Market is a Time machine out of the recession.last update 9:39 short at $49.85 move.stop down

1/5 of the way through earnings season and not really so bad-doomsayers have shifted their reasons for the why the market will sell back off from earnings to unemployment. Last I checked if a company makes money the stock goes up! And regardless of what they are saying many companies are doing just that look at Credit Suisse and I hate to keep reiterating but Research in Motion went down 25 points with the market with essentially no bad news and when investors snapped out of whatever impaired state they were in it bounced back 35 points. This across the board apocalyptic attitude is a boon to the shrewd investor however as good stocks get pulled into the morass with the bad- a little aptitude can go a long way. I don't believe the hype that we will get a major correction we will get down days like Monday but those are chances to pick and choose carefully and make more money.

The economy is still sick and we are at the peak but plateauing in joblessness so the average American will continue to suffer
for some time to come but If you have a trading account and some chutzpah- your particular forecast need not be so dismal. This forward looking indicator is a time machine out of the recession. Why live through it?

-As far as oil goes member remember to replace your stop order on the re-opening 49.60 limits liability to 0 if stop is replaced at 49.85 we do not like to stress out on the overnight - zero risk is a short position we can live with we are not overly opinionated here as we stated in our direct email but we chart resistance at 50 so for a trade we play currently Up $4100 this week
if you join you could get pricing entries ahead of time as well