Make Money Fast - Trade For The Weekend With Fantastic Profit Potential!

If you read our other articles on this site, you will see we are bullish of crude oil and unleaded gas on pullbacks.

Here is a trade that could return 100% or more, see if you agree with our view, it looks an outstanding opportunity.

Crude and unleaded gas have fallen over the last few days, but this will change between Friday and Monday. Why?

Simply, weak speculators are being washed out - There is no change in the fundamentals in a few days, this is just profit taking.

There are however problems looming ahead to underpin prices and send these contracts higher.

We are looking at an outstanding entry point in risk - reward terms, to place trades. Why?

We are right at support at the bottom of the Bollinger band and stochastics are severely oversold. Technically you can enter at an area of strong support.

Fundamentally, as we have said nothing has changed - They are the same as they were a few days ago and we have profit taking.

So why do we think prices will rise?

The major driving force behind this market is the prospect of confrontation between America and Iran.

The UN will vote but will the Chinese and Russians abstain? Probably, and what has the US made clear? They will go it alone. This set up the potential for a huge spike in prices.

This geo political uncertainty will see gas and crude stabilize and move higher over the next week.

Also keep in mind:

Traders will buy into the weekend, so look to be long with options. Buy at the money or close to the money, NOT out the money options and get plenty of time value.

How far do we think crude and unleaded can go to the upside?

We don’t know, but we would say, that the highs are a realistic target. Many brokers are talking about $100.00 a barrel.

If it got there great, but the highs can yield huge profits anyway, so we would be very happy with that!

Look at the potential for yourself and se what you think, check our recent articles and see our in depth comnts on all ergy markets.

For more FREE information on trading these markets for huge profits, please get our free report with tips, strategies and current views:

http://www.wellingtoncr.com/new_energy_reports.html

Jobless? You Stand To Be Rich!

This is a true story about a homeless man from Illinois. This man slept in alleys, park benches and wherever else he could find enough space for himself. This man used to beg for food and money. He had nothing but time to himself.

He knew he was capable of being more than just another homeless man. Can you imagine being homeless and having a vision inside of you that you can’t get out? In my opinion, being homeless with a vision is worse than just being homeless. The reason this is worse is because if you tell someone your vision while you are in a homeless situation they will laugh and not provide any money to you for fear that you are on drugs.

This man understood his vision and had what Napoleon Hill, author of Think and Grow Rich, would call a definite purpose. This man’s purpose was strong in the sense that he did not let anyone shake his confidence in himself.

You must have this same sense of purpose because people will try to take you out of your game plan. You must resist their temptation and shake them off as though you knew without a doubt you were born to bear out your purpose.

This man stayed the course and decided to start collecting aluminum cans and selling them to the junkyard. Everyday he would go around collecting aluminum cans off the ground, out of garbage cans, and wherever else he could get them.

He used the money he received from the sale of the aluminum cans to first feed himself and then to feed his vision. Slowly but surely he began saving more and more of his money, while still homeless.

He eventually saved enough to open an auto parts store. The auto parts store was his vision! His vision grew to a chain of auto parts stores. Yes, a chain of stores from a former homeless man. Do you see how every coin and every dollar counts?

This man powered his purpose with actionable faith. He did not let what people thought deter him from his goal. There are many examples all around us of people who went from rags to riches. If someone else did it, so too can you.

Hopefully, this story illustrates why it does not matter where you are today. Decide that your tomorrow will be much more desirable.

Can I tell you a secret? This man’s story did not begin when he started collecting aluminum cans, his story started when he decided to believe in his vision. Your story starts the moment you decide to believe in your vision.

Do you believe in your vision? Have you decided not to let other people take you out of your game plan? If so, you are definitely on your way.

© Copyright David Wells. This Newsletter and all contents are proprietary products. All rights reserved. You are welcome to forward the entire Newsletter to anyone interested.

Often referred to as The Money Motivator, David Wells is passionate about helping people crack the wealth code to become money magnets. Let him teach you the techniques Hillary Clinton used to turn $1,000 into $100,000 in the course of a year.

For more information visit his website at http://www.themoneymotivator.com or contact him at david@themoneymotivator.com.

How Eating Bitumen Made Me a Better Stock Trader

Stock market trading is a fascinating activity.

There are so many layers to it. And so many paths that you can go down.

Soon after we first got interested in the stock market I became captivated by technical analysis. I finally felt that I was in control. It gave me great confidence to have all these tools to use.

We bought some expensive charting software and I started playing with the hundreds of indicators that it contained. Exotic sounding devices with impossible to understand mathematical formulas.

So, armed with all these new tools, I was sure we would be making a killing in no time. Because now we had science on our side!

And so I spent night after night, weekend after weekend trying to understand them. Backtesting. Trying one and then another.

But still we struggled to pick the winning trades.

I can remember buying this add-on to our software that gave us even more indicators. And I was convinced this would finally make the difference.

So I tried yet more indicators. Using different settings and different combinations.

But success still eluded us.

