Trader's Blog Contest for January

Contest has been closed as of 2/1/09.

The contest couldn't be any easier this month... acutally, every month is very easy. This month so you can win two ways... one way by luck and one way by skill.

Just answer the question and we'll put your name in the hat to win the prize below. If you guess ends up being closest to the actual value then you can win too.

So the question is…

"Where will the DOW close at the end of the 1st quarter of 2009?"

Will it land on 7,900 or at 11,532? It may seem like a shot in the dark now, but where do you think the DOW is headed? Enter a number and you will be put in for our drawing of the prize below.

Prize

Winner will receive 6 workshops on charting from our authors in INO TV. These MP3s and digital PDF workbooks will be mailed to you courtesy of INO TV. No shipping, no handling, no catches.

A special prize will be given out to the person with the answer closest to the actual close (winner will be notified April 1st, 2009 via email).

Advanced Trading Application Candlestick Charting Volume 1 - Gary Wagner & Brad Matheny
Advanced Trading Application Candlestick Charting Volume 2 - Gary Wagner & Brad Matheny
Practical Applications of Candlestick Charts - Gary Wagner
Bollinger Bands: Construction & Implementation - John Bollinger
Point & Figure Charting - Tom Dorsey
Finding Tops & Bottoms Using The NYSE Tick Index - Tim Ord

How To Enter:

Comment on this post telling us what price you think the DOW will close at on March 31, 2009 at 4:00 pm (EST). You have only until the end of January to answer, so think longer-term on this one.

Rules

1. This contest is open until 11:59 PM on January 31st, 2009.

2. No wrong answers, any participation counts as an entry.

3. One entry per email address.

4. Winner will be picked by random integer software.

5. Winner will be contacted on Friday, February 4th, 2009 via email.

6. Special Prize winner will be the numerical value closest to the official close listed on INO.com.

Good luck!

December Drawing Update

You have until the first stroke of 2009 to answer the December MarketClub Trader's Blog question, "Will the 1st trading day of 2009 be controlled by the bears or by the bulls?" So far the results have shocked me, as I didn't think the results would be so even. So far 80 people have said bears, 96 said bulls, and well 18 people have either said that it's too close to call or they danced around an answer... so if you haven't answered already, what do you think?

If you haven't already entered, you can click leave a comment for this post giving your answer. It just takes just a second, and only 5 key strokes... either B E A R S or B U L L S.

Good luck and I will share the winner with you on Monday the 5th. I hope 2009 is your best year both financially and personally.

Best,

Lindsay Thompson

Director of New Business Development

INO.com & MarketClub

"Saturday Seminars" - Trending Techniques and System Selection Index

The conflict between trending and non-trending markets poses one of the greatest dilemmas for the systems trader. To trade effectively you must decide whether to trade with a trend or against it, or to wait for a better entry position altogether.

In his workshop, Perry presents what he considers the best technique for making these decisions. He combines this trending technique with a System Selection Index to determine which markets exhibit signs of a reversal and which indicate a continuing trend. Based on these concepts, Perry shows you how to improve your entry timing. He explains why profit taking improves results while stop-losses make them worse. Perry also describes some useful programs written for his own use and provides you with TradeStationTM code, easily adaptable for use with other software packages, to illustrate his concepts.

Perry KaufmanPerry J. Kaufman is a market strategist known for his knowledge and experience in computer-based trading systems applied to world futures and financial markets. His publication, The New Commodity Trading Systems and Methods (John Wiley & Sons, 1987), has become the technician’s required reference. In 1984, he published the comprehensive Handbook of Futures Markets (Wiley). An earlier book of research papers, Technical Analysis in Commodities (Wiley, 1980), has been translated into Japanese. Perry founded the Journal of Futures Markets (Columbia University and John Wiley & Sons), a vehicle for gathering academic research on market analysis. He is series editor of Wiley’s Trader’s Advantage, and his latest book, Smarter Trading, was released by McGraw-Hill in 1995. Perry specializes in the application of technical and fundamental (statistical) analysis to the development of trading and risk management programs for both commercial and private investors. Much of this work is based on price theories and techniques he has researched and developed since 1971. He combines the ability to integrate computer technology and strategic allocation with traditional investment approaches in order to achieve realistic objectives. Perry is particularly interested in closing the gap between theoretical and actual results, concentrating on the world’s stock index, foreign exchange, interest rates, and energy markets. Perry is director of research for Kaufman, Diamond, and Yeong, a consulting firm serving the financial industry in the United States and Singapore. In addition to providing risk management, education, and training, the firm publishes Kaufman on Market Analysis, a periodic report on the applications and development of trading strategies. In Singapore, the company provides market-related educational services and is developing trading strategies using new technologies (such as neural nets and artificial intelligence) under a grant from the Singapore government.

