Thursday, May 24, 2012

It really says it all

'Full Sky Aurora Over Norway' Image Credit & Copyright: Sebastian Voltmer: Higher than the highest building, higher than the highest mountain, higher than the highest airplane, lies the realm of the aurora. Auroras rarely reach below 60 kilometers, and can range up to 1000 kilometers. Aurora light results from energetic electrons and protons striking molecules in the Earth's atmosphere. Frequently, when viewed from space, a complete aurora will appear as a circle around one of the Earth's magnetic poles. The above wide angle image, horizontally compressed, captured an unexpected auroral display that stretched across the sky one month ago over eastern Norway.
It really says it all. We create war and argue the meaning of leadership or debt, while the world turns. The Face Book mess is now in legal channels; for example I own both puts and calls and actual stock, and it only shows up once in a while. Under or overvalued, FB is very much an integral of the new technology industry that is going to save us. The market dropped another 156 points by 2.35 p.m., held at the support line, and we wait for where it breaks. GLD is both a good long term buy right now, but a terrible short term trade. Nenner sees oil hitting 68.00, and that Copper should be sold if a close below 3.55. SLV is not a good buy. Sadly there is little to buy, and we will not participate. By the end of the day the market had hit even, and amazingly some call holders actually made profits, if they were buying shopping yesterday. We believe there will be a rally.

