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If you are in the Free trading room and taking some of our "freebie" market calls and are making money-a donation to help improve the site is always appreciated. All of these donations go to increasing member value-both free and paid members!!
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Are you looking for a place to trade during the day and get some great trading ideas from some of the best traders? Then join our free trading room!!
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Should see the bulls make a move soon-Free Report inside
Submitted by: Gary Dean 05/14/12 9:30 pm
Hi Everyone,
I hope you have been managing your trades accordingly over the last couple of weeks. I was telling members all last week, not to marry the long side and if trading that direction, to be very quick with your trades. I was expecting some chop with an upward bias last week and that is exactly what we got. Many were believing the long side was safe, but our wave counts and timing systems were looking for yet another new low before we even considered the long side for a port trade. We got that new low as expected today Read More
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The systems are working and clear signals are being followed!!
Submitted by: Gary Dean 05/08/12 9:30 pm
Hi Everyone,
Now that things seem to be getting back to normal with the markets, combining wave counts with the timing systems can pin point exact entries and exits. We missed this long entry, as I wanted to make sure it was going to hold, but as you can see in the charts below..timing system divergence+block volume turn+ wave count+ magnet line= a 1.30 bounce for IWM off of these lows. Read More
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Are we have fun yet? If you are confused-maybe tonight's video will help!!
Submitted by: Gary Dean 05/03/12 9:30 pm
Are you starting to get that feeling that you are running on a tread mill with this market lately? The buy every dip trade is getting a little tougher and since 3/13/12, you are in the same spot that you started. It is time to start trading folks. Our systems are working like they were and I go over what I see happening in this free video report. Enjoy
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Has the wind changed direction? Free written report inside
Submitted by: Gary Dean 04/25/12 9:30 pm
I think the best way to sum up today's action is "make hay while the sun shines" or "if you are at the diner-at all you can, because we are not sure when the next meal will come". AAPL earnings yesterday kicked off the frenzy, as they beat estimates (gee-who hasn't ;) and rallied some 56 points-on the 2nd largest revenue quarter ever for the company. The largest revenue quarter was last quarter, but AAPL only moved up 34 points. Read More
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You better know when the wind changes direction!! Free written report and video report inside
Submitted by: Gary Dean 04/23/12 8:30 pm
So we were able to lock in some stress free profits today. This set of trades has finally moved the port trades into the green for the year. Normally not something to jump up and down about-and I am not. But when being wrong for most of this new year, seeing a green port is refreshing. It wasn't easy seeing a red port, when we went so long without a losing trade. But the one thing I needed for the system to get back on track, has arrived-- VOLATILITY!! Read More
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Finally-We have volatility!! Free Timing System Charts
Post: 04/18/12 by Gary Dean Hi Everyone, I am glad we are finally seeing things come back to normal, where support/resistance levels mean something-timing systems are working again and technical actual work. It is really a better place for the market if they want to have some type of sustained move without the help of the central banks. Making investors believe that the markets will never go down because the Fed will never let it go down, is a road map for disaster. Read More
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Free video report-mapping today's drop
Post: 04/10/12 by Gary Dean
Hi Everyone,
You can see how we mapped out today's drop in our video report from 4/3/12. There is another big move coming and that is for members, but the video report shows you why we were looking lower and not higher last week. Yes, we ignored all of the bulls believing the Fed would ever let the market down-because that is not a strategy, that is a hope!! Read More
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04/05/12 Morning Notes
Post: 04/05/12 by Gary Dean
Hi Everyone,
I did get in time to put something out this morning.
Futures are modestly lower as I type, over concerns that European leaders will
struggle to contain the debt crisis from spreading. Cramer said not be worried
about Spain, so I guess we are all good. If we are going to use Greece as an
example-which is an ant hole compared to Spain and how the European leaders
handled that..I would really love some of the stuff he is smoking. Read More
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Sometimes a picture is worth a thousand words
Post: 04/04/12 by Gary Dean
Hi Everyone, Over the last couple of months, many bulls have laughed-mocked and even called anyone stupid for trying to short this "runaway bull market". Many have their reasons on why NOW is the best time EVER to be in the stock market. But it wasn't the best time ever when the spx was trading at 1075 just 6 months ago. Read More
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04/04/12 Morning Notes
Post: 04/04/12 by Gary Dean
GM Everyone, The world markets are starting to come to the realization that at some point all of this liquidity will have to be pulled back in by the Central Bankers. That may be a while before that happens and I do not believe any of them are even thinking about that until they see some improvement in the economy. But with the Fed saying that they will not do anymore QE unless there is an emergency which forces them to use it. Well, that has pretty much exactly what the Fed has been saying for a year now. But for some crazy reason, the news media would spin the same exact sentence they have said or a year, into they are going to launch qe3. Each bad economic report that was released, saw buyers flying into the market, as they felt qe3 was no almost a shoe in. Read Full Story
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03/14/12 Free Video Report
Post: 03/14/12 by Gary Dean 7:20
Hi Everyone,
Here is tonight's member video report. It goes over the bigger picture and some potential targets. Enjoy the video. G-
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03/08/12 Morning Notes (Delayed)
Post: 03/08/12 by Gary Dean 10:20
GM Everyone,
This is the morning notes I send to our members before the open-the short and pivot levels are xx'd out and for members only. If you would like to see them before the market opens and what the BIG picture is saying, please join our premium service. Enjoy the brief. G-
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Is the short side as safe as falling out of bed-Or is the SPX heading 1500?
