Tag: Small Business

How a Simple Line Can Improve Your Trading Success

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Elliott Wave International’s Jeffrey Kennedy explains many ways to use this basic tool
January 19, 2011

By Elliott Wave International

The following trading lesson has been adapted from Jeffrey Kennedy’s eBook, Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions. Now through February 7, you can download the 14-page eBook free. Learn more here.

“How to draw a trendline” is one of the first things people learn when they study technical analysis. Typically, they quickly move on to more advanced topics and too often discard this simplest of all technical tools.

Yet you’d be amazed at the value a simple line can offer when you analyze a market. As Jeffrey Kennedy, Elliott Wave International’s Chief Commodity Analyst, puts it:

“A trendline represents the psychology of the market, specifically, the psychology between the bulls and the bears. If the trendline slopes upward, the bulls are in control. If the trendline slopes downward, the bears are in control. Moreover, the actual angle or slope of a trendline can determine whether or not the market is extremely optimistic or extremely pessimistic.”

In other words, a trendline can help you identify the market’s trend. Consider this example in the price chart of Google.

That one trendline — drawn between the lows in 2004 and the lows in 2005 — provided support for a number of retracements over the next two years.

That’s pretty basic. But there are many more ways to draw trendlines. When a market is in a correction, you can draw a trendline and then draw a parallel line: in turn, these two parallel lines can create a channel that often “contains” the corrective price action. When price breaks out of this channel, there’s a good chance the correction is over and the main trend has resumed. Here’s an example in a chart of Soybeans. Notice how the upper trendline provided support for the subsequent move.

For more free trading lessons on trendlines, download Jeffrey Kennedy’s free 14-page eBook, Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions. It explains the power of simple trendlines, how to draw them, and how to determine when the trend has actually changed. Download your free eBook.

Investing Advice: Trading the Holiday Grind

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It’s that time again when volume dries up and prices rise into the new year. A lot of individuals are scrambling to prepare for the holidays, even though we had a year to prepare. The big money has already done most of their year end shuffling and will be taking it easy until January.

The market is overbought and sentiment readings are at extreme levels which in the past have been the start of large sell offs and even bear markets. While I am keeping a close eye for a top, there is not much we can do but stay long stocks and commodities until the market tips its hand and distribution selling is in control. The U.S. federal government is the only wild card going into year end that should be on traders’ radars. They have been doing a great job boosting prices in the equities and commodities market, but can they continue to hold things up when the big money and the proverbial herd start unloading positions in 2011?   — Please, Click here to read the rest.

Personal Advice from ME: If you are small time stock investor, GET OUT NOW!

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…and here is why….

This comes via Gateway Pundit, who is one hell of a great blogger:

The story via the U.K. Telegraph:

US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks.

Such a sharp rise in US benchmark market interest rates matters a lot – and it matters way beyond America. The US government is now servicing $13.8 trillion (£8.7 trilion) in declared liabilities – making it, by a long way, the world’s largest debtor. Around $414bn of US taxpayers’ money went on sovereign interest payments last year – around 4.5 times the budget of America’s Department of Education.

Debt service costs have reached such astronomical levels even though, over the past year and more, yields have been kept historically and artificially low by “quantitative easing (QE)” – in other words, Federal Reserve Chairman Ben Bernanke’s virtual printing press. Now borrowing costs are 28pc higher than a month ago, with the 10-year Treasury yield reaching 3.33pc last week, an already eye-watering debt service burden can only go up.

