Monday, December 24, 2007

Friday - Prosperity for God's People / SFEG Santa Fe Gold Raises $13.5m

(SFEG)(FCX)(GG)(NEM)(GFI)

Santa Fe Gold Raises $13.5 Million for Construction of Summit Silver-Gold Mine
Business Wire Fri, Dec 21

ALBUQUERQUE, N.M.--BUSINESS WIRE--Santa Fe Gold Corp SFEG - News, a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, announced that it has entered into definitive agreements regarding the private placement of senior secured convertible debentures and common stock purchase warrants to a single investor for an aggregate purchase price of $13,500,000. The net proceeds will be used primarily for development of the Summit Silver-Gold Mine, located in New Mexico. The debentures and warrants will be issued in accordance with a pre-determined funding schedule corresponding to the project’s anticipated construction requirements during 2008.
(more)

Thursday - Prosperity for God's People

Friday, December 07, 2007

Tuesday, December 04, 2007

Nettel Holdings Update - SingMee.com

(NTTL)(NAPS)(AAPL)(RNWK)(VZ)

Talking Technologies Releases Music by Phone, SingMee.com
Marketwire Mon 10:09am

SingMee.com Is a Revolutionary New Way to Send a Song, Listen to Your Music Collection, Favorite Radio Station, or Listen to a Live News Broadcast Using ANY TELEPHONE From Anywhere in the World

Send a Song Now...... It's FREE!
http://singmee.com/

Nettel Holdings Update - Talking Technologies

(NTTL)(CHL)(VOD)(AMX)(DT)

Talking Technologies Received Overwhelming Response to the Value-Added Reseller (VAR) and Original Equipment Manufacturers (OEM) Partner Program
Marketwire Thu, Nov 29

Tuesday - Prosperity for God's People

(QQQQ)(SPY)(DJIA)(SPX)

Monday - Prosperity for God's People

(QQQQ)(SPY)(DJIA)(SPX)

Sunday, December 02, 2007

Turn the Internet into a Paycheck with No Investment! Our second interview with Ginny Dye CEO of CFRNPowermall.com

(BBY)(SBUX)(TGT)(HD)

Change the World.
Create Financial Freedom for Yourself.
No Soap, No Vitamins, No MLM, NO INVESTMENT!

We GIVE you everything you need to succeed.

Your hopes and dreams may only be 1 click away.............
To Click / Or not to Click.............?

Can you afford not to click and listen to a 3 minute video that might change your life forever?

The decision is yours - http://cfrnpowermall.com/

I pray you click! (not for me, but for you)

Blessings
CT

Friday - Prosperity for Gods People

Thursday - Prosperity for God's People

Wednesday - Prosperity for God's People

Tuesday - Prosperity for God's People

Monday, November 26, 2007

Banned FromTradestation and Esignal - Meet Master Trader Avery Horton aka "The Rumpled One"

(AAPL)(GOOG)




TRO has written some of the most innovative and effective trading indicators found on the net. Better yet, he gives them away....... for FREE! Why? Because he can.


When questioned his reply is as fascinating as the indicators he codes,
"If I need money, I trade. I like to help people".

Listen to today's interview and pay him a visit at http://www.kreslik.com/

You can also join him during the trading day on PalTalk in the 2% Club. (yep, that's free too)

Monday - Prosperity for God's People

(SPX)(QQQQ)(SPY)(DJIA)(DJI)

Tuesday, November 20, 2007

Monday, November 19, 2007

Friday, November 16, 2007

OverStock.com Is Now The Home Based Business Opportunity You've Always Dreamed Of

(OSTK)




You already admire my friend and frequent guest Overstock CEO Patrick Byrne. You own stock in his company. Now you can share directly in the profits generated by Overstock.com without even being a shareholder.

Do you need extra income?
Do you need full-time income?
Are you tired of looking for a legitimate work from home business opportunity?

The Search Is Over!

Your internet business can be up and running in 15 minutes with Zero Start-Up Cost!
That's right - ZERO!

Nothing's free right?
Right!

You must first invest a few minutes, watch the video, and allow Ginny to explain how Overstock and 1,000 other online retailers are standing by, ready able and willing, to help you create unlimited income for yourself or your ministry.

If you're not willing to invest 15 minutes and zero dollars to tap into over $250 billion a year in online spending, then stop dreaming and get a second job at Mickey D's or Wal-Mart. The decision is yours.............

WARNING - You will not get rich overnight.
WARNING - This is a legitimate business opportunity with ZERO start up costs.
WARNING - You have been warned!

CLICK HERE TO WATCH THE VIDEO THAT COULD POSSIBLY CHANGE YOUR LIFE!

Thursday, November 15, 2007

Best Buy, AT&T, Ralph Lauren, Starbucks and other online retailers partner with CFRN to support New Hope Orphanage and School via CFRNPowerMall.com

(T)(BBY)(RL)(SBUX)

Interview with My PowerMall Founder - Ginny Dye

Create Never-Ending Income for your NPO, School, Organization or Association without EVER asking for another penny!

There is not an Organization in the world that does not need, or could not benefit from, more money. Everything you do requires money and there never seems to be enough. You have an ongoing parade of fundraisers or you are constantly asking for money from your supporters. I should know - I've done both. After years of trying to generate money I decided there had to be an easier way, took note of the explosion of Online Shopping, and knew I had found the answer!

