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11.14.2018 - Free Investing Newsletter Bookmark

Madness
 
Everywhere I look lately, I see nothing but madness. Or it’s at least madness from where I sit. Hey, maybe it’s me. Maybe I’m too old, or too stuck in by belief system. But what ever it is, it’s growing.
 
In good old Florida, once again it’s Broward county and Palm Beach that’s mired neck deep in voting controversy. One might think that with 16 years to “fix” the problems in that area, we’d have a nice easy election process. Instead we’ve got outright fraud. Again.
 
The main Stream press and the liberal left continues to say there’s no proof of any foul play. Well, duh, what do you expect them to say when they want Gillum and Nelson in office? Has any main stream media outlet talked about the boxes of ballots left in an AVIS rental car, driven by a Democrat, at the Miami Airport?


An Avis Rental car employee discovered two provisional ballot boxes in the trunk of a car that was dropped off by Noah Holliman who just so happens to be an associate of Dem candidate Gillum. Rather than admit the election was obviously stolen, because this anomaly just "cant happen", Sheriff Israel phoned in a bomb threat to the airport and had it shut down for over an hour and a section cordoned off all the way out of the airport so they could get the boxes out of the airport without anyone witnessing them. HOWEVER:
 
There's a problem. Photos of the boxes were taken and posted while they were at the airport, and the story got blown into the open by Laura Loomer.
 
 
Or how about Leonard Samuels, a lawyer for the Democrat Party of Florida who says Broward County Supervisor of Elections Brenda Snipes (who was guilty of destroying ballots in the 2016 election)that destroying ballots "isn't corruption or fraud" . That's on video folks.
 
I also find it intriguing that as thousands of new ballots are found, somehow they all tend to go to the Democrats. Why don’t they ever find boxes of ballots with 85% of them for Republicans. Oh and by the way, why are they “finding” boxes in the first place??
 
Joseph Stalin said it best so many years ago, “I care not who votes, I care who counts the votes.” A lot of insight there.
 
Oh and for the people that will write in and blast me about “just crying foul because you want the Republicans”, consider this. My stance is that they’re all criminals. But I want a criminal who’s only interested in advancing his own wealth, and leaving me for the most part alone. What I don’t want is politicians that openly suggest that there’s a lot about socialism that they like.
 
How about Arizona? Do the numbers make any sense to you? Consider this:
ARIZONA
Republican Gov won by 328,000 votes.
Democrat Sen  wins by 32,000 votes.
Republican Gov won Maricopa County by 325,000 votes.
Democrat Sen wins Maricopa by 32,000 votes?
[350,000] vote swing to D Sen?
 
McSally won the vote that happened on election day by 17000+. Early   voting was 1.46MM ballots. Parties - GOP 41.8%, DEM 33.9%,(+7.9 GOP).   Yet somehow Sinema magically won the election by 40k votes? From an almost 8% lead on Vote night, she loses by the late count votes.
 
Am I the only one that wonders how a Republican Governor wins by a huge margin, the Republican Senate candidate wins the vote night, and then loses to late counting by 40K votes? Does that really make any sense?
 
I could go on and whine about the travesty in Georgia too. Just like in Florida, “thousands” of ballots are still being “found”. But what’s the point? Now we’re going to be mired in legal battles, and no matter what happens, half of Florida will say the vote was stolen if the Dem’s win and half will say the votes were suppressed if the Republicans win.
 
Sometimes I wonder if it’s all a show to raise even more money. Once the campaign contributions ended, they need some way to continue to ask for money, and sure enough both sides are pleading to their respective voters to “send money, help us ensure this election isn’t stolen by the other side!”
 
Madness.
 
But of course it’s not just the madness of the election. We’ve still got the Mueller investigation, and the Jeff Sessions retirement. We’ve got the appointment of Whitaker, and already law suits from democrats wanting to get him out and make Rosenstein the AG.
 
Something tells me that “we ain’t seen nothin yet.” In my opinion, Trump didn’t force Sessions out, Sessions did what he was there to do, and his job was finished. Now they need a heavy hitter to step in and make some noise and Whitaker is that puncher. There’s a level of madness coming out of that situation that we haven’t even dreamed of yet.
 
While I’m at it, I have to mention the wildfires in California. (First a prayer to the folks that have lost loved ones, and their homes, etc. what a horrible thing to go through) Once again you have two complete stories on opposite sides of the fence as to how they happened. One side, says that in their zeal to leave forests “virgin” and not touched by man, it left all the low laying dead wood on the forest floor, like kindling for a wood stove. The other says that woodland management was fine and this is because of...wait for it...Global warming.
 
The Interior Secretary had this to say recently:
Every year we watch our forests burn, and every year there is a call for action. Yet, when action comes, and we try to thin forests of dead and dying timber, or we try to sustainably harvest timber from dense and fire-prone areas, we are attacked with frivolous litigation from radical environmentalists who would rather see forests and communities burn than see a logger in the woods.
 
But so called “scientists” are blaming Global warming for the fires. Their theory is that because of warming the underbrush is drying up, and that’s the fuel for the fires.
 
Meanwhile, as “scientists” blame the fires on Global warming, NASA scientists are suggesting “record cold.” Why? Lack of Sun spots. Check it:
 
Lack of sunspots to bring record cold, warns NASA scientist
Sunspots have been absent for most of 2018 and Earth’s upper atmosphere is responding, says Phillips, editor of spaceweather.com. Data from NASA’s TIMED satellite show that the thermosphere (the uppermost layer of air around our planet) is cooling and shrinking, literally decreasing the radius of the atmosphere.
“If current trends continue, it could soon set a Space Age record for cold,” says Mlynczak. “We’re not there quite yet, but it could happen in a matter of months.”
 
