Adam Hewison, INO.com President, sums up the sentiment I’m sharing in this news release which explains why “trying to catch a falling knife” can cut your account to shreds. If you were a Market Club member, you likely caught the signal on this stock 12 days ago. I liked Adam’s quote, “Markets often glide, then they slide, but they slide faster than they glide.”

Hewison recently released a fresh educational this morning video entitled “How to Avoid Market Meltdowns” where he describes this situation further, and analyzes the monthly and other charts of Bear Stearns, and explains how the Market Club’s ‘trade triangle technology’ tool signaled members 11 ahead of time of Friday’s plunge to get short or exit positions in the stock.

Granted, if you were proficient at technical analysis, you would have recognized the downtrend and increasing momentum, but their members receive simple signals that are a composite of different factors of technical analysis.

I wanted to provide some quotes from the article that’s contained in the link above, as well as a few quotes from the brief video.

“Never buy because a price looks low, and never sell because a price looks too high. It doesn’t matter what you think.”

“You can only determine the trend by using pure market action. The easiest way to do this is by using a program that tells you in plain English what the market is doing.”

“We are going to see some amazing market and trading opportunities this year. So plan now to make some big profits. It’s important to stay cool, listen to what the markets are saying and have a “Game Plan” that works.”

“Let the markets have their say … all you have to do is listen.”

Thank you to Adam for sharing this information with us and all other traders.