Thursday, February 12, 2009
Happy President Abraham Lincoln's Birthday, 16th President of the United States of America (R)
One of President Obama's biggest role models is Abraham Lincoln, and this should be enough to light a fire under stocks at the finish. We advise you to not be short today!! A Dow rally of 200 points+ is to be expected...
We predict a patriotic stock market rally Thursday, as we celebrate one of the most true & most famous Republican Presidents in history;
Happy 200th birthday:
http://en.wikipedia.org/wiki/Abraham_Lincoln
We believe President Obama will deliver a passionate bipartisan speech today, the opposite of the under-handed behavior we witnessed just yesterday from Congress. The pendulum will swing today as sentiment improves.
We also anticipate a little more clarity on the bank bailout from Secretary of the Treasury Geithner soon. Even if it doesn't come today, the smart money will flow in ahead of an announcement and sell on the news.
We hope you enjoyed & profit from the Psychology of this Call.
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8 comments:
I think we'll be lucky to close down less than 100 Dow.
But Pres Obama is about to speak at some Town Hall meeting at 12et.
Like your psychological approach, less economics and more psychology please !
Mak
HOLY CRAP, FROM DOWN 180 in morning to nearly ZERO, YIKES!!
GREAT CALL. At 3ET we were down 240 plus, and then we came back to positive after news hit about Obama. Your blog is the BOMB!!!
KEEP UP THE INCREDIBLE WORK!!!
Jerry
200+ points from down 250 to unchanged. Good job and we love your blogging efforts.
Get real. These guys said a 200 point rally, they didn't say down 200 and then last gasp recover. Pathetic and useless.
Excuse me. There was NO rally, the market bombed and closed down.
The market opened down & rallied on Obama news regarding stemming foreclosures, potc was scary right imo ..
More forward thinking than anyone on cnbc, yes? Even Art Cashen, who traded when Linciln was assassinated was doom & gloom. Kudos to the bloggers!
Whether luck or skill, nobody predicted the 250 Dow rebound, and remember the market opened down a lot and was down nearly 200 within 30 miuntes. IF you followed the psychology of Lincoln's b-day/Obama rally, you would have made money in the last hour like nobody's business. Again, only Nostradamus would out blog you guys. Fresher than the bs Cramer & the Mad Money show pushes. I will spend more time studying the market now due MAINLY to P-O-T-C
Steven C.
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