The most important piece of the jigsaw of a rising economy is not bullshit like "buy less from China", or "the government caused this and now we're becoming socialists".
Idiots think this. (Sorry if you are one). But, it’s time to get REAL, as we watch stock market take away any profits, give them back, and resolutions being “stuck and lobbied”
A large part of the jigsaw is that consumers owe $14 trillion. This is all Obama's fault, like everything else. He and those Democrats (not a single Republican) are not focusing on JOBS that will allow people to spend.
Here's the facts:
1. There is $14 TRILLION in household debt, and $10.5 TRILLION of that mortgage related, thanks to Bubbles Greenspan.
2. Americans have now decided being upside down that is okay to PHUCK your bank. We predict more and more will just walk away from their mortgages as their homes lose more value.
Reduced spending may occur with this, as will rising delinquencies on credit cards and mortgage accounts.
3. A Floydian Fact of real merit: There is an astonishing decline in bank deposits, clear evidence we as a public are starting to burn through the cash.
4. Stephanie Pomboy, Market Maven, says there is almost a zero chance of our ratio of debt returning to 65%, what it was before Bubbles Greenspan came to head the FEDS, and we all believed him GOD, because the money was free. She analyzes that to decline our debt by 6.3 trillion, or increase income by 9 trillion would bring us to this 65% reasonable and healthy rate, would take up to 10 years to occur, and has a ZERO chance of occurring because 40% of our households now spend every dollar they make just to keep their heads above water.
Last week we updated our portfolio on the website and made a number of recommendations for sales of positions. We are continuing to do so, and to do our mid-year “MRI” of our holdings. It’s been an exceptional year and a half for Blue Chip Options.
We’ll begin in the Monday commentary with our analysis of our holdings, and continue through the week, so that all of our holdings are covered by weekend.
Please Make Note: People invest for different reasons, and at different times in their lives. Planners call this allocation. Traders call it sector changing. Money magazines explain to the average Joe investor that it is good to have holdings in a variety of positions, and of course, never to have all your money in your company stock, as they are likely going to phuck you.
We pick both stocks that we buy and hold (and buy more on downturns) that ALL pay dividends. These are our CORE positions.
Our SPECULATIVE positions we may hold days to months, and with some over a year. We consider these potential break out positions, or trade them as options.
We will utilize our discussions about holdings in the order they list in our portfolio on the website.
Also make note that on our website we have a direct link to our up to date point and figure charting for all positions, and also positions we “watch”.
Chevron (CVX)
We bought this well and continue to hold. Nice dividend and the oil industry will rebound. Chevron has much risk inherent in lawsuits, and is aggressive in their exploratory methodology.
Hold, and use a 25% trailing stop loss
EXXON Mobil (XOM)
This is our largest single CORE position right now. We believe XOM is undervalued to the market, is being aggressively shorted, and will surprise everyone. It’s simply CHEAP under $60.00, we’re already up 17%, it pays a dividend, and Floyd believes it’s a potential $90.00 stock.
If trading options, trade ATM or ITM long -range calls. If buying the stock, use our traditional 25% trailing stop loss.
Health Management Services (HMSY)
We also read this speculative trade right, up over 44%. As healthcare changes (you know, we become communists) we will first have to figure out how we have created a “clusterphuck” of paperwork in the medical industry that RAISES cost. HMSY is an organizer company, managing and improving systems.
It’s well run, and has more upside.
We’d take 1/3 profit at 55% area. 25% trailing stop loss. Hold the position; do not buy at this time.
ITC Holdings (ITC)
Is an incredible concept -http://www.itctransco.com/
We bought and are up only 20%, because the stock is not yet known, and their concept of modernization of grid just beginning to be understood. It’s speculative, but a great move.
McDonalds (MCD)
1. Horrible food, builds obesity
2. Ugly buildings
3. Hideous customer service
4. Terrible dangerous little toys for children
5. The best system of “average” in the world. The food tastes like the same crap anywhere in the world, except for the French fries which they put drugs in
6. Execution business A+ BAR NONE.
We’re up 30%, it pays a dividend, and we’ll buy McD on any downturns. It’s a great “bad company”
Analy Capital Management REIT (NLY)
At one time last year we had a 120% return on this position and many took their first 1/3 of profits. The position is now up over 85%
Keep a 25% trailing stop loss, and HOLD
YUM Brands, Inc (YUM)
Pizza Hut, KFC, Taco Bell, etc.
