NEW TRADES UP

THERE ARE OVER 14 NEW TRADES UP THIS WEEKEND BETWEEN THE TWO LISTS, CHECK THEM OUT.

By now we all recognize the market is being manipulated by the treasury, the Fed and Primary dealers in a slow melt up, I say slow because you can look at the NASDAQ 100 over the last 3 trading weeks and it's returned $.59%-barely better then a half of a percent. It's not even worth the risk. However, that doesn't mean that there aren't good trades available every day. What the Fed manipulates is in a narrow range and what is manipulated by high frequency traders is on a short term basis. The key to successful trading right now s having excellent risk management, knowing which stocks are part of the game and staying out of those and of course finding the high probability setups.

We've had trades barely a month old that have returned over 600%-they are out there and we get great trades every week, the key to taking them is having your house of risk management in order. Believe me, I see members hitting 4-5 of these a week.

Market breadth is horrible, and the Fed has never shown a track record of being able to fix the underlying problems in the market-sooner or later they come out and with breadth the way it is, you want to be there when that day hits.

It should be a fairly quiet week with the exception of some Fed related speeches and we have the Ron Paul committee hearing coming up that may shake some trees in the Fed. We are also witnessing some historic events unfold in the middle east-the U.S. has dispatched warships to the Suez-something s brewing, I had a feeling when the chairman of the Joint Chiefs made that odd statement last week.

This week may get more exciting in the market then it is currently set for.  So take a look at the trades, email me if you have questions and when you see that trade that you like, get your feet wet, you get paid to take risks, you make money when you mitigate those risks.  


Have a great week