The economy is in recovery mode! Really?

The Economy is Doing Great? Ya Right!

Once again, I`m going to rant at the government idea of putting the economy back on its feet… I know it`s getting old but I just can`t get over this huge scheme they`re setting up. Here let me warn you that I`m not saying the markets won`t continue to go up but I want to make sure you understand that the fundamentals don`t support it one bit! So trade carefully…

The paradox of stimulating growth with government spending or, if you prefer: Let`s use our credit cards to get out of debt and stimulate the economy!

Here we are at the end of the beginning of another week. What have we learned?

Not much. Last week, the markets went nowhere.

So, we’ll think a bit more about Tim Geithner and the other men who rule us. Geithner wrote an article for The New York Times, “Welcome to the Economy Recovery.”

Let it happen. Let it be. Let the chips fall where they may…so that others can pick them up and get to work again and REALLY get the economy going.

The government is lying to you…

Jobs, The Government’s Lies, and What You Should Do

HOW LONG ARE THEY PLANNING TO LIE TO US?

This week, CNBC carried a story that the private sector created 42,000 jobs in July, and that layoff activity slowed as well, creating a “slightly more optimistic picture” of the national employment trend.

Sorry, I’m not jumping on that bandwagon!

How does that fit with the fact that planned future layoffs rose 6% to 41,676 in July, from the previous month?  Going forward, this effectively wipes out whatever jobs were recently created.

Now today (I’m writing this on Thursday), we see that there was an unexpected rise above expectations in new claims for unemployment benefits last week, along with the four week average of claims as well.

Here’s another s–t–r–e–t–c–h from your “everything is rosy” financial media:

Planned layoffs are lower than a year ago.

Even if that’s true, it’s only because the workforce is that much smaller these days.

As soon as you pare down to a skeleton staff and also the employees who remain are doing double the usual workload, you can’t cut much much more of your payroll without severe productivity declines, losing market share to your competitors, and perhaps even heading out of the door!

A nation with a bad unemployment rate of 9.5% continues to search for answers, although the government’s only solution is to extend unemployment benefits once again and then some more!

Furthermore, last month there were an additional 2.6 million individuals who were not counted in the unemployed totals because “they had not searched for work within the four weeks preceding the latest survey” (Bureau of Labor Statistics).<br>

Add those individuals into the soup and the “true” unemployment number is well into double digits. Some have estimated it to become as high as 17% nationwide!

Incidentally, what happened to all of the “green” jobs?

One of the most afected groups among the 17% is the Baby Boomers  (born 1946-1964). Faced with plummeting home values, ever shrinking 401k and IRA accounts, massive layoffs and hourly cutbacks, that’s a group that won’t be retiring anytime soon.

Five million new jobs had been expected to be created for younger workers by 2018, when Infant Boomers reach normal retirement age, but the way things look now, younger workers should not anticipate that these jobs will be there for them.

Older Baby Boomers who lose their jobs are also unable to get new jobs as rapidly as the younger workers.

What company wants to hire a 60 yr old who formerly earned $100,000, when there is an eager 30 or 40 year old who will do the exact same job for $60,000 a yr?

Furthermore, investing (or especially short phrase trading with their savings) can be risky for individuals about to enter their “golden” years, because if they suffer significant losses, they lack the time required to earn the cash back.

Yet what sort of work await the older Infant Boomers who do find work? In their senior years, will they be forced to stand on their feet all day to make nine bucks an hour?

I’m sorry to paint such a bleak picture, folks. I know some of you are thinking, “there has to be a way out of this cunumdrum, and also the creation of some thing more appealing!”

And YES, there is.  It’s called entrepreneurship.

By definition, an entrepreneur is one who owns or manages a business enterprise, and who, by some risk and initiative, attempts to create a profit for themselves.

