THREAT LEVEL RED!
August 11, 2006 (FinancialWire) (By Frank Kollar)
For the first time ever, terrorist threat warnings have been raised to their highest levels. Ten or more airlines were to have been exploded in mid-air using liquid explosives. The bad news is; we are at “Threat Level Red,” there is war in the mid-East, hurricane season is upon us and the BP Alaskan oil pipeline is shut down.
What would a healthy contrarian do asks market timer Frank Kollar at Fibtimer.com (http://www.fibtimer.com)? If contrarian theory is alive and well, the markets should be ready to rally here. And remember, the S&P 500 Index (SPX) has a probable double bottom in place (mid-June and mid-July). Think bullish!
Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.
Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.
Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.
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