False Facts Have Led Our Country For Many Years

Market conditions last Friday left us with a 5 count to the put, meaning a market that still has the potential of downside, or a test to the 11, 050 again, unless something with the market creates FEAR that takes a normal, but surprise correction, to 10,800.

When our Dow projections, which are based on historical patterns, are broken (2 of 10 times this year, on average) the market has "reacted" once to almost bear conditions, and whipsawed back.

It is the breaking of the pattern that should be noted, however, as our work is based on number counting, in effect, and patterns that are broken MAY result in a shifting of emotion in the market.

False facts have led our country for many years, and the price is being paid. Unemployment came in at 6.1% Friday, settling the market at just above 11,050. The real fact, if you take out how unemployment statistics have been manipulated by our Govt, is that the unemployment in the country is now 15.1%. Whether these are people that "want to work" or "can" work is irrelevant; they do not work, and are thusly unemployed.

It is a fact, for example, that McCain voted Bushian ways 90% of the time. This is used now by Obama as "do you want more of the same?", and it's accurate. McCain supported the Republican and Bushian doctrine that we now have the results of. 42% of Americans right appear to believe McCain will lead well, and thusly that he will either change his ways to improve, or that what has occurred is okay.

It is difficult to even argue this kind of thinking. This is an example, in stock trading, of "misinformation" creating fact.

A false fact would be McCain's "Obama will raise taxes to the American people". This is true, but it would not affect the lower or middle class Americans, only taking away many of the tax breaks that have taken the labor out of our country, and gained wealth on tax breaks. Warren Buffet, the world's richest man, voting for Obama, states it well: "I should pay more taxes than someone earning 80K a year, and proportionately I do not. Something is inherently wrong". It is the disparity that should be eliminated. Some should not have more advantage than others. This is basic sandbox thinking.

Sarah Palin may be sweet, and "Mrs. Smith goes to Washington". Should she be President Palin, if McCain dies, and go to Russia? Sorry, the lack of the education and the formality of global thinking cannot be done well by a woman (or man) that has never traveled overseas extensively. The world is no longer the U.S., and perhaps we are not even the superpower we were, or soon will not be.

I wonder at times if Americans should not be allowed to vote until they can understand that the world does exist outside of our world? And that not all people have the same beliefs, nor should they.


The FEDS will spend 25 billion today to bail out Fannie and Freddie.
This is a TAX INCREASE. Do not be tricked. Someone will pay for this, and it cannot be the govt that approved it, as they have no money.
How the market takes this will be of interest. It's frighteningly bad news, and what I predicted a few weeks ago.
No one in our country in a government position appears to have any accountability, or even act as good analysts for why this occurred.
Vote smartly.