Monday, November 7, 2011

G-20 Ends With Little to Show

The first week the Dow slipped in a slippery battle between support and resistance. Bulls see highs of 12,746, with a potential drop to 11,890 before or AFTER this move; Floyd continues to see whipsaw but upside through December. Now is the time ALWAYS to lock profits when you can. G-20 Ends With Little to Show http://online.wsj.com/article/SB10001424052970203804204577017353037510564.html Dow Snaps Win Streak http://online.wsj.com/article/SB10001424052970203804204577017512073206828.html ____________________________ Economic Calendar: http://www.bloomberg.com/markets/economic-calendar/ We are enclosing 4 Dow and and OEX Point and Figure charts showing the bullish % and the area above 50 day and 200 day moving averages. We saw our first slippage this past week We are also leading off this week with charts as our conversations this week will be entirely about existing holdings, current recommendations,and where equities now play an even more important role The test of our progress is not whet ether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little. FDR (Many Christians will find this socialistic jargon as giving is only IN the Bible, not over sharing) ___________________________________________________________________________________ At OEX Options we offer an advanced mentoring service to a limited group at a time. Our approach is legendary in that we have no course, no book, and all is customized to the client. Study: http://www.oexoptions.com/AdvancedMentoring/AM.html I find most fascinating a recent subscriber at 20 years of age, my youngest client yet. I require of students that they they a number of psychological tests and also write a letter to me answering a series of questions . This letter has been slightly altered to protect confidentiality, but is presented along with my responses to the client and an analysis if his psychological testing. What AJ is learning about himself is how we teach you to effectively trade. His Letter: "I was born in India, Punjab, on November, 08, 1990. My dad was a farmer; he came to United States in 1999. In 2001 me, my mom, brother, and sister came to the United States. I started school in 6th grade. I didn’t know any English a lot of kids made fun of me and I didn’t know how communicate with them. That motivated me to learn English rapidly. As years progressed I learned the language. I started high school in 2004. On my senior year I took a Pharmacy tech course. I completed my pharmacy tech course, got my licensed, and graduated from high school in June, 2008. Right after high school, I was looking for a job as a pharmacy tech. They were paying about $13 dollars an hour. I thought I would save up and look for a business opportunity. I applied at various place but didn’t get any response from any employers, they were all looking for experienced techs. So, I started working at Subway for part time and started college. I saved about $6,000 dollars and I was looking to invest it. " I started searching online for opportunities, while I was doing that, I came across a website that was teaching people how to sell insurance and become an Insurance agent. The fee was $5000 dollars, so I decided to drop college and pursue that career. Andy xxxxx was the fellow, who taught that course. I did some research and started building a relationship with Andy. He really liked me, and he was a good man and still is. I was only 19 years old. While all this is going on, he happened to be starting a company. He wanted me to be part of it and I was really excited and I said yes. The company he started was selling insurance leads to insurance agents. I worked as a Sales rep. Did that for about 4 months wasn’t making and money and the company was failing. He decide to hire a Manger name David xxxxxxxi . I started working with David and built a good relationship. David was a insurance agent as well and on the side he had his own business selling exclusive insurance leads to the top companies who were selling those insurance leads to agents. I wasn’t making any money with the company. David decided to offer