Coming This Week

Dear TradingMarkets Member:

Tony Crescenzi Explains Why Some Traders Are Betting Big On A New Bull Market

There are solid indications that the foundation of a new bull market is being set in place according to Tony Crescenzi. You'll read about it in his new lesson "Prelude to a Bull; Top Indicators to Watch."

If you read Tony's earlier lesson "Prelude to a Bull," you know the current slope of the yield curve for U.S. Treasuries is alerting us for better times ahead for the stock market. This alert is no less powerful than January 2000's yield-curve inversion which accurately forecasted last year's market downturn.

True, markets do not turn on a dime. But traders who are glued to the micro-fluctuations on their quote monitors are missing the critical big-picture signs that Tony is now seeing. These are signs that have been the consistent precursors of past bull markets. The bullish argument has become more compelling over the past month. Tony will show you that a host of indicators have fallen into place since he wrote his earlier lesson. Tony explained to me the puzzle pieces Thursday morning.

• Double-digit growth in money supply. Last year's market downturn coincided with a dramatically weakened money supply. But now it's running up sharply. If you've read Mark Boucher's 10-Week Trading Course, you know that means more money slushing around that can eventually find its way to the stock market.
• Corporate bond issuance is shooting higher. Since the January 3 rate cut, there has been an explosion in bond issues as many more big investors are confident enough to place bets on a fully recovered economy.
• Inventories are at their lowest rate in two years. Last May when the Nasdaq was completing its first leg down, companies had huge inventories they were hard pressed to get rid of. Right now, inventories are the lowest in two years. To quote Tony: "The problem is going away."
• Mortgage refinancing is way up. With the numbers up four-fold from the one-year average, this puts money in peoples' pockets that can supply added fuel to the market, given the right triggers fall into place.

Granted, Tony's economic indicators will not pinpoint the exact day and time of market bottom. But the solid bullish evidence in his new lesson will help you to focus on and construct your game plan for the bullish opportunities to come.

One of the Most Reliable Sentiment Indicators in Gary Kaltbaum's Arsenal

Gary Kaltbaum is one trader who is not afraid to tell the world his opinion about the market. I have read every one of his columns and have yet to detect a hint of wishy-washiness. He has been firmly bearish. In Gary's new lesson, "The Most Reliable Sentiment Indicators and How I Use Them," Gary will teach you how to use and get the most of one of his main sentiment indicators. This indicator accurately called the major market lows of 1990 and 1994, as well as warning of the 1987 crash.

Gary will explain what this indicator has been saying over the past several weeks, as well as the setup to look for that may signal the next major bottom.

Comprenez-vous Options?

If you've been reading "Saliba's Option Views" and "Najarian From The Option Pit," but not comprehending as much as you like, I suggest reading Vincent Mao's latest lesson "How to Get Started in Options." Vince will explain how options work and how they can fit into your overall trading plan. You'll learn how options--

• Increase your leverage by offering the potential of a higher returns relative to your cash outlay.
• Allow you to benefit from rising, falling and neutral markets.
• Enable you to trade with a predetermined risk.

Then there's all that terminology--strike price, premiums, time value, intrinsic value, delta, etc. Vince's lesson will give you the definitions you need in order to get the most from the daily commentaries of professional options traders Jon Najarian and Tony Saliba. Most importantly, Vince will explain the risks of options trading and how to avoid the trap that 90% of all options traders fall prey to.

You'll see why learning the basic mechanics of options trading is just a stepping stone to learn proven strategies like Tony Saliba's option spread strategies.

Back To Basics With Brice -- How to Create Your Trading Plan

Any professional trader will tell you that trading is a business. In the first of his new bi-monthly educational series, BeginningTrader.com Editor Brice Wightman will take you through the process of creating a trading plan. You'll meld strategy, rules for applying that strategy, and proven money-management principles--into a framework that is tailored to your personality and level of risk tolerance. Ultimately, you must have a plan that:

• Includes all the components of successful trading
• Prompts you to execute every logical step in its proper sequence

Whether you're a beginner or a veteran needing to review the basics, you'll want to spend time with Brice Wightman's "How to Create a Trading Plan" to make sure you stay on the path toward long-term success in trading. Going forward, watch for a new edition of "Back to Basics With Brice" every other week.

How to Get the Edge That Earned Boucher An Outsized Gain on a Minimal Drawdown in 2000

Nearly two years ago when I first started working with Mark, I quickly realized that he is one brilliant trader. So if you ask me why you should attend Mark's workshop "The Hedge Fund Edge" March 7-9, 2001, in San Francisco--here are reasons that stand out in my mind:

• Mark will teach you what most traders need desperately, but never get: Steady and consistent results. Steering clear of "the cowboy approach to trading" (as Tony Saliba puts it), Mark has earned steady and consistent returns over many years of trading. Mark will show you how you can achieve the same though a combination of technical patterns, macroeconomics and company fundamentals on a foundation of rock solid money money management
• Mark will give you the deep level of understanding you need for long-term trading success. Even though Mark is the first to point out that there's no Holy Grail, his results make me think he's found it. After two years of working with Mark, I've found that his secret is not a black box, but rather an understanding of the markets that has been built through many years of research. In March, you will have the opportunity to learn what has taken Mark over 20 years to learn.
• Mark will equip you with the specific money-management tools that have been instrumental in his own success. When I attended Mark's two-hour talk in Las Vegas at TradingMarkets2000 last year, I had a taste of his obsession with controlling losses. It was unforgettable. Loss control is so deeply ingrained in Mark's psyche that he not only taught the strategies--but the power and raw emotion of his presentation transferred his heartfelt convictions to you. You couldn't help but come away with something resembling his trading discipline, as though you'd been living it all along.

Ideas You Can Take Immediate Action On...Now Available At TradingSubscriptions.com

Over the last couple of years, we've gotten a number of requests to provide specific ideas.

As you know, our emphasis at TradingMarkets.com has been to provide you with the best education and daily market insights for professional traders so that you can easily come up with your own specific trading ideas. And then act on them.

• But what if...you simply don't have the time or resources to study and do homework?
• Is there a way in which you can benefit from the fantastic opportunities in the markets with less time committed to learning our strategies and analyzing the markets every day?
• Is there a way in which we can help you?

Help is now available at a new site from TradingMarkets Financial Group: TradingSubscriptions.com.

Through TradingSubscriptions.com you'll have access to trading services from the best traders in the country. Visit the site and get a detailed description of various services on stocks, futures and options--all designed to help you get better results. Also included will be an opportunity to subscribe to two new database services from TradingMarkets Financial Group.

Know someone who'd like to learn the first steps toward becoming a successful and confident trader? Would you yourself like to brush up on the basics? BeginningTrader.com is now live. Come in and get an education worth thousands of dollars and lay a strong foundation for your future trading success--all free of charge.