Is gold the last store of value?

Today’s blog post brought to you by MarketClub:

http://www.ino.com/info/264/CD3208/&dp=0&l=0&campaignid=3

It has been a difficult time for gold bugs for the past two months as
gold has been trapped in a broad trading range which made it seem
insulated and immune to all of the financial chaos around it. The action
on Friday the 21st, put all of that in action to rest as gold soared to
trade over the 800 in a matter of hours. This may be the move we’ve been
looking for and coming from a two-month base, it seems large enough to
propel this market higher.

I have just finished a new video on gold that goes into some depth and
shows you potential upside targets for this market. The video can be
played on any computer and does not need any special plug-in. It is
available free of charge from MarketClub as part of our ongoing
educational outreach program. Our goal is to help traders improve the
timing and trade selection in a scientific way using tools that are real
world tested and have stood the test of time.

http://www.ino.com/info/264/CD3208/&dp=0&l=0&campaignid=3

Enjoy the video,

Adam Hewison
President, INO.com
Co-creator, MarketClub

How low can the Dow go?

Today’s blog post brought to you by MarketClub:

Make no mistake about it, the market action on Wednesday (November 19th) was extremely negative for all of the indices that we track. The close below 8,000 on the DOW can only be described as negative, indicating further weakness to the downside. I am looking for this index to trade down to around the 6600-6700 level.

Looking at the charts using our “Trade Triangle” technology, it is clear that the Dow has been under pressure since our first major sell signal at 11,290. I see no reason to alter this stand, as I believe the trend will continue to be on the downside. I expect to see further weakness in the weeks and months to come.

Here are the three choices you have as an investor:

1. You can go long a market.
2. You can go short a market.
3. You can move into cash.

I’m often amused when I see people buying “defensive stocks.” Why not get out of the market entirely when it’s going down. Doesn’t that make more sense to everyone?
However, most brokers want you to stay in the market at all times fearing that they will miss a bottom. Truth is, most investors (including brokers) missed the top, so what makes anyone so sure that they’ll catch the bottom?
The key in trading is not to get out at the top, or in at the bottom. Anyone who tells you to do that isn’t playing smart in the markets, and most likely claims that they are holding the “holy grail” of trading.

An investor’s goal should be to capture 70% of a move. The middle is the sweet spot, and if you make enough in the middle then who cares about the tops and bottoms. Forget picking up the 15% on the top and 15% on the bottom, it doesn’t work consistently to use it as a trading strategy.

Check out my new video and see exactly where we got out of the indexes and were we see them headed right now…

Enjoy the video

http://www.ino.com/info/263/CD3208/&dp=0&l=0&campaignid=3

Adam Hewison
President, INO.com
Co-creator, MarketClub