Saturday, September 29, 2012

Peter Dag

Peter Dag, old school business cycle.     Wrote this and we should all realize how it can affect us.

What we need is less government and less governance, yet to those suckling the government teets, which are becoming a majority, all they can vote for is more government, more government jobs, more handouts.   

Ponder the consequences of such a scenario, and ponder how long it may take to play out.    Money printing hardly hurts the poor who are on government handout programs with increases with inflation.   Plus they have no other choice.  


A different view

I had an out-of-the-box thought after reading an article on the FT.
The economy is growing slowly. Because productivity is in shambles. Because our schools are failing us. Because people cannot find jobs. Because they do not have the required skills.
The income differential between classes is surging. The outcome is an increasing number of people - the new political majority - depends on government initiatives.
This new majority will continue to vote for a larger government because they do not see, do not understand, do not fathom any other alternative.
The social and political landscape of our country is changing in a major way. What we are left with is the audacity of hope.
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

Thursday, September 27, 2012

Breakpoint Trades - Blatant Promotion

At Breakpoint Trades they keep 


New Watchlist Update

Title: click to expand and see comments
Hello everyone, since my last video about the new watchlist, we've made some nice changes  - such as the search feature etc.  Here's a quick video
here's an example if you search for URZ, note how you can see all the previous newsletters postings and listen to the audio for that date

ES downside target before the Dabama launch

Geometric Price Plotting, looks like a party.  1404 target

Scare everyone before the weekend, and then a little more scare on Monday morning, and then Whammo!   to da moon

Speaking of the moon----

It totally supports this theory also.


they usually embed their name into their charts, but haven't been doing so lately.   Anyway when you see these black charts here, they are always from

Wednesday, September 26, 2012

Anti Dollars about to Collapse

Is that a double negative?   LOL meaning Bucky about to rally, and that should push equities down, unless there is a real panic event and the "southerners" want to buy anything USA.    

Check the charts, yes these are my real charts I trade from, hilarious no?  

BTW could a nice short on Cable based on the channel hits, obvious this steep narrow channel is getting pinged on important lines and that means respect and thus a valid channel.    A breakdown out of the Bernoulli 177 channel bottom would be meaningful.....Wallstreet asking Dabama if he got game, or at least kneepads.

Classic Economic Hitman

Well, we Americans have to save ourselves somehow, so try to get foreign holders to buy municipal debt before a wave of bankruptcies happens.   Classic Economic Hitman, if you haven't read the book, you should, it is an eyeopener even if you already have a tinfoil hat!

Sometimes the "Bond Buyer" has good original information, and sometimes they are repeating stories that the Hitman wants to be repeated.

Bond Buyer | Sep 26
Foreign investment in the U.S. municipal bond market has exploded in the last 10 years. From 2001 through the second quarter of 2012 foreign investors increased their holdings of munis by more than 11-fold. While foreign investors owned $8 billion at the end of 2001, they had increased their ownership to $89 billion at the end of the second quarter of 2012, according to the U.S. Federal Reserve.

Tuesday, September 25, 2012

Overall View and a Few Trade Ideas

Sorry been out of touch, putting the finishing touches on my "Bug In" house, which is now fully useable although needs a few more items.

It was nice to take a few weeks away from the markets, I kind of watched out of the corner of my eye, chuckling at the Ben shenanighans and rather than being mad, enjoyed the gold rush, and planning to capture some business.

I do think we get some minor immediate down to shake out the weak bulls, encourage the bears, and scare everyone before the true believers are rewarded into the election.

If stocks are down, Obama is out, it is that simple.   I believe he will be out anyway, but for those expecting the end of the world as we know it, you will have to wait until next year.    They will print, and they can print.   It is not "pushing on a string" it is simply printing.   

It is stealing from the future, and stealing from the past, stealing from savers, encouraging poor living habits.   It is what it is.  

Monday, September 24, 2012

The New QE (Social Security)

People will get upset if government promises are not kept.

They renamed social security to be a "Federal Benefit Payment".    Quiet deception, they are pretending that they are giving you a benefit, not paying you back the 15% of every dollar that you earned, taken from you.

Social Security must be invested in special funds of the Federal Government.
By law, income to the trust funds must be invested, on a daily basis, in securities guaranteed as to both principal and interest by the Federal government. All securities held by the trust funds are "special issues" of the United States Treasury. Such securities are available only to the trust funds.
In the past, the trust funds have held marketable Treasury securities, which are available to the general public. Unlike marketable securities, special issues can be redeemed at any time at face value. Marketable securities are subject to the forces of the open market and may suffer a loss, or enjoy a gain, if sold before maturity. Investment in special issues gives the trust funds the same flexibility as holding cash.
 These funds are not open to the public.    The simple solution?     These special funds just start paying themselves 5% instead of 1% in say a 3 year certificate of deposit.    Poof...problem solved, the SS funds will increase and the unfunded liabilities will have the gap closed.   And in 2025 when you retire you will get $14,000 a year in SS benefits.   Nice--imagine that when you think about the inflation that is going on.   This is another form of money printing, and you heard it here first, because I just made that up.

Welcome to reality, unless you have planned and produced well, there can be tough times ahead.   The life expectancy of lower educated whites in the USA is actually decreasing.