Wednesday, January 21, 2009

The Market Will Lead the Economy

We are here and it is now. Further than that all human knowledge is moonshine.

- H. L. Mencken


World history was made yesterday. A nation came together. This happened once at 9/11, and a major opportunity to unite our country did not occur. President Obama represents hope to the world, and is playing his role well. His job is to facilitate and get systems and people working together. And heavens, we need it. A world torn about by fraud and greed, and now fear for the repercussions of our excess. Supply side economics is officially dead. The middle class may soon be restored.


The market reaction was not euphoric, YET, but initially one of fear. The market dropped to 7907 on the theoretical Dow, in constant downside trading. Traders were only able to buy into the put recommended if buying above prior day close, but some reported doing so after following futures and selling for 70% profits. Others, that follow my buy no higher than prior day close, simply missed the put opportunity. We'll have our first stop loss on our open February call today.

We think the market will lead the economy, as it always does, and that there may be euphoria and relief in short term rally's, and bottom testing that occurs again. There is no magic pill.

Study our Dow projections carefully, as we adjust to show the bottom test coming first. We expected a top run first, another bottom test, and the over-extension count to the put continues, breaking all historical patterns for # of down days.

If you're confused....so is the world. Some day and markets are just not meant for trading.

Floydian Therapy:


People think a soul mate is your perfect fit, and that’s what everyone wants. But a true soul mate is a mirror, the person who shows you everything that’s holding you back, the person who brings you to your own attention so you can change your life. A true soul mate is probably the most important person you’ll ever meet, because they tear down your walls and smack you awake. Soul mates come into your life just to reveal another layer of yourself to YOU, and then they leave. This is my goal in Floydian Therapy. It can be around trading, or just around YOU.

Join me if you are interested in Private Counseling with Floydian Therapy:

Write me at : floydiantherapy@gmail.com

Sign up at: http://www.oexoptions.com/pages/FloydianTherapy.html

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