For Your Interest in Double-Digit Trading.
apologize, but at this time we are not processing
any new orders for Double-Digit Trading.
Already a member?
Log in here.
Let this Swing Trader Guide You to Quick Double-Digit Gains --
Whether the Market Swings Up or Down
Dow plunged -37% in 2008, Dr. Melvin Pasternak made money.
When it rebounded +19% in 2009, Dr. Melvin Pasternak made money again. Read
on to see how this 32-year veteran swing trade can help guide you to quick,
double-digit profits in ANY market -- including this one...
Like Michael Jordan
retiring in his prime, Dr. Melvin Pasternak left thousands of disappointed
fans when he said goodbye to us at StreetAuthority in 2007.
I wasn't too happy myself. I'm in the business of selling subscriptions.
With his portfolio up +30% at the end of his last run with us, well ahead of
the S&P 500, his service sold itself.
In fact, Dr. Pasternak's last 20
winners with us were all up double digits. He was making his subscribers
money... he was making himself money... and he was making me money. I hated
to see him go.
But... after investing since 1962... and trading almost every day for the
past three decades, who can blame the man for wanting to take a break?
Staying Sharp at Home
A few months ago, Melvin called me up from his home in Calgary. It turns out the good doctor hadn't
been sitting on his hands in retirement.
"The wild up-and-down swings we're seeing in the stock
market are creating plenty of opportunities for quick, double-digit swing
Hello, I'm Dr. Melvin Pasternak. Over the past three decades I've traded
stocks almost daily.
Over the years, I have made 7,000 to 8,000 trades and have a towering stack of brokerage receipts in my basement to prove it. Some years have
been especially memorable. In 1999, the last year of the great bull market,
my account size went up over 700% and I turned a profit on over 80% of my
I'm not going to thump my chest about my net worth... but let's just say my
trading has been more than profitable enough to fund the lifestyle I want.
My wife and I live very comfortably. We have a lovely home on some beautiful
acreage. On weekends, we often go to our rural cabin on a large piece of
land with 80-foot-tall spruce trees and a river running through it.
I'm not a jetsetter or a toy collector. I'd rather give what I don't need to
charity and spend my scarce free time volunteering on the three boards I sit
I started investing young. I was born in 1944 and bought my first stock in
1962 -- while working one summer as a runner on the floor of the New York Stock
I noticed IBM kept going up and up and I hated to see the ship leave port
without me. So I scraped together every penny I had and bought 50 shares.
My father was very upset. He couldn't believe I was risking all the money I
saved for college.
I bought the stock anyway -- and made the princely sum of $1,000 -- which actually
princely sum in 1962.
I went off to college and grad school... obtained a Ph. D. in English and
then an MBA. It was while getting my MBA in 1970 that I learned the keys to
fundamental analysis. Since then I have been obsessed with trading and
In the late 1970s I became fascinated with classical technical analysis --
support and resistance, price patterns such as triangles or rectangles --
and studied them all.
I subscribed to chart books by earth mail -- grateful to have them even if
they were two weeks late. In the early 1980s I discovered financial
television. I watched FNN (the forerunner of CNBC) every night and jotted
down the advancing and declining issues, up and down volume, new highs and
lows and many other figures so I could create my own homemade charts and
My S&P 500 chart grew so big I named it "monster chart." It grew to about 10
feet long and 5 feet high. To bring it to my stock market classes took an
entire attaché case. I gave it a trim every so often, but like an octopus,
its tentacles always seemed to grow right back.
God bless whoever created stock market software! In the early 1990s I
started using Metastock and integrated its funny-sounding tools --
stochastics, moving average convergence/divergence, the parabolic stop and
reverse -- into price pattern analysis.
At the same time I began teaching trading seminars at T.D. Waterhouse, which
I did for 15 years. I taught at Mount Royal University for 28 years, eight of
which I taught a stock market course. In 2006, I published my book on how to
use Japanese candlestick charts to trade: 21 Candlesticks Every Trader
Even after all these years, the market still fascinates me. I get up at 7
am, tune into the pre-market S&P futures and log onto my favorite financial
website. Trading is an endless chess match between me and the market -- a game
that the market pays me very well to play!
In each of my weekly Double-Digit Trading newsletters, my aim is twofold.