Few on this side of the Atlantic should feel smug. The eurozone’s ongoing sovereign debt debacle has pushed up Germany’s borrowing costs by 27pc over the last month – to 3.03pc. The market has judged that if Europe’s Teutonic powerhouse wants the single currency to survive, it will ultimately need to raise wads of cash to absorb the mess caused by other member states’ fiscal incontinence…

…Some say that growing signs of a US economic recovery are positive for stocks, which means money is being diverted out of Treasuries, so lowering their price, which pushes up yields. That’s wishful thinking. Sovereign borrowing costs have just surged in the US – and therefore elsewhere – because a politically-wounded President Obama caved-in and extended the Bush-era tax cuts, combining them with a $120bn payroll tax holiday…

…The market is increasingly alarmed at the rate of increase of the US government’s already massive liabilities. America’s government debt is set to expand by a jaw-dropping 42pc over the next few years, reaching $19.6 trillion by 2015 according to Treasury Department estimates presented (amid very little fanfare) to Congress back in June. Since then, government spending has risen even more. So US debt service costs, like those of many other Western nations, are expanding rapidly in terms of both the volumes of sovereign instruments outstanding, and the yields on each bond.

You know what that means? It means that if you are a small time investor; that you need to get out of the Market NOW! This could have a huge impact on the market, and you could lose very big. I do virtual trading and so far, I have done well on my trades. But I am not about to lose my shirt, so, I ordered a sell off of everything. Now the big time guys will be able to afford to ride this out, because they have the wealth to spare. But the small time people will get burned. The best thing I can tell you small times investors, is to dump your shares and put it all into Gold. That would either be into EFT‘s or real actual Gold.

Disclaimer: I do not claim to be a expert on the subject of stocks, trading or even Gold. However, it does stand to reason that when such news as this is report, that it will affect the U.S. markets and the United States financial system. I do however, promote a great investment advice service called Elliotwave. You might want to check it out.

Yes Please: Ron Paul says Wikileak the Fed!

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Via Alternative Right:

Update: Thank you to voters at Reddit! You all are amazing… 😀

Here’s my stats screen as of a few hours ago:

Thanks so much you all. I will try to continue to post stuff like this, that everyone over at Reddit can enjoy. 🙂

Stock, Gold and Oil Trading Advice: Gold/Silver – Controlling Your Trades, Money & Emotions

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Last week we had typical pre-holiday light volume trading going into US Thanksgiving. The previous week I warned every one to trade with extreme caution because of the light volume and the fact that the market is on the verge of a sizable drop for both stocks and commodities. Any price action could not be taken seriously because of the light volume. We will not know until later this coming week what the big money wants to do… Buy or Sell, also what the manipulators will do… Seems like there are a lot of wild cards out there with Europe issues and both unemployment and payroll numbers out on Friday morning.

Below are a few charts showing my intermediate term outlook for gold and silver.

Gold & Silver Futures – Daily Chart
You can see both metal are showing a possible reversal head and shoulders pattern. While they have yet to confirm and close below the neck line we must be aware of this pattern and the risk/potential it provides us with. Both metals are still in an uptrend but showing signs of weakness.

US Dollar Index – Weekly Chart
This chart is not really that helpful for trading stocks, commodities or options right now but I wanted to post it because it allows me to show you how I analyze the market and my trades.

As you can see, the past 3 weeks have been in a strong uptrend reaching the first resistance level. The point of this chart is to show you that if you step out to the next longer time frame you can get a solid feeling of where an investment will find major support and resistance levels. Any investment not matter if it’s a stock, commodity or currency, if the price is trading in the middle of a large range like this chart you should not be taking large positions because it almost becomes a 50/50 bet on the market which is not a good winning strategy unless you are very experienced at managing your trades and money.

If you are going to trade then you want to focus on the underlying trend and you do that by looking at the next larger time frame. For example: if you focus on trading the daily chart, then you must step back each week and review the weekly chart to be sure you are trading with the underlying trend which is up for the dollar right now.

Weekend Trading Ideas:
Tuesday morning we saw the SP500 gap lower and continue to sell off. Traders started panicking out of their long positions and we could see it using the intraday market internals charts, which I cover each morning in the pre-market trading videos. Me being a contrarian (buying into market fear, selling into market strength) I used that high level of fear in the market along with the expected light volume holiday week ahead as an excuse to book profits near the lows on SP500 using the SDS bear fund allowing us to profit from the falling market. I feel we are going to have some crazy moves on the markets going into year end and it should be a lot of fun if done correctly.

