I know, this is not what you want to hear from the editor of a stock trading service. But we are seeing topping action. And this is not the time to be buying stocks.
If you recall my last two emails to you on my Stock Options Speculator Service, we ended up issuing our top PUT option plays on Monday (when the market was closed) and traders took advantage of Tuesday's up day to take positions. Well, on Wednesday, the market showed some significant weakness and those options did very well (and still have a lot of potential). Point is, I want to show you how market timing can help your trading, whether you trade stocks or options.
Today I want to talk about stocks...
I spend a lot of time talking about opportunity - and different types of opportunity. There are short, intermediate and long term opportunities.
This is neither.
For example, we issued a buy signal on March 10, 2009. That was a long term opportunity.
We issued a buy signal on August 27, 2010. That was an intermediate to long term opportunity.
This is not like any of those times...
So why am I telling you this? Well, you may be wondering why I am not telling people to buy stock right now.
So when will I start recommending stocks again? Take a look at the following chart:
This is how I perceive others see the market.
The points where the arrows diverge from the sine wave represent opportunities for us to make money.
Right now we're at the top.
And no one knows when we'll be at a bottom. Sure, plenty will guess. And like the stopped clock, some will be right. As for us, we have a bunch of indicators that show us this sine wave - and show us the arrows.
So all we can do is watch the market. There is this thing I call efficiency that you can't measure ahead of time, only as the market trades. It's this efficiency that determines the next buy point. It could be a couple of days, or weeks. But don't worry, the market always eventually will reach the low of this curve, and at that point, we can make some money on the long side.
And if we get another long term buy signal - and I hope you will be with me then - because I'll show you how to make serious life changing money...
So oddly enough, I am going to ask you to sign up for my Explosive Stock Alert service now. Why now? Because by the time we get a buy signal, it may be too late for you. I'll send you an email suggesting you subscribe, and you'll be very negative on the market and you likely won't subscribe. You'll miss an opportunity and when the market is at highs again, you'll be looking to buy stock - just when you should be looking to sell.
Remember the sine wave above, learn to trade it, don't be the arrow.
This service is more geared towards investing and longer term stock plays and even buy and hold utilizing my 'Triangle of Wealth" strategy. Here are the links to subscribe:
You might ask what the benefit of subscribing for a year is? Well, in addition to saving 20% on the monthly service pricing, I am predicting two intermediate term lows this year that should be extremely profitable. Some that subscribe to the monthly service will end up cancelling just before a large move in the market (it's just human nature). So stick with me for a year, and I'll show you the path towards profitability!