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.

Record high volume yesterday on a down day in the Dow. Ouch.

Is it time to fade the rallies or should we be buying dips. That's the argument that is going on right now in the market place.

I am not going to comment on what you should be doing right now in this blog posting but what I will say is this.

IT DOESN'T MATTER.

Let me say that again. IT DOESN'T MATTER.

Why would I say something like that on the biggest volume day ever at the NYSE.

Here's a cruel reality of the marketplace.

It doesn't matter where the markets are headed. What matters most is you get the direction and timing right.

The reality is, all markets are trading markets. They are all driven by market sentiment and perception.

What matters most is that you get the direction of the market right. You can only determine the trend by using pure market action. The easiest way to do this is by using technical analysis and a program that tells you in plain english what the market is doing.

Here's a look at what our indicators are showing before the market opening on July 25th.

Has the first negative signal already occurred. Look at what we alerted short term MarketClub traders to 7/18. The red triangle indicates to get out not to go short. The key level for the DOW is 13,400. A move below this level alert intermediate term traders to exit the market.

Lastly what would totally turn the DOW into a true bear market according to out "Trade Triangle" formula is a move below the 13,000 level.

Right now the major trend remains positive for the DOW, but I still have this uneasy feeling this morning that sentiment and perception is changing.

Cheers,

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This plugin is just one of those cool tools that make the web so much fun.

Download it here.

You know, I watched and listened to Dr. Bernanke and his prepared remarks for the Semiannual Monetary Policy Report to the House Financial Services Committee today.

Boooooring!!!

Bernanke said that economic growth in the past year has a proceeded at a pace that is consistent with sustainable expansion after having run at an above-trend rate earlier in the current economic recovery.

The Financial Services Committee should be embarrased for wasting the tax payers money with the dumbest set of questions I have ever heard. They talk about government like they are detached from it and not responsible for anything that has happened on their beat.

I know, I know, I am ranting, but com'on guys at least do your homework so you could ask some intelligent questions.

If you agree or disagree ... you can post a comment at the end of my post/rant.

I would like to ask Dr.Bernanke just two question.

Here they are...

First question:
What about 75 dollars a barrel for crude oil!!!

Here is what the Fed Chief said, “If energy prices level off as currently anticipated, overall inflation should slow to a pace close to that of core inflation in coming quarters.”

Energy prices leveling off ... what quote machine is Ben Bernanke watching. I wonder if he has one (he does), are you plugged in Ben??

Second question:
What about the dollar going down the tubes.

This I found interesting, the dollar is of little concern to the good Doctor Ben, why you might ask. Well it turns out that the dollar policy comes out of the Treasury Department and not the Federal Reserve. So Ben doesn't have to worry about it.

End of story.

This is classic Washington politics, the right hand has no clue what the left hand is doing. That way they can always do what they do best in Washington, and that is pass the buck. No pun intended.

Here's what I really wanted to say today. Can Ben Bernanke single handedly stop the DOW Rally? I somehow doubt it, but you might get a lot out of
this short educational video . The video shows you an easy way to measure how high the DOW should go on its current upswing.

One last thing.

Dr. Bernanke if you have time, call over to the Treasury Department and have them check out this
video on the new world currency

For sure, it's not the dollar.

The rant is over. I feel better now.

Cheers,

Adam Hewison