And it took us quite a long time before we understood why.

But before I explain what we discovered, let me tell you about eating bitumen.

My office is close to home. So some years ago I decided it was silly for us to have a second car. And so I traded it in and bought a scooter.

Now the only real problem with scooters or motor bikes [apart from getting wet in the rain] is that you are fairly likely to get hit by a car at some point!

It just stands to reason.

So I am always careful to watch cars to see which way they indicate they are going to turn or whether they are stopping.

But this one day I was in a bit of a hurry.

And as I approached an intersection a car was parked at the stop sign on my right. I was going straight through and the driver was indicating to turn left.

[At this point I should remind some of our overseas friends that we drive on the left side of the road!]

So I knew it was OK for me to keep going straight through the intersection. Or so I thought!

Next minute I am slamming on my brakes as the car accelerates across the street immediately in front of me. As my scooter hits the fender I go flying across the front of the car and land on the pavement on the opposite side.

For anyone who has experienced such an event you will know what I mean when I say that it was like the whole thing happened in slow motion. Quite weird!

I can remember looking at the car as it headed for me and not believing that this was really happening.

Because I was convinced it was going to turn left. The driver had indicated that he was turning so what was he doing on my side of the road?

But there he was. I couldn’t believe my eyes but eating bitumen convinced me that this was indeed reality!

Ever since, I don’t trust car indicators. Instead I have learned to look at the front wheels. Because this is the true indication of which way the car is actually going to go.

And you can’t rely on looking at the driver, even if you can see them. Because they often don’t seem to know where they are going, either!

But the wheels don’t lie!

The car can only go in the direction they are pointed.

Now what on earth has this got to do with what I was talking about before?

You remember I was telling you about the problems we were having with technical indicators? Well what finally dawned on us was that we were not taking enough notice of price action.

And so we started to study the chart before adding any indicators.

And suddenly we saw what was really happening. It was like looking at the car’s wheels instead of its blinkers.

You see, technical indicators are just what they say they are - indicators. Not reality. Not price action.

But an interpretation of price. A filter.

And so you need to look at a stock’s price chart on its own to get a picture of what is really going on.

This is not to say that technical indicators are not useful. But the critical thing is to only use them after you have analyzed price action. Not before.

Just remember - the wheels tell the truth!

The above comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn’t worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.

David Chandler
http://www.stockmarketgenie.com

For your FREE Stock Market Trading Mini Course:

“What The Wall Street Hot Shots Won’t Tell You!” go to:
http://www.stockmarketgenie.com

Political Investing

We have two candidates for president that have really different ideas on how to make the economy grow.

Bush believes in the entrepreneurial approach. People should be allowed to invest in themselves. He even wants to let people have some of the 15% that now goes to the Social Security “trust fund”. Folks, there ain’t no such thing. All the money the government takes out of your paycheck goes into the general fund and the pols spend it as they choose for “your best interest” provided it coincides with theirs. Am I being too cynical?

Gore believes the government should take care everything and everyone. The more dependency of the people on the government the better because the dependents will look to him for what they need and keep him in office. Forty percent of the people in this country pay no taxes at all.

But what is the important thing that will make the stock market continue to go up? Is Bush better than Gore for the market? Or visa versa? Is a Democrat better than a Republican for the stock market? Or visa versa?

Historically the market finishes the year up 14% when the incumbent party prevails. The Dow goes down 3% when the parties change in the White House. It would seem Mr. Gore would be a better bet. But little George has proposed a plan that would give wage earners the right to put 16% of their payroll taxes into a private investment account. This would certainly fuel the stock market.

Who takes care of those who do a poor job of investing and lose all their money? We are already taking care of them. Did you know the return on investment for Social Security is about 2 1/2%? A money market fund earns twice that. Yes, there will be some who do lose that small personal investment account; however, there will be many more who do well and will have a better lifestyle for their personal efforts. There will be another bear market and all the sheep will be sheared.

Right now the economy is so strong that Mr. Greenspan is doing his best to slow it down. And we are in a strong world economy. Even Germany and France have finally learned that the way to stimulate their country’s growth is to lower taxes. It has been an expensive lesson for them. Lower taxes mean more money for people to spend and invest, both of which stimulate the economy. Democrats needn’t worry that there will be less spending if they should lose the White House as the Republicans know how to spend as well as they do. Cynical again, huh?

When it comes right down to which man will do better or worse for the stock market it is a toss-up. The difference is made in Congress, not in the White House. The president tries to steer the Congress to act on his beliefs. One of the things few people remember - it is best to have opposing views between the executive and legislative branches of government. A Democratic president is balanced off by a Republican Congress. And visa versa.

We’ll just have to wait to see what this next election brings.

Al Thomas’ book, “If It Doesn’t Go Up, Don’t Buy
It!” has helped thousands of people make money
and keep their profits with his simple 2-step
method. Read the first chapter at
http://www.mutualfundmagic.com
and discover why he’s the man that Wall Street
does not want you to know.

Copyright 2005