Let History Be Your Guide-Obama-McCain

Anyone thinking we are going to run to new highs had better look back at the election cycle. After a new Prez comes into office the markets pretty much tread water for the first year sometimes two.

I highly doubt with oil and tight credit and housing and the tapped out consumer we will be range bound for quite a while. You can make money in trading ranges for sure.

We have been in a trading range all month 11300-11800 on the Dow

 

That range is fine with me. As long as there is volatility, I make money.

 

Is it just me, or?????

 

Covered calls. Like taking candy from a baby.

 

Until that baby craps its diaper and barfs all over you...

 

Oh, I see you've met my kids too.

 

LOL glad I wasn't the only one who caught this. Been a long day and I had to reread to make sure I saw it right. Pure genius.

 

LMAO