Don't let negative news get you down! Come good news or bad, you can stay afloat (and even prosper).
In better news, the immediate drop in the futures market netted me 2.5 points in less than three minutes. The market's reaction was so immediate and drastic that it dropped 5 points in under a minute. I was able to get in and make my $250 profit with 2 contracts. Remember, with this strategy we can make money regardless of whether the market goes up or down. Again--referring back to yesterday's post--if I'm a person working with $5000 (to choose a fair number that lots of people would have to invest), my profit today alone would have been $1250. And the best part? Done in three minutes and on with my day.
It's a crazy world we live in. Everyone could use a little stability, as we saw from today's spike in jobless claims. I doubt there is anyone left who doesn't have friends or family affected by the recession, and most of us have been affected ourselves. If you find yourself in survival mode right now, you're not alone. Many worry about what the future holds. Yahoo! Finance reported this today:
The high unemployment rate in the U.S. remains one of the biggest worries for investors. The surprise jump in claims last week suggests that employers are still reluctant to create jobs, which could keep a damper on economic growth the coming months.
"The trend is going exactly in the wrong direction," said Phil Orlando, chief equity market strategist at Federated Investors.
That brings me back to my original point. It's a crazy, unstable world we live in today, and everyone seems to feel it. But you don't have to let it affect you negatively, because you can prosper in this economy. Stay ahead of the curve. Use the news to your advantage. While others fret over the data that the government and economists are spewing out like an overflowing septic tank, make yourself immune.
All this talk about what's wrong with the world reminds me of this:
No comments:
Post a Comment