And here’s McDonalds again, with a few changes:
1. Horrible food, builds obesity
2. Ugly buildings
3. Hideous customer service
4. Terrible dangerous little toys for children
5. The best system of “average” in the world. The food tastes like the same crap anywhere in the world, and it appears Asians are fried Chicken addicts
6. Execution business A+ BAR NONE.
We list this having just sold it for between 47 and 68% profits, plus dividends, but will be entering it again soon.
Wal-Mart (WMT)
Sadly this is another stock I love to hate. It’s a large box at the end of
a town that destroys local businesses, imports everything from China, and sells volume.
This company is the great logistics distribution company in the world. It has more money than we can imagine and executes.
A steady dividend, we hold this in our CORE account as a steady investment , using our standard 25% trailing stop loss.
Entry with WMT is fine anytime, and continue to buy.
Berkshire Hathaway B Shares (BRKB)
We know the story. The greatest investor in the world. We’ve shown returns of 50% in the old days, but did not add to the position during the downturn.
Many of our traders are sitting on hefty profits, having held the position with us over 5 years.
For the first time in BRKB charting history I am noticing a struggle at selling, and a more noticeable potential resistance area.
BRKB may be ripe for a drop. If you are profit oriented short term within your CORE account, we suggest selling 1/3 to 2/3 of your holdings if your returns are greater than 30%, as most of our traders are.
Templeton Emerging Market Fund (EMF)
We have owned this fund forever, and will hold it as long as Mark Mobius, the famed international trader, runs it. As a student of Sir John Templeton Mobius has allowed us returns as high as 200%, and currently over 150%.
We use a strict 25% trailing stop loss on EMF as emerging markets are volatile and unsteady. When many trading services recommend a variety of stocks and “plays” on China we sit back by the pool and let Mr. Mobius do our work.
Always a good buy on any dip. We list in our spreadsheet no trailing stop, for those that are risk oriented and simply accumulate on volatility.
Bristol Myers (BMY)
Blue Chip owns two pharmaceuticals and we’re in for the long term.
Hold, and use a 25% trailing stop.
BMY is sound, and has break out potential
NetFlix (NFLX)
Daughter Jenn who is learning the business and writes much of our final work recommended this on a simple “Dad, they have it together. None of the other ones do”. She’s been right. It’s up 60% and we’ve made money several times on calls.
We just recommended to sell a 1/3 of this position to lock in some profits.
JM Smuckers (SJM)
A kick ass “family company” that makes great profits and advertises perfectly.
We recommend this position be held if already accumulated, or purchased if not owned. Accumulate as a CORE position that has a dividend.
SJM actually looks like it has a healthy upside potential.
Caterpillar (CAT)
CAT is like a drama in the volatility that occurred during our ownership.
We’ve continued to add on dips and stand now with a 93% average gain.
Accumulate this position on any dips to a Point and Figure support line.
If you have great profits, take 1/3.
This is a long term CORE position charged for the” building of economies”
Each day this week we’ll outline in detail the rest of our portfolio.
Again, go online and see our charts on these holdings.
Be Well and Do Good
Floyd at Blue Chip Options
Floyd at www.oexoptions.com won the 2008, 2009, and 2010 Readers Choice Advisory Service Awards from Stocks and Commodities Magazine. At www.Bluechipoptions.com we offer weekly Dow projections, daily Twitter updates, free option and stock signals, our blogs, and numerous articles on trading the market.
Thursday, July 15, 2010
Thursday, July 8, 2010
Good Trading
My muses in valuable order, as it is time to think a bit about what our portfolio is, and what/where the stock market trades.
I read this from a Gann analyst:
KeyTurningDates.com: “ There is a major cycle due to turn the week ending July 30th. This cycle is aligning with three very strong Gann Angles, as follows:
1. The week ending July 30th is 90 trading days from the November 2008 low
2. The week ending July 30 is 144 trading weeks from the January 2008 low
3. The week ending July 30 is 180 trading days from the February 2007 high.
The November 2008 low occurred on November 21st, 2008 and was a panic climax to a strong sell off. The January 2008 low occurred on January 23, 2008 and also was a panic climax to a strong sell off. The February 2007 high occurred on February 20th, and was follow 5 trading days later by a one-day Dow crash of over 400 points.
Rarely do we see a set up like this one. And, as of this writing, I feel the odds favor the turn due the week ending July 30th being a high, followed by a possible strong decline into the first week in August”.
