SPDR S&P 500 (SPY)

[Footquarters]

re Obama









he doesn't have a chance of winning. Oil will be reversing, gas will be down to 3 bucks by the Republican Convention. Usually they take the stocks down in a bear market and then rally them during earnings, the reverse is done in a bull market. Noticed that Mike Burk is expecting a huge reversal with the breadth indicators at such bad levels. That makes a lot of sense. Not many places to go, but up, when all the sellers are gone....... Nothing is as bad as it seems or as good as it seems. Noticed that Obama is already flipping on Iraq and McCain is flipping on energy, illegals etc. too, to get the votes to win. I have talked to many Dems and they all hate Obama, loved Billary, and will vote for McCain, because of the alternative. I wonder if this won't be the biggest landslide ever with my cousin Sanford or Romney being his running mate.


Foot in mouth Charts http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID456385

BTW, You can't fix stupid....