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  1. 101st Airborne to Take Over in Africa Deployment
    The 101st Airborne Division is set to officially take command of an operation to build Ebola care centers in Africa.

    The Fort Campbell-based soldiers will assume the leadership of Joint Forces Command - United Assistance in Monrovia on Saturday. At a change of command ceremony,  Maj. Gen. Gary J. Volesky, the 101st Airborne commander, will step in for Maj. Gen. Darryl A. Williams.

    Members of the 101st were sent to the West African nation of Liberia as part of the U.S. military's mission aimed at building care centers and training health care workers. The goal is to stop the spread of the virus.

    The virus has infected more than 7,470 in Sierra Leone, Guinea and Liberia and killed more than 3,400. Experts say the actual number is likely higher.
  2. Eye on the Market with David O. England
    Time for a correction-Audit

    On October 12th I wrote, “To signal an upcoming correction, turn off the hype from the national media and watch two simple items:  my blue signal line and longer-term trend line.  Remember the saying “The trend is your friend?”  It works in this situation also.  When or if the price breaks down through my blue signal line and the black-slotted red line and fails to rally back above them, this represents more selling than buying and can signal lower prices ahead.”

    Today, we will analyze the updated weekly S&P 500 chart to see if my system signaled lower prices ahead, leading to a correction. Per my chart, you can see the price (green oval) dropped through my blue signal line and longer-term (black-slotted) trend line.  Once this happened, selling came in and definitely signaled lower prices ahead.  

    Did this signal a correction was underway?  My system signaled lower prices were coming -- the SPX continued to drop an additional 120 points or 6.18 percent.  If 2,019 was a market top, then a 10 percent correction would take the S&P 500 to the 1,817 level.  This system is a valuable tool for SPX option, futures and index ETF traders.

    The SPX continued to fall until institutional buying came in at 1,820, missing an actual correction by only 3.56 points.  The facts: while my system correctly signaled lower prices ahead, it failed to signal a full ten percent correction—missing it by .17 percent.  

    The last candle on the chart represents the price action until last Wednesday. By the end of the week, the price may or may not have retraced above the signal lines.


    Why do I like pullbacks? I focus on investing in closed-end and exchange-traded funds that pay at least 6 percent more in dividends than total expenses and have the dividends reinvested in more shares.  When the prices dip, the dividends buy more shares-it is that simple. Wall Street focuses on price appreciation.  I like to focus on share growth, a strategy I call “Growing Gardens.” What other strategy do you know where investors are smiling when the market is heading south?

    I have taught many these simple systems--you can learn as well. Next week, I revisit my long term “Rip Van Winkle” chart, designed for investors--to see if it is time to get out while the getting is good!”

    Plan your work, work your plan and learn to share your harvest!

    Source: davidoengland.com, stockcharts.com

    Full Disclosure-I do not own any securities listed in this column.

    DAVID O. ENGLAND is the founder of the Eye on the Market Radio Show and Training Academy and retired associate professor of finance at John A. Logan College. This column is presented for educational purposes only and is not intended as financial advice. For questions, contact England at thetraderseye@gmail.com.
  3. Kentucky Man Gets 3 Years in Prison for Fraud
    A Bowling Green man has been sentenced to three years in federal prison for defrauding nine people out of hundreds of thousands of dollars in an investment scheme.

    U.S. District Judge Joseph McKinley handed down the sentence Thursday for 46-year-old Paul Carney. Earlier this year, Carney pleaded guilty to  20 counts of wire fraud and 12 counts of engaging in monetary transactions.

    Carney acknowledged collecting money from several people between 2008 and 2011 under the premise that he would provide the funds to a stock trader who would invest in the stock market and return a substantial profit.

    The Daily News reported that McKinley also ordered Carney to pay $886,925.62 in restitution to his victims.
  4. Officer, Suspect Injured in Pursuit
    An Arlington man faces several charges, after a police pursuit that ended with a crash.

    At around 2:00 pm Friday, a McCracken County Sheriff’s Deputy responded to a call of a suspicious vehicle that was sitting in a field across from Energy Fitness, just off of Holt Road near the Friendship Road intersection.

