How much would you pay someone if he or she told you with confidence that the stock market was going to go into a correction and they were right? Conversely, what if they told you when the right time to get back in and they were right about that too? You'd probably pay a lot of money to him or her.
In fact, what if they were right about just about every market turn? Now I am not going to tell you that you have to climb the highest mountain to find some sage that is capable of making these predictions.
And to be honest, I don't really know of any one person that is capable of doing this consistently.
I am familiar with a service that has these capabilities though.
Investor's Business Daily is such a service that has been able to predict the trends of the market.
They've been at it for a while and have been quite accurate.
Now, they don't predict exact days but they do make their projections on signals that they get from the market.
On a daily basis (business days) you will have a great idea on whether it's time to get in the market or out.
But it gets even better.
They have a complete methodology on investing called CANSLIM.
Without too technical CANSLIM is an acronym for the various steps that you mush follow.
The "C" stands for current quarterly earnings.
"A" stands for annual earnings.
"N" is new product or management or when a stock reaches a new high.
The "S" stands for Supply/Demand.
The "L" is for leader.
"I is institutional sponsorship.
And the "M" is for market direction.
The actual parameters of each of these are too detailed to go into here but the service explains what the parameters are and how to use them.
Which would you rather do? Buy a stock blindly or have full confidence that the stock you choose is a good stock bought at the right time? Investor's Business Daily is your key to becoming a knowledgeable investor.