The State of Currency as Commodities

No, god of financials. I am not afraid. FEAR = False Evidence Appearing Real. This is what happened yesterday, all before the 3 p.m. closing hour, which I consider telling only of the electronic trading.

1. The market hit new theoretical Dow bottoms of 10,945, right within our Dow projections.

2. A return to 10,776 means that only the day trader in stocks and options got shellacked again, as all the profits are gone. At www.bluechipoptions.com we progressively sell off.

3. A bottom test we believe will be short lived with a euphoric upward run back in the 11,500's and leading higher. We may have several bumpy corrections in here, and this sell off was well needed in an oversold market. This was very much a key date to the market and the sell off was solid.

Investors in our Dec OEX 560 Call should now have an averaged second buy cost of 1.70, with a new stop loss date. We believe this signal could now rebound in 4 market days

Read current signals carefully as our profits were astronomical high these past three days.

There is a bull market coming. Short term, but a good burst and a chance to perhaps not get shellacked, and learn to trade fast, as in today's world intrinsic values can change instantly.

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The state of currency as commodities and how they are interpreted is an important part of option trading. When the USD was worthless a few weeks ago, Gold and Silver were hitting all time highs.

Now the Euro has slumped to the weakest point in more than a month against the dollar as concerns again over Europe's simmering issues with sovereign debt.

China has become a bit concerned that the U.S. is making their massive Treasury investments of less value and we have currency fights with China. The theory of a one world currency is that of oligarchs, and the one of a gold standard solving the issues well beyond their mathematical skills. There is now not enough precious metal to cover the paper debt.

What a state we're in.

When watching futures watch Gold and Silver also, and the USD against the Euro. It's the start of a currency war.