    Police said when the officer arrived, she reportedly saw a van parked in a field with a man sitting in it. When the man saw the sheriff’s cruiser, he drove through the field and through several yards at high speed out and onto Hansen Road. The deputy continued the pursuit and ran the license plate, which came back as registered to a Mayfield couple, but not stolen.

    The man continued to evade police, and drove out onto US 60 West. As he was attempting to turn in front of Red Lobster, he lost control of the van and ran up and over metal railing. The cruiser then hit the rear of the van.

    The driver of the van, 28-year-old Dustin L. Redmon, of Arlington was immediately placed under arrest and charged with fleeing or evading 1st degree-wanton endangerment 1st degree-receiving stolen property over $10,000 and other charges.. Police said Redmon has previous convictions for felony burglary, and criminal trespass.

    Police later contacted the owner of the van, who told them it was supposed to be at a mechanic shop in Mayfield having work performed on it, and that they had had no idea why it would be in Paducah. Further investigation revealed that the van was stolen from a mechanic shop Wednesday evening, but shop employees thought the owner had picked it up.

    Both the deputy involved in the chase and Redmon were both taken to Lourdes Hospital for treatment of minor injuries.  Police said Redmon later confessed to stealing the van from the shop.

    Police said additional charges are pending from the Graves County Sheriff’s Department for theft of the vehicle. 
  5. Five Indicted for Drug Crimes, Two Being Sought
    The Paducah Police are seeking the public’s help in locating two western Kentucky residents charged with drug offenses.

    On October 10, 35-year-old Jerry Polk, of Paducah, and 33-year-old April Williams, of Calvert City, were among five people indicted on various drug charges by a McCracken County grand jury.

    Polk was indicted on charges of first-degree trafficking cocaine, second offense; trafficking marijuana, second offense; and possession of a handgun by a convicted felon.

    Williams was indicted on a charge of first-degree trafficking morphine.

    The indictments come after police began separate investigations earlier this year after tips came in to the department. Undercover drug buys were made, and a search warrant was served at Polk's home. Police recovered about 70 grams of cocaine, about a pound of marijuana, and a handgun.

    Police say over four grams of cocaine was taken from 22-year-old Shaquille Beard of Elmdale Road. He was indicted for possession of a handgun by a convicted felon, and trafficking cocaine, second offense.

    Also indicted was 26-year-old Jeremy T. Petter of Boaz, on two counts of trafficking methamphetamine.

    Beard and Petter were served their charges while already in McCracken Regional Jail on other charges.

    Petter already faces meth trafficking charges, and was arrested September 6 for drug trafficking, possession of various drugs and paraphernalia, and tampering with evidence. Those charges are still pending.

    The fifth man, 24-year-old Dorian Shumpert of Levin Avenue was indicted for trafficking meth, second offense, and trafficking a simulated controlled substance, second offense. He was arrested last week while checking in with his parole officer.

    Beard and Shumpert are on parole after having already served time for drug trafficking.

    Anyone who knows where Polk or Williams can be found should call Paducah Police Department at 270-444-8550 or CrimeStoppers at 270-443-TELL.
  6. Shooter, 1 Other Student Killed in School Gunfire
    Authorities north of Seattle say a student opened fire in a high school cafeteria today, killing at least one person and wounding four other students. The gunman also died in the attack.

    Police in Marysville say the shooter was a student at Marysville Pilchuck High School. There are no additional details on the gunman and the victims, or on what might have prompted the shooting.

    A spokeswoman at Providence Everett medical center says four students were brought there -- three in "very critical'' condition and one who was considered stable enough to be taken to another medical center in Seattle. It's not clear if the people who died were among those brought to the medical center.

    Police have been going room-by-room, searching the school about 30 miles north of Seattle, to make sure it was safe.

    One student told a TV station (KING) that he was eating his lunch at a nearby table when he heard the gunshots. He says the shooter "had a little gun in his hand'' -- and that he could see "the flash from the muzzle.''

    Another student said the shooter "was just staring down every one of his victims as he shot them.''
  7. Paducah Woman Hurt in Crash with Dump Truck
    A Paducah woman was injured Friday morning in a crash on Krebs Station Road.

    Just after 11:00 am deputies were dispatched to the 1400 block of Krebs Station Road to a crash involving a dump truck and a passenger car.