First, I always give you specific stocks that I believe will make you money
within a few weeks to a few months. In my earlier Swing Trader letter I had
trades that jumped more than +20% in mere days. And second, I share my
technical and fundamental analysis in detail... because I want to teach you
how to increase your batting average when you trade on your own.
Over the years, I've taught thousands of people the basics as well as the
intricate details of technical and fundamental analysis.
In the process, I
have helped make most of them better traders. I sincerely hope to do the
same for you -- and to steer you toward quick, double-digit profits even in
today's manic-market. -- MP
Click Here to
He kept right on trading for his own account -- while at the same time totally
overhauling his trading strategy. He still pores over the charts like a
classic technician but he's added a slew of fundamental tools to his tool
He now incorporates 43 technical and fundamental factors into every trade
before pulling the trigger.
overhaul, Melvin has outperformed the market decisively. For
example, in 2008 -- the worst market in recent history -- he made 18
round-trip trades and posted an overall gain of about +22%. With the S&P 500 down by about -37%
that year, he creamed the index by 59 percentage points.
Like a kid with a new toy, he wants to show it off. I can't blame him. More
importantly, like any life-long educator, this former college professor wants to tell as many people as
possible what he's learned.
Before we hung up, Melvin asked if StreetAuthority would be interested in
starting another newsletter to share his trades again.
My short answer: "Yes, yes, and yes!"
It looks to me like the good doctor hasn't lost a step.
So we're starting a new trading service dedicated 100% to Melvin's
trades: Dr. Melvin Pasternak's Double-Digit Trading.
Melvin's goal is to deliver double-digit gainers week after week. And as a
swing trader, he'll hold his positions for a month or two at most. He won't
hit the nail on the head every time. But his last 20 winners with us before
taking his sabbatical in 2007 were all double-digit gainers.
Where Others See Chicken
Scratch, Melvin Pasternak Sees Profits
Most people look at a stock chart full
of moving averages, volume bars and other lines and squiggles and see a
Jackson Pollock painting. Chicken scratch. Melvin Pasternak sees a battle
between buyers and sellers full of clues to who will win the struggle.
Technicians believe that all of the market's hopes, fears and decisions are
already expressed in this chart. Decode the chart's message and you know
whether a stock will go up or down.
In just seconds he can pick out a support price. That's a point where
buying will emerge to stop a falling stock, at least temporarily. He can
also find resistance -- a point above the current market price where selling
will emerge to create a pause in an uptrend.
Just knowing these two points alone is a huge advantage to any investor.
Think of a stock you own. Wouldn't you love to know the range it will trade
in 85% of the time? Exactly where it will bump its head against a glass
ceiling... and the floor that will support the price if it drops?
It's All In the Chart -- A
Brief Example of a Great Swing Trade
Here is a real-life example of the
enormous profits you can earn swing trading. Melvin traded SIMG for a huge
profit in the real world just as described, and has the trading slips to
This chart of Silicon Image (SIMG) is a perfect illustration of the enormous
profits Melvin has earned by deciphering "chicken scratch." It also shows
the tremendous amount of work he puts into each of his trades before he
pulls the trigger.
The chart is in candlestick form (an essential tool for swing traders), uses
Bollinger bands, and shows the following indicators: rate of change, MACD,
MACD histogram, price relative to the S&P 500, commodity channel index (CCI),
full stochastics and RSI.
If you're unfamiliar with these terms, don't worry. Melvin explains them all
in Double-Digit Trading. They soon become second-nature to his
If it looks like a lot of work, well it is! But that's what we're hiring
Melvin for. If you don't want to get into the nitty gritty, that's fine. In
every issue, he gives you a 10-second "executive summary" so you can execute the trade in a flash.
eight-month period you can see
four profitable swing trades, labeled ST A-D on the chart. Depending on your
specific entry and exit points, all four of these trades yielded gains of
+50% to +100% in as few as 30 trading days.
Trade "A" -- Buy/Long. It all started in the beginning of November,
when Melvin saw a signal that was so powerful it begged to be taken: SIMG broke through $4.63 -- a resistance level that had turned the stock
back twice before.
A Conversation With a
Dr. Melvin Pasternak is a statistical oddity: a short-term stock trader with
a long-term career. He bought his first stock in 1962, and has been trading
almost every day for the past three decades.
