THE DOT - if this turns orange or red be alert

Tuesday, January 18, 2011

brainstorming wednesday

1. Apple came out with an highlight earnings quarter and the stocks closed the gap briefly of the Jobs sick leave which will be a good opportunity to sellout tomorrow for the smart ones at least for the next weeks. Amazon still due with earnings is in a week 13 day 13 today confirming the top is about to be done assumption. We are right now in the midst of this benign astro pattern for the next 48h and Goldman will deliver good numbers as well ( they stand at a daily 11 hence at least 1 higher close is due).

exerpt

Investors Most Positive on Stocks Since July 2007: BofA Survey

Published: Tuesday, 18 Jan 2011 | 4:33 PM ET
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Investors are more positive about equities than they have been since July 2007 and have turned more bearish on bonds, expecting major central banks to keep rates very low despite stronger economic growth, a survey showed.

The monthly global fund managers' survey from Bank of America-Merrill Lynch showed on Tuesday a net 55 percent of respondents were overweight equities in January, compared with a net 40 percent in December.

This month's reading means the difference between overweights and underweights is 55 percentage points.


2. While the so called elite is busy robbing their countries legally and illegally ( still without prosecution) people living in countries where food prices explode while their corrupt governments still claims that inflation is low - riots are the new trend of public reactions and astro says that will become a major issue the next years. China fears nothing more than the rage of hungry masses they rather play hard-ball with the USA or whoever gets in their way to calm down Mainstreet.

excerpt

Food Riots 2011

ilene's picture




Food Riots 2011

Courtesy of Michael Snyder at Economic Collapse

The stunningly violent food riots in Tunisia and Algeria show just how quickly things can change. Just a few months ago, these two northern Africa nations were considered to be very stable, very peaceful and without any major problems. But now protesters are openly squaring off with police in the streets. Many of the protesters are throwing "fire bombs" or are shooting fireworks at the authorities, and the police are responding with a tremendous amount of violence themselves. In Algeria, several protesters have been killed by police and several others have actually set themselves on fire to protest the economic conditions. In Tunisia, more than 100 people have been killed and the president of that country actually had to flee for his life. But on a global scale, food shortages have not even gotten that bad yet. Yes, food prices are starting to go up and food supplies are a little bit tighter right now, but much worse times than these are coming. So what in the world are the cities of the world going to look like when we have a very serious food shortage?

Just as we saw during the food riots of 2008, when people get to the point where they can't even feed themselves anymore, they tend to lose it. In the video posted below, you can really feel the desperation of these young Algerians as they riot in the streets....

This next video is of the food riots in Tunisia. You will not want to let any young children watch this video. In fact, if watching police beat and smash protesters laying on the ground upsets you, then you might not want to watch this video either. The massive food riots that have erupted in Tunisia have left many city streets looking like war zones and at this point it is being reported that the violence has left over 100 people dead. The president of Tunisia has left the country because of the rioting, and an interim president has been sworn in. It is hoped that this will help restore order. This video is absolutely stunning....

You see, the truth is that it is not just in the United States that people are becoming angry at government. All over the world, frustration is boiling over. But unlike the United States, where food is still very plentiful, in many areas of the world it is the deteriorating economic conditions that are sparking many of these riots.


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