Alone in OUR OWN THOUGHTS

It's been a wonderful September and October is off to a roaring start.
Our December 1100 Puts were up $17 yesterday.
Time for an update.
While we can always make excuses for awful stock purchases, using the madness of crowds and trends to come up with archaic and obsolete economic mumbojumbo is NOT an acceptable excuse!

So instead of repeating over and over again the way to look at the US market, please read on. If you can't agree with ALL of the following  axioms, best you go somewhere else because you will NEVER understand why we are beating all the market indices since March 2007.

First have a look at the unemployment ranks. Fierce cost cutting and massive layoffs have given temporary reprieve to companies but what happens when the consumer disappears! Welcome to Q4 , Reality sets in!

 
This is the AXIOMS about 2009 AMERICAN ECONOMY AND THE LEGISLATIVE PROCESS:

1) CHEAP RATES DO NOT BENEFIT CONSUMERS WHO DO NOT HAVE ACCESS TO CREDIT
2) CHEAP RATES DO NOT ALLOW RICH PEOPLE TO EARN MONEY ON CAPITAL AND GO OUT AND SPEND. iNSTEAD THEY GO PLAY AT THE NYSE AND NASDAQ CASINO TABLES
3) US TREASURY DEPARTMENT SUPPORTING LOW YIELDS ON  ITS OWN PAPER  CREATES DEFLATION
4) HUGE BUDGET DEFICITS MAKES THE US  AN UNENVIABLE PLACE TO SET UP BUSINESSES
5) GOVERNMENTS NEVER SPEND MONEY MORE WISELY THAN PRIVATE ENTERPRISE
6) THE ROLE OF GOVERNMENT IS TO MAKE IT FAIR FOR ALL CITIZENS
7) IF POLITICIANS CAN BE BOUGHT THROUGH ANY FORM OF CAMPAIGN CONTRIBUTIONS, YOU HAVE A CORRUPT GOVERNMENT. NOTHING WILL CHANGE. THE BIGGEST DONORS GET TO SET THE AGENDA AND DEFRAUD THE PEOPLE ALL OF THE TIME.
8) WRITING LEGISLATION TO PREVENT A REPEAT OF LAST YEAR'S PROBLEMS IS BY NO MEANS AN EFFECTIVE TOOL TO PREVENT THE NEXT CRISIS.
9) PRESIDENT OBAMA HAS A BIG GUN POINTED OUTSIDE THE US BORDERS WHEN IT SHOULD BE POINTED TO ALL PEOPLE ENTERING THE CAPITOL AND WORKING THE HALLS
10) IN 2009, A US PRESIDENT IS NOTHING BUT A PESKY LOUD MOUTH WITH A WET NOODLE. THE ONLY VARIABLE IS VOCABULARY AND INTELLIGENCE. ATTRIBUTES THAT UNFORTUNATELY ARE NOT PARTICULARLY USEFUL IN CHANGING WASHINGTON'S WAYS
11) TIME TO BRING BACK A STEALTH PRESIDENT WITH A TAZER


Buy em' S&P puts 666!

Good trading


DCW