The good doctor previously served as our chief trading analyst from 2003 to
2007, where he gained renown for his exceptional performance. He posted a
long string of double-digit gainers, often delivering his gains in just
In a field whose attrition rate makes Marine Corps boot camp look easy,
Melvin has been making money in stocks for 48 years. And for the past 32 of
those years, he has traded constantly. We sat down for a talk with this
stock-market survivor and asked him the secret to his extraordinary
SA: Melvin, trading is a tough business. Most traders don't survive
past their first year. You've been making money trading for 32 years. What's your
If I had to pick one thing I'd say it's knowing how to adapt. If I stuck
to the same methodology I was using in the 1960s I'd be broke by now.
Perhaps it's in my genes, too. My dad spent his career as a trader, so I learned a lot at his knees.
We used to listen to Walter Winchell together, a radio-era Jim Cramer. We
talked stocks at the dinner table, while throwing the ball, all the time.
When I started trading in the ‘6os things weren't much different from my
dad's heyday in the ‘40s. I used to wait by my mailbox for my printed stock
charts -- elated to have them, even if the data was two weeks old. God bless
whoever invented stock market software. I've gone from drawing charts by
hand with a #2 pencil to whipping them out in seconds on a computer.
I'm still discovering new ways to trade. When I ran Swing Trader for StreetAuthority I was a devout chartist. I didn't care if a company was
trying to sell ice to Eskimos -- if its stock chart looked good enough, I'd buy
Now I run all my picks through a gauntlet of fundamental tests before I even
look at their charts.
But some things haven't changed. I still have my own money on the line with
every trade... I still hate losing a dime... and I still love teaching
people how to trade better.
Even more important, Melvin saw that an "inverted head and shoulders
pattern" had formed. His "measuring principle" told him that the new target
for SIMG was now well over $7. He didn't want that plane to leave the
airport without him -- and it didn't.
Let's say you bought at $4.65 and sold at the break of the trendline,
another clear signal that occurred in mid-November. With the stock at $6.95
at that point, you would have pocketed a +49.5% return in 20 trading days.
Trade "B" -- Sell/Short. At point B on the chart, the stock broke through the
upper Bollinger Band. Then it quickly broke down below the first green trendline, a signal of trend reversal and a clue to short.
Trade "C" -- Buy/Long. A bullish signal: In early October, the stock broke a
downtrend line. Even more bullish: it did so after prolonged positive
momentum divergence. A long-legged Doji candle--a major reversal
candle--formed outside the Bollinger band. Volume also had severely
contracted during the decline, meaning few traders wanted to sell -- another
bullish indicator. The stock moved from barely $2 to almost $8 on this
Trade "D" -- Sell/Short. Starting at the end of November, the stock met up
against important resistance. There was also prolonged negative momentum
divergence. Both of these set up another shorting opportunity. Anyone who
acted on this signal made another +50% on the way down.
How much money did traders make moving in and out of SIMG based on the
signals above? Let's be conservative and say they made +50% on each
leg (even though the third trade was up almost 300%). Even so, they made
five times their money in four trades. $10,000 became $50, 000 in about
The Proof Is In the
In his first
stint with us, Dr. Pasternak delivered dozens of quick double-digit gains
for us. Here are 23 of his final trades with StreetAuthority before he took
his sabbatical in 2007...
|Trades Closed for Profit:
|Average Winning Trade:
|Winning Trades Closed for
|Average Days Held:
|Martek Bio. (MATK)
|Atwood Oceanics (ATW)
|FARO Tech. (FARO)
|L-1 Iden. (ID)
|Analog Dev. (ADI)
|Applied Signal (APSG)
|DRS Tech. (DRS)
|Toll Bros (TOL)
||Avg. Days Held
||Avg. Gain on Winners
Double-Digit Gains Quickly Lead to +100% Profits
Q&A With the Doctor, continued...
SA: So tell us about your trading style? Are you a day trader?
God, no. When you take a position for 10 minutes all you're doing is rolling
the dice. Day traders aiming for fast gains may trade 20 times a day. A tiny
few make money, but most just end up making their brokerage firms rich.
I'm a swing trader -- with a twist. I call myself a "Big Swing Trader." A
traditional swing trade typically lasts a few days to a month.
Most of my trades last two to three months. But I don't make the holding
period a noose around my neck. If I'm up 50% in a week, I'll usually take
the money and run.
I once managed to hold a stock (GE) for three years -- a lifetime for me!
