Best Eight Months

June ends NASDAQ's "Best Eight Months"

The OEX Rules of Trading: We are in an overbought market so we must show upturn with a close at least 100 points higher to show reversal to the bias.

If this continues we calculate the highest the market will turn upward is 586 points from the lowest low.

We believe we hit our lowest low yesterday, and are bullish on the market.

We hit a theoretical Dow low of 9717, lower than the strong resistance at 9774.
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First, read the great living American journalist, the first to uncover Goldman Sachs, Mat Taibi at http://www.rollingstone.com/politics/news/12697/64824

This is gut wrenching journalism and explains the context of the situation we have created for ourselves.


I am saddened that Helen Thomas, the veteran reporter, was "RETIRED" for her honest point of view offered on Israel. Don't all White House journalists have the right to say what they speak?
Rush Limbaugh and Glen Beck do, and they are not retired.

I am also saddened that Toyoyta months back took the hit on their "car problems" and since then EACH American manufacturer has had safety recalls, some even larger than Toyota.

As your cynic, this looks like lobbyists trying to play up American cars.

Most subscribers know me as an extreme liberal, far removed from whether Obama is a citizen, whether we are following the constitution, or whether war is good.

I simply believe there is no free enterprise in this country, and that the rich only get richer while the middle class disappears. And in our mindless thought of "taxes" we now eliminate the "slaves" we allow to immigrate, as we have done for over 200 years.

I am most concerned that a large government (which I believe in) use its power to regulate circumstances that the greedy create. Wall Street comes to mind. Halliburton, the no bid company, is another. And BP is our best. There were NO regulations. During the Bush administration we learned that "environment" did not matter, and that there was no global warming. We learned that a man can be President and "not read books or papers." We learned about how greed moves within the White House inner circle. Study through this, and see that nothing was planned, and that BP lied to us consistently about the controls and the amount of oil being spilled.

To the far right Christians this is all in the Bible and only they will be saved, so go live it up.

To the far left we just shake our head at the lobbying, and that no one stops it (too good a deal)

To the middle of all faiths, we just watch our jobs, net worth, home value, and future disappear.

And create a third party. Yawn.