Sunday, July 11, 2010

The Oil Volcano - Update

I'm bringing the first link below forward from a Comment just posted in a prior blog.  It contains three You Tube videos that address some problems caused by the oil volcano and in particular, collateral damage that might be occurring as a direct result of the attempts to stem the oil contamination of the gulf.  The suggestions are that real damage to the environment, our food supply and the population is being caused by reckless use of the chemical Corexit.
 Gulf of Mexico: Marines evacuated, sea highly toxic

"The Oil spill has reached a point of no return, the damage is done. But not a lot of people are aware of the extent of the damage mainly because the use of oil dispersants that made the oil 'invisible' but left bigger problems."
"The dispersants Corexit, used made the problem so much worse that it has caused the oil to be able to evaporate into the air making the air toxic as well as the dispersants are being sprayed into the air and being picked up in the air currents carrying it unto land." 
Arsenic levels rise around Gulf of Mexico

BELEAGUERED energy giant BP was hit with further bad news this morning as it emerged dangerous arsenic levels have been found in seawater around the Gulf of Mexico.

This last one is a little out there, but it is a Sunday and if you recall, I am cut a little slack on Sunday's so what the heck:  There is no oil spill, its all an Illuminati "false lag" conspiracy to manipulate costs and use of oil and to implement population control.
Corexit global conspiracy
Weekend Update

I sent out my Weekend Update to subscribers yesterday.  Here is an excerpt:
Last week's strong rally does not erase the bearish potential for the market in the weeks ahead. Nonetheless, we must respect the plethora of market-buys in our trend models.  If these new buys get reversed quickly, take special note for what that may portend for the next major leg of price behavior.  Unless and until that happens, there are plenty of fresh signals to pick from if you chose to trade on the LONG side here. 
The problem most traders have is that the think too much. So my parting words to you this weekend are to not over-analyze the nuances of market movement too much and instead, trust the trend models.  They are the ones that we brought to this dance.

1 comment:

Anonymous said...

wait until the hurricanes stir up the mix and blow it across the entire eastern seabord.
I dont want to think about it.