But it kills me to see my profits erode, so I'll always be a short-term
trader by nature.
As you can see
above, many of Dr. Pasternak's trades hit his price targets fast, delivering
double-digit returns in just a few days or weeks. He made +23.7% in MIVA in
5 trading days.
it's great to make +23.7% in less than a week, you make the REAL money when
you complete a string of winning trades in a row.
If you can systematically lock in short-term gains of
+10% to +20% ... just as Dr. Pasternak has done so often... and then
put that money immediately back to work... in just a few months you
can double or triple
Let's do the
math. Say you start out with $50,000. You're a good trader, and you make a
+10% return every two weeks. Let's also assume that you reinvest all of your
funds into your next trade.
you're not perfect. No one can win on every trade. So let's assume you lose
-7% on every fifth trade.
one step backward like that, it would take just four months for you to
DOUBLE the size of your portfolio. You can turn your $50,000 to $100,000
between Memorial Day and Columbus Day.
Now look at how easy it is to do this with Dr. Pasternak's trades. Of the 23
trades he made for us above, 20 were up. All 20 of his winners gained at
least +10%, and a few gained as much as +23.6%, +26.8%, even +34.1%!
Consider Avici Systems (AVCI). Dr. Pasternak recommended this networking
equipment giant at $9.61. Just three weeks later, the stock jumped to
$12.89, for a gain of +34.1% in just 15 trading days!
How Dr. Melvin Pasternak's Double-Digit Trading Can Help You
In two ways. First, each week Melvin
Pasternak will pick a stock to trade long or short. He will spell out the
technical trends of the overall market and explains key reversal points in
both the broader averages and the individual stock.
Your Short Cut to
Dr. P's trading rules apply to any
market, bull, bear or flat. When he sees weakness in a stock, he
sells short for profits like these. And why not? After all, a
downside dollar spends as good as an upside one!
|Radio One (ROIA)
|Flamel Tech (FLML)
Here's what StreetAuthority subscribers say about Dr. Pasternak and his
"Well, good Doctor, thanks for two great calls in a row. I made a $1,000
profit on BSTE last week, and cashed in on another $1,000 profit on AVCI
this week. The calls are particularly good in this incredibly difficult
market. Anyone (even me) can make great calls in a raging bull market, but
to make the calls you have been making takes some obvious time and study.
-- S. Scott
Lake May, FL
"I took an informative "Technical Analysis" seminar given by Dr. Pasternak
over two years ago and have been hooked ever since. From a technical
approach, his newsletter is fantastic. It is hard to find anyone with a
technical background equal to Dr. Pasternak's. I look forward to hearing his
views on a weekly basis."
-- B. Mitchell
Cranbrook, British Columbia, Canada
"Outstanding newsletter! Read the 1st letter and reviewed your picks... by
golly you hit them on the head for the most part! The stocks you detailed
performed as you projected! Better than Money magazine! They picked dogs!
-- J. Bassett
York Beach, Maine
"Having read hundreds of financial newsletters on an ongoing basis for over
23 years, I can tell you that StreetAuthority's services are among the best
in the business. I am continually amazed at the broad range of in-depth and
consistently excellent research that you offer to your readers. Keep up the
-- Steven Halpern
Editor, Money Show Digest
Join these happy traders by subscribing to Dr. Melvin
Pasternak's Double-Digit Trading today at a special 50% charter discount.
These are the trades that Dr. Pasternak built his
reputation on. Here is where you get those quick double-digit gains
-- like the 20 winners I showed you above that made an average of
+19% in 60 days.
Some trades won't be a one-shot deal, but a series of
swing trades in and out of a stock over a longer period. That's exactly how
you could have turned $10,000 into $50,000 in eight months trading
in and out of SIMG.
Q&A With the Doctor, continued...
SA: After closing the doors on your previous service,
StreetAuthority Swing Trader, you took an
almost-three-year break from publishing. Now you're back
with Double-Digit Trading. How is your new service
In Swing Trader I was a classic technician. I pored
over charts, candlesticks and indicators like MACD and RSI.
Now I look just as hard at the fundamentals.
