A Bit of Sobriety

Well, by Monday a bit of sobriety may have hit the markets, as we began the real study of what we've done.

And oil surged $25.00 a barrel. Oops, suddenly America is thinking a bit of conservation again:)

But we'll drill Alaska, that will solve it.

Monday's market moves allowed traders to take two buys to the call. We did not gain entry to a put with the immediate downside, but continue to see potential two way trades taking place this week.

Bear in mind that a market that runs 450 points UP on Friday, and 330 points down on the following market day is a market that no longer believes, and cannot be validated. NO government actions seem to slow the fall out. The plunge protection team did not win this time:)

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"Obama is a socialist" This is the best one. Rumors pass around the internet now showing the "socialism" of Obama.

And to think, after what happened last week!

Obama is a classic politician, a Democrat, and perhaps the better of two evils. I care most what people the President will surround himself with.

Articles have been sent to old Floyd on "Obama the socialist", utterly amazing when we have just seen a Democratic and Republican Congress, AND a President that has utterly ignored economic controls for 8 years, that have just approved a SOCIALIST (God ford) Government bailout on our GREED.

What Paulson has led is a FDR type socialized bailout of our banking and financial sectors.

Many believe this action has diverted The Great Depression 2. Perhaps.

And a quote from a young voter, ready for Palin:

"I knew absolutely nothing," said Tyler Deeds, 19, who made the drive from Auburndale 90 miles away and waited more than 5 hours to see Palin. "I couldn't even tell you who the governor of Alaska was."

But Deeds, who plans to enter the Navy soon, said he "tends to cling to my guns and religion" and he quickly grew excited about Palin's candidacy.

Damn right. The right to bear arms, and Pray to God. We need old fashioned family values:)

It is NOT the President that decides things, but those that he surrounds himself with. It's evident in Bush, and will be with whomever wins, so make sure you are understanding who the OTHER players are that will win.

We do not elect "one person", but an entourage of people that work with the CEO, or President. We are deciding who we believe will be the best CEO.