Friday, April 2, 2010

What is healthcare reform? I don't think this is it

An open letter regarding Obama's most recent achievements...

Additionally to saving american business "3000%" as Obama repeated...I can only see companies writing down $1 billion here $150 million there, $100 million over there...Somehow, I do not think that is going to create jobs or improve healthcare.

These guys [Politicians and regulators] are liars and they are stealing from us to pay the banks...no wonder the Fed/Treasury is responsible for overseeing the Healthcare reforms. They can't regulate banks, only steal from and lie to American's and now that's not enough.

If we ever needed an excuse for a national ID card this is it.

Wowza!!!
Senator Bayh,
As a practicing physician I have major concerns with the healthcare bill before Congress. I actually have read the bill and am shocked by the brazenness of the government's proposed involvement in the patient physician relationship. The very idea that the government will dictate and ration patient care is dangerous and certainly not helpful in designing a healthcare system that works for all. Every physician I work with agrees that we need to fix our healthcare system, but the proposed bills currently making their way through congress will be a disaster if passed.
I ask you respectfully and as a patriotic American to look at the following troubling lines that I have read in the bill. You cannot possibly believe that these proposals are in the best interests of the country and our fellow citizens.
  • Page 22 of the HC Bill: Mandates that the Govt will audit books of all employers that self insure!!
  • Page 30 Sec 123 of HC bill - THERE WILL BE A GOVT COMMITTEE that decides what treatments/benefits you get.
  • Page 29 lines 4-16 in the HC bill: YOUR HEALTH CARE IS RATIONED!!!
  • Page 42 of HC Bill:The Health Choices Commissioner will choose your HC Benefits for you. You have no choice!
  • Page 50 Section 152 in HC bill: HC will be provided to ALL non US citizens, illegal or otherwise
  • Page 58 HC Bill: Govt will have real-time access to individuals finances & a National ID Healthcard will be issued!
  • Page 59 HC Bill lines 21-24: Govt will have direct access to you ur banks accounts for elective funds transfer.
  • Page 65 Sec 164: is a payoff subsidized plan for retirees and their families in Unions & community organizations: (ACORN).
  • Page 84 Sec 203 HC bill: Govt mandates ALL benefit packages for private HC plans in the Exchange.
  • Page 85 Line 7 HC Bill: Specifications for of Benefit Levels for Plans = The Govt will ration your Healthcare!
  • Page 91 Lines 4-7 HC Bill: Govt mandates linguistic appropriate services. Example - Translation: illegal aliens.
  • Page 95 HC Bill Lines 8-18: The Govt will use groups i.e., ACORN & Americorps to sign up individuals for Govt HC plan.
  • Page 85 Line 7 HC Bill: Specifications of Benefit Levels for Plans. AARP members - your Health care WILL be rationed.
  • Page 102 Lines 12-18 HC Bill: Medicaid Eligible Individuals will be automatically enrolled in Medicaid. No choice.
  • Page 124 lines 24-25 HC: No company can sue GOVT on price fixing. No ! "judicia l review" against Govt Monopoly.
  • Page 127 Lines 1-16 HC Bill: Doctors/ American Medical Association - The Govt will tell YOU what you can make! (salary)
  • Page 145 Line 15-17: An Employer MUST auto enroll employees into public option plan. NO CHOICE!
  • Page 126 Lines 22-25: Employers MUST pay for HC for part time employees AND their families.
  • Page 149 Lines 16-24: ANY Employer with payroll 401k & above who does not provide public option pays 8% tax on all payroll.
  • Page 150 Lines 9-13: Business's with payroll btw 251k & 401k who doesn't provide public option pays 2-6% tax on all payroll.
  • Page 167 Lines 18-23: ANY individual who doesn't have acceptable HC according to Govt will be taxed 2.5% of income.
  • Page 170 Lines 1-3 HC Bill: Any NONRESIDENT Alien is exempt from individual taxes. (Americans will pay)
  • Page 195 HC Bill: Officers & employees of HC Admin (GOVT) will have access to ALL Americans finances /personal records.
  • Page 203 Line 14-15 HC: "The tax imposed under this section shall not be treated as tax" Yes, it says that!
  • Page 239 Line 14-24 HC Bill: Govt will reduce physician services for Medicaid Seniors, low income and poor are affected.
  • Page 241 Line 6-8 HC Bill: Doctors, doesn't matter what specialty you have, you'll all be paid the same!
  • Page 25! 3 Line 1 0-18: Govt sets value of Doctor's time, proffession, judgment etc. Literally value of humans.
  • Page 265 Sec 1131: Govt mandates & controls productivity for private HC industries.
  • Page 268 Sec 1141: Federal Govt regulates rental & purchase of power driven wheelchairs.
  • Page 272 SEC. 1145: TREATMENT OF CERTAIN CANCER HOSPITALS - Cancer patients - welcome to rationing!
  • Page 280 Sec 1151: The Govt will penalize hospitals for whatever Govt deems preventable re-admissions.
  • Page 298 Lines 9-11: Doctors, treat a patient during initial admission that results in a re-admission -Govt will penalize you.
  • Page 317 L 13-20: PROHIBITION on ownership/investment. Govt tells Doctors what/how much they can own!
  • Page 317-318 lines 21-25, 1-3: PROHIBITION on expansion- Govt is mandating hospitals cannot expand.
  • Page 321 2-13: Hospitals have opportunity to apply for exception BUT community input is required. Can u say ACORN?!!
  • Page 335 L 16-25 Pg 336-339: Govt mandates establishment of outcome based measures. HC the way they want. Rationing.
  • Page 341 Lines 3-9: Govt has authority to disqualify Medicare Advance Plans, HMOs, etc. Forcing people into Govt plan.
  • Page 354 Sec 1177: Govt will RESTRICT enrollment of Special needs people! Unbelievable!
  • Page 379 Sec 1191: Govt creates mor! e bureau cracy - Tele-health Advisory Comittee. Can you say HC by phone?
  • Page 425 Lines 4-12: Govt mandates Advance Care Planning Consult. Think Senior Citizens end of life patients.
  • Page 425 Lines 17-19: Govt will instruct & consult regarding living wills, durable powers of attorney. Mandatory!
  • Page 425 Lines 22-25, 426 Lines 1-3: Govt provides approved list of end of life resources, guiding you in death. (assisted suicide)
  • Page 427 Lines 15-24: Govt mandates program for orders for end of life. The Govt has a say in how your life ends.
  • Page 429 Lines 1-9: An "advanced care planning consultant" will be used frequently as patients health deteriorates.
  • Page 429 Lines 10-12: "advanced care consultation" may include an ORDER for end of life plans. AN ORDER from GOVT!
  • Page 429 Lines 13-25: The govt will specify which Doctors can write an end of life order.
  • Page 430 Lines 11-15: The Govt will decide what level of treatment you will have at end of life!
  • Page 469: Community Based Home Medical Services = Non profit organizations. Hello, ACORN Medical Services here!!?
  • Page 472 Lines 14-17: PAYMENT TO COMMUNITY-BASED ORIGINATION. 1 monthly payment 2 a community-based organization. Like ACORN?
  • Page 489 Sec 1308: The Govt will cover Marriage & Family therapy. Which means they will insert Govt into your marriage.
  • Page 494-498: Govt will cover Mental Health Services including defining, creating, rationing those services.
Senator, I guarantee that I personally will do everything possible to inform patients and my fellow physicians about the dangers of the proposed bills you and your colleagues are debating.
Furthermore, If you vote for a bill that enforces socialized medicine on the country and destroys the doctor/patient relationship, I will do everything in my power to make sure you lose your job in the next election.
Respectfully,

