A critical creative look at issues of Economics, Politics and Finding a Purpose in Life - Let's talk about it. I try to leave the woodpile higher than I found it.
Friday, March 02, 2012
Dare to live with the conviction that every untapped possibility hidden within the universe that can make the world a better place isn’t hidden from you it is hidden for you. Embark on a glorious quest fit for royalty to search out and find those things awaiting your discovery of them. Dare to play a major role in shifting the prevailing belief systems of negativity, misbelief, and unbelief to the dimension of faith.
In March of 2009 I prophesied that by 2020 the price of a can of soda would rise from one dollar a can then to ten dollars per can in 2020. Inflation is coming and it will be brutal. Does anyone remember dropping a dime in a coke machine and getting a bottle of coke or seven up? I do. That wasn't that long ago. Inflation is a tax and it's right now running ahead of 10% and accelerating. Argentina is where we are headed and there will be no one to bail us out.
"Let no unwholesome word proceed from your mouth, but only such a word as is good for edification according to the need of the moment, so that it will give grace to those who hear". Ephesians 4:29
I'm not legalistic, I just think that as Christians we need to watch what we say a bit better. I have even heard it from the Pulpit. Careful saints.
I know this man from long ago. He's right on this.
On Sean Hannity’s Thursday radio show, CNBC CME Group floor reporter Rick Santelli, considered by many to be the father of the tea party movement, explained to listeners what “progressive” economics means when it comes to energy policy — high gas prices.
“Listen,” Santelli said. “I deal with economists. Progressive economists — they want $10 ...and $15 gas prices because they think they can have a windmill that will go on my ’64 Pontiac and power me downtown from the ‘burbs every day. It’s reprehensible.”
Santelli explained why energy is an important part of the vitality of the economy and a successful economy means higher energy usage.
“Our society, our culture — the greatness of America — goes hand-in-hand with energy, and our leaders need to wake up,” Santelli said. “We need energy, OK? And if they want to turn into a third-world country where there is absolutely no pollution whatsoever. And I think we need to be good to the planet, but we need to be more honest — do we want to be a superpower that uses energy and tries to do it wisely, or do we want to put our head in the sand and think that these technologies that are noble, that I have been talking about since I was in grammar school debating solar and geothermal. They’re not ready, and I think it’s just a disservice to my kids that they’re going to make energy usage such a penalty-type scenario, where we all know if you want to put GDP up, energy usage is going to go right along with it.”
On Sean Hannity’s Thursday radio show, CNBC CME Group floor reporter Rick Santelli, considered by many to be the father of the tea party movement, explained to listeners what “progressive” economics means when it comes to energy policy — high gas prices.
“Listen,” Santelli said. “I deal with economists. Progressive economists — they want $10 ...and $15 gas prices because they think they can have a windmill that will go on my ’64 Pontiac and power me downtown from the ‘burbs every day. It’s reprehensible.”
Santelli explained why energy is an important part of the vitality of the economy and a successful economy means higher energy usage.
“Our society, our culture — the greatness of America — goes hand-in-hand with energy, and our leaders need to wake up,” Santelli said. “We need energy, OK? And if they want to turn into a third-world country where there is absolutely no pollution whatsoever. And I think we need to be good to the planet, but we need to be more honest — do we want to be a superpower that uses energy and tries to do it wisely, or do we want to put our head in the sand and think that these technologies that are noble, that I have been talking about since I was in grammar school debating solar and geothermal. They’re not ready, and I think it’s just a disservice to my kids that they’re going to make energy usage such a penalty-type scenario, where we all know if you want to put GDP up, energy usage is going to go right along with it.”
It's not Dominos Pizza delivery, It's not DiGiorno, it's the Death Panel Home Delivery..coming to a country near you..... Grandma, Don't you think you've lived long enough, used up enough oxygen, and I could really use the money right now. Little Timmy is kind of a hassle, being a downs child and all, maybe this would be the best for everyone. If you think I'm kidding? read this.
It has just become easier for the Dutch to get fatal house calls. The Right to Die-NL group yesterday launched a mobile euthanasia service, the AFP reports. Six doctor-and-nurse teams will crisscross
Most of my friends are felons according to this article. You bunch need to be locked up...at least according to the nannystaters.
Do you think that you are free? Most Americans would still probably answer "yes" to that question, but is that really the case? In the film Edge of Darkness, Mel Gibson stated that "everything is illegal in Massachusetts".“He has caused three deaths Michael Scott, Orlando Jones and Chris Kelly with these gestapo type tactics that he used to try to make them tell on their friends.”
AND
No word yet on this story from the Patrick Fitzgerald fan club member Pete Andrews of Alderman Burke fame. Also, no word yet on this story from a man who's so ever grateful to Patrick Fitzgerald for the lack of a "Family Secrets Part 2 trial" : Chicago Mob Boss John "No Nose" DiFronzo. HT Newsalert.
I'm telling you, sometimes what looks like law enforcement is really the coming police state.
FREE WILLIAM BEAVERS
Aye, fight and you may die. Run, and you'll live... at least a while. And dying in your beds, many years from now, would you be willin' to trade ALL the days, from this day to that, for one chance, just one chance, to come back here and tell our enemies that they may take our lives, but they'll never take..OUR FREEDOM! ♥ Braveheart ♥
When I say, I am a Christian...
When I say, “I am a Christian”
I’m not shouting, “I’ve been saved!”
I’m whispering, “I get lost!
That’s why I chose this way”
When I say, “I am a Christian”
I don’t speak with human pride
I’m confessing that I stumble -
needing God to be my guide
When I say, “I am a Christian”
I’m not trying to be strong
I’m professing that I’m weak
and pray for strength to carry on
When I say, “I am a Christian”
I’m not bragging of success
I’m admitting that I’ve failed
and cannot ever pay the debt
When I say, “I am a Christian”
I don’t think I know it all
I submit to my confusion
asking humbly to be taught
When I say, “I am a Christian”
I’m not claiming to be perfect
My flaws are far too visible
but God believes I’m worth it
When I say, “I am a Christian”
I still feel the sting of pain
I have my share of heartache
which is why I seek His name
When I say, “I am a Christian”
I do not wish to judge
I have no authority
I only know I’m loved
Glibness isn't Intelligence, It's just GLIB
I know many people who have significant skills and abilities who will never make it if that is the test.'
This article speaks to this truth. We do this wrong.
Thursday, March 01, 2012
Why I don't believe Frum is a Conservative
Breitbart Leaves 'Poisonous' Legacy - David Frum: To speak only of the 'good' is to misunderstand him
Does North Dakota want me Back or is that Hawaii?
Here are the top 5 “happiest” states, according to the “well-being” index:
5. Alaska
Life Evaluation: No. 1
Emotional Health: No. 3
Physical Health: No. 20
Healthy Behavior: No. 14
Work Environment: No. 11
Basic Access: No. 47
.
4. Utah
Life Evaluation: No. 5
Emotional Health: No. 12
Physical Health: No. 17
Healthy Behavior: No. 6
Work Environment: No. 5
Basic Access: No. 8
.
3. Minnesota
Life Evaluation: No. 7
Emotional Health: No. 5
Physical Health: No. 1
Healthy Behavior: No. 18
Work Environment: No. 7
Basic Access: No. 2
.
2. North Dakota
Life Evaluation: No. 3
Emotional Health: No. 2
Physical Health: No. 8
Healthy Behavior: No. 33
Work Environment: No. 1
Basic Access: No. 10
1. Hawaii
Life Evaluation: No. 1
Emotional Health: No. 2
Physical Health: No. 1
Healthy Behavior: No. 4
Work Environment: No. 44
Basic Access: No. 4
birth certificate a 'forgery'
“Based on all of the evidence presented and investigated, I cannot in good faith report to you that these documents are authentic,” SheriffArpaio said. “My investigators believe that the long-form birth certificate was manufactured electronically and that it did not originate in paper format as claimed by the White House.”
Questions over Mr. Obama’s birth certificate have been a political sideshow for the last four years, and have persisted despite repeated denials by the White House, and despite the release of evidence he was born in Honolulu, Hawaii, on Aug. 4, 1961. That evidence included both a certificate of live birth released during the 2008 campaign and the long-form certificate last year.
