Up for now.....

Is the bottom in? Well isn't that a question worth pondering? Not really.....
So 7,449 on the DOW 30 or $INDU is the bottom for now. So be it. Bottom line is 8,800 presents the tell tale line for the bull run of Obama 2009. Another could be Crude Oil per barrel bouncing off of LONG term 200 Month average of $45.08 per barrel.
Mere coincidence.....I think not.

So how about an old out performer: CALM

Yes, the NorthEastern Egg distributor has foretold the market over te last decade and is showing support at the 100% Fib line. Time for some CALLS. I like my eggs over EZ Money

MET Life......

Let's take a look at MET Life...

The long term monthly chart depicts the absolute crushing this stock has taken in the recent recession, but a look at the 60 day/60 minute bar chart below gives the glimmer of HOPE...

Bottom-line is if you've held through the recent downturn there is absolutely no reason to sell now. The $40 target may be a time to take "some" off the table, but I would do this only to reload for the eventual higher push back into the 60's.

I think it is pretty clear that the downward trend will be broken.

Perhaps a purchase of some $30 PUTS when the $40 target is hit to safeguard shares. And then buy more common with the gains from the PUTS?

Dividend yield scan - 1 week results

I guess the results below explain why I have not posted anything this past week:
Not to toot my own horn, but I hope you made some money and have taken some off the table....

EZ money....