The Daily Note - The Dubai Test

I will be posting my random thoughts for the day, here, along with some significant calls that I may see.
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Eye on Dubai and other matters. Is Dubai the ultimate "If we build it, they'll come" test? Other than it's absolutely marvelous architecture, and various one of a kind amusements, do the builders know something we do not? I would think it would be the ultimate destination to escape the coming ice age, and in which case current real estate prices are a bargain. One must admit if true, and a new ice age beats out global warming, Al Gore and Company would receive the ultimate Trump. Speaking of who, does Trump have a stake on either side of the matter? In any case, I do hope Dubai has a plan for a large hydroponics site, in addition to the desalination plants. But my ultimate question is: How do they keep all those buildings cool without a major "footprint"? Care to comment?
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Now to the other matters: Last week proved that one trading post can be played more than one day, given proper conditions.

BIDU Long above $439 to above $441, breaking above $442 to near $445. Short below $434 to near $431 then to $429 area, below $429 to $426 possible.



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JPM Short below 40.70 to near 39.90. Long above $42 to about $42.55



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MA Long above $239 to near $241 breaking higher to near $243. Short below $238 to near $237-$234, breaking below to near $232.00.



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APOL Short below $55.00 to about $54 braking below 53.70 to about $52.00. Long above $56.20 to near $57, then to about $58.50 .





Happy Trading Living and Dancing
Anni



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Week of 11/23/2009 Results & Archive

This weeks results reflect how under certain conditions, calls can be used again during the week.



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Waiting for Black Friday

Sitting here at a railroad station awaiting our destination, Black Friday here we come. I don't know but I have a problem with shopping days as indicators. Wouldn't it be nice if it was Thanksgiving Day, that would be the indicator of how we feel about the state of the economy? Family to show how healthy we are, how optimistic we are?

The focus is now on the biggest shopping day in the country and it's to foretell the fortunes of retailers in December. We barely remember that December is about other celebrations anymore; and it's ironic that the most outspoken generation about materialism and largest population ever now in USA which embrace Marxism/Communism/Socialism so eagerly await the figures of this last best kick into the economy. Days, in America, that were about giving thanks for a great harvest, safety and freedom and about worship of the birth of mankind's saviour have turned to worship of a different kind.

Why don't we just take the last 6weeks off every year and let shoppers do what they do best: shop; travelers do what they do best: travel; and the rest of us spend time, the most precious commodity we have, with our families?

Winter is about rest. Rest in order to be born anew in the spring. The rest is needed like sleep, for strength, clarity of mind, and for spirit to again fill the soul. When is the last time you took time for it all? When is the last time you took a rest from the chase? When is the last time you let the thoughts go, let the mind rest and let the spirit rise in its stead?

We've ruined many holidays with focusing on other matters, I hope we won't ruin Thanksgiving as well. What if Black Friday, never came again?

Happy Thanksgiving to my trading family!!
Anni