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“You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody” - Dr. Alexander Elder, Trading for a Living

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Changing Markets


On Monday, September 22, my partner in SpikeTrade posted a report on our site "The Change of Character," illustrating a new major bearish development of NHNL. We felt that message was significant enough to share with the public, and you should be able to find it on Marketwatch website when they get around to posting it.

In today's update, I'd like to share with you two charts showing the weight about to hit the market.

You can see on this chart that anyone who bought Tesla's wildly popular stock within the last 40 trading days (about 2 months) is now under water. The folks who bought so late aren't sophisticated investors. When they wake up to reality and start selling, how hard will their selling hit TSLA? Click here to continue reading.

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Trading for a Living was published in 1993 and became the best-selling trading book of all time. You may remember that the last sentence in that book was "I continue to learn and reserve the right to be smarter tomorrow than I am today." Now, for the past 18 months Dr. Elder has been working on a major upgrade of his original book. What started out as a modest update has turned into an almost complete re-write - to make the book useful not only for the new readers but especially for those who've read Trading for a Living. The new book, with its vastly expanded content and full-color current charts, lets you benefit from what a serious trader learned during the past 22 years. Click here for our special introductory prices.

 
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