Screw You Madoff

By: Joseph Russo | Sat, Mar 14, 2009
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Forget 12% a YEAR ... How much is 30% per MONTH worth to you?
Casting aside 46% in open profits on our primary core positions with assurance contingency securing of a minimum 2009 return on the S&P 500 of 25%, what if we told you that on top of this, our Level-Three ancillary trading operations just booked another 30% return in the 9-February 13-March timeframe? Sounds too good to be true doesn't it.

Get Mad, then GET EVEN
What are you going to do now that Bernie and the rest of the smooth talkin' Ivy League jet setters of Wall Street have screwed up your investment accounts beyond all recognition? Retirement plans ruined, 529 college accounts busted, jobs in jeopardy, economy in shambles, and to top it all off, the chickens are still guarding the henhouse. We say, SCREW ALL OF THESE JACK OFFS, it's time to Rumble in the Jungle baby!

Kicking some Wall Street Ass
If you came to us on 9-February with your S&P index accounts nearly halved, by 13-March we would have hand-delivered a 30% return on the S&P. That's right. The recent introduction of our (NTST) author driven trading strategy has removed all of the guesswork from pulling the trigger. We tell you where and when to get in, where to trail stops, and when to get out. It's that simple. All you have to do is place and manage your orders according to the instructions provided on our charts. It's a spoon-fed no-brainer. See for yourself...

On Sunday 8-February, we sent an email dispatch alerting S&P traders to enter short with sell stops at or beneath the 866 level. On Monday 9-February, our sell stops elected, and a short position was on.

On Friday 27-February, we issued orders for S&P traders to cover shorts at the market if the index hit our downside price objective at 712 or lower. The chart below illustrates our 712 target capture, and rather profitable trade outcome.

As the chart above illustrates, although we booked profits at 712 we were still looking for lower prices toward the 670 level. The chart also graphically depicts our anticipation of a very sharp upward rally that would likely follow.

On Thursday 5-March, we posted trading orders for 6-March to BUY the S&P @ 670 or better. On Friday 6-March, we bought the S&P @ 670, less than four-points from the sessions print low. By the close of trade, our new long position was already up some 13-pts.

We wonder how many hedge fund or trading operations are up 30% in the last month. If you find some, do let us know what are they charging in fees and profits? Perhaps then, we can get a better idea of what our services are truly worth, and adjust our subscription fees accordingly. The time for such a revaluation process is nearing. As such, we suggest those with interest should acquaint themselves with our protocols at current subscription rates before premiums begin to better reflect the true value commanded by our outstanding trading guidance.

So here we are on 6-March, after missing the last leg down from 712, we are now long from 670 and looking for a sharp run-up toward the 780 level.

One week later on 13-March, the chart below delivers the goods as promised.

On 12-March, we advised S&P traders to lock in 10% profits with a trailing sell stop, and if that sell stop held, to then exit at 758 or higher. The high for Friday's session was 758.29, and the 758 level was broken two times amid the trading day.

So is it really too good to be true? Yeah, maybe it is, but it is true nonetheless. Do we return 30% a month like MADOFF clockwork? HELL NO! That would be some type of a Ponzi scheme now wouldn't it.

Hey, if a nation of millionaires and billionaires want to give us their funds for a smoothed 12% annual return, we would gladly take them up on it providing everything was legit, legal, fully disclosed, and transparent. Profits earned from trading operations would pay them their 12% annual return, and we would keep the balance as positive cash flow. We'll take that kind of deal every day of the week.

Until the fantasy described above comes to fruition, we shall remain quite content pummeling the living daylights out of Wall Street, the Madoffs, and the rest of the elite legion of hustlers combing the human landscape for all those gullible and eager to buy into their polished Ivy league hype.

We are showing you the money here, plain and simple. Whether you believe it or not is entirely up to you. If we were lying, every one of our subscribers would know it and likely cancel their subscriptions immediately. Do you think we would ever risk losing our loyal client base, NO WAY José?

The Money is on the table
We put it there for you every morning before the opening bell.
You can take it or leave it...
If interested however, one should act now, as the costs for such services are likely to rise in accordance with its applicable value.

Assuring Safe and Profitable Outcomes
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Joseph Russo

Author: Joseph Russo

Joseph Russo
Chief Editor and Technical Analyst
Elliott Wave Technology

Joseph Russo

Since the dot.com bubble, 911, and the 2002 market crash, Elliott Wave Technology's mission remains the delivery of valuable solutions-based services that empower clients to execute successful trading and investment decisions in all market environments.

Joe Russo is an entrepreneurial publisher and market analyst providing digital online media solutions designed to assist traders and investors in prudently and profitably navigating their exposure to the financial markets.

Since the official launch of his Elliott Wave Technology website in 2005, he has established an outstanding record of accomplishment, including but not limited to, ...

  • In 2005, he elicited a major long-term wealth producing nugget of guidance in suggesting strongly that members give serious consideration to apportioning 10%-20% of their net worth toward the physical acquisition of Gold (@ $400.) and Silver (@ $6.00).

  • In 2006, the (MTA) Market Technicians Association featured his article "Scaling Perceptions amid the Global Equity Boom" in their industry newsletter, "Technically Speaking."

  • On May 6 of 2007, five months prior to the market top in 2007, though still bullish at that time, he publicly warned long-term investors not to be fooled again, in "Bullish Like There's No Tomorrow."

  • On March 10 of 2008, with another 48% of downside remaining to the bottom of the great bear market of 2008-2009, in "V-for Vendetta," using the Wilshire 5000 as proxy, he publicly laid out the case for the depth and amplitude of the unfolding bear market, which marked terminal to a rather nice long-run in equity values.

  • Working extensively with EasyLanguage® programmer George Pruitt in 2010 and 2011, the author of "Building Winning Trading Systems with TradeStation," he assisted in the development of several proprietary trading systems.

  • On February 11, 2011, he publicly made available his call for a key bottom in the long bond at 117 '3/32. Within a year and half from his call, the long bond rallied in excess of 30% to new all time highs in July of 2012.

  • For the benefit of members and his general readership, he responded to widespread levels of economic and financial uncertainty in the development of Prudent Measures in 2012.

  • He publicly warned of a major top in Apple on October 26, 2012 in the very early stages of a 40% decline from its all time high.

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TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/