Saturday, February 18, 2017

The end of John McCain

There were times I was scared by John McCain and all the Washington establishment opposing Trump. There have been times when I thought they would seek some kind of coup.. and I still think that is in their hearts. But as time moves on, the Establishment seems more pathetic than anything else.

I was just looking at Politico and saw two headlines:

Bannon, Priebus to appear together at CPAC


This is huge.. the paleoconservative Establishment basher teams up with the ultimate Establishment player.. and then this:



This was said on Meet the Press. It followed this earlier headline on Reuters:

Trump's team in disarray, U.S. Senator McCain tells Europe

Shame on this man, going to Europe and talking trash about our President. He is done. We always knew he was a bad actor, but he has now gone out on a limb from which he cannot return.

So, Bannon and Priebus are working work together while McCain besmirches Trump to Chuck Todd and the Munich Security Conference. This is the end of this ignoble degenerate. Good bye John McCain.

Wednesday, February 15, 2017

Russian ships.. really?

Is it just me or is this whole "Russian ship off the coast of Connecticut" very similar to long-standing CIA tricks..like when they flew airplanes over Guatemala City in 1954 to oust Arbenz. The idea Russia needs to put a ship so near our coast.. at a time like this, is pretty absurd to me. I think the whole thing is nonsense.

Jeremy Siegel off the deep end

Jeremy Siegel here says that Trump is unpredictable.

This is absurd because Trump has done exactly what he promised on the campaign trail. Seigel also says Trump's protectionism could hurt the market. But so far it has lifted sentiment in the USA and abroad.

All I can say is that if we ultimately fail to get good actions from the US government (tax cuts, other reforms).. THAT FAILURE is what will undo the current market rally. In other words, men like Siegel, not Trump are the unpredictable risk.

After all, speaking of unpredictability, did we know before Obama was elected he would cause civil war across northern Africa and the middle east? what a joke.

Monday, February 13, 2017

Another sad dispatch from the culture of death

http://www.marketwatch.com/story/why-some-companies-are-treating-employee-mental-health-days-like-sick-days-2017-02-13

Friday, February 10, 2017

More good news for Nigel Farage


UK Trade gap narrows to 3.3bln pounds in Dec from 3.56bln, non-Euro zone exports strong

just as he predicted... 

http://www.rttnews.com/2743111/uk-total-trade-gap-narrows-in-december.aspx?type=eueco

also industrial production december blowout today.... pharma strong

http://www.rttnews.com/2743181/u-k-industrial-output-growth-tops-expectations-trade-deficit-narrows.aspx?type=eueco

So much for Brexit hurting UK economy

Things people events

Things are abstract with liquidity
People and events do the things
When fewer do the thing breadth weakens
Events like Griswold were like breaking resistance
With TA important to tr consider these 3 items. Things are abstract trend components. Within a trend there can be several. .. for instance for person falling into addiction there is both the abuse but also the denial.  Both and others are abstract repeated things.
Then there are people or agents that do the things....repeatedly and in patterned way
Finally we have TIME...The key backdrop against which it all takes place. ..Time is always key but is independent. It exists regardless of trend components

Wednesday, February 8, 2017

DIS & TWTR predictions come true

Both these stories (DIS/ESPN bad, TWTR good) are predictions we made on Market Action Pro. It was fun!

http://www.marketwatch.com/story/espn-struggles-wont-go-away-but-disney-ceo-thinks-he-has-the-answer-2017-02-08

http://www.marketwatch.com/story/trump-tweeting-is-the-modern-version-of-fdrs-fireside-chatsand-thats-good-for-twitter-2017-02-08