Unable to find work in their field, or forced to operate for a fraction of previous earnings, I predict that we will see a huge mass of Infant Boomers striking out on their own in small companies, pc related enterprises (ebay, craigslist, blogging, etc), inventing, as well as performing consulting work.

Additionally, former hobbies, abilities, and crafts that were once put about the back burner for lack of time, will awaken to bloom in new self-employed ventures, like tulips in April.

Woodworking, catering, clown parties, pet sitting, handyman, music lessons, and interior decorating will rule the day in a tsunami of new careers begun on low risk, low money shoestrings by this group.

The generation that came of age during the 1960′s and 70′s will find that they can no longer depend on an incompetent Congress for solutions, or American corporations that have either downsized or shipped thousands of decent work overseas.

Self-reliance and abject creativity will rule the day, because the spirit to be their own boss and to produce something of value nevertheless lives in the hearts of most Americans

And what of Generation X (born 1964-1981)?

Generation X, the subsequent generation in line, may discover employment a little easier to acquire than the Boomers more than the subsequent decade, but it will be no picnic for them either.

If you’re among individuals within Generation X, you can no longer depend on having a pension, nor social security, to become there for you in retirement.

Even if social security nevertheless exists, the minimum age to receive it is likely to increase to 70 or older by the time you retire.

For this generation, the best answer is to invest heavily NOW, both in your self (e.g. education, work abilities), and in numerous assets, such as ETFs and real estate.

For example, Jimmy Rogers, one of the world’s leading investors, continues to advise individuals with a long term horizon to go long on commodities, and even to think about taking up farming!

Rogers feels that food costs are going to rise dramatically in long term many years, and that individuals who invest in farm land, or commodity ETFs, will clearly benefit from that rise.

He says that the sharp rise in the price of wheat in July, with prices in Europe hitting two year highs, indicates that shortages are most likely on the horizon.

So farm, people, farm!

That was your Father’s real estate!

This really is the dawning of a new era, 1 in which individuals who are now suffering post traumatic stress disorder from their bad investments, and those unscathed but now paralyzed with fear, have created the ultimate perfect storm of opportunity for the subsequent generation of astute investors.

An article in Barron’s this past week, called “Renter Nation”, outlines the exact same scenario that I’ve been documenting here for that past number of months.

“Renter Nation” says that a decrease in house ownership within the 35-49 population will continue for many years, having a simultaneous increase in the number of renters  under 35.

Actually, by 2015, the % of individuals who own a house will have lost at least 5% from the peak in 2004.

A five percent reduction might not seem like a lot, but that amounts to 6.5 million people going from owning to renting. Yes, I know, some will temporarily live together or move back in with mom and dad, but for how long?

Folks, this will lead to a real boom in demand for the rental market.

Couple that with historically low interest rates, and foreclosures that can be bought at 1995 prices, and you’ve got a formula for money flowing properties on 15 yr mortgages.

That means that even a 40 yr old who invests in real estate now may have paid off properties generating a monthly stream of income from age 55, throughout the rest of their life.

Even better, I am personally mentoring investors in their mid 20′s right now who may have paid off actual estate by age 40!

Now those are the kind of American entrepreneurs that we have to lead this country back to economic greatness.

So forget the Pollyanna spin on work reports, and the government’s green jobs that aren’t coming. Pull your self up by the bootstraps and start a business, grow some corn, or purchase a handful of rental properties.

If you don’t take control of your own future, who will?!

With all of the uncertainties in our economy, there is still 1  certainty you can bank on …

Fifteen years from now, you will be Fifteen years older.

When that day arrives, will you have attained real wealth, or just be dependent upon the kindness of Uncle Sam?!

Today’s Laugh Line: Thursday night on “The Tonight Show With Jay Leno” on NBC:…

Today’s Laugh Line: Thursday night on “The Tonight Show With Jay Leno” on NBC: BBC is reporting that Venezuela may have massive oil reserves, more than even Saudi Arabia. You know what that means? We could have invaded closer to home and saved gas. But to be fair to President Bush, at the time we invaded Iraq, he thought Venezuela was a planet…

Betrayed on Bank Reform: 3 Ways Our Leaders Stabbed Us in the Back

OUR CONGRESSIONAL LEADERS WERE ON A MISSION.

