power and precision of the Daniel numbers are in the
FSO archives. You should read them all.

John Needham is a Sydney Lawyer and Financial Consultant. He publishes The Danielcode Report and writes occasionally on other markets. He lives with his family in Australia and New Zealand.

"The fox knows many things, but the hedgehog knows one big thing. A Hedgehog Concept is not a goal, intention or strategy to be the best. It is an understanding of what you can be best at. The distinction is absolutely crucial". – Isaiah Berlin, The Hedgehog and the FoxWASHINGTON—The U.S. Senate on Saturday defeated two attempts by Democrats to extend the Bush-era tax cuts for the middle class permanently. After the Senate votes, President Barack Obama told Democratic congressional leaders he would be open to a temporary extension of the Bush-era tax cuts for the affluent, but he would demand concessions from the GOP.

In rare weekend votes that likely had little effect on wider negotiations to reach a compromise about extending the tax cuts, the Senate voted 53-36 to reject an attempt to...