Friday, February 27, 2009

Stock Market Crash--25 year look--Chart


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Chart for S and P 500
I want to issue a major note of caution here. The formation above could be signaling a market capitulation. Think about it like flushing a toilet. You know what goes down the toilet=, but then the bowl fills right back up. My guess is, if flushed it will be a great opportunity. Markets rarely capitulate, however, when everyone is looking for it.
A look at this long term pattern shows that the market is extremely vulnerable. The fundamental news, especially the size of budget deficit continues to weigh on the market. The only question now is do we go down slow or fast.
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Wednesday, February 25, 2009

Test of Banks Could lead to a Bottom in the Stock Market


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This is one of the better articles I have read on the stress test--Stress Test for Banks Exposes Rift on Wall St. It has me thinking about the long term direction of the stock market.

I think if you read this article carefully you might conclude that much of what is being written about banks is getting discounted in the stock market. I am not saying everything is beautiful. Quite the contrary, we are teetering on the brink of disaster. But, I find myself asking myself constantly--has the market discounted the news. It is always hard when things look bleak to see the light at the end of the tunnel. However, the market always discounts the future long before the future gets here. The market always bottoms when things look bleakest to the herd. The herd tends to focus on the recent past, rarely looking forward into the future."

Test of Banks Could lead to a Bottom in the Stock Market

Friday, February 6, 2009

Find the Wind


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Ever think about starting your own wind farm? Well, first you have to find the wind. Here you go.

Maybe you just want to know how windy it is? Or maybe you just have an interest in wind.
clipped from firstlook.3tier.com
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Find solar fast


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We got Solar down here is south Florida.
clipped from firstlook.3tier.com
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Monday, February 2, 2009

Worried about the Economic Stimulus Package--You will be after you read this


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Ready for a stomach ache, here goes.
Milwaukee Public Schools would reap $88.6 million over two years for new construction under the economic stimulus package just passed by the U.S. House of Representatives - even though the district has 15 vacant school buildings, a large surplus of property and no plans for new construction.
The amounts for MPS are particularly eye-catching, and not only because they are the largest in the state. Enrollment is declining every year, and the last major wave of construction in MPS - the $102 million Neighborhood School Initiative launched in 2000 - resulted in projects that are underused, have not met enrollment projections or have closed. A series in the Journal Sentinel in August detailed how tens of millions of dollars in construction spending did not produce the expected results, and the project as a whole has not led to a higher percentage of students attending neighborhood schools.


If you are interested in ascertaining the validity of this information and the source go to, The Mikwaukee Wisconsin Journal Sentinal: Milwaukee Public Schools may be in line for millions in stimulus package
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