First I look for fundamentally strong stocks with some kind
of aberration. I look at earnings growth, cash per share,
price/earnings ratio, PEG ratio, price to sales, price to
book, ROE, low debt, etc, etc. I want stocks that give me a
fundamental edge. For example, I've just found a small-cap
medical stock with a return on equity of 24.6% and a price
to sales ratio of just 0.69. The strong ROE and low price to
sales means the stock may give me a fundamental edge.
At that point, I start a major cram session on the company's
operations. I go to their website, analyze their quarterly
reports, read analysts' research and the S&P and Morningstar
reports. At a certain point, "the penny drops" and I feel
like I truly understand the company.
Unfortunately, good fundamentals aren't enough. I need to
see that the market agrees with my take on the fundamentals.
So I make sure the stock has good technicals: I want it to
be above its trendlines and moving averages, show no
technical divergence such as RSI or MACD divergence and have
positive candlesticks that suggest the trend will continue.
| As you
saw with the SIMG example, you'll get all Melvin's thinking on the trade... why it makes sense
now... plus the specific price you should buy and sell. He doesn't skimp on
the details, because he firmly believes that the more you know the more you
will teach you all he knows about technical analysis. Out of his 48
years of investing, he's spent
40-50 hours a week for the past 32 years absorbed in
charts, indicators and candlesticks. So even if you're already a savvy
trader, I can guarantee that you'll learn something new in Dr. Melvin
Pasternak's Double-Digit Trading.
Your subscription also includes periodic News
Flashes whenever Melvin needs to inform you of important market
events or make a change to his portfolio.
And that's not
all. To help you hone your technical analysis skills, Melvin includes an
educational section on technical analysis in each weekly issue. Here you'll
learn more about drawing trend lines, identifying support/resistance levels,
and many other advanced trading concepts to maximize your profits.
Q&A With the Doctor, continued...
SA: Can't I get advice like this in lots of places?
Not really. Double-Digit Trading is the only
newsletter out there that offers simultaneous in-depth
fundamental and technical analysis.
You'll find plenty of services that focus on one or the
other but none that combine both -- certainly not at the
level I take it to. I call it "techno-fundamentalism."
That is how I am different. Trade with me and you'll be
profiting from both sides of the brain, technical and
It's also a very safe way to trade. When both your
fundamentals and technicals are in synch, it's like wearing
an extra seat belt. Call me paranoid if you want but after
what we saw in 2008, when stocks dropped -50%, -60%, -70%,
I'll take any extra security I can get. Like a reserve
parachute, you hope you never need it, but are awfully happy
to have one when you do.
Melvin uses 43 tools of technical analysis in his own trading. Most
important are the often-overlooked basics -- trends and trendlines, support
and resistance levels, volume analysis. He looks for chart patterns --
rectangles, triangles, inverted heads and shoulders.
He focuses on "gaps," pays meticulous attention to the subtle messages of
candlesticks, and integrates early warning indicators such as the MACD
histogram or stochastics.
As more and more technical tools start to give him the same message, the
more likely he is to be correct... and the more likely he and his
subscribers will be rewarded with a trading profit.
I know it sounds like a lot of work -- and it is. But that's why so many
traders rely on Melvin to do the heavy lifting for them. You may not have
the time to spend 40 to 50 hours a week looking for a good trade... but he
The beauty of his service is that it's so easy to use. He sends his
trades straight to your email inbox. You can dig into the reams of analysis
that he gives you for every trade... learning at the side of a master
trader... or you can make the trade in 30 seconds and just kick back and
profit from his 32 years in the trenches.
Join Double-Digit Trading
Now and Look at What Else You Get...
Dr. Melvin Pasternak's Double-Digit Trading newsletter today and we'll also send
you a five-part trading course plus three special reports-- a $995 value --
at no extra charge. You'll get them all as soon as you register. Note:
reports and courses are yours to keep even if you cancel your subscription
for a 100% refund.
Swing Trading Done Right...
The Secrets to Putting the Odds in Your Favor.
Look in any major bookstore and you'll find several hundred
investment books. But if you want help with technical analysis
you'll find just a handful. And they tend to be disappointingly
vague. No wonder traders are so often uncertain how to use this
powerful trading tool.
Well that all changes now. This five-part trading course teaches you
99% of what you need to know about technical analysis: how to plot
stock charts, draw trendlines, define support and resistance levels
and use Japanese candlesticks to max out your profits. You'll also
learn how to use multiple trading indicators to significantly
improve your trading odds.
