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August 8th, 2007 A cuppa MagicT anyone? No, it's nothing to do with tea (or mushrooms!) It's short for "Magic Trough". There are seventeen market models within my unique TrendSensor Trading System, and MagicT is one of the elite group of seven models I place highest weighting on. It has an uncanny knack of serving up buy signals very early in the strong bounce that usually follows powerful sell-offs that are fueled by fear and panic. In fact, it was designed to identify this exact type of opportunity. In case you're interested in the technical stuff, MagicT combines times series analysis of volatility with a statistical measure of an overly prolonged trend, and simple chart patterns to confirm the reversal back up. The chart at the link below of the DAX Index (Germany) covers 14 years and shows the MagicT in action (all those buy signals in all those troughs): www.trendsensor.com/Charts/DAX-LT-MagicT.png As you can see, most of the significant lows are nailed by MagicT, and the only signal that's clearly not timely is the first one in 2002. Right now my MagicT system identifies fourteen markets primed to throw a MagicT signal. This is a rare signal, triggering once every year or two for most markets, so that's an impressive array of markets primed to throw a buy signal. Some of these may not fulfill all the signal requirements within the time frame allowed, but there are ten markets that are very likely to trigger MagicT buy signals within the next week or two. These ten markets are evenly split between Europe and USA: * Europe: ATX (Austria), BFX (Belgium), CAC40 (France), DAX (Germany) and FTSE100 (UK). * USA: BIX (S&P Banking Sector Index), HGX (Philadelphia Housing Sector Index), NYA (NY Composite), SPX (S&P 500) and SXX (Philadelphia Semiconductor Sector). Yes, when MagicT rides into town in the next few days it should signal a period of blissful trading for all the bulls out there. Enjoy it while you can - it may be the last good rally you see for a long time! All my trading signal clients will be onto this rare opportunity - and you're invited check out my free 5 week trial offer: get on board before MagicT rides into town!
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Murray Nickel is a mathematician, statistician, and professional trend trader. He offers a free trial of trading signals for market indices and index ETFs, spot Forex, and spot Gold. He also mentors trend traders aiming to build consistent success at trading global markets. Don't reprint the same version as everyone else. Get your own unique content stock markets article here.
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