Trading in general is a very difficult task especially if you are doing it for a living and planning on using your monthly income to pay bills, salaries etc… We all know the stress which comes with trading and if do not have a solid trading strategy, rules and cannot properly manage yourself (emotions) then you are most likely running into problems like over-trading, getting shaken out of trades easily, and taking bigger risks than your account can handle. Each of these cause more traders to blow up their accounts and big up on trading.

I am giving away my book on how you can control your trades, money and emotions. This short and to the point guide is full of my trading techniques, tips and thoughts which will help you get a handle of your emotions turning the market noise into music.

—

For great stock, gold and oil trading tips; Please, click here to sign up for this great service for the day trader!

Man, I thought I was an asshole

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This guy here, makes me look like a boy scout! Seriously. 😯

In all honesty, I am quite shocked that someone has not taken the law into their own hands and popped the guy. (and if you do not know what I mean by “popped the guy”, look it up……)

I mean, I admit that I use the “Google Juice”; But I use it for pretty much honest purposes. Which is blog promotion and so forth. This is guy is using Google to outright defraud people, which is morally wrong.

Either way, it is a perfect example of bad or evil capitalism. Yes, I do believe there is such a thing. The man is a scam artist. I am all for Business, Capitalism, and making money — but in a honest and legal manner. Not like this; that is dishonest and is illegal and this guy should be cooling his heals in a jail cell somewhere.

The biggest issue about this guy and his little scam operation; is that it makes honest, hard working small business owners look horrible. Because seeing that the New York Times is reporting it; it will be framed in the manner that the readers will believe that ALL business owners are like that. That my friends is simply just not the truth; not everyone is out to screw the customer like that.

Hell, I used to run a business, a very small one; but just the same, it was a small business and I went out of my way to make sure that my customers were always happy. As a result of that, many of them would come looking for me and would ask me, if I could get them what they wanted and I usually was able to get them what they wanted. I used to be in the Electronics Business. I sold CB radios and Accessories, at one time. I took care of my customers. If I could not beat the big guy’s prices, I would tell them and they usually would get it from the other person.

However, there were times when I could I get a good deal on something and I would pass it on to my customers. The point here that I am trying to make is this; this idiot is making a mockery of the business would. He is a rude jerk and is getting away with it. Not to mention the legality of what he is doing. But above all, it just makes small business owners look bad, and that my friends is just not good. Something should be done about him and quickly.

Others: The Huffington Post, Althouse, Runnin’ Scared, Bark Bark Woof Woof and The New Republic, BuzzMachine, Deep Jive Interests, Elliott C. Back and Gadgetopia

Stock Advice: S&P 500, Treasuries, Gold, & Dollar are At Key Price Levels

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A new article by a new author:

Thursday was another example of Mr. Market playing games with traders and investors as equities and precious metals took part in a strong rally. Some market prognosticators noted short-term oversold conditions across the board while others discussed the potential for a strong reversal that could potentially take out recent highs. In addition to the regular banter, to the average retail investor the market sure looks rigged when the government decides to sell a large stake in a massive IPO offering and a shaky tape suddenly becomes stronger than garlic.

There is a lot going on in the news as of late, and the expiration of the Bush tax cuts looms large on the minds of many, particularly small business owners. So the real question becomes, what should traders be watching or paying attention to before the light volume Thanksgiving week? The answer is simple, watch the tape! The market will provide plenty of clues and it will eventually tip its hand, experienced traders will wait for this process to unfold.

At this point in time, it is a bit early to begin making predictions as to which direction the equities market will go. What we do know is that the market was oversold in the short-term, so this could be a pause before prices turn lower. In contrast, this could be the beginning of another bullish move breaking recent highs on its way to a “Santa Claus” rally. My stance is neutral at this point in time; S&P 1200 should offer significant overhead resistance while S&P 1170 / 50 period moving average is near term support. The chart listed below illustrates these key levels:

S&P 500

If price were to break out above S&P 1200 on strong volume, it is likely that we will see a retest of the recent highs around the 1220 area. Consequently, if price tests the S&P 1170 area and fails price will likely be magnetized to the 1140-1150 area. We will have our answers in due time, but until a definite direction is known, patience is warranted.