Post: 02/24/12 by Gary Dean 2:45
The only thing we have heard from any financial news media or blog, is how
bullish this market is (and it is) don't fight the fed and when will the spx
reach 1500? The way this market has been rolling, it is hard to go against it.
But is NOW the time to jump on the long side or is it safer to start taking the
other side of the trade? This full report (free no advertisement) will make you think twice about taking the "herd" mentality. Click here to see the report
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New Bull or New Bull Trap?
Post: 02/03/12 by Gary Dean 8:15
There
has been a lot of chatter about the new bull market and the spx heading
to 1400-1600, as the bulls simply assume the 1375 is already passed.
The bulls may be correct and we are heading to 1400-1600 by the end of
2012. But sometimes a picture speaks louder than words. Click here to see the chart
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Keeping things simple!!
Post: 01/17/12 by Gary Dean 9:30
The
vix and spx both closed green today, which typically means a red day
for equities the next day. If they decide to break the pattern, we have
absolutely no problem with that-as we kept to our trading plan and
closed 1/4 of our short position today. Read More
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Longer Term indicators are throwing up RED Flags!!
Post: 01/16/12 by Gary Dean 6:15
I
have said over and over again, control your emotions and you will be a
much better trader. On one of my intermediate to long term indicators, I
have a major warning signal in place for a downside move. Read more
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 Is this a Breakout or a Break dance?
Post: 01/10/12 by Gary Dean 9:15
Well,
we couldn't of asked for a better open than what we got today as a
bear. You are probably thinking I have lost my mind-you may be right,
but let me explain. I gave you a peak at our "removing stress from your
trades" approach last night.
I was telling the truth, we closed
our short positions on 1/9/12 at the exact lows and were cash heading
into today. So yes, today was EXACTLY what we wanted as a bear-and cash.
A gap open to start shorting again!!
Many newsletters are now calling today's move a breakout. It may be, but I am looking at it more as a break dance. Read more
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Removing Stress From Your Trades and Controlling Your Emotions!
Post: 01/09/12 by Gary Dean 10:08
Let
me start out with saying, we are still perfect and have zero losses
since July of 2011. I do not have a crystal ball or some system that is
telling me exactly when to get long or short. I have learned how to
control my emotions, be patient with set ups and I am NOT scared of
missing a move. Read More
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It all changes next week!!
Posted by: Gary Dean 01/06/12 12:20
First off HAPPY NEW YEAR!! I have absolutely no excuse for the lack of postings. I have been very lazy and maybe still working off the New Years hang over. But that is all going to be changing next week. There will be posting and market updates much more often then what I have done lately. We have been on a tare and still have not had a losing trade since July. So we closed out 2011 with nothing but wins and that is going to continue,as we have already banked our first win of 2012.
So please accept my sincere apology for really not keeping up with the postings lately. I will be full of energy next week and will be putting out market commentary as much as possible. In the meantime, if you want to join in on our winning streak and make consistent profits week in and week out, become a member!! G-
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Taking a look at the sectors-are we overbought short term?
Posted by: Gary Dean 12/28/11 8:20
The above graphic shows the “risk” sectors
of the SPX. What I find worthy of notice is the percentage of components in
each sector that are above the 5, 10, and 20 DMA.
For example, for the Basic Materials sector
after last Friday 93.3% were above the 5 DMA and after today 86.7% were above
the 5 DMA. The same sector had 80% above the 20 DMA after Friday and 63.3%
above the 20 DMA after today. Read more
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Day
Trading within an IRA – A Money Management Strategy
Posted by: Gary Dean 12/15/11 1:20 p.m
Published by: Jerome Hickerson
One of the myths I sometimes hear is people lamenting that they must swing
trade rather than day trade within their retirement account. While this may
sometimes be true when an account value is quite small, on most retirement
accounts it really isn’t the case. Read More
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Free Written Report!! Trying to be perfect in an imperfect market?
Posted by Gary Dean 12/07/11 @ 11:05 pm
First off, we closed some more trades today with great profits. We still have not had a losing trade since JULY!!
Hi Everyone,
Many
traders are just throwing up the hands and staying out of this crazy
market. I am looking at them as "trying to be perfect in an imperfect
market" Let's assume you are a bull and waited for confirmation before
jumping long and got in at 1200. You have watched your account get
decimated, then in the plus, to watch it go back to even and now are up
5%..SINCE AUGUST!!ll Read More
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Sorry for the lack of postings-we are still perfect since July!!
