Today NBC decided to shut down Ann Coulter.  Yes, she is controversial and most people might disagree with her.  Yes she has a different point of view than you may BUT, isn’t one of our most dear rights, the right of free speech more important?  She has a different viewpoint and believe it or not there are some Americans that may agree with her.

NBC shut her down because they dictated it was not what people wanted to hear and not popular.  Oh really?  Then answer me this you NBC mind control pig - why do her books sell so many copies?  Obviously someone agrees with her.  It is the duty of the fourth estate to report the news - NOT DECIDE WHAT THEIR POLITICAL CHOICE OF THE NEWS IS!

The MSM (mainstream media) has caught a lot of flack for the ‘pass’ given in the past election as it was obvious they wanted Obama to be President.  Obama won, and now even thought my best wishes are for him to do an amazing job for all of  us, I am categorically against muzzling any opposition voices.  It is the media’s sacred duty to allow all of us to hear different points of view.  This free exchange of viewpoints is integral to our freedom of thought and choice and our personal sense of independence and self.

If we allow demagogic forces like NBC to dictate what they think we should hear we all lose.  We all lose HUGE!

I personally will try to avoid watching any NBC channel as much as possible in the future.  If they are carrying my sports team I will watch and if the programming is what entertains me I will watch.  BUT ANY close choice - I will watch the network that is not forcing their agenda and beliefs DOWN MY THROAT!

Freedom of choice, freedom of speech, freedom of debate - NBC is shitting on all of that and all of us!  We tossed off one Queen - who made NBC King?  Disgusting and unamerican!  Traitors!

Vote with your remote control - BOYCOTT NBC!

There is still a lot of scientific dissent as to the causes of the global warming during the 1990’s and early new millenia and here comes the food tax that will cost you money because of it.

Getting into the fact that taxes on food and energy hit the poor the hardest, is this type of behavior by the government fair or ethical?  Do we want to raise the cost of food during a time when the less well off are struggling to food on their table as well as feed their children?  This is what we call a ‘regressive tax’ as money for food and energy, two things you NEED, is harder to come by if you are poor and this money makes up a larger part of a poor family’s budget.  Raise these taxes and you eat less or eat poorer quality food.  I guess the government is not too concerned about the poor these days - they are more concerned with getting their budgets balanced and getting paid!

Well, here comes the cow tax! Yes you heard it right - now states are considering taxing cows by the head.  This will not only raise the price of milk but beef as well.  Happy days are here again!

This flies right in the face of no tax on most food at the supermarket check out.  This is an upstream tax to the costs of providing beef, steak, hamburgers and milk as well as taxing pigs and hogs as well so you can throw in pork chops and bacon.  I guess the states think they can use the specter of global warming to line their pockets with your food money.  Very nice Governor Black Heart!  Or should we just call you the Sheriff of Nottingham?

This is all happening even though temperatures have been dropping worldwide for years now, snow fall has increased dramatically and global sea ice is now said to be back up to 1979 levels. So why are the taxes on our food being increased?

States need money and you can bet they will use this global warming excuse to tax you any way they can.  Hey - what about raising the tax on your TV set because it uses a lot of power?  Not only will the cost of electricity go up as they will be levying fines and taxes on the utilities that generate your power, but now they are now considering raising the cost of your TV too so they can tax you TWICE on the same use of that energy!

Taxes, taxes and more taxes.  All you need to do is give the government a good enough excuse and their hand is in your wallet lickety split!

Yes, you heard it here first.  We are going to get a tradable upside rip in this market before the Q4 earnings show up all ugly and throw some cold water on us.

I am issuing a buy call on the banks - yes, the ugly beaten down banks all the way down to Citi.

Strong Banks with buy stops;  JPM-32, BK-29, WFC-30.75, HIG-18.25

Banks with strong charts;  BAC, COF, STT, C

Commodities with buy stops;  POT-79, X-41.50

GLD may give up some ground here but as long as it stays above 82 or so no worries.  A close above 87.50 and the upside game is game on!

Energy stocks; DO, PXD

Other stocks with strong charts; VZ, PEP, CVS, EXC, HNZ, XRX, FO, MDT, IBM, MSFT, CAT

Consumer discretionary strong;  CLX, PG, KMB

rip stock; ISRG.  Will be trading 150 very soon and that has its 50 EMA at 149 and change.  Closes above this and next stop is 200.

This one is short and sweet; When you get into an investment or a trade for a particular reason and the trade starts to not work out AND the reason you got into that stock is no longer valid – GET OUT.  Do not try to get even or scrape for an extra point of profit.

When in Doubt – Get Out!

There are three types of trends; up trends, down trends and sideways trends.  Determining which trend the market is in and which trend your stock is will help you to make the most of your trades in that direction and will bring you greater profits.  If the market is in an up trend, be long most of the time or have more money long than short.  If the market is weak and in a down trend, be short most the time or more money deployed short than long.

The market is in a down trend these days (November 2008) which means you will have a higher percentage chance to make profitable trades on the short side.

There are some stocks that run counter to the market but usually stocks run with the market.  Make the stock and the market trend your friend and line them all up in the same direction.

This rule, otherwise know as ‘The Three Wise Monkeys’ applies to your trading and investing in a variety of ways.  ‘See No Evil’ and ‘Hear No Evil’ are warning you about doing what everyone else is.  See No Evil is following the crowd while acting on the latest ‘hot stock tip’ you heard is ‘Hear No Evil’.  There is also a chance that if you actually do get a ‘hot insider tip’ you could be acting on insider information and become legally liable with the new laws passed in recent years.

