"SIDEWAYS"

                                                      "THAT'S JUST MY OPINION" - VOL. - 41
"Gonna get a little bit sideways" - recorded by Dierks Bentley released in on 03- 02 - 2009.
Where did the DOW close on December 31st, 2009? Answer 10,428!!!
Where did the DOW close on Friday? Answer 16,323.05!!!!!!!!!!!!!!!!!
So what is happening - this market is going a "little bit sideways" Let's look at the last 2 weeks!!!
2 weeks ago - the DOW high was 16,460.33.
The low was 16,046.99.
This week the DOW high was 16,466.04.
The low was 16,191.79!
Do you see what I see?
HIGHER HIGH'S AND LOWER LOW'S!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
As a chart person - when you see this action there is only one conclusion!!!!!
THIS MARKET IS GOING HIGHER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
So what will be the catalyst going forward???
IN LATE APRIL AND EARLY MAY _ WE WILL HAVE COMPANIES REPORTING EARNINGS!!!
MOST EARNINGS WILL BEAT THE STREET EXPECTATIONS!!!!
SPINOFFS - THERE ARE 34 COMPANIES SPINNING OFF DIVISIONS!!!
THAT WILL BE HUGE FOR INVESTOR RETURNS 14 MONTHS FROM NOW!!!!
I'LL GIVE YOU JUST ONE EXAMPLE:
GE has a pending spinoff of part of its GE Capital Financial Unit!!!
This spinoff will be handled through an IPO of its consumer lending business. The offering of the companies leanding unit, which will be called SYNCHRONY FINANCIAL is sheduled to take place later in 2014.
The IPO could raise as much as $27 BILLION!!!!!!
According to Marc Courtenay a writer for the "THE STREET"
Other companies doing spinoffs include TWX, OXY, KMB, DD, HES,CHK, SLM, PFE JUST TO NAME A FEW!!!!!
Believe me - THERE ARE MORE TO COME!!!!!!
THEY WILL ALL UNLEASH ENORMOUS SHARE HOLDER WEALTH!!!
WHY??
ANALYST'S CANNOT FIGURE OUT CORPORATE PROFITS WITH THESE SPINOFFS UNDER THE UMBRELLA OF THEIR ORIGINAL COMPANIES - ITS TOO HARD!!!!
YOU WILL SEE WHAT I MEAN 14 MONTHS FROM NOW!!!!
\"SIDEWAYS" - LOOK AT THE ROTATION GOING ON IN THE MARKET - OUT OF BIOTECH INTO ENERGY.
THERE IS A LOGICAL REASON - BIOTECH HAS BEEN ON FIRE FOR OVER 14 MONTHS!!
ENERGY HAS BEEN A DOG - MAKES SENSE TO ME!!!
NOW LET'S LOOK AT LAST WEEK'S ACTION!!
THE DOW CLOSED @ 16,323.05 or up 20.29 or up 0.12%
REMEMBER WHAT I TOLD YOU ON THE LAST BLOG!!
THIS IS NOT A SPRINT-IT'S IS LONG TERM THINKING!!!
DIS closed @ $78.99 or down $1.36 or down 1.69%
Remember winter will finally end!!!
All of you that live up north and have children and have cabin fever- ROAD TRIP!!!!
ORLANDO - DISNEY LAND!!!!
NKE closed @ $73.54 or down $1.67 or down 2.22%
We are coming up to the World Cup in Brazil!
New soccer shoes - New uniforms for the NFL - THIS STOCK IS A STEAL!!!!
AIG closed @ $49.88 or down 0.14 cents or down 0.28%
ITS NET VALUE IS OVER $58!!!!
ANOTHER STEAL!!!!
SD closed @ $ 6.27 or down 0.18 cents or down 2.79%
WAIT - THIS STOCK WILL BE A TAKEOVER!!! - STAY TUNED!!!!
MU closed @ $ 21.91 or down $1.75 or down 7.40%
ANY LOWER - THIS IS ANOTHER TAKE OVER TARGET!!!!
MAYBE AAPL - WE WILL SEE!!!!
RIG - closed @ $ 41.19 or up 0.79 cents or up 1.96%
This stock will hit over $ 60 by the end of the year!!!
Stay tuned!!!
JCI - closed @ $46.55 or down 0.46 cents or down 0.98%
THIS STOCK NEEDS TO SPIN _OFF AT LEAST 2 UNITS!!!
Stay Tuned!!!
FDML - closed @ $ 18.22 or up 0.90 cents or up 5.20%
CHK closed @ $ 25.67 or up $1.00 or up 4.05%
SPIN-OFF COMING!!!
Stay Tuned!!!

Have a good week!!!
Len Dwelle
lendwelle@hotmail.com