282. The Big O

Do you know what vision I get when the anointed one is on TV? A big mouth shaped like an "O" that spews out information that is as usable as the output from a shredding machine. Chewed up THOUGHTS with no documented, actionable plan. But, as expected, all sounds from his mouth are based on politics. Remember quite a long time ago the DRILL OFFSHORE words? How about the STIMULUS WILL REDUCE UNEMPLOYMENT lines? Now one could rightly conclude everything he says is LIES. Or, one could him the benefit of doubt that he is just a shredding machine and spews out whatever his puppet masters feed him. Either way, he comes up nothing more than oil slick on a linoleum floor that we all have to navigate to live our lives. What's the latest? How about reducing taxes for businesses...DUH! I like how he then takes credit for these mind boggling discoveries! It only took a garbage can on his head with a dozen people rapping it with baseball bats to finally agree with the economists and public, who knew BEFORE he actually took office, that cutting business taxes will create jobs. Let me qualify that statement by indicating that the non-liberal individuals and those literate in economics have been suggesting these moves. And where did the other clowns who voted the bum in stand? In the mud like the rest of us, but with hearts, not brains, attached to the leader's rhetoric. What's so sad is that we are a REPUBLIC. It's our elected officials who are supposed to be savvy enough to understand what is correct. Unfortunately, the elected officials are too myopic of their own selves and political careers to give a crap. They see persuading the other clowns that their bridges to nowhere are important -- yeah, to fool their state's citizens into a false feeling of hope. Isn't it time We the People take the time to LEARN and ACT? November presents a time to vote out the idiots from Congress. But, will the replacements, either party, be any better? Has anybody see a bill that eliminates ear mark entirely? How about NOT tacking onto an obvious winning bill, useless, unrelated, individual party interests? How about term limits to ensure the useless pile of representatives gets recycled with better representatives? We aren't always going to agree on everything, but can't we agree that Congress is poisoned with idiots that need to be removed from office?

281. Read Vince Flynn Books

Are you tired of the pansies in America who would rather apply all America's laws to the enemy EVEN when threats are immediately eminent? Tired of U.S. Senators coming to bat for the terrorists instead of interrogating them to prevent chaos? Tired of people who bad-mouth the CIA, NSA, and FBI over rumors or suspicions? That is, National Defense organizations who protect this country and CAN'T reveal secrets to the general public. Tired of leaks to the general public of time sensitive information that reveals the secrets? Well, pick up a Vince Flynn book then and meet Mitch Rapp, a CIA operative. Learn about the relationships between the Executive Branch, the Legislative Branch, the Judiciary Branch, the CIA, the FBI, etc. Learn how our government leaders screw each other to gain political power at the expense of national security. Learn about the terrorist cells and their thinking. Vince Flynn's books, although fictional, present some scary scenarios along with the bureaucratic hurdles our protective agencies need to maneuver to keep us safe. I suggest reading them in order, at least starting with the second one. All are excellent reads.

1. Terms Limits
2. Transfer of Power
3. The third Option
4. Separation of Power
5. Executive Power
6. Memorial Day
7. Consent to Kill
8. Act of treason
9. Protect and Defend
10. Extreme Measures
11. Pursuit of Honor
12. American Assassin (available in November)

After you read these you should start to appreciate the Black Ops being done under cover and in relationship with our allies. Enjoy.

280. We're Back

Sorry for abandoning you during the long summer doldrum months, but I was putting my money to use rather than watching it sit and just get crispy and brown lying in the sun. If you remember, I suggested to get out of the market around 11,200-11,300 and forget about trying to beat the big boys in their game of manipulating the market to tweak out gains (from we low-life individuals) and to boost their egos beating other big boys. You just can't ignore the manipulators -- hedge funds, trust funds, brokers, etc. -- who rely on their computer trading tools to automatically kick off trades, hoping to best other players. Also remember the downside effects President O's team has cast upon us. I wish my predictions would have been wrong, but the O-factor proved them all right. Thanks O for the booming economy, especially for the $787B (actually above $800B now) stimulus that was supposed to CREATE jobs! At 9.6 % unemployment, actually more in the Private Sector, we continue to slither on the basement floor's slime. Maybe this November will bring a spark of light when the Dems get to pack their ear-mark bags and get out of town. America needs a radical change (not a radical O-change though) -- reducing government spending is way over due. Let's first repeal a few money-sucking laws railroaded through by the Dems. But, let's not stop there. If the Republicans drag their butt reducing government spending and continue to allow ridiculous ear marks we're still doomed.

So, what have we been doing? We= Samantha and her human master who gets to type in these silly entries. The summer was consumed with the garden, of course, The heat out here in Texas -- mid to upper 90's all summer long -- didn't lend itself to growing tomatoes too well. I'll never learn this farmer stuff -- much too complicated (soil conditions, weather, insects, fertilizers, etc.). Did get some gret tasting sweet corn once the protein was removed from the ear ends. Squash struggled a lot, beans caught the same virus/blight as the tomatoes. However, the cold-weather crops did well -- turnips, beets, carrots, spinach, lettuce, onions, tyfon, Chinese cabbage. My second corn crop is about 2 feet tall and I'm trying to get a second bean crop going since the first was pathetic.

Anything else? Yep. Had a Four Season's sun room attachment put on to my covered porch and now have a 200 sq foot, tiled, temperature-controlled sun room. Well, let's say, the wife has a reading room. Got some great deals off the Internet (Patioshoppers.com) on wicker furniture, plus created a brick patio around the new sun room. That's where most of my money was spent productively. But, we then made a mistake (not really) by visiting the local art gallery and saw some beautiful paintings by Bonnie Marris. After searching the Internet, we ordered her "Idle Hours" and "Too Much Information" giclee canvas' and had them framed locally. they now hang in the family room forever to enjoy.

But now what? Is the market ripe? Actually, I've been buying when the market dipped to its valleys -- I use Williams %R to monitor the indexes. Yesterday signaled an oversold condition again (going up anybody?). The only question becomes when will it drop again after it goes up? Well, there is another question: Will it go up now. It did today, but the 50-day average is still below the 200-day average. When the 50-day crosses the 200-day, i.e., becomes greater than the 200-day, we're in for some up-time. If the Williams %R (14 days) when the market again dips is higher (actually lower, when graph line is above last point) I say that signals a long-trend up. Bumpy of course, but I suspect it will sneak up like it did down (see 1-year chart of DJIA and the successive declines of Willians %R curve peaks). I will now expect the William %R peaks to become successively better each time until it reaches the over-bought range (below 20%) and remain in that range for a couple of months. So, hang in there and watch the curves. Buy when there is a signal for over-sold, sell when signal for over-bought. When the curve goes into range, sit tight and let it rock.

All for now. I have several book reviews for you next time.