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[] [The daily rundown of everything happening at Option Pit.]( [( Mark-et Closed Until Monday Griff here with the Chart of the Weekend. Silver has been trending lower of late, while Gold has been like a rock holding above 1900 .. However, in the long-term, I believe Silver will rally much higher than Gold in the long run. Here is the roadmap for Silver as we trend towards an awesome opportunity to buy. [ Let's Go! [ Pit Report: We Need a Miracle on 34th Street I am sure most readers know of Miracle on 34th Street, which was a 1947 film about a drunk man playing Santa in the Macy’s Thanksgiving Day Parade … So, as the story goes a man named Kris Kringle is asked to play Santa instead and he becomes so popular that everybody wants to shop at Macy’s … Well, Macy’s should hire an ancestor of Kringle’s to play Santa this holiday season because Macy’s could really use a boost. Macy’s has become another poster child for the credit crisis that has brought consumer spending to a halt … [Has the stock gone down enough to ring the cash register? Let’s take a look…](- Griff Profits in Pumps: I Can Help You If you have been reading me for any time now, you know how I love quotes and anecdotes. Here is a good one: “Everything is habit forming, so make sure what you do is what you want to be doing.” That was Wilt Chamberlain Sorry, I cannot resist. I have another good one to go with this: “The content of your character is your choice. Day by day what you choose, what you think, and what you do is who you become.” A Greek philosopher, predating Socrates, from the 6th century BC named Heraclitus said that. [ Good ones to live by, right? Everyone needs to be reminded now and then. I can help you with that. With your trading habits, attitude, management, and performance. I can help you become a better options trader and chart analyst. [I would love for you to join me as I present to you my Option Shopper trading strategy Wednesday night at 7:00 ET.]( What do you have to lose? [Once you have secured your seat, go here for my next trade idea.]( - Licia Power Income: Understand This and Profits Soar The most critical thing to understand in the new world order is the concept of commodity-net exports. This concept was first introduced by South Africa (SA) which only wants to export its natural resources as finished products … so, in other words … SA is making it clear that they are only interested in investors who will invest in their continent and process the resources there. Now that the BRICS nations accepted Saudi Arabia, Iran, and Argentina, this trend to produce finished products with high in-demand natural resources is important to watch. This is extremely bullish for global commodity prices and especially energy due to a reduction in commodities available for production on global markets. [Today, I’ll show a couple of examples of this already happening and how to profit from it.]( - Griff OPTION PIT GLOSSARY [( There are plenty of terms in the trading world that need defining. The [Option Pit Glossary]( is here to help. Today's phrase is: Moving average - This is a moving indicator that smooths out prices over a period of time. A 50-day moving average would cover the average underlying price over the last 50 trading days. Moving averages can be simple (SMA) or exponential (EMA). [( DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk. DISCLAIMER: OPTION PIT LLC IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute the solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Want to change how you receive these emails? You can [Unsubscribe]( or [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy]( This email was sent by support@optionpit.com to {EMAIL} Click here to unsubscribe | [Manage Preference]( Daily Newsletters ex. Vix Edge, Pit Report, Profit in Pumps, Power Moves, Power Income, etc. Option Pit | 190 S LaSalle Suite 3000 Chicago, IL 60603