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The New Trading for a Living

Current Market

My previous letter, sent to you eight trading days before the Presidential election, analyzed a weekly chart of the S&P and concluded: "...a bearish reaction that began in mid-August is approaching its end. One should be looking to take profits on the remaining short positions and start drawing a shopping list."

That's exactly what I did in my own trading accounts, with very satisfying results. The markets are not trying to deceive or trick us. They speak in their own language, which we can decode with the tools of technical analysis. Learning this language takes time and discipline, and of course you have to protect yourself from the consequences of any mistakes by following the rules of risk control.

Let's see what the current charts tell us...

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Holland Class: the lowest rate will end Dec 10

One of the world's top experts on trading, Dr Elder will show you how to recognize trends and turns, where to enter trades, how set stops and profit targets. You will see how to control risks and structure your homework. Everything will be illustrated using current market examples. Please Click here for more info.

December Special - A discounted membership in SpikeTrade, with the Password Course bonus is a unique gathering place for serious traders. As a Member, you'll receive daily analyses and comments from Dr. Elder and Kerry Lovvorn. You will be able to follow weekly picks of SpikeTrade Members, focusing on those by the elite-level Spikers and Gold Star Members. You'll be welcome to submit your own picks in our friendly weekly competition and earn Participation and Performance bonuses (this is the only site in the world that pays you for doing your homework).

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