me a job. It was from home what I would do was input the insurance leads in the data base of the companies that were selling those leads to the insurance agents. I was making good money about $3,000 dollars a month. I did that for about 7 months. David was also a day trader. He traded crude oil for a living. He got me into trading crude oil. I was really interested and I wanted to do it as well. While I was working for David inputting the insurance leads. He was paying me every 45 days. I trusted him, we had a good relationship and he started teaching me how to trade crude oil. He introduced me to a trading room. I started trading and I lost about $5,000 dollars first. While that happened I talked to David I told him I lost $5000 dollars. He said that’s just the learning huddle. He said he lost about $15,000 dollars when he started. That gave me some hope; I stuck with it and lost another $5000 dollars. While all that is going on David had owed me $8000 dollars. He said he was going pay me the next week and he was going on a vacation for 4th of July. After that day I never heard back from him, he still owes me $8000 dollars till today. I called him, left him voicemail, emails, and still haven’t heard back from till today. Now I’m here writing this letter to you. *What would your Father say about you? My father describes me as a hard worker, responsible, mentally tough, mature, and good money management. If even though I lost a lot of money investing. He still believes i will be successful one day. *What would your Mother say about you? My mother describes me as a loving, caring, takes care of my younger brother and sister. Setting good examples for my brother and sister. *Do you want a physical relationship with a man or a woman? I want a physical relationship with a woman. I am currently single and not looking for a relationship. I think I’m not ready for another relationship. I don’t have the time or the energy. I am really thankful of having a father, mother, brother, sister and my dog to keep me busy right now. *Do you feel denied anything? I don’t feel denied of anything. *If you were seriously going to invest how much money could you manage to obtain, outside of the 2k you have now? If I was seriously going to invest I can manage to obtain whatever I have saved up at the time I am ready to invest. I wish I had more money but I don’t. I can save a lot of money. I don’t like wasting my money on things I don’t need. I don’t go out a lot just because I don’t to want to spend money. If I go out I know I am going to end up spending money. *If you were rich what would you do? If I was rich I would still invest in real estate, business, stocks and etc. I would also give money to charities, help people in need. I rather have a big impact on someone’s like then go spend my money on something I don’t need and make someone a small profit. *What is rich? How much money you make in a year? (What is a lot?) I personally want to be a millionaire first then a billionaire. That’s my goal and a dream. Will I achieve it? I don’t’ know but I will give my 100 percent. I do not want to worry about money, not worrying about paying my bills. Knowing you have a skill to make money anytime. It’s not that I’m greedy I just love watching my account grow. I want to grow my account with smart and sound decisions. *What do you want to be when you are 30 and 40? When I am 30 I want to be successful, hopefully on my way to being a millionaire. I know it’s not that easy to be a millionaire and it’s not going to happen overnight as long as I know I am trying my best at it. I want to get married someday and start a family hopefully when I’m around 30 but I don’t want to get married till I’m not financially satisfied. I want be able to support my family and give my kids a good role model. When I’m 40 hopefully I am a millionaire by then. *Where do you want to live? I want to live here in southern California. I can’t imagine myself moving out of here. I grew up here this is my home. It would be just strange leaving somewhere else. *Who do you hate and why? Who do I hate…..? I don’t hate anyone. If I dislike