Posted by Gary Dean 12/06/11 @ 10:05 pm
Hi Everyone-I am sorry for the lack of posting and I have now set aside time each day to try and put something out. We have been very busy in this very crazy, very fast, very news related market. We went long right near the lows and unfortunately, sold those way too early.
I had no idea we were going to get this type of gap after gap after gap style run. We did start shorting after the 3rd gap, which 2 of the position are underwater for now, but we have already closed (4) 1/4 size positions with some real nice gains. You have to be quick when trying to top pick for the first few trades. Rounded tops and V bottoms.
I am working on a new timing system which I have started back testing and so far the results have been very encouraging. For both short term swing trades as well as intra-day squiggle trades. If this ends up consistently telling us when to look for turns, we may have something magical to work with.
There are only 28 spots left for the 2 month $99 special. Act now, because if this new timing system pans out, I am not sure how long we will keep our prices where they are. Good luck trading. G-
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11/28/11 Free written report-so far still perfect, but this one was tough!!
Posted by Gary Dean 11/28/11 @ 9:05 pm
Hi Everyone-Here is this weeks free written report. Our timing systems were looking long last week and we followed the system by layering in 1/2 a position last Tuesday. With Wednesday gap down, we were able to fill the trade, but it was not what I expected. The trade was early, but we closed 1/2 the long side IWM trade with a 1% and 2% gain today. (The TNA trades were 3% and 6% gains) This set of entries was not easy-that was for sure. I explain what is going on now in tonight's free written report.
To view tonight members written report and timing charts-click here.
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 Free full members report-both charts and video!! The slow turtle trading approach remains perfect since July!!
Posted by Gary Dean 11/21/11 @ 9:45 pm
Hi Everyone-our slow layer in/out approach and following our timing system charts, which you can see tonight, has kept our winning streak going without a losing trade since July. The slow piece isn't the speed of the profits we are making-they are pretty huge. It is our approach with not always having full positions, taking profits and layering in and out of trades, that has me calling it the slow approach.
To view tonight members written report and timing charts-click here. The link to the video report is on that page as well.
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 Yes, we are still perfect since July with our trades!! Not a single losing trade!! Free video report tonight
Posted by Gary Dean 11/15/11 @ 8:45 pm
This market is a traders dream and swing traders nightmare. Everyone want to hit the home run and get the big score. But what's the difference if you make 16.30% or 11.87 IWM points trading long/short over the last 4 days or making that in 1 shot?
I do not see the difference and neither do our members. That is exactly what we have done since November 9th with just 2 sets of trades. The timing systems have kept us on the right side, picking tops/bottoms with very little stress and banking profits day in and day out-SINCE JULY!! Not a single losing trade since JULY!!
Below are the last set of trades we made and I am putting together all of the trades since July. It just takes time going through the e-mails and entering them into the port tracker. Below that is the link to tonight's FREE video report. With the success we have been having, new members are signing up each day. There is still seats left for the $99.00 2 month special, but they are going quickly. Sign up NOW!! G- To view tonight's video report, click here
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 Our Divergence indicator is throwing out a warning shot to shorts
Posted by Gary Dean 11/10/11 @ 11:30 am
Shorting the opening gap was a given. Yes, we took a quick 1% on the IWM short side (could have been 2%-but I am not greedy) and we closed yet another winning trade, in just 20 minutes of trading.
But there is reason to be very careful shorting with new money here. Our divergence indicator, just 1 of 7 timing system tools I use to get in and out of trades, is saying to be careful shorting here. Read More
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So our winning streak continues without a losing trade since July!! I will celebrate by offering you our members video report..FREE!!!
Posted by Gary Dean 11/09/11 @ 8:00 pm
Were you buying into this new bull market BS they were all trying to sell you? Were you shorting each BS rumor or nonsense news release bounce they threw at the bears for the last week? Better yet, were you ready for what happened today? If not, you better take advantage of the special price offer I am making available to the first 100 subscribers. Our winning streak continues and we have NOT had a losing trade since July!!
To celebrate our success, I am making available tonight's video report from our premium members page. To view tonight's report, . Click Here
Our new payment system was a failure and we are trying another one now, but it may take a month or so. I have decided to open the special offer up to the first 100 NEW subscribers. Have I told you we haven't had a losing trade since July? Don't miss out on this special-it could end real fast!!
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So What are the timing systems telling for today?
Posted by Gary Dean 10/28/11 @ 11:00 am
The bulls
have been on a tear in the month of October, able to walk around with
the stamp on their chest saying "we were able to show the markets the
best October in history.
They have done a fantastic
unfortunately, we only caught 1/2 the run.
We were getting long almost at the exact lows (IWM 60.70 last entry on
the long side) but when IWM hit 67 the next day, I locked in profits, as
an 11% move in 1 day was a great trade. Little did I know it would be
at my original target of 74-78 in a matter of 18 trading days.
