No Trading on Monday!

We recommend NOT holding any open option positions over the holiday weekend. We'll be back with you Monday evening with an alert.

Subscriber RV from Florida may sing what is happening best:

http://www.youtube.com/watch?v=SoHL8rrmIAQ
A few comments:

1. The Toyota mess has killed 89 people.
2. The BP mess may be destroying the world. Greed and lack of regulation is what caused this, not just BP. This has happened before, but in areas we would not know about.
3. The Iraqi war killed 100's of thousands.

Our perspectives are warped.
We spend more time on football than helping.
19% of NFL big boys get Alzheimers, some say. Duh. These are giant overweight men on steroids banging their heads into one another.

And a few more, because I'm excited and in the mood:

*Many Christians believe this is all in the Bible, what is happening. Although translated over 16,000 times, my suggestion to these Christians is party hard and fast if the world is ending, because half of the world thinks you are NUTS:)

*Finally the good guys are rewarded. Apple, which makes incredible products, suddenly has more cash value than Microsoft, which makes CRAP products (control alt delete) and virus filters for their own software. I feel somewhat vindicated that the good can win. It seldom happens.

*If any of you are stupid eoughf to think President Obama is adding to or creating the oil crisis you are really missing some logic brain cells. This is merely a Roveian play to take every advantage of a world disaster and play it out as if "the administration didn't do enough." It's enough to make you smile. The Republicans are simply trying to "oust the President." By not agreeing to anything they've stalled any form of growth or change.

*If you trust any of the mega banks in anything that they are doing, you need counsel, and if you trust any part of Congress with the lobbyist game, and think the Tea Party (or Obama, for that matter) will bring revolution and change.

*71% of all white people in the U.S. support the Arizona immigrations "rights to profile laws," a radically right wing movement. Human rights are being taken away.



Now as to the market: No-one would have bought puts yesterday a.m with futures up over 200 points,and our open call was profitable up to 104% by 2.45 p.m.

Although this has been an exhausting week in trading we have traded successfully, some traders write, during the whipsaw made up to 17 profitable day trades on both put and call during the whipsaw. Admittedly, this is the hardest market I have ever traded, one I think no one really understands right now, but some are making big dollars off these "bets on the swings."

Think of your trading this way. It is "bets on the swing" around a system that tells you where to buy and sell and to treat options like a fruit vendor.

Have a Great Memorial Day Week-End.