Wednesday, August 25, 2010

The World is Rotted in Fear and Hate

First, it is this division, this hatred, this confusion that is influencing our market: http://www.huffingtonpost.com/russell-simmons/the-sacred-ground-of-deep_b_691001.html

Please take the time to read this article as it shows the hatred and false facts that have created the insurgency of confusion, and made us a fully divided nation.
It is partly this mass mesmerism that took the market to new bottoms yesterday, simply because so many traders and people had taught themselves to believe what is supposed to happen.

Futures showed downturn prior to opening, so no new signal to the call was taken, but a second buy was. We see our call as a good contrarian move, as.....

We are at a turning point. The market hit a significant bottom at the theoretical Dow low of 9951 yesterday. As you study our Dow projections it's the first step down to a negative progression, but can also be a short term bottom with upside back to midlevel Dow projections at 10,400 area. This market scares everyone to trade, and people are running out, going to cash, afraid of equities.

It should make it a strong time for OEX Options, as we've seen with our profits this past month.

Thusly, the call you own may surprise everyone, and suddenly be hugely profitable, AND because the market moved back above 10,000 and held, barely.

Gold hold steady, Silver rose, and the rush to safe U.S. paper bonds, TLT, etc, rose, as yields fell.

The world is rotted in fear and hate. We are a serious turning point.

________________________

Edgar Cayce, the spiritualist, once predicted a time would come in the world (what some mistakenly think is the Apocalypse) in which so much change would come that the world would have a final decision to make:

1. Work with one another, and build harmony. Do what is right

or
2. Create a world of oligarchs and peasants, and lead us down more ultimate levels of self destruction of ourselves, and our earth.

Hmm.

Whatever you believe here, I do believe we are at one of the greatest turning points of all time. Everything seems up for stake, from what the value of currency is, to what is right and wrong, to where bi-partnership has folded to the ground and our silly Congress gives themselves more money, we let them, and no bills can pass. There is such hatred and intent to destroy, to "get back" that we see a nation paralyzed, and jobless.

And worldwide we see economic, environmental, and emotional dis-order. Communism spreading in Central and South America, Israel the warriors ready to declare nuclear war on Iran, and our taxes are going up.

We print money.

We think Obama is a Muslim. 23% of us.

Our educational levels are at all time lows.

We appear to not be a nation of power, but of confusion.

This influences the stock market as no one believes anything. We rush out of equities while others buy up what they see are undervalued equities.

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