Monday, January 14, 2008

Learning to Trade

One of the best sources of one-on-one tutoring I know. Even the vast amount of free information this gentlemen provides is well worthwhile.
Bill
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Red=My Comments Black=outside source

I trust you received the Trader 2008 results page I sent last night. And as a reminder, those of you signed on for the stock picks must sign on again this week. Please do it here or go to the Fee/Guarantee page on the site.

Starting as always with our Wall of Worry for the week we notice huge important numbers for the market this week. Retail Sales, Wholesale Inflation on Tuesday, Consumer Inflation on Wednesday, and Housing Starts on Thursday. PLUS earnings start pouring in this week. The bigger a company is in relation to its industry the more positive/negative impact it has on the industry and the market. What it all means is more volatility, probably great volatility. The negative sentiment is in the market but positive surprises make for bullish rallies.

Headlines of note:
Dollar Falls to Seven-Week Low on Speculation Fed Will Cut Rate Below ECB
Fed Signals More Aggressive Policy, Favoring `Insurance' Against Recession
Gold, Platinum Rise to Records in London on Declining Dollar; Silver Gains
Wall Street's Latest $35 Billion Writedown Puts Squeeze on Profits in 2008
Bernanke Signals Deeper Rate Cuts, Emphasizes Faltering Economic Growth
Stock Picks for Jan 14, 2008
Stock picks available for active students only.

Regards,

John Robichaud
www.wallstwise.com
Trade what you see, not what you believe.
321-806-4068

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