Making Use of our Dow Projections

Bernanke was nominated for reelection, and the projected national deficit is 9 trillion. America has their panties all wadded up on healthcare, homes are selling a bit better (check the facts, they are short sales and foreclosures) and the stock market, which always precedes the economy, simply can't stop going up. We did a recalculation at 10 am today because of the large gap up and sent it out by Twitter (sign up, this is a really useful tool). At that time r1 had become 9648.09 and the theoretical Dow reached 9660, very close again to our top resistance lines.

The U.S. consumer confidence and home sale forecasts came in good, but oil began to drop. Gold began a slow move down as the market hesitated. For our Blue Chip traders Gold (GLD) has been immensely profiable, but our work with SSRI and SLV, which are ETF's on silver, are up 26% for the year. (Sales pitch: www.bluechipoptions.com-check out our new site and daily blog. Much is free, and you'll see how we Twittter, and how much more you could be working with.

Traders already held OXBIP Sept 480 Call which hit highs of 10.40, allowing for 35 to 45% returns in one day.

Our open hedge put hit stop loss, but many traders reported day trading OXBUL Sept440 Put from 3.30 buys to highs of 4.50 during market dips mid day. Of interest , we had more day trader testimonials yesterday on trading puts for profits than calls, all traders making use of our Dow projections.

Another profitable day for call trading, with financials, retail, airline stocks all leading the rise, as the euphoria continues. We won't say a thing, just continue to lock in our daily profits on the calls.

A fact: There is a one in six chance that both members of a married U.S. couple are obese, and 1 in 13 chance if they are a couple, but unmarried.