290. What do the stock charts say today?

Seems we're still in heavy BUY mode. I keep waiting for the next drop to get a more accurate long-term guess at the market, but it doesn't come. Williams R% still hasn't signaled a drop since 9/1 -- 28 day rally continues. However, we are at the end of another month AND quarter, so expect profit taking and then reinvesting to be commonplace for the next 4-5 market days. Maybe we'll finally see the signal to keep investing.

289. HP is too far out on the limb

HP has climbed to the farthest twig on the limb now that it is also dropping the Andriod platform. Did Obama's twin become CEO over there? Shunning CISCO, Microsoft, and Goggle was enough to question their gamble. I certainly wouldn't be invested in HP today.

288. Well, there goes Blue Cross/Blue Shield belly up in Amarillo!

How many other locations will follow suit with Amarillo, TX? Here many doctors and now one of the two largest hospitals will no longer accept Blue Cross/Blue Shield Insurance. Get the picture Obama? It is also getting more difficult to find a doctor who will accept Medicare or Medicaid. So, not only are insurance premiums increasing, choices are disappearing. What I find interesting is that here in Texas is that Blue Cross already had a high-risk insurance pool. Now, I don't know the reasons why Blue Cross is getting shunned here other than rumors that they were unwilling to negotiate prices. It seems quite reasonable that hospitals and doctors are being so hard pressed that they have become unwilling to accept the low-ball pittances from the big boys who think they can manipulate them. Who will eventually win is unknown, but I think I correctly guess who will become the goat until they do come to some compromise. What does one do if they hold Blue Cross insurance and now it is no longer accepted? What a mess!

287. Let's all have a picnic.

Don't you love the show of hard work and leadership displayed by Obama's daily picnics? I find it humorous that O thinks having a picnic every day and CNN kissing his butt showing it will convince the majority of Americans that by barbecuing beef will fix the economy and job problems. Treating his friends in backyards is not solving the JOB problems, nor the economy! It's campaigning and its pathetic. These picnics and CNN's coverage is the dumbest thing I have ever seen. Hard-working democrats must be hanging their heads in shame while the Republicans get a chuckle a day. How many of your tax dollars per day go into a presidential picnic? WAKE up America. We need NEW leadership FAST. What a disgrace.

286. Dems = Protectionism = Trouble

This article warns us of the Dems moves to emphasize protectionism FORMALLY and VISIBLY. The need for a law is NOT required to compete in the world. We need to adjust to the competition: we need to correct the bad habits forced upon us by the unions and bring our work forces into check to save our own butts! We, i.e. the unions, created the problems with UNREASONABLE pensions, pa, and other perks. The unions, although they did originally have benefits, have made us noncompetitive with the world through excessive demands and lobbying. How can we expect other countries, not just China, to seriously consider helping to correct our fallacies when we are unwilling to move to correct them ourselves? Articles such as these continue to illustrate how China's currency has continued to INCREASE against the dollar, yet it still isn't enough? It also explains that lower a country's currency intentionally, such as printing more money as the U.S. is doing, increases that companies exports. So, we continue to point fingers at China when we continue to print money and lower our currency. Hey, wake up! We need to STABILIZE our currency value in order to ensure it remains the currency basis for the world! See the double-edged blade? Lower currency=greater exports=lower deficit=higher risk of dollar losing world recognition and trust=Euro or some other currency becoming the basis for oil, gold, etc. killing the dollar entirely=dollar becomes worthless=depression=NO JOBS; whereas, Don't print money=dollar stabilizes or strengthens=deficit stabilizes=more countries invest in our investments=our economy grows=MORE JOBS=economic boom. So, in my opinion, lets clean up our own house. Let's crack down on the bad union practices and drop the formal laws that would make it almost mandatory that import taxes are put on everything causing worldwide turmoil and protectionism! We need to CUT SPENDING, LOWER business capital gain taxes, eliminate the unnecessary and excessive perk requests and get on with creating jobs TO COMPETE.

285. Way to go DILLAS

Just a local cheer for the local baseball team, the Amarillo Dillas, which won its third successive United League championship last night against Edinberg 10-8. The game was fantastic withe the Dillas giving up 4 runs early and even went 5 runs behind until the bottom of the seventh when they let loose. Alberto Cruz, their first baseman, smacked two homers in the game after hitting one the previous night also. I love these games. Every seat is great and two beers for $3.00 is a bargain. Plus, $6 to get into all series games made the Labor Day weekend two cheap nights out. The Dillas won the previous game 13-3.

284. O Talk, Talk, Talk ... Time For Action

Will O finally begin to see the light? According to this article, the answer is yes. But, let's not forget that the November elections is coming up. Is O separating himself from the party -- hasn't worked the other way for him! Yet, his proposals are still TALK and still NOT the lowering of business capital tax rates that are needed. Let's consider why businesses are not hiring, like maybe they are uncertainty of the future given the chaotic economy both domestic and worldwide. So, will giving new business tax credits for the year 2011 spur job growth or simply allow the businesses to replace old equipment with new equipment? Should make their after-tax income look good at the expense of generating government tax revenue. So, the companies will LOOK good and the government collects less keeping the economy uncertain. The businesses will jump and suck money out of the government (whoops, us) via tax credits for ONLY 2011 and still run into the business tax rate of 35% going UP! This is like holding a carrot in front of a donkey (pun intended). Will we see new small businesses jump up some? Possibly yes since there are always people wanting to start there own business. How many will make it given higher capital tax rates and higher health insurance? Following me? More than the normal number of losses will cut the cords resulting in no net job gains. How about large businesses? As I mentioned they have been holding back on all expenses (equipment and personnel). Give them an investment tax credit and they will suck it up; but that won't mean adding jobs!

My conclusion is like always. Too little too late O! You need to clean house and stop campaigning to your choir. You need to see the long term solutions, not play with your rusty pogo stick which will only squeeze out a squeaky rise followed by the same 'ole fall as before. I don't know why I give advice the ego-centric O; I certainly can't believe him or ever rely on him and want him out! Bring back the elephants; point the donkeys with their carrot vision towards the cliffs.

283. Go State!

YES! Joe Pa starts a Freshman QB, Robert Bolden, and wins 44-14. It could be an interesting 4 years -- 2 Freshman QBs and 2 SO QBs. Youngstown State gave the Lions a challenge the first quarter and even 2Q, but the Nittany Lions blew them out in the second half, giving them one with 44 seconds left in the game. Go State!