Larry Pesavento's Insights on the Markets & Charts

"The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt."Cicero 63 BC!

As most of you are aware the Bank of America stock reached five dollars a share today. Stocks that go below five dollars per share have a 95% probability of bankruptcy. When I think of the fact that General Motors, Ford and now Bank of America are in that category it scares me. I am not an owner of any of these stocks. The banking index is telling us that the problem lies at the core of our financial system. Washington bureaucrats think that throwing money at the bank's will cure the problem. One thing I am certain and that is it will not cure the problem.

Today was "combust" with Mercury conjunct the sun. We are in a similar situation that we were October 8 when Mercury was conjunct the sun followed by several planets making major aspects a few days later. There are five major aspects occurring on January 23 24th. There is an increasingly strong probability that we could be down hard into those aspects if the market is weak on Tuesday, January 21st.

We do live in interesting times and we must protect ourselves as best as possible.

I realize this is off topic, but Larry sent this to me and I loved it!!! Enjoy :)

KURTIS THE STOCK BOY
AND
BRENDA THE CHECKOUT GIRL


In a supermarket, Kurtis the stock boy, was busily working when a new voice
came over the loud speaker asking for a carry out at register 4. Kurtis was
almost finished, and wanted to get some fresh air, and decided to answer the
call. As he approached the check-out stand, a distant smile caught his eye, the
new check-out girl was beautiful. She was an older woman (maybe 26, and he was
only 22) and he fell in love.

Later that day, after his shift was over, he waited by the punch clock to find
out her name. She came into the break room, smiled softly at him, took her card
and punched out, then left. He looked at her card, BRENDA. He walked out only
to see her start walking up the road. Next day, he waited outside as she left
the supermarket, and offered her a ride home. He looked harmless enough, and she
accepted. When he dropped her off, he asked if maybe he could see her again,
outside of work. She simply said it wasn't possible.

He pressed and she explained she had two children and she couldn't afford a
baby-sitter, so he offered to pay for the baby-sitter. Reluctantly she accepted
his offer for a date for the following Saturday. That Saturday night he arrived
at her door only to have her tell him that she was unable to go with him. The
baby-sitter had called and canceled. To which Kurtis simply said, "Well,
let's take the kids with us."

She tried to explain that taking the children was not an option, but again not
taking no for an answer, he pressed. Finally Brenda, brought him inside to meet
her children. She had an older daughter who was just as cute as a bug, Kurtis
thought, then Brenda brought out her son, in a wheelchair. He was born a
paraplegic with Down Syndrome.

Kurtis asked Brenda, "I still don't understand why the kids can't
come with us?" Brenda was amazed. Most men would run away from a woman
with two kids, especially if one had disabilities - just like her first husband
and father of her children had done. Kurtis was not ordinary - - - he had a
different mindset.

That evening Kurtis and Brenda loaded up the kids, went to dinner and the
movies. When her son needed anything Kurtis would take care of him. When he
needed to use the restroom, he picked him up out of his wheelchair, took him and
brought him back. The kids loved Kurtis. At the end of the evening, Brenda
knew this was the man she was going to marry and spend the rest of her life
with.

A year later, they were married and Kurtis adopted both of her children.
Since then they have added two more kids.

So what happened to Kurtis the stock boy and Brenda the check-out girl? Well,
Mr. & Mrs. Kurt Warner now live in Arizona , where he is currently employed
as the quarterback of the National Football League Arizona Cardinals and is taking
the Cardinals for a possible appearance in the Super Bowl. Is this a
surprise ending or could you have guessed that he was not an ordinary person.

It should be noted that he also quarterbacked the Rams in Super Bowl XXXVI.

He has also been the NLF's Most Valuable Player twice and the Super Bowl's Most Valuable Player

Robin;

Great post

I just hate Kurt beat my Panthers

Robin, I'm so glad you found this site and thanks for posting this. Great stuff...love it!

http://www.truthorfiction.com/rumors/k/kurtwarner.htm

Snopes has a corrected version of the Kurt Warner story. Above is mostly true but the real story (per snopes) is actually better.

Many of you have asked me to explain what I mean when I refer to the cycle low of August 13-17, 2007. These particular aspects were very strong planetary configurations. They do not happen very often usually every 6 to 12 years or longer. Stocks have been trading since the late 1790s but good data was not available until 10 years after the Civil War in 1876. My research into Astro cycles was stimulated by the results shown by the Bradley stock market indicator that 200 year timeframe. There have been only about 22 sets of these Astro aspects in the history of our country. In August 2007 it was the first time that this set of lows had been violated. What is also significant is that after the low in August was made the market went up and made new highs. It is my opinion, that because we violated the lows of August 2007 we are in a bear market until the next set of these aspects occur in the fall of 2011.

I've enclosed a weekly chart of the S&P 500 cash that tries to illustrate this concept. You must use your imagination to select the lows in the white rectangular box. Consider these to be yearly lows. As you can see these lows have never been violated in all the years of data on the chart. Now imagine this chart started in 1792.

As many of you know I have assumed that we are in the same type of cycle that preceded the panic of 1837 that was brought on by the liquidation of debt, crooked bankers, and the over expansion of credit. What is interesting is that the same Astro aspects that were present in 1837 are currently the same aspects that we are dealing with at this

I'm going to use this thread to post anything that I come up with aside from what Larry sends me. Hope that's ok...

http://www.allmyfaves.com/

Website of Websites
THIS IS THE COOLEST THING SINCE THE
INVENTION OF THE TV REMOTE CONTROL

Just Point and click !

The stock market attempted to make new highs again today. In fact, the
NASDAQ was able to make new highs. This presents a potential problem for the

Bears, or a great opportunity. Divergence between similar contracts can be
highly indicative of a major trend change. As you can see from the enclosed
chart, the NASDAQ easily exceeded last week's highs, while at the same time
the S&P 500 (i.e. Dow Jones also) were unable to do so! The bearish case is
still up for grabs. Any move in the S&P 500 above 875 would mean that we are

going higher. The figure for the Dow Jones is 8112. This week will be
critical to what happens going into May 18th which is our next Astro
harmonic date( combust ).

This weekend we will present a comprehensive pattern analysis on all the
major markets as we are approaching some completion of very significant
patterns.