Just a few days ago the bulls were in heaven, and the end was never to come. Smiles. It came.
Our August600P sold to a high of 25.50 for some whopping one day returns, and we issued a new alert for a contrarian call in late afternoon trading, as we believe the sell off may potentially hold at OEX 580.
The week's gains were totally wiped out, after oil began rising, and Ford "lessened its reliance on SUV's and pick up trucks" and reported 8 billion in losses.
As Floyd says, "well deserved losses", just as the ongoing banking bubble is. While the Republicans discuss how the Democrats will raise taxes, I'll ask just one question:
Who is paying off the debt that we've created?
Reality is composed of separate things and events, and you are one of those things. When reality goes to separate bits it is actually an illusion created by the mind, and that in actuality everything goes together and exists in relation to everything else.
It all one continuous thing and one continuous event. For the awakened person this isn't a way of thinking about the world, a theory, but rather an experience of the way things are.
This includes the realization that all pairs of seeming opposites are really one, that they arise together and depend upon each other, and that the supposed conflict between opposites is also an illusion created by the mind.
Metaphysicians and transperson psychologists call this The Game of Black and White. This is the idea that life, for instance, must or could win over death, that good must win over evil, that having must win over not having, or in general that what you want must (or could) win over what you don't want.
Smart traders see things as they are, not should be, or "because they are". Smart trades do not believe in black and white, but only grey, and are suspicious of ANY absolutism.
This Floydian babble is key to understanding you, and thusly how to trade.
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