So yes, the bulls have had a great run and for the most part, it was
expected and why I think it made it here with little trouble. Read More
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Guest Post:
Focalequity: 2011-10-27 Stock and Leveraged ETF Highlights
Posted by Gary Dean 10/27/11 @ 8:15 am
Tze: (2011-10-27 Trading Day) – Submit your questions and comments in our comment section through the comment link. Stock Highlights: Please download our newly WEEKLY updated STOCK RANKING MODEL here:ModelOutput_20111023 1. NYSE:VLO Valero Energy Corporation VLO is nice value stock with attractive value related factors relative to its peers within the oil and gas sector. The stock had a vicious rally since its bottom in October and it passed its 200 SMA. Hopefully the 200 SMA turns from a strong resistance to a strong support. Read More
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She's PERFECT!! The timing system remains perfect!! Closed another
(1/4) position for TZA +3% and IWM puts +10% in 10 minutes TODAY!!
Posted by Gary Dean 10/26/11 @ 10:40 am
BUY
BUY BUY-SELL SELL SELL That is our current market!! The algos are
either all in or all out and if you chase the side you think is going to
win, you will get SMOKED!! But if you stick and move, take profits and
then wait for the price to come back to you to re-enter the trade, you
can make massive amounts of profits, VERY FAST, like we are!! Our
downside target 3 was just hit as I was typing this, in which we closed
another 1/4 size position in tza for +5.6%. This leaves us with just 1/4
position on the short side now.
Here is the "morning notes" I
send out to members each morning. Look at the game plan. We covered 1/2
of our short positions yesterday, (1/4) at almost the exact lows. Today,
I put out where we wanted to start buying that short position back.
Targets to start in on the short side as the indexes gap higher. Read more
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10/25/11 Free written report and timing charts
Posted by Gary Dean 10/25/11 @ 8:20 pm
Hi Everyone,
We took some nice profits today after shorting yesterday's ramp in IWM. I have decided to use tonight's written report as a chance to give possible members a look at our written report. The video report just gives away too much info, so I can't show you that tonight. FYI, my developer is finalizing the new payment system. He is trying his best to keep the $89.95 2 month trial offer in tact, but he will not know until he is finished. If he can't, it will be removed immediately from out subscription page. If you are interested in trading our timing systems that have yet to fail us, sign up NOW!!
Tonight's free written report:
They giveth and they taketh
away!! If you don't like what the tape did today, wait until tomorrow,
it will probably go your way. They are being fair to both sides, as long
as you time your entries and exits accordingly. The greedy traders are
the ones saying "get me your most expensive bottle of champagne" one
day-and then "Asti Spumante is fine tonight". See full report
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Another full members report-video included..FREE!!
Posted by Gary Dean 10/11/11 @ 9:12 pm
I have had a lot of e-mails asking for a preview of the reports I send out to members each night. I have decided to let you see the complete report written and video. Look at the timing systems and see what goes into each one of our trades before I alert members of a trade. These timing system are updated and available every night for members who trade on their own as well. If you are interested in trading this timing system and getting market updates every night, please join now!! Enjoy..G- Read More
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 Just a bounce, or are we seeing a changing of the guard?
Posted by Gary Dean 10/05/11 @ 12:55 pm
We
are seeing some follow through from the bulls today and the sentiment
is pretty much, "don't trust the rally". Now I am in no way saying to
just buy blindly here, but there are some things that have peaked my
curiosity and has me wondering, are we seeing a changing of the guard
instead of just a bounce? Read More
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 So you think it is only the bulls that tip the ship over? Are we reliving 2008
Posted by Gary Dean 10/04/11 @ 7:55 pm
It
feels like 2008, it is acting like 2008, are we reliving 2008? I have
been seeing that talked about a lot in the blog world, that we are
reliving 2008. I am NOT one to run with roses and rainbow glasses on and
I am a bear at heart. But there is one thing that bothers me about this
2008 comparison. Back then, nobody knew we were in 2008 and kept buying
the dips for the next move to Dow 20K.
Now we have everybody
trading the 2008 road-map and it may very well turn out to be true, but
dang if I have ever seen Mr. Market do what everyone is expecting,
especially when everybody is running for the exits and already out of
the market. I think that is the biggest difference between now and
2008. Read More
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Turn date calendar for September
Posted by Gary Dean 09/30/11 @ 4:25 pm
Well,
you can trade with them or trade without them. I like knowing when
there is a chance of a potential turn that is about to hit the markets.
Here is a peak at our September turn date calendar. Not 1 wrong turn!! Read More
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Premium members trade journal e-mails for 09/22/11
In
this piece, I am showing the different e-mails that were sent to
premium members throughout the day. This is on top of the nightly video
report, written report, timing systems and turn dates. They are all time
stamped and dated. The $99 3 month premium member special is ending!! If you want to
take advantage of it, tonight may be the last night. Then it will go
back to our normal $69.95 per month. To see today's e-mails..read more
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Simply trade the timing system..and make money!!
