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What’s Happening to The Republic

Franklin @ September 22, 2008 # One Comment

Some days I regret not having done something. For instance, I regret not having titled one of my articles Fear and Looting in Wall Street. This was back in August of 2007, and I thought then that it was going to be seen as a will exaggeration. Fast forward to the mother of all bailouts […]

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Looking for a Miracle

Franklin @ March 29, 2008 # 4 Comments

I was going to write a sardonic post about how Barack Obama is the Antichrist and why conservative Christians should vote for him to accelerate the second coming. The sad thing is that there are people out there who really think Mr. Obama is the Antichrist, so much of the punch of the post would […]

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Stagflation: This Time It Is Different

Franklin @ November 18, 2007 # 4 Comments

I just uttered two of the worst things any economist would ever want to see. And they are together, for good measure.

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Dow Jones at 13,300.02

Franklin @ November 7, 2007 # 2 Comments

In October 22nd we said that the DJ was in for 400 to 600 more points of pain. Since then the Dow Jones went up a little and down a little, a lot of nothing happened until today. I still expect the Dow to go down to around 12,600 with a lot of noise and […]

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Dow Jones 400 to 600 more points of pain

Franklin @ October 22, 2007 # 3 Comments

You read here on October 12 that the Dow Jones was in for some pain (http://services.thebankruptcynews.com/blog/?p=70). We said that “The Wall Street sponsored media should start next week pandering bad news and creating a climate of fear using the available examples of very bad October markets. Expect myriads of articles about 1929 and 1987.” The […]

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Bad News For the Dow (Short Term Bear Fest)

Franklin @ October 12, 2007 # 4 Comments

As I write this, the Dow is 47 points up. I would expect it to close down for today. Yesterday was a key reversal day, a technical signal traders pay a lot of attention to. A Key Reversal Day is when the market makes a new high, reverses and closes below the previous low. If […]

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Expect increased volatility

Franklin @ October 1, 2007 # 7 Comments

On August 20th, when the concern on the media was the liquidity crisis and the falling market I wrote to a good friend of mine “The move on the DIA since the bottom of 2002 looks parabolic. If we break the previous high we will be “on the other side of the curve” when things […]

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