Following the crowd sometimes works when a mindset is so widespread that a stock should go up and so it does for a time as the next person and the next person to subscribe to that train of thought buys in.  One thing about following the crowd though, is that this is a very good way to buy tops and sell bottoms.

Most people are not in the position to get the hot tips quickly enough to actually make a big return on it.  By the time Jim at the supermarket got that hot tip everyone else has heard it and the stock has already made most of its move.

The ‘Speak No Evil’ means that when you have a good idea about making a move and you have done your homework and have a good feeling about the stock - DON’T TELL ANYONE WHAT YOU ARE DOING.  If you start talking about your ideas to other people and they disagree for any reason at all, or say this and that could happen, etc… it kills your confidence in the move and usually stays your hand from following through.  If you do not make the move there is no one to blame but yourself.  Not making the trade is not the fault of the person who threw doubt into your mind, it would be your fault for letting them.

If you want to pick your own stocks and trades you need to learn to follow your own ideas.  Sure you will make mistakes and hopefully learn from them.  If this is something you want to do, learn to think for yourself.

See No Evil, Hear No Evil, Speak No Evil

Ok, so I am tagging onto a Barron’s article from this weekend, but after a look into this company the story is excellent.

MEMC Electronic Materials (NYSE: WFR) - WFR designs and manufacturers silicon wafers for the semiconductor and solar energy industries with one of their biggest customers being Intel (NASDAQ: INTC).

52 week high - $96.08 and currently trading $18.50

PEG = 0.26, P/E = 6.3, Industry P/E = 13.63

I like the customer mix with solar/alternative energy most likely a favorite of the Obama regime and also as a needed supplier to the broad semiconductor industry.  Even with the global slowdown meaning less purchases of all items and in particular higher ticket computers, their solar business line should decrease revenue top line volatility and risk.

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Senator Mitch McConnell from Kentucky narrowly beat his challenger yesterday to retain his Senate seat.  What do I love and hate about this guy?

The single largest flaw in our democratic system is spawned by the actual system of representation.  Each state sends their Senators and Congressmen and Congresswomen to Washington DC to represent their interests and speak for the residents of that state.  You know what else they send them there for?  They send them to DC to get as much money for that state as they can.  Pork, earmarks anything and everything.

Like mercenary pigs at the trough these state ‘ambassadors’ are actually there to act first in their own states self interest and this also includes getting that state money.  Also, as getting re-elected is pretty much any politicians top priority and getting the people that vote for them money is a good way to get re-elected, these state ‘ambassadors’ go for the money!

Why do I love and hate Mitch?

Mitch ran on this platform - pure honesty - “Hey, vote for me, I got you as much pork and as many earmarks from DC as I could!”

An honest politician?  No way!

My hero!  I can’t stand this guy!

Can you say power vacuum?  Or even the perception of one?

All within a few hours of Obama being projected the winner of the US Election…

Russia announces sending missiles to the European front…

http://www.timesonline.co.uk/tol/news/world/europe/article5090077.ece

and

First air strike inside Gaza since June in response to an underground tunnel and mortars…

http://www.jpost.com/servlet/Satellite?cid=1225715342045&pagename=JPost%2FJPArticle%2FShowFull

Biden said 6 months?  6 hours was more on the money.  Methinks the timing to not be just a coincidence.

Now they are positioning to test Obama and possibly judging him by his past statements and possible appeasement policy leanings, they may view Obama as a neophyte on foreign policy and a weak military POTUS - so they are all getting a little bit testy.

Also, Iran had some more warnings for the United States, but lately they do that all the time anyway.  I’ll give you that one on coincidence.

Starting already.  Hang on folks, its going to be a wild ride.

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After much office debate on who will really get taxed should Obama win, I finally sat down and went to the IRS and other various reliable websites and collected some numbers to do a quick analysis of what Obama is proposing and what could actually be possible.

I will detail all my assumptions and will make ALL assumptions in Obama’s favor in order to prove the null hypothesis correct.

Null Hypothesis - Obama can raise the taxes JUST on those families making more than $250K a year and individuals making more than $200K a year enough to pay for his new spending proposals AND balance the budget.

Data Collected from the Internal Revenue Service Website:

2005 Personal Income Tax Revenues INCLUDING Personal Capital Gains Taxes from the “Individual Income Tax rates and Shares, 2005″ study published Winter 2008.

Those making $200,000 a year and up - $479.8 Billion

Those making $100,000 to $200,000 - $189.5 Billion

Those making $50,000 to $100,000 - $178.8 Billion

Those making $30,000 to $50,000 - $60.2 Billion

2006 Total Corporate Tax Revenue  - $354 Billion (Congressional Budget Office)

2007 Total Corporate Income Tax Revenues - $370 Billion

Data Collected from Wikipedia:

2007 Total Personal Income Tax Revenue Collected  = $1.1 Trillion

2007 Total Military Budget - $699 Billion

Current Capital Gains Tax Rate = 15%

Current Budget Deficit = $455 Billion

Cost per month of the Iraq War = $14 Billion (Joseph Stiglitz)

Estimated Current Tax Gap = uncollected tax through tax evasion or default = $345 Billion per year

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