KeyTurningDates.com is a service that uses W.D. Gann math to calculate the where and when, and the “dates” that things could occur.”
What stood out in the summary I read above were first his Gann math, and then his use of astrology “when planets are at difficult angles, stocks can be risky”. The Foundation for the Study of Cycles, they claim, studies every Dow move since 1900 and notes that when the planets are at different angles, stocks can be risky. The correlation is too great to be a coincidence:
"On August 1st, with orb of a week on either side, we will have the most five planet alignments in thousands of years”.
As a psychologist Floyd knows that planetary alignments are typically non-events to the human mind, but the tight alignment of planets “will cause an enormous stress on mass human psychology, which is exactly what guides the financial markets. Transpersonally,however, in my study of psychology I believe there are key numeric patterns, planetary patterns and even doors to other universes on this earth.
Anything is truly believable. We know only what we know.
Bottom Line: We could see a repeat of the fall of 2008.
It is a full moon on 7/25. Floyd constantly sees correlation between market uneasiness and “crazy moves” on full moon days.
Okay, so now if you see nothing more in this downside and believe long term the market will rally and take us back in the 10,600 - 10,900 range, all highly possible, than consider:
*Buy FXI at market. 25% trailing stop, watched daily.
*It is a big win for small banks (QABA) as they will be exempt from many FDIC requirements and actually provide them with an advantage over larger banks with certain securities. Buy more QABA. This will be a good long-term hold.
*This is the shifting of the bases of power that Obama was elected on, yet cannot pass the grassroots of the Tea Party.
I worry about this, as the more bipartisanship that is created merely separates the positions of power, and nothing is really “given back to the people”. Nothing will then get done.
*600 million passenger cars are on the road around the world.
*There are 40 “megacities”-urban areas with more than 10 million residents living within the city, that are expected to develop by 2030.
*45% of the estimated amount of traffic in Brooklyn is caused by people looking to park.
*Real analysis of unemployment shows that we are 4 million below where we would be in a normal recovery, while the unemployment rate is 1.4 points higher and the employment-to-population is 1.4 points lower. Study this when you read the unemployment figures on Friday.
*Barron’s predicts “The Democrats will retain control of Congress this fall-just barely. Get ready for more intense gridlock and the end of Big Government.”
*My favorite measure of unemployment is U6, which includes the seriously underemployed, weighed in at a highly elevated 16.5%.
I also don’t believe anything but time will lower our unemployment rate, and our creation of new work concepts. Products, services, needs, ways to afford “pricing”.
*Half of our problem was within our consumption decades as a world that we wanted to buy more and more, and thusly had to have it cheaper, lowering wages to accommodate prices.
*We all know now that the G-20 agreed to “try” to cut deficits in half by 2013, but the Bank for International Settlements said doing so without hurting growth would be difficult.
Obama was snubbed at G-20 as he continued to define “deficit cuts are necessary, as is ongoing stimulus money that may have occur in both Europe and the U.S. again”.
*It is not as simple as jobs, or buy American, or boycott BP.
*We at OEX and Blue Chip Options continue to believe we are only in a deep correction, and NOT a fresh bear market.
We also do not understand how a market can move 400 points in a day will allow profits to be made for first the electronic high speed trader/hedge funds, and how rules must change.
*The market has moved 57% down in the last 18 months, followed by a 80% rally in 13 months, and that the size of the retrenchment to the size of the rise. 1000 is a key area on the S&P and Ramsey predicts we may have to hit it, or Dow 9520, former lows, before any “end of the end” can start.
Please stay with me. I flit around but there is a pattern and you can make money with what I uncover.
______________________________________________________
We are intimidated by fast food.
It has overcome us, we are controlled by it, and it is making us obese.
We are doing this to ourselves.
This is a story of rape, fraud, bribery, greed, lust and free enterprise.
It begins simply.
Vix comprises a group of option contracts that reflect how much investors believe the S&P100 and S&P will move in the next 30 days.
We have been much more interested in Vix trading after review of Ipath S&P500 Vix Short Term Futures ETN (Symbol VXX).
VXX mirrors VIX and rises when option traders take out the most insurance against a falling stock market.
We’ve recently been testing a pretty simple formula: “if its above its 50 day moving average you buy because the trend favors increased volatility. If it falls below the 50 day moving average you sell.
This is betting on volatility. It is betting on how fast the game will get before it is played.
VIX investors must stay right on the chart, and right in the market.
