Climate changes occurred many times over millions of years for various reasons. You can research why that happened yourself. More recently evidence suggests a gradual rise in average temperatures that seem unrelated to any of the historical causes of temperature changes. A huge consensus of earth scientists believe it is happening and is due to pollutants generated by mankind. Very few experts disagree, but get lots of publicity.
Both Obama and the Pope rely on urgent concerns coming from experts on the subject. It is frequently a huge mistake to ignore experts. President Reagan ignored the AID's crisis for years. President Bush was never advised by his national security advisor to raise an alarm prior to 911 (terrorism expert Clark was essentially ignored). Alan Greenspan was warned repeatedly prior to 2007 about corruption in the mortgage banking industry and the dangers of Credit Default Swaps and CDO's...but ignored it.
Fortunately no one stopped Dr. Salk from his research on a polio vaccine. In the 1930's physicist Leo Szilard realized a nuclear bomb was possible. He was worried Hitler would build one first. Frantic with fear, in 1938 he wrote a letter to FDR and asked his friend Albert Einstein to sign it, even though Einstein was not an expert on the subject. But Einstein's reputation was too great to be ignored. Unfortunately, there is no "Einstein" today.
I'm not confusing anything. You can't transform the economy (as you suggested) and ignore the transportation sector. Last year cars traveled the equilivant of to/from the sun 14,000+ times.
As for the Pope and Obama not knowing what they are talking about. So you do and they don't? Pretty arrogant I'd say. They consult the best experts on the planet. Who do you rely on for your information...Rush Limbaugh and Sean Hannity?
Well, with those limitations what is the "huge opportunity" you believe in? Cars account for 60% of gas/diesel consumed (trucks 28%, planes 8%, trains/buses 3%). The conversion to steam turbines is already happening, but converting cars will make a big difference...that huge opportunity you reject. Personally I believe ANG is the huge opportunity we need to pursue.
Well, I agree you could never be elected President. Not so sure about the honest part however. It doesn't seem like you've made an honest appraisal of the difficulty of switching to natural gas. T. Boone Pickens has been trying for years, with little success, to make it happen. One of the few tools available to the government is tighter regulation of the oil and coal industry. Every time the president, EPA, or congress try that the oil and coal companies tell their Republican shills in congress to back off. It's even Impossible to eliminate tax subsidies for oil/coal companies.
Sounds like you are considering running for President. The "U.S. has a huge opportunity ahead of it" sounds like a typical campaign speech. Good luck convincing the oil and coal companies to fund your campaign.
A recent study concluded about 219,000-368,000 birds are killed by windmills. Cats kill 1,400,000,000-3,700,000,000 birds! Looks like cats are the main problem, not windmills. We need a windmill that kills cats.
Historically major climate change was usually the result of massive volcanic eruptions, major forest fires, and large meteorite impacts, according to many scientists. The result was global cooling, not warming. Those are very rare events but have happened. A more subtle cause of climate change is the movement of the solar system thru space. There are regions in space that are clean and other regions that are dusty. Dusty space results in a colder earth and clean space results in a warmer earth. There is no evidence the earth is currently passing thru space that is cleaner than normal.
You forgot to mention thr "over 400%" in losses last week by the other 6 pro traders.
Well, a week has passed and the stock failed to reach $15.50, per your prediction. I believe it is lower than it was last Friday. You need to "adjust" your predictive system, or entirely replace it. Don't make the mistake of invoking events over the past week to explain away your error. Be honest with yourself. You might discover a new system that works.
I'm a doubter at very short term claims like yours, such as a rising 20 day EMA. And how do you identify selling by "weak hands"? Selling at a volume great enough to move the stock price doesn't sound like weak hands to me. Still, you may be right. Please post next Friday (5/22) what actually happens.