August 29, 2007 Newsletter

Dear Fellow Stock Surfers:

Well, this has been an interesting few weeks in the stock market with a 10% drop in the Dow followed by a rather intense up move which may still not be finished. Where we go from here is anyone’s guess and if you want me to pull out my crystal ball and put my spin on where the market is headed trust me I am not that kind of stock trading advisor. I don’t over-analyze the market, I just surf it! There are plenty of pundits out there each with a different spin on it as to what is happening with the market and what to expect in the future.

It is very difficult for anyone to completely and adequately analyze the vast convergence of information, much of which has not fully played itself out as a result of the tightening of credit that is having a ripple effect throughout the real estate and housing sectors.

Looking back at the DJ-30 index in 1998 it dropped 25% with many traders certain that the sky was indeed falling and the stock market was immediately headed for a bear market. This was just before the market rose 50% in a year after this shakeout. The bear market didn’t fully occur until 3 years later and in the meantime the patient and observant were able to latch onto another bull wave.

This stock market has only corrected 10% so far and obviously this can change very soon and probably will as the market tests and re-tests levels of support. So follow the trend…..and see where it leads. Individual stocks often foreshadow the changing of the trend before the broad market does. Despite the treacherous conditions in the market recently we were not without some gems in the trading club.

With the extreme volatility in the housing sector due to the credit tightening BZH had a huge shakeout dropping from $34 down to $11 in just two months. I mentioned in chat that I don’t typically recommend day trading stocks but I saw a perfect opportunity in this particular stock which had extreme price tension due to panic selling. I said to expect 20-50%+swings in the stock in the few weeks after I posted the call. Here is what was possible trading just a simple 10/50 Crossover of the 15 minute moving average.

FMT was another shell shocked mortgage sector stock that Daryl called at 3.83 on a reversal signal on 8/16. As of this writing the stock is up nearly 50% in 4 days (that’s 100% on margin). Try to beat that with a stick. During the market doldrums when everything looks bleak these bounces can make you huge short-term money but you have to be quick and decisive.

Here is another housing sector TMA that my trading partner Daryl Thompson spotted and posted near $10 on 8/15. This one offered another huge bounce good for nearly 50% in just two days. You gotta love these Bottomspringing stocks – when they turnaround they can offer amazing short-term returns.

In the trading club beginning this in the next week, due to what some are calling too many trades being posted (Remember, we are stock fishing-we throw a lot back in the pond) Daryl and I are going to experiment with a different tact on our momentum trading tag team concept more in alignment with our individual styles of trading with Daryl covering the morning hours from 9:30-12:30 when the market is more active since a candlestick approach is often a shorter term approach to trading and myself covering the 1:15-4 PM slot with the Bottomspringers approach being more of an intermediate to longer term swing trading approach. This should cut down on the number of trades posted. If you have an emergency stock question I’ll be close by and you can always pm me and I’ll answer as soon as I am able.

By the way, we are considering adding a separate weekly only service for the trading pond with more in-depth stock analysis and more finely filtered trades for longer term position traders who don’t have time to follow the daily action in the trading club. This may happen over the next few months. If this interests you please drop us a line at here so that we can gauge the level of interest in that type of format.

How To Snag Extraordinary Short-Term Gains From The Stock Market Using Simple Candlestick Analysis

Hi. Daryl Thompson here.

One of the trade setups working very well in this market as it comes up from a bottom is the simple Bullish Engulfing pattern. Especially my favorite variation I call the BEaST – a Bullish Engulfing on Steroids (We also call it by a more affectionate name in the chat room – a BABE – and you’ll have to ask me what that stands for in the chat room!)

After a stock has been in a prolonged downtrend, when a Bullish Engulfing pattern sets up, it’s almost always a significant reversal pattern – especially when the general market is downtrending and starts reversing back to the upside. That’s where we are right now – we’re seeing the market come back almost as fast as it went down.

You oftentimes get great one to five day swing trades out of such a setup - to the tune of 10 – 25% and more – sometimes much more, as we’ll see in the PLX example below.

Here are a few examples of the Bullish Engulfing, BEaSTs and BABEs in action…

TESS – Tessco Technologies Inc.

