Does it matter if OPEC cuts tomorrow?

To pump, or not to pump, that is the question facing OPEC minister when they meet tomorrow in Abu Dhabi.

Here's why I say. It is much ado about nothing.

OK, enough with the Shakespeare.

There are three elements that drive commodity price trends which include Crude Oil.

1. SUPPLY
2. DEMAND
3. SENTIMENT

I call this my "SDS" indicator. Any trader worth their salt uses this formula or some derivative of this formula for their trading.

So let's look at all three today on the eve of OPECs meeting tomorrow. The main decision OPEC is making in Abu Dhabi, is should they raise output by 500,000 barrels a day.

Here's how we see it. At this moment in time supply and demand is pretty much in balance and a bullish or bearish case can be argued either way.

Sentiment on the other hand can only be seen as neutral to leaning on the negative side of the equation.

Here's the scenario as I see it.

OPEC does nothing = prices rally and traders sell into the rally.
OPEC raises output = traders sell.

Sentiment for crude oil in the short-term is decidedly bearish. We expect this sentiment will drive crude prices down into the low eighties by the end of the month.


Adam Hewison

THOUGHTS AND TRADING IDEAS FOR THE WEEKEND


THOUGHTS AND TRADING IDEAS FOR THE WEEKEND


Did Crude Oil top out? YES ---

Did the market put in bottom? YES ---

Has Gold topped out? YES ---

What a difference a week makes, Crude Oil slides below $90 a
barrel, Gold blinks and trades below $800, and stocks rocket
up for there best one week performance of the year.

So is a recession looming or are happy days here again?

What we witnessed this past week was a massive short
covering rally in the equity markets. We have discussed this
before, bears make the best bulls, and that's exactly what
happend in the equity markets this past week. We witnessed a
massive unwinding of the oil/equity spread. Traders bolted
for the same door as they covered short financial equities
and liquidate long positions in crude oil.

On top of all that, help,came into the equity markets in the
form of Fed governor Donald Kohn and later in the week from
Ben Bernanke. Each of them let it be known that they were
not against lowering interest rates. With so much good news
the market only had one way to go UP, UP, and maybe away.

But can it last? That's the question on most traders minds
this first weekend of December 2007. Is the subprime (old
story ) still hanging around ready to throw the world into
a recession. Is the soft housing market going to crimp
consumer spending this holiday season? Is oil going to
shoot over $100?

It's all part of the ebb and flow of the marketplace.

DOW has resistance at 13,500.

NASDAQ has resistance at 2,700 and again at 2,740.

GOLD SPOT
has resistance at 830 and support at 772.
CRUDE OIL (Jan) resistance at 96.00 support at 84.00

Speaking of the marketplace ...
----------------------
BROTHER CAN YOU SPARE 90 SECONDS ...

Is it possible to learn how to trade forex in just 90 seconds???

The answer is a resounding yes.

Now you can stack the deck in your favor and trade like a
pro. All you need to do is watch our NEW 90 second FOREX
video.

No registration required
Find out how you can become a
winner in the FOREX markets in just 90 seconds. Click, load,
learn from 90 Second FOREX
----------------------
SOMETHING TO REMEMBER
"It's better to be wrong than wrong and stupid."
How to manage losses.
----------------------
WHICH WAY FOR THE MARKETS NOW?

Use this really cool analysis tool and get instant answers
in plain English on any market.
There is no cost.
----------------------
THE VOTES ARE COMING IN ON THE ECONOMY
Here's the question we posted on our Traders Blog blog. "Are
you comfortable about the economy?" The results may surprise
you. Vote, then check out the results.
----------------------
TIME TO LAUGH
Two traders riding in an elevator at the Chicago Board of
Trade. One trader turns to the other and says "What'ya do
this weekend?" The other trader answers "I got a dog for my
wife". The first trader without missing a beat says, "Nice
trade".

This joke courtesy of Chuck Le Beau of Arizona. Heard any
good trading or market jokes lately?
Send it to

su*****@in*.com












----------------------

LEARN HOW TO TRADE A DOWNWARD TRENDING MARKET

In this video lesson, we give traders three
compelling pieces of information about how to trade a
downward trending market. Watch this streaming video lesson
to learn about shorting stocks.

----------------------
INO QUOTED IN THE NEWS THIS PAST WEEK

• SINGAPORE BUSINESS TIMES

'You've got some of the top Wall Street minds, from George
Soros to Warren Buffett and Julian Robertson, saying we're
heading into a recession, and the price of oil is clearly a
big reason why,' said J Adam Hewison, president of INO.com,
a financial research firm that offers technical analyses of
equities, futures, options and foreign exchange markets.

Just as worrying, the prospects for oil retreating to lower
levels in the next several months appears low, many Wall
Street analysts said. 'I put a lot of the blame for what I
see as a sustained rise in oil prices at these levels on the
Fed (the US central bank) and its chairman, Ben Bernanke,'
said Mr. Hewison.

FORBES
From The Chart Room - Google's Muddy Retreat
Adam Hewison, INO.com 11.27.07, 3:00 PM ET
Web site.
----------------------
LEARN & EARN
Another lesson "Point-and -Figure Charts"
----------------------
MONDAY EXCHANGE
Lindsay posts the question " Do You Know What Direction Your
Stocks Are Going?