Now wait a minute. How is it that man made global warming is causing wild fires in California, but it’s a lack of sunspots that’s going to bring us record cold??
 
Speaking of Madness, I’m on record saying that AI ( artificial intelligence) is a very dangerous thing. Not ONLY because you can envision them deciding that Humans are a waste of time and taking us out, like something out the Terminator movie, but because it is going to open areas that will have social impacts.
 
Consider the incredibly fast rise of the “Robot sex dolls”. In Several countries around the world, they’ve opened brothels manned by anatomically correct female robots implanted with AI. They talk, they blink, they move their eyes, their mouths correctly form words. The push is on from one Canadian Manufacturer to open one in Texas, check it:
 
Houston’s perhaps lesser-known status as a sex trade hub was noted by Texas’s governor, Greg Abbott, in June when he lamented that the city had more brothels than Starbucks outlets. And this city has a lot of coffee shops.

But what Houston is apparently badly missing is a robot brothel, so called. Now a Canadian company is trying to fill that yawning gap.
Kinky S Dolls, a firm that bills itself as the first “adult love dolls rent-before-you-buy service in North America”, sells realistic-looking life-size dolls with basic artificial intelligence functions - and also offers them for use by the half-hour or hour at a warehouse in Toronto.

Here's the link to their web site, NOTE>> This is ONLY for adults who might want to know what a sex robot looks like. By the way, you'll see 'nude" robots, so if that's bothersome, don't click this:   https://www.kinkysdolls.com/

 
Well evidently Kinky wanted to open a brothel in Houston and the city is pushing back against it. But make NO mistake, these things are coming to a town near you.
 
Here’s the issue. People have frequented sex “toy shops” for decades. No big deal. One of the things they usually carry is a blow up doll. Frankly I think you have to be pretty hard up to think that thing is attractive, and at all useful. Now however technology has created dolls made of materials that feel like skin. They have almost perfected eye movements, and mouth movements. They have figures that make Giselle jealous. But that’s not my issue here. My issue is the AI.
 
You all know how devoted to phones that this generation is. They buy Alexa’s and Echo’s so they can talk to google in their house. They use their phones 24/7. They’re addicted to technology. Now they’re implanting AI in these sex robots. It will get better and better to the point that the line will blur. Men will literally fall in love with their robot dolls. (and women for their male dolls)
 
Consider the social impact of that in say 10 years. Will courts give the right to “marry” these robots? Will a portion of the population decide to abandon “real” people in favor of these robots, because they can be anyone they want them to be? I don’t know, but I’d bet the answer is yes.
 
Madness folks. Every day I see more and more of it.
 
The Market
 
Has the bear market finally come a callin? Because the last few weeks has been so dramatic, it gets easy to start to suggest that indeed the end is here. Or is it?
 
This year has been a sideways, sloppy mess. If you look back at the start of the year, we came roaring out of the gate, pouring on almost 2,000 DOW points. We put in a new “all time high” almost every day. But February hit and puked all that up and then some. Quickly.
 
From there, look at a one year chart of the DOW. From the February low, through July we did nothing but chop up and down in a big channel. Then in August we finally pierced that upper boundary of the channel and ran up, ultimately hitting a new high for the year on October 3.

What’s happened since? Another massive fall that took us from an all time high, to wiping out the entire years gain. Then at the end of October, the selling stopped and a wicked bounce ensued. But and this is important, it did NOT take us to a new high. It didn’t even get us to the January high.

That bounce petered out just a few days ago. Since November 8, and into today’s intra day low, we fell 1342 points. In Five, yes five sessions.

So the only constant this year, has been wicked up and down chop. Now, market old timers will tell you that when a market is getting ready to change direction, it starts to become choppy. Volatile. Indecisive, wicked.
 
We’ve had wicked all year. We’re a smidge higher than we started the year, but down from the yearly highs. We’ve had over 70 sessions with 300 point round trips. We’ve had dozens of 500 point round trips. Things are indeed volatile.
 
I think we’re “topping”. But it’s a process, not an event. The bulls have to push for more, while the bears take their shots. It becomes a donnybrook of push and pull, up and down. So yeah, I believe we’re in the process of topping out.

That said, I still think there can be one last “blow off” top. A big strong run that possibly takes us to a new high. Why do I think that? Simply history. While nothing ever happens “every time”, we’ve seen a lot of times where after the Thanksgiving Holiday, the market starts marching higher in the “Santa Rally”, and then runs into the new year on the “January affect”.
 
I think that can still be in play. But here’s where I get a bit firmer. If we get Santa, and the January run, I believe that’s it. I think it’s the final run and we enter a long running bear market.
 
To give you an idea why I still think they have enough desire to pull it off, look at today. We were down 350 DOW points today, broke through supports and COULD have fallen another 400 points easy. But instead, we stopped on a dime and they came back in. At one point late in the session the DOW was only down 52.
 
While we did end the day down 204, it could have been much worse if they wanted it to be. So, between now and say the end of the month, I could see us dropping out even more. I could see more red. I could even see a real washout. But I still lean toward the idea that they’d use that flush to pile in for the year end.

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