Stephen E Fraser MD

What highschool did this congressman fail

SP500 RVS system inception to present

Below is the SPY system trading since its inception in 1993...average capital allocation per trade is $40,000

Thursday, April 1, 2010

TF 30 minute system closes with a nice profit

Nothing like a little heat on a trade though.

TF 30 minute RVS System update

Interesting interview with Bill Fleckenstein

The Federal Reserve is Public Enemy #1 with Bill Fleckenstein

SSO 30 minute system position update


M3 Analytics and Breakpoint Trades Webinar Rescheduled


We have received an overwhelming response for this webinar, especially in over the last few hours and have had to make changes to the software that we are using to implement the event due to the number of registrants. We were simply not prepared technically to handle the number of people who registered - BUT WE WILL BE.
Additionally, given the holidays mean that a lot of people will be traveling on Thursday and Friday we have rescheduled the webinar for Tuesday, April 6th, 2010 at 4:30 pm. We sincerely apologize if this causes any inconvenience...We know that you may have scheduled time for the event and we appreciate that. So, we will have a free gift for all those who attend the rescheduled event. The webinar URL is below and will be the same for the event on Tuesday.
We look forward to seeing you there! Have a great holiday weekend.
Event: M3 Analytics and Breakpoint Trades Webinar (Free)

Date:  This has been moved to April 06, 2010 from 4:30 PM - 5:30 PM (ET)

Wednesday, March 31, 2010

Tuesday, March 30, 2010

TF 30 minute RVS System


Remember there is a webinar on Thursday at 4:30 pm...please register:
Register for M3 Analytics and Breakpoint Trades Webinar on Eventbrite

SSO 30 minute System another nice trade today

GoldmanTax...I mean sachs...and the EURO

First, on March 12,  they recommend buying the euro at around 1.38 with a stop at 1.35 (I presume that means they were shorting) then they recommend selling the EURO short at 1.34 with a stop at 1.35 (I presume that means they were buying)...last night Goldman made their money and anyone who listens to their research got what they deserved for doing business with BlankMadoff-fein. 


Is this crap ever going to stop.


Here is the buy call March 12, 2010
Combining these factors, we think EUR/$ has the potential to rally from here towards our 3mth forecast of 1.45. We would go long with a stop on a 1-day close below 1.35.

Here is the short call March 24, 2010
The probable close today below 1.3430 should herald a fresh leg of weakness following 7 weeks of 1.3430/1.3840 action . Whilst positioning was light 24 hours ago we have seen it build sharply in the past few hours  but this does not feel like a crowded trade . We are playing this from the short side and would look upon a rally back to 1.3420 as a selling opportunity. Stop can be placed above 1.3500 . Its hard to know how far this move can extend but a target of 1.3100

Please Attend our upcoming webinar...

The event will be archived if you can not attend. If you register you will automatically get access to the archived webinar video.

A discussion of the Breakpoint and M3 synergy. Training session and trading examples for some of m3 analytics for Tradestation and Multicharts available in the BPT store...and examples of what is to come.

Also we will be presenting some key features of Multicharts and reasons that we are excited about working with the platform.
Also, we will be discussing the new features/trading systems that will be available for via "BPT System Notification." We will also be discussing what the system notification functionality is and how it will work.

We are planning regularly scheduled webinars so that we can stay in touch with you. 


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