someone I just completely cut my communications with them and my life goes on. *Who do you tolerate but just barely, and why? I quite don’t understand this question. *Are you worried about your future? Yes, I am worried about my future especially at this point of my life. I think its make or break point of my life. I want to be successful, be able to support my family someday. * Why do you want to trade? As compared to “play the horses”, trade and buy/sell? I want to trade because I am really into it. I am really fascinated by trading. I really want to learn how to trade. I know I will give my 100 percent to learn and get educated about trading. I am willing to do whatever it takes to become a professional trader. I want a skill that I know I can make money anytime and that to me is true freedom. * Do you believe in religion? Which one? How much? How does it influence your life? I do believe in religion. My religion is Sikhism. I grew up with the religion. My parents are very religious we go to temple twice a week, every Wednesday and Sunday. Being a Sikh influenced my beliefs it taught me to help people. We believe there is only one God and all human beings are equal. * If not to above, why? * Do you masturbate? If so, how often a week? If not, why not? I do masturbate about 4-5 times a week. I am still a virgin that’s do to my religion. You’re supposed to be a virgin till marriage. * Are you more attracted to women then men? I am more attracted to women but I would prefer to have men has my friends then women. When you have women as friends it just complicates your friendship with each other. Having male friends I am more comfortable. Having a female companion is a different story. I will have a female companion but male friends. *What is your favorite color? I don’t really have a favorite color. I like anything that goes with the fashion. *When we have a week to do anything, no limit to cost, what would we do, where would we go? If we have a week to do anything and unlimited money. I would go help people in need. I know that today a lot of people live in poverty. What we have Is nothing close to people have in Africa, India, china and etc. I would also help animals in need. A lot of animals are abused, mistreated, and without homes. I want to start an origination with good hearted, genuine people that will help people and animals. In today’s world we need more than one person to make a change. Please answer these questions in as detailed a fashion as you can. I am also enclosing a psychological test. Please complete, score, and send me the results page" AJ utilized a version of a Myers Briggs psychology test that I use and scored a strong ISTJ. ISTJ introverted-sensing-thinking-judging Quiet Serious Practical Dependable Loyal Steadfast Responsible Sensible Patient Conservative Values hard work and honesty What AJ shows me immediately is that has introverted, high work ethic, deep respect and works and thinks. I know already he will be successful and am now ready to start recommending what to do next. Our Core Book Library lisiting on the website lists books Floyd sees as valuable and the first book any of us should read in Tom Dorsey" Point and Figure Charting. For those for more beautiful charts and more deep explanations consider The Definitive Guide to Point and Figure Charting by J. De Plessis. I personally have read Dorsey's book at least 40 times. Much of it is also outlined in the movies in our password protected area. So AJ, you are one wonderful young man with work ethic. I am proud to have you as an immigrant and you are what makes The United States of America. _________________________________ MOVIE COMING THIS WEEK: MORE ON ILLOGICAL LOGIC. We are receiving huge positive feedback on how to learn to argue with the fundamentally illogical. This week we also will be going over a great number of our existing holdings and buys and sells in equities. It has actually been easier to profit on equities than options with this type of volatility. Prepare soon for a shift in Treasuries and some new option plays, and pay particular attention to our stock lessons this morning.

