I am of course referring to Netflix, which has seen a phenomenal move since we had a major "Trade Triangle" buy signal at $31 a share on January 5, 2009. This stock is now up a staggering 677% in a just 24 months.
I think this is a clear demonstration of just how powerful our "Trade Triangle" long-term strategy is in getting you into the market and keeping you in until the trend ends.
I think it is a great testimony to Reed Hasting who started the company and has seen it grow year in and year out. Can you imagine being that guy from Blockbuster who turned down an offer to buy Netflix in 1999. Ouch! That has got to hurt.
If you're not yet a member of MarketClub, you may not want to miss out on similar opportunities like NetFlix in 2011.
MarketClub captures major signals in stock, futures, commodities, ETFs, precious metals, and the forex markets. For just about the price of a cup of coffee each day you can have total access to MarketClub.
It's that time of year again when everyone who is considered an "expert" comes out of their ivory towers and makes their annual market predictions for the New Year.
It's time to kiss those predictions goodbye.
I can honestly say that I wish I had a crystal ball like these other forecasters, but that's not quite how the markets work. You see, markets don't give a "Rats A**" about what forecasters say or what predictions economists make. The market is the only true voice out there.
Think about that for a moment. How many predictions do you remember that were even close to being spot on a year in advance? I remember several forecasts for 2010 and most of them were far from accurate.
Does it make any sense to trade on a year-end forecast, not knowing what can happen in this crazy world we live in? It doesn't make any sense to me or to other professional traders who never trade based on year-end predictions.
So let's get back to reality and take a look back on 2010 to see what the big trends are showing for 2011.
It's hard to believe that this little car company, is up 50% in just two weeks. MarketClub's "Trade Triangle" technology definitely spotted this one early and it shows quite clearly on the chart. This is one of the many advantages of using a program that is non-biased, does not listen to any news, does not get sick, and this totally devoid of emotion.