Big News, Big Week... Big Show!
Published: Sun, 10/07/12
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10/07/12 ~ The Week Ahead...
Hi Toolbox Fans,
Tonight we'll be going LIVE at 8pm eastern time. Jeffrey is back and ready to give us his take on the charts we'll see tonight.
Bill has already posted about a dozen great chart set-ups on his blog this weekend in the Research Lab. The premium members "stocks to watch list" has been updated as well as the watch list of Pivot Highs and Pivot Lows. (no pivot lows this week)
Going into the month of October we are long everything in the long-term market timing portfolio and seasonally speaking this is the best time of the year to capture market gains.
That is why the annual fall special on Research Lab memberships starts this week. The absolute BIGGEST discount sale of the year and there has never been a better time to be trading your own account.
They call it "financial repression" and it is when the Fed keeps interest rates so low that if you want any kind of return at all, you have to be more active in the markets. It is wiping out seniors and savers who have squirreled away some cash and are not putting it to work.
What is interesting about this recent market move was that last quarter almost the entire move higher took place in just 3 trading days. If you look down even closer you'll see that in fact the rallies really only lasted a few hours.
I find right now the 60 minute charts are giving the best most reliable readings and we'll talk about that tonight too.
We'll See You Tonight at 8pm Eastern!
Until Next Time...
Best Wishes and Good Investing,
Doug Newberry The Investing Systems Network
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