They're Twisting

Did you know the first Operation Twist (this is only the second time the Fed has engaged in Twist) was named after the dance that was all the rage at the time, "The Twist" inspired by Chubby Checker's cover of Hank Ballard's song, "The Twist" in 1960?

So how quickly they have twisted to Bernanke's version. The 30 year is now at 27 basis points.

And for those who think the market is not manipulated, go back and read this post from yesterday at 12:45, "Operation Twist"

Here's the chart of TLT that made me say, If they do Twist, it will be on the long end of the curve.

This may be the first time I have seen a chart with this length of confirmation, Well back to July and if I could see further, I'd think maybe a bit further. Also remember the July 29th meeting the Fed had with, NOT JUST THE BIG WALL STREET FIRMS, BUT THE PRIMARY DEALERS IN PARTICULAR? I said back then that it wasn't what they said it was, the cover story was that it was to discuss what the fail safe advice would be to the FED from the PMs if the debt ceiling wasn't lifted! The FED ASKING THE PMs FOR ADVICE?  The market really started to fall the very next trading day and a whole lot more was discussed back then then advice giving from GS to the Fed. I would say this very rare chart proves it.

So when you think about the market and everything you have been sold over the decades, everything your grandparents were sold, know that it is nothing like the truth of the market.

Looking at over 15,000 private portfolios for the month of September, the median of the top 1% was 15% gain, the model portfolio is at a gain of 74.22% for September alone and puts the WOWS model portfolio in the top .0008% of over 15,000 portfolios at #13 as of the close of positions yesterday.

And Wall Street doesn't leak?

I'll be sending out some updates soon, it looks like we already have a line on their next move.

Congrats to all of you who wrote, I'm glad to see how you are making the trades your own to fit your style whether it be options, or equities and how many of you have done what I encourage, to adjust to the market. Some members made over 5 digit profits on the last trade alone! Color me green and proud!