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   Non-TechKirk's Market Thoughts


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To: Winfastorlose who wrote (10479)10/21/2020 12:11:02 AM
From: Kirk ©
1 Recommendation   of 15342
 
One of the better examples of how politicians get RICH while doing next to nothing but sucking the.... well, you get the picture.

amgreatness.com

‘Poontronage’: When Kamala Met Willie

As speaker of the California State Assembly from 1980 to 1995, Willie Brown was by far the Golden State’s most powerful shot-caller. In 1994 Brown, 60, met Kamala Harris, a full 30 years his junior, and she became “the Speaker’s new steady,” Brown’s “girlfriend” and “frequent companion.” The two-year relationship worked out well for Harris.

Willie Brown appointed Harris to the state Unemployment Insurance Appeals Board, which paid $97,088 a year. She served six months and Brown then appointed her to the California Medical Assistance Commission, which met only once a month but paid Harris $72,000. Call it “poontronage,” a politician’s appointment of his steady girlfriend, frequent companion, and main squeeze to a lucrative government position requiring little work.

Brown also raised money for Harris in her run for San Francisco district attorney in 2003. She defeated her former boss Terence Hallinan but promised never to seek the death penalty. She kept that promise the next year when gang member David Hill used an AK-47 to gun down San Francisco police officer Isaac Espinoza. Even Dianne Feinstein took Harris to task, as she alienated police across the state.


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To: Kirk © who wrote (10482)10/21/2020 12:47:41 AM
From: Winfastorlose
   of 15342
 
This is how utterly dishonest the Democrats are.

Biden campaign faces backlash for TV ad depicting Michigan tech CEO as struggling bar owner

The Blind Pig co-owner blamed President Trump, not Democratic Gov. Whitmer, for his bar's economic downturn




.

The Biden team is under fire for releasing a TV campaign ad last week depicting a Michigan bar owner struggling to keep his business afloat during the pandemic.

What the ad fails to mention is the man is actually a wealthy tech investor who made contributions to the former vice president’s campaign. He also supported Michigan Gov. Gretchen Whitmer's stay-at-home orders that kept businesses shuttered longer.

The ad, which was posted to YouTube on Thursday and aired Sunday on CBS during NFL games, features Joe Malcoun, who is listed as the “co-owner” of The Blind Pig, a once-popular bar and music venue in Ann Arbor, Mich. Malcoun blamed his business’ economic downturn on President Trump’s COVID-19 response.

“For 50 years, The Blind Pig has been open and crowded – but right now it’s an empty room,” he says in the one-minute ad, showing the empty venue. “This is the reality of Trump’s COVID response.”

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To: Kirk © who wrote (10481)10/21/2020 11:23:38 AM
From: robert b furman
1 Recommendation   of 15342
 
Hi Kirk,

I'm 68 and hoping to age out like Henry - I hope I hope I hope.

Bob

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To: robert b furman who wrote (10484)10/21/2020 12:12:59 PM
From: Kirk ©
   of 15342
 
I hope you do too as I sure enjoy your posts and friendship!

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To: Kirk © who wrote (10485)10/21/2020 12:15:42 PM
From: robert b furman
   of 15342
 
Hi Kirk,

Thank you and right back at you!

Bob

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To: Chip McVickar who wrote (10319)10/21/2020 1:30:04 PM
From: Kirk ©
   of 15342
 
Hi Chip. I hope you are well and happy!

Investors Intelligence Sentiment or IIS: This chart shows newsletter writer’s IIS vs the S&P500. With the recent rally from the recent correction, IIS is just back into my “caution” zone above 70%.

My pitchfork charts are saying about the same as my sentiment charts...


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To: robert b furman who wrote (10486)10/21/2020 4:10:10 PM
From: Kirk ©
   of 15342
 
Maybe he'll move to Texas if Biden wins....


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To: Kirk © who wrote (10487)10/21/2020 10:47:49 PM
From: Chip McVickar
   of 15342
 
Doing well thank you and hope the same for you...

Fwiw... the snp 500 cash has been in band since early Sept - the mid point is about 3400.00
if you do a 6 mth daily on the cash
There are two prominent pitchforks - one up one down
Upper and lower tines cross about 3375 around Nov 1st
Also, for both these pitchforks have a 'time resolution' around the 1st of Nov as well...

Most pun-dants seem to have their followers positioned long

Don't know if you follow gartley's, but there's a bearish one coming up.

tradingview.com

Chip

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To: Chip McVickar who wrote (10489)10/21/2020 11:17:44 PM
From: Kirk ©
   of 15342
 
Thanks. Not sure I have the blue head right but it comes close to what you said.

October is nearly over and that is one of the two worst months... but any contested election bs, riots or whatever could make November "interesting" this year.


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To: Kirk © who wrote (10478)10/22/2020 11:27:16 AM
From: isopatch
2 Recommendations   of 15342
 
Appalachian Basin focused natural gas E&Ps continue strong performance, of past month, vs most other oil & gas drillers & producers which concentrate their operations in petroleum basins elsewhere.

(disclaimer: Not talking my book. No stock positions long or short. Am LT local mineral property investor in properties with producing & non-producing wells in acreage with proven reserves varying from 3 to 6 stacked pay zones. None of 3 companies charted below operate producing wells on the properties.)

Though not playing them, TA & FA + Supply/Demand for NG, lead me to expect tradable higher prices for the 1st 3 stocks, below & the commodity into January. Modestly lower NG supplies, + normal to colder than normal Grand Solar Minimum winter will get the job done.

Questions about this supply demand read R discussed in more detail in YTD posts on my board. Sometimes I get a tad enthusiastic. Always fun when a plan comes together.

Cheers,

Isopatch







Comparison charts to NG heavy E&Ps with more focus in other U.S. & Overseas Petroleum Basins



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