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Short-Term Key: Negative
Long-Term Key: +54

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Inside this week's update..
***** The power of false assumptions.
***** Congress and the Fed – choosing the least damaging solution.
***** What to own until the banking crisis ends, and after.
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My old college logic professor once included in a lecture a story about Bertrand Russell, the late Nobel Prize winner and master logician. Russell, according to the story, once said, “Grant me one false assumption, and I can prove anything.”

A listener then responded by asking Russell, “Okay, assuming 1 + 1 = 1, prove to me that you and the Pope are the same.”Read more...