This is going to be a BIG WEEK...Weekend Video Update

18 thoughts on “This is going to be a BIG WEEK...Weekend Video Update”

1. Don,

   If you use just the weekly and daily Trade Triangles as your signals,could you effectively daytrade or swingtrade within the S&P's current trading range scenario.
   In other words, can the MarketClub TTS be adapted, effectively & productively, for short term trading?
   Does anyone know of someone who is effectively employing the Marketclub TTS as a daytrader or swingtrader?
   Thank you for your insight!

   Sunday

2. Adam's words follow the trade triangle system (TTS) he and others developed. The TTS is a trend trading system. The current market is in a Trading range. If you are following the TTS, why are you in the market on a short term (weekly) basis? All of the market controlling forces are in chaos: the direction of the economy, the political direction, the US currency direction, and the commodities (raw materials) direction. While there is a definite negative bias the direction of any tradable market is questionable. Day trading with techniques like opening gap systems may (no recent personal experience) and options spread systems may be profitable. In either case the only thing TTS will tell you is you are in a trading range. Trading ranges = market indecision. I cannot tell from your post how you trade. I can say that if you trade a trend following system for short term volatility trading you will get slowly eroded. I really suspect that the frequency and method you want to trade is not within the sensitivity parameters TTS. If that is not the case, you are not listening to the TTS.

3. It's interesting, don't you think, how technology stocks tend to be the most responsive to the markets' movements... I've noticed above in some of the comments of frustration regarding "the system" and it's slowness that many people have missed out. I think MarketClub's real strength lies in the longer term trends, not the daily action. For that, I think you need to look to my Evening Investor Strategy.

   MarketClub has several strengths, especially for the person who is looking to get the big picture. Unfortunately, due to the use of the lagging indicators, almost all systems are going to fall behind. But it is better than getting in only to lose money due to greed or trying to catch every bottom or top.

4. Adam,

   You've been publishing and actively promoting shorting the S & P 500 Long Term and Intermediate Term as of last week. Now that you've sucked in many individuals to short the market your story has changed on a dime.

   I was a subscriber and quit because I lost a lot of money with your poor market calls having us continually on the wrong side of the market. And here we are again short the S & P 500 as it begins it's fall and winter rally.

   1. RD,

      I am not sure you are being totally fair with your comments. What I have being saying is according to our long term Trade Triangles the trend is down. That is still the case. In the last two weeks we have seen one of the biggest rallies since 1984.

      I hate to see someone lose money but when you follow our Trade Triangles like we preach and get in when the signals occur then the odds are very much in your favor. Lastly, when you point a finger at me saying it is all my fault, remember you have three fingers pointing back at yourself.

      I wish you all the best in the future.

      Adam

5. Dear Everyone,

   I think that the market is already falling, but you just don't see it yet. We are DEFINITELY going into another recession, or a more intense continuation of the current one, depending if you have a job or not. Europe is coming to the end of the road, one way or another, which means that there is going to be a commodities glut. Canada and Australia are going to see their economies shrink wholesale. China is going to economically and politically implode. It's already happening. Look at IFN and MCHFX and EWZ and the Jakarta and Bombay stock exchanges. It's happening again. But, this time it can't be stopped. Read "Economic Warfare: Risks and Responses" by Kevin Freeman. That will explain better what is going on.

   Cheers, Cherubim

6. It's not likely we're going to see a market crash. Markets crash when everyone is bullish and complacent. As long as there are plenty of bears out there, the market will climb the wall of worry until everyone is sucked in. We're not there yet.

   Or, some financial meltdown happens but I don't see that anytime soon. Any rumblings will be met with more bailouts and restructuring.

7. Joe Duray-Bito: You are absolutely correct on all counts! And further, BOTH the daily gold and silver charts have completed a lesser known formation called "the cup and handle" and are ready to move up from there, Looking back at long term gold charts, these formations have led to significant upward moves over the past 10-12 years. And YES! the more the merrier.

8. Remember the golden rule: "He who has the gold makes the rule." Just get more.
   Both the daily chart {short term} and the weekly chart {medium term} are oversold.
   It is a BUY BUY time the more the mere.

9. Adam,

   As I have been consistently following your commentary the past 7 to 10 days, you enthusiastically continued to cheerlead for the dollar index up until today's lukewarm update on the $dollar index(least enthusiasm you've shown for this market in sometime). Despite weak volume in the S&P, this index has continued to climb each day beyond your anticipated daily analysis. Despite inherent bearish and critical political leanings, price does continue to be truth in spite of any and all analysis or trading systems. Based on your lukewarm review of the dollar today, and now upward projections of the S&P and DJI to the upper ends of the Fibonnaci levels, it seems that it may be prudent for me to exit the dollar now. Why didn't you review SKF today as you have been following this etf for some time now. Thank you in advance for your opinion.

   Sunday

10. I just expect now

11. "In the latter times, the people will throw their gold and silver into the streets"...is a latter times prophecy that hasn't happened yet.

    King Solomon didn't use Gold as part of his money system. The unbelieivng Gentiles did establish money values for it...

12. That's the problem i had, don't expect to catch the bottom, but should get a few days of the bounce--new trend--(don't know what it is yet) Also, if short the pain could get excrutiating ;o) Also, charts too clunky for me, which was my biggest beef.
    Good luck next week, should be ineresting !

13. I'm ready silver down monday & gold sideways. both down Tuesday, then up up and away on Wednesday.

14. Missed the big moves of last 9 trading days! The system is slow to turn!

15. how would i know if i got money

16. I think that we are ahead of a nasty Short

17. I am going to be challenged again this week, Last week i stayed short just in the hope of the words of Adam Hewison. I am on a trial Period right now. Hope the Market Club data pays off for me, right now i am in Hell. Still strong though but in HELL.

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