to take profits that recently can exceed 5% in a wk and 10% within a month. Rates that high are not sustainable in a recession which the socialists and other anti-Americans could still make into a Great Depression. What is an “anti-America?” An “anti-America” is someone opposed to free enterprise, competition, and the US Constitutional guarantees of liberty.

No comments: