“Although business managers have had time to prepare contingency plans, those that already have cut the numbers of employees in an effort to reduce costs during the downturn may be hardest hit,” Sutton says. “In many cases, companies that already are working with the bare minimum staffs face further productivity challenges should large numbers of the remaining employees contract H1N1.”

Sutton says more research is needed to measure the more precise impact of the H1N1 virus once the traditional U.S. flu season has passed. Until then, statements on the economic influence of the virus will reflect educated predictions based on the history of previous pandemics and their reported economic effects.

“The most recent case we have to study is the Asian SARS outbreak in the early 2000s, which negatively impacted a range of industries in Asia. The effects led to a regional loss of between 0.5 and 2 percent of GDP,” Sutton says. “H1N1 impact predictions are based on examples like this one in which virus fears traditionally have had a negative influence on the economies of impacted regions.”

http://www.medicalnewstoday.com/articles/165080.php

MONSTER SELL SIGNALS ARE TRIGGERING BUT BUYERS CAN CONTINUE THEIR STUBBORN WAYS RIGHT UP UNTIL THE (text withheld/subscribers only) (so we won’t allow ourselves to become discouraged with the model’s call)

WE CONTINUE TO BELIEVE THE STOCK MARKET IS IN A HUGE EXPANDING PATTERN (ELLIOTT WAVE)

That structure would be following an A,B,C,D,E pattern (originating at the Novembver 21, 2008 low) with the BAM 944 SPX cash magnet as the “A” high (actual high was 943.85) the BAM 680 SPX cash magnet as the “B” low (actual was 666.79) ,the BAM 9497 INDU FUTS magnet as the “C” high (and possibly SPX 1049.30) and “D” and “E” yet to unfold.

Assuming the above is true, and it sure looks like it might be, the next leg down (wave “D”) projects down to the (information withheld/subscribers only) Very interesting considering our long-standing BAM SPX magnet target is sitting down at the (information withheld/subscribers onloy) level!

Anyway, it sure looks like this stubborn advance (the heads are calling it “resilient”) is a huge expanding pattern that will end in tears. 

No change.  This is an EPIC short-selling set-up according to our work and stocks should be (subscribers only) toward that BAM (subscribers only) magnet over the coming months. 

(sentence withheld/subscribers only) in either December 2009 or February 2010.

near-term–severe weakness into 9-14 and 9-21ish

SELL, SELL, SELL!!

We think this has everything to do with China and the (information withheld/subscribers only).  The fact that the H1N1 spread as quickly as it did on the Washington State campus–infecting 2500 students (18,000 enrollment) within a two week period–confirms the experts’ view on the highly contagious nature of H1N1.  Again, we’re not calling for mass deaths, we’re simply saying that we think the forecasters and analysts are underestimating the disruptions to the economy/productivity we’ll be seeing over the coming months.

-JGS