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.
Can Netflix go higher?
That's a question we choose not to answer. We will rely on MarketClub's "Trade Triangle" Technology to alert us that the move is over.
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All the best,
President of INO.com
Co-Founder of MarketClub.com