It is partly the volatility, mostly the uncertainty, which drives Gold to record levels. The 12% drop the other day shocked a few folks, and notes again most gains flattens gold back.
S&P-must hold at 1025, would like to see moves of 1037, Nasdaq above 1762. See this and you’ll see the Dow and OEX trigger right back to each support and resistance line we post and TWEET.
Many traders see an overall weakness in oil for 2010, and many of the “grab it while it’s cheap” oil game has been hard to sell stock moves people have made (buying old oil greats,expecting a rebound) better be praying for a quite a few hurricanes, and supply outweighs demand.
With exception we again discuss XOM or Exxon Mobil.
Some analysts are pointing out that key investors are now shorting XOM.
We don’t know why. It’s got cash, reserves, new acquisitions, and is the most conservative of the slime, moving their way into natural gas and all energy revenue streams.
We are long XOM, and still see it at $90.00.
At 59.00 it’s a steal for a long-term core portfolio.
We made great money on our second TLT call, both long range. Many hold these positions through volatility and breath in panic screams….
We suggest locking in all of your profits at 50 to 70% when we hit the right signal, and just moving on.
TLT is a great ETF to buy to hold cash. It’s paying 4%.
For the many subscribers that write and ask “when to get into TLT again”, sorry, TLT is best as a trade only at certain times, and we teach TLT only in our Advanced Mentoring service , currently on wait list http://www.oexoptions.com/AdvancedMentoring/AM.html
This is a Floydian Rant:
Typically various groups take over the Republican Party over the years. Let’s see, we’ve had ( to name names) the gun owners, the Christian ultra conservatives, the business lobby, the defense hawks, and the anti-abortion activists.
This year is my favorite. It is now the “cut spending” party, SHOCKED that the liberals have brought us such a deficit, and accusing Obama of just throwing money at problems.
The facts: Federal Spending rose 36%, moving from surplus to deficit, when Georgey Bush and the neocons were in full control.
Yet, the stimulus bill, which was enacted to stop the out of control lack of regulations on Wall Street, the ignoring of our economic infrastructure being built only on “build for war, and build houses” collapsed.
Health care reform was carefully orchestrated by Karl Rove and team to “spin” socialism” and “kill your Grandmother (by Sarah Palin with the new tits), and that it would cost more, and the Tea Party movement was born on:
*Follow the Constitution ( we have not done so for over 40 years)
*Stop spending money (but do not cut my schools, roads, bus services, or libraries)
*Begin judging our teachers, the core of our lifeblood, on “performance”, but the “performance” being linked only to “tests” that show understanding of specific facts, and will cause a general revolution amongst teachers, already acting like Mom and Dad, and the caretakers.
My 28 year daughter, who teaches “inner city” South Florida, gaining her Masters in Education, and planning it as her career, is now ready to quit entirely off the testing and the publics lack of understanding of how complex the education system is.
The Republicans, of course, are leading the bandwagon on cutting of spending, yet in their tenures, have never done so, or have done so only to have the deficit pass to the next Democrat in office who shrinks the deficit.
The facts on this are startling, yet 9 in 10 Americans will tell you that the Republican are against “more taxes”.
And they are, for a select few.
And they are, as cutting spending now makes them blame others for 2/3 of our deficit alone being Medicare/Medicaid amortizations of debt, put in place by Democrats, yet not one Republican I’ve asked willing to “give these benefits up”.
It’s my favorite question: Whenever Floyd hears a Tea Party or Republican babble on the deficit he always says “ I so agree. Did you know you can “cancel” your rights to these socialism programs and return the potential funds”? Each answer is the same “but it is due me, and I am not willing to give it up.
We will see the end of paper money in our lifetimes. There will be a world currency controlled by a large committee that disperses to each nation. Oligarchs will rule.
All kinds of shit like this could really happen. This is a bad movie with comedy characters, and we watch them.
Good trading. Lots of information above. I’ll work on the website this week (I promise) and update holdings.
Dance-even with your relatives.
Be Well.
I read this from a Gann analyst:
KeyTurningDates.com: “ There is a major cycle due to turn the week ending July 30th. This cycle is aligning with three very strong Gann Angles, as follows:
1. The week ending July 30th is 90 trading days from the November 2008 low
2. The week ending July 30 is 144 trading weeks from the January 2008 low
3. The week ending July 30 is 180 trading days from the February 2007 high.
The November 2008 low occurred on November 21st, 2008 and was a panic climax to a strong sell off. The January 2008 low occurred on January 23, 2008 and also was a panic climax to a strong sell off. The February 2007 high occurred on February 20th, and was follow 5 trading days later by a one-day Dow crash of over 400 points.
