The end of the day sell off was appropriate, at 115 points, not too excessive, and thusly could now show follow through. At the same time, we've reached the very top of our Dow projections without extreme overbought conditions. Something will give when the euphoria fog of greed lifts.
" If the top 10 earners at Merrill had been given 104.5 million instead of 209 million last year, 104.5 jobs at $1million a year could have been saved or 209 jobs at $500,000 a year, or 1045 jobs at $100,000 a year. With these kind of numbers, conservatives should be worried less about creeping socialism and more about imminent revolution."
Laura Norman wrote the above to The Wall Street Journal yesterday, and it identifies the situation well.
Geitner yesterday shared that 1 of 3 jobs in the United States are "employed by AIG" in some way.
Obama hits the streets daily in the media blitz of our lives, to help the American people vaguely understand what a clusterf____we have, and that more unravels each day. I know clusterf___, also known as "goat rodeos" and I know that we have not even begun to uncover the frauds. False facts have prevailed for years.
Our Dow Projections are your trading tool. It's what I do best. Yesterday allowed profits for both put and call traders, if day trading, and for tight profits. It's quite easy to miss a large move right now, as we did Monday, as one never knows what now moves the market, other than a trigger that sets up moves. Market manipulation takes place without our knowing it.
We will continue to trade OTM put and call, open signal and new buy, settling for tight profits until we see the establishment of a further trend up. The count is now skewed, meaning the market is "waiting".
Join me if you are interested in Private Counseling with Floydian Therapy:
If we were just sitting together, drinking coffee, watching a sunrise over the Florida ocean, I might ask or impart:
*How do know when it’s time to be depressed?
*You are supposed to be right where you are
*Awareness, in of itself, is transformative.
*Do you ever stretch like a dog, and think like a child?
*Life is a meaningless play going nowhere for no reason.
*Be in the world, but not of it
*What if it was here, what if it was now, what if it was already done?
*If you can observe, you won’t have the resistance
*We have a choice in how we respond, or even if we do
*Resistance is simply focusing on what you don’t want
*Focusing is making internal representations of what you want, or don’t want. It’s your choice.
*When you focus on what you don’t want you feel pain
*We can have control over what we focus on; there really is a law of attraction
*Put passion in the goal you are visualizing
*Whatever is happening to you, you created
*We chronically focus on what we don’t want, what we don’t like, and what is wrong
*Actions must be good to really work
*You can’t change people from their developmental level. I teach from a style of spiral dynamics, a way of understanding people
*Depression happens when you don’t get what you want, or feel controlled.
*Speak to people where they are; not where you are
Write me at : floydiantherapy@gmail.com
Sign up at: http://www.oexoptions.com/pages/FloydianTherapy.html
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