What is Speed Retirement?
Published: Sat, 06/19/10
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The Market Toolbox : You are receiving this e-mail as a part of your free subscription. If you would like to change your e-mail settings please follow the instructions at the bottom of this e-mail. Welcome To: The Market Toolbox Intelligence Report
June 19, 2010 ~
Dear Toolbox Readers, This has been an interesting week in the market. We made a nice move to the upside this week but really seemed to run out of steam and Friday put on the smallest daily trading range I think I have ever seen on the S&P500.
The downward sloping 30 week is still in play and will likely turn us back a bit next week. The 1130 level should be the upside limit. If the 200 day moving average does not act as support, I would look for a little pullback to the 20day moving average near 1090 and if that does not hold we may retest the recent lows.
We had some spectacular winners in the Research Lab this week and I encourage everyone to get inside and check it out. You know we broadcast LIVE and mark the charts up as we go. It's really fun!
Jeffrey Brewer from the Swing Trading Club did a Saturday training today on how and when to get into long-term recovery plays and with several good set-ups working this was a must see for anyone with a long-term portfolio.
We also have this training in the archive for all Swing Trading Club members.
Sunday Night we are doing the Market Toolbox LIVE and we are going to dig into what Barry Boswell calls "hyper compounding" and "speed retirement".
Barry will be with us LIVE on Sunday night to cover all the glorious details of his high powered strategy.
We'll see you there.
Until Next Time...
Best Wishes and Good Investing,
Doug Newberry & Bill McKinley The Investing Systems Network
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