Together We Can Change The World, Inc., was created with one goal - to generate millions for the organizations making a difference in our world. MY POWER MALL, launched in March of 2007, is a FREE tool you can use to generate massive, on-going funding! Our vision was to create a company that would allow your supporters to pour revenue into your organization without their giving any additional money. We decided to make this our gift to the world, investing close to a half million dollars in money and time to make it a reality - then giving it away for FREE.

We are a company...
COMMITTED TO CHANGING THE WAY FUNDRAISING IS DONE!

You may be familiar with fundraising malls. But we are different. One of our primary goals is to be different from every other Mall out there. While there are some great Malls, our commitment is to excellence in every area. Our goal is to raise MILLIONS for organizations. We can only achieve that by doing everything a "little bit better".

We have more stores than any other Mall - over 1000!

Our goal is, if it can be bought, it can be bought on MY POWER MALL. We are committed to providing a vast variety of stores and products - with each merchant meeting a strict set of criteria to ensure shopping satisfaction.

There are hundreds of name brand stores, as well as hundreds of lesser known stores that pay higher commissions.

We offer your Supporters the same FREE Mall, enabling them to create their own income - while also creating income for your Organization! Every time they make a purchase you make money!

While your organization is making money - the people on your staff can also be generating income that will allow them to continue working to make a difference in the world.

Exciting Daily & Weekly e-mails promote purchasing. It's not enough to build a great Mall. It's equally important to give you and your supporters a reason to visit us. That's where our exciting weekly newsletters, customized store specials e-mails and all our FREE gifts come in.

This is not MLM or Affiliate Marketing - it is a completely unique marketing system that will ALWAYS be FREE!
You will never have to sell anything, nor carry any inventory.
There are no crazy qualifying games to receive your income.
All Tools are completely FREE. We give you everything you need to succeed!
A back office Administration area allows you to keep track of everything going on in your business.

We teach you how to deal with UnRelated Business Income Taxes. It's really very simple.
MY POWER MALL'S mission is to change the way fundraising is done.
Our goal is that no one will buy anything or use a service without benefiting a cause they believe in! We are already helping thousands of organizations. Please visit the Home Page of the CFRN PowerMall and watch the entire Business Mall Presentation and let me show you how we can help you as well!

Ginny Dye
CEO/Founder
My Power Mall
Together We Can Change The World, Inc.

Thursday - Prosperity for God's People / Why Traders Fail

($SPX)(QQQQ)(SPY)(DIA)(DJIA)

Trading is simple right? After all, every trade has only 2 possible outcomes -
Prices will rise or Prices will fall, right?

Today we discuss why 95% of Trader's fail.
It may be simple but it sure ain't easy.

Wednesday, November 14, 2007

Monday, November 12, 2007

CT's Swing Trades for Tuesday Nov 12th 2007

(HRB)(QLGC)(HPC)(SWC)(SDTH)

As you know, I am fully invested in only 4 carefully chosen companies -
SFEG
NTTL
HSXI
GNXE
These are what I refer to as my legacy builders.

Intra-day I trade the S&P Emini for fun and profit. Prior to becoming a CFRN disc jockey, I was an intra-day stock jockey. Many members of my original audience still swing trade and day trade equities, so by popular request... I will once again begin sharing with you from time to time stocks that are presenting a technical picture worthy of a short term trade.

HRB - Buy @ 19.68 - 20.00 / Target 21.00 - 22.00 / Stop Loss 18.75

QLGC - Buy @ 13.50 / Target 15.50 / Stop Loss 12.80

HPC - Buy @ 18.00 / Target 21.00 / Stop Loss 17.75

SWC - Buy @ 9.80 / Target 11.20 / Stop Loss 9.30

SDTH - Sell @ 7.00 / Target 5.00 / Stop Loss 8.00

Of course Trading is Risky and you can Lose All Your Money.

So..............

Pray Hard and Trade Safe

Blessings
CT

Tuesday, November 06, 2007

SFEG - Santa Fe Gold Corp CEO Presentation at Orlando Red Chip Conference

(BHP)(BBL)(SFEG)(FCX)(NEM)

Discover Florida Small-Cap Companies At the Upcoming RedChip Orlando Investor Conference

This PodCast is only the audio of the presentation given by Dr. Carson. To view the presentation go to http://www.redchip.com/

Once again we see our man of integrity, standing before the "big money", refusing to blow smoke up anyone's chimney.
Quite frankly he doesn't need to, because..........
We got the goods.

He is the CEO of the most undervalued gold-play on planet earth and he knows it. In his calm, understated, matter of fact way, he lays out who we are, what we have, and where we're going. With a market cap of only $38m and proven in-ground reserves of $2b plus at today's gold and silver prices.................... I'll let you do the math.

$2b divided by 75m shares = how much?
(don't forget to multiply that number 50 X earnings to get the correct answer)

If you're not good at math, the equation above explains how to turn $1m into $5m while we still have a Republican in the White House.

Bottom line - You have to be in to win.

Blessings
CT

Nettel Holdings Update w/ Mike Russo - Send An Email or Fax By Speaking Into Your Telephone

(NTTL)(CHL)(VOD)(AMX)(DT)

Talking Technologies Releases the Ultimate Breakthrough in Speech-to-Speech Applications, Virtual Dictation
Marketwire Tue 9:50am

Whether You Are on a Beach, Fishing, Mountain Climbing, Lost in Another Country, or Simply Stuck in Traffic, You Can Now Send and Receive Email, Faxes and SMS Just by Speaking Into Any Regular Telephone

"Virtual Dictation" makes use of phones that are available just about everywhere in the world, are always on, and don't have to be BOOTED UP.