Treasuries

As discussed in my previous article, the ProShares Ultra Short 20+ year treasury ETF (TBT) bounced off of the 36 level and put on a short lived rally only to settle toward the bottom 1/3 of its recent price range. After the recent breakout, it would be constructive to see TBT consolidate before confirming a direction. The chart below shows the key levels on TBT:

U.S. Dollar

Instead of illustrating a gold chart, let us focus our attention on the U.S. Dollar Index. The chart below shows the dollar has pulled back and is now testing the 50 period moving average. I am anticipating a retest of the recent breakout over double tops and this key level is illustrated below. If support holds firm, higher prices for the U.S. Dollar in the near term will be likely.

The Contrarian Trade

Thursday’s price action in the S&P 500 offers a great example of the power of options, which are traditionally overlooked by most equity traders or investors. While I did not personally enter this trade, I did enter a short position with tight stops around the S&P 1197 level using futures contracts for a short term trade. I was looking for a short term decline which we subsequently received in the aftermarket and my limit orders were triggered.

The option trade that I discussed with one of my trading buddies and mentor, involved getting short Apple (AAPL) when its price was around $309.50/share. While I did not place this trade as I felt I had plenty of short side exposure via my e-mini futures position, the trade would have worked quite well. So the trade listed below is not a recommendation, but an illustration of how options can be a contrarian traders’ best friend.

AAPL has been trading in the $300 – $320 per share range for several weeks having broken out above $320 only to be smacked down into the range. During the recent selloff, AAPL crossed down through the $300 level only to encounter strong buying that pushed it above the key $300 area by the close of trade that day. Thursday’s rally had AAPL trading above $309.50/share and the 20 period moving average was right around the 310 level as can be seen from the chart below.

The 20 period moving average provides an adept option trader with a key level which he/she can define the risk of a short position using options. Through the utilization of a contingent stop based on AAPL’s stock price, a trader using this setup could place a stop around the $311.25 area to define their ultimate risk. As of Thursday, the AAPL weekly options that expire November 26 began trading.

The trade listed below is a put debit spread:

Buy 1 AAPL Nov. 26 310 Weekly Put – $5.00 / contract based on Thursday’s close
Sell 1 AAPL Nov. 26 300 Weekly Put – $1.47 / contract based on Thursday’s close

AAPL stock closed around $308.43 / Share

The profitability chart reflecting this trade is below:

The maximum risk this trade has per leg was around $350, however through the use of the contingent stop around $311.25, the risk per leg is around $150. The maximum gain would be $650 per leg if at expiration in one week AAPL was trading below $300/share. In the first hour of trading, AAPL sold off below $306 per share. If an option trader had more than one contract on, he/she could take partial profits and place a stop at the entry price insuring a winning trade and allowing room for the trade to run.

Obviously the trader may want to adjust his/her stop based on market conditions, but this is simply an example of what can be accomplished with options. Once the trader understands how to determine the risk that an option trade assumes, he/she can build trade constructions to fit nearly any trading style or strategy. For a contrarian trader, options offer an unbelievable opportunity to mitigate risk and maximize profits. Learning how to trade options does take time and effort, but the potential returns options offer when they are used appropriately are unparalleled.

Get more great articles like this, by going here.

Disclosure: Clicking on this link and signing up for the service results in a small compensation to yours truly at not additional cost to the consumer

MarketWatch engages in Federal Reserve propaganda

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This is pretty sad considering who owns the website:

Then there is this:

Gold has become highly prized bling, as anxious and astute buyers alike, from hedge-fund players to central bankers, flock to the “currency of fear.” Gold at around $1,400 an ounce is almost double what it commanded two years ago, and gold’s price is up almost 25% so far this year alone.

It’s been a great ride. Except gold is a bad investment.

Gold’s feverish run has made a lot of people a lot of money, and though the rally has taken a breather in the last few days, there’s no shortage of flag-waving supporters who claim gold is on a march to $1,600, $1,800, $2,000 and beyond. After all, gold is still well below its 1980 peak, when it was worth around $2,300 an ounce in today’s dollars.

