We Had a Great Year

*Facebook raised 1 billion from Goldman clients. Somehow this smells dirty, pre- IPO, and that only the oligarchs can enter.

*”Will small investors ever warn up to stocks again?” It’s the hit line in Barron’s this week babbling about the run away from equities and the hedge funds and professional trainers, having loaded up on U.S. equities with cheap money pumped in the by the Federal Reserve is a classic sign that the individual investor will now begin to heavily invest in equities, as they have been, so that the pros can swoop in, take profits, and screw the investor.

And this will happen, but with lesser impact as the small investor is only sticking his toes in the water. I suspect there is less spare cash, more caution, more paying off of debt, and the market will continue upside throughout the year, with a few strong corrections to allow profit taking.

* The Canadian dollar holds steady against the USD, while the Euro breaks out this past week and surpassed $1.36.

*Of greater interest is that small caps lead much of the growth in 2010, until Oil came bursting up near the end of the year, yet last week we saw GE and the industrials lift the Dow. The Blue Chip Index rose for the 8th week in a row, leading with Google and Warner Music also breaking out. We may be seeing a shift to more large caps in 2011, and predict we will overall see stellar earnings as the restructuring have filled the money coffers.

* The big slime top 10 banks did not have a stellar quarter and all the ongoing slime that comes out about them puts the financial sector, so strong last year, on more even ground. In our Blue Chip option service we own a specific position in relation to large banks and our option we will continue to build inventory on.

* This week we will be reporting on all of our many open options, that are NOT listed on Stockcharts.com, and with the many sales we’ve made we will also be updating our StockCharts holdings.

* For Blue Chip subscribers the best way to keep up with the speed or day trades of Floyd’s option moves, with many self - repeating is to archive your daily Blue Chip alerts, and actually track with stockcharts.com and your own “Shifty Fifty” list

* I grew up a student of Wyckoff. One of the greatest traders, teacher, and theorizer Wyckoff sold a sold license to my Father, and Wyckoff Associates began, one of the first financial newletters with “taped” lectures by my Dad to his subscribers. I am doing the same thing, by internet and You Tube, and by having short videos online.

* From my childhood my Father taught me to learn, chart and study 50 stocks/bonds. When selling them, leave them and focus on who you own, then leading back to the same stock sold, and through point and figure charting see where it is in the cycle. We study fundamentals, the mood of the “common man,” and the cycle of things.

* For those of that read these alerts, you can learn to make a living buying and selling options by using and studying all the material on these award winning sites.

It’s actually quite cool, we’ve become world known in 7 years, award winning, and remain Terry in California running our web business, my daughter Jenn writing the alerts in the evening from Floyd’s calculations and formulas while sitting in her apartment in Southern Florida.

* And cynical Floyd, the now 60 entrepreneur with hands in several businesses, teaching the OEX and stock trading to actually sit down and make myself do the analysis. So many friends would see my pre market alert concept, how I limit news input, trust no facts, and have a general argument with the concept that free enterprise could work.

This is the story of who we are and how we began. Most traders are writing in with average returns from their Blue Chip trading at 38-57%, with an average at 44%.

We had a great year.

OEX traders it’s much more difficult to ascertain percent profits because so many of our subscribers are trading within different overall styles, from day trading, to watching the stock and trading for tight ranges, or the longer term holder. We have found the OEX and S&P indices harder to trade, with less volume, in 2010, despite the profitability of our trades.

Our system works with any stock. It’s just learning to fall in love with the stock, then the option, learning it’s nuances and cycles. We’ll be teaching more of that this year.