Monday, October 14, 2013

The Weekly Outlook - It's the Government We Deserve ~ $DJIA $SPX $NDX

*****If anything, I'm anticipating a difficult week. Not for traders but for all the predictors, analysts and commentators. They will have their analysis based on last week only to need to change it based on the next move on the  market. After many years of listening it still amuses me how much they can talk and question so little.

Reasons are given and taken as if they were written in the Heavens and the ones that don't fit the theory are discarded as unimportant. Questioning is no longer in vogue. Having read, hundreds of tweets, listened to hundreds of commentators, I find that none wish to be questioned but only listened to; or better said, none want a real conversation. Just like what is happening in our government today, where not many want to discuss or consider what their elected purpose is. Following reality of any situation is out of the question  yet they threaten the very people that got them into that powerful office with shutouts/shutdowns thereby feeling  their power as more important than their oath to follow the written Constitution.  They dismiss questions, if a real question is even asked them anymore;  they hide from discussions, state opinions as gospel and they use their own self-importance as reason for it all.

We too are full of opinions we want to voice. We tweet and blog all over the universe wishing for a response but seldom for a real discussion. Mainly we look for those who will agree with us and praise us. Discussions are rare and excuses are usually the lack of time, yet we pass information which is most often accepted as real or for a fact. In short, questioning has become unimportant.

The markets all over the world wait in anticipation and react in anticipation according to the whims of these leaders. Markets rise and dive according to opinions that may or may not be accurate even if true.  It's no wonder that the saying fits: "Each nation deserves the government it gets." Which means that in the USA, we get what we voted for and in my opinion we vote for representatives who most likely reflect our current nature and behavior.

Joseph de Maistre also wrote that "All grandeur, all power, all subordination to authority rests on the executioner".  Namely, us. Perhaps when we all start taking responsibility for what we say, how we behave and who we are, then perhaps we will start electing officials who can reflect those qualities back to us.

Half the Perfect World by Madeleine Peyroux on Grooveshark

Happy Trading, Living and Dancing

The Weekly Outlook -  $DJIA $SPX $NDX

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