The New York Stock exchange said the market has now breaking down worse than last August

The New York Stock exchange said the market has now breaking down worse than last August.

Piggy parasites like Buffet and Soros support Obama and are cheating the American people. It has nothing to do with fair taxes it has everything to do with liberals who use Obama’s tax loopholes. U.S. House Budget Committee Chairman Paul Ryan said tax breaks for the parasites should be reduced as part of an overhaul of the nation’s tax code. “We should ask: Who should get them?” Ryan, a Wisconsin Republican, said yesterday in an interview with Bloomberg View in New York. The socialists would like to eliminate the deduction for charitable giving so that the socialists can punish the churches who get no government handouts while artists that use human feces for catholic icons get public funds. The socialists want good artists and community groups to have to beg for government handouts so the socialists can punish them if they do not support bigger government.

Warren Buffet was called a little piggy Tuesday on MSNBC for his using an insurance structure to avoid paying taxes. They said little piggy Warren Buffet talks a good game about fairness but then like a little piggy he brags about how smart he is in being a major world piggy parasite like George Soros cheating the American people. He brags he pays fewer taxes than his secretary does. It has nothing to do with fair taxes it has everything to do with liberals who have Obama tax loopholes they use. Overseas it is so much easier to cheat. There they have divisions of their companies that are not even on the books. It is called the underground economy and they ship all around the world with fake cargo slips... two or three times what they claim. The Mafia is said to be 90% underground economy and pay their taxes on 10% of their business.

Obama lies when he compares his depression to the great depression. The stock market dropped 85% in the great depression. The Obama stock market was no worse than Reagan stock market except Reagan was a capitalist and knew how to grow an economy. Obama is just another socialist parasite who wants a bigger more expensive government.

Eric Holden and Hussein Obama are the architects of the American voter fraud needed to get them elected. Vote early and often is the motto of Putin, Holden, and Obama.
http://dailyrushbo.com/limbaugh-okeefes-holder-voter-fraud-video-a-profound-embarrassment/

The fraudulent Obama 18% lead with woman apparently last week. Only Obama idiots can believe that because it implies now that about 22% of men think Obama is a stinking liar and will vote for Romney.
In a hypothetical Election 2012 matchup, President Obama and Mitt Romney are now tied at 45%. Matchup results are updated daily at 9:30 a.m. Eastern.
http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

The sting itself is not voter fraud but it just shows how easy voter fraud is. Idiots who support Holden and Obama are so clueless they do not understand just how easy it is to commit voter fraud now that Holden and Obama make it easy to steal your vote and just as easy to rob you blind as they are doing with the massive Holden and Obama medical fraud going on continuously.
http://mediamatters.org/blog/201204090013

Health-Care fraud cases filed by U.S. rose 69% to record, researchers say
http://www.bloomberg.com/news/2011-12-14/health-care-fraud-cases-filed-by-u-s-rose-69-to-record-researchers-say.html

Last week Obama’s illegal alien uncle was arrested again in Boston for drunk driving. http://www.warriorsfortruth.com/obama-uncle-illegal-alien-dui.html

http://bostonherald.com/news/regional/view/20220403uncle_obama_on_the_roads_again_rmv_approves_hardship_license

Obama fraud and racism spreads across America as a diversion from Obama’s failed socialism and his corruption of science and energy research. This past week the three major leftist lame lunatic news sources all admitted doctoring evidence to make George Zimmerman look like an assailant when he was the victim. Good thing they admitted it before the lynching started.
http://www.ibtimes.com/articles/324402/20120405/nbc-apology-911-call-trayvon-martin-zimmerman.htm http://www.theblaze.com/stories/cnn-enhances-zimmerman-911-call-again-and-reporter-now-doubts-racial-slur-used/
http://www.scrippsnews.com/node/68495
http://www.wgmd.com/?p=52758

Obama socialism is destroying free enterprise. Obama refuses to enforcement of the American Constitution and established laws. The Executive Branch is required by the American Constitution to enforce all of America's laws. Obviously Obama does not consider himself to be and therefore is not a legitimate American president. An astute observer has said, ”To the Russian and Nazi socialists, economic crises were essential to their power grabs. To the idiots Holder and Obama the Americans will respond to their crises by kicking their asses out of office.”


World market
China’s Communist Party moved to show unity after suspending Bo Xilai from the ruling Politburo and declaring his wife a murder suspect, ordering the nation’s more than 80 million party members to back the decision. China’s central television station read the charges against Gu Kailai, Bo’s wife, every hour on the hour, detailing how she had been arrested on suspicion of murdering British businessman Neil Heywood in Chongqing and immediately cremating his body to destroy the evidence. A commentary on the front page of today’s People’s Daily, urged cadres to “firmly support the correct decision” to investigate Bo.
http://www.bloomberg.com/news/2012-04-10/china-s-bo-xilai-ousted-from-top-party-committees-reuters-says.html

European Central Bank Executive Board member Benoit Coeure suggested that the bank is already supporting Spain and Italy bond-purchase program to reduce their borrowing costs. “Market conditions are not justified,” Coeure said at an event in Paris today. But Prime Minister Mariano Rajoy said Spain’s future is on the line in its battle to tame surging bond yields, as the head of the nation’s second-largest region proposed the government cut costs instead.

The membership of a special EU committee to investigate organized crime, corruption and money laundering, and recommend measures to tackle them was approved by Parliament on Thursday. The committee will have a one-year mandate and is to start work by the end of April 2012.

