Today is my last trading day of the week as we head for a 4 day family weekend in the morning. FOMC days are usually light volume and very erratic trading days as many people stay out of the markets. I traded little and carefully and finished day flat with a gain of +9 USD. I had +52 FX from last night, -96 FX today, closed my AMR and DXO positions for gains and scalped the ES a few times with a loss of 40. My countertrend plays on the EUR/USD got killed. It was NOT a good day to trade. I think that I overtraded due to me not being able trade for the next two days. The next FOMC day I will take the day off. Oh well, I live to fight another day…

For a +.09 pont gain an hour ago…

For a +0.12 point gain, 4.7%.

The J.O.B.S. Bill of 2009 (HB 481) is now waiting for Governor Purdue’s signature. If you recall, HB 481, a bill that provides tax credits to employers for each unemployed person hired, suspends business “start up” fees for one year, and eliminates the state sales tax deposit, passed both the State House and the State Senate by overwhelming majorities. The accompanying bill, HB 482, which eliminates the state ad valorem tax on business inventory through a statewide referendum, also passed both the GA House and Senate. I encourage you to send Governor Purdue a note indicating that you hope he will sign the legislation.