$SPX

Okay, let's take a lokat the general picture wth the S&P. her's a long-term look......

Looks like support at the 794 50% retracement line.
It is somewat significant that the most recent highs of 2007 WERE higher than the highs of 1999-2000.

So, plainly if we break support here and say make lowere lows t is pretty easy to see 610. OUCH...

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MRK

And yes I'm shorting MRK because I loathe drug companies.....Serioulsy, you can look at a drug company's balance sheet and chart and think, "why is this stock not at least 50% higher". And then you realize it's because they are run by bone-head CEO's who squander profits on fruitless R&D or take cash reserves to buy an empty pipeline and more fruitless R&D. Sorry for the rant, but if yo are new to this heed this advice; Stay AWAY from drugs unless you are SHORT or into PUTS, that's right, "Just say no".......

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SNH

Senior assisted living real estate investment trust......

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POT

And Potash is the ag play best in breed. How else are they going to feed the people in China?

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MA

C'mon...it's best in breed creit card.....how easy is it to see gravitation back to the green line? Uhhh let's see that's $160 to $260-280.....

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JASO

Again sticking with the energy up first bottom-fishing scenario...

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GS

Best in Breed will survive....and thrive....

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CHD

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BRK.A

Another look at Buffet

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BRK.A

And for the dreamers in the crowd....

Even Warrren Buffet is getting kicked around tese days.....

Perhaps the more he appears on CNBC the more we should short his stock......

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MMM

Pretty ez to see $36 before you see $60 again here...

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KBR

Now here's one to watch fall some more....

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ETFC

Just plain sad...

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CAT

Like a real cat falling trying to right itself........

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MO

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AZO 10 yr monthly

What is propping this up anyway? People fixing up old cars? They'll be giving new cars away soon....

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AZO 1 year daily

Get ready to short Autozone above $140

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JASO

Bottom fishing on an alternative energy play as I believe Energy is heading higher.....

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$INDU

Shorter term look: 2 year daily...

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$INDU

Ascending traingle pierced to the lower side.....BAD KARMA. Easier too see retest/break of $INDU 7197....

So much for Obama change; looks like it's gonna get worse before it gets better.

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