    Police said their investigation revealed 54-year-old Alice Penrod, of Paducah was driving on Krebs Station Road and in the process of turning into a driveway when she was hit in the rear by a dump truck driven by 52-year-old Charles Finwell, also of Paducah.
    Finwell told police that as he crested a blind hill, he saw Penrod slowing to turn into a driveway. Finwell said he realized he wasn’t going to be able to stop in time, so he drove into a ditch in an attempt to avoid a collision. The back tires of the dump truck drove up and onto Penrod's trunk.

    Penrod was taken to an area hospital for treatment of possible injuries. Krebs Station Road was closed for about two hours for cleanup and investigation.
  8. Sheriff Looking for Missing 14-Year-Old
    The Calloway County Sheriff's Department is asking for the public's help in finding a teenager who was reported missing.

    Fourteen-year-old Clayton Author Williams was last seen at 11:00 am Friday in Calloway County, and  could be in the Lynn Grove Area. He is 5-feet, 8-inches tall and weighs 162 pounds with brown hair. He was last known to be wearing a red pullover hoodie, black cargo pants and white high-top shoes.

    Anyone with information about Williams should call local law enforcement or the Calloway County  Sheriff's office at 270-753-3151.
  9. Campaign Ad Pulled due to Inaccurate Information
    A recent radio ad paid for by the Kentucky House Democratic Caucus Campaign Committee has been pulled from the airwaves of WKYQ 93.3 FM, WDDJ 96.9 FM and WLLE 102.1 FM due to what has been deemed inaccurate information about Kentucky House District 3 Candidate Randy Bridges. His opponent says he didn't even know about the ad.

    The ad claims that Bridges went on record in a Courier-Journal survey saying one of his chief priorities would be putting up tolls on local roads. Bridges said during an interview on the Greg Dunker Show that the ad uses his statements out of context to paint an inaccurate picture of his policies.

    "I'm deeply disappointed in my opponent and his party, because they have taken this completely out of context and it is absolutely not true." Bridges said.

    The survey asks the question: "If elected, what would be your chief priorities?"

    Bridges responds: "The most important immediate issue is clearly jobs. Stopping the loss of jobs we have seen in recent years and creating new jobs is the highest priority. The closing of USEC is a hard hit to the region. A bill to repeal the nuclear moratorium and allow a nuclear reactor to be built would increase the re-industrialization options for that site, but the Kentucky House of Representatives leadership refuses to pass the bill (unlike the Senate). This is an issue in which the incumbent representative has been wholly ineffective, even though his party controls the chamber."

    Bridges noted that nowhere in his response did he mention tolls as a priority.

    The survey also asks "Where should the money come from to pay for major projects such as the Brent Spence Bridge in Louisville? Do you support tolls?"

    Bridges responds: "Being a life long western Kentuckian I can remember as a child traveling the West Kentucky and Purchase Parkways. They were both toll roads. I see no reason not to consider using this method again. The cost of tolls is in direct connection to the users. As far as where should money come from to pay for other major projects, I believe the governor made a grave mistake vetoing the ability to use private investors on some projects. Our state is already over leveraged with a growing debt and a major spending problem."

    Bridges said that while he does consider tolls an option to pay for some major projects in the state, the ad makes the false claim that he lists tolls as one of his chief priorities, which he does not.

    Bridges' opponent, Incumbent State Representative Gerald Watkins also listed tolls as a viable option to pay for some bridge projects in his answer to the same survey question.

    "Bridge projects of this magnitude and expense can only be paid for with a combination of federal highway dollars, state highway dollars and tolling to help retire the debt. While I am not a fan of tolling, I realize that these projects are not going to be built without that part of the equation. I know some locals are not in favor of tolling for the Brent Spence Bridge but if it is to be built there is no choice." Watkins said.

    When asked about the ad in question, Watkins said he hadn't even heard it until he was contacted Friday. He told WKYX, "I had no idea that the ad was being made. I didn't write it, I didn't have anything to do with it. I write my own scripts for my advertising, which are all positive and accurate. I would just offer an apology to him even though I didn't have anything to do with it. They need to go back and correct those inaccuracies if they're going to run advertising."

