Never being a conspiracy theorist...i always thought they were fun but i also felt they were exercises in attempted elitism by the believer. The idea is that they know something that no one else does making them feel for lack of a better word...special. Well i am beginning to wonder and wonder out loud whether there is some truth somewhere in here. Take a look at these two stock charts. The one above is Smith & Wesson. The one below is Sturm Roger and Co. Its the only stock on the NYSE at 52 week highs.



The company makes firearms and revolvers. Does this say something about what is really happening here.
And what about Washington? I am beginning to believe that the Obama administration has but one goal in mind and that is to bring the financial markets and the economy to its knees. Get things so bad that only government can rescue us. Is this an attempt by the left to gain complete control of our economic lives by simply using the circumstances to destroy the capitalist system and replace it with a government controlled slave state? Sounds nuts? The dow just broke 6500 and 15 of the 30 dow stocks have broken below their November lows. Most dow stocks are now selling for toddler handles or even less in the case of Citigroup.

Louise Yamada is looking at 4000 on the dow and 400 on the S&P. I am beginning to think she is right and it may be at least 1 or 2 generations before we ever see new highs again. We may all be dead by then. Makes you wonder when gun and weapons stocks are breaking out on the charts while everything else is breaking down.

MLP index down 7 and 163 and the down is down 115 as of this posting. But then again you really don't need me to point that out.