Now here is an innovative way to get a man’s attention…
“Wives and girlfriends of gang members in one of Colombia’s most violent cities have called a sex ban in a bid to get their men to give up the gun. ” (article)
Via a TA perspective DNDN is ready for what appears to be a sizeable breakout. Their BLA is in the works, and what is needed is the manufacturing part of it. This section of the BLA will be coming in the latter part of 2006. Whatever should happen 4 months from now is irrelevant.
The 20 and 50 SMAs have already broken upward, now its time the 200SMA changes to an upward direction. DNDN is oversold and w/the market and index movement on its back, DNDN should see 6-7 very soon.
UK inflation is up to 2.5% (article), Japan wholesale prices are up too. (growing at a less than 1% rate while having an approximate inflation rate of 3.4% is not good… article)
Oil is blamed for most of it, and now with oil declining so should this inflation threat.
But… Interestingly enough, the IMF warned today. (article) Not given specifics, just the usual ‘high oil prices and the slowdown of the US housing market’.
IMO, if inflation globally is not contained via the US slowdown and lower energy costs, than liquidity will have to be stripped from the system… meaning higher interest rates, and more depressed markets.
Something to keep an eye on.
I’ve been thinking about investing in water, but never pulled the trigger as the equities in the sector are over priced, even after the market decline. Either smart money feels this will be the case for sometime and the stocks will always trade at a premium, or they are set for a hard landing. (my case is the former)
Drinkable water is limited. It is produced in the frosty mountains and trickles down via fresh water streams. The amount produced is about consistent yr over yr, and with the planet warming the amount will be reduced. (albeit the warming of the planet is slight, but plays a role)
Hence, the case to invest in water… In America we have a consistent natural production of fresh water yr over yr, yet the population keeps growing.
Here is an nice article depicting our next great liquid gold. fyi… PHO is a water based ETF.
I say the markets have hit their near term bottom. The SP500 should bounce, w/a superficial move to an overbought position, then start to correct to its 62SMA… around 1275 or so.
The biotechs should bounce too. (i think they will be the leaders in this end of year rally.)
or so i would like this to be the case 
Those who attack the day to day lives of individuals just trying to make a living, to stay out of harms way and pay they mortgage, support their family and just live a normal life to me are terrorist.
The people they target are living the difficult life day in day out, working a job they most likely don’t like, but keep going to work everyday because of their responsabilities to others. These people don’t create policy, they don’t create the suffering of others, they simply want to live w/in a society to live.
IMO, attacking the average person serves no purpose. none. Fear will not be accepted by them, especially Americans, as our way of life does not promote fear, but anger and determination. (I don’t have time go into the mentality of our way of life, but a review of our history and the challenges we as Americans, not a government, overcame and were/are able to create is impressive to say the least. But i can make this statement because i’m an average shmuck who got angry, not fearful.)
1. OPEC Oil out put will remain high… adding to the downward pressure of oil.
2. Japanese economy revised upward… although still lower than analyst expectations.
3. UK Producer Prices are ease… we ususally follow UK, but others countries inflation fear are easing w/energy prices easing.
Good, but potentially troublesome…
1. China trade surpluss is at its high… why its troubling…
>>Talking at China’s Business Summit, China’s Vice Premier Zeng Peiyan said China would adjust its money supply and credit and take “comprehensive measures to mop up liquidity in the banking system”. <<
-when using the term “mop up liquidity in the banking system” by a Premier I worry. That means a finacial crisis is in the works due to the unresponsible level of liquidity allowed in the country… we just don’t see it yet. But I’m sure we will when the global economic down turn arives.
I’m watching Meet the Press w/Tim Russert interviewing VP Dick C. Tim is not going easy on the VP. He is asking the VP all the questions and comments most of the Americans (as per approval ratings) have at the dinner table or overall direction of the IRAQ war. Good stuff. A transcript should be posted w/in the link in a few hours or so. (transcript)
“The Treasury Department said it had cut state-owned Bank Saderat off from the US financial system entirely.” (article)
The bank was always able to deal with the US indirectly, via other banks, but now this has stopped.
Well, i say its about f-n time. I hate the double talk by the US gov. and the actual action of companies. Forinstance, Halliburton is a major player in Iran, yet this is rarely mentioned when the polititians bash Iran.
Also, the best way to strangle an organization (even terrorists living in caves) is to stop its funds. (I’m curious to know what other smaller banks are being monitored or forbiden to deal with the US.)
Michael Paige, a columnist for CBS MarketWatch, recently wrote… “Palm Faces Slick Competition and Pricing Pressure”
I can not really argue the analyst comments. The comments represent known concerns, and the current negativity surrounding PALM merit a high degree of those concerns until PALM’s management proves them wrong. Paige is overall fair, but some points i thought were off the mark…
1. “Palm’s latest Treo designs look basically the same as the devices it rolled out nearly three years ago. In the meantime, rivals like RIM and Motorola have managed to win fans with products that have sleek new designs — and are priced aggressively.”
-True about pricing, but the Treo’s 700 design is such a nice design, and it fits so well in for the high speed networks. I can not argue w/the Q’s ability to sell (it is consistently in the top 3 of amazon.com best selling PDAs… but all the Treos are consistently in the top 10) I am not a fan of the Q design. It is thin, but ugly. RIM has not brought any revolutionary design to the market. The Pearl is a ‘ho-hum’ looking phone simply varying from what RIM is known to produce. I still think the Treo design wins here.
2. “RIM, of Waterloo, Ontario, has scored rave reviews and potential converts among Palm users with its newest device, called Pearl. [siting Bambi’s article]”
-Uhm, that is one jouranlist who gave a very fluff piece as to why the Pearl is good. Basically Bambi’s article stated the navigation system is hands down the best (not siting specifics) and that the SureType was really good. Siting her friends use of the typing, but i have a much different experience when using SureType. (read her editorial so you can decide) I recommend searching the Pearl and see what the blogs are saying about the Pearl. Here is CNET’s review… “wasn’t exactly a hidden gem” (http://reviews.cnet.com/RIM_BlackBerry_Pearl/4505-6452_7-32041928-2.html?tag=sub) sorry, i’m having a problem linking.
