THE DOT - if this turns orange or red be alert

Thursday, December 3, 2009

part 2

3. Stem cell research gets the presidential backing ( one of the very rare changes)

Excerpt NYT

New Stem Cell Lines Open to Research

The National Institutes of Health said Wednesday that it had approved 13 new human embryonic stem cell lines for use by federally financed researchers, with 96 more under review.

The action followed President Obama’s decision in March to expand the number of such cell lines beyond those available under a policy set by President George W. Bush, which permitted research to begin only with lines already available on Aug. 9, 2001.

Since that date, biomedical researchers supported by the N.I.H. have had to raise private money to derive the cells, which are obtained from the fertilized embryos left over from in vitro fertility clinics.

With federal money banned from being used in any part of the work on the derived lines, researchers had to divide their laboratories and go to extreme lengths to separate research materials based on the financing source.

“You can imagine what it meant not to be able to carry a pipette from one room to another,” said Ali H. Brivanlou, a researcher at Rockefeller University. “They even had to repaint the walls to ensure no contamination by federal funds.”

Two of the newly approved 13 lines were derived by Dr. Brivanlou with private financing. The rest were prepared by Dr. George Daley of Children’s Hospital Boston.

Dr. Daley said that private financing had been drying up and that he was eager to start research on the now-approved cell lines with the help of his federal grant money.

The director of the health institutes, Dr. Francis S. Collins, said he believed that most researchers would be satisfied with the outcome, even though they were still barred from deriving the cells themselves.

“I’m not sure everyone is interested in deriving their own cell lines as long as they can get lines from others,” Dr. Collins said.

4. The Full Moon effect seems to have worked - after 3 days early strength the final hour always brought a sell off - especially with the jobless uptick comment from the White Ho─▒use. The rate is poised to rise towards 10.3 or .4 % anyway. The ISM was weak and Same Store sales were weak so the rising part in the early session was unfounded anyway. A little correction is due now before the final attack of the bull camp will make slightly new highs in late Dec and early Jan followed by a 6 month correction towards the lows most likely - even making new ones. We will have an interesting astro pattern a lunar eclipse at the 31st ( NYE) which will be in Cancer opposite Pluto. First of all the urge for security will be highlighted but also will the lunar eclipse fall very close on the US sun position - something will come to an end which is crucial and todays rumor about Japan wanting to exit Bonds might become true.

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