Rarely do we see a set up like this one. And, as of this writing, I feel the odds favor the turn due the week ending July 30th being a high, followed by a possible strong decline into the first week in August”.
KeyTurningDates.com is a service that uses W.D. Gann math to calculate the where and when, and the “dates” that things could occur.”
What stood out in the summary I read above were first his Gann math, and then his use of astrology “when planets are at difficult angles, stocks can be risky”. The Foundation for the Study of Cycles, they claim, studies every Dow move since 1900 and notes that when the planets are at different angles, stocks can be risky. The correlation is too great to be a coincidence:
"On August 1st, with orb of a week on either side, we will have the most five planet alignments in thousands of years”.
As a psychologist Floyd knows that planetary alignments are typically non-events to the human mind, but the tight alignment of planets “will cause an enormous stress on mass human psychology, which is exactly what guides the financial markets. Transpersonally,however, in my study of psychology I believe there are key numeric patterns, planetary patterns and even doors to other universes on this earth.
Anything is truly believable. We know only what we know.
Bottom Line: We could see a repeat of the fall of 2008.
It is a full moon on 7/25. Floyd constantly sees correlation between market uneasiness and “crazy moves” on full moon days.
Okay, so now if you see nothing more in this downside and believe long term the market will rally and take us back in the 10,600 - 10,900 range, all highly possible, than consider:
*Buy FXI at market. 25% trailing stop, watched daily.
*It is a big win for small banks (QABA) as they will be exempt from many FDIC requirements and actually provide them with an advantage over larger banks with certain securities. Buy more QABA. This will be a good long-term hold.
*This is the shifting of the bases of power that Obama was elected on, yet cannot pass the grassroots of the Tea Party.
I worry about this, as the more bipartisanship that is created merely separates the positions of power, and nothing is really “given back to the people”. Nothing will then get done.
*600 million passenger cars are on the road around the world.
*There are 40 “megacities”-urban areas with more than 10 million residents living within the city, that are expected to develop by 2030.
*45% of the estimated amount of traffic in Brooklyn is caused by people looking to park.
*Real analysis of unemployment shows that we are 4 million below where we would be in a normal recovery, while the unemployment rate is 1.4 points higher and the employment-to-population is 1.4 points lower. Study this when you read the unemployment figures on Friday.
*Barron’s predicts “The Democrats will retain control of Congress this fall-just barely. Get ready for more intense gridlock and the end of Big Government.”
*My favorite measure of unemployment is U6, which includes the seriously underemployed, weighed in at a highly elevated 16.5%.
I also don’t believe anything but time will lower our unemployment rate, and our creation of new work concepts. Products, services, needs, ways to afford “pricing”.
*Half of our problem was within our consumption decades as a world that we wanted to buy more and more, and thusly had to have it cheaper, lowering wages to accommodate prices.
*We all know now that the G-20 agreed to “try” to cut deficits in half by 2013, but the Bank for International Settlements said doing so without hurting growth would be difficult.
Obama was snubbed at G-20 as he continued to define “deficit cuts are necessary, as is ongoing stimulus money that may have occur in both Europe and the U.S. again”.
*It is not as simple as jobs, or buy American, or boycott BP.
*We at OEX and Blue Chip Options continue to believe we are only in a deep correction, and NOT a fresh bear market.
We also do not understand how a market can move 400 points in a day will allow profits to be made for first the electronic high speed trader/hedge funds, and how rules must change.
*The market has moved 57% down in the last 18 months, followed by a 80% rally in 13 months, and that the size of the retrenchment to the size of the rise. 1000 is a key area on the S&P and Ramsey predicts we may have to hit it, or Dow 9520, former lows, before any “end of the end” can start.
Please stay with me. I flit around but there is a pattern and you can make money with what I uncover.
______________________________________________________
We are intimidated by fast food.
It has overcome us, we are controlled by it, and it is making us obese.
We are doing this to ourselves.
This is a story of rape, fraud, bribery, greed, lust and free enterprise.
It begins simply.
Vix comprises a group of option contracts that reflect how much investors believe the S&P100 and S&P will move in the next 30 days.