Sunday, October 30, 2011

We Don't Have the Capital to Support Capitalism

The first trading day in November the Dow has been down 4 of the last 5 years, but up in 2009. We don't have the capital to support capitalism. So the sovereign debt end of the world players speak, and I predict we will have a euro crisis ( in process) that could and should lead to a United States of Europe. Gerhardt Schroder writes in The Christian Science Monitor that the wold order is so shook now that this is likely to occur. Mr. Schroder is the former Chancellor of Germany, and a member of the Nicolas Bergruen Institute 21st Century Council. This is not JIm Cramer, but someone smart. Done right, Sarah Palin fans, we will become a GLOBAL POWER. Click Here for a listing of a number of his articles and thinking. Cheniere Energy just signed a game-changing deal. On Wednesday, the liquefied natural gas (LNG) terminal operator signed an $8 billion deal with international natural gas giant BG Group. The 20-year agreement includes BG exporting natural gas – from the U.S. to Asia and Europe – through Cheniere's Sabine Pass plant in Louisiana. The Sabine Pass is an 850-acre LNG transportation facility. It has a 40-foot ship canal and five tanks capable of storing over 17 billion cubic feet of natural gas. The facility is 90% owned by Cheniere. It's expected to export LNG oversees by 2015. We would and will hold only CHK (Chesapeake Energy and Cheniere Energy (LNG) in the long run core holding to natural gas. This sector has been flat for all too long. Last week all of you lived to go short. Every day at least 5 to 10 subscribers begged me for a put signal, and begged me to explain WHY the market was going up. Because of the negativity in the world conversely few asked what was going on as the market headed to oblivion a few short weeks ago. We also now have proof the Pee Party came in "representing the people", became Pube Puppets and our Congress remains frozen. They came in naive, all having read the Constitution perhaps once, and all believing in Christianity. Overall there is Dow support at 11,398 and resistance at 12,400 area. Over the long term (6 weeks) we see a bull market, perhaps the top for the year.

Sunday, October 23, 2011

The Power of Stupid People

Commentary: NEVER UNDERESTIMATE THE POWER OF STUPID PEOPLE IN LARGE GROUPS. This is one of the most important things I will ever teach you. The History Place - Rise of Hitler: Hitler Runs for President http://www.historyplace.com/worldwar2/riseofhitler/runs.htm This is an interesting article to show you WHY some run for President and why there are certain times in history that someone is elected that it's done on country psychological need, despite the absurdity of the person From MP, again. MP is a trader that fought every part of our system, broke every rule and drove me nuts for several years. He persisted in not following the rules, using his religion in stock trading and has now hit his groove. All of his trading methodology is based on Floydian logic. I'm really proud of him. "Hey brother.. For starters...I want to thank you again for your support and encouragement...our relationship is not only making me a successful trader...but a better husband and Father. I'm learning so much from you and it's all beginning to click.. Last night I sold the Euro Dollar at 1.3790 and bought it back at 1.3740 for a quick 50 pips..and then I began my day by buying the euro dollar at 1.3805 and selling at 1.3890 for a solid 85 pips of profit... You know..Jared Martinez from Market Traders Institute insists that if a person can net average 100 pips of profit per week or 400-500 per month...then he or she can become a millionaire... Since July...I've been averaging 100 pips of profit per week..EASILY.... Now listen....I'm no where close to being a millionaire...but I'm learning the skills to getting there! And much of what you taught me I have applied to the Forex market... _________________________________________ Anyway...I had some errands to run today so I didn't have much time to trade after 10:00-10:30am... But when I saw the DOW hitting 11,760 and the OEX hitting 559 at about 10:15 eastern time...I couldn't resist and bought my Dad the 560 NOV put for 17.40..... I knew this was a key resistance level and I figured she would stall and retrace to at least the 38% fibo level for the day.. If the low of the day for the OEX was 549.83 and the high was 559.14...the 38% fibonocci retracement was roughly 555.60... So I bought the put at 17.40 and used my theoretical pricer on my trading platform to see what my option would be worth if the OEX hit the 38 level at 555.60...I was given a range of about 19.40-19.70 at that level... So I put a sell order in for 19.50 and went out to run errands with my daughters.. Came back 2 hours later and she was easily filled as price because she actually retraced to the 61.8% level...I could have made another 1.00 per contract but seriously? How do you know? I wasn't even home to watch it...So for me the safest play was the 38% retracement level..especially since I couldn't monitor the computer... So once again...thanks to you...I made my Dad 12% on his money in 2 hours...and I was out doing other things! Total winnings on the year are now up to $19,000... I feel as though I've learned a great gift..your patience with me is finally paying off!! Thank you my friend. Enjoy the weekend." Here''s the trigger points for this coming week: http://www.bloomberg.com/markets/economic-calendar/ Here's what the chartists tell us. -- SPY AND DIA MAKE BREAKOUT BIDS -- CONSUMER DISCRETIONARY SECTOR LEADS HIGHER -- STEEL ETF AND AIRLINE ETF FORM FLAG CONSOLIDATIONS -- HOMEBUILDING ETFS GO FROM LAGGARDS TO LEADERS All free governments are managed by the wisdom and folly of people and are far from truly free. We live in a plutocracy, not a democracy. James A. Garfield, 20th President of the U.S. What has stood out most in our successes as a stock and option trading service we'll be repeating again this week, as many of you lost money on sale of "basket stocks" we owned but paralyzed in buying blue chip stocks up and taking back the profits. Study our Dow projections as we've exacted the science of how to trade off the Dow and S/R lines. -- there is a zen to art of trading. Be it.

