December quadrulple witching week Dow has been up 22 of the last 24 years and 7 straight years recently. HIstory has proved a bit "not too useable" this past year, but it's likely for upside prior to the Christmas holidays.
We did not see that in yestedays trading. By 2 p.m.the market had held at 10,550 repeatedly, with mild whipsaws. Movements this light are too hard for option traders.
We are listing the put as open, and a new signal to the call, as it had no volume.
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44% of Americans say they would prefer President Bush over Barack Obama.
While scientists overwhelmingly say climate change is a threat, 1 in 3 Americans is not convinced of this.
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Important Note: The Options Clearing Corporation (OCC) has enacted an industry wide initiative known as the Options Symbology Initiative (OSI). The new options symbology will expand the current options series key, commonly referred to the as the OPRA symbol, from a 5 character (OEBLK, as an example) convention to a new key that accommodates up to 22 characters.
This will effect the "names" of the symbols we provide you, and is taking place throughout January, 2010. Please check with your brokerage to understand the new symbols.
For those traders truly wanting to understand the economy and how we have so much more to do, study page r7 in The Wall Street Journal, December 14th editition:
http://online.wsj.com/article/SB10001424052748704825504574586330960597134.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsTop
Important Personal Request from Floyd: In 2008 when our little service won the prestigious top 10 advisory services Readers Choice Award in prestigious Stocks and Commodities Magazine I was thrilled, and had reached a personal goal: to be better than the big guys and get rated.
Then, we won again in 2009. And here's where I need your help: I would love our company of Terry, Jenn, and Floyd to win again and we would appreciate your vote.
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