sp technical analysis , page-24

If you compare the 1 year graphs for both KAS and VMS you will see the same down trending patterns.

Wasn't as obvious with KAS until recently.

KAS holders have experienced a similar re-rating as VMS.

Question now is... what is the bottom...

29? or 27?

27 was the bottom at the end of June 2010

Around 20 was the bottom middle of 2009

I'm guessing somewhere between the two of those.

I think now even if Helicopter Ben went on a motorcade through the streets of New York throwing buckets of free money from the rooftop of his Federal Money Truck, it wouldn't be enough to stop the slide now.

Everybody knows the US is stuffed now and can't pay its bills.

Germany and France looked to be coming to Greece's rescue on the weekend, but only to save their own banks who are exposed to Greece.

That won't be too popular with voters for long.

But looks like that has now fallen apart also... read below.

http://www.nytimes.com/2011/06/20/business/20euro.html


So the question remains... where to from here?

Something has to happen to bring confidence back to the markets before share prices in general will begin to re-inflate.

As for our own overpaid under-worked spin monkeys they certainly aren't helping matters at home either...

They sell off Telstra to the Mums and Dads to pay down foreign debt, and then they start up NBN Co. to go into competition with it using $50+ billion in Mum n Dad's taxpayers funds, they now borrow more money than they actually paid off...

To build something, that most people don't need!

Geniuses... the lot of them!

Isn't it astounding to think they managed to sell the public something that the public already owned? And now they want the public to put up more money so they can go into competition with it?

Makes me sick!

If you want to know the answers as to why these insane happenings are occurring right in front of us....

Read "the book" - Read "the book"


A note to fellow Dr Dolittle subscribers...

I noticed in one of his weekly updates a couple of weeks back, he made mention of "taking some money off the table".

I'm certain, that if things go much further south from here, he will point to that remark as his "OUT" clause.

He always has one.

Food for thought.