It is actually five separate reports, and at about 10-12 pages each,
you've got 55 pages of investing wisdom distilled over a lifetime
of daily trading. Let's take a look:
1) An Introduction to Technical Analysis and Swing Trading
Technical analysis isn't perfect... or every librarian would be a
millionaire. But I can guarantee you this: the better you are at
technical analysis, the more money you will make as a trader.
Here Dr. Pasternak shows you how and when he uses his 43 technical
charting tools. He starts out with basic trendlines and volume analysis.
Then he takes you into chart patterns like rectangles and triangles...
how to play the "gaps"... the subtle messages of candlesticks... and
early-warning indicators like stochastics, which give you invaluable
clues about when to enter and exit a trade.
2) The Power of Trendlines
This report traces its roots to "The Power of Trendlines" seminar Dr. Pasternak taught for 15 years at TD
Waterhouse. In just one hour he left investors with a concept that
improved their trading forever.
Recognizing the trend of the stock is the most basic key to
Using trendlines is as basic as labeling peaks and valleys to
determine if a stock is in an uptrend or a downtrend. It's also as
complicated as you want it to be.
In this report you'll find a few simple rules to follow when drawing trendlines. Dr. Pasternak uses these rules every time he draws a
trendline on a chart... and they are vital for keeping him on
the right side of a trade.
3) A Swing Trader's Support and Resistance Secrets
Unbeknownst to the mass of investors, stocks repeatedly trade in
ranges and channels... bouncing from support to resistance and back
Think of these points as hidden speed bumps on a stock's journey
higher and lower. Knowing where these two points lie is a huge advantage to
any investor. Think of a stock you own. Wouldn't you love to know
exactly where it will bump its head against a glass ceiling... and
the floor that will support the price if it drops? In this report,
you'll finally have the tools to determine this for yourself.
4) Swing Trading by Candlelight
Why do the world's leading market technicians swear by Japanese
candlestick charts? In this report, you'll get the answer: Because
candlestick charts have three major advantages over bar charts...
||Candlestick charts are more
immediate than bar charts. They graphically show the balance
between supply and demand. It is easier to see what has happened
over a specific period -- be it a day, a week, an hour or one
minute. This way, you can spend your energy on analysis -- not on figuring out what
happened with the price.
||With candles you can
spot trends more quickly by seeing whether the candles are clear or colored.
The candle makes it easier to spot "large range" days. A large
candlestick suggests something dramatic happened on that trading
day. A small range day suggests there may be relative consensus
on the share price.
||Most importantly, candles are vital for
spotting reversals. These reversals are usually short term
--precisely the kind the swing trader is looking for.
5) The 11 Commandments of Swing Trading
There are 11 rules of thumb that Melvin Pasternak has distilled from
a lifetime of trading. Here's a sample...
1. Always align your trade with the direction of the market.
Even a strong stock will usually flounder in a weak market... so you
should always determine the market's primary and intermediate trends
before you pick any stocks.
2. Always trade in harmony with the trend one time frame above the
one you are trading.
Sure, we've all heard the cliché "the trend is your friend." But
what trend do they mean? Make sure you use moving averages to tune
into all trends, short-, medium- and long-term.
3. Always apply the rule of "multiple indicators."
Never trade on
any single technical tool. Your most profitable trades will be when
multiple technical tools send the same signal. Candlesticks, volume,
moving averages, and indicators such as stochastics and MACD
occasionally all align to communicate the same message -- the stock is
about to sharply rise or fall...
...and 8 more priceless trading commandments from Melvin Pasternak's 32
years in the trading trenches.
Extra Bonus! Subscribe for Two Years and
Get 3 More Reports from Dr. Pasternak
||The Trading Technique That Always
Keeps You on the Right Side of the Market
In this special report Dr. Pasternak introduces you to one of the
most valuable trading tools he's learned in more than three decades
of technical analysis -- "four-stage analysis." Few traders
know of this unique concept, and even fewer are putting it into
practice. This omission has cost many
traders loads of money. Once you add this technique to your trading,
you'll never make this common mistake again.
||Profiting from Gaps: Quick Moves for
In this in-depth trading lesson, Dr. Pasternak clarifies how
traders should react to gaps. First, he compares and contrasts the
"common" gap with the "breakaway" gap. He also reviews "runaway"
gaps and "exhaustion" gaps and explores the Japanese perspective on
gaps in greater detail. Finally, he teaches you a number of key
swing trading principles that combine both Western and Eastern gap
||MACD: My Desert Island Indicator
If Dr. Pasternak had to choose only one indicator that he could take
to a desert island it would be this one: Moving Average
Convergence/Divergence. In this in-depth report, you'll see how to
use MACD and how to combine weekly and daily MACD trading signals.
