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Welcome to this FREE newsletter: Finding
Financial
Freedom
TM
As a
FREE subscriber, you will learn valuable insight on how to Find
Financial Freedom:
-
The
stock market has changed forever and Buy & Hold may be dead!
How do you invest for tomorrow?
-
What's really behind the Golden Rule of Successful Investing:
How to Buy Low and Sell High?
-
Not
every asset is appropriate for investment in this market! How
do you select the right assets?
-
Mutual Funds may be the biggest loser of this Bear
Market. Why we do NOT recommend them?
-
Safety is now the primary objective in many investors
strategy. How do you safely earn income in any (up, down or
sideways) stock market?
-
How to Recover
Your 401K Losses from Your Employer!
You will learn how to find financial freedom with
this FREE newsletter! Subscribe today! FREE!
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Here are some prior newsletters that may be able to help
you:
Credit Card Warning: Your Interest
Rate could go Up to 29.9%!
If you use credit cards (and who doesn't), you must take notice of
this important warning, otherwise you may be subject to paying 29.9%
interest rates on your credit cards!
There are (3) Key issues you need to be aware of regarding ALL
your credit cards, where anyone of these could send your interest rate
to 29.9%:
-
Your minimum payment
-
Your credit limit
-
Your current balance
In the next issue of Finding Financial Freedom, we'll reveal these
(3) key issues with your credit cards that could quickly send your
interest rate to 29.9% and what you must do today to prevent it
(or else...)!
Subscribe today to the "Finding Financial Freedom" newsletter!
It's FREE!
(You can cancel anytime...)
12/1/08: Meredith Whitney, Oppenheimer - $2T Credit Card Reductions:
http://www.cnbc.com/id/27993643
Stock Market Bulletin:
Today's stock market is in an "Overhead
Supply" situation which may keep the market in a tight trading range
between Support and Resistance levels (See Figure-1), which is ideal for
the Foundations members!
To quote Carter Worth, Chief Market Technician from
Oppenheimer (11/24/08): "The capitulation phase of the bear market is
over. Now we’re heading into the apathy phase
and we’re stuck in a range with 990 being the top and 790 being the
bottom.” (Ref. S&P 500 Index, ETF = SPY)
Update (1/10/09): S&P
continues to trade in an up trend (green line) channel (850-950) with
the SMA-50 (brown line) at 888 (SPX closed at 890 on 1/9/09). If the SPX
breaks below 888, we should retest Support at 850-860 and bounce up - if
not - expect a "severe retest" of the lows around Support-2 at 750
(buying opportunity). Q4 earnings are starting the week of 1/12/09 with
Alcoa (AA) and bad news expected to get worse, this could be the impetus
to drive the market lower.
Figure-1
To safely earn 20% income on this
situation with the S&P 500 Index (ETF = SPY), go to the Foundation's solution
for complete details at: Learn to Earn the Income
You Deserve!
S&P 500 in a Dangerous
"M" Pattern:
Will
the "Triple Bottom" in '02-'03 repeat in '08-'09?
Best to be
prepared if the S&P cannot break above 950 and it falls, it may retest
the 750 lows once or twice in '09.
History
does repeat itself, be prepared - do NOT invest for the long-term, trade
this market - Buy Low at Support and Sell High (WCC) at Resistance! Yes,
this is market timing and it works!
Figure-2
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