Hey friend,
Here’s how markets have been moving.
The Daily Direction
Note: Markets have been somewhat calmed by UBS’ “bailout-buyout” of Credit Suisse and the S&P 500 regained its long-term uptrend.
The Daily Nugget
Panic can be rational – and exploited.
Panic will always have a strong emotional element to it. But it can also be rational.
If you saw a large group of people running away in fear, it makes sense to stay away from wherever they were running from. If people are losing confidence in a bank, it makes sense to get your money out first. If people are panic-selling a stock, it makes sense to get out quickly before the price plunges further.
This makes panic-selling predictable – and exploitable.
That’s why Ross Givens has already used his favorite stock pattern to rack up a fast 26% gain less than two weeks ago with a short trade – and he’s seeing plenty more opportunities to do the same.
Click here to get more opportunities this pattern is spotting.
The Traders Agency Team
P.S. Ross Givens speaking at the online Wealth365 Summit next month – together with a host of the leading trading and investing minds.
They’ll be sharing some truly contrarian and effective strategies for attacking this market. And the best part is – it’s 100% FREE (that’s right). Just follow this link to register.
