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January 31, 2008

Traders Welcome
by Dominick

Last chance before a fee increase.

With all the debate lately about whether the U.S. economy is entering a recession, whether stocks are in a bear market, whether we've put in a top or a bottom, it's important to cut through all the noise and focus on the real question everyone wants answered: how do you make money in the uncertain times and highly volatile markets?

At TTC we have that answer and, as usual, we'll let a chart do the talking.

The last confirmed bear market and recession in the S&P was from 2000-2002. Obviously buy and hold doesn't work when the market is range bound for six months, whether it's a bear market or not, but as the chart shows, even in a strongly trending market selling the top tick or buying the bottom is not much use, at least from a profit motive perspective. Not only does this approach leave you exposed to sharp countertrend moves that could take you out of your position to soon, there's clearly more money to be made playing both sides of the market as the patterns unfold. And that means trading.

At TradingTheCharts.com price action rules. When you watch CNBC you can usually spot the bias of the talking heads, whether they're fund managers, pundits or anchors. At TTC our only bias is towards superior and tradable analysis that produces profits for our members. Our trademark unbiased approach fuses the best of Elliott wave analysis with proprietary targets and indicators to help our members trade both sides of the market and not only beat the street, but beat they're wildest expectations.

Already in the past three months we've caught the October high exactly to the tick, correctly traded the 3 month consolidation that followed, anticipated the sell trigger at 1360 before the SocGen meltdown, and called the exact low of the year so far at 1256. Until now, our resources have been available to everyone. But in a matter of months, TTC will close its doors to retail members to focus on the institutional traders that have become a major part of our membership.

If you're a retail trader/investor and want to take advantage of our proprietary targets, indicators, forums and real time chat, this is the time to join before the lockout starts, and if you join now, you can still take advantage of the current low membership fee of $89. Once the doors close to retail members, the only way to get in will be a waiting list that we'll use to accept new members from time to time, perhaps as often as quarterly, but only as often as we're able to accommodate them.

At TTC traders are welcome! And, without a doubt this is a market that's perfect for our unbiased trading approach. If you're ready to access daily and real time updates on market structure used by institutional traders, if you're ready to take your trading to the next level, then you're ready for TTC. Don't get locked out later, join now!

Have a profitable and safe week trading, and remember:
"Unbiased Elliott Wave works!"

Dominick,
a.k.a. Spwaver
TradingTheCharts.com

This update is provided as general information and is not an investment recommendation. TTC accepts no liability whatsoever for any losses resulting from action taken based on the contents of its charts, commentaries, or price data. Securities and commodities markets involve inherent risk and not all positions are suitable for each individual. Check with your licensed financial advisor or broker prior to taking any action.

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