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“The Most Brutal Campaign Video

Evah”

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Gingrich’s “When Mitt Romney came to Town” video is biased, loaded without out of context quotes, and is a rocket aimed right at the heart of the real suffering  of white working class Americans.

The Gingrich video is an emotional bludgeon that hammers the viewer over the head with Romney’s absolutely amoral lust for power and wealth

It’s devastating  and effective on all but hard core ideologues.

See the film here the 30 second S. Carolina add here and a more complete review from - The Moderate Voice.

Bottom Line – Romney has the money and therefore the nomination.  If adds about this video saturation bomb S Carolina like Romney’s negatives did Iowa it will cost him the state, even though he is chosen one by both Wall Street and Fox news.
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Obviously, Intense pressure on Gingrich to retreat on this add from Wall Street and Fox news.  But cat is out of hat.
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This two minute video by the DNC. shows some of what their adds will be like in this election. The Dems will saturation bomb this video or their version though their Super PACS and they now have Republican views to back them up.
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This is November election gold for Democrats. The election could very well become about who  is Mitt Romney?
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Can you trust him? Will Bain open its books for auditing? Will Romney keep hiding his tax returns? (even Sarah Palin is piling on)  Did he cause suffering? Romney is very vulnerable to this because he  has taken three sides to every position.
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Caution - For gleeful Obama fans. Romney is no dummy, he had to see this coming. The obvious counter is to put those who work of Bain and their companies that did not go out of business on the air and say he saved my job.
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Obama’s Ace in the hole – Obama saved millions of jobs (tore it down built it up) in the auto and related industries.
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The Big difference-
Obama did it for Americans  and NOT personal gain.


Thanks to Popeye who first brought this up and view the discussion on it in the comment section of the blog.
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STOCKS

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Wall Street Bull and OWS Symbol

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  • JPM  is the #1 story today – Spin on CNBC is mild disappointment in JPM. In line expectations and slightly below on revenues. Most companies beat earnings expectations.
  • Our #1 technical forecasting tool, the McCellan Oscillator (MO)was basically flat at to +52,23 . 50DMA at +0.26(for more see  STRATEGY link at top of blog)NEUTRAL/BEARISH
  • Massive drop in Italian bonds has held, At 7:00AM Bond is below 6.5% = Very Bullish
  • I personally  have an option combination positions in both GS and JPM. For more see  LINK (scroll down to comments section).  JPM is down @2.5 % at 7:30 AM.

  • Hopefully the 2012 Outlook will get done this weekend.

  • Italy stabilizing at 6.5% (good news) vs JMP’s disappointment balance each other. Every time the market has dropped over last couple weeks, buyers have appeared.

Overnight Data From Europe

Germany’s DAX

Italian 10 year bond

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Longer Term Outlook

3 months+

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CAUTIOUSLY BULLISH

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AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS.



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