8 of 9 in a Row for Great Profits

Another happy day in the stock market, with massive two way turns. This allowed our traders, on the morning run up, to buy the Oct420P as low as 3.40, and sell to highs of 16.00, for another profitable day.

A number of subscribers also reported day trades on the put, as the market moved around support lines, locking in quick $1.00 per contract profits.

Puts are obviously overextended, and all market makers are hoping for an "up" day. If world governments cannot stem this tide, 7700 is still highly likely. We saw it yesterday in the last hour, with a 600 point downturn as the market moved under 8555

"I tried to step out and catch a call, stop loss out at -20% in 3 minutes. I have not lost a trade for a couple of weeks. Man I have made bank more then I have ever for a long run. Are you thinking of any calls or is 8700 just a stopping point to lower bottom? Thanks for everything you are a good pilot."TP

"Sweet Floyd. Paid 3.70 for the put, and closed my eyes, and sold it for 15.00. 8 of 9 in a row for great profits" BJ

False facts have led us down. Not having all the facts could lead us down again:

Todd Palin Was Registered Member of Alaska Independence Party Until 2002

"The McCain camp today disputed rumors that presumptive vice presidential nominee Sarah Palin was ever registered with the secessionist Alaska Independence Party by releasing years of voter registration history . . . but it looks like that doesn't apply to her husband.

This afternoon, the director of Division of Elections in Alaska, Gail Fenumiai, told TPMmuckraker that Todd Palin registered in October 1995 to the Alaska Independence Party, a radical group that advocates for Alaskan secession from the United States. (Just what we need, a "first dude" that wants to secede Alaska from the U.S...and his wife could be President)

Besides a short period of a few months in 2000 when he changed his registration to undeclared, Todd Palin remained a registered member of AIP until July 2002 when he registered again as an undeclared voter."

Also:

Cheney said "deficits don't matter".-9 months ago

Bush said " the economy is fundamentally strong and recession signs are weak"-90 days ago

McCain said "I need to do a bit more studying on the economy. It's not my strong suit" -5 months ago