You'll also see how to use momentum divergence and the MACD
histogram to fine-tune your basic MACD analysis.
Q&A With the Doctor, continued...
SA: So what sort of stocks do
you like to trade?
MP: Actively traded large-cap stocks. They tend to swing
between broadly defined highs and lows. We can ride the wave
in one direction for a couple of days or weeks and switch to
the opposite side of the trade when the stock reverses
In stocks like these, you can also make good money even when stocks go nowhere.
When the market meanders a couple of months in a trading
range, we'll have plenty of opportunities to catch
short-term movements up and down.
$397 Per Year...
For a limited time you can register for
Dr. Melvin Pasternak's Double-Digit
Trading for only $397 per year. Our discount charter rate is
a full 50% off our regular non-charter rate of $794.
This low charter rate will only be available for a limited time.
Q&A With the Doctor, continued...
SA: On top of running a
trading service, you've taught investing at college for many
years. Do you consider yourself primarily a teacher or an
MP: That's a tough one. I love doing both, and I always try
to educate while I give my picks. I never just say "Buy IBM
below $129.50 by next Thursday." Not only is that lazy
thinking, but I've discovered that people rarely act on your
advice when you give them such skimpy details.
Every time I make a recommendation I go into great detail
why. Not every subscriber reads every word, but they like to
know it's there if they want it. I also include a separate
educational section on how to be a better trader in every
Once you see get a few issues of Double-Digit Trading, I think you'll
understand what his fans already know -- that access to his trading ideas is
worth much more than the annual subscription fee. And now that you've seen
for yourself the steady double-digit gains that Dr. Pasternak has racked
up for his subscribers month after month, what else do you need to come
This Special Discount Won't
We've extended this special $397 offer of
Dr. Melvin Pasternak's Double-Digit Trading.
This could be your last chance to lock in this discount.
want to trade alongside a master who has been making money in the market
since 1962, then now is your chance.
Melvin's typical subscriber earns more than their subscription price with
their first winning trade. After one winning trade, it's like Melvin's
paying you to subscribe.
No matter what happens, you can be my free guest to Melvin's service for a
two-month trial period. Please try it for the first 60 days at my risk.
If it's not for you, fair enough. Just cancel and get
your entire subscription fee back -- every single penny.
By stringing together a series of quick double-digit trading profits, 2010
can easily be your most profitable year ever. And Dr. Melvin Pasternak is
just the man to do it for you!
Melvin's next issue comes out on Sunday. Get your order
Q&A With the Doctor, continued...
SA: So what do you want your
new Double-Digit Trading letter to do for
MP: The trader's trifecta: make them money, save them time
and make their life easier.
It takes a lot of time to trade as carefully as I do. I
spend 40 to 50 hours a week looking through 150 stocks to
find a single good trade. I think
$397 per year is a
pretty good deal to have a 48-year market veteran working
full time for you.
Not many traders have the knowledge to analyze the market at the depth I do -- technically or fundamentally.
In Double-Digit Trading I uncover stocks they would never
find on their own. I'm shooting for a high batting average
with a lot of +10% to +50% gainers.
I don't get it right every time, but I often go on trading
runs where I rack up a lot of double-digit gainers in a
P.S. More about our 60-day no-risk, zero-hassle guarantee...
Because I'm so sure that once you try Dr. Melvin Pasternak's Double-Digit
Trading you'll become a subscriber for the long haul, I'd like you to try it
for the first 60 days at my risk.
During this trial period, if you find the service is
not for you, just cancel your subscription and get your entire fee back --
every single penny.
After the first 60 days you can still cancel whenever you like and we'll
send you a pro-rated refund right away.
So go ahead and evaluate Dr. Melvin Pasternak's Double-Digit Trading
newsletter without risk. See for yourself how easy it is to profit from Dr.
Pasternak's guidance. Follow the button below to begin your subscription
today! Thanks to our 60-day money-back guarantee, you can only win, not lose.