Big Moves in the Long-Term Portfolio... Killer Swing Trades Too!
Published: Fri, 09/02/11
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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
September 2, 2011 Dear Toolbox Readers,
Today sold off after a BIG gap down at the open. The unemployment numbers came in at 0 new jobs created and 0 new jobs lost. That is a big fall from the 85K they said were created last month and even that number was revised down from the 117K they originally said were created.
After the close today, the government came out with the details of all the big banks they are suing over the RMBSs. This economic and financial crisis just will not stop. News out of the EU is continually bad and the partisan rancor in DC is flat out disgusting.
What is an investor or a trader supposed to do with this information?
Same as always... be optimistic while protecting yourself from worst case scenarios.
As I was updating the model portfolio for long-term investors as August closed I have never seen as many positions switch sides as I did this time. It all ended up with essentially two themes... We are in commodities and bonds and out of equity markets and real estate.
On a macro scale it all makes sense, but we'll see how things shape up going forward.
The long-term market timing model is just one of the many benefits of the Research Lab and we like to call it the management system for the "widows and orphans" portfolio. It is a VERY low risk and long-term strategy.
Last week we put out a training video about swing trading with a 15 minute chart. This strategy room video was a test of the format and length and people LOVED it.
I cannot remember getting so many compliments on something like that before.
Now that the template is set there are many more new strategy videos coming as Bill and I bang them out in the next week or so.
We already have an archive of probably 18 hours or more of full training sessions recorded in the Research Lab, but the idea behind the "strategy room" is a collection of short videos detailing all the particulars of a specific trading strategy in about 10 minutes or less.
This is a 3 day weekend of course and the Sunday Night show will be moved to Monday Night so that we can have a look at all the most up to the minute data as we look at the week ahead.
The BIG discount sale on the Research Lab memberships will be ending soon and I want everyone to get in for less that $50 per month. This is 75% off the regular price and we do not keep these specials running all the time.
In other words... This is a LIMITED TIME OFFER!
I have also been looking at the stats in the trade plans and I must say... Bill has done a great job with the "set it and forget it" trade plans. The trade plans set up a trade with a stop loss and 3 price targets for swing traders.
Target 1 is 2.5 -3% gains, target 2 is 5 - 7% gains and target 3 is 7-9% gains. The idea is that these fully laid out trade plans are very easy to follow.
Last month there were only 4 trade plans and all 4 hit targets 1 and 2. Two of them hit target 3 and two sold back down and stopped at break even.
In fact as I looked back at the overall stats that go back to the beginning of 2010 I see 136 total trades and 74% of them hit target 1 and more than 60% hit target 2.
Target 3 was hit by 44.85% of the trades and is just where we stopped tracking them. Many of the trades went on to make even bigger gains, but we only track the targets hit for statistical purposes.
Finally, I showed a great presentation today after the morning show in the Lab. It was about 90 minutes on money, the economy, gold, silver and the best way to be positioned as the future unfolds. It was very interesting and just another benefit of membership.
Anyway... This was a rough week in the market, we are watching it on all time frames and promise to do our best to keep you on the right side of the action.
Our number 1 goal is to help YOU make better trades and we hope to see you on the inside. Click Here for the SUPER DISCOUNT order form. This special price is NOT available at the main web site.
Until Next Time...
Best Wishes and Good Investing,
Doug Newberry The Investing Systems Network
The Market Toolbox LIVE! is a presentation of the Investing Systems Network. We help you work with the markets every trading day. We Welcome & Appreciate Members Like You!
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