MONTHLY TRADER ALERT

This is an update from the Daily Market Advantage

Today we ran into the 61.8% retracement level on the DOW (11,247),
and came close to it on the S&P 500 (1227).

If you’ve been waiting for a good time to go short, this might be
it.

I say *might*, because frankly the market has been like a runaway
freight train.

I’m not sure if the momentum is ready to shift yet, but when it
does… it could be fast and furious.

So IF you’ve been waiting to go short, you might consider a small
position now.

But keep a tight stop, because the market could continue its upward
momentum.

If you enjoy the HIGH risk 3X ETF’s like I do, you might want to
take a look at shorting DRN (real estate bull, currently at $230).

Remember, the leveraged ETF’s can kill your margin in a hurry, so
set tight stops and don’t buy or short more than you can afford.

Members of the Daily Market Advantage receive this kind of insight
and much more EVERY trading day.

If you’re not yet a member you can get more info at:

Daily Market Advantage

In addition to the daily reviews, Dave also posts “mid-day updates”
from time to time, with valuable up-to-the-minute tips.

It’s important to stay alert and be aware of the changing market
conditions, and the best way to do this is to join the Daily Market
Advantage:

Daily Market Advantage

The market consolidated again today which, in almost every case (sideways action), means that the market will continue higher.

It’s making it’s way to the 61.8% retracement level on both the DOW (11,247)
and the S&P 500 (1227).

We are waiting now for the best shorting opportunity since October 2007 when
it hits these levels.

A subscriber asked me what will possibly cause the market to go down
at this point.

The answer is never revealed until it happens but I’m guessing that it could be
any one of dozens of reasons:

1. The Health Care Bill backlash that’s building
2. The Tea Party momentum
3. The Greece debacle that’s starting to boil (Greek credit default swaps are hit a historic high this morning)
4. Excessive government debt and lack of bond buyers
5. Goldman Sachs fraud – it’s just the tip of the iceberg
6. And much more…

Trade With Confidence
Daily Market Advantage

There are many indicators a trader can use along with great software to scan the many possibilities. Out of all the indicators, what are the best technical indicators?
Well it might surprise you:

• Support
• Resistance
• Trend Line

You are probably thinking to yourself that’s ridiculous or how could that be true. Well if you have the right trading strategy (such as the ones you will find in the Diversified Options Trading website), they could be the only indicators you would ever use. Watch the video below to find out more.