Forget the pain at the pump ...
Here's how I see it this Tuesday morning.
The pain in the market should not be hurting you if you have been reading this blog and using our "Trade Triangle" technology.
As a matter of fact if you have been following our approach to trading with our "Trade Triangles" you should have had an excellent year like Milt in Virginia.
"When I started using the MarketClub, I checked out your signals versus the signals I generate for a few weeks. I used mine to verify yours… now I use yours to verify mine and the profits have been astounding!"
Milt Fall, Virginia
Thanks Milt. I am glad that our "Trade Triangle" technology is working well for you.
P.S. If you are not yet using our "Trade Triangles" you can check them out here risk free.
We have thousands of investors like Milt, who use MarketClub successfully everyday to make important investment decisions. Are you one of them? If not, find out how MarketClub can help you safely navigate the iceberg laden investment waters.
Now it's time to zip back in blog time and revisit perhaps the most important SEC rule change in my entire investment lifetime. It's called the "UP TICK RULE" watch the video here and see why the SEC abolished it to the detriment on every stock investor.
I believe that this rule change along with the growth of hedge funds have all contributed to the markets downturn. There are of course other contributing factors for the economy which have all added to declining stock prices, like record high oil prices, the sub-prime disaster and all the CDO and SIVs that are imploding.
Is the economy going to get better anytime soon? Not in my opinion. See what I predicted on Bloomberg TV on September 13th when I indicated that spiraling raw material prices and a falling dollar would present a bleak picture for the U.S. economy and stocks.
Now more than ever ... be prepared and be disciplined in your trading.