DA BEAT GOES ON....AND ON...

OK, so I have to admit that I missed the financial rally here, but what can ya do. At least we're not short them! I think we own 1/2 share lots on two banks puts wise. We also are rocking on some of the Ags short. This is a very interesting market, and actually quite logical. Playing the news is really kicking butt here. We went long midday today because I figured that they'd push us into the Senate vote tonight. It'll pass the senate easily and I believe it'll pass the House after that now. Politics is a game and as such we have to play the game even better. That's what we do. I have to say that I am beyond impressed with Warren Buffet. If he had any doubters as far as his business savvy goes, they should all bow down. These deals he is cutting are SICK. I wish I had a 100 mil or a billion, I would swim the Hudson to do these deals! I still think the companies doing them are SHOT longer term. That includes GS and certainly GE. Any company that needs to borrow on those terms is diluting shareholder equity to the nth degree and I think long term where there is smoke, there is fire. I think the play here is to trade this sector rally into Fridays vote. C looks like it wants $25. Some of the smaller regionals are going nuts. I think we can play them tomorrow and into the vote Friday. I think the market should rally into Fridays vote assuming that the Senate passes it tonight. Would I buy and hold into Friday? No shot, but we can play any rally trade wise. I think the better play is one I am going to map out tomorrow in my TOP TEN WAXIE SHORTS class. I STRONGLY urge you all to attend! It's time for you ALL to get into the game! This market is printing money for us and it's time to take advantage of it! Sign up now, folks, before you let this TREMENDOUS opportunity pass you by! I really believe this is going to provide us with some amazing trading. You have to give yourself a chance to take advantage of it! Of course there are no sure things in life or trading but I do think this is setting up PERFECTLY for us here. Here's the link, this is your last chance to sign up for the class, do not miss it! www.trendfund.com/banners/bannerthru.asp?bannerid=991 OK, as far as the bill, I mean, nothing new to say, I stick to the idea that this is going to be the WORST thing they can possibly do. It's not going to accomplish what they say it will and in fact its going to make it a LOT LOT worse. I hope I'm wrong, as usual, but I don't believe I will be. The markets are responding as though its going to save the economy and I do not beleive there is any remote chance of that, I wish it were so. The smart money here remains the traders. Investors being told that now is the time to position themselves in front of the bottom are being thrown to the wolves. They might as well just throw their money into the wishing well. These markets certainly aren't acting investor friendly and the notion that now is the time to hold your breath and jump is based on nothing more than wishful thinking. What's going to happen when the market drops after they pass this bill? What then? What is going to save the markets then? Or, is this bill going to jsut cure everything? If I hear one more idiot say that "look what happened when the bill failed, the market lost $1.4 TRILLION! So, the bill saves us money!" I mean that is the DUMBEST more illogical tangential thinking I think I've ever heard! That's moronic, I'm sorry. You can't possibly be serious to think that the market has bottomed here, even in their wildest dreams. So, let's assume that last Thursday was NOT the bottom even if the bill passes. If we can make that assumption, which I think is a given, then how is that logical? It's not, its the thought process of dummies who watch CNBC commentators who clearly have their Pom Poms out and they heard it there so they repeat it like dumb Parrots! I am not even sure we get much of a rally if it does pass. I certainly have a plan to play it both ways, but again, you'll have to sign up for tomorrow's class! See ya there! Let's watch Socialism, I mean Democracy at its finest tonight! RULE! Waxie