You see, in my Wealthy Retirement Safety Net column and in The Oxford Income Letter, I lean heavily on fundamental analysis. I look at metrics like income and cash flow to determine a company's ability to maintain its dividend, and I also study the competitive environment to gauge stocks' likelihood of rising. This is often the best way to look at a stock's viability for the medium to long term - and it's a skill I honed while working at the contrarian firm Avalon Research Group. But when I started my career as an assistant on a trading desk, executing trades and watching the "tape" for trends, I needed to find a way to help make sense of all the data flying across my screen. Thus, I began to rely on technical analysis and chart patterns. Now I can't imagine trading without them. Using chart patterns is the perfect strategy for anticipating a stock's short-term movements. A few of my favorites include... - The bull flag pattern
- The head and shoulders pattern
- Ascending channels.
But what most people don't realize is that there are inverses of these patterns that allow you to take advantage of downturns in share prices too... - The bear flag pattern
- The inverse head and shoulders pattern
- Descending channels.
And if you can master just a few simple chart patterns - and their inverses - you can produce results that are unthinkable for most investors. In fact, so far this year, I've used these three patterns to produce four triple-digit winners for subscribers to my VIP Trading Research Service Technical Pattern Profits despite the broader market being down around 19%. And I've recently unveiled a new, powerful chart pattern. I call it "Project 9"... Why? Because utilizing it is as easy as counting to nine. It harnesses tiny but potent "micro-bounces" in falling stocks. That's why I've put together a new investment series for you. I've prepared a special free presentation where I explain this pattern. And I'm so confident in Project 9 that - for the FIRST TIME ever - I will be trading my own money alongside Members. Go here to trade alongside me using Project 9. Good investing, Marc |
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