Friday the market hit highs of 8167, very close to the 8250 top we saw to the market. There is more potential upside to 8326, but make note the count is now 8 and the market is oversold.
The May 400C was profitable to 13.20, for almost a 100% for traders selling final partials, and traders may have taken a first buy to the May 380P at 5.40 during the market run up in the a.m.
We've had such great successes with our recent options, now profitable 10 straight days, and have had the same run of success in our www.bluechipoptions.com site.
Recently we saw calls on Citi rise 48% and calls on Amazon just hit 35% increases, in less than 7 day holds. Our recent investment in a stock that is severely undervalued is up 40% from it's low, and 10% from our recent "second buy" suggestion.
We see market tops shortly, and a downside consolidation.
Floydian Soapbox: Recently a new subscriber left us, and when asked, said "I need to know exactly what to do, what price to pay and when to sell. I can't see that in your service, as you make me think out what I am doing myself".
I wish this guy luck, but it got me thinking: this is not easy stuff. This is a skill that can return you 20% or more a day, and provide consistent full time income if prudently invested and studied. It takes study, and I'm here to help you study.
Use this alert. It's the most comprehensive pre market summary on the market and is used by professional traders simply for the "read of the market".
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Floydian Therapy:
Here's the last section of our Circle of Pain article, which we hope has been helpful to you.
The full article is available at: http://www.oexoptions.com/FloydTherapy/CircleOfPain.pdf
We all live in pain. We often choose to create much of this pain. We also spend much of our lives doing what we do not want, and then complain, overeat, get divorced, or drink to excess because we are unhappy, doing what we do not want.
To exit a circle of pain one must know that one is in a circle and that the circle is insidious and will not end without a planned exit. You must choose to leave the circle, to find the events you will say “no” to, or you must come to accept the circles you choose.
There are consequences to each decision. Floydian Therapy will walk you through the process.
You are what you decide.
If interested in learning about our transpersonal life coach counseling, Floydian Therapy, contact us at floydiantherapy@gmail.com
Disclaimer: All examples in this article are meant for educational purposes only. Any resemblance to real persons, living or dead is purely coincidental. If you think this is “you,” it probably is.
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