    Bristol Broadcasting General Manager Jamie Futrell issued the following statement regarding the ad:

    "This ad has been found to be inaccurate based on the evidence provided by the Kentucky House Democratic Caucus Campaign Committee and therefore will be pulled from airing on any of our properties.  The Committee will have to correct the ad or provide us with a new commercial."
  10. Three Vehicle Crash Snarls Traffic in Lone Oak
    A three vehicle crash created a traffic snarl on Lone Oak Road in Lone Oak Friday morning.  The McCracken County Sheriff's Deparmtnet says it all happened at around 7:20 am, at the intersection of Lone Oak Road and John E. Robinson Drive for a three vehicle accident.

    Deputies say Andrea K. Waldon, 17, of Paducah tried to make a left hand turn from John E. Robinson Drive onto Lone Oak Road.  That's when she apparently pulled her vehicle into the path of a vehicle being driven by Andrew M. Ford, 27, of Hickory Ky., according to deputies.  

    Deputies say after the two vehicles collided they both traveled in a southward direction striking a vehicle driven by a Christopher J. McIntosh, 36, of Paducah.

    McIntosh was in the turn lane waiting to turn from Lone Oak Road onto John E. Robinson Drive, according to deputies.  Waldon and Ford were transported to an area hospital for treatment of non-life threatening injuries.  

    Both north and southbound lanes were reduced to one lane in the area of the accident for approximately 40 minutes.


  11. Missing Child Found Safe, Suspects in Custody
    UPDATE: WMC TV reports that the child has been found, and the suspects are in Illinois State Police custody.



    EARLIER STORY:

    Police in Memphis have issued an Amber Alert for an 8-month-old Samiyah Nicholes who was taken from the Econo Lodge at 6045 Macon Cove around 6 am Friday.

    Officers are looking for two men and a woman believed to have taken the baby after a disagreement with the child's mother.

    One suspect goes by the name of "Buck." Buck is a black male, 6 feet 3 inches tall, bald with a thin beard, and has tattoos of two tear drops near his left eye, and tattoos on the right side of his neck, right hand and left forearm. He was last seen wearing a red hat, red hoodie, blue jeans, and orange and pink sneakers.

    Suspect two is Brandon Wright, a 29-year-old, black male, 5 feet 6 inches tall, with a heavy build and a low haircut. He was last seen wearing a blue sweater with white and blue stripes, blue jeans, and black tennis shoes.

    Suspect three is Becky Jo Mitchell, described as white and around 5 feet and 6 inches tall with a thick build. She has blonde hair and was last seen wearing a white sweater and flip-flops.

    Police say the suspects could be in a tan-colored newer model 4-door Buick sedan, dirty , with an unknown Illinois tag.

    If you see Samiyah, contact Memphis police at (901) 636-4779, or your local law enforcement agency using 911.


  12. Missing Child Found Safe, Suspects in Custody
    UPDATE: WMC TV reports that the child has been found, and the suspects are in Illinois State Police custody.



    EARLIER STORY:

    Police in Memphis have issued an Amber Alert for an 8-month-old Samiyah Nicholes who was taken from the Econo Lodge at 6045 Macon Cove around 6 am Friday.

    Officers are looking for two men and a woman believed to have taken the baby after a disagreement with the child's mother.

    One suspect goes by the name of "Buck." Buck is a black male, 6 feet 3 inches tall, bald with a thin beard, and has tattoos of two tear drops near his left eye, and tattoos on the right side of his neck, right hand and left forearm. He was last seen wearing a red hat, red hoodie, blue jeans, and orange and pink sneakers.

    Suspect two is Brandon Wright, a 29-year-old, black male, 5 feet 6 inches tall, with a heavy build and a low haircut. He was last seen wearing a blue sweater with white and blue stripes, blue jeans, and black tennis shoes.

    Suspect three is Becky Jo Mitchell, described as white and around 5 feet and 6 inches tall with a thick build. She has blonde hair and was last seen wearing a white sweater and flip-flops.

    Police say the suspects could be in a tan-colored newer model 4-door Buick sedan, dirty , with an unknown Illinois tag.

    If you see Samiyah, contact Memphis police at (901) 636-4779, or your local law enforcement agency using 911.


