Watch the news at 2:30pm today . . . .
publication date: Jan 22, 2008
Hello
It's not a pretty sight . . .
The world's stock markets are in meltdown.
Yesterday, the FTSE 100 suffered the largest single
day fall since Sept 11 attacks, wiping £77 billion off
the value of shares.
Indexes in Paris and Frankfurt slumped by about
7%, while markets in Asia, India and South America
also dropped.
Today, the FTSE opened 3% down and despite a
mid morning recovery, I suspect this is the calm
before the real storm . . .
Everyone is now looking to the opening of the US
Markets at 2:30pm GMT. They were closed yesterday
due to a public holiday.
What will happen this afternoon? Well, Dow futures
contracts (a reliable indicator of market sentiment)
are currently down 511 points.
It looks like the US market is facing a full-blown
recession sparked by the financial credit crisis.
Even the Bush administration's attempt to inject
confidence in the US economy with an emergency
fiscal package has done nothing to calm international markets.
OK, so things don't look good for buy and hold
investors BUT you really can make money out of
this.
For those who know how to position themselves to
exploit the market turmoil, this could turn into a
bonanza!
That's why I've decided to bring forward the
reopening of The Don't Tell The Professionals
trading strategy forward to tomorrow.
Having followed this strategy and training
programme for the past 11 years I am convinced it
offers the best long-term opportunity to trade the
markets - including the FTSE 100, commodities and
others - whether they are going up or down.
In fact the current massive sell off is creating the
kind of once-in-a-decade pull back opportunities that
could provide scores of profit opportunities for those
in-the-know.
A word of warning though . . .
As usual, we will be limiting the number of new
students allowed on board. And that's why I wanted
to make sure you were forewarned about the launch.
You will be the first anywhere to get a chance to get
on board and I will be sending you an email
tomorrow with full details . . .
In the meantime, keep an eye on the Dow - it's
going to be compulsive viewing!
Back with you tomorrow . . .
Nick
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