Posted by Gary Dean 09/21/11 @ 10:30 pm
I
update these timing system charts each night for our premium members.
If you simply trade the system, you could bank money on each turn. Take a
look at them and see what you can have by your side when trading this
crazy market Read more
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The perfect storm inverted qe2 trade set up, is it in place?
Posted by Gary Dean 09/20/11 @ 9:20 pm
Hi Everyone,
Well, today's close wasn't bull friendly and it leaves many unanswered
question. Did we finish the wave C up and are now about to embark on a
wave 5 down? Or did we just finish wave A at today's high and the late
day drop is/was a wave B down and we are going to see a wave C to new
highs. Read More
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Mixed
Session Ahead of FOMC
Posted by Gary Dean 09/20/11 @ 11:00 0 pm
written by Mel
Market Recap:
Stock futures initially declined on the report that
Italy's
debt rating had been downgraded by S&P. But traders appeared to be trusting
the Fed to make everything okay. As such, futures were pointing to a higher
open as traders apparently view any and all dips as a buying opportunity.
Housing Starts fell in August to an annualized rate of 571K. This was below the
consensus for 588K. The July numbers were revised lower to an annualized rate
of 601K from 604K. Building Permits for July rose to a rate of 620K. This was
above the consensus of 588K and last month's reading of 601K. Read More
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Is the XLF giving us a clear road map of what to expect in the coming weeks/months?
Posted by Gary Dean 09/15/11 @ 11:10 am
Many are believers, including me, that the indexes will
eventually follow the financials. Sometimes it takes time, but history has
shown us that this is a very high odds trade. The financials have pretty much
lagged since the March 2009 lows, only recovering 38% of their losses after the
banking crisis. That may have some scratching their heads about the financials
leading the way, being they have only recouped 38% while the major averages
have recouped almost 78%.
But if you take a step back and look at the % gains off the
March 2009 lows for the xlf, you will see that the financials actually lead the
rally and have rallied some 300% off the lows.
There are 2 very important patterns that are in place and setting up
that may very well be giving us a clear road map for what to expect from the
major indexes over the next couple of weeks/months. The move are very large and I can easily see
if this does play out, how it can catch a large portion of the trading world
off guard. To see the chart patterns and complete write up of what patterns may
be playing out, you need to become a member. If these patterns are going to play out, we
may be in for a wild ride soon. G-
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Complimentary members report (full written report and charts)
Posted by Gary Dean 09/14/11 @ 11:50 pm
Hi Everyone,
Being I haven't been posting as much as I should, I have decided to give
you a peak at what I put out for our members in the written report. I
put this out every night and also include a video report going over
important pivots to watch for the next trading day. If you are
interested in getting this information which includes our short and long
term timing systems-turns dates and trade alerts, click on the
subscribe tab up top. I hope you enjoy. G Read more
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I am sorry for the lack of posting here..BUT
Posted by Gary Dean 09/09/11 @ 2:50 pm
I am sorry about the lack of posts in here, but things have been very crazy on my end. I have mapped out the chaos and confusion road map, even gave you some free peaks into it. Now it is in full gear and it is hard to let you know what is going on without giving away the pattern and targets.
We have traded against the crowd for over 4 weeks now. Covering our shorts at support and when our timing system gives us the signal and then when everybody is getting all bulled up about the ramps higher, we start layering in on the short side, like we did at 69.70 and 70.70 IWM with October puts.
Of course we layered out like we always do and lock in profits and if we just rolled the dice and let them all ride, would have done even better with the trades, but it is just the way I trade..layer in and layer out.
We haven't had a losing trade in a while with this system and I do not plan on having one if we simply follow the timing system and our trading plan. We may not hit home runs, but consistent singles, doubles and triples works for me.
I will go over where we are in the road map, what I see playing out in the next few days and of course, update the CHART that is leading us to the promise land. If you are interested in finding out what is going to happen, join our service now. The road map has been spot on so far!!
Have a great weekend. G-
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Morning Strength Fades
Posted by Gary Dean 09/09/11 @ 7:50 am
Written by Jerome Mel Hickerson
Both the Bank of England and the ECB left interest
rates unchanged this morning as was expected. In addition, OECD said that
global growth has ground to a halt and Morgan Stanley was out with a report
suggesting that the G-7 will jointly intervene at this weekend's summit.
Initial Claims for Unemployment Insurance for the week ending 9/3 rose by 2,000
to 414K, which was above the consensus estimate for 405K and last week’s
revised total of 412K. Continuing Claims for the week ending 8/27 came in at
3.717M vs. 3.707M and last week’s 3.747M. Read More
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Volatile Session Closes Near Where it Opened
Posted by Gary Dean 09/01/11 @ 10:00 a.m.
