You have only been on this email list for a few days and you have a lot of catching up to do. I want to speed you up on what I think about the current market trends after what been happening this week. I basically believe the US stock market is in a bear market and you have to position yourself accodingly.

First I want to tell you though that I have nothing to sell you. My WSW Power Investor premium service - which includes much more detailed commentary on the market, many more actionable investment ideas, and more stock picks than you can get from this free list - is closed to new subscribers. You cannot join it right now. We only open it up to new people two to three times a year.

But don’t worry about that, because you will find that the information that you can get from this free letter is better than what you’d have to pay to get anywhere else.

Enough of that.

So the market - when it comes to the market you need to know the trends. Let me quickly sum up what I think about the stock market now and give you the links to some articles I’ve posted in the past year that go into much more detail:

1)We are in a primary bear market. I’ve been bearish on the stock market since last October and believe that we are in a bear market that is not likely to end until next year. I took some short positions against the stock market back near the May top and am currently holding them. We saw a rally begin at the end of July, but I expect it will end in August and the market will turn lower again. The bear market is not over.

On May 24th I put together a video series warning people that the market rally that began in March was over and that they should cash out and consider shorting the market if they wanted to make some bets on the downside. I’m personally short the market averages right now and long a few gold stocks.

Bear Market Video series filmed May 24, 2008:

http://clicks.aweber.com/y/ct/?l=HZ deC&mkNufYNZVlrk7z&b=FDWkxxxQyjItVS11mdzYLA
In the time frame of October 2007 through the end of December 2007 I warned people over and over again that a bear market was beginning and that they should adjust their portfolio accordingly.

Looking at these articles will give you an idea of the signs that warned me and my subscribers that a bear market was upon us:

September 24, 2007: Fed Projects a Four Year Long Recession - the reasons for the bear market:

http://clicks.aweber.com/y/ct/?l= HZdeC&mkNufYNZVlrk7z&b=dZ7e9rzjMkxkSwJvRQKZDw

October 15, 2007: Market Sentiment at Dangerous Levels:

http://clicks.aweber.com/y/ct/?l= HZdeC&mkNufYNZVlrk7z&b=Q9SIAaCU3mW7rcApCr_peA

Dec. 20, 2007 Internal Warning Signs Abound:

http://clicks.aweber.com/y/ct/?l= HZdeC&mkNufYNZVlrk7z&b=fAZqFO5U1PSondmrYVoywA

Even though I believe we are in a bear market I do expect we’ll see rallies and I try my best to call the important ones. Back in January when the market made a panic bottom I told people not to sell, because we were at a temporary low and should rally:

January 21 - Is the Monday Market Meltdown in Europe Setting the Stage for a Panic Bottom on Tuesday?

http://clicks.aweber.com/y/ct/?l =HZdeC&mkNufYNZVlrk7z&b=XLssdfuz2TuDygckd66fmQ

January 22 - Don’t Worry Everything is Going to be Fine

http://clicks.aweber.com/y/ct/?l=HZd eC&mkNufYNZVlrk7z&b=X83TvcqNZ3PvUwBLWGvhyg

January 24 - The Rally Has Begun:

http://clicks.aweber.com/y/ct/?l=H ZdeC&mkNufYNZVlrk7z&b=b2EmiL2OivzWcn8hlhYfbA

2)Now just as much as I’m bearish on the stock market I’m bullish on gold stocks over the long-term.

You can see what I’ve been saying about the gold stock roller coaster all year with this collection of articles:

http://clicks.aweber.com/y/ct/? l=HZdeC&mkNufYNZVlrk7z&b=FZ_zSHVg_ZLsqyePQAS.FA

I’ll be keeping my fingers on the pulse of all of these market trends for you in this free newsletter. You’ll be able to use this information to improve the performance of your own investments and to learn about what really moves the market so that you’ll know how to be able to read market signals yourself.

2)Now for my most recent articles go to this link:

http://clicks.aweber.com/y/ct/?l=HZ deC&mkNufYNZVlrk7z&b=yev29EoBplQrfKM9FaJ2mQ
I’m glad to have you as a subscriber! - Mike

Timingwallstreet, Inc., 673 Westridge Drive, Danville, VA 24541, USA