Oil at All Time Highs

WE begin with a full market week, in a world in turmoil, and oil at all time highs. The youth are speaking in the Middle EAST, nothing to do with Emperor Bush and his invasion of Iraq and claim that mass slaughter would lead to democracy.

Instead social networking creates a communication world in which the vast majority of the dictator led worlds say WTF? and why are there no jobs and no rights, while our dictators distort our reality,and steal our money.

We live in a world in which now the Pee Party and GOP claim credit for the greatest economic turnaround in history led by President Obama, and in a world in which 54% of the U.S. population believe that Stephen King wrote Moby Dick.

A friend of mine shared that in dictatorships they are often accepted and aided by an uneducated people and Floyd counters that this is also true in Amerika where we have union busting thought of as “stopping greed” when instead it is a GOP trick to cut union support so that they can take over the White House and restore their world order in the next election.

And we live in a world where the massive economic cuts being requested now are the very economic expansions led by the Republicans that now push for cutting the deficits that they created.

Last week was our first “slow trading week” for the OEX in months, because of the whipsaw that began questioning market upside, but in which we held above 12,000 by week end, and bullish percentages stayed high.