Friday, February 5, 2010

Market Update

The jobless rate unexpectedly falls to 9.7%. There is a growing concern over sovereign debt defaults overseas. This is putting pressure on the global financial system. The global markets continue to act-horrible. Fortunately, this all works out very well for our trade. The global markets continue to ignore positive news from the U.S (as does the U.S. markets). Why? The "Aircraft Carriers"-as we discussed before-are making their 180-degree turns. They are going to push the markets down until they complete their turn-no matter what the news. Once they complete their turn-we cover the short and go long. "AAA" is very well positioned for this event. Stay tuned and watch you emails for updates.