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Last Updated : 16 October 2009 at 10:00 IST
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Dow@10,000: The bull market is still on

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By Mike Swanson
The DOW just crossed over the 10,000 market. I think this is another confirmation that the bull market is still on and even with a little set back here or there is going to continue higher the rest of this year.

But what about next year? Some are saying this is a bear market rally that will lead to total collapse. Others think this is going to be a multi-year bull market like we saw begin in 2003. While another scenario has the market going sideways after making a big peak.

I talked to Dave Skarica about this to get his take on what we can expect to see happen next year.

I got Dave to do a special deal to get into his trading service at a cheap monthly rate. We announced this deal Monday and have a flood of people sign up for it. I got him to offer this, because we both think now is the time to start to be getting into gold stocks and junior stocks ahead of a big end of the year rally. Now is the time because he is planning on releasing several new stock picks over the next couple of weeks. 

However, We are going to pull down Dave's special offer today at midnight. Normally he charges only a flat annual fee and doesn't process refunds or give trials periods to new people. He figures that people either are serious about making money or not and he knows if they stay for a year they'll eventually make money and find value in the service. The problem with short-term trials is that they attract people who are incredibly anxious about the market and making money and they want instant results.

Truth is you can't make money every single day in the stock market and sometimes you need to wait for the right time to do something like right now. So whether they just happen to get in on a week where a lot is happening or not is important to whether or not they will stick around enough to get real results. Those that sign up for annual subscriptions with no trials tend to do better in the long wrong because they enter the service with a more serious mind set.

"Trial" subscribers usually aren't like that - they go from service to service and never seem to make money, because they don't just sit and do it. They go to one guy thinking they can get a stock picks list to just blindly buy off of and then go to someone else when it doesn't work out the way they want. The problem is they have no discipline or strategy.

But it isn't fun to deal with on our side when you are trying to really help people make money. Dave and I are serious about trying to make you money, but you have to be serious about it too.

When we did the video Dave wanted to charge a flat annual fee, but I got him to do a monthly rate with a 60 day trial period for you so you can try it for cheap with absolutely no risk. We started to offer this on Monday just for a few days and I suggest you just go ahead and sign-up right now. You have absolutely nothing to lose and a lot to gain. I know how it can help you, because I've gotten a lot of value out of his newsletter and advice over the years.

The thing is we are going to pull down this offer tonight at midnight. Dave wants to go back to his regular offer with no trial and only one big annual fee. Besides, either you are serious about making money or not, it's just that simple. And with the market rallying and gold under $1,000 an ounce now is the time.

Courtesy: wallstreetwindow.com
NCDEX PEPPERMALABARGARBLEJUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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