To OTC Journal Members:
 

Three New OTC Journal Features

This weekend's edition contains three new features we are adding. We hope these enhance your experience and your view of the OTC Journal as a valuable resource.
 

Market Comment- 10 Hours Straight Up - With Volume!!!!!!!!!

Those of you who have been hoping for a relief rally should send the OTC Journal a thank you letter. On Tuesday we recommended a short position in the QQQs or the SPYs for a short term trade as it looked as if the market was entering a capitulation phase. On Wednesday at about 2:00 Eastern the market started climbing, and rocketed for 10 straight trading hours. Undoubtedly, our idea to go short was the catalyst for this move.

The rally started on the back of rumors out of Tokyo that the CIA was already negotiating surrender terms with Iraqi generals, and was then fueled by General Norman Schwarzkopf's pronouncement that the war would not last more than two weeks. Throw in the Bush Administration's willingness to extend the resolution deadline and a weekend summit, and you have the fuel for a breathtaking rally.

If you participated in the idea, we hope you participated in the disciplined stop loss we recommended as well. 

Despite having struck out on the first at bat, we are planning to make market related trading ideas a regular feature when conditions set up for  high probability trades. We have a new technical advisor, and followed his ideas for nine months before publishing the first one. Look for more.

This past week's rally was different than past rebounds, and has market technicians buzzing about a potential bottom and new uptrend. This rebound had one characteristic lacking in those of the past- VOLUME!!!! Thursday was one of the highest volume days of the year, and this bodes well for a continuing rally.

However, the jury is still very far out. The market should return to a temporary phase of retracement selling and sideways grinding. Since the move up was so big, the potential pullback could also be big. Look for the SPX (pictured in the chart) to pull back below 820 in order to trigger a trade to the long side. If the idea sets up, we will publish it.
 

2ND Weekly Cartoon - Give Us Your Name To See the Caption

Please note - at the bottom of the cartoon there is a link. If you click on this link it will take you to a form on which you can submit your first and last name. Once you follow the procedure and submit the information, both this and all of our future cartoons will automatically be personalized for you. If yours is personalized, you already gave us your name.

The information you submit will be used for no other purpose than to personalize cartoons. Later, we will introduce a version you can send to friends, personalized by you for them. Please take the time submit this information so we can enhance your experience.

New Feature - Members' Forum

We get a lot of great comments from our members on nearly all subjects. We have decided publish a Member's Forum in each of our editions. At the end of the next issue you will be able to read several comments we feel are worth repeating to the entire membership.

For the first series we will accept comments on two subjects, and we will publish both positive and negative thoughts. Comments on any of the following micro cap stocks are welcome:

• STLOF, SWEB, IRSN, FMLY, SWEB, XMLG

Please send your comments for the Member's Forum to info@otcjournal.com. Subject line- Members Forum- Please identify yourself by first name and last initial.

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Click here to receive your FREE 30-Day Trial Membership with no further obligation. Sign Up Today! 
 

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts.

All statements and expressions are the sole  opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities  mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.

The editor, members of the editor's family, and/or entities with which they are affiliated, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication unless specifically disclosed in the newsletter.

The profiles, critiques, and other editorial content of the OTCjournal.com may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN  SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN  CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.govand/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm. Disclaimer ID:$subst('Recip.userid') Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.