MarketClub Members Caught Another Huge Amazon Move
Dear Members & Guests,
This past year has been great for MarketClub traders that have been following Amazon. Our Trade the Triangles have been very accurate, putting a pretty penny in your pocket! The big gain this week was nothing new, and if you were following the triangles you would have been in to make the move.
Wishing You The Best of Luck,
PS- Check out below… not new news for members, but big news for guests
How would we have done?
There are going to be skeptics everywhere. They will try to say that we manipulated results, showed only time frames of the charts that were in our favor, changed the techniques to fit the trend. Well, today I was reading the Wall Street Journal and I came across an article on Amazon (NASDAQ:AMZN). I pulled up our Trade Triangles on Amazon and noticed that our monthly/weekly filtering technique for our Trade Triangles was amazing for this year. However, how have we done since we began tracking Amazon.
Ok skeptics, here goes… I am not factoring in stops. I am using our suggesting filtering technique (monthly for trending [possible initial entry] and weekly for timing). When I say out point (this is not getting stopped out, this is saying that we are getting out because either a monthly or weekly trend has changed).
Here Goes!
Check Out Our … “Earning Surprises Video” to see how the Triangles have caught many more big moves
If you not a member, take the 30-day money back guarantee to look at the previous trade triangles for your favorite market.
Market up, market down, now what.
There’s a word for it, it’s called volatility.
So now what do the BULLS and the BEARS do?
Here are the arguments for both sides
THE BULLISH ARGUMENT: The bulls argue that it’s a global economy, interest rates are low, inflation is under control, we are awash in cash and the subprime fallout is under control.
THE BEARISH ARGUMENT: goes like this, interest rates are too low and have to go higher. Inflation is just around the corner. Subprime is going to be worse than anyone ever expected, and the dollar is in a free fall.
Let’s examine the trends as the market sees it. We are using the DOW, but this can be applied to the other major indices.
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DOW Short Term Trend: Negative
DOW Intermediate Term Trend: Positive (trend reverses on a move below 13,400)
DOW Long Term Trend: Positive (trend reverses on a move below 13,000)
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Look for volatility to rule as the battle between the bulls and the bears looks to continue.
Take a look at what we said on Jun 24th about the market and Blackstone Group.
I think you’ll find it interesting.
The time to take care is now. Listen to the market as that is the only true answer to your financial future.
Cheers,