Written by Mel
08/31/11 Market Recap:
As
the open approached, it appeared that traders were still focused on the idea
that the Fed will take stimulative action. Foreign markets were higher and the
futures in the U.S. were pointing to strength. The ADP report showed that
private sector jobs rose by 91K jobs during the month, which was below the
consensus expectations for a gain of about 100K and also below July's 109K
level (revised down from 114K). However, this was not the disaster that some
had feared. In addition, Challenger reported that there were 51K layoffs planned
in the month, which was below last month's level of 66.4K. Read More
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 The QE3 Ghost Chasers
Posted by Gary Dean 08/30/11 @ 11:25 pm
Every time I hear a fed official talk, I am becoming more and more convinced
they just crave attention and really have absolutely no idea what they are
talking about. We have seen Benny B and the QE band defend qe2 on its success,
but unfortunately, they are the only ones who believe it was a success. The
rest of the world is looking at it for what it really was-a complete failure in
any measure of the Fed mandates. Read More
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Traders Shake off Poor Economic Data
Posted by Gary Dean 08/30/11 @ 11:355 pm
Written by Mel
Market Recap:
Futures
were modestly weak at the open approached as traders were cautious and probably
profit taking after the two day rally.
Tuesday’s
session began with a gap downward before buyers quickly attempted to buy the
dip. But then consumer sentiment data showed greater than expected weakness in
consumer sentiment and the SPX sold off more than ten points in five minutes to
put the low of the day on the chart. The market then rallied twenty points
followed by a ten point pullback. But the market rallied strongly to put the
high of the day on the chart during the final twenty minutes before a sharp
sell-off brought the index to a close seven points off the highs. Read More
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WERE you ready for the chaos and confusion trade? 200 spx points in 3 days?
Posted by Gary Dean 08/26/11 @ 12:42 pm
Look,
listen and then think of this as a game of poker and you are trying to
send you opponent home and you will clean house like we are trading this
market. 37 TF points alone yesterday. I sent out a complete road map of
what I saw playing out in the chaos and confusion trade which would
have the es trading over 200_ points up and down in a few days. We are
now 100+ points into the trade and I guess I can share it with
you..there is another 300+ coming, but you will have to become a member
for those points. Read More
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Rally Continues as Indices Close Near Highs Again
Posted by Gary Dean 08/25/11 @ 9:30 am
Written my Mel
Market Recap:
Overseas
markets were mixed with Asia moving lower on Moody's downgrade of Japan while
European markets were slightly higher despite another raft of disappointing
data. Here at home, the futures were flat as the open approached. Orders for
long-lasting goods rose in July. The Commerce Department reported that Durable
Goods orders increased by +4.0% during the month, which was above the consensus
expectations for an increase of +2.2%. When you strip out the volatile orders
for transportation, orders rose by +0.7%, which was below the consensus for
-0.4%. The June reading was revised higher to +0.6%. Read More
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The "What IF" trade may be back in play!!
Posted by Gary Dean 08/23/11 @ 11:10 pm
"What"
and "if" when used separately are two of the most non threatening words
in the vocabulary. But when you combine the words together, they
can haunt someone for the rest of their lives. (a mangled version from a
line in "letters to Juliette") Yes, I saw it and no I pee standing up
thank you. You now know who is the king of the castle in my house-and it
isn't me when it comes to choosing movies to watch on a Friday night.
Anyway, that one line hit home for me. "What If" is such a major part of
trading and what goes through a traders mind. As they take a position
and deep down they know they are right, the little guy in their head
starts throwing out the "what if" questions, which always happens to ANY
trader. "What if" Ben doesn't announce QE3? "What IF" something blows up
in Europe overnight? "What IF" Ben announces QE3 (shorts little guy in
the head questions) Read More
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Bulls Can’t Hold a Rally
Posted by Gary Dean 08/21/11 @ 8:40 pm
Written by Jerome "Mel" Hickerson
Market Recap:
Stocks were weak around the
globe again Friday morning on continued worries about funding problems for
European banks as well as growth expectations. Citi cut growth estimates for
U.S. GDP as well as their projected EPS for the S&P 500. The economic
calendar was quiet Friday with nothing scheduled for release. Read More
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I gave you the free-bee..NO? How did you trade it?
Posted by Gary Dean 08/19/11 @ 6:20 pm
This is a business I am running and subscribers is how I make my living. But every once in a while, I will throw out a free-bee to let some of you make some money first in hopes you would want this information all the time, each night, throughout the day.
I made it perfectly clear what I was doing last Friday in the "they aren't going to like the way this ends piece" Were you buying into the rally or were shorting the rips like we were? The turn date worked out perfectly Monday and we used the jack up in IWM to fill our short positions with IWM Sept 70 puts and TZA. It didn't take long for the trades to pan out and here is the chart of IWM with our entries and some exits. To see the IWM entry chart click here
Have a great weekend!! G-
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 The psychological Factor
Posted by Gary Dean 08/19/11 @ 3:46 pm
Everybody was worried to jump in on the short side today because of options expiration. Many were expecting a nice size rally (yours truly) and it looked like we were going to get it. We did, but it didn't last long and we used that pump to start shorting IWM again. We are in 1/2 a position now from higher levels and now comes the "what will they do here trade"? Many shorts are waiting for the bounce (another) to get short. Many dip buyers jumped in on the early ramp and are trapped.
