All the Gyrations

All the gyrations of the past three days have lost 1 trillion to the markets, while Congress lies and manipulates as we bail the federal government out. That is what we are doing. We are borrowing to keep banks alive. All the gyrations, and we're back to near where we headed in the crash on Monday.

The Oct420P was profitable to 1.50 yesterday as the world studied the slimy bill that the Senate has now led to the House, and we now wait for what our representatives, afraid to even vote to lose their jobs with us, can agree to. The Oct580C was also an incredibly great day trade, with moves from 3.80 to 4.50 occurring five times, for astute day traders.

"Nice day, Floyd. .70 on the put, up to 1.20. Played the call for a total of 7 times this week around support lines, profiting a total of $7800.00 so far, and still have "inventory". I like how you explain what is really happening"-J.P.


And from a new subscriber:

"I just made my first profit: the OXBVD puts which I bought Tuesday (2 days ago),
just got filled on their GTC order at a 40% profit.
I'm so excited, that this actually worked!
Now I'm anxious to see if my calls get filled, or at least don't lose more than what
I've won in the puts.
I understand that if the calls don't get filled by the end of Friday then I should sell them
at whatever price I get just before the market's close on that day, is that true?" NC-Israel
(BE sure and note our change to stop loss below)


One out of three Vice Presidents become President during their term in office. If you believe Sarah Palin would be a good President after watching the debates last night we have a strong difference in opinion on what is necessary to save our country.

Smart thinking is not listened to by TV or newsbites. Smart thinking comes from reading history, economics, other points of view, and being open to extraordinary thinking, not limited to a single secular perspective.

The larger question is why our credit and banking situation was allowed to deteriorate to such a point that it was necessary to create the bills we now have. Who led this? Who didn't stop it? Why didn't we know?

This has nothing to do with Wall Street and the greed of CEO's. It's led first, and should be questioned, by what Government and leaders allowed it to fester and calmly for the past 6 years told us it was okay. (Check what Bush and McCain both have said about our economy until 2 weeks ago. Everything was "fine").

In a nutshell: our government has created false financials and facts with money for years. Now the world is printing money to give to the banks to keep us afloat, as the banks have no money because of the false financials. This is not a bail out, but a debt infusion to keep the world economy afloat, led by the U.S. and our dedication to unregulated bribe driven (lobbying) free enterprise.

Be careful as you take the soundbites in. History is being made.

And as we hear of Russia, and Iran, and all the "evil":

"Do not take sides; if you take sides, you are trying to eliminate half of reality, which is impossible. For many years the United States has been trying to describe the Soviet Union as the evil side...If we look at America deeply, we see the Soviet Union. And if we look deeply at the Soviet Union, we see America. If we look deeply at the rose, we see the garbage; if we look deeply at the garbage, see the rose. In this international situation, each side is pretending to be the rose and calling the other side garbage. "

Thich Nhat Hanh