….and this:

“Mercury poisoning,” is the answer from Barry Ritholtz, the very outspoken CEO and director of equity research at Fusion IQ, when asked where Zoellick’s idea might have come from.

Zoellick, also a former Treasury official in the Reagan administration and managing director at Goldman Sachs, made his suggestion in an op-ed in the Financial Times last Sunday, just days ahead of the Group of 20 major countries meeting in Seoul.

The suggestion was made to world leaders in order to address “global imbalances,” the diplomatic expression being used to refer to the impact of China’s vastly undervalued renminbi on other countries’ competitiveness.

All of the above is pure garbage. Gold is a hedge against inflation and the dollar. Do not listen to the Statists who want to seize all of the gold and give you a worthless dollar.

By the way, here is some SOUND investment advice pertaining to Gold:

There have been some major trend changes recently and it looks as though more investments are about to follow. The real question though is… Are You Ready To Take Advantage Of It?

It has been an exciting ride to say the least with the equities and metals bull market and the plummeting dollar. But it looks as though their time is up, or at least for a few weeks. Traders and investors will slowly pull money off the table to lock in gains or cut losses and re-evaluate the overall market condition before stepping back up to the plate and taking another swing.

Below are a few charts showing some possible money making trade ideas in the weeks ahead.

TBT 20+ Treasury Note Inverse Fund

This fund moves inverse to the price of the 20yr T.N’s also known as bonds. Looking at the chart you can see the recent reversal which took place. We had a great entry point shortly after this reversal took place using my low risk setup strategy.

Falling bond prices are considered to have a negative impact on equities because it implies that interest rates may start rising which means more investors will pull money out of stocks and put that money into a safe interest earning investment. You will typically see bonds change direction before equities. That being said the chart below is an inverse fund, so when this bond fund goes up, it means actually indicates bond yields are falling. I will admit these inverse funds really throw my brain for a loop at time… I prefer the good old days, buying long and selling short… so simple and clean… —- Read the rest Here

I ask you, go read the rest of that; listen to people, like the man at this link, who want to see you make and keep your money. Not force you to trust in an unsound money system, like the United States Dollar.  If you are not interested in FTS’s and would to buy actual Gold, then try this link here.

In fact, here is a video that explain why you should own Gold and Silver:

Is it not just good common sense to have a backup plan? Do not delay, invest in Gold and Silver today.

Please Note: In the interest of full disclosure — There are links in this blog posted that if click on and product bought or signed up for, will result in the compensation of myself. This will come with no price increase to the customer at all.  Think of it, as an easy way to support this blog and yours truly.


Stock Trading Advice: SPX’s Running Correction, Gold’s Setup, Oil Explodes!

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The financial markets continue to climb the wall of worry on the back of more Fed Quantitative Easing. Those trying to pick a top in this choppy bull market may prove to be correct for a couple hours but over time the shorts continue to get clobbered.

Quantitative easing was enough to turn gold back up and gave oil just enough of a nudge to breakout of its cup and handle pattern explained later.

The past few weeks the number of emails I receive on a daily basis about what individuals should do about short positions they took on their own has growing quickly. Usually when my inbox starts to fill up with traders holding heavy losses trying to pick a top I know something big is about to happen and its not going to be in the favor of the herd (everyone shorting). In the past couple week there have been some great entry points for the broad market whether its to buy the SP500, Dow, NASDAQ or Russell 2K. I focus on trading with the trend and entering on extreme sentiment readings as shown in the chart below.

Extreme Trend Trading Analysis

Below are my main market sentiment indicators for helping to time short term tops and bottoms. That being said I don’t pick short term tops in hopes to profit on the down side. Rather I wait for a extreme sentiment bottom to be put in place, then enter long with the up trend (Buy Low).

