Unemployment is finally becoming "real." Floyd has been arguing for years that our facts were false, and we've been misled. Interesting to see just what is happening now, and here's why:
From MP
"I figured that you and your subscribers would like this...
A perfect description of our unemployment situation right now...
John Smith started the day early having set his alarm alarm clock (MADE IN JAPAN ) for 6 AM. While his coffeepot (MADE IN CHINA) was perking, he shaved with his
electric razor (MADE IN HONG KONG .) He put on his dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA).
After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) filled it with GAS (from Saudi Arabia) and continued his search for a good paying AMERICAN JOB. At the end of yet another discouraging and fruitless day checking his computer (Made in Malaysia), John decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered why he can't find a good paying job in AMERICA!"
The day before Presidents Day weekend the S and P has been down 14 of the last 17 years, and off 11 in a row 1992-2002.
Yesterday's downward pressure caused or will cause a stop loss on our open OEX call position, making it two losses out of the last 20 trades, not including day trades. Sorry, but this market extends much longer than I see it. We were seeing higher lows and increasing volume earlier this week, only to see a consistent test of 7700, our November lows. Study our Dow projections carefully today. Pending how the market acts or reacts today, we'll be adjusting our short term projections. Near day end, however, the bottom testing appeared to be over and the market began upside moves, allowing day traders on the Feb410C yet another profitable day.
We will list dual trades today, despite seeing an overextended downside. Our put will be February expiry, to sell by end of day, and we will begin inventory to a March call, pending what we see as a corrective and short term upside. Whatever happens with this stimulus package, and the perception around it, will steer this coming week, as the market to date has not been "satisfied" with what is being communicated. Remember, the market precedes the general economy.
The Market is closed next Monday for President's Day. You'll receive an alert next Monday evening for the Tuesday opening.
Please allow me a sales pitch. Using a psychologist approach to both trading, and how to "be who you are", may be just what you need in these bad times. Invest in yourself.
Floydian Therapy
Real Time Therapy®, and Life Coaching®
I use a transpersonal psychology approach to private life coaching with a number of our Advanced Mentoring subscribers at OEX Options.
As a business consultant, President of a distribution company, and a stock trader, Floyd uses his education and training to teach and help one be “the real you.”
Classically educated in industrial and transpersonal psychology Floyd utilizes a life coach methodology for email consultation with clients.
Utilizing a number of psychological tests Floydian Therapy® is 90 days in duration, and around 5 strategic models:
Completion and Floydian evaluation of five (5) psychological tests
Client to complete five (5) written assignments specific to the analysis of character, past and present.
Floyd works with the client by email as much as required ( no limitations as to amount of email) for a 90 day period
Real Time Therapy®, and life coaching®, is a hands on, in your face methodology that identifies issues, defines solutions, and creates action plans for your own performance.
Unlike traditional “therapy” we believe that 80% of our clients are quite capable of overcoming traditional issues that often are “prescription oriented,” or defined by long term ongoing therapy.
Think of Floyd like a non TV “Dr. Phil”, or Dr. Wayne Dyer that teaches the methodology of right thinking, and overcoming of obstacles that are almost entirely self perpetuated myths.
There are no guarantees with this work. No free lunches. No “buy 12 and get 1 free”.
The price is high, and it should be. $999.00 for 90 days of one on one counsel, email based, as often as you like. References available.
If at the end of 90 days you do not believe you have gained $999.00 worth for your SELF I will cheerfully refund ½ of your purchase price. This is not a guarantee as much as a commitment to the client….you will get what you paid for, and you will decide yourself if it’s “worth it”
*You are What You Decide*
Confront yourself. You created you.
Join me if you are interested in Private Counseling with Floydian Therapy:
Write me at : floydiantherapy@gmail.com
Sign up at: http://www.oexoptions.com/pages/FloydianTherapy.htm
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