They have been provided with an opportunity to cut through the misogynistic absurdity and move around one fundamental purpose — to protect the US Taxpayer from ever again being the unwilling recipient of a financial raping of the magnitude that we experienced at the hands of America’s bankers in 2008.

In the 1930′s, in the wake of the 1929 crash as well as in the deep dark shadow of the Great Depression, other political figures were confronted with an equivalent option: Bow under the financial might of the big money crowd, or answer our nation’s call for safeguards against the rapacious predation of the American Banking elite.

What they did was answer that call by having an uncompromising finality that changed the face of banking permanently. They made the unpopular choice of forever (or so they believed) isolating commercial banking from investment banking.

Despite the fact that the bankers of the day howled that their earnings would take a hit and that credit could well be stymied, the politicians rose above the normal back room dealing so established within their world and said no more! Never again will you mercilessly plunder the public bank account!

And you know what? It did the trick!

Sure, there were booms and busts in the process, and banks got in trouble every now and then, but for 70 years we definitely avoided the kind of all encompassing wide spread breakdown that brought the United States to its knees in the 1930′s.

Those government bodies and political figures of the 1930′s weren’t hayseed apprentices. These were the men who took America through the agrarian age fully in to the industrial age. These were realistic, hard nosed business people who had looked deep and long into the abyss of the Great Depression and knew that it was in their own personal long-term best interest to cut the banks off from ever again using publicly insured money to finance their wild risk taking in the wall street game.

Utilizing that historical display of political will as our standard, we can clearly note that our generation’s chosen authorities have gone down far, far short of the mark.

I have read 100s of pages of paperwork concerning the brand new banking reform bill on the verge of being introduced into law, and I will tell you right this moment that it’s filled with more than enough ambiguities to generate loopholes large enough to drive a Mack truck through. Much of the enforcement of this new law, in reality, is discretionary and driven by a small number of people.

We’re left to rely upon the decryption of those policies by what amounts to a tiny cadre of financial bureaucrats. So we’ve gone from weakening the old 1930′s laws with the eradication of the up-tick rule as well as the repeal of the Glass-Steagall Act, to what might turn out to be a little gang of tight knit government bodies with Enormous DISCRETIONARY POWER.

What we will be looking at is the making of numerous so called “star chambers” that can potentially be converted into extremely powerful political weapons. All I see here is a group of hurdles set up to help keep things as they are. The large banking institutions have effectively caused it to be a lot more challenging for other finance institutions to realize the size essential to contend with all of them.

The banking power houses have effectively created a series of “pressure points” where they are able to apply their particular influence over a really small group of people to ensure that their particular challengers are kept at bay while their very own actions are kept off the radar. My friends, not a darn thing has evolved, and don’t let anybody tell you otherwise.

Volcker Rule

The so called Volcker Rule, which may have reinstated the most crucial provision of Glass-Steagall (namely, the separation of investment and commercial banking) was gutted. The thing that was left was a loophole-ridden joke. The headline legislation declares that only 3% of a bank’s capital can go to hedge funds and private equity, but in the small print they open the door to modifications after a study is produced by the Financial Stability Oversight Council.

Mmm, I wonder which way that review will go?

Derivatives

Here once again, the brand new guidelines on derivatives are blurry. The SEC and the CFTC will take over policing this area, and a central clearing house is going to be created to clear derivative trades. However, not all banks will be subject to the newest central clearing guidelines.

To the regulators’ credit, they’re making it mandatory that banks that don’t utilize the derivative clearing house need to enforce higher levels of margin, which is a good concept — but regarding just how much that margin is, who knows? I cannot obtain the number anywhere … if you already know it make sure you post it in the comment section, as I’d like to learn how much the banks will be required to put up.

