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	<title>Stock Trading Internet Blogs &#124;Keep Yourself Updated With The Wizard Blog &#187; BSG Momentum</title>
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	<description>The best day trading software information from The Wizard.  Get tips on how to use the best online stock trading strategies.</description>
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		<title>Double top at 1150 on the S&amp;P&#8230;&#8230;Caution</title>
		<link>http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/</link>
		<comments>http://thewizard.com/blog/double-top-at-1150-on-the-spcaution/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 03:20:30 +0000</pubDate>
		<dc:creator>Gene</dc:creator>
				<category><![CDATA[BSG Momentum]]></category>
		<category><![CDATA[Double Greens]]></category>
		<category><![CDATA[ETF's]]></category>
		<category><![CDATA[Futures]]></category>
		<category><![CDATA[Newsletters]]></category>
		<category><![CDATA[Seminars]]></category>
		<category><![CDATA[Tech Support]]></category>
		<category><![CDATA[Trend Change]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://thewizard.com/blog/?p=776</guid>
		<description><![CDATA[Comments today are from TheWizardPro We have to watch this area very closely.  Make sure you are taking your profits at the targets.  Double tops are a vulnerable area, in that they become a very strong resistance area.  A case in point is when we made a double top in 2007 that matched the top [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Comments today are from TheWizardPro</strong> We have to watch this area very closely.  Make sure you are taking your profits at the targets.  Double tops are a vulnerable area, in that they become a very strong resistance area.  A case in point is when we made a double top in 2007 that matched the top of 2000.  I don&#8217;t have to tell you what happened there.  The Wizard will get you out if we start a down trend with the stops that you have in place at this time.  As I always say, if you are not comfortable with your trade or you do not want to give any profits back, get out of the trade. You should always be comfortable with your position in the trade, until you trust theWizard.  Let me explain what the Wizard is:</p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Cambria;"><strong><em>TheWizard is a program that lets you know if the stock markets are going up or going down and what to buy at the right time. There are no charts to buy or indicators to follow. All you need to do is buy at the price it tells you or sell at the price it tells you. <span> </span>With the way it finds the market direction, you will develop the confidence that you can quickly be a serious investor.  The Wizard is &#8220;simple, dynamic and “deadly accurate”, as reported from a recent review in the </em><em>Dallas Morning News</em><em>. </em></strong></span></p>
<p>You have to develop confidence in any investing system that you use.  If you are new to TheWizard, take the first month and do what we call &#8220;paper trade&#8221;, by posting your selections in the portfolio that we provide. This will give you a chance to test yourself and TheWizard.  Here are the scans for the daily conservative, daily aggressive, and the weekly conservative for the four main Index ETFs.  The Dow, S&amp;P, Russell and the Nasdaq. As you can see the targets are locked in on all but the S&amp;P and it has 50%  locked in. The weekly conservative has already locked some profit up also.  <strong></strong></p>
<p><strong>Daily Conservative</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-conservative-31410.png"><img class="alignnone size-medium wp-image-777" title="etf-conservative-31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-conservative-31410-300x257.png" alt="" width="300" height="257" /></a></p>
<p>(click on image to enlarge)</p>
<p><strong>Daily Aggressive</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-aggressive-31410.png"><img class="alignnone size-medium wp-image-778" title="etf-aggressive-31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-aggressive-31410-300x255.png" alt="" width="300" height="255" /></a></p>
<p>(click on image to enlarge)</p>
<p><strong>Weekly Conservative</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/etfweekly-conservative31410.png"><img class="alignnone size-medium wp-image-779" title="etfweekly-conservative31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/etfweekly-conservative31410-300x255.png" alt="" width="300" height="255" /></a></p>
<p>(click on image to enlarge)  <strong></strong></p>
<p><strong>All of the ETFs are doing quite well the last 3 weeks</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-scan-31410.png"><img class="alignnone size-medium wp-image-786" title="etf-scan-31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/etf-scan-31410-300x254.png" alt="" width="300" height="254" /></a></p>
<p>(click on image to enlarge)  <strong></strong></p>
<p><strong>Futures and Forex</strong> I don&#8217;t comment to often on the Futures and the Forex, but TheWizard has been giving tremendous signals on both. Here are the results. For all of your Future and Forex traders here are the current results.</p>
<p><strong>Futures</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/futures-31410.png"><img class="alignnone size-medium wp-image-780" title="futures-31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/futures-31410-300x256.png" alt="" width="300" height="256" /></a></p>
<p>(click on image to enlarge)</p>
<p><strong>Forex</strong></p>
<p><strong></strong> <a href="http://thewizard.com/blog/wp-content/uploads/2010/03/forex31410.png"><img class="alignnone size-medium wp-image-781" title="forex31410" src="http://thewizard.com/blog/wp-content/uploads/2010/03/forex31410-300x256.png" alt="" width="300" height="256" /></a></p>
<p>(click on image to enlarge)</p>
<p>If you have not signed up to be an associate to share theWizard with your friends, be sure and go to <a href="http://thewizardnetwork.com" target="_blank">theWizardNetwork.com</a> and sign up.  Have a good week and God Bless,  Gene Stunkel  Founder and President  TheWIzard.com LLC</p>
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		<title>BSG Momentum has spectacular results.</title>
		<link>http://thewizard.com/blog/bsg-momentum-has-spectacular-results/</link>
		<comments>http://thewizard.com/blog/bsg-momentum-has-spectacular-results/#comments</comments>
		<pubDate>Sat, 17 May 2008 13:41:43 +0000</pubDate>
		<dc:creator>Gene</dc:creator>
				<category><![CDATA[BSG Momentum]]></category>

		<guid isPermaLink="false">https://thewizard.com/blog/?p=54</guid>
		<description><![CDATA[Fellow Wizards
The two grids are from the daily and weekly BSG Momentum.  Both are for the top ten in each scan.  Theses are double greens,  and single greens where we do not have enough data for the weekly scan.
As you can see the average percentage on the daily is 47.78%.  A most [...]]]></description>
			<content:encoded><![CDATA[<p>Fellow Wizards</p>
<p>The two grids are from the daily and weekly BSG Momentum.  Both are for the top ten in each scan.  Theses are double greens,  and single greens where we do not have enough data for the weekly scan.</p>
<p>As you can see the average percentage<span id="more-54"></span> on the daily is 47.78%.  A most of theses are in the last 60 days. There are two exceptions and they are slightly over 4 months. This is done by taking the greens in an up market and not taking the shorts. The Wizard picked everyone  of these stocks with a pre-buy. You will also notice that most of the picks were from the highest ranking sector during this time which was Basic Materials.</p>
<p><a href="https://thewizard.com/blog/wp-content/uploads/2008/05/bsg-daily-top-ten.png"><img class="alignnone size-medium wp-image-55" title="bsg-daily-top-ten" src="https://thewizard.com/blog/wp-content/uploads/2008/05/bsg-daily-top-ten-300x269.png" alt="" width="300" height="269" /></a></p>
<p><em>(click on image to make larger)</em></p>
<p>The following is a weekly scan done the same way.</p>
<p><a href="https://thewizard.com/blog/wp-content/uploads/2008/05/bsg-weekly-top-ten.png"><img class="alignnone size-medium wp-image-56" title="bsg-weekly-top-ten" src="https://thewizard.com/blog/wp-content/uploads/2008/05/bsg-weekly-top-ten-300x267.png" alt="" width="300" height="267" /></a></p>
<p><em>(click on image to make larger)</em></p>
<p>We are in these stocks from 7 months to 21 months with an average gain of 215%. The Wizard makes more profit when you filter out the stocks with a lesser probability.</p>
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