Sunday, October 9, 2011

Illogical Logic

I have steps to our dialogue this week: 1. We are entering our 5th week in the same Dow Cycle. Highs are possible as October ends the Dow's "worst six months" and the "correction" occurred. Doomsayers may go back under the rock for the time. 2. Today is Columbus Day so the banks and government are closed. For those of you with good minds, please piss on them. The rest of us work. http://www.bloomberg.com/markets/economic-calendar/ 3. "Even being right 3 or 4 times out of 10 should yield a person a fortune, if he has the sense to cut his losses quickly on the ventures where he has been wrong." - Bernard Baruch 4. Money was made so many ways last week I'm still surprised. Many traders day traded stocks (such as MP with his wins for his Dad and himself going in and out of just a few stocks), or in retiring 20% in two weeks in a stock recommendation 5. OEX option trading is harder than it has ever been because the swings are so volatile and huge that premiums and erosion planning vanish. Watch all of our signals during this time period and don't be geared just to an option. Volatility is so extreme that we have to use extreme prudence in any trade. 6. "The most successful positions I've taken have been those about which I've been most nervous, but ignored the emotion. Courage is not about begin fearless; courage is about acting appropriately even when you are fearful." - Daniel Turov 7. I have learned in trading commodities, or cash derivatives, that the law of supply and demand is first led by the law of cause and effect, not the usual reverse, and commodity futures are more on "money" than supply and demand. 8. Nenner believes that Gold cold reach 1700 and Silver 34.00 yet still be in a corrective cycle. Cycles bottom by the end of October. 9. Oil may continue to rally as long as we don't have a close below 81.00 10. I believe we are at or near the bottom of this cycle. It appears we've bottomed but we'll watch a day or two and then continue building long positions. As you know Floyd has been buying equities in our existing portfolio for the last 1000 points of drop, insistent the market is being manipulated for short term gain and political plays on the parts of the Pubes. For those of you not clear on Pubes it is my nasty name for pubic hair Republicans that are acting as our leaders. I'm embarrassed right now to be an American, and I do not believe we the either the most powerful country, nor the greatest, on earth. Our hubris amazes me. 11. Natural gas continues a flat cycle. We still like CHK as a good long term Natural Gas play with a CEO that buys into his business and runs it like a complete crook. Chesapeake has a good long term cycle to it. I spent the last two weeks on a great experiment in psychology, human nature and the character-ology of the personality type that "must be right" and to "win" uses a form of logic that is indisputable. I believe this form of logic so frightening, maddening, and damaging that I've been commissioned as a consultant to prepare a study on this type of argument, and I'm beginning an article and lecture series on how "those that must win" (evangelical Bible Thumpers are a perfect example) use a form of logic within their verbal or written argument to you that makes it impossible to respond. It's called Illogical Logic. You'll see several movies on this over the week as its' a clear way how to beat yourself, and beat the market. _____________________________________ Floyd's Favorite FAQ of the week: "Everything I read on CNBC and in the news shares that the market has no financial strength and that Obama's debt will take the stock market down Why should I trade?" 2/3 of the sovereign debt increases that have occurred since 1960 were signed in by Pube Presidents. 71% of the current U.S. debt was accumulated by George W. Bush. It is rumored that George is now reading every day. He told 60 minutes last month that he reads the Wall Street Journal. Wow. HIs skills are up, he is reading, but it's Murdoch lies. If one adds amortized debt for increases in existing, NOT NEW, government issues the debt that Obama inherited was 81.3% of our overall debt. The reader is being influenced by illogical logic. Take prudent risk Last but not least I am getting ready right now to BRIBE you. Please be open. For four years our little company of myself, daughter Jenn, the apprentice, and Terry Brown, my partner and webmaster have managed to build one of the top ten Readers's Choice Option Advisory Services (2008 thru 2011) and it's my proudest personal achievement. It is for three reasons: 1. Dad is long gone but he would have been proud 2. We started with nothing and have built this ourselves 3. Traders world wide compliment the unique style and methodology we use. So here's my bribe: -Read the attachment that came that offers you a one year FREE subscription to Stocks and Commodities Magazine merely for subscribing to OEX Options. For those of you that are already paying (not on trials) subscribers your subscriptions are on order and you'll be receiving notification shortly. If you already subscribe I'm sure Stocks and Commodiites will combine your subscriptions. -Find your customer # of the magazine and help to vote OEX in as one of the top ten Readers Choice Options Trading Systems. Here's how: 1. Go to http://traders.com 2. Top right there is a box that says 2012 Readers Choice Awards 3. Sign in and enter your new subscription # and last name. 4. The group Options Trading systems is on page 4 of their website. Vote for us! 5. And finally, don't forget, go page 5 and hit submit! SUCCESS! You have really done all of us a favor and you have been bribed. Better yet you get a full year subscription to the best trade magazine Stocks and Commodities in the industry! PLEASE DON'T FORGET TO HELP US. VOTE!! DEADLINE IS DECEMBER 31ST, 2011