With both sides hoping for a rally into the close, odds of Mr. Market giving it to them are becoming slim. If we see the shorts panic and just jump in to get short and the dip buying long bail because they want to sleep over the weekend, we may get a supply shock into the close.
I am not sure about this and I am NOT adding more to my shorts, but looking at the market heading into the close from Sigmund Freud eyes, I think the stress in on the shorts that aren't in the market and the longs that are in the market. Be careful-1130 spx was taken out..1100 next. G-
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Morning thoughts
Posted by Gary Dean 08/19/11 @11:02 am
This was sent to members this morning-still in play..Emotions/fear are stronger than GREED. Options expiration
is today and I thought maybe they were going to try and support the indexes.
Futures are under pressure because of the FEAR of the Eurozone starting to
crumble.
They MAY try and support the indexes today because of
options expiration, but it is a very dangerous trade. If spx breaks 1130, all
bets are off for an options expiration bounce and we want to look short only. I
would expect a move down to the 1100/1090ish if the spx breaks and holds under
the 1130 pivot.
The ES is STILL above the support line I pointed out in
the morning video, but it is coming back down to test it now. If the master
planners are going to pull a fast one and jack the markets higher, they will
have to prove to me the plan is working before I will test the waters on the
long side.
The bigger picture: The lows from August are not the lows
(unless something drastically changes) The safest trade is to short rallies at
pivot levels, which may or may not be 40-60 points higher on the spx. That will
only be in play if they hold the trend line and get some volume behind any
tries to the upside. G-
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Another SET UP? I warned of a pattern the other night-IWM dropped 9% in 2 days-and now another is in play!!
Posted by Gary Dean 08/19/11 @10:52 am
Yes,
this is a teaser for all of the freebies coming over and checking out
what is going on. I gave a warning about a bearish set up Wednesday
night and IWM dropped 9% in 2 days.
There is another in play and
if you want in on this action, you must subscribe. Is the pattern going
to be up or down? I just posted the chart for the members and we will
be taking our position today. IF everything plays out, I am expecting
200%-300% profits on the options we will be getting in.
You don't want to miss this one!!
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Done for the day.. And a great day at that!! What I saw-and how I traded the move..60 minute timing system chart
Posted by Gary Dean 08/18/11 @ 4:11 pm
Our
style is to layer in of trades and layer out of trades. Very rarely
will I catch the top or bottom on the first entries and as much as it is
frustrating, we wait patiently for the next pivot and take another
block.
When the indexes were crashing, I was seeing buy signals
on our 60 minute and daily timing system. Being we were moving 500 per
day, I didn't even try the long side at the lows. But after the bounce
and then pull back, we jumped long IWM 66. Unfortunately, the news out
of Europe freaked me out a little and I took the long positions off..way
way too early-and IWM went right up to the 72 target I was telling
members it was heading to. NOW that was frustrating!!
Instead of
chasing the IWM up, I decided to switch hats and start looking on the
short side. At 69.20 we took 1/4 position, as it was a pivot. Once it
blasted through that pivot, we took a 1/2 position at 70.30 and then a
little stress-as the "no news Monday rally" jacked the Russell up some
2.8% that day. Read More
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Stick and move Rocky-Stick and Move..Adrian-Adrian-Adrian!!
Posted by Gary Dean 08/18/11 @ 8:53 am
 So here I am again, thinking I was just going to get a black eye at most, if I tried the short side of old yella again (gold) Feeling like Rocky after-well every fight, I am limping back to my corner holding underwater GLD puts again, with another black eye-fat lip and broken nose.
But the fans are chanting Rocky-Rocky-Rocky and I am getting that will to fight and WIN. See, this GLD put trade is a hedged trade, as I explained to members. I have GLD puts as well as a boat load of IWM puts, which I covered with the initial thrust lower. The IWM puts I sold doubled the loss on the "STILL OPEN" GLD puts. When one goes up, the other goes down. And those puts I sold near the open, yes, we bought them back again, right near the exact top for IWM, as instructed to members in the e-mail this morning..time stamped.
From: Marketspath [mailto:gary.dean@marketspath.com]
Sent: Thursday, August 18, 2011 10:14 AM
To: Prememium Members
Subject: IWM..6X.XX target (members only)
The news is NOT helping the bulls case for defending the
tape today. The diamond top target and support was busted like it wasn't even
there. If they give us a chance at 67.60 IWM, I would take it for 1/2 position
on the short side with whatever trading instrument you use. 6X.50 is the next
target in site. G-
I will have actual postings shortly, but we are pretty busy sticking and moving around this volatile market. If you want in, click on the subscribe tab. G-
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Free Morning video report has been updated
Posted by Gary Dean 08/18/11 @ 8:53 am
The free morning
video report has been updated. You can either click on the link in the
left hand corner or click on the title here to listen. The pattern that I
was teasing you with last night..well it is going to hit target at the
open.
