Monday, December 6, 2010

Christmas Rally???

We broke my channel to the upside, but the news is compounding the efforts of the Bulls and the Bears are thinking this could be an interesting Christmas.  Could there be Coal in the Bulls stockings??

I tell ya, this could get interesting.. I am stuck in the middle...the only 2 thing's going in the Bulls favor right now is the mass production of $$ by Ben and Co., and some great co. earning reports.  I luved the cartoon that Pug put up.. and it really does make you think about the whole stimulus thing, but..... its not working.   The  states are now letting out a "HOWL", of Help!!!  Billions and Billions in debt, and are about to lay off millions of state workers, let alone what does the Fed Gov. do in the coming yr. ????  They are slowly letting their concerns out too... TAXES???? what do we do, we are screwed if we do not get some more $$ to offset the Ben Bergaid!... Hows your pocket feeling lately? 

My upper channel is broken, so are we in a B wave, or could this be the final 5th wave up of A(primary). Futures are wild right now.. up and down Nikkei is down pretty good right now..   The Euopean countries are imploding. Where do we put our $$ for the future...  India, Africa, China...

Do you like M&M's... well not that kind... try this M&M out.... Mahindra and Mahindra... Indian farm equipment maker... this co. will take over John Deere's dominance in the future. 
Gold, Silver... that seems to be the NO BBRAINER right now!
Africa controls most of the precious metal market and diamonds... in drilling for these metals diamonds are wanted heavily. Oil and Gas, Gold and silver, platinum and rare earth metals,   MCP   Molycorp.. RIO... but I think that ticker changed..   do you see what I mean.  China has bought over 5X the amount of gold this yr, than they did on 09, and  they overtook the top country India.... now that is getting crazy... so what does 2011 have in store???
Apple has opened stores in china and india.. that stock could just explode again... but they control over 10% of the U.S. stock mkt.  The only thing is, as fast as they produce it the Chinese are counterfeiting it the next day... they are loosing billions and billions just like Nike and  other co's in the U.S. Oh and Mahindra is also a major car maker in India too...



Mchugh has called for a major turn to take place somewhere in the Dec. 26-Jan. 6th. 

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