Mortgage Companies

For a long time, mortgage companies underwrote bad loans, secure within the knowledge that they could get rid of them in to the mortgage backed security market. This, above all else, led to a glut of cheap money that fueled the real estate boom and drove housing prices up to unsustainable levels.

So how can we resolve that?

Well, the politicians are making it mandatory that the mortgage providers are only able to sell 95% of their loans, rather than 100%!! I have to admit, I chuckled when I read this! Do you really believe that 5% ownership can seriously be recognized as having “skin in the game”?

Nevertheless that’s the precise terminology the government is employing.

If you want to make certain that a mortgage company is going to underwrite good paper, wouldn’t you need to make sure they are holding a minimum of 30% of the mortgages that they underwrite with a mechanism in place that could offer them the cabability to loan more money on a sliding scale based on the delinquency rate of their loan portfolio?

The depressing news is the fact that it will likely be a long time before we know without a doubt whether or not these new rules are going to be successful or not.

But think about it: Do you believe that the authorities “watched your back” with these new rules, or did they “stab you in the back” instead?

I know how I feel, and I hope you’ll tell me what you think.

Eric LeRiche

http://www.InvestorRules.com

A bullish divergence?

If you read my posts regularly you probably know I am bearish these days but since I am a technician first I need to address a very important indicator that might support a bullish perspective:

The American Association of Individual Investors sentiment poll just returned its highest bearish percentage (57.07%) and lowest bullish percentage (20.94%) since March 5, 2009. That date should sound familiar to regular market watchers, as it marked a major bottom and the end of a months-long bear market.

Trade carefully

Eric$

Bi-polar markets!

“It was the best of times, it was the worst of times…”

I know it’s a bit saddle-worn, but old Chas. Dickens was 1 heck of a student of humanity, and his opening to A Tale of Two Cities, what with its dichotomous wisdom, foolishness, belief and incredulity, just seemed too apropos to pass on today.

If you’ve been watching the newswires at all lately, then I imagine you’re a tad cross-eyed correct about now. The Service sector is intended to become our biggest economic driver, providing some 80% of the action here within the States. And Retail is supposed to become the single biggest slice of the Service pie.

So one can only imagine the tension this week as we await a number of reports which are intended to reveal how nicely or poorly Service and Retail are doing, particularly when 1 considers the lousy employment news the markets had to swallow last week.

So how are these “engines of the economy” doing?

Dueling Experts

They’re up – that is great! Unless of course they’re not, which would be bad.

Should you were to ask a intended expert such as Federal Reserve Bank of Richmond President Jeffrey Lacker, he would tell you that consumer spending is “moderately strong,” and might be expected to sustain the economic recovery.

But should you were to ask Lacker’s compadré the same question (and an enterprising Nikkei reporter did just that), Dallas Federal Reserve Bank President Richard Fisher would cavil that “cautious households” could be expected to “cool” growth for the rest of this year.

Confused? You ought to be.

The Numbers Breakdown

On my desk in front of me are two wire service reports. One claims “U.S. Retailers Revenue Rise at Fastest Pace in 4 Years.” The other speaks towards the “U.S Service Sector Slipping in June.”

As usual, one has to dig a bit deeper to find the nuggets of truth that lie buried in the all the blather. Let’s begin with the second from the two, which addresses the numbers coming out of the Institute for Supply Management, a trade group composed primarily of Purchasers.

In May, the ISM’s index tracking service-oriented businesses hit its post-recession peak of 55.4. (Fifty is the index’s break point, with any reading above indicating growth, whilst results below that benchmark read as recessionary.)

Now ISM is reporting that its June Support index figure has slid back to 53.8. Whilst this is still barely holding on in positive territory, it does reveal a marked misstep in this index’s post-recession forward march.