It was a diamond top and where the IWM is set to open, it should reach
the target I mentioned to members last night. Click on the subscribe tab
above to get these patterns and daily trade updates throughout the day.
Or you can just come here and read them after the fact for free..Good
trading. G-
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Just spotted a pattern on the IWM chart
Posted by Gary Dean 08/17/11 @ 6:25 pm
There
is a pattern that may have triggered today on the Russell 2000 chart.
It is the short term pattern but very well could have the Russell 2000
seeing a sharp move real soon. I spotted this pattern before (it works
both on the long side as well as the short side) and the last time it
was the bearish pattern. The Russell dropped 164 points in 6 days. Are
we about to see the same type move? Read more
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 Jackson Hole Bazooka or just a Black Hole?
Posted by Gary Dean 08/17/11 @ 11:50 am
This
piece was sent to member's this morning..still in play I think-but if
you wanted to read it live, just join our members service.
This is why I like to scale in and out of positions, (covered 1/2 of the shorts yesterday near the lows)
especially when we are in a battle zone. We have a lot of traders looking up
here and I am starting to see warning signs..AGAIN!! (just covered TF short for 7.50..it was a freebie in the trade room) Read More
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 Gold! Gold!! Gold!!
Submitted by: Gary Dean-Marketspath 8/17/11 @ 9:03 am
I think it is
pretty safe to say that the old saying "it as good as gold" has taken
on a new meaning. After countless days of rain here in NJ, the sun
finally came
out, giving us hope that the end of the world isn't upon us. I saw my 2
nieces running down the driveway with some buckets and a drainer. I
asked what they were doing and why weren't they going to play kick the
can with
their friends. The oldest looked at me and said, what the #@%& is
kick the
can you old hag? There is a huge puddle over there and we are going to
look for
gold. Did you see what gold has done the last month? Read More
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Turn Date Worked Out Well Today..
Submitted by: Gary Dean-Marketspath 8/15/11 at 2:51 pm
Yesterday
was a turn date that our members were well aware of from our turn date
calendar and it was a strong one as well. The turn dates have been a
little tough to trade because of the extreme volatility we have seen
over the last few weeks, but it is good piece of equipment to have in
this market.
So with yesterday's turn date expecting a turn lower, we were layering
in small short positions since late Thursday 1/4 blocks on the way up. I
didn't expect the Rut or any of the indexes to rally as hard as they
did yesterday. Read More
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Rally off the Lows Continues as the Week Begins on an
Up Note .
Posted by Gary Dean 08/16/11 @ 11:55 am
Written by Mel 08/15/11
Japan's GDP report came in with a smaller
decline than analysts had projected which triggered buying in Asia. And while
it was a holiday across continental Europe, most markets were trading higher in
response to narrowing yield spreads. And finally, in deal news, Google is
buying Motorola Mobility (MMI) for $12.5 billion, which represented a 63%
premium to MMI's closing price from Monday. The Empire Manufacturing Index for
August was reported at -7.72, which was below the consensus expectations for a
reading of -0.1. Read More
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The Preferred Wave Count In Blog World
Submitted by: Gary Dean-Marketspath 8/15/11 at 12:40 pm
After
combing through some of the more talented wave counters in the blog
world, the preferred wave count has the SPX in a wave 4 after Friday's
close. The targets on the upside for this wave 4 range from 1200 to
1260. These targets make perfect sense as they are your typical fib
retracement levels. Read More
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Submitted by: Gary Dean-Marketspath 8/14/11 at 9:30 pm
The bulls have made it through the weekend without any bad news to hit the newswire (yet?) The pattern they are forming with the ES is getting interesting. The way I see it, they have 2 roads they can follow from here. Try and force feed some type of wave 3 and scream the indexes higher (I wouldn't bank on that) or they are forming a bearish wolfewave, which may complete tonight and we see a move down to the 1165/1155 area in the coming days. (I like that road map better) Read More
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Submitted by: Gary Dean-Marketspath 8/12/11 at 9:51 am
Here is your freebie for the month..SHORT ALL RIPS TODAY!! Focus on the Russell 2000. IWM September69 puts or TZA. Look to cover or sell tza 1/2 the position when TF gets to 675 (20 points lower) and and cover 2nd 1/2 when TF gets to the 665 level (30 points lower) Read More
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Submitted by: Gary Dean-Marketspath 8/12/11 at 6:26 am
So the bulls are trying to add to yesterday’s massive short squeeze, something we have NOT seen in a very since July 25th-2 up days in a row. Can they pull it off? I think they have a chance, but don’t be surprised if we close green but it feels like a red day. Meaning they may try and make a run higher in early trading, but with the bulls charging across the field on crutches and limbs missing, I am not so sure the bears are all that scared, as they lie on their backs waiting for them to finally arrive. Read More
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Pendulum Trading!!