disclosure David Skarica’s family owns stock in African and he maybe paid a finders fee for monies raised.
dislclaimer david skarica owns tcan and they are a corporate subscriber too addicted to profits
As you know I have been warning of a large market decline for months. This is one of the worst starts to a year in market history.
There is still time to profit and protect yourself. As I pointed out in recent videos the long term topping pattern is just completing itself. I discuss this in the video below. While you must be more selective in your shorts this video also explains how we have and how we will continue to make money in shorts:
In addition , there are many stocks that I am targeting as shorts that have just begun to decline or starting their topping process. Bear markets are a process. Some stocks get hit early, some later on in the bear.
We are also seeing gold breaking out and over the next few years there will be huge opportunities in gold and the mining stocks.
This reminds me of when I first started out in the late nineties from 2000 to 2003 my newsletter had a phenomenal track record as we purchased gold stocks as they started a bull market as tech stocks busted.
We are not dogmatic in our approach. Some of the most vicious rallies occur in bear markets. We even went long tech stock a few weeks ago which soared in price after we bought it.
The three long positions I took made our subscribers 25, 30 and 50 percent in just a few weeks!!!
We still see this market falling a great deal but nothing goes down in a straight line. Our mission is too balance risk and make our subscribers money. I have a testimonial from one of these subscribers listed below.
Starting Today until Monday at midnight I will have a special offer to the newsletter. A one year subscription includes our monthly issues, trading alerts, podcasts, video updates and more! Please sign up to this offer by Monday if you are interested.
The last few weeks of the markets action has proved what I have predicated and what most experts have ignored . That a serious decline in markets can happen and happen quickly. That Central Banks can not just bail out the market time after time and we are headed for a serious decline that the central banks help to create.
As you know I have been warning about a market meltdown for a while. Many are now complacent with the latest rally. However, I still think we are in a bear market and what we are seeing a classic bear market rally. However, I have outlined strategies that can make you money in up or down markets. What i do is look for dislocations, stocks that are overvalued too short and undervalued to go long. We have had a bunch of our shorts crash in recent months despite the recent market rally.
We shorted two Canadian Biotechs CXR.to and NHC.to both which have tanked 40-50 percent even while markets have rallied. In addition in September we thought that gold stocks were finally making long term bottoms and we bought options on two beaten up precious metals companies which are up handsomely (50 and 100 percent). Other shorts such as Sotheby’s, Papa Johns and Sketchers all fell 30 percent or more (this is just in the last few months).
Please watch our special video below which talks about these trading techniques and how too make money in markets and also why the market could very well top out in the short term. We compare the markets topping pattern to 2000, 2007 and other bear market tops.
Our service has a bit of everything.
1. We have a basic service which features, podcasts, videos , and Newsletters that has long term positions and big picture outlooks for markets. This includes our long term positions.
2. A trading service that gives ideas on Options and trading ETFS, in these volatile markets this is a great service to take advantage of market weakness and strength.
3. The Short Corner – The only service in the world committed to Short Trading. This service is based on have 20 short positions and putting 5 percent into each (right now we have about 7 open positions). In this we due research to find stocks that we think can drop in any more! This service is going to retail for 2500 a year, but if you sign up for 4 months we will give you the next 1 month free on this service. If you sign up for a year we will give you this service for 3 months for free! We also also adding pair trades (eg long short trades) and option trades to add on to the shorts as part of this service.
In addition, by the end of the year I will be releasing my new book BEAR MARKET RISING. This is a follow up to my 2014 book Collapse! This book will be free to subscribers of Addicted to Profits.
We hope that our service can help you in doing so!
This offer Ends Sunday!