This year, Christmas falls on the 4th Thursday, and the stock market will be open for a half day on Friday, December 26th. We will publish our next issue sometime in the morning of Friday, December 26th.
We are planning a new series of six seminars, one each on the major systems that we use to trade the markets. Each of these had a major profit with buy signals near the October lows, and all have long-term successful track records. Stay tuned for schedules, pricing, and subscription information.
The feature article is perhaps a little optimistic in light of this week’s market action: it discusses the possibilities of NASDAQ making new all-time highs, as most other indices have done. Strategies are laid out for both hedgers and speculators who agree.
Our market opinion is bearish for the short term (page 5), but this is likely just a short-lived correction.
On page 7 is our first discussion of the use of “modified Bollinger Bands” on other markets – Oil and Gold.
New recommendations include a put sale in DO (p8), and a Conditional trade for the broad market, two diagonal spreads (in RHT and KMX) on page 9, and two put buys (on page 10).
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