Sunday, October 2, 2011

Question All Authority

Commentary: Please log-in to view the movie on the website today for a verbal update on this weekly commentary. And also do the following three things, to learn stock market success: 1. Question all authority. 2. Question all government, voting facts, and corporate facts. Most are lies. 3. Distrust anyone that believes it is harmful to them to let others have more. These are people that have not learned what humanity is. You have no time for them. The chartist point of view: -- OVERSOLD GERMAN STOCKS ARE TRYING TO STABILIZE -- GERMAN ISHARES ARE ALSO TESTING SUPPORT AT THEIR 2010 LOWS -- FOREIGN ETFS INCORPORATE DOLLAR TRENDS AND, IN MY VIEW, ARE BETTER TO CHART -- NASDAQ COMPOSITE STALLS AT 2600 RESISTANCE -- AN OCTOBER DROP COULD LEAD TO MARKET BOTTOM -- FALLING RATES AND RISING VIX ARE HELPING UTILITIES Real Facts: This is my anger and the point of the dialogue we will create this week about illogical logic. This occurs when you are arguing with someone that argues illogically; in the end, you are bound to lose 71% of the current U S debt was accumulated during Republican presidential terms. 2/3 of sovereign debt increases have been signed into debt by Republicans since 1960 In 1961 the average American corporation paid in 40.5% in taxes vs. 10.5% in 2011. These are examples to show you how you have been mis-led, and how you begin to believe the misleading as the fact when it is the reverse. Another example is to see the illogical person take the real fact and when answering it change the subject. This is called Illogical logic and is an article I'm preparing to share with all of you this week, that I use in my consulting practice. Read this carefully. This is after eight years of Bush creating "Leave no Child a Dime". Ask a teacher what they think is going on with our educational system. In Texas we have re-written the history books already to make it all look good. I am trying to show fair perspective but here's a quote to show just how fucked up we are. I will bet that 98% of the U.S. does not even know what quantitative means or is, and 1% misunderstand it. From an economic standpoint I have seen no other point of view or plan that resolves a forty year problem. Further, from the Pubes or Pea Partiers, I hear nothing. They have told me clearly, and you too, all we are doing wrong. I have yet to see any portion of any plan, of any response. Answering "getting out of debt" is tough for me when they accumulated 71% of it. Here's a sad story: The question was What is an American? The correct and only correct answer is: Someone with a green visa card up to date, a passport, and citizenry in either the U.S. or its territories or Canada. Below I've read a typical "OMG" email. The rest of the linked in group seemed to forget that there is a South, Central and Latin America. When reminded they "did not see this part of the world as "the question asked) WTF) or better, "people all over the world see Americans as U.S. citizens. They do not think of Canada or the other countries. WTF? These people are allowed to vote? LinkedIn Groups... Group: Leadership Think Tank Discussion: Define What is an American. A USA american is the sucker who will never have the retirement or any other benefits he was promised his entire working life. He is being cheatred out of them by the very polititions he elected to protect and serve him. They have been paid too much graft for the last 100 years to care at all of the people who put them in power these warnings were even made public in the 1930,s by Jimmy Stewart. Today your future is being stolen from you by devalueing the country thru this new thing called Quantitative easing which is stealing your savings and purchasing power as fast as it can, not only in US but Europe as well. The major american corperation that has stolen the very life blood of that once great country now reside worldwide keeping their ever growing assets outside the country that nurtured their growth and they bled to it's last breadth. I truly feel sorry for americans for they are too stupid to even know what is happening to them. Floyd: this is illogical logic. There is no proof, validation, or economic back up. Just a theory. And he blames the politicians. Please remember it is YOU as an American that voted for George Bush twice. I blame Americans, not politicians. We are what we decide. We are close to doing the same thing again. This man blames "who" for this. He has no idea that the banks almost all closed the first week of Obama being in office. Long after Paulson had given his friends all the 785 billion FAST before the term was up. For those of you that would like to get past lobbying and want the tax answer: legalize pot. Read more at http://bit.ly/mOQGZ6 This is reverse logic. The liquor companies lobby against this, as do the "religious right". We miss a mighty tax revenue in the name of absolutism and prohibition which of course fails -- STOCKS SHOW LOTS OF MOVEMENT AND NO REAL CHANGE -- DECLINE IN ADX REFLECTS LACK OF TREND IN SPY -- XLK AND XLY FAIL AT KEY RETRACEMENTS -- RETAILERS HOLD THE KEY TO XLY -- NYSE AD VOLUME LINE BREAKS AUGUST LOW -- AROON DOWN TRIGGERS BEARISH SIGNAL IN NY COMPOSITE