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Saturday Seminars are just a taste of the power of INO TV. The web's only online video and audio library for trading education. So watch four videos in our free version of INO TV click here.

INO TV

"Saturday Seminars" - Trading the S&P in 3D

Born of a marriage between technical analysis, physics and pattern recognition, the pH-Indicators are elastic and focused on the future, like today’s broadband electronic markets. Static terms such as ‘overbought’ or ‘oversold’ force traders to make decisions with two-dimensional road maps in three-dimensional real time. These new indicators provide equity and forward market traders with tools that accurately reflect the market environment. The indicators help traders construct the appropriate three-dimensional map, showing first where the market itself wants to go and second, how to build a position ahead of and within the trend of those markets. As CAT-SCANs are to X-rays, these indicators offer a brand-new view of market internals. Boundaries imposed upon traditional concepts of momentum are no longer applicable.

In this session, Richard explains his unique outlook on pH-Indicators and how he uses them to achieve financial success. Richard uses these indicators to successfully manage money and he carefully considered the time and place to present them to the public. He chose TAG 20 as the appropriate forum because he felt it is where real traders come together in search of new methods to make real money. Workshop attendees were the very first traders ever to have access to Richard’s unique work; now you can share his insights, as well.

Richard LeesRichard Lees is president of Richard Lees Capital Management, a registered investment advisory in Los Angeles’ Studio City area, where his clients include members of the entertainment industry and other high net-worth individuals. He edits and publishes 21 Forward, a monthly investment newsletter and journal that offers uniquely detailed and unusual discussion of markets. The newsletter also gives specific recommendations for implementation of his proprietary pH-Indicators to profit from those markets. Richard was educated at Stanford, the University of Michigan, and Yale, and he has written about financial analysis for industry publications such as Barron’s, always exhibiting his trademark style of sharp wit and truly contrarian commentary. With a degree in psychology and a career as a professional writer, trading—or turning perception into money—came naturally to him. An active trader since 1982, Richard was one of the first to use sophisticated trading analysis software. His methods have shown consistency and sometimes startling accuracy in the stocks, options, and the forward markets." alt="null" />Richard Lees is president of Richard Lees Capital Management, a registered investment advisory in Los Angeles’ Studio City area, where his clients include members of the entertainment industry and other high net-worth individuals. He edits and publishes 21 Forward, a monthly investment newsletter and journal that offers uniquely detailed and unusual discussion of markets. The newsletter also gives specific recommendations for implementation of his proprietary pH-Indicators to profit from those markets. Richard was educated at Stanford, the University of Michigan, and Yale, and he has written about financial analysis for industry publications such as Barron’s, always exhibiting his trademark style of sharp wit and truly contrarian commentary. With a degree in psychology and a career as a professional writer, trading—or turning perception into money—came naturally to him. An active trader since 1982, Richard was one of the first to use sophisticated trading analysis software. His methods have shown consistency and sometimes startling accuracy in the stocks, options, and the forward markets.

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Saturday Seminars are just a taste of the power of INO TV. The web's only online video and audio library for trading education. So watch four videos in our free version of INO TV click here.

INO TV

4 Facts Bernanke Can't Deal With

Well Chairman Bernanke finally rolled the dice. The question is, what will be the results of this unconventional bet? The U.S. is now officially in uncharted waters. We have never seen interest rates this low before, and the U.S. has never been in such a precarious position.

Chairman Bernanke's proposed solution is a simple one. Let's do everything the exact opposite of what we did during the Great Depression and let's see if we can spend our way out of it. This is an unproven thesis and there's no guarantee that it's going to work. What if it doesn't?

I think right about now we need to have a reality check and look at the facts as we see them:

Fact #1: The consumer is in a state of shock. With the collapse of the stock market, the American people have seen the value of their property rapidly diminish in value as well as the depletion of the retirement programs they may have had in place. This double whammy basically destroyed consumer confidence, which is going be a difficult task to correct as the public is waiting for the other shoe to drop. So, let's say this dramatic drop to record low interest rates doesn't work, then what? Well the Fed will just print more and more money which will create its own set of problems in the future. Mark my words, the amount of money to be printed will be close to $5 trillion as the FED is determined to get us out of this hole. This in turn can only mean one thing in the future ... rampant inflation. This is something that we are all going to have to deal with down the line.