Question All Authority

Commentary: Please log-in to view the movie on the website today for a verbal update on this weekly commentary. And also do the following three things, to learn stock market success: 1. Question all authority. 2. Question all government, voting facts, and corporate facts. Most are lies. 3. Distrust anyone that believes it is harmful to them to let others have more. These are people that have not learned what humanity is. You have no time for them. The chartist point of view: -- OVERSOLD GERMAN STOCKS ARE TRYING TO STABILIZE -- GERMAN ISHARES ARE ALSO TESTING SUPPORT AT THEIR 2010 LOWS -- FOREIGN ETFS INCORPORATE DOLLAR TRENDS AND, IN MY VIEW, ARE BETTER TO CHART -- NASDAQ COMPOSITE STALLS AT 2600 RESISTANCE -- AN OCTOBER DROP COULD LEAD TO MARKET BOTTOM -- FALLING RATES AND RISING VIX ARE HELPING UTILITIES Real Facts: This is my anger and the point of the dialogue we will create this week about illogical logic. This occurs when you are arguing with someone that argues illogically; in the end, you are bound to lose 71% of the current U S debt was accumulated during Republican presidential terms. 2/3 of sovereign debt increases have been signed into debt by Republicans since 1960 In 1961 the average American corporation paid in 40.5% in taxes vs. 10.5% in 2011. These are examples to show you how you have been mis-led, and how you begin to believe the misleading as the fact when it is the reverse. Another example is to see the illogical person take the real fact and when answering it change the subject. This is called Illogical logic and is an article I'm preparing to share with all of you this week, that I use in my consulting practice. Read this carefully. This is after eight years of Bush creating "Leave no Child a Dime". Ask a teacher what they think is going on with our educational system. In Texas we have re-written the history books already to make it all look good. I am trying to show fair perspective but here's a quote to show just how fucked up we are. I will bet that 98% of the U.S. does not even know what quantitative means or is, and 1% misunderstand it. From an economic standpoint I have seen no other point of view or plan that resolves a forty year problem. Further, from the Pubes or Pea Partiers, I hear nothing. They have told me clearly, and you too, all we are doing wrong. I have yet to see any portion of any plan, of any response. Answering "getting out of debt" is tough for me when they accumulated 71% of it. Here's a sad story: The question was What is an American? The correct and only correct answer is: Someone with a green visa card up to date, a passport, and citizenry in either the U.S. or its territories or Canada. Below I've read a typical "OMG" email. The rest of the linked in group seemed to forget that there is a South, Central and Latin America. When reminded they "did not see this part of the world as "the question asked) WTF) or better, "people all over the world see Americans as U.S. citizens. They do not think of Canada or the other countries. WTF? These people are allowed to vote? LinkedIn Groups... Group: Leadership Think Tank Discussion: Define What is an American. A USA american is the sucker who will never have the retirement or any other benefits he was promised his entire working life. He is being cheatred out of them by the very polititions he elected to protect and serve him. They have been paid too much graft for the last 100 years to care at all of the people who put them in power these warnings were even made public in the 1930,s by Jimmy Stewart. Today your future is being stolen from you by devalueing the country thru this new thing called Quantitative easing which is stealing your savings and purchasing power as fast as it can, not only in US but Europe as well. The major american corperation that has stolen the very life blood of that once great country now reside worldwide keeping their ever growing assets outside the country that nurtured their growth and they bled to it's last breadth. I truly feel sorry for americans for they are too stupid to even know what is happening to them. Floyd: this is illogical logic. There is no proof, validation, or economic back up. Just a theory. And he blames the politicians. Please remember it is YOU as an American that voted for George Bush twice. I blame Americans, not politicians. We are what we decide. We are close to doing the same thing again. This man blames "who" for this. He has no idea that the banks almost all closed the first week of Obama being in office. Long after Paulson had given his friends all the 785 billion FAST before the term was up. For those of you that would like to get past lobbying and want the tax answer: legalize pot. Read more at http://bit.ly/mOQGZ6 This is reverse logic. The liquor companies lobby against this, as do the "religious right". We miss a mighty tax revenue in the name of absolutism and prohibition which of course fails -- STOCKS SHOW LOTS OF MOVEMENT AND NO REAL CHANGE -- DECLINE IN ADX REFLECTS LACK OF TREND IN SPY -- XLK AND XLY FAIL AT KEY RETRACEMENTS -- RETAILERS HOLD THE KEY TO XLY -- NYSE AD VOLUME LINE BREAKS AUGUST LOW -- AROON DOWN TRIGGERS BEARISH SIGNAL IN NY COMPOSITE