Friday, October 9, 2009

Big Talkers

The market flat lined just enough to bore everyone, up until 3 p.m. 9780 as a high, and 9635 as a low, but options trading tightly.

In periods day traders were able to eke out tight profits, or break even. We continue to hold puts.
The market will clearly either break resistance lines shortly and hit 9950, or break down again. We are in a waiting game.

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I especially love the "big talkers": Texas GOP Lawmakers Who Voted Against Recovery Act Now Beg For Stimulus Funds
And I'm proud to be an American, that has allowed our own dollar to have little value: http://www.breitbart.com/article.php?id=CNG.e272eaa74dccc30f21c6ff7638b0f37b.461&show_article=1

It is important to note that Gold is 1042.00 while the USD falls. While world currency is seriously being discussed.
Often smart negotiators do not win, but look to ways in which the compromise benefits them.

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