When it comes, and it will, there are two Hidden Pivot targets above that we can use as telltales.  Both have been precisely identified in the Touts section of Rick’s Picks, with the lower of the two representing our minimum upside projection for the near term. If it is breached by more than a few ticks, however, or if the Indoos settle above it overnight, we should expect the higher target to be reached almost for certain and soon thereafter.

We are eager to try shorting at both targets, risking just small change in the process. A tight stop-loss and the use of Diamond options, or possibly the Mini-Dow contract, will allow us to meet the next gratuitous, brainless upthrust with no more anxiety than we might feel upon learning that the pimento filling was missing from an olive in our salad.

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Online Seminar: Last Call

If you've ever wanted to forecast stock and commodity prices as accurately as many gurus who do it for a living. this may be the best opportunity you will have to pursue that goal. To reserve a seat, simply click here, then on the “Upcoming” tab.  Detailed information about the course itself and the Hidden Pivot Method can be obtained by clicking here. All who do so will also receive a free Hidden Pivot calculator.

Free to All Graduates

Incidentally, all seminar grads now have free access at all hours of the day to a recorded version of the seminar, as well as to the Q&A forums held in conjunction with each class. In addition, I am in the process of creating an advanced tutorial built around some especially difficult charts. It will be available to seminar grads for a nominal fee. 

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Information and commentary contained herein comes from sources believed to be reliable, but this cannot be guaranteed. Past performance should not be construed as an indicator of future results, so let the buyer beware. Rick's Picks does not provide investment advice to individuals, nor act as an investment advisor, nor individually advocate the purchase or sale of any security or investment. From time to time, its editor may hold positions in issues referred to in this service, and he may alter or augment them at any time. Investments recommended herein should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Rick's Picks reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscribers’ initials will be used unless express written permission has been granted to the contrary. All Contents © 2007, Rick Ackerman. All Rights Reserved. www.rickackerman.com 

-- Posted Wednesday, 22 August 2007 | Digg This Article