To be frank, the almost 5000 systems on Collective2 are no different from traders anywhere: 90% of them fail, and only a small percentage are consistent and professional.
All the nasty laggards holding back the S&P 500 steamship are now at, or very near, support and should soon bounce, allowing the S&P 500 to push to new highs late 2007/early 2008.
Dramatic divergences like the one we're seeing right now are extremely rare: I could only find one comparable instance since 1994, and that played out over the Feb - Oct period in 1998: a year full of drama, with huge swings up and down prior to the massive 1999 surge higher.
This pending short trade on EURUSD could prove to be one of the best forex trading opportunities for at least the next six months. I'll aim to deliver another winning long-term forex trade for my forex trading signal clients.
Feeling No Pain: When key US market indexes dropped 11 - 14% recently, the media everywhere highlighted how markets around the world fell in sympathy with the US market. They overlooked China! (or conveniently ignored it).
Imagine this: you find your son playing with matches in your house. "Son, that's a mighty dangerous game you're playing - you could burn the house down. Oh, I see you're almost out of matches, here use these ones that I've borrowed ...
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