Where Stocks are Going
All eyes are turned upward looking at the numbers as they bounce all about. The DOW is at it again and there is one thing that is certain.
There is little stability.
For more than two years I have been literally preaching to anyone willing to stop that the DOW was too high and very unstable and that I expected it to slide back looking for value stability.
Right now I see that stability point at 7800 - 7900 and the DOW is doing everything in its power to reach that figure. Brokers and government officials are doing everything in their power to stem the slide.
People consistently tell me that I can’t predict where the markets are going, but I’ve been right for almost 27 months and I continue to tell them eye to eye 300 point drop tomorrow, but they’re still not listening.
Money, value is a lot like water. It flows from business to business and person to person. There is a balance or calm that defines market and financial stability. There are always ripples, but right now we are caught in a wave action so intense that the markets are being rocked off their foundations and few alive have ever experienced anything like it before.
I thought it so interesting that Alan Greenspan, former chairman of the Federal Reserve commented that we were in a “credit tsunami”. How appropriate those words and that description were.
Ultimately, I believe stocks are seeking a 7000 - 7200 balance point or at best no more than 7500.
How long will it takes us to get there? Remember there are holiday revenues and a new administration involved, but if the foreign markets slide that will pull us along. If a large ( chunk ) of loss occurs and ( breaks off ) on the DOW that will completely destabilize the foreign markets and then come back around to us within 48 hours.
Two of the determining factors are in how quickly and effectively the newly elected administration takes over control and what we provide for the core consumer market that currently cannot pay mortgages and debts because their jobs and income base have been diluted or completely eliminated.
This with the SOCIAL BOOKMARKING CONSOLE 
The End of Sarah Palin
Yesterday the response was something I simply didn’t expect. Oh, I’d heard grumblings, but nothing like the reverberations coursing through this predominantly GOP crowd.
Their verdict, Sarah Palin is finished. The general consensus was that Palin had gone off on her own once too often. That she had spoken out of line with John McCain’s campaign too much. That her lack of ( Washington ) experience and constant controversy in Alaska had doomed her from the start.
Frankly, it’s disappointing to me because I was so looking forward to what the McCain / Palin ticket had to offer. These words are certainly not an endorsement of Barack Obama either.
I expected this from the other party, but recent weeks had many of her party and even in the actual campaign reeling against her decisions and comments.
The effect of this fallout is like a political neutron bomb that leaves the party standing without and candidates to represent it.
They talked of this being the end of Sarah Palin even if she wanted to run again during the next election.
What do you think? Is this reaction by her party justified even with a few miscues or do you think they have a chance to come back strong during the voting against Obama and Biden?
Does she have any future in Washington or is this really the end of Sarah Palin.
This with the SOCIAL BOOKMARKING CONSOLE 