We have been much more interested in Vix trading after review of Ipath S&P500 Vix Short Term Futures ETN (Symbol VXX).
VXX mirrors VIX and rises when option traders take out the most insurance against a falling stock market.
We’ve recently been testing a pretty simple formula: “if its above its 50 day moving average you buy because the trend favors increased volatility. If it falls below the 50 day moving average you sell.
This is betting on volatility. It is betting on how fast the game will get before it is played.
VIX investors must stay right on the chart, and right in the market.
It is partly the volatility, mostly the uncertainty, which drives Gold to record levels. The 12% drop the other day shocked a few folks, and notes again most gains flattens gold back.
S&P-must hold at 1025, would like to see moves of 1037, Nasdaq above 1762. See this and you’ll see the Dow and OEX trigger right back to each support and resistance line we post and TWEET.
Many traders see an overall weakness in oil for 2010, and many of the “grab it while it’s cheap” oil game has been hard to sell stock moves people have made (buying old oil greats,expecting a rebound) better be praying for a quite a few hurricanes, and supply outweighs demand.
With exception we again discuss XOM or Exxon Mobil.
Some analysts are pointing out that key investors are now shorting XOM.
We don’t know why. It’s got cash, reserves, new acquisitions, and is the most conservative of the slime, moving their way into natural gas and all energy revenue streams.
We are long XOM, and still see it at $90.00.
At 59.00 it’s a steal for a long-term core portfolio.
We made great money on our second TLT call, both long range. Many hold these positions through volatility and breath in panic screams….
We suggest locking in all of your profits at 50 to 70% when we hit the right signal, and just moving on.
TLT is a great ETF to buy to hold cash. It’s paying 4%.
For the many subscribers that write and ask “when to get into TLT again”, sorry, TLT is best as a trade only at certain times, and we teach TLT only in our Advanced Mentoring service , currently on wait list http://www.oexoptions.com/AdvancedMentoring/AM.html
This is a Floydian Rant:
Typically various groups take over the Republican Party over the years. Let’s see, we’ve had ( to name names) the gun owners, the Christian ultra conservatives, the business lobby, the defense hawks, and the anti-abortion activists.
This year is my favorite. It is now the “cut spending” party, SHOCKED that the liberals have brought us such a deficit, and accusing Obama of just throwing money at problems.
The facts: Federal Spending rose 36%, moving from surplus to deficit, when Georgey Bush and the neocons were in full control.
Yet, the stimulus bill, which was enacted to stop the out of control lack of regulations on Wall Street, the ignoring of our economic infrastructure being built only on “build for war, and build houses” collapsed.
Health care reform was carefully orchestrated by Karl Rove and team to “spin” socialism” and “kill your Grandmother (by Sarah Palin with the new tits), and that it would cost more, and the Tea Party movement was born on:
*Follow the Constitution ( we have not done so for over 40 years)
*Stop spending money (but do not cut my schools, roads, bus services, or libraries)
*Begin judging our teachers, the core of our lifeblood, on “performance”, but the “performance” being linked only to “tests” that show understanding of specific facts, and will cause a general revolution amongst teachers, already acting like Mom and Dad, and the caretakers.
My 28 year daughter, who teaches “inner city” South Florida, gaining her Masters in Education, and planning it as her career, is now ready to quit entirely off the testing and the publics lack of understanding of how complex the education system is.
The Republicans, of course, are leading the bandwagon on cutting of spending, yet in their tenures, have never done so, or have done so only to have the deficit pass to the next Democrat in office who shrinks the deficit.
The facts on this are startling, yet 9 in 10 Americans will tell you that the Republican are against “more taxes”.
And they are, for a select few.
And they are, as cutting spending now makes them blame others for 2/3 of our deficit alone being Medicare/Medicaid amortizations of debt, put in place by Democrats, yet not one Republican I’ve asked willing to “give these benefits up”.
It’s my favorite question: Whenever Floyd hears a Tea Party or Republican babble on the deficit he always says “ I so agree. Did you know you can “cancel” your rights to these socialism programs and return the potential funds”? Each answer is the same “but it is due me, and I am not willing to give it up.
We will see the end of paper money in our lifetimes. There will be a world currency controlled by a large committee that disperses to each nation. Oligarchs will rule.
All kinds of shit like this could really happen. This is a bad movie with comedy characters, and we watch them.
Good trading. Lots of information above. I’ll work on the website this week (I promise) and update holdings.
Dance-even with your relatives.
Be Well.
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