Once there is a 1-2% surge in price and sentiment indicators are showing a short term top I like to pull a little money off the table to lock in some profits while still holding a core position (Sell High). This is exactly what I/subscribers have done over the last couple weeks. This is a simple yet highly effective strategy and works just as well in a down trend except I focus on shorting extreme sentiment bounces. Subscribers know what these indicators are as I cover them each week in my daily pre-market trading videos as we prepare for the day ahead. —- Read The Rest Here

Video: Rick Santelli on what the Tea Party means to him

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Via OUR LIVES, OUR FORTUNES & OUR SACRED HONOR:

President Barack Obama delivers the President’s weekly address

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Transcript Via The White House:

Remarks of President Barack Obama

Weekly Address

The White House

November 6, 2010

This week, Americans across the country cast their votes and made their voices heard. And your message was clear.

You’re rightly frustrated with the pace of our economic recovery. So am I.

You’re fed up with partisan politics and want results. I do too.

So I congratulate all of this week’s winners – Republicans, Democrats, and Independents. But now, the campaign season is over. And it’s time to focus on our shared responsibilities to work together and deliver those results: speeding up our economic recovery, creating jobs, and strengthening the middle class so that the American Dream feels like it’s back within reach.

That’s why I’ve asked to sit down soon with leaders of both parties so that we can have an extended discussion about what we can do together to move this country forward.

And over the next few weeks, we’re going to have a chance to work together in the brief upcoming session of Congress.

Here’s why this lame duck session is so important. Early in the last decade, President Bush and Congress enacted a series of tax cuts that were designed to expire at the end of this year.

What that means is, if Congress doesn’t act by New Year’s Eve, middle-class families will see their taxes go up starting on New Year’s Day.

But the last thing we should do is raise taxes on middle-class families. For the past decade, they saw their costs rise, their incomes fall, and too many jobs go overseas. They’re the ones bearing the brunt of the recession. They’re the ones having trouble making ends meet. They are the ones who need relief right now.

So something’s got to be done. And I believe there’s room for us to compromise and get it done together.

Let’s start where we agree. All of us want certainty for middle-class Americans. None of us want them to wake up on January 1st with a higher tax bill. That’s why I believe we should permanently extend the Bush tax cuts for all families making less than $250,000 a year. That’s 98 percent of the American people.

We also agree on the need to start cutting spending and bringing down our deficit. That’s going to require everyone to make some tough choices. In fact, if Congress were to implement my proposal to freeze non-security discretionary spending for three years, it would bring this spending down to its lowest level as share of the economy in 50 years.

But at a time when we are going to ask folks across the board to make such difficult sacrifices, I don’t see how we can afford to borrow an additional $700 billion from other countries to make all the Bush tax cuts permanent, even for the wealthiest 2 percent of Americans. We’d be digging ourselves into an even deeper fiscal hole and passing the burden on to our children.

I recognize that both parties are going to have to work together and compromise to get something done here. But I want to make my priorities clear from the start. One: middle class families need permanent tax relief. And two: I believe we can’t afford to borrow and spend another $700 billion on permanent tax cuts for millionaires and billionaires.

There are new public servants in Washington, but we still face the same challenges. And you made it clear that it’s time for results. This a great opportunity to show everyone that we got the message and that we’re willing, in this post-election season, to come together and do what’s best for the country we all love.

Thanks.

Video: The Southern Avenger on ‘Mismeasure of a Conservative’

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Transcript Here

Watch all of the Southern Avenger’s Videos by going here.

Video: Gold and Silver Manipulation Exposed by GATA

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An interesting video:

Get this DVD by clicking here

Invest in Silver and Gold, by Clicking Here

Video: When you have lost the Home Depot Crowd, you have lost America

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A nice three in a row from the founder of …..Home Depot.

Quite bluntly — if you have lost this man and the people that frequents his stores; you are toast.

The Videos: (H/T to HotAir.com)

I can tell you right now; Obama is not getting elected in 2012; it is over for the “Hope and Change” era. Over quicker than it started.

Now, I await two things; one, I await for some identity politics ogre, to start carping about how this man is just some angry white racist bigot. Second, I await some liberal to say that this guy is just some angry rich white businessman. Well, let me be the first to tell you all something here. I happen to know a little about the crowd, who hangs around Hope Depot.

