10 December 08 8:00 AM

No change in outlook.
The recent up move is nice. The follow-up down is not nice. We may have a “bounce”. I don’t know. The news going forward is getting worse. This rally is an opportunity to raise stops and switch to safer income producing investments. Stop loss orders work!

Technical Matter:
Many Hedge Funds, Investment Partnerships and Pension Plans provide liquidity quarterly. That means investors who want their money out must wait until the end of the quarter. DEC 31. The Hedge Funds, etc. that don’t have cash or haven’t sold, will be forced to sell.
Many workers who lost jobs will “roll” or withdraw their Pension Plans, 401Ks, etc. Many people will be forced to look at their IRAs, 401Ks, etc. at the end of the quarter. This is likely to generate a lot of selling pressure.

Our Government is printing money at an insane rate. The stated obligation is now over $7 trillion. That doesn’t include private and public pension plans, City, State and Municipal deficits, etc. A true amount is many times the $7 trillion. The amount of money (potentially) has increased by 700%. Our political leaders make Mugabe and Zimbabwe look good.

Recently the $U.S. has gained value as a “flight to safety”. When the realization hits that the $U.S. is becoming worthless, $U.S. will lose value and we will be faced with an inflationary spiral.
So …. Ideas needed: How can we take advantage? How can we hedge against a declining dollar and inflation? What to do with money?

From S.K.: Technical + commentary advisory. It is supposedly very good.
Go to... https://www.technicalindicatorindex.com/Default.asp
Bad news = it cost $. Good news= 30 days free trial. (I have not used it yet.)

From V.K.: Market advisory. Go to... http://www1.blackrock.com/eIndex.aspx?ln=36499&cmty=ind&m=ind_3&m1=ind_3_1&lo=4&eid=37536

From B.S.: Obama will push Infrastructure, Environment, Utility grid build-out, Water, etc. A worldwide NYSE class act is VE. Go to … http://www.veoliaenvironnement.com/ (also it is a $U.S. hedge)

From D.R.: http://www.2000wave.com/ Frontline. Free weekly market and economy advisory. Sometimes very good.

Sites:
Fixed Income, preferreds, convertibles, etc ….
http://quantumonline.com

Closed-end funds, NAVs, composition, ideas … http://closed-endfunds.com/

Investment Tech Newsletter. https://home.investmentnews.com/
Some good ideas. Some not. Free.

Hedge Funds must dump. Interesting view and ideas, go to …

http://briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?SiteName=Investor&ArticleId=NS20081208111435TakingStock


Wanted! Obama and Congress promise infrastructure stimulus in 2009. What stocks, ETFs, groups will benefit?

Also … Sharing this site with intelligent colleagues who have ideas or insights or sites to contribute is a good thing. So … if you work with someone or know someone, invite them to join us.

News! T-bills at 0.001%. What does this mean? It means that anyone with any brains is scared. It means that people believe Congress, the US Economy, our Financial Systems, etc. are out of control.

News! EP (El Paso) sold $500 million 12% 5-year notes at a 12% discount to yield 15.25%. Much of the money is to refund 6.38% notes. What does this mean? (See above.)