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Hi (updated 2-18-2012),

The market is showing signs of an oversold condition and multiple bottoms at a common support area. This is a critical junction which can result in a turn-around from this bull market correction, a breakdown below support, or hanging around this area before moving on. We will discuss this scenario at our June 9th meetup.

When we reach 10 active members, all others will be put on a waiting list.
Our objective is to have a team to accomplish the following agenda:
Continue learning chart patterns of technical analysis to identify potential equity investments, and discuss other items as outlined below.
Continue to discuss the mechanics of our tasks, and how, with your repeated effort, the tasks will become a habit that will be easily accomplished and rewarding.
Our goal is for each member to monitor the diamonds of selected industry groups. To report when a stock of their watch list sets-up, below and within 15% of its pivot point. This is accomplished by listing the stock in the "ALERT" group on our designated stock tracking web site, and sending an email through our group communication channel to all active members, listing the industry group, the stock/equity symbol and its pivot point.
You have the option to pick your industry group from the unpicked list of industry groups, and notify me by email of your selection. To help you get started, you will be assigned an industry group if you don't make your own selection in a reasonable time period. This assigned industry group may be changed by you to one of the available industry groups.
Instructions and educational help will be available for members to assist them to accomplish this goal.
It is not necessary, but is desirable, for members to attend every meetup to participate.
You will have access to our common stock tracking web site to post your alerts, monitor preset major market indexes, market sector ETFs/indexes, etc. You will also have access to our group communication site, to post and receive "ALERTS", and other messages, to and from other active members.
For all of us to benefit from our mutual efforts, every member must be proactive in accomplishing their individual tasks, including learning the chart patterns, which will be communicated to you and further illustrated and discussed at our monthly meetups. You will learn to recognize these necessary charting formations of technical analysis and the minimum fundamental criterion to support a stock's selection.
This will be an evolving process that requires patience, a positive attitude and, above all, a member's team- mentality!!!
Members who fail to accomplish their part (allowing for interruptions by life's occasional events that are unsettling, disrupting or a crisis, or a planned out of town vacation, and communicating such event to me) will be removed from our group's participation.
I am looking forward to seeing you at our next IBD Meetup.
Ross
PS: I reserve the right to refuse attendance to anyone.
IMPORTANT CAUTION AND AGREEMENT TO HOLD HARMLESS: All content presented in the group is offered on a volunteer basis. Moderator and presenters are not screened or endorsed by IBD. They
may hold positions in stocks they discuss in the group. In most cases, they are NOT investment professionals, and have NOT passed applicable exams. Perform your own due diligence or retain your own professional advisor to help you buy and sell securities. The content presented is educational, and is not a recommendation to buy or sell any particular security. You can lose a lot of money in the stock market. Always protect your capital by working from a trading
plan and establish risk limits consistent with your financial position. As a condition of your participation in the meetup, YOU ACKNOWLEDGE THE ABOVE AND AGREE TO HOLD HARMLESS THE MODERATOR AND PRESENTERS in regard to any investment decisions you make.

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Founded Oct 22, 2003
  • Investors and Trader Enthusiasts 239
  • Group reviews 6
  • Upcoming Meetups 6
  • Past Meetups 128

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Rafaël

We just grab a coffee and speak French. Some people have been coming every week for months... it creates a kind of warmth to the group.

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