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Hello SpikeTraders,Let me use this page today not for future events (more on those below), but on recent events – my class in Tallinn and a dinner with participating SpikeTrade Members.
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Hello SpikeTraders,First of all, a reminder for our worldwide participants: Monday, May 30, all US markets will be closed for Memorial Day, a national holiday. We’ll have a four-day trading week.Good advice is hard to give but even harder to accept. For the past two weeks Kerry and I have been posting comments on Spike (the strongest buy signal in technical analysis) and Spike Bounce signals. Steve S, a Spiker in New York, was among those who took advantage of that. He had already won many Golds trading Spike Bounces, and now did even better with a combination of Spike + Spike Bounce signals. Congratulations!
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Hello SpikeTraders,If you are coming to my classes for Aripaev this week, Member Russell M is organizing a SpikeTrade dinner on Thursday at 8. Look him up during the class and add your name to the list.[ I added Wednesday morning Cap-NHNL chart at the bottom of this post )
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Congratulations to Spiker Nilton D in Illinois. As he mentioned in an earlier post, he was an army officer in Brazil before coming to the US and having a business career there. His latest Gold trade looks like a military operation – parachuting in and helicoptering out, not overstaying on the ground.
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Hello SpikeTraders,Yesterday’s 83-point S&P rally was followed by today’s 165-point decline. What does it tell us about Spike signal and the outlook for near future? Let’s examine our charts, with special attention to the NH and NL numbers …
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Hello SpikeTraders,First of all, thanks to two friends in SpikeTrade, who during the past week alerted me to two scammers – one on Twitter, another on Instagram. The crooks pretended to be me, copying some of my photos and linking my good name to their cryptocurrency scams. I had earned my reputation by decades of honest work and felt bitter about that crookedness. Both Twitter and Instagram pleasantly surprised me by the speed with which they took down scammers. Thanks to both friends who not only alerted me but also filed their own complaints against scammers.Well, let’s turn to our charts…
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Hello SpikeTraders,The standard language of advisory business is Double-talk: “This could happen or that could happen, unless some unforeseen events intervene.” Lots of vague verbiage, and then whatever happens, the writer can claim he was right. That is the language that neither Kerry nor I have ever used. We tell you straight what we see and think, and we put an archive link at the bottom of every page that lets you see everything we wrote in the past – from the first day of our service until this day.We live in eventful times. Let’s see what our charts tell us today…
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Hello SpikeTraders,I’ll be flying to Estonia for my university reunion and to teach an intensive class for Aripaev on May 25-26, but I’ll begin my visit with a friendly meeting and dinner with local and visiting SpikeTrade Members. We’ll discuss markets and spend some pleasant social time together. Please click for details…
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Congratulations to Robert James B, our Spiker in Australia, on winning our latest weekly Gold. Trading from Down Under has an additional challenge because of a difficult time difference. The US market opens at 23:30 pm in Sydney and closes at 6 am. Trading US markets from there requires well thought-out plans and limit orders, without watching a live screen.
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Hello SpikeTraders,Just like a pretty crazy top in December 2021 created excellent shorting opportunities, the current crazy bottom being traced will create excellent buying opportunities. The challenge is to approach this bottom with cash in hand and a stable mental attitude. Both require an ability to cash out and/or take losses as soon as prices begin to slide. If you haven’t done it this year, chalk it up to experience and use it as an unforgettable lesson for the rest of your trading life. Extract this value from the current nastiness. “The first loss is the best loss.” Let’s take a look at our charts…