Thursday, October 21, 2010

A Full Moon

First, WHY did the market reverse 100% in a day; here's three motivators, besides that the market already planned it:
http://noir.bloomberg.com/apps/news?pid=20601103&sid=aehhyvh9Rg8U

http://noir.bloomberg.com/apps/news?pid=20601087&sid=arG9nBKDnArk&pos=1

http://noir.bloomberg.com/apps/news?pid=20601103&sid=a9o7o63mXBnA
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The theoretical Dow hit highs of 11,192 and lows of 10,930. Our open call hit 15.00 by 1.30 p.m. from buys yesterday under $11.00, and was sold in one day for great profits. We're hitting on all cylinders during the whipsaw. The calls were an easy buy and sell, and we're sure many traders may have taken entry to the opposing put we recommended. For those following futures and Bloomberg news traders would NOT have bought this position.

But if not market studying, you have a good entry. It's likely to have whipsaw and dual trading today, and we would take tight profits.
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American Express reports earnings after the market closes. Also reporting earnings: AT and T, Xerox and Nokia also report. Rush Limbaugh is still breathing. The average American still has only an 8th grade education. Corruption still reigns. The middle class is slowly being eliminated, especially if the tax cut game (support the rich) continues. In our Blue Chip option service I share an article of how I believe to Live, and find it appropriate to share, as this is how one learns to trade:

Tomorrow is a full moon. This always affects the market



Weaving Straw Baskets-Fifty Steps to Understanding

1. A rock is not hard.

2. We only know what we know.

3. We do not know what we do not know.

4. There is no real such thing as “I”, but I AM.

5. There are people that do not read at all, and many people that do not

read well.

6. The majority always leads, and always forgets history.

7. Everything is really okay.

8. Everyone wants to dance, many in different ways, many so they are

never seen, many so they wish they could be seen, and many that are

always seen.

9. Negotiation is the art of understanding FEAR and GREED.

10. The mood of the public is first trended by stock markets, which show

levels of optimism, and supply and demand in the market place.

11. Most things are manipulated by the few at the top of the capitalist

pyramid that control the outcome, no matter what is done.

12. We only have what we remember.

13. In our reality our mission is really to give, love, flow and make and have

memories.

14. Our perspectives can change in a minute. Values and goals can shift as

fluid water. What we thought becomes not what we think.

15. Money must be understood. It is a “construed value” commodity, only

worth the value that we put on it.

16. All of life works on supply and demand, and cause and effect.

17. You are what you decide

18. If you surround yourself with people “better than yourself” in real life,

and as models, you become then and synergy can be created.

19. Everything happens for a reason.

20. Neither political party is really right or wrong; it is cause and effect in

action, because the actions of the 540 in Congress are no longer led by laws, but by corporations. This will affect the world.

21. We are always: approaching a crisis, within a crisis, or recuperating from a crisis. There is “always something”.

22. Many of us live in a circle of pain, in which we repeat the same negatively dramatic action with a group of others, all interacting within a black comedy drama. And able to be resolved.

23. Most of us do not know really know ourselves. When I ask clients to “tell me about themselves” they tell me about their jobs, their possessions, and lastly their families. They never mention themselves.

24. Most that appears obvious is not. Most that does not appear obvious is.

25. We are all in therapy at every moment. Most of us just don’t admit it, or

use it.

26. We are here to learn lessons and will struggle through until we learn

them. They may be very simple lessons.

27. In all steps of the life experience, and the dramas, people tend to put

love in the background, or it becomes part of the events.

28. Love is life.

29. If you repeat an action many times, it becomes a habit. If you continue,

“using the habit” it must be something that you value, or the habit will

become instead a self-destructive tendency.

30. Unrealistic expectations occur from being dishonest with you. If you

expect success at something you must earn it, and few that are lucky

last.

31. The question What Do I Want is the most important question you will

ask yourself in your life. Your answer defines your happiness. The question is not to tell yourself what possessions and monetary dreams you wish to come true, but to answer, “What do I want”.

32. There are simple ways to release unwanted stress.

33. There are ways to learn to relax and feel better physically.

34. There are ways to be happy.

35. Life is typically unfair and a series of negative events that are

overshadowed in our memory by the positive events.

36. Few people enjoy their work, making most of their life TV, sleeping, or

doing something they do not like. These people lose their strength and

general well being as time progresses.

37. We are fearful of our bodies. Of sex. This is true more in the U.S. than

most nations, and is something to be studied. But in the meantime,

have more sex.

38. The old funeral question has merit “What would they say for my

epitaph, and who would come?” It goes well with a general personal and introspective look that we must do and only you can do, and that is to look inside and ask what you contribute, and if you are good.

39. Things are not as they appear. What we see is not what is, but only what we know so far.

40. Much of what is smart repeats itself, and is never done.

41. All the religions really say the same thing, and sadly it will be religion

that could divide the world.

42. There is no such thing as an absolute.

43. There is no real black and white.

44. We self sabotage often so that we do not “get something we want” as we

want to punish ourselves for things we have done we feel guilty for.

45. It takes discipline to perform. Discipline is our way inside ourselves, as

we become rather than think.

46. People cannot take in more than 5 tasks/thoughts at one time.

Learning to control input is key to knowing when you are at or “over

your threshold”. We all have a threshold in which input overcomes us.

47. More could be done in business, and in politics, if simple playground

rules “no cheating” were put in place before any “deal” and

a. Cheaters had to pay by doing public service, but that is just a

dream.

b. I want Tom Delay mowing that White House lawn.

48. Life is too short to do business with assholes.

49. Use your time. Have your goals around your values, but be armed to

stop believing even what you believe.

50. Be open to the world. Trust no facts. Question authority.

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Argue this fact. You have been hearing the reverse, in propaganda, and most of the world believing it:

http://noir.bloomberg.com/apps/news?pid=20601087&sid=a2kDMAOwVghA&pos=1

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