| Senior Political Correspondent
Facing a pivotal primary in Florida next week, the Republican presidential candidates jousted Thursday over who has the best background to deal with the nation's economic slump.In the South, Echoes of Jackson's Run...Nearly 25 years of social change, political realignment and demographic shifts separate the presidential candidacies of the Rev. Jesse L. Jackson and Senator Barack Obama. Even so, there are echoes of 1984 as the battle for the Democratic nomination once again roars across the South, focused squarely on African Americans.Giuliani's Florida Win Appears in Danger...Rudy Giuliani splurged on Florida, lavishing time and money on a high-risk gamble that the state would vault him to the Republican presidential nomination.New York Times endorses Clinton, backs McCain over Giuliani...The New York Times endorsed Arizona Sen.
Implosions Lower and Explosions Higher!
Dennis Meyers wrote an article for Stocks And Commodities magazine in 1995 and updated the original Ohama parameters to the ones given in our October 16th update. In that article, Meyers examined the signals given over the preceding 17 years and it turns out, by our calculations from his article, that the average decline from the closing price on the Dow on the day of the confirmed signal to the following low closing price was 7.9%. There were obviously noticeable variations in the results and we have not followed through with the results over the past 12-13 years. We now have seen both a confirmed Hindenburg Omen signal and a confirmed Titanic Syndrome signal so it would be fair to say that the market is in a weakened technical condition. Peter was kind enough to update his charts of years ending in 7 going back to 1897 and continuation charts for years ending in eight through last week: Now let's look at how the pattern looks going into next year: Actually looks like a great buying opportunity once the re-pricing of risk and the pricing in of the losses by the investment communities are completed.
Former Mitt PAC worker jailed
Elliott, 26, is a registered sex offender who was convicted in Iowa in October 2006 of exploiting a minor, according to public records. His rap sheet in Iowa also includes charges of escaping from authorities and violating the state’s sex offender registry, records show. He is being held in Polk County jail on three probation violations. A law enforcement source said the escape charge stems from an incident in July 2007 when Elliott allegedly cut off an electronic monitoring bracelet he was under court order to wear. He has also been charged with violating a probation condition that barred him from living within 2,000 feet of a school or day care. An Iowa Republican Party operative and Drake University graduate, Elliott joined Romney’s Commonwealth PAC in early 2006 but left after only a few weeks, reportedly to run for the Iowa state Legislature.
Congress' tax changes likely to benefit filers, but will slow returns
Congress late last month gave Christmas gifts — average $2,000 tax breaks — to about 21 million Americans. That's how many more filers would have been caught in the snare of the alternative minimum tax (AMT) on their 2007 returns, had the House not voted 352-64 on Dec. 27 to approve a bill that patches it. .
Japan Mobile TV in the News
A so-called digest version of official baseball games, offered free of charge via the operators Yahoo! mobile portal, will include games from Japanese major league baseball teams including; the Chiba Lotte Marines, Tohoku Golden Eagles, Hokkaido Nippon Ham Fighters along with the company-owned Fukuoka Softbank Hawks. The service sounds very much like the product offered by Tokyo-based Craftmax as described in our video interview conducted back in spring 2005. While we're on the mobile TV topic, several stories around the web caught our eye here this morning. Bansai TV If TV can go the bonsai way and shrink to wallet size, how will this affect those who make movies? Simple! Look to Japan for inspiration again and transform film making to a 'haiku: the terse traditional Japanese verse form of three lines, of five, seven and five syllables.
|
