Thursday, May 27, 2010

I can't believe ...

It has been over a year since I've written anything on Astro. A lot has happended in that time period. In October we got a lead on a job in Eugene, Oregon managing a 49-room motel. The owner lives in L.A. and he flew us out for an interview. We spent the week with Jonathan and Amanda and had a great time. We were there for Halloween and went to a party ... we probably embarassed them but we were having one of the best time of our lives, or at least it seemed like it.

We were staying at Dan's and David was driving to Brandon once a week to buy groceries for his parents. His mother became ill and stayed in the hospital for a month. She asked David and I to stay with them and help them. We decided that we would live there and make that our home. But Dad just got way too out of hand and we realized in June that it wouldn't work. We went back to Dan's and by then I expanded my job search outside the Fruitland Park area. Daniel had decided by then that "he has seen us enought to last him ten years." LOL ... don't blame him at all. I think I was applying for about 80 jobs a day all over the country. Almost went to Craig, Colorado ... but we were really not keen about going back to sub-zero, 6-month-long winters and David reminded me how he had not been able to breathe when we visited there in 2008. Also, had a chance at a job on the beach above Jacksonville. That would have been a HUGE mistake.

My best friend from childhood, Debbie Brown Nevels, passed away from Cancer. That was a shocker.

Kenny and Pam became grand-parents for the first time (and Regina again.)

Jonathan and Amanda visited us for the holidays. That was really nice. We had a great time with them.

But now, here we are, in Eugene, Oregon and loving it. It is really a nice place here. Lots of rain, for sure.

In current events ... wow, what a year. Lots of unemployment, homelessness, major earthquakes, volcano eruptions, floods ... even in Nashville, tornados ... tore up Yazoo City, oil disaster in the Gulf of Mexico, more bank bailouts, health care reform passed, immigration and border issues explode out of hand, new supreme court justice nominated, more miners killed in WV, One Korea supposedly blew up a ship/sub of the other Korea and that area is heating up, as well as, new talk of Iran invasion.

Where's it all headed. Hmmmmm ... my prediction is:

Fighting will start up in regard to Korea. Market will crash so that Obama will lose (he accomplished the goal of health care reform .. in time for the next pandemic flu outbreak which I'm sure will be more deadly now that the cards are all in place) ... Republicans get back in and go after Iran (and Alaska oil) ... After a short time, Korea will end tensions with reunification. After a NWO regime is installed in Iran, regions will start developing stronger ties and the 3 unions will grow stronger and more solid. Russia, Japan, China, Korea, Australia and other Asian/Pacific areas will form the "Asian Union" with power based in China, which will join the "American Union" and the "European Union."

There will be many changes, some will happen faster than others, but eventually the U.S.A. will be different ... it will either be America or it will be 5 regions as states of America.

Dire predictions, but the technological advances are going to be phenomenal.

In an email to investors by Robin Landry, as posted by George Ure, he says the following:

email from Robin Landry to his colleagues in the investment business:

"Hi Everyone,

My count has the Dow ending another wave 1 down (see attached chart) and is now in a small wave 2 rally to the 10,200-10,450 area before turning back down in another decline that should eventually reach the 8500-8000 area for wave (3). There are a couple more aggressive counts not shown on the chart so be prepared for surprises to the downside, if my count is too conservative. One of the things I have learned over the last 36 years of analyzing the markets is that they can fool everyone sometime. The tools that many analyst have used over the last 80-90 years, while still helpful, don’t always work on a decline of this magnitude. In this type of BEAR Market the buy signals don’t work as well as the sell signals. As I have said many times over the years, I believe we are in a decline, which Elliott Wave analyst label as a Grand Super Cycle decline, which happens approximately every 250 years. Declines of this magnitude usually see changes in government and influence swinging from one country to another. Can you say China? They are especially turbulent and cause most people to lose much of what they have. Debt is the four letter word during these times and we see this in the headlines every day. The need to get out of debt for individuals all the way up to countries is something I have been saying for over 5 years. Hopefully some of you have heeded that advice. The last few days many well known market newsletter writers have joined those of us who use the Elliott Wave as the main tool in our analysis in saying the markets have much more to go on the downside. Those of you who would like to learn more about this type of technical analysis can go to this website www.elliottwave.com and get a wealth of information. If I, and other Wave analyst are correct, Richard Russell had it right when he said that most investors would not recognize the United States by the end of the year. I hope he is wrong and common sense comes back to our leaders in the White House and Congress but so far it does not look good. Since the economy is now more of a global one, the events in Europe and elsewhere are mainly out of our control thus making the problem more complex.

We'll see.......