A free trial of "Virtual Dictation" is now immediately available for everyone all over the world. To experience some of the unique capabilities of the Virtual Dictation software, go to http://www.virtualdictation.net/.

"Virtual Dictation" can process voice dictation in real-time from over 7 languages including: Chinese, English, French, German, Italian, Japanese, Portuguese, and Spanish.

In addition, you can have the text generated from your voice, automatically converted into over 25 different languages.
Here are some of the additional optional features available with the "Virtual Dictation" account full version:

-- The Virtual Interpreter -- communicates with others in real time even though they do not share a common language.
-- Listen to incoming faxes from your EFAX account or other fax messaging provider.
-- Check incoming voicemail messages from any carrier you currently use, like Sprint, Verizon, Vonage or Packet 8 account.
-- Make international long distance call -- using your virtual dictation account, at very low rates.
-- Advanced and reverse Directory Assistance by entering the name, phone number, or addresses.
-- Check multiple stock quotes in real time or 15 min delay -- You can even program your Virtual Dictation account to notify you if the Bid or Ask price reaches certain level. Level 2 also available.
-- Stuck in a meeting without a tape recorder? -- You can even use your virtual dictation account to record important conversation or meeting to be replayed back at a later time by logging into your account online.
-- Check the security of your home or office -- using "Virtual Dictation," you can access your home or office pc and by listening to the sounds received from the pc microphone. You can also speak into your phone and have your voice be heard over the PC speaker.
-- Using the webcam from the pc, "Virtual Dictation" can also notify you if there are any intruders.
-- Locate your lost computer -- it also allows you to remotely retrieve and delete important files.
-- Check shipping prices from different carriers.
-- Currency conversion.
-- Built in international Yellow Pages -- Yellow Pages, including more than 190 categories (food, entertainment, healthcare services, professional services, retail, restaurant, etc.).
-- Virtual GPS -- by entering your current location and the address and zip code of where you want to go (restaurant, residential home), "Virtual Dictation" will verbally guide you to your destination.
-- Listen to the News including national business, finance, sports, or
weather.
-- Check on the history of a vehicle by entering the VIN number.
-- And many other features.

Please visit http://www.virtualdictation.net/ to view all of the features that are available.

Talking Technologies' global products meet every translation challenge on every level.

"Virtual Dictation" makes use of phones that are available just about everywhere in the world, are always on, and don't have to be booted up. It is an essential tool for people from all walks of life, including businessmen, students, educators, writers, lawyers, law enforcement, hospitals, retail stores, travel agencies, governmental organizations, and all military personnel stationed in a foreign country.

For more information on Global Instant Translator, please visit http://www.talkingtechnologies.com/.

Tuesday - Prosperity for God's People

(SPX)(DJIA)(QQQQ)(SPY)(DIA)

Saturday, November 03, 2007

eProfits Radio w/ Fund Manager Baird Montgomery

(FCX)(GG)(NEM)(SFEG)(ABX)

SFEG - Santa Fe Gold Corp funded @ $1.25 per share prior to presenting at RedChip Conference

Discover Florida Small-Cap Companies At the Upcoming RedChip Orlando Investor Conference
PrimeNewswire Thu, Nov 1

Santa Fe Gold Raises $450,000 in Private Offering and Receives Commitment for Additional $3.5 Million
Business Wire Wed, Oct 31

Thursday, November 01, 2007

No Regular Show Friday November 2nd 2007

If all goes well I will be live @ 2:30 Eastern with Fund Manager Baird Montgomery.

Otherwise, see ya Monday.

Blessings
CT

Nettel Holdings Update w/ Mike Russo

(CHL)(VOD)(AMX)(DT)(NTTL)

Talking Technologies Launches Two More Key Products -- Listen to Your Fax and Read Your Voicemail
Marketwire (Wed 9:36am)

Thursday, October 25, 2007

30 Minutes / 3 Points / 60% Return - Live Emini Trading Session with Matt Reynolds of DCZoneTrading.com

(QQQQ)(SPY)(DJIA)(DIA)(MSFT)

Today we took 3 points in 30 minutes on the Russell Emini.
1 point = 20% return
3 points = 60% return

Join us everday at 3:00 PM Eastern for 1 hour of live trading with the founder of http://dczonetrading.com/ .

Use the following link to view Matt's charts as we trade the Russell E-Mini Live in Real Time!http://relay5.ezpeer.net/im-live/DCT.htm?-rm=DCTrading

Tune in at 3pm Eastern and I will give you the password on-air.

It doesn't get much better than this. Tune in, log in, take a point out of the market, Every-Day!

1 point on the Russell is a 20% return. Tune in 5 days a week, take a point each day, and your trading account can DOUBLE every week. Don't believe me? Tune in, log in and give it a try.................

I will give you the password each day on-air.

Just click the link above and enter the password when I give it out.

We are the station that "Pays you to Listen"!

Nettel Holdings Update w/ Mike Russo - Live On-Air Demonstration of the Global Instant Translator - It Works!

(NTTL)(S)(CHU)(CHL)(AT)

Virtual Interpeter Goes on Sale Tomorrow!