  13. Missing Child Found Safe, Suspects in Custody
    UPDATE: WMC TV reports that the child has been found, and the suspects are in Illinois State Police custody.



    EARLIER STORY:

    Police in Memphis have issued an Amber Alert for an 8-month-old Samiyah Nicholes who was taken from the Econo Lodge at 6045 Macon Cove around 6 am Friday.

    Officers are looking for two men and a woman believed to have taken the baby after a disagreement with the child's mother.

    One suspect goes by the name of "Buck." Buck is a black male, 6 feet 3 inches tall, bald with a thin beard, and has tattoos of two tear drops near his left eye, and tattoos on the right side of his neck, right hand and left forearm. He was last seen wearing a red hat, red hoodie, blue jeans, and orange and pink sneakers.

    Suspect two is Brandon Wright, a 29-year-old, black male, 5 feet 6 inches tall, with a heavy build and a low haircut. He was last seen wearing a blue sweater with white and blue stripes, blue jeans, and black tennis shoes.

    Suspect three is Becky Jo Mitchell, described as white and around 5 feet and 6 inches tall with a thick build. She has blonde hair and was last seen wearing a white sweater and flip-flops.

    Police say the suspects could be in a tan-colored newer model 4-door Buick sedan, dirty , with an unknown Illinois tag.

    If you see Samiyah, contact Memphis police at (901) 636-4779, or your local law enforcement agency using 911.


  14. Missing Child Found Safe, Suspects in Custody
    UPDATE: WMC TV reports that the child has been found, and the suspects are in Illinois State Police custody.



    EARLIER STORY:

    Police in Memphis have issued an Amber Alert for an 8-month-old Samiyah Nicholes who was taken from the Econo Lodge at 6045 Macon Cove around 6 am Friday.

    Officers are looking for two men and a woman believed to have taken the baby after a disagreement with the child's mother.

    One suspect goes by the name of "Buck." Buck is a black male, 6 feet 3 inches tall, bald with a thin beard, and has tattoos of two tear drops near his left eye, and tattoos on the right side of his neck, right hand and left forearm. He was last seen wearing a red hat, red hoodie, blue jeans, and orange and pink sneakers.

    Suspect two is Brandon Wright, a 29-year-old, black male, 5 feet 6 inches tall, with a heavy build and a low haircut. He was last seen wearing a blue sweater with white and blue stripes, blue jeans, and black tennis shoes.

    Suspect three is Becky Jo Mitchell, described as white and around 5 feet and 6 inches tall with a thick build. She has blonde hair and was last seen wearing a white sweater and flip-flops.

    Police say the suspects could be in a tan-colored newer model 4-door Buick sedan, dirty , with an unknown Illinois tag.

    If you see Samiyah, contact Memphis police at (901) 636-4779, or your local law enforcement agency using 911.


  15. Missing Child Found Safe, Suspects in Custody
    UPDATE: WMC TV reports that the child has been found, and the suspects are in Illinois State Police custody.



    EARLIER STORY:

    Police in Memphis have issued an Amber Alert for an 8-month-old Samiyah Nicholes who was taken from the Econo Lodge at 6045 Macon Cove around 6 am Friday.

    Officers are looking for two men and a woman believed to have taken the baby after a disagreement with the child's mother.

    One suspect goes by the name of "Buck." Buck is a black male, 6 feet 3 inches tall, bald with a thin beard, and has tattoos of two tear drops near his left eye, and tattoos on the right side of his neck, right hand and left forearm. He was last seen wearing a red hat, red hoodie, blue jeans, and orange and pink sneakers.

    Suspect two is Brandon Wright, a 29-year-old, black male, 5 feet 6 inches tall, with a heavy build and a low haircut. He was last seen wearing a blue sweater with white and blue stripes, blue jeans, and black tennis shoes.

    Suspect three is Becky Jo Mitchell, described as white and around 5 feet and 6 inches tall with a thick build. She has blonde hair and was last seen wearing a white sweater and flip-flops.

    Police say the suspects could be in a tan-colored newer model 4-door Buick sedan, dirty , with an unknown Illinois tag.

    If you see Samiyah, contact Memphis police at (901) 636-4779, or your local law enforcement agency using 911.


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