Buying Quality on Bad News
[This is a corrected enhanced enlarged revision of our first BP post on Monday 3 May 2010 when BP traded at a low of 47.35.]
Every now and then our beneficent universe hands us a splendid opportunity to make lemonade out of lemons, to find the silver lining of the dark [...]

The mass media did a real disservice reporting modest declines in new unemployment claims as Corporate Government Progress and reason to jump in after a 70% romp in the Dow.
http://stockcharts.com/charts/gallery.html?s=%24indu

Maybe the lack of real media growth got to their heads?
They lost a little on each broadcast, but made up for it with volume?

http://www.cnbc.com/id/15840232?video=1463714869&play=1 5:29
We [...]

This one’s for you, Bob.
Only met Bob Prechter once briefly at a San Francisco Seminar. Knew his work after 1975, when he joined All American Bob Farrell at Merrill’s top rated technical analysis department. Subscribed to his Mensa quality well-writ Georgia letters after he graduated from Merrill.
We both graduated the same year from college in [...]

Whether we like it or not, we are always in one market or another, whether it is cash, credit, food, homes, paper or things. As we have learned of late, markets do not move in a straight line, nor do they guarantee returns.
The late great international mutual fund manager Sir John Templeton, who survived and [...]

So few times do we really at first appreciate the power of an idea whose time has come.
Most prophets were ignored in their place and time.
Former Alaskan Governor Sarah Palin gave a Nashville Tea Party speech that can best be described as a turning point in National Politics and Economy.
Last night Mrs Palin went from [...]

Every generation needs a new revolution.

Thomas Jefferson, Author of the Declaration of Independence and Framer of the US Constitution.

http://en.wikipedia.org/wiki/Thomas_Jefferson

Most people hate politicians and politics.

Aloha All, with multiple blessings for happy, healthy, joyful prosperity in the New Year and onward.

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

1 Timothy 6:10 (King James Version)

Dissent is the highest form of patriotism.
Thomas Jefferson

A lot of Americans on voluntary or involuntary wage-less furloughs are now free to reflect on the wide-scale theft of American economy and our future.

No man is an island, entire of itself; every man is a piece of the continent, a part of the [...]

Aloha All
We realize for some talking about money may be the ultimate taboo.

We also know these are challenging economic times, so we are sending this complimentary Winter 2009 Post with valuable ideas and no obligation.

We have answered the call to do this for several years and have been grateful and thankful for the response [...]

The Trees:
There is unrest in the forest
There is trouble with the trees
For the Maples want more sunlight
And the Oaks ignore their pleas