Wednesday, February 10, 2010

Dodd, Toyota, and F---ing Global Warming Retards (to use Obama administration language), and other socialists corrupt everything they touch.

Dodd, Toyota, and F---ing Global Warming Retards (to use Obama administration language), and other socialists corrupt everything they touch.

Science, ethics, politics, business: everything is corrupted by the touch of the socialists.

Pseudo science is the result of the pseudo ethics of socialists taking power again in developed nations.

Manipulation of data to cut corners is not just a problem of those who would indite humans for natural global warming; it is now affecting the quality of products and services.

It is becoming increasingly clear that those who blame humanity for nature's glacial cycle that periodically cleanses the world of nature's rejected life forms are also at work in Japanese corporations such as Toyota. If the data deviates from the consensus expectation it is easier and cheaper for pseudo scientists and pseudo-engineers to adjust the data than it is to explain and fix the problem that the raw data is shouting about. Thus problems with Lexus brakes have been hidden by the same techniques F---ing Global Warming Retards use (to use Obama administration language).

World Outlook

Socialism in Greece and Italy causes the same culture of lying and cheating to avoid taxes as Obama and the democrat-socialists encourage by excusing Obama administration tax cheats who pay up when caught. Cheating on taxes in Greece and Italy is apparently the only intelligent thing to do when the socialists redistribute wealth to the indigent and people so lazy that they live in a country and don't even to bother to learn the national language. Can you imagine how lazy a person must be to go to France, Italy, or Greece and get into the welfare system without even learning the national language?

Only F---ing socialist retards allow that and that is one of the reasons the economies of socialist nations become shadow economies and ultimately disappear.

Greece cannot balance their budget because a majority of the people now avoids paying taxes by exchanging goods. The coat maker exchanges coats for the dress makers dresses. Both write it off as the waste in the manufacturing process to reduce marginal profit to close to zero. Their employees get to shop at the office for ten cents on the dollar and that offsets the lower wages that increase profits that the "production "waste" hides.

Connecticut Senator Dodd knows how it works. Countrywide gave him a VIP mortgage deal that saved Dodd a bundle that he did not report as income and has to this day refused to disclose to the public. Another socialist tax evasion trick Senator Dodd employed was buying a house in Ireland at half price to hide a gift from a political contributor who then got a favor from Senator Dodd paid for with taxpayer money. So in effect American taxpayers gave Senator Dodd both his houses in America and Ireland and Senator Dodd was able to cheat the IRS. That is what socialists do. They love to redistribute other people's money because it eases the guilt they feel for lying, cheating, and stealing from honest taxpayers.

Senator Dodd obviously believes, "Honest American English speaking taxpayers are F---ing rich Retards."

There has never been a brilliant socialist leader although some people confuse insanity and recklessness with intelligence. Hitler, Stalin, and Chavez were already known to be quite dull, bigoted, and paranoid when they rose to power. But Obama, all the same, chose to pose with Chavez and denounce America. We know the character of people from the choices they make.


Markets successfully tested their resistance areas and rebounded again yesterday. Volume increased 25% as the markets rebounded Tuesday. The October 30 lows held and the DOW closed above 10000 again. Now the MSNBC/GE/Pravda can make an about face and pretend the market is strong again. We expect the market top for this year is less than four months away. But be wary. The next decline could bring us close to July 2009 lows. That is still too far off to predict. But if the FED begins to tighten at the end of the year the market will likely fall 6 months earlier.
We expect economic signs will show improvement this week.

Coming Week of Market Reports:
We expect more evidence this week that the economic lows are now behind us.
Date Time (ET) Statistic For Actual Forecast Expect Prior Revised From
Feb 9 10:00 AM Wholesl Inven Dec - -0.8 -0.3% 0.5% 1.6% 1.5%
Wholesale inventories unexpectedly fell in December, prompting analysts to suggest the economy may have grown by more than estimated in the fourth quarter.

Inventories decreased 0.8% to $383.57 billion. Wall Street had expected a 0.5% increase in December wholesale inventories. Wholesale sales climbed by 0.8%.

Feb 10 8:30 AM Trade Balance Dec - -$40.2 -$32.0B -$35.5B -$36.4B -
The trade deficit in the U.S. unexpectedly widened in December, reflecting a jump in petroleum imports that swamped an eighth consecutive gain in exports. The gap widened to $40.2 billion during the month, the biggest in a year, from $36.4 billion in November,


Feb 10 10:30 AM Crude Invent 2/5 - NA NA 2.32M -
Feb 10 2:00 PM Treas Budg Jan - -$46.0B -$50.0B -$91.9B -
Feb 11 8:30 AM Contin Claims 02/06 - NA NA NA -
Feb 11 8:30 AM Initial Claims 02/06 - 475k 465k 480k -
Feb 11 8:30 AM Retail Sales Jan - NA NA NA -
Feb 11 8:30 AM Contin Claims 1/30 - 4550k 4590k 4602k -
Feb 11 8:30 AM Retail Sales Jan - - 0.1% 0.5% -0.3% -
Feb 11 8:30 AM Retal Sal ex-auto Jan - -0.3% 0.5% -0.2% -
Feb 11 10:00 AM Busins Inven Dec - -0.2% 0.3% 0.4% -
Feb 12 9:55 AM Mich Sentiment Feb - 75.0 75.0 74.4 -



Market forces Feb 10, 2010
All the American markets are above its previous 2-4 month cycle low that occurred October 30. The average investor does not know that on a market cash flow basis the market is already technically broken even if the unadjusted "lying" market indices stayed above the October 30 low. When the market rises close to the next high (in 2 to 4 months) they will not know it is critical time to take profits but we will. After the next high point the subsequent decline will likely break the old October 30 lows and challenge even the July 2009 lows. That would occur with FED tightening and rising interest rates.

Our corrected NYSE cash flow index already gave its Head & Shoulder neck breakdown sell signal on Jan 29 when the NYSE (corrected for trading volume) broke through the neckline of a head and shoulders formation and it plunged about 3% below. None of the lying raw DOW, S&P, or NASDAQ indices broke through their October lows. We expect the rally to lift the averages back close to previous highs. That will again mislead most investors into thinking it is safe to buy stocks just when they should be selling.

Asian markets were up over night; Shanghai up 1.1%, Hong Kong up 0.7%, India down -0.8, and Japan up 0.3%.

European markets are up in the range from 0.7% to 1.2% this morning about half way through their day.

Monday, US markets successfully re-tested their lows. Today US pre-market futures are up about 0.1% at 9 AM EST.

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