THE DOT - if this turns orange or red be alert

Tuesday, April 6, 2010

Brainstorming Tuesday - part 1

1. Rydex at .87 and early morning ISEE trades at 214 thats exactely the stuff to get a top - yesterday the ISEE slipped back to a close of 138.

All Securities
TimeCallsPutsTotalISEE
10:5013901964954203973214
10:3011537954024169403214
10:108308639096122182213
09:50509932344374436218
All Equities Only
CallsPutsTotalISEE
11288142716155597264
9345736448129905256
702072469394900284
420661527757343275
All Indices & ETFs Only
CallsPutsTotalISEE
261202218748307118
219141752639440125
12871143592723090
8924813517059110

Date NAV Adjusted N/U Ratio
4/5/2010 0.871
4/1/2010 0.848
3/31/2010 0.805
3/30/2010 0.750
3/29/2010 0.700
3/26/2010 0.680
3/25/2010 0.665
3/24/2010 0.660
3/23/2010 0.624
3/22/2010 0.631

2. I had said in earlier posts that the highest probability for a Israel strike would be around Nov. from an astrological point of view - I would be surprised that Obama would take such a political risk for the elections but on the other hand his puppet masters may have other plans for him. After examining more opportunities one is also around 5th July as Uranus will go stationary with Jupiter close by in Aries both in square with Pluto which is literally a very explosive combination since it is in a 150 degree to natal Israel Mars who has a trigon to its natal Jupiter ( quite a hubris factor). In any case since most powerful Wallstreet players are Jewish and Israel supporters they will demand to be informed as the consequences for the global markets will be severe. Big losses are a natural consequence as Iran is not a lightweight when it comes to retaliation especially if nukes are used in a surgical strike. Turkeys PM has said recently that Israels attacks on Palestina can not be accepted hence such an event would bring the whole region into distress and even have the potential to start a world war.

excerpt

Former Deputy Defense Minister Says Israel May Be Compelled To Attack Iran's Nuclear Facilities By November

Tyler Durden's picture


Who would have thought that Obama's fate would be decided not by his passage of the "historic" healthcare reform, or his pathological inability to disengage from the kleptos on Wall Street, or even the exponential growth in the US debt, but by what is shaping up to be a November (potentially Nuclear) D-Day out in the middle east. Pakistani newspaper The Nation, quotes former Israeli defense minister Ephraim Sneh, who in an Op-Ed in Haaretz, says that "Israel will be compelled to attack Iran’s nuclear facilities by this November unless the US and its allies enact crippling sanctions that will undermine the regime in Tehran." It appears that Israel is not taking the recent deterioration in its relations with the US lightly. If China and the whole botched CNY issue is any indication of just how incompetent and impotent US foreign policy has become, Obama has about 6 months before the defense/war complex sounds the victory horn (and the president gets to experience first hand just how much better unemployment in this country really is getting) in the shadow of the mushroom cloud.

More from the Nation:

In an Op-Ed in the Israeli left-wing daily, Haaretz, former deputy defence minister Brig-Gen Ephraim Sneh argues that Iran will probably have “a nuclear bomb or two” by 2011. “An Israeli military campaign against Iran’s nuclear installations is likely to cripple that country’s nuclear project for a number of years. The retaliation against Israel would be painful, but bearable,” he said. Sneh believes that the “acquisition of nuclear weapons by Iran during Obama’s term would do him a great deal of political damage,” but that the damage to Obama resulting from an Israeli strike on Iran “would be devastating.” November is the time for elections in the United States.


Nevertheless, he writes, “for practical reasons, in the absence of genuine sanctions, Israel will not be able to wait until the end of next winter, which means it would have to act around the congressional elections in November, thereby sealing Obama’s fate as president.” Sneh says he does not foresee any U.S. military strikes on Iran. In a recent report for the Centre for Strategic and International Studies (CSIS), military analyst Anthony Cordesman concluded that Israel will have to use low-yield earth-penetrating nuclear weapons if it wants to take out deeply-buried nuclear sites in Iran.


“Israel is reported to possess a 200 kilogram nuclear warhead containing 6 kilograms of weapons-grade plutonium that could be mounted on the sea launched cruise missiles and producing a Yield of 20 kilo tons,” Cordesman writes in the CSIS study he co-authored by Abdullah Toukan.

As possible nuclear war is a somewhat sensitive issue, we decided to track down Sneh's original Op-Ed. We present it below.

The current crisis between Israel and the United States is fundamental and serious. Even if a nominal solution is found, it will be temporary, until the next one, which won't be far off. These crises are harmful to our national interests, and a true, enduring solution must be implemented. To achieve this, there are 10 assumptions that must be taken into account:

1. Israel cannot keep up a confrontation with its friends for long while its legitimacy is being eroded. This will soon begin to adversely affect the economy, based as it is on exports.


2. Without a genuine pause in settlement expansion and construction in East Jerusalem, Israel will continue to lose the support of friends and international legitimacy.


3. Israel cannot live in the shadow of a nuclear Iran. Immigration will cease, more young people will emigrate and foreign investments will diminish. An Israel that is no longer a safe home for Diaspora Jews and is not characterized by entrepreneurship and excellence means an end to the Zionist dream.

A nuclear Iran will increase the audacity of the region's extremists, threaten the moderates and lead within a few years to the acquisition of nuclear weapons by Saudi Arabia and Egypt. The regional balance of power will change to Israel's disadvantage.

4. Prime Minister Benjamin Netanyahu, in accordance with his strong beliefs on this matter, cannot allow himself to be the leader on whose watch Iran acquires nuclear weapons.

5. In the absence of "crippling sanctions" that will undermine the regime in Tehran, it is reasonable to assume that by 2011 Iran will have a nuclear bomb or two.

6. An Israeli military campaign against Iran's nuclear installations is likely to cripple that country's nuclear project for a number of years. The retaliation against Israel would be painful, but bearable.

7. U.S. President Barack Obama would find it difficult, if only for internal political reasons, to take military action against Iran and thereby open a new theater for war, in addition to Iraq and Afghanistan.

8. The acquisition of nuclear weapons by Iran during Obama's term would do him a great deal of political damage. The damage that the resulting independent Israeli strike would cause Obama - soaring gasoline prices and American casualties in retaliatory operations - would be devastating.

9. For practical reasons, in the absence of genuine sanctions, Israel will not be able to wait until the end of next winter, which means it would have to act around the congressional elections in November, thereby sealing Obama's fate as president.

10. Without international legitimacy, and with its friends mad at it, Israel would find it very difficult to act on its own.

These 10 assumptions show how complicated the situation is. Weighing them up with each other begs a single solution to the crisis with the United States: quit building. Israel should enact an open-ended freeze of settlement and outpost expansion, refrain from building new neighborhoods in East Jerusalem and stop construction for Jews in Arab neighborhoods.

The United States, independently of the UN Security Council, where sanctions would be shorn of any teeth, would implement its legislation on sanctions against Iran (an embargo on the sale of fuel and on investment in and upgrades for Iran's oil and gas industries, and a total boycott of its banking system). In so doing, it would be joined by its natural partners and important European states.

Only such an integrated solution would meet both America's and Israel's security requirements. The prime minister would find a majority in the Knesset that would rather have cooperation with the United States on this matter of survival than please the extreme right wing.

The writer is a former cabinet minister and chairman of the Center for Strategic Dialogue at Netanya Academic College.

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