Saturday, September 17, 2011

A Love Letter

The week after September triple witching the Dow has been down 16 of the last 20; this could be proven true as we reached market tops Friday and hesitated OR could be a good trick to see the market fool us and hit new highs before correcting. To all those telling me that the USD was being ruined by President Obama please stick your fingers in your mouth and go back to economics school. The USD is only one method of currency, and all currencies change value throughout time, including Gold and Silver. 2 out of 3 of the debt ceiling elevations that have been signed into law by Republicans have been 2 out of 3. Funny how what is happening now is SO different. Another incredibly profitable OEX week. As always, when I pick so well for an extended period of time I become much more prudent and risk conscious. The market will also beat you; not you the market. It is what it is teaching you. Economic Calendar: The FOMC talks this week http://www.bloomberg.com/markets/economic-calendar/ The chartists comment on last week: -- CONSUMER DISCRETIONARY SPDR RUNS INTO RESISTANCE -- NASDAQ AD LINE HITS NEW LOW AS NYSE AD LINE BOUNCES -- BIG TECHS LIFT NASDAQ AD VOLUME LINE -- BANKS WEIGH ON NYSE AD VOLUME LINE -- CUMULATIVE NET NEW HIGHS LINES REMAIN WEAK Track Record Three Weeks: We have had only one losing trade in three weeks on the OEX. Many traders have been able to trade two or three times a day. We have traded contrarian to the market most of this time. Friday ended right at our resistance line of 12,540 with many subscribers to now "reverse" and make money as the market corrects. Greed is a flag here, as we read Dow projections and note that there is possibility of more upside, and the U.S. seems a bit less concerned about the Euro, for the moment. A serious love letter and what it means to you: "First off I want to apologize for the length of my letter, I just felt very compelled to write to you. I have been trading since the early 90s - at times very much full-time, and at times very sporadically. I've lost my shirt. I've had moments of wonderful success, only to give it back again. I have spent tens of thousands of dollars on training. I even started to look at my emotions, but ultimately couldn't get passed the fear and greed, glued to my screen tick-by-tick, even if my trades were position trades. In parallel, I have been on a spiritual journey for as long as I can remember (who isn't ultimately). But at some point I began to experience a deep shift. I began toexperience - and therefore know deep down - that I am the creator of my reality. Not an influencer...not a mere participant...but the direct creator of my experience. And the more I "clean" beliefs and emotions that no longer server me, the more I experience what I truly want. And this is how I re-connected with you and your extraordinary work. I say "re-connected" because I was an OEX Options subscriber a few years ago, but was still so deep in unconscious / emotionally-driven creation that I just didn't see the wisdom of your work. I was a subscriber for probably a month or two. But I re-connected with your service after a series of contemplations on freedom, ease and abundance: how to live my life in great abundance, great freedom, great joy. And your face popped up in my consciousness. I immediately searched my email archives (I no longer wait when I have such insights), signed up for your free trial and started trading on a virtual account (I don't have a dime to trade with at the moment). I can hardly believe the result: not only have I increased my $1M+ virtual portfolio by 40% in just over 2 weeks, but more importantly, I have accomplished this in virtual calmness. And the rare moments of fear and greed were met with a keen realization that these feelings no longer serve me: they are opportunities to further embrace and clean my negative emotions. I always had the hope that I could make a living trading...now I know it's absolutely possible, especially with the wisdom you offer. I know that with you trading can be as much a spiritual journey as a material celebration of our divine nature. I no longer separate these two "realms" and I have chosen to consciously live out my life this way. The funny thing is that I recently stated out loud that I wanted to meet individuals who consciously embraced this point of view. When I watched your introductory video on your homepage, I smiled broadly when you said that you are a zen buddhist. I knew then that my re-connecting with you was a direct answer to my request. Every moment of everyday I now focus on the following vision: I AM trading a $100,000 account, easily living off a portion of this steadily growing trading account. I see myself as an apprentice in your advanced mentoring program, continuing my journey to learn about myself and grow as the creator that I AM. I see this vision manifesting immediately. I am honoured to have come to discover you and your work, and I look forward to continuing my journey with you." Very Sincerely, Marc-Elliott XXXXXXXXX I share with pride the letter from Marc-Elliott XXXX as it is why I am here. I do not need to have this service to make money. Many of you must wonder that? If he's so good why does he teach others and not just get rich? For other services I can't speak, and it's why our service is really geared to floor and market maker traders blended with the new trader because my perspective is unique in the market. I want to teach, to show that a rock is not hard, that we only know what we know, that we are lied to more than told the truth by all authority, and that organized religion should be immediately distrusted. My goal is to see you "beat yourself' as the game is not about how much you know about a stock or option, but how much you know about you.