----------------------
FOUR FREE ONLINE TRADING VIDEOS YOU CAN BENEFIT FROM TODAY
Here's a small sample of what is coming up on INO TV
----------------------
CHECK ON THE WORLD MARKETS 24 HOURS A DAY

Don't miss any of the global overnight action.
----------------------
PICK A MARKET, ANY MARKET
Use this really cool analysis tool and get instant answers
in plain English on any market. There is no cost.
----------------------

This is Adam Hewison,
have a great weekend and a profitable new trading week.

Is this Hedge Fund manager the next Warren Buffett?

Edward S. Lampert has made no secret of wanting to follow in the footsteps of his hero, Warren E. Buffett. Like the Sage of Omaha, Lampert formed a partnership at age 25 and invested in old-line companies that throw off lots of cash. And just as Buffett did with Berkshire Hathaway Inc., Lampert gained control of bankrupt discounter Kmart Corp. last year, hinting he would turn it into a powerful investment vehicle. Then, on Nov. 17, Lampert swooped in and launched an $11 billion purchase of Sears, Roebuck & Co. (SHLD).

Read the full story here

Has Fast Eddie lost his golden touch?

We don't think so but in the short term Mr. Lampert has two major problems on his hands Sears Holdings Corp (SHLD) and Citi (C) It may be a while before he shines with these two iconic giants. Now Mr. Lambert is a very patient investor and both Sears and Citi are great franchises that normally churn out cash like a printing machine. So it was a shock when Sears Holdings Corp reported sharply lower third-quarter profits on Thursday, plummeting its shares down more than 14 percent to new lows.


It's good enough for these well know guys.

For moguls like Michael Dell and David Geffen, Edward S. (Eddie) Lampert is the go-to money manager. The brightest minds on Wall Street piggyback his trades. Just 43, he's a self-made billionaire who mixes bets on down-and-out investments with unnatural patience. No one has more faith in Eddie than Eddie. Which may explain why he's so comfortable leading Wall Street in the new world of high finance, one in which hedge funds like his and giant buyout firms are going toe-to-toe in the arena known as private equity. Lampert is part of the new breed of hedgies who have gone from passive investing to actively buying and managing firms to seek outsize returns.

Read the full story here


Eddie Lampert has a great long-term track record, but can he run big companies?
We are going to wait until both Sears and CITI reverse their current down trends and are in clear uptrends before we go long.

We have never been strong fans of catching falling knives or trying to pick bottom bottoms in a market.


Adam Hewison

What can Instant Trend Analysis do for you?

Look how it helped Milt Fall of Virgina:

"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

See how Instant Trend Analysis helped other real traders. Listen how these everyday folks explain in their own voices, how they have benefited from using MarketClub.

So what can Instant Trend Analysis and MarketClub do for you?

It can make you money and it can save you money.

How can it do that?

Watch these videos for irrefutable proof.

Now let's see what MarketClub has to offer.

In addition to MarketClub's Instant analysis tool look at these other MarketClub member advantages. It's all included in your membership. There is nothing else you need or have to purchase.

Here's what you get.

===============
CHART PORTFOLIO
MarketClub's Chart Portfolio allows you to create a personalized watch/active trading list which can be instantly analyzed, reviewed, downloaded and studied for quick market analysis. You can arrange your symbols alphabetically, by percentage change, or by your own preference. Watch video.
===============
SMART SCAN
Smart Scan helps you quickly find winning trades in stocks, futures, mutual funds, precious metals and foreign exchange. Instantly see which markets are primed for a big move and those that are in strong trends. Watch video.
===============
TRADE SCHOOL
It's your own personal trading university where you set the curriculum with some of the most well known professional traders in the world. These audio (MP3) seminars and PDF workbooks will have you following along with trading greats like Linda Raschke, Mark Cook and Chuck LeBeau, just to name a few. Watch video.
===============
DATA CENTRAL
Data Central offers you, easily downloaded, and accurate historical data! If you have a special trading program, spreadsheet, or a back-testing program you can access historical data in all popular formats.
Watch video.
===============
STREAMING CHART TOOLS
The crown jewel of MarketClub is our advanced Java Charting Applet. BARRONS business magazine said it best, “... a terrific little Java-based charting tool.” they also recommended to their readers to “Keep an eye on this site even if you're not ready to dive in: It's poised to keep growing.”

They were right. We have grown dramatically thanks to positive reviews and cutting edge tools like our “Trade the Triangle” approach to the markets.

Our “Trade the Triangle” and filtering techniques are simple, powerful and amazingly accurate. We explain this approach in detail when you become a member. The buy and sell TRIANGLES ARE DYNAMICALLY GENERATED FOR YOU ON THE DAILY, WEEKLY, MONTHLY AND QUARTERLY charts. The easy to understand red and green Triangles, spot and keep you in the big moves and keep you out of the bad trades. Watch video.
===============
MARKETCLUB'S 5 PROMISES TO YOU

# 1 PROMISE. Real Help from Real People
# 2 PROMISE. No Hidden Links or Fees
# 3 PROMISE. Constant Improvements
# 4 PROMISE. Risk Nothing, Gain everything
# 5 PROMISE. Integrity

Read more about our promises to you.

===============
PERSONAL GUARANTEE
Lastly you get a risk free personal guarantee.
Watch video.

There are going to be some amazing opportunities to make money in 2008. Start preparing now with MarketClub.