Nettel Holdings Reports on the Wealth Expo Trade Show Success
Marketwire Wed 9:41am

Wednesday, October 24, 2007

Live Trading Session with Matt Reynolds of DCZoneTrading.com

(QQQQ)(SPY)(DJIA)(DIA)(GOOG)

Join us everday at 3:00 PM Eastern for 1 hour of live trading with the founder of http://dczonetrading.com/ .

Use the following link to view Matt's charts as we trade the Russell E-Mini Live in Real Time!
http://relay5.ezpeer.net/im-live/DCT.htm?-rm=DCTrading

Tune in at 3pm Eastern and I will give you the password on-air. It doesn't get much better than this. Tune in, log in, take a point out of the market, Every-Day!

1 point on the Russell is a 20% return. Tune in 5 days a week, take a point each day, and your trading account can DOUBLE every week. Don't believe me? Tune in, log in and give it a try.................

I will give you the password each day on-air. Just click the link above and enter the password when I give it out.

We are the station that "Pays you to Listen"!

Black Monday Revisited / Greg Hartenbower Former Floor Trader Recounts His Black Monday Experience

($SPX)(DJIA)(QQQQ)(SPY)(DIA)

Where were you on Black Monday?

Tuesday, October 23, 2007

Interview with Matthew Crouch CEO / Generation Entertainment - GNXE

(LGF)(DWA)(DIS)(SNE)(RGC)

New Webcast Interview with Gener8Xion Entertainment Chairman and CEO Matthew Crouch Now Available at TheGreenBaron.com and to be Streamed Today on Radio

LOS ANGELES, Oct. 23 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc. GNXE - News, a fully integrated family/faith-based entertainment company, announces that a new audio-taped webcast interview with Chairman and CEO Matthew Crouch is now available for listening on the WEBCASTS page at http://www.thegreenbaron.com/. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/Join.htm. This extremely informational interview is nearly one hour long.

The Christian Financial Radio Network (http://www.cfrn.net/) plans to stream the interview on its live show at 11:00 am PST. A podcast version will be available for download on CFRN.net and made available to over 500 CFRN affiliate financial websites beginning at 4:00 pm PST.

Gener8Xion Entertainment, Inc. was also recently selected by The Green Baron Report as its October 2007 Focus Stock Pick due in part to positive early reviews of "Noelle," its proven management team, future projects, and current price. A new pick profile was released Wednesday, October 17 to its members and can be viewed at its website at TheGreenBaron.com by clicking on "Report Archives" and then on the report with New Stock Pick GNXE. The webcast for GNXE will be available as well at http://www.strictlystocks.com/, "Where Wall Street speaks to the World."

About Gener8Xion

Gener8Xion Entertainment, Inc. http://www.8x.com%20is/ engaged in the development, acquisition, financing, production, and worldwide licensing of feature films and television projects in the family/faith-based genre. In addition the Company manufactures and sells high quality production lighting equipment through its Cinemills http://www.cinemills.com/ division which has exclusive US distribution rights to some new innovative products.

Nettel Holdings Update w/ Mike Russo

(NTTL)(S)(CHU)(CHL)(AT)

Talking Technologies Announces the Completion of 4 Key Software Products That Revolutionize the Way We Communicate in Foreign Languages
Marketwire (Fri, Oct 19)

Tuesday - Prosperity for God's People

(QQQQ)(SPY)(DJIA)($SPX)(DIA)

Thursday, October 18, 2007

5 Year Old Trader Outperforms Market Veterans

($SPX)(QQQQ)(SPY)(DIA)(DAX)

5 Year Old Trader Outperforms Market Veterans

Fluke?
Luck?
Child Prodigy?

How about all/none of the above. My son is not aware of "bearish news". He doesn't even understand what "bullish news" is. He is just learning to add and subtract so I highly doubt he understands the mathematical equation behind a MACD or RSI indicator.

So what's my point? Glad you asked!

He can only understand the chart. It goes up.........It goes down. After a number of green candles he says "Daddy, daddy, red candles now". After a series of those red candles guess what he says, "Daddy, daddy, it's time to go up now".
Simple?
Silly?
Foolish?

YEP! All of the above.

If you are one of the 95% of traders whose equity curve looks like a ski-slope in Dubai, you need to take a lesson from a 5 year old, or perhaps a lesson from my good friend Mike Reed.

Mike Reed is The Trade Stalker!

I was lucky enough to be one of two people who received an advance copy of
"Read the Greed - Live"

What's my take on it? You need it. Period!
But there is a problem. Mike is only offering 200 courses. That's all.
Again, I was blessed to be one of 2 people who recieved an advance copy. That means there were only 198 available this afternoon at 4pm when they went on sale. Guess what? Julie can't process the orders fast enough. Will there be even 1 copy left this time tomorrow?

Maybe......
Maybe Not!

Friends, you know I don't pitch Stuff. Never, never, ever!

And I'm not going to pitch Mike's course. There is much snake oil in the marketplace and plenty of salesmen to sell it to you. Mike will sell out without me so much as lifting a finger. I am writing this for the listeners of CFRN and the readers of my blog. If you believe that God has called you to be a trader, you can spend years and hundreds of thousands of dollars answering the call, or you can drop a grand today and jump to the head of the line.