Dig even deeper into ISM’s latest information dump, and you will find that its Employment Index did dip below the break line, dropping from 50.1 in Might to 49.7 in June. Looking forward, ISM tells us that many of its pollees report that they’re cutting future hiring plans.

Which End Is Up?

So how can Retail be performing so nicely, and yet not support its overall category? For that, we should investigate just how well Retail is performing.

You will find a number of major reports on this topic due over transom in the next five or six days, including revenue figures from Nordstrom (JWN:NYSE) and Kohl’s (KSS:NYSE), as well as the Census Bureau’s June Retail Trade report.

The “information” that was delivered under that oh-so-optimistic headline wasn’t really fresh news at all. Rather, it was yet another trade group, the “International Council of Shopping Centers,” reiterating its rosy numbers from the first five months of 2010, wherein, they note, revenue “probably expanded at a monthly average rate of 4%.”

Alarming Dark Spaces

As I sat to write to you today, the wire services had yet to disgorge actual June revenue figures. So I thought I might ramble about the “Retail Space” and find it on my own. What I discovered instead was anything but heartening.

Over the next few days, you’ll probably hear a great bit about sales at existing stores – that’s to say, the joints that have managed to survive the first leg of the “Great Recession.” But those figures do not necessarily paint a true picture.

According to actual estate information firm Reis Inc., vacancies at retail shopping centers are proliferating at an alarming rate. Reis’ Q2 2010 figure rose to 10.9%, higher than Q2 2009’s 10%, and approaching par with the all-time record of 11.1% back in 1990.

In other words, same store revenue may very nicely report up. But the rise could simply be the result of consumers having markedly fewer places to shop.

Capitalizing the Next Leg

Now I should be fair and confess  I already advised members of the VIP portfolio to short Kohl’s (KSS:NYSE) shares, among other retailers, to the tune of some 137% gains as I sit to write. And just last week, I suggested put choice contracts against the hardware chain Home Depot (HD:NYSE), which is doubly exposed to both retail and actual estate headwinds.

So to be honest, I am banking much more than a bit on the idea that retail is indeed leading us into the next leg from the “Great Recession.”

If you haven’t taken advantage of the free trial just go there now and sign up today. You have nothing to lose and everything to gain.

http://www.InvestorRules.com/VIP-Portfolio.html

Eric Leriche

How does the Chinse stock market affect our and other countries stock markets?

It’s difficult to make predictions, especially about the future.

As Yogi Berra once said, it’s difficult to make predictions, especially about the future…

To generate cash investing, you need to be ahead of the crowd… or at least seeking the story no one is telling.

That is a challenging endeavor today. All of a sudden, talking about the unspeakable — a double-dip recession and a retest of the March 2009 lows — is in style. Even readers are fed up with the end of the world as we have known it “stories”…

With valid reason, I believe. Stocks recorded their worst quarter since the whole thing hit the fan in Q4 2008. After cautious trading most of Wednesday, the major indexes went over a cliff in the final half-hour the moment the S&P hit 1,040… closing the day lower 1%.

As I suggested yesterday in my blog, technical analysts think this 1,040 figure is definitely a crucial line in the sand.

“If the S&P falls below 1,040,” writes Dan Amoss, “then we’re likely to revisit the lows below 700″. Who knows if this broadly reported ‘if, then’ conditional likelihood is legitimate? We might find out quickly enough. Whenever globally recognized technical support levels are breached, we have a tendency to see heavy rounds of ‘self-fulfilling prophecy’-based selling.

“Regardless of the way the technical conditions play out, there’s still a big difference between current stock values and the prices that many value investors are prepared to pay to assume the risks of owning stocks. The term ‘risk’ is key. In times of increased economic and political risk, investors demand higher risk premiums to hold on to stocks.

“A simpler way of saying ‘higher risk premiums’ is ‘lower stock prices.’”

My oh my, those annoying fundamentals.

