Why This Permabear Is Still Quite Bullish


AMZN, the most important stock-market bellwether of them all, peaked Friday just 36 cents from an ostensibly important rally target I’d sent out to subscribers the night before. Much as I’d like to enthuse about the possibility that this will mark an important top in the broad averages, I’ve dispensed with the usual hubris to focus instead on still-higher targets for some widely followed trading vehicles, most particularly AAPL. There is also a rally target outstanding in DIA that can help keep us properly bullish for the time being. As backdrop, keep in mind that I’ve already projected a target above 26,000 for the Dow Industrials.  Eight-and-a-half years into a bull market, if you’re going to follow some guru’s giddy advice, wouldn’t you rather it come from a die-hard bear than from a wild-eyed, glue-sniffing permabull who hasn’t been around long enough to know that bear markets happen?

Comments on this entry are closed.

Harry HV October 30, 2017, 3:13 am

When the last permabear capitulates there is no-one left to buy

shawn October 29, 2017, 6:33 pm

Hi RA, Trust you are well. Stock market performance aside shouldn’t the focus be on Yellen decidedly relieved, the yield curve inverting, while EU tripe and JGB’s collectively saying Meh? What am I missing??? We’re talking about a quadrillion of interconnected garbage that cannot Ever be repaid yet global credit mkts just whistle past the graveyard. Call me crazy but another 25 bps and the jig is up. Surely cannot be the only one besides Yellen sneaking quietly back to the Berkeley Hills with a box of MRE’s, am I?

Hidden Pivot Graduate
Help Page

Click here
for a help page needed as a Hidden Pivot Graduate.

Keep Your
Skills Current

Click here
for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge


Start a Subscription
Lost my password

Seminar Information page.

Tuesday, January 8, 2019

The consistent accuracy of Rick Ackerman’s forecasts is well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.

Another secret Rick will share with you, “camouflage trading,” takes more time to master, but once you get the hang of it trading will never be the same. The technique entails identifying ultra-low-risk trade set-ups on, say, the one-minute bar chart, and then initiating trades in places where competition tends to be thin.

Most important of all, Rick will teach you how to develop market instincts (aka “horse sense”) by observing the markets each day from the fixed vantage point that only a rigorously disciplined trading system can provide.

The three-hour Hidden Pivot Course is offered live each month. If it’s more convenient, you can take it in recorded form at your leisure, as many times as you like. The course fee includes “live” trading sessions (as opposed to hypothetical ‘chalk-talk’) every Wednesday morning, access to hundreds of recorded hours of tutorial sessions, and access to an online library that will help you achieve black-belt mastery of Hidden Pivot trading techniques.

The next webinar will be held on Tuesday, January 8. Click below to register or get more information.

Knowledge Base Link
Show Buttons
Hide Buttons