Is this the Holy Grail? Nope!
Is it a slick indicator that will get you in and get you out at the perfect time every time? Nope!
Will it teach you how to become a Trader? YES!
Will it teach you how to win? YES!
Will it teach you how to lose with grace and possibly a profit? YES!
Is it worth the price? YES X 10!
Is there a money back guarantee? YES! (nobody offers that)

Here's the bottom line friends..........
You see the opportunity
You see the possibility
But you just can't seem to bring it all together. Right?

When I decided to become a trader I had a very nice nest egg.
I called my broker and said "I want to trade full-time. Who can I hire to teach me?"
His answer? "Nobody!"
Huh?
"Nobody in their right mind will ever teach you their secrets for making money in the market"
What he meant was, "Nobody will ever tell you how They Really Do It".
Sure, they'll sell you a little snake oil but that's about it.
Bummer................

So I set out to teach myself. By the time I had lost most of the nest egg I met Mike and my other daily guests on CFRN. My broker was wrong. There are some people who really want to help other traders succeed. (no snake oil included)

So guess what? At this point I just want to "Pay it Forward". How much money will I make if you buy Mike's course? (if there are any left?)

ZERO
ZIP
NADA

Now it's not because Mike won't pay me a commish. It's because I won't accept a commish. Why? Because of you my dear friend. I want you to always have at least one voice of integrity in the marketplace. I've been where you are, head spinning, not knowing who to trust and the one man I did trust said "You can't trust anybody".

Well I'm here to tell you that you can trust Mike Reed.
Not only can you trust him, you can learn How to Trade.
If you learn how to trade, you can control your financial destiny.

Buying the next "Hot Indicator" or subscribing to the "Buy here Sell now" guy might make you money for a day (or not). Wouldn't you rather BE the guy/gal who can say Buy Here / Sell Now , without having to ask or trust someone else with your financial future? Then "Read the Greed - Live" is for you. It will teach you HOW TO TRADE!

Do you want to learn how to trade any market, in any time frame, from anywhere on planet earth? Then you need "Read the Greed - Live"

As always,
Pray Hard and Trade Safe!
Blessings
CT

Wednesday, October 17, 2007

Tuesday, October 16, 2007

CFRN Partners with TBN and Gener8xion Entertainment GNXE

(DIS)(CBS)(NWS)(TWX)(GNXE)













CFRN Partners with TBN and Gener8xion Entertainment (GNXE) to alert the family, friends and supporters of Trinity Broadcast Network that a true Christian Disney is on the horizon.

As most of you know I had lunch with Matt Crouch last week. It is no secret to my listeners that I have been conducting due dilligence on GNXE for the last month. Guess what? I'm done!


What does that mean? I'M IN!


If there were ever an entity that aligned with the ministry, values, hopes, and dreams of CFRN, TBN fits the bill. In fact, my wife and I have been faithful supporters of TBN for the last 10 years. Yes, our tithes go into our local storehouse (our Church), but the Bible speaks of tithes and offerings, and TBN has been a part of our "offerings" for almost as long as we have been serving God. Again, anyone who listens to my show on a regular basis already knows that I've not always been a choir boy. I am quite simply, a sinner saved by Grace - Period!


The opportunity to invest in the dream of Paul and Jan Crouch's son is simply an honor.

I will be interviewing the CEO of GNXE, Matt Crouch in the coming weeks on CFRN, I will also interview Carlos De Matos, president of the company. Carlos has an extensive and stunning background in Hollywood that will simply amaze you.

Stay tuned................

In the meantime, visit http://www.8x.com/ and understand the future of Family Entertainment http://www.dove.org/research/DoveFoundationROI-Study2005.pdf
Blessings
CT

CT does not accept cash, stock, warrants, or the promise thereof,
to profile or promote any company.
He works for YOU, the Christian Investor
.

Sunday, October 14, 2007

Top Gold Play - SFEG Santa Fe Gold Corp Poised to Double

(XAU)(APM)(SFEG)(FKLR)(DKGR)

Friday's Top 3 Gold Gainers
FKLR.OB
40.0%
DKGR.PK
33.3%
SFEG.OB
30.0%

Santa Fe Gold Corp Poised to Double
CTWire - Phoenix AZ October 14, 2007 8:45 PST

On Friday Oct 12th, Santa Fe Gold Corp SFEG, rose 30% on just 102,000 shares. It would appear that the overhang from the previous financing has seen its last share sold. If so, the following math will bear fruit.
102,000 shares = 12 cent gain (.12) proven
1,000,000 shares = ($1.00 gain) probable

Quite simply, it appears the bankers who were selling shares into the market are now out of shares.

Santa Fe Gold Elects to Repay Remaining $1.0 Million of Convertible Notes in Cash Rather Than in Stock
Business Wire (Wed, Sep 12)

Therefore, given Friday's trading activity, SFEG has the ability to rise 10 cents for every 100,000 shares of buying. We know that SFEG is is very closely held. We know there are now very few available shares in the public float. We know that Yahoo Finance shows current year revenue projections of $7.20m which is an increase of 44,900% over last year. What does Yahoo know that we don't?

NOTHING!

We have clearly stated for many months that SFEG formerly AZMN is the most undervalued asset on planet earth. Tonight we reiterate our position. At .52, the ability of SFEG to leap to $5.20 (10 bagger) would only validate current proven in-ground reserves. A share price of $5.20 would not even reflect the multiples that most Gold and Silver companies trade at. In fact, at $5.20 a share we would still consider SFEG to be an incredibly undervalued opportunity to leverage a legacy in the yet to come Gold and Silver boom.