The growth of manufacturing in the United States is slowing down — significantly. The ISM manufacturing index registered 56.2 for June. At first glance, that’s good, since anything above 50 indicates growth. But it’s merely one of these “unexpected” numbers that keep turning up nowadays — well below even the gloomiest guesses of 57.6.

Remember last month our friend Barry Ritholtz found a solid relationship between the ISM and jobs — which isn’t good. ISM topped out in April at 60.4, thus it “seems to be flashing late stage prior to employment has had any chance to clamber out of its ditch,” he said.

Sure enough, the jobs numbers we’re seeing this morning are still in the ditch — and on their roofs, wheels spinning.

With jobs and the manufacturing looking weak, all the major U.S. stock indexes were down 1% in the first 45 minutes of trading yesterday. The Dow has breached 9,700. The S&P is now down 15% from its April 23 high. That means there’s a 4-in-5 chance it’ll reach the 20% bear-market threshold.

The following things aren’t helping matters…

Manufacturing in China is also exhibiting a slowdown. Indicators from both the Chinese government and HSBC fell last month, and HSBC’s number is becoming precariously in close proximity to the expansion-contraction threshold, at 50.4.

For some reason, we have a feeling Beijing is in even less of a hurry to revalue the yuan now than it was earlier.

“You will notice,” wrote the Richebacher Society’s Rob Parenteau recently, “we have had nothing to say about the spellbinding, earth-shattering Chinese currency announcement… because it is a nonevent in our mind.”

All you had to do was study the declaration released by Chinese officials to realize they were just blowing smoke ahead of the G-20 summit in Toronto. But noone reads anymore, and few investors know how to think for themselves anymore, present company excepted.

“Having pegged to the dollar, which means the RMB has currently revalued as much against the euro in recent months as the dollar, the last weird idea the Chinese officials want to do is revalue the RMB even higher in the face of a sputtering trade surplus — in an economy that has been operating an export-led rapid growth approach, no less… with a labor force asking for salary hikes or committing suicide due to the fact conditions are a little bit too difficult to deal with on the 24/7 assembly line.

“How can all of this not be totally obvious? Simply because very few individuals know how to think for themselves any longer, and thinking on their own about macrofinancial dynamics is practically an extinct capability.”

As many have been forecasting, the expiration of the homebuyer tax credit sent pending home sales plummeting in May that blew away what the experts anticipated. The National Association of Realtors (NAR) index of existing homes under contract fell 30%, double the consensus.

This occurs on top of some other detrimental markers we got this week on the housing front…

* Foreclosures accounted for 31% of all home sales during the first quarter. Prices on those homes were 27% lower than homes that were not distressed sales. “The lower price will probably stay between 25-30% percent as lenders cautiously manage the number of new foreclosure actions in order to avoid flooding the market,” according to RealtyTrac, which crunched these numbers

* The taxpayer rescue of Fannie Mae and Freddie Mac — already costing $145 billion — could reach $400 billion, according to the Congressional Budget Office. And that is if housing prices hold. If they drop, that may rise to $1 trillion.

In yet another desperate effort to prop up the housing market, Congress decided this week to provide homebuyers under contract another 2 months to get to closing and still claim the homebuyer tax credit.

Without that extension, it would have expired yesterday.

Well, it seems European banks will roll over 442 billion euros in 12-month loans from the European Central Bank (ECB) with relatively little trouble.

The ECB is lending about a quarter of that figure — 111 billion euros — to tide some of the banks over for an additional week. But they’re not the largest banks, so traders aren’t bothered and are holding the euro steady this morning at $1.23.Russia grew its gold stash by 22.5 tons in May, according to the International Monetary Fund. That’s four consecutive months in which Russia has added to its gold holdings, which now total 703.1 tons — the ninth-largest in the world.

All of that being said, it does look obvious that we will be be going lower before going significantly higher but I want to remind everyone that there is a strong contrarian movement and given the volatility of the world’s economy you ever know what’s going to move the markets next so don’t bet the farm on any direction and use pay special attention to your money management strategy.