Contrary to what some might actually believe. The good majority of the people who buy products at Home Dept are the people; that are commonly known as the backbone of America in this globalist age —- Small Business owners; and the Obama Administration, with the sun-setting of the Bush tax cuts — is basically targeting that group of people. Granted, not all business owners make that kind of money. However there are those that do, and they usually have employees and when taxes increase on those people, sometimes, especially with the smaller businesses; employees have to be laid off, because the “overhead” is just too much of burden on those business people. This should be just common sense, but when you are dealing with socialist left, common sense tends to run in short supply. When you let someone go like that, that causes the said person to not be able to spend money to contribute to the economy; which hurts the service industry, and so on. Not to mention the fact that that person will have problems paying his bills.  It is a vicious cycle and it gets worse as the cycle progresses.

You see, that is one thing that I have been trying to make clear here; and I guess I will just have to say it — most likely again. I am sure I have written here in the past. Anyhow, I do not write on this blog to defend the multi-billion dollar companies. They do not need my help; they have their P.R. companies and such. I write for the small business owner and the working man, who decides to go into business for himself; painting walls, building kitchens or whatever sort of trade that he desires to do; like driving a truck or whatever. Those people should be helped, not targeted for taxes and other such stupidity that the socialist left tries to cook up. Like it or not, my friends — but the small business owner and their businesses are the backbone of America. Yes, sure, General Motors, Ford, and Chrysler have their place, as do every other big business. However, it is the small business owner, the entrepreneur that embodies the true Spirit of America.  That is who I defend and will continue to here on this blog.

The blog is, and will always be — the Blog of the working man. Not the rich man — but those who work for themselves.

A song in tribute to whom I write for:

The Taste of Success!

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Recession? What Recession?

There might be one; but I’m not participating in it. 😀

Since the last time that Google Adsense sent me a check. This Blog has made $217.83 as of today. Recently, I received a payment of $179.25. I know what some of your thinking. You are most likely snickering at the amount. 😛

To be quite honest, that is pretty darned good for a newer Blog and a Political one for that matter. Not to mention a Conservative Blog that is totally independent and not affiliated with any sort of special interest group and one that has not done any real advertising.

My Hosting provider; Ryan Yaple, of EWF Media will be getting a PayPal payment from me for giving me the hosting for all this time. Just as soon as it is released to me, to transfer it to him. 🙄 Funny how slow that is.

One of the biggest and greatest rules of success in small business or in building a business; is celebrating one’s accomplishments. Even the small ones.

So, I did. I drove over to the local Meijer’s here in my local city and bought me a nice whole round, boneless steak. I went out back and fired up Dad’s grill and this was the result:

steak001

(Click the picture to make the Photo Bigger)

Another shot:

steak002

In case you cannot tell, that is two different pieces of steak there, and not one big one. Yes, I ate it all and yes, it was quite tasty. 😀

The real awesome part about all of this is this; I did not need the Government to give me a hand out to achieve all this. I did it all by myself. (With the help of a good friend of mine as well…) I earned the money from the advertisements the right way and not though scams or deceptions. All Because I dared to put up a Blog that criticizes the socialist politics of the B. Hussein Obama Administration.

A Round of Thank You’s

Again, A big thank you to my hosting provider, Ryan Yaple of EWF Media, who hails from Brighton, Michigan. Who felt sorry for me; when I got jerked around by a guy who thought it would be cool to take my money and then renege on a verbal agreement. Ryan, again, I will say it. You are the best that America has young man. That money will be in your hands, just as soon PayPal lets me have it! 🙄 😉 😀 😆

Another Big thank you is to my faithful readers; you know who you are. I see the site numbers and I see who reads what. Thank you for clicking the banner ads. Every little bit helps. Please note, that there is a PayPal donation button on here; it is on the right, at the top. Also, please note, that I have 3 ad spots on BlogAds. and 4 ad spots on Project Wonderful. Please, keep up your readership, and tell your friends about this site!

To the restoration of Conservatism in America!

-Pat