Although we have quoted Yahoo Finance in this release, we heartily disagree with their 1 year price projection. Based on the above mathematical formula, it would only require that 2.5m shares be bought over the next year to reach Yahoo's projected 1 yr. price target of $3.00. In fact it would only require that 4.5m shares be bought to reach our target of $5.20. However, both of our formulas fall apart once $5.00 is breached.

Why?
No matter how valuable your broker views SFEG today, he CAN NOT tell you about it. Why? Because it is trading below $5.00. Even though your broker has the ability to buy all the shares he can today, by SEC rules he can not clue you in until the share price rises above $5.00. Until a stock rises above $5.00 major brokers such as Goldman Sachs, Merrill Lynch etc... by definition, consider them to be penny stocks. In other words, they can load up, but you can't. Is it any wonder that GS chopped up $13 Billion in Christmas bonuses last year and YOU DIDN'T?

Dilemma
Do you wait for Gold to reach $1,000.00 oz? Do you wait for your broker to call? Or do you take control of your financial destiny today? It's truly up to you.

At .52 a 10 bagger means a share price of $5.20 ($10k becomes $1m)
At $5.20 a 10 bagger means a share price of $52.00 ($10k becomes $20k)

Solution
If the market breaks, the dollars falls, or geo-political tension increases, the flight to safety = Gold
Based on our research, the the proper flight pattern is SFEG - Santa Fe Gold Corp.

Webcast Interview with Santa Fe Gold Corp CEO Now Available at www.TheGreenBaron.com
Business Wire (Tue, Sep 25)


Technicals
From the Sept 10th low to the Oct 1st high we have completed a text book 38% Fib retracement bounce off the 50 period moving average and the 200ma is just overhead ready to be cleared. Stochastics are oversold and beginning to hook up. Technically and Fundamentelly this looks to be the opportunity of a lifetime and CT has over 80% of his portfolio in the coming move.

Santa Fe Gold Corp is a member of the "CT Triple Crown"
CT does not accept cash, stock, warrants, or the promise thereof,
to profile or promote any company.
He works for YOU, the Christian Investor.


Thursday - Prosperity for God's People

($SPX)(DJIA)(QQQQ)(SPY)(DIA)

Wednesday, October 10, 2007

Why Gold? Why Santa Fe Gold SFEG? Because 10 Baggers are Every Trader's Dream

(XAU)(HUI)(SFEG)(MNG)(MDG)


1 yr. price target SFEG - $3.00





Gold Rush of 2007: Mining Mergers
Newmont-Miramar PactShows Push in IndustryTo Focus on the Metal


By KRIS MAHEROctober 10, 2007; Page C2

Newmont Mining Corp. is betting that the gold boom has legs.

The world's second-largest gold producer by output after Barrick Gold Corp. agreed yesterday to acquire gold miner Miramar Mining Corp. of Canada for C$1.5 billion (US$1.53 billion).
The deal marks the Denver miner's latest move to focus its business around its core gold operations. It is among the first in what could be a wave of industry consolidation. Yamana Gold Inc. announced last month that it had agreed to acquire Meridian Gold Inc. for $3.6 billion.
The Newmont deal is a further sign that gold miners are simplifying their operations to take advantage of gold prices, which have risen to 28-year highs, and to become more attractive to investors who want a more focused company. Newmont in July said it would discontinue its merchant banking business unit. It also eliminated its entire gold hedge position, intended to protect the company if gold prices fell.

"Investors are demanding that gold companies become pure-play gold companies," said Peter Gray, a managing director at KPMG Corporate Finance LLC.

Mr. Gray said he expected Newmont to make additional acquisitions as it jostles with Barrick. Barrick has grown in recent years through acquisitions while Newmont stuck primarily to developing its own reserves. "This is the start of a heavyweight bout between Newmont and Barrick," he said.

Last week, gold futures in New York finished at $747.20 per troy ounce, their highest closing price since January 1980. On the Comex division of the New York Mercantile Exchange, gold finished yesterday at $737.40, up $4.60 per troy ounce, or 0.63%.

"We believe the price is going up. We are also eliminating the hedge book to give us full exposure to a rising gold price. This deal is another piece of that strategic mission to focus on our core gold business," said Omar Jabara, a spokesman for Newmont. "We're definitely looking at acquisitions, but they have to meet our strategic criteria and objectives." He added that the company doesn't see itself as a Barrick competitor, and that the two are partners in some places.
The deal values Miramar at C$6.25 per share, a 20% premium over Monday's close price of C$5.19 on the Toronto Stock Exchange. Yesterday its shares rose C$1.09, or 21%, to finish at C$6.28.

Shares of Newmont rose $1.19 to $46.02 in 4 p.m. in New York Stock Exchange composite trading. Miramar had a net loss of C$2.8 million in the second quarter.

With the acquisition, Newmont said it would be able to develop the Hope Bay Project, one of the largest undeveloped gold reserves in North America, which extends over 400 square miles in Nunavut Territory in Canada and is controlled by Miramar. Newmont made an initial investment in Miramar in 2005.

Miramar has been exploring the Hope Bay reserve since 1999 and said it has identified 10.7 million ounces of gold as of the end of last year, but it hasn't begun active mining.