Fact-check organizations have concluded the certificates are authentic, and Mr. Obama has joked about those who questioned his birth. At last year’s White House Correspondents Association Dinner, soon after releasing his long-form certificate, he mocked Donald Trump, who had said his own investigators were looking into the matter.
Now Sheriff Arpaio, who first built his national profile by creating tent cities for jail inmates and later by taking a tough stance on illegal immigration, could reignite questions among those who continue to believe Mr. Obama was born outside the U.S., and therefore is ineligible to be president under the Constitution’s provision that the officeholder be a natural-born citizen.
Demagoguery is when a portion of any population silently cheers when someone gets up and says what they are secretly feeling but are afraid to experss themselves. When someone sticks it to the man or to some ethnic group or class. We see this from the right and from the left. We saw this in Hitler. We are still seeing this. A demagogue will lead you further down toward perdition than you ever wanted to go. Be aware of them. They are all around you. Some are on Radio. Some write books. Some preach from pulpits. Some hold public office. Some are on TV. Be careful little eyes what you see, hear and read. They are everywhere. Think for yourself.
Liberals have successfully banished God from the classroom, replacing Him with the man-made god of secularism.
Yet in times of great tragedy, school leaders inevitably seek guidance and solace from the same God they’ve expelled. I’ve often wondered – if God is good enough for the bad times, shouldn’t He be good enough for the good times?
The Liberals hate Act of Valor. I am for sure going to go see it. IF they hate it, I will love it. I hear it's a tiny bit crude in language. OK. I can deal with that...I used to speak the dialect. BUT Navy Seals offing mullahs, what could be wrong with that???
Mark Chironna
When things aren’t working the way you anticipated and planned for, guard and protect your heart. Be watchful and alert. You need to be aware of the unhealthy tendency to accept unfair and misguided criticism about your objectives and your efforts. Don’t give in to the temptation to magnify the achievements of others while diminishing your own. Critics always have something to say, don’t join in agreement with them.
The word capitalism has become unusable. When most people hear the word capitalism, they think of the current system of collusion between business and government, collusion between business and the military and a financial system that privatizes profits and socializes losses. The technically correct name for the current system is mercantilism or fascism, but those words have long been forgotten. M...ost people now use the word capitalism to describe this kind of system. So when Christians try to defend capitalism, people read them as defending the current system, so they lose credibility. Putting the words pure, or biblical, ore free-market on the front does not help, because the meaning of the word capitalism has gone beyond the point of no return.
http://getrad2.blogspot.com/2012/02/capitalism.html
Conservative movements began looking for what they needed in a candidate rather than just looking at the available pool, who at the time, were clamoring to be chosen. Reagan was not a perfect President, but he seemed to be the perfect one for the times. Under his leadership, the nation not only emerged from its worst economic problems in half a century, but vision and hope for an even greater future were restored. It was this faith that ultimately unraveled the power of our greatest enemy—the Soviet Union. Nearly two decades of prosperity followed until the recipe for this was forgotten.
This makes me think. How would you answer the question?
If you had to trust one of these individuals to handle your personal financial affairs…
Let’s assume you’ve got complicated, extensive financial affairs. We’re talking about all your life’s savings, all the contingencies of a long retirement for you and medical care for you and your family, and all of the wealth that could be preserved for your children and grandchildren, and all that you might be able to contribute to various causes.
You have to choose one of these individuals to take care of everything:
-Newt Gingrich
-Barack Obama
-Ron Paul
-Mitt Romney
-Rick SantorumSee More
If you had to trust one of these individuals to handle your personal financial affairs…
Let’s assume you’ve got complicated, extensive financial affairs. We’re talking about all your life’s savings, all the contingencies of a long retirement for you and medical care for you and your family, and all of the wealth that could be preserved for your children and grandchildren, and all that you might be able to contribute to various causes.
You have to choose one of these individuals to take care of everything:
-Newt Gingrich
-Barack Obama
-Ron Paul
-Mitt Romney
-Rick SantorumSee More
Let's see, I'll be what 90 something then? Maybe I'll take Hezekiah's position on this: Hezekiah said to Isaiah, “The word of the Lord which you have spoken is good!” For he said, “Will there not be peace and truth at least in my days?” 2 Kings 20:19. JUST KIDDING. I have Grandkids... I hope this doesn't happen...I really do.
