Saturday, May 16, 2009

Is it Alzheimer's or the Thyroid?

Read the complete article at the Alzheimer's Reading Room.
I wish I could shout this from the mountain top: "when Alzheimer's or dementia present themselves get the thyroid checked".

Tuesday, May 12, 2009

Is Gold Ready to Glitter? (Outlook, Chart)

Read the complete article at All American Investor

June Gold, Bar, Chart


Gold has a tendency to be seasonally week from March through August. As a result, it is always risky to speculate in gold during this time frame.

In April, we wrote that gold was likely to test the 865 - 875 area. This happened, the market held, and made a very nice double bottom. This is now an area of major support.

Right now gold is running into resistance in the 827 area.

Any close over 827.50 would indicate that gold is ready to move higher.
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Saturday, May 09, 2009

Friday, May 08, 2009

60 Minutes Bill James the Red Sox Stat Man (Preview)

It's a pastime that has an almost religious belief in statistics. Find the right permutations and you can be a master of the universe, or at least of the diamond.

Which brings us to Bill James, the wizard hired by the Boston Red Sox six years ago who helped bring a congenital loser two World Series championships after 86 years of drought.

As we reported last spring, James invented something called 'Sabermetrics,' loosely defined as the analysis of baseball through objective evidence.

Whether it actually works or not is open to debate but baseball, with its unshakeable reliance on superstition, believes the Red Sox have found themselves one extremely lucky charm.

60 Minutes correspondent Morley Safer found Bill James at spring training in Fort Myers, Fla., a shambling giant who strolls unnoticed among the stars and the star-struck fans, about as athletic as a night watchman at a pork and beans factory, which is exactly what he was.
Read on and see the video

60 Minutes Bill James the Red Sox Stat Man


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Thursday, May 07, 2009

Will President Obama put an End to the Medicare Rip-Off?

I bet you didn't know this.

When your elected representatives in Washington voted on the Medicare Modernization Act of 2003 they slipped in this dilly -- when Medicare buys prescription drugs from the pharmaceutical companies they are not allowed to negotiate the price they pay.

Let me put it this way, we the taxpayers pay full retail price when Medicare buys prescription drugs -- for us.

Now here is the part that is really odd. These same Washington politicians allow Medicaid and the Veterans Administration to negotiate purchases. Medicaid often pays 40 percent less than Medicare pays for the same exact prescription drug.

I can buy a 16 ounce can of Old El Paso refried beans in Publix for a $1.49. Or, I can go to Walmart and buy the same product in the same size for $1.09. I have a choice -- Medicare doesn't.

This leaves me wondering? What would happen if the buyers from Walmart were the buyers of prescription drugs for Medicare?


You can read the complete article by following this link.

Will President Obama put an End to the Medicare Rip-Off?

Wednesday, May 06, 2009

100 Million Adults Touched by Alzheimer's

Touched by Alzheimer's

HBO Alzheimer's Project / Harris Interactive Census

Read more on this topic.

Alzheimer's Reading Room: 100 Million Adults Touched by Alzheimer's

Sunday, May 03, 2009

Nasdaq Composite 15 Year Perspective --Going Nowhere Fast (Chart)

Follow the link for more.
Sometimes it is helpful to look at the market from a long term perspective. I think most believe the current bear market is new. However, the long term view indicates we have been in a bear market since the Nasdaq Composite topped out at 5,132 in March, 2000.
Nasdaq 15 Year Perspective 501
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