Write to Kris Maher at kris.maher@wsj.com

Tuesday, October 09, 2007

Tuesday - Prosperity for God's People / Savant Special Report

(XAU)(HUI)(NMT)(NEM)(ABX)

Economic and Market Commentary
Monday October 08 2007 Volume 17 Issue 15 0920 EDT

The Coming Age of Mega-Turbulence


Good Morning:
Alan Greenspan may have named his best-selling account of his twenty year tenure at the head of the US Federal Reserve well, but the age of volatility as we have known it, could be just a dress rehearsal for the coming epitath, the very earliest beginnings of which, we may have already witnessed, during what thus far has proven to be the 2nd most dramatic era of this decade.

The good news is, that this past Friday, with some incredible economic relief, we garnered a more than welcome and well earned reprieve in job creation that, with some hastily assembled revisions, for added impact and good measure, succeeded in enabling one President George Bush, (who at the beginning of his tenure, couldn't create jobs for toffees, to the delight of his perennial democratic foes), to able to boast Friday, an unsurpassed record in job creation, under his watch, of 49 straight and uninterrupted months of job formation, as the longest in US history, managing even to eclipse Clinton's enviable job creation record of the Nineties, not in terms of numbers, but in terms of time and we are all very happy about that, especially if, as long as the economic boat doesn't get rocked too much this month or quarter, could enure to a new record 50 month streak or perhaps even a whole lot more, if this Fed Chairman can
glide this economy through a possible softer-than-expected landing and resume its upward trajectory, through the next administration.

That may still be a tall order to plenish, but thus far, the Fed has been earning points and credibility for its deft actions in preventing a possible credit melt-down of sorts over the past month and while most are rejoicing this month for what amounts to a re-inflating of the long term economic bubble to end all bubbles, shorts went home this weekend an unhappy lot, with a lot of explaining to do to wives, but the fact remains the NYSE still has among the largest percentage short positions in its history and one day they'll be proven right.

So, at some point soon down the road, even though they may have been snookered by the Fed one more time in what may still be the mother of all short-squeezes on Wall Street, there will come a day when short-sellers will be rewarded and again welcomed home with open arms as the ultimate heroes of the day, probably very long of Gold and short stocks... And the fact is, that inevitable day is coming, sooner or later, because we have seen this movie before and know that trees don't grow the sky and that economic fantasies will give way to an new age of mega-turbulance as the stark realities of looming and overwhelming problems will begin to very strongly manifest themselves in a combination, of what over the past year, we have been warning, did eventually come to pass: We've already seen this past March and August in mini-meltdowns as warning shots accross the bows, for what will eventually be a big one.

One day down the road the Fed will be forced to re-engineer something like what they have so far succeeded in executing remarkably well, in their already now highly praised post-August reprieve, where we've seen unprecedented hinting of a rate-cutting spree actually send the Dow Jones Industrial and Composite Indices to new all time record highs, something very few could imagine just weeks ago.

Unfortunately, the Fed may have unintentionally set us up for a fall, down the road, that even they will not be able to reverse anytime soon and the real reason is, one day, the overweight of growing economic negatives, will simply overwhelm whatever the Fed may do, short of massive hyper-reflation, a prospect that could still befall one Ben Bernanke as the man of destiny, who above all others, has in his intensive analysis, mega-thesis and dissertation of the causes and effects of the Great Depression, so written and articulated extensively on the ultimate doctrine on how to prevent the next depression earning the title: 'Helicopter Ben' for declaring he would, if necessary, throw money out of a proverbial helicopter, if that's what is needed to turn the economy around. And thus, we all got a real foretaste of what's to come from Uncle Ben this past two months in that he's not afraid to put his money where his mouth is, and that is one of the reasons we have been so bullish on these markets, because just as in days of 1999 leading up to the "2000 Bubble", we calculated those monetary additions in $50 Billion tranches, that were about to become manifest in a combined monetary onslaught, that way back then amounted to around $150 Billion. However just in the past two months, $150 Billion was more like a day's work in multiple rounds of daily bailouts by central banks, hurling at times tens to even hundreds of billions at economies the World over, like it was a new contest of sorts, to see who could hurl the most money on any given day and the winner may have been the Europeans, as this game became a scarily serious panic, when for the first time since the 1930's, there was a genunine run on a major UK Bank.

The cumulative effect of all these actions, capped off by a come from behind the curve fed has already actually been manifested rather forcefully on markets around the World, sending many to new all time record highs, in a bid to keep Global growth on track, after the Fed got its biggest wake-up call in decades, as to just how precarious the economic situation might actually be and how they have to keep the Global money train hauling the World economies along at an accelerating pace and avoid becoming the ultimate train-wreck.

Much of the blame for bringing World economies and markets to the brink can be laid at the Fed's door, because as we have stated before, you can't have it both ways... Ie: If you are going to pre-emptively raise rates as Greenspan started doing thirty months or so ago and then proceed to ratchet them up relentlessly in what amounted to a totally unprecedented 525% cumulative rate hike: Sooner or later, the economy will buckle, because no mature economy, especially the US and still engine of the World, can overcome such a drastic and dramatic interest rate of change over such a relatively short timespan, and the first casualty of same has been the US's housing sector, which lives and dies by interest rate differentials and is a very slow ship to turn around and so far the imminent sword of damocles hanging over the US economy. Why? If the housing slowdown or contraction is joined by the economy and markets and later, the rest of the World, then, no amount of Fed bailout or reflation, will reverse a multiple contraction anytime soon, and on top of all that, the cyclical tendencies of the Triple Decade Impact, wherein economic booms or growth periods have a 25 to 30 year lifespan simply because, economies, like marathon runners or athletes of any description or bulls in a bull-fight, tend to 'die' of exhaustion and is reason enough to be worried, that the Fed almost blew it and went at least a percentage point too far over the past year or so, and now we are witnessing looming consequences of the same trap that the Japanese fell into and apparently the Fed did not learn from...