On August 10, 2007, TESS flashed a very powerful reversal signal after a sharp downtrend. While not “officially” a Bullish Engulfing pattern, the reversal had the same explosive dynamics. Notice the unusually high volume and extremely oversold stochastics curling up on the strong reversal. The stock was up 23.13% for the day, and has not stopped since - with another ten green candles in a row after the explosion, allowing a 25% gain in ten days. And it’s still going.

PLX – Protalix Biotherapeutics, Inc.

This one was more subtle, but still illustrates the power of the Bullish Engulfing reversal pattern.

On August 1, 2007, PLX popped 26.3% with a nice BEaST (or BABE) candle after a prolonged downtrend. Just imagine if you spotted the reversal, thought the stock was interesting, and bought some shares on the close at $17.00. Then say you forgot about the stock, until Friday. Imagine your shock as you now see the stock at $45.72! A 269% improvement in less than a month. These are the possibilities out in the market each and every day. I doubt if any newsletter in the world picked up on that one.

Finally, an example of my all-time favorite trade setups – the Baffle.

SCON – Superconductor Technologies Inc.

SCON Baffled (Baffle is an acronym for Breakout From A Flatline) on August 21, 2007 on good volume for the stock. It was up a hefty 32.7% for the day. Most traders would have given up on the stock, thinking to themselves “Well, that was a great move, but it’s done for now.”

Wrong, Moosebreath!

After a little fakeout the next morning, the stock rocketed up another 21.33% for the day, followed by a decent 3.52% the next day, and continuing on its rocketship ride Friday to the tune of yet another 25.66%. And again, the stock is still going.

Now I hope you see why I like to search for these particular trade setups using simple Japanese Candlestick Analysis. They can truly lead to unbelievable short-term gains, even in a so-called “bad market.” You could realistically make a living simply trading a few of these ultra-powerful trade reversal setup signals.

Join us in the BottomSpringers Club chat room in Telechart Platinum and let us show you how it’s done!

In keeping with our desire to promote more than just the next big stock, I am including a weekly ezine from Dr. Michael Duckett. I got to know Michael a few years back doing hurricane relief down in Florida and I’ll tell you he is quite the character and what a resume. He has a powerful life story and overcame great obstacles to become a great example of the power of living one’s life in possibilities. There are links to some of his programs and services at the end of this. I can vouch for the power of his Breaking the Money Barriers Course – it is an outside the box seminar and ongoing program designed to help you unlock your financial and inner potential.

Changing Into Your Dreams

Sometimes, if we don't have what we want, we need to change to become it.

Could you imagine trying to fit in a pair of shoes you owned when you were five years old? Of course you wouldn't. You've grown from those times and it would be impossible to fit in anything you wore back then. Do you realize the same goes for you now?

If you want more in life (more love, money, happiness, spirituality, etc.) you'll need to grow to become your desire. As a matter of fact, it's impossible to acquire something more in life without growing into something more first.

The prerequisite of additional growth before the acquisition of your desires is something many people refuse to accept. So many sound minded individuals try to skirt around the need to grow first concept by doing all kinds of things. When this occurs, people fool no-one but themselves and they never achieve lasting success in their desired area(s) of life.

The most evident, foolish behavior people elicit is trying to hold onto old habits or behaviors because that's what they are used to doing. Many times these habits are expected by other people who are close to us and would be upset if we changed. Anything from drinking buddies to the expectations of family members, individuals can hold you back from transforming into your desires.

I like what the late author, Theodore Seuss Giesel (Dr. Seuss) said, "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind."

Ann always wanted to become financially successful but knew it would take some time away from her nightly ritual of watching TV with her husband. They watched TV together every night for more than 20 years.

Since Ann worked full-time, the only time she could study the necessary areas for more money (Stock Market, Real Estate, Investments, Taxes, etc.) would be in the evening. She also knew her own limitations of not being able to fully comprehend her studies if she was trying to read while watching TV.

Ann told her husband about her desire only to receive ridicule and resentment because of the set pattern they established for many years. Nonetheless, Ann proceeded with her nightly studies in spite of constant badgering and snide remarks from the man she loved.

