Wednesday, December 31, 2014

ON THE MARKET - Complacency Reigns! *

Pre-market –Monday > 6-9-2014

"The just price is the price established by the 'common estimation' [17] of buyers and sellers."

~ Saint Thomas Aquinas ~

1225 -1274

Dr. John L. Faessel


Commentary and Insights

Quote of the Day

"While we braved these then-fortified beaches to beat back Hitler and to liberate Europe . . . we fought for much more than that. We fought to preserve what our forefathers had died for . . . to protect our faith, to preserve our liberty. . . . I pray that the price we paid on this beach will never be mortgaged, that my grandsons and granddaughters will never face the terror and horror that we faced here. But they must know that without freedom, there is no life and, that the things most worth living for may sometimes demand dying for."

~ Walter Ehlers ~

Medal of Honor recipient

D-Day June 1944


"When injustice becomes law, resistance becomes duty"

~ Thomas Jefferson ~


Ronald Reagan's remarks to the veterans at Pointe du Hoc:

Link video here


Complacency Reigns! *


US Advisors Sentiment: Bullishness moved to a 6-year high – now at 62.2%.

Since Investors Intelligence's inception in 1963, the indicator has a consistent record for predicting the major market turning points. They consider the norm to be 45% bulls, 35% bears and 20% neutral.

VIX – Lowest tick / close since February 3rd 2007 @ 10.73

About 1.8 billi

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