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X-WR-CALNAME:San Diego TigerSoft Investing December Meetup in San Dieg
	o at Postal code 92120\, United States - Eventful
BEGIN:VEVENT
DTSTART:20081206T121500
DTSTAMP:20081202T072858Z
SUMMARY:San Diego TigerSoft Investing December Meetup
DESCRIPTION:  Agenda for November 2008 TigerSoft User Group Meeting. V
	isit our website - www.tigersoft.com Lots of Important News 1) The mon
	ey ($700\,000\,000\,000) is "still not being put to work." The banks h
	ave been given billions without any guarantee that they will start loa
	ning the money. This is bearish. 2. Bush has just said "NO" to a new s
	timulus package\, even though he has just asked each person in the US 
	to contribute $2300 to the banks. This is bearish. 3) The consumer is 
	tapped out. Wealth has now reached levels of concentration not seen si
	nce 1928. I remember doing a lot of reading where Keynes talked about 
	under-consumption and the need for public works to put people back to 
	work if the jobs were not forthcoming privately. Without such a progra
	m\, the outlook for the economy will not get much brighter. And it may
	 worsen overseas. And that will hurt the US. We are all in this togeth
	er. 4) All sectors of the stock market are now down steeply for the la
	st month. There are no pockets of strength. There is no leadership. 5)
	 All countries' stock markets are down badly. The SP-500 is holding up
	 relatively well\, being down only 37% for the last year. All but a ha
	ndful of foreign ETFs are down much more. 6) The Dollar is strong. How
	 will that benefit the market? Stocks that import are being benefited.
	 Example: Walmart. Exporters will be hurt a lot. Tech stocks do a lot 
	of exporting. Expect the QQQQ and NASDAQ to be weak. We now have DEFLA
	TION\, not inflation to worry about. Deflation is a symptom of a comin
	g DEPRESSION. New economic policies are needed. Trickle-down doesn't w
	ork. That money is now being hidden under a mattress and in T-Bills\, 
	just as it was in the 1930s. Get out Keynes. There is no guarantee tha
	t private investments will be forthcoming until there is ample governm
	ent spending on public works. 6) The job market is very bad and gettin
	g worse. 7) Housing prices continue to decline. A moratorium on forecl
	osures would help. It would reduce the inventory of houses for sale. 8
	) The SEC still refuses to ban naked short sales or stop short sales o
	n down or zero-down ticks. Wall Street's trading interests are antithe
	tical to Main Street's. Obama defends Cox (the SEC Chairman) from McCa
	in\, who said he would fire him. BUT THERE IS HOPE\, DESPITE ALL THIS!
	 1.) Presidential Election Years most often bring a September decline 
	and a rally from an October bottom. We will want to see how reliable i
	s such a pattern. You have to go back to 1920 to find a Presidential E
	lection Year when there was not a tradeable bounce from an October low
	. In 1920 radicals were being rounded up and deported by the Attorney 
	Genera. In return\, his house and Wall Street were bombed. We are far 
	from 1920! 2) Peerless shows the market is now far below the normal lo
	wer bands. If a rally can take place\, and get us back within the norm
	al bands\, the bullish seasonality will start to bring in some of the 
	cash and hot money now resting on the sidelines. 3) We have a good mar
	ket of stocks to study now. It's like when the tide is out at La Jolla
	 Cove. That's when you can see the rocks. The best stocks stand out ve
	ry clearly now. TECHNICALS Use Tiger's Closing Power. Openings are oft
	en very false in a bear market. The closings are "for real". I have do
	ne a lot of testing of this tool. We use Closing Power along with our 
	Accumulation Index\, OBV and Relative Strength. Look for non-confirmat
	ions by it of new price lows to suggest a bottom. Watch for its changi
	ng direction after a big run where Opening Power has also been falling
	. The outlook for 2009 is very problematic with banks not lending. But
	 people are very tired of Bush. An Obama Administration will not use F
	EAR so quickly as the Bush Administration has. So\, there should be a 
	relief rally as Bush leaves the scene. OK - WHAT ORDERS DO WE WANT TO 
	PUT IN. Given all these considerations\, what Individual Stocks should
	 we Buy or Sell Short? We will look at the stocks you own using the va
	ntage point of TigerSoft's" automatic Buys and Sells and with an eye t
	o whether the stocks show insider buying or selling using out Tiger Ac
	cumulation Index. Seasoned Tiger users always chime in. The Tiger Powe
	r Ranker can be applied to 6\,000 stocks. We do this to find special s
	ituations that we may recommend now for purchase or sale. Keep in mind
	 that the Tiger systems have been extensively back-tested. For example
	\, the highest Tiger Accumulated stock in the DJI-30 typically rises 2
	4% per year. Peerless has averaged since 1965 17%/year simply Buying a
	nd Selling the DJI-30 on its automatic major signals. This will be a v
	ery full agenda. I think it will be an especially important meeting fo
	r those new to Tiger\, as well as those who have used TigerSoft and Pe
	erless for years. We look forward to seeing you. "Tiger Bill"\n
LOCATION:Postal code 92120\, United States @ San Diego, California 921
	20 United States
SEQUENCE:1228202938
UID:E0-001-017141627-0
URL:http://eventful.com/E0-001-017141627-0
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