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Welcome 2012 (The Predictions)

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There’s something symmetric about this year’s number “2012” isn’t there?  February 2nd, 12th, 20th and 22nd and December 2nd, 12th, 20th, and 22nd are going to be kind of cool for numbers geeks looking for auspicious dates upon which to get married or receive ass tattoos, perhaps.   Maybe the Mayans will come through with a nice atmosphere sucking asteroid strike on one of those days as well?   That would be special, no?

Anyway, without much further ado, I will set forth some of my predictions for the next 365 days, should we get all of them…

  • The Giants will luck their way into the playoffs thanks to the incompetence of the 2011 NFC East, and because God wants to punish the Ryan Brothers.  They will lose in the first round to the far more deserving Atlanta Flackons (sic).
  • Jerry Jones will publicly admonish, but keep his Ginger Head Coach, Jason Garrett.
  • Rick Santorum will come in second to Mitt Romney in the Iowa Caucuses, and then gain enough momentum to place a distant second to Romney in New Hampshire.
  • Santorum wins in a tight race in South Carolina, prompting Romney to offer him the Veep slot two months prior to the convention in order to lock down the wary evangelical vote.
  • Tim Pawlenty’s head explodes simultaneous with Pat Robertson’s.  Pawlenty for “woulda shoulda coulda”  because he dropped out too early,  and Robertson upon realizing the GOP is running a Mormon-Catholic ticket.
  • The New Orleans Saints win the Superbowl over the New England Patriots in Indianapolis.
  • Indianapolis (Colts) take Andrew Luck with the first round pick and keep Peyton Manning… for now.
  • The U.S. dollar peaks at $81.50 on the DX-Y Index, and proceeds to break down below the April ’08 lows (sub- $72.00) by September.
  • Gold breaks $2,000.00 by April, followed by Silver breaking its old highs in May.
  • With the drop in the dollar, and the prospect of the end of the Obama Error, the market goes dipschit, peaking at 14,000 in the Dow and 1700 on the S&P before everyone realizes we’re running on fumes, and we sell off after the 2012 elections.
  • The 2012 Presidential Election if one of the nastiest on record.  Obama drops his class warfare rhetoric as a losing strategy and takes on the First Victim status.  David Axelrod wheels out mystery women on Mitt Romney and the Veep candidate (presumably, Santorum).
  • Sarah Palin is a lighting rod, playing the black hat for the GOP, pointing out every government takeover and socialist move passed over the last five years (including the last two years of the Bush Administration).  Obamacare will become a millstone on the President’s neck as more unintended consequences arise, and the forced coverage purchase laws are declared un-Constitutional.
  • The Euro stays a viable currency, but Greece, Spain and Portugal drop out of the union.   Italy’s and Ireland’s banking system are saved by British and German investors and stays in the European Union with new manacles.
  • President Obama becomes increasingly disassociated with his re-election and by the time he loses to Romney in November, he will have convinced himself — and his true believers — that he will be a more effective member of the Democrat party out of office.
  • Romney’s acceptance speech will be affable and conciliatory, hoping to mend the divisiveness of the past six years.  Neither the Tea Party nor the Hard Left will be very happy about the results
  • Besides UPS, my best picks of the year will be COP, MON, AG, RGLD, DE and PBR.

And now, the kickoff!   Happy New Year and Geauuuuux Giants!

     

     

     

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    A Gas Giant From Way Back

    LM70
    Leonard Marshall (#70) Disposes of Joe Montana
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    It’s been a long while since I’ve talked about Chesapeake Energy Corporation [[CHK]] , but as I’ve stated, I think 2010 will be the year of the gas giants.

    As you can see on this weekly chart, CHK is starting to break out into some free-air territory after a long way back from it’s CEO-stock liquidating days back in the Dark Times (ie, December of ’08, a bit more than a year ago).

    chk-wk

    In my “best of all world’s” scenario, I’d like to see CHK break through 30 with some volume, here, perhaps after a short pullback or consolidation. Barring that, I’d like to buy at a retest of $30 itself, which is the beginning of my free air scenario. As you can see, this thing has a lot of room to run, so I’m not going to feel badly about missing the first buck or two.

    I also like ConocoPhillips [[COP]] , Apache Corporation [[APA]] and NGAS Resources, Inc. [[NGAS]] here, under the same cautious parameters. [[UUP]] is holding fast here at that $22.90, so all theses continue to hold true.

    Best to you all.

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