A 2010 study published in the Journal of College Admissions determined that homeschoolers:
• Had a higher average ACT/SAT score (26.5 vs. 25 on the ACT)
... • Had a higher freshman GPA (3.37 vs. 3.08)
• Had a higher graduation rate (66.7% vs. 57.5%)
• Had a higher average GPA at graduation (3.41 vs. 3.11)
Does this make sense? I'm puzzled. Seems out of line to me. The company still owes the USA taxpayers 28 Billion dollars. Seems like a lot of money to me.
I have always been uncomfortable with the idea that people can spend OTHER PEOPLE'S MONEY without account (Government) and then attempt to tell me how to spend mine (Obamacare). OPM is dangerous in the wrong hands. IF you have the courage to read this from Davy Crockett of 175 years ago, you will see how far down the slippery slope we have slid. And it is only getting worse. There is a strong indictment against selfishness, not by government, by individuals. Maybe there is some truth in all this that needs to be revisited.
Nearly a Billion Dollars to support the haters of Israel. This is really sick.
The real scandal is that Obama appears to have engineered the Brotherhood's ascendancy. It's no coincidence he invited the Brotherhood to his 2009 Cairo speech over the objections of Mubarak, who had outlawed the group.
When Obama made that Cairo Speech, I saw prophetically what was happening. The head of our protection was taken off. We are now naked and unashamed. The vision of what happened at Obama's speech in 2009 http://prophetgene.blogspot.com/2009/06/interpretation-of-vision-of-obama.html
From the Word of the Lord given to me for 2012
""Drugs and medicines that heretofore have been assumed to be safe and efficacious will be revealed to be a new danger. Statins. Antidepressants.
Faith in drugs as treatment will be reduced. Revelation of the corrupt combine of drug companies, Medical Professionals, Insurance companies and government will be revealed staining the reputation of all shaking faith in the system"".
http://homehomes.blogspot.com/
I can't even begin to catalog the large number of articles, releases and studies that have been released just since Jan 1 that bring into question Statins and Antidepressants. That is not a shock to me. Just Google either and you will be amazed. Disrepute.
What is a shock is an article from this morning's newspaper that reveals huge corruption in bribery of drug companies. Posted below. This is just the beginning. we are going to see more and more and more revelations.
I know no one from the medical community reads the prophetic utterances of those called, yet, there is a clarion cry out over the land that should warn all of us not to trust or rely on so called professionals who rape us not only financially but who violate our trust. God is not mocked. Will not the creator of the universe do justly? If you doubt that this isn't happening in the USA, you are dreaming. Drugs, Money and Corruption in the Medical industry is rampant.
""Drugs and medicines that heretofore have been assumed to be safe and efficacious will be revealed to be a new danger. Statins. Antidepressants.
Faith in drugs as treatment will be reduced. Revelation of the corrupt combine of drug companies, Medical Professionals, Insurance companies and government will be revealed staining the reputation of all shaking faith in the system"".
http://homehomes.blogspot.com/
I can't even begin to catalog the large number of articles, releases and studies that have been released just since Jan 1 that bring into question Statins and Antidepressants. That is not a shock to me. Just Google either and you will be amazed. Disrepute.
What is a shock is an article from this morning's newspaper that reveals huge corruption in bribery of drug companies. Posted below. This is just the beginning. we are going to see more and more and more revelations.
I know no one from the medical community reads the prophetic utterances of those called, yet, there is a clarion cry out over the land that should warn all of us not to trust or rely on so called professionals who rape us not only financially but who violate our trust. God is not mocked. Will not the creator of the universe do justly? If you doubt that this isn't happening in the USA, you are dreaming. Drugs, Money and Corruption in the Medical industry is rampant.
I know most of you don't know who he was, but this makes me sad. He was a warrior for truth. Who will pick up his mantle??
YA THINK??? WAIT, The answer to removing an infected appendix is go slow, gradual, right?? BEN!!
double the change, zero the hope
Just a reminder: if Chicago voters and politicians had their way only police officers would have guns. We hear from Chicago voters that handgun ownership is dangerous, it sure is when police have a monopoly.