Within months, Ann's husband stopped the constant temper tantrums but still felt abandoned. As more time passed, Ann invested money and started to build her desired financial dream. This was a smart woman. She encouraged her husband to learn how Mental Codes can keep a person stuck. He discovered how to change his Mental Codes and joined her in learning more about money while watching less TV.

What habits are getting in your way to a better life?
If you want more health, are you willing to give-up unhealthy ways?
If you want more money, are you willing to apply yourself to learn the necessary knowledge to acquire more wealth?
If you want more love, are you willing to work on yourself to become more loving and more lovable?
If you want more of anything, are you willing to change to become it?

So many people who want more but never achieve it have done one of two things:

1. Start the process of change but avoid the attitude of Keep Going until they get to their true desires.



2. Figured out what needs to change and the first steps of the process but avoided the attitude of Do It Now and instead procrastinate their desires into forever.

There is a simple equation for all of us to follow:

No change in person = No change in person's level of life

Here is a fun exercise that will explain much about your life.

1. Look at your life and note the repeating patterns that are contradictory to what you would like to achieve.



2. Ask yourself, "What thought patterns (Mental Codes) keep me stuck in my current behavior."



3. What are the thought patterns (Mental Codes) necessary for me to become if I want to achieve my desires (more money, relationships, career, etc.)?



4. Am I willing to actually change my thinking into these improved thought processes?

This exercise is the first step toward a better life. Since our Mental Codes keep us habitually stuck, we need to break the thinking habits that prevent our desired outcomes. My recent discovery of the Mental Codes and BioNeuro Technique may be your answer. Unfortunately, you'll have to come and get it--we don't deliver it to your door but your time and money will be well spent.

If you're ready…I do mean really ready, once-and-for-all to go for your desires by breaking your old thinking habits, it's time to attend one of my Mental Codes Seminars. What happens if you choose not to attend? What you see is what you get more of in your life. Remember the equation: No change in person = No change in person's level of life.

Click Here to get information about an upcoming Mental Codes Seminar coming to a city near you. I look forward to helping you change your life within a few minutes per day using the Mental Codes and BioNeuro Technique information. This information will reveal what is holding you back, how to reprogram those Mental Codes and even help you to tap into the Secret Powers of the Mind. I'll show you how to obtain daily guidance from deep within your mind (God or Spirit) on what you need to do to at any given moment to achieve your dream life and desires.

If you like where you're at in life, don't attend. If you want more out of life, run don't walk to the next Mental Codes Seminar --Three hours to a complete transformation of life!

BONUS: Breaking The Money Barriers Seminar. This is not a get rich quick program, it is a system using a person's emotions and spirituality to connect with and manifest life's desires. I want to share with you some of the most powerful information ever discovered called the Emotional/Spiritual Prototypes that will help manifest your desires so quickly into reality that it could scare you! Can you imagine using your thoughts to create your realities? People have used this information since ancient times from the Magi (The three wise men who visited the Christ child at birth) to modern day millionaires, all used some form of Emotional/Spiritual Prototypes to bring forth things from the immaterial to the material world. Actually, anyone who has ever accomplished anything great used some form of Emotional/Spiritual Prototypes or they would not have been able to bring it forth into our three dimensional world. I will share this information and more in this three-hour bonus session along with the Mental Codes.

Six hours to a completely new transformational understanding and interaction with your life to learn how to manifest your desires. For more info click here:

The Mental Codes Seminar
The NEW Breaking The Money Barriers Seminar

Until we talk next time, I am

In loving service,
Dr. Michael J. Duckett
www.upgradinglife.com
www.professionalincomesolutions.com
www.breakingthemoneybarriers.com
www.overcomingfearhome.com

Dr. Michael J. Duckett, World Renowned Social Scientist, Author, and Speaker is considered the "Master of Success" because he guides people in understanding and applying scientifically proven systems to reconnect with life and increase their rank of success to the next level. His World Acclaimed Programs have been proven by thousands of people. Dr. Duckett's various programs work to improve quality of life and help people transform into their ideal life ambitions. He facilitates a number of In-Person seminars as well as Teleseminars to a worldwide audience. Dr. Duckett has been nominated for various awards worldwide for his latest discovery, "The Mental Codes Seminar."

For more articles by Dr. Michael J. Duckett, Teleclass information or to purchase any of his books and products, visit www.upgradinglife.com or click here.