The Medicine Producers and Importers Union (MPI Union) of Armenia demands tightening of laws that regulate import and export of drugs, head of the Union, Samuel Zakaryan told a press conference on March 29. The Obama type laxity “On approval of import and export of drugs” passed by the government back in March 2011, resulted in emergence of counterfeit medicines such as Actovegin Forte, and Concor.

A fraud investigation into the health system is currently carried forward in the three Italian provinces of Campania, Tuscany and Piedmont, and has resulted in yielded 13 arrests and more than 40 searches in the houses of doctors and healthcare providers working in hospitals and private clinics. The investigation in Naples led to the arrest of a well-known surgeon, head of orthopedics at the Cardarelli hospital.

A Swiss pharmaceutical company has been implicated in the supply of a fake cancer drug Avastatin sold in the US. According to the US Food and Drugs Administration (FDA) the medication did not contain one of the active ingredients and was thus dangerous as well as ineffective.

There are growing signs of spying on U.S. universities and it is alarming national security officials. As schools become more global in their locations and student populations, their culture of openness and international collaboration makes them increasingly vulnerable to theft of research conducted for the government and industry. “We have intelligence and cases indicating that U.S. universities are indeed a target of foreign intelligence services,” said Frank Figliuzzi, Federal Bureau of Investigation assistant director for counterintelligence.

All the global stock markets are giving one year, seven-year and twelve-year peak to peak sell signals. Germany’s market is losing steam in a 12-year mega-trend decline. To see the megatrend look back to 1995.
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#symbol=^gdaxi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

The Swiss are still lower than last year’s high with a mega-trend decline. Choose max years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#symbol=^ssmi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

Emerging markets are still lower than last year’s high and look like a head and shoulder sell signal 12-year mea-trend decline.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#symbol=^bvsp;range=5y;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

American Economy
Obama shovel ready economic data manipulation comes with the latest job pitch. Obama economic progress is a very simple manipulation of data. If Obama was not corrupt he would report consistently from month to month not report fictitious good news but then quietly lower it in a hidden “revision” so he can fraudulently report good news the next month.

Last Friday
Nonfarm Payrolls Mar 120K sharply lower than 227K last month
Nonfarm Private Payrolls Mar 121K sharply lower than 233K last month
Unemployment Rate Mar 8.2% down from 8.3% more Obamabull

Yesterday
Wholesale Inventories Feb rose 1.1% after rising 0.4% last month for an increase of 175% (1.1/0.4). That is very bad because it means American production will have to be reduced. Obama as usual manipulated the data. He raised the inventory number last month (by 0.2%) after it was reported. He then reduced the published increase by 0.2%. It still was a bad report but says it only increased 50% (0.9/0.6) from 0.6% to 0.9% not almost tripling as was the truth.

This week Apr 11 7:00 AM MBA Mortgage Index 04/07
Apr 11 8:30 AM Export Prices ex-ag. Mar
Apr 11 8:30 AM Import Prices ex-oil Mar
Apr 11 10:30 AM Crude Inventories 04/07
Apr 11 2:00 PM Treasury Budget Mar
Apr 11 2:00 PM Fed's Beige Book Apr
Apr 12 8:30 AM Initial Claims 04/07
Apr 12 8:30 AM Continuing Claims 03/31
Apr 12 8:30 AM PPI Mar
Apr 12 8:30 AM Core PPI Mar
Apr 12 8:30 AM Trade Balance Feb
Apr 13 8:30 AM CPI Mar
Apr 13 8:30 AM Core CPI Mar
Apr 13 9:55 AM Mich Sentiment Apr

Market outlook April 11, 2012
Warm weather in the USA helped America while freezing weather in Europe and Asia hurt them making Obama fools think the American economy will lead the world out of Obama’s great depression. Obama says it is a great depression because it is a great opportunity to phase out American free enterprise and increase government fraud. Fraud is a basic component of wealth redistribution in Socialist countries. Some parts of Greece and Italy are underground economies.

The stock markets again could not break their upper resistance levels. Now the markets are within 1.5% of breaking through the lower resistance levels.

The DOW rails still do not confirm the last DOW industrial’s rise and are even lower now. No rail confirmation means there is no DOW buy signal. In fact it is looking like a head and shoulder sell signal forming worse in the Rails. The rails stopped exactly at their previous low of 5088.13. Check that out. The rails broke through the 100 MA resistance level and stopped short of a clear sell signal. It is the like last August all over again the day before the market broke down. 5060-5090 is the breakdown level for the rails.

http://finance.yahoo.com/echarts?s=%5EDJT+Interactive#chart1:symbol=^djt;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The New York Stock exchange said the market has now breaking down worse than last August.
http://finance.yahoo.com/echarts?s=%5ENYA+Interactive#symbol=^nya;range=1y;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

The VIX shows record complacency. A sharp computer sell-off could end the current rally any moment now and trigger huge stop-losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=

Baltic Dry Index is still indicating the worldwide recession is entrenched.
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were down sharply again last night. China up 0.1%, Hong Kong down –1.1%, India down -0.3%, Seoul down –2.7%, and Japan down –0.8%.

European markets are up today in a range of 0.1% to 1.5% half way through their day with Greece an outlier.

American market futures are up about 0.7% in after hour trading at 8 AM EST.