President Barack Obama’s Energy secretary unwittingly created a durable GOP talking point in September 2008 when he talked to The Wall Street Journal about the benefits of having gasoline prices rise over 15 years to encourage energy efficiency.
“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”
Chu, a Nobel-winning physicist and director of the Lawrence Berkeley National Laboratory, was not yet a member of the not-yet-in-existence Obama administration. But Republican politicians and conservative pundits have seized on his words as evidence that the White House is deliberately driving gasoline prices higher — ensuring that Chu’s remarks are the energy policy sound bite that will not die.
It looks like this administration has kept it's promises about high gasoline prices. ENJOY
“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”
Chu, a Nobel-winning physicist and director of the Lawrence Berkeley National Laboratory, was not yet a member of the not-yet-in-existence Obama administration. But Republican politicians and conservative pundits have seized on his words as evidence that the White House is deliberately driving gasoline prices higher — ensuring that Chu’s remarks are the energy policy sound bite that will not die.
It looks like this administration has kept it's promises about high gasoline prices. ENJOY
IF this guy was insistent that having sex with a dog was a good idea, then why don't we just allow him to marry him, find some liberal clergyman to put hand in paw and pronounce them husband and pup. Do you take?..I do, do you take? WOOF. Slippery Slopism when gay marriage kicked in. Where to I go to get my country's sanity back??
R.I.P., Andrew Breitbart
Andrew Breitbart said he told GOP Congressmen in Washington to “stop acting like your great, great grandfather, and not be afraid of pop culture.” Breitbart believed strongly the conservative movement must engage in the culture war. “Every single pop culture arbiter,” said Breitbart, citing David Letterman, Jon Stewart, Ellen Degeneres, and others, “they rigged the game so that they win on the media.”
Killing Owls to Save Owls: You Can’t Make This Up
A 1-pound bird attributed to the demise of the logging industry some 20 years ago in the northwest part of the country is back in the news. The northern spotted owl is still struggling to survive, and the latest plan by President Obama is to shoot barred owls, a rival bird that has dominated its smaller counterpart. As with all things that come from the loony world of the Left, you just can't make this stuff up.
Tuesday, February 28, 2012
Nasty Right Wingers give BiPartisian Support..shame on them
Koch Industries: All Recipients
Among Federal Candidates, 2008 Cycle
Total: $1,618,451
Source of Funds: | |
Party Split: |
Name | Office | Total Contributions |
---|---|---|
Baucus, Max (D-MT) | Senate | $5,000 |
Johnson, Tim (D-SD) | Senate | $5,000 |
Pryor, Mark (D-AR) | Senate | $5,000 |
Obama, Barack (D-IL) | Senate | $4,300 |
Landrieu, Mary L (D-LA) | Senate | $4,000 |
Clinton, Hillary (D-NY) | Senate | $3,500 |
Lincoln, Blanche (D-AR) | Senate | $1,500 |
Harkin, Tom (D-IA) | Senate | $1,000 |
Biden, Joseph R Jr (D-DE) | Senate | $500 |
Levin, Carl (D-MI) | Senate | $500 |
METHODOLOGY: The numbers on this page are based on contributions from PACs and individuals giving $200 or more. All donations were made during the 2008 election cycle and were released by the Federal Election Commission.
Feel free to distribute or cite this material, but please credit the Center for Responsive Politics.
Koch Industries: All Recipients | OpenSecrets
From the Africa-Americans for Obama Headquarters: “A Poem of Encouragement”
I need your vote, so go tell your momma.
Because I am black,
You can count on me to watch your back.
As your president everyone will pay their fair share,
I'll take from the rich and give you good care.
With four more years I'll have no restraints,
I will not have to bow to the complaints.
All that they have will be yours,
Count on me to open the doors.
I have studied all the radicals,
You can count on me to be fanatical.
In the end there will not be much left,
I will head a big government theft.
If you don't vote for me it's a sin.
I'll take care of you and your kin.
So lets make history again!
---Vote Obama---
Thanks to my friend, Chuck, Fallout
SOMETHING TO THINK ABOUT THE ONLY THING WRONG WITH THIS CALCULATION IS THEY
FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL
SECURITY! WHERE DID THAT MONEY GO?