In other words the Feds failure to pre-empt the coming housing and potential economic crunch, not lowering rates sooner, has already started to impact millions of lives, that are now in housing jeopardy and could end up affecting billions of lives through their ineptitude. As CNBC's Bill Siedman has so oft stated: Every recession since the institution's inception, can be laid at the Federal reserve's door and is really a result of the Fed's failure to pre-empt downturns, a la Greenspan in 2000 or every recession prior. The Fed always gets scared in the waning stages of a bull market because inflation and market activity tend to experience the final extremes of their bull moves before expiring, even though glaring indicators such as employment creation tend to peak often-times months, or years before.

So the big question is, in spite of the past few week's economic and markets respite: Did the Fed nip this one in the bud just in time? We don't know. We sure hope so and to be honest with a falling dollar and a still growing Worldwide economy, huge backlogs to build 787 planes and other transportation for the future like there's no tomorrow, there just might be enough internal new economic stimulus to maintain a reasonable growth-rate... But there are no guarantees, and that is the reason for writing this update. In particular, because it is definitely not lost on this author, that almost the "identical negative influences" that resulted in the Crash of '87 are again hanging over our markets, exactly 20 years later. We also appear to be going down a similar path, retracing the same footsteps, that led to a 6 fold increase in Gold and a 12 fold increase in Silver emanating from the fall of '77, exactly 30 years ago, almost to the day.

Does this sound like an economic train wreck in the making or what? Well, the first thing to keep in mind is that the August meltdown started from around these levels, when everything looked just fine, and the March meltdown or first Sub-Prime shot accross the bows, was already a distant memory... But not for us, or subscribers to MODAR, as we observed inherent weakness begin to set in almost immediately following the Dow Jones Industrial's puny attempt to post a new all time record high at 14,000.41, kind of hanging on by its fingers as traders tried to oblige by propping it up in waning minutes of trading on July 19 2007, in the fakest looking "Palendrome" record signature, we had ever seen, since the equally suspicious and possibly in all of Dow Jones history unprecedented 'Double Top' of 2999.85 identical closes, of July 19 & 20 of 1990, right before the Dow went into a sickeningly unexpected 20% plunge on the back of Saddam Hussein's invasion of Kuwait. Underscoring the fact, that you always need to have your wits about you, and pay atteniton to every subtle detail on Wall Street, because therein can often lie the "Holy Grail of Foresight" that can lead to great riches for those of whom "Fortune" can most definately favor with a prepared mindset, and is why we heavily shorted the markets on Monday July 23 in our largest short position recommendation then to date, at a cumulative 90 contracts, accross all major indices and basically held and added to that short bias until electing to cover and go long exactly 1 point off the S&P low of 1375 registered on August 16, 2007. And that's not all, by the end of the day, our recommendations had us long well over 1,000 S&P contracts in the mother of all wagers, correctly betting as it turned out, that August 16, was the monumental reversal we bargained for, ahead of new all time record highs...

Back to the present, and the other major looming problem a la 1987 could be the US Bond market, which, on the heels of Friday's job numbers went into a one-and-a-half-pont swoon and could de-rail the ongoing market advance on any further weakness as it begins to sink in that behind the veneer that US Bond Market yields could ratchet sharply higher to defend a rapidly weakening and extremely vulnerable looking US Dollar, therein depressing Bond values and ultimately stock prices, much as occurred exactly 20 years ago in 1987, and the implications this time around, could be potentially worse as inflation numbers due for release this month could be in the double digits and could force Bond vigilantes to act independently of the Fed and push Bond market yields even higher in a knee jerk reaction to the looming economic realities of a newly built in inflation rate that has to be approaching 10% on imports alone, that have to account for an additioanl 10% decline in the US unit over the past year and the resultant sky high prices we are seeing accross the board in just about everything involved in the economy that involves our daily goods and needs and in particular, cost of transportation.

All though it may not have sunk in for many yet, in spite of the greatest economy ever not only for the US, but also from a truly global standpoint, there is not an infinite supply of money in the World to sustain the US's insatiable trillion dollar appetite for that additional funding it so badly needs to compensate for its ever widening and cumulative trade deficit or to keep its economic machine running as we discovered in the first taste of the credit crunch encountered just two months ago and certain to loom again, if all does not go well:

And that's the problem... The UAE or GCC's with their $1.5 Trillion in disposable assets piled up from excessive oil profits are starting to shun not only the US Dollar as their reserve or trading currency, but they may also be abandoning some US investments, because they see the US Dollar getting still weaker and any flat or losing investments they already have, could be subject to the cutting of any immediately impending further losses, that would have the dual impact of weakening the US Dollar further and the underlying asset class as well, which more than likely could the principal bulwark of the US Government's funding machine, ie: US Treasury Bonds, putting further pressure on rates to rise, thereby potentially increasing not only the domestic deficit, already slated to expand massively as exploding Baby Boomer retirement responsibilities will increasingly need to be met, draining coffers and increasing the trade deficit also as the dollar further erodes, or worst still, in the worst of all worlds, we become a quasi