CRASH CLASS TOMORROW: Here’s What to Do
Well, the crash has happened… but the opportunities to trade this thing for big profit potential are just getting started. In tomorrow’s one-off session we’re going to use AI Timing Webs to isolate the sectors best positioned to give up these profits. It’s at 2 PM ET and won’t be repeated, so don’t miss it…
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I Was Right About This Week’s Huge Downturn
By Gianni Di Poce
Well, it’s finally happened. I’ve been warning for months – since it was cooler outside – that the carry trade in increasingly expensive Japanese yen was likely to blow the markets apart.
And wouldn’t you know it… the mad traders’ rush to unwind their suddenly-expensive yen carry trades has at last blown the markets apart.
Of course, it feels much better being right and protected, and if you’ve been following along with me, I’m sure it’s the same for you. I came into this week heavily in cash.
In fact, the big cash position even gave me the peace of mind to make some strategic buys amid the frantic selling yesterday.
That said, it’s likely this rout has a few more innings left to run; I don’t think the bottom is in, regardless of today’s bounce.
But our healthy cash position means we can set worry aside and focus on some incredible risk/reward setups in the meantime.
Here’s what I’ve got in mind…
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Check Out This Free Trading Guide
This is the perfect time to make sure you’re up to speed on your trading know-how. So I want to ensure you’ve read our free Rebel’s Guide to Trading Options – it covers all the basics of trading options. Like everything we do, the course is in plain English. It’s specially geared toward beginners but all traders will get something out of it. Yours absolutely free, of course – right here…
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