Remember, not only did you contribute to Social Security but your employer did too.
It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500.
If you calculate the future value of $4,500 per year (yours & your employer's contribution) at a simple 5%(less than what the government pays on the money that it borrows), after 49 years of working you'd have $892,919.98.
If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit!
If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.
The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had.
Entitlement Harumph, I paid cash for my social security insurance!!!! Just because they borrowed the money from the fund - which was promised never to happen - and never paid it back, doesn't make my benefits some kind of charity or handout!!
Congressional benefits ---- free healthcare, outrageous retirement packages, 67 paid holidays,three weeks paid vacation, unlimited paid sick days, now that's welfare, and they have the nerve to call my social security retirement entitlements?
We're "broke" and can't help our own Seniors, Veterans, Orphans, Homeless.
In the last months we have provided aid to Haiti , Chile , and Turkey . And now Pakistan ......home of bin Laden.
Literally, BILLIONS of DOLLARS!!!
They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives and now when it's time for us to collect, the government is running out of money.
Why did the government borrow from it in the first place?
Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.
Sad isn't it?
Monday, February 27, 2012
The Divine Proportion
I owe this to Bo Tidwell, brilliant work sir
I have always been fascinated by numbers. The most interesting number of all is one I encountered many years ago in my Design 101 class at Auburn University. This number is identified in the mathematics community as the Greek letter phi, expressed numerically as simply 1.618. It sounds boring enough until you learn how often and where this number keeps turning up in our lives.
Phi was used by the ancient Greeks who employed it prominently in their art and architecture. It was re-introduced to the civilized world in the early 13th century, by the Italian mathematician, Fibonacci, who stumbled upon this series of numbers while conducting a study of the reproductive cycle of rabbits! Since then it has been known variously as The Golden Mean, The Divine Proportion, or the Fibonacci sequence. This mystical ratio is prevalent in all forms of life on this planet, from the microscopic structure of our DNA to the tiny spirals of a seashell to the mind boggling swirls of a galaxy. Could this be a colossal coincidence or have we literally uncovered the intrinsic building block of the universe?
The Fibonacci numbers may sound a bit intimidating, but are actually understandable on the level of basic eighth grade math. The sequence begins with one and is constructed by continually adding the previous number in the sequence to produce the next number, as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, ad infinitum. Once you get to number 8, its ratio to the preceding number (5) is 1.625. With each succeeding number after that, this ratio of the last two numbers gets closer and closer to the mystical 1.618.It should also be noted that not only does phi appear repeatedly in nature, but the individual numbers in the Fibonacci sequence also make frequent appearances in interesting places like the petal count on violets or daisies or the florets in the swirls of a sunflower (counts of 55, 34, and 21); all just coincidentally specific numbers in the Fibonacci sequence!
When plotted geometrically, phi is found repeatedly in patterns and proportions in nature, the human body, art and architecture, even people's behavior. It has become so accepted now in the financial community, that many professional money managers and individual market traders use Fibonacci ratios on their charts to time when to enter or exit a trade and would not think of doing business without them.
Following are a few examples of The Divine Proportion.
Check out your own body. The distance from your belly button to your toes will be about 1.618 times as long as the distance from your belly button to the top of your head.
Check the ratio from the tip of your longest finger back to the first finger joint, from there to the second joint, then to the third joint, and from there back to your wrist joint. Each succeeding joint will be about 1.618 times greater than the one before. Then from your wrist back to your elbow will be about 1.618 times longer than the distance from your wrist to your fingertip, and from the elbow back to your shoulder will be 1.618 times longer than the distance from your elbow to your wrist. Phi is even found in our DNA spiral! That's about as fundamental as you can get.
So the next time you encounter a landscape design or an architectural structure that is not pleasing to the eye, you may find the source of the irritation may be the missing phi. And the next time your stock reaches a new high and "consolidates" for a while, you may now understand why it will then proceed to retrace (go down) back to the level of about 62% of its upward move (giving up approximately 38% of its gain, while you gnash your teeth) before it resumes its upward trend.
It never hurts to keep in touch with what Mother Nature has up her sleeve, or to be in harmony with our planet and our Creator.