If you don’t have any idea what this means or believe your knowledge on this matter is deficient let me suggest you check out my VIP-Portfolio package which on top of giving you very well researched picks with specific entry an exit targets to maximize your gains and protect your capital, also includes a complete tutorial on how to become a sophisticated investor who can profit from Bull, Bear and sideway markets…

In other words this package will not only feed you it will teach you how to fish!

Just go to http://www.InvestorRules.com/VIP-Portfolio.html

It’s free to try…

Enjoy

Eric LeRiche
InvestorRules

Markets are Crashing Again! Are You Ready this Time?

Did you ever hear the old saying:

“Fool me once shame on you, fool me twice shame on me!”?

Unless you were already a sophisticated investor, I’m sure you suffered
some significant losses last year and I’m sure you’ve asked yourself: “what
could have I done and what can I do to avoid such a disaster if it happens
again?” Like most people you find yourself dependent on your financial
adviser who himself is dependent on the mutual funds he promotes.

Let me tell you what I think of mutual funds:

With more than 9,000 stocks to pick from, just how much is just too much?

I talk to so many investors/traders each day that tell me about their
particular “10 positions,” “20 positions,” “50 positions,” and even “100
positions.”

I get so irritated!

Come on, man, think it over!

Mutual funds have hundreds of positions. Their hope is to be diversified.

If the market rises then they might make 2-3%.
If the market goes up big then they can make 5-6%.
If the market decreases then the funds is going to be down 2-3%.
If the market crashes  then the funds will probably be down 5-6%.
If they break even then you just paid 1000s of dollars to have your
money do nothing at all.

This scenario used to seem sensible simply because, in the past, the market
has
constantly increased.

However, the stock market has evolved.

Computer trading currently makes up a tremendously large part of the
average daily trades.

2008 demonstrated that a decade could be wiped out in months.

The “fat finger” of 2010 demonstrated that many years may very well be
wiped out in minutes.

“Safe” became the new “Not really Safe.”

So, what do I think of mutual funds?

I do think they make sense for less than 20% of your savings and only if
you
can give them at the very least 10 years to run their course.

I think you may then take some risk capital and look to make a good
years % return for a mutual fund in a single trade.

You heard right, when you learn how to trade for yourself, it’s attainable
to
make 5-6% or more on a single trade.

Hype?

No.

As an example, last year my VIP portfolio members returned an average of
5,8% per trade and the average time to reach this yield was less than 2
months. So you see, I’m not saying you can make 5-6 % per year here. I’m,
saying you can make 5-6% per trade, in average since some will actually
lose money.

(if anybody tells you he/she doesn’t have any losing trades, run the other
way!)

Find out how I do it now.

Go to http://www.InvestorRules.com/VIP-Portfolio.html

The key to it all…

A Strong  Focus On Individual Stocks.

By channeling 2-3 stocks properly you can trade in your own world where
you
really rely on the individual stocks instead of the market as a whole.

Find out more now.

Go to http://www.InvestorRules.com/VIP-Portfolio.html

The more stocks you trade, the more you are trying to play the market as a
whole.

The less stocks you play, the more control you possess.

I observed a savvy student begin with $5,000 and turn it into $55K in
months by trading stocks in one sector.

Oftentimes, less really is more.

If I had to own 100 stocks for 10 years – I would just as soon have
somebody else take care of my money. At least then I would have somebody to
yell at!

But I don’t have to own one hundred stocks so I rely on myself personally.

I want to teach you how to rely on yourself now.

Go to http://www.InvestorRules.com/VIP-Portfolio.html

It begins by creating a good workable stocks to watch list, moves through
entry points and exit points and ends with you coming out on the other
side – in control.

To Your Success,

Eric LeRiche

P.S. This Is Not Your Average Stock Market Experience.

How would this have affected the 1929 stock market crash?