Friday, July 27, 2012

I'm Sorry For Getting Religious On You.

Charts: The S&P 500 has been in a consolidation channel for 1 1/2 years. Today it moved up to the top of that channel (1370) right after the bell. It moved in and out of resistance at 1370 a dozen times, then punched up through the long term channel. If it trades above 1370 for four days, then the chartsists will say it has achieved a break out.

Long War: A high ranking Syrian general who defected a while ago to join the FSA is painting a very different picture of Assad's army and the looming battle of Aleppo then what I did yesterday. Sorry. General Al-Zobi says the rebels have cut off all supply lines to Assad's army and the bad guys are running out of fuel and rockets. He is hinting that the strategy the rebels are employing in Aleppo is the same that Soviet General Zhukov employed in Stalingrad to destroy Hitler's 6th Army.

Hitler was sucked into Stalingrad. It was a trap, an urban trap. It soon became a death field for the Wehrmacht. Al-Zobi is insinuating that history is repeating itself.

Soviet General Zhukov was considered to be one of the greatest military minds in all of human history. Who is the super-genius at the helm of the FSA? Reuters thinks it has an answer...

Reuters says that the Turks have created a huge "nerve center" that is organizing the FSA. This nerve center is being run (according to Reuters) by the Turks, Saudis, and Qataris. We are told the teeny-tiny Qatari intelligence agency is the brains behind this operation. The high-tech stuff that you would think could only be done by the CIA is (we are told) being done by a vague group of private outside contractors. As you will recall we were also told at the time that the Qataris were running the war in Libya. The mouse is pretending to be an elephant.

I'm not even going to waste my time picking this nonsense apart. If you've been reading this blog for any length of time, then you know exactly what I'm going say about all this happy horse-shit.

All I will say is this... I try not to get too religious when it comes to investing, but today I can't help but fall to my knees and offer this prayer of thanks to the good Lord above, "Dear Lord God Jehovah thank you making the CIA such a bunch of cunning and deceitful bastards. Keep up the good work. Amen."

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