Monday, October 27, 2008

OLD COF CHART, SHLD,TGT,WMT Econ Cal.

COF old chart from OCT 9th blog, and it was a winning trade, perfect Knife catch.And get ready to buy COF again____




WMT




SHLD




TGT




There’s a lot of trader’s that think Obama winning is the end of Capitalism.
That this downturn is never going to be over.
Back in 1999-2000 the internet was getting born in a real commercial sense.
Now look at the internet today. Everyone is on High speed.
Before any of this could take place however, the market had to drain $7 trillion out of the market. Thus you had the DOTCOM bubble.
Now fast forward to right now. Global Warming.
Nobody wants to take their chances with that stuff.
Do you really want to flip a coin, continue on the present course, and pray GOD will take care of it, ( global warming)?
Well the RICH certainly do not take that approach to life’s little problems.
It’s going to take $7 trillion to put in an entirely new energy infrastructure. Everybody knows this.
It’s going to take a one party system to shove the pain of it down people’s throats.
Mark my words, though. In 8 years, there won’t be any NASCAR thinkers in the US, and 50% or more of the US energy will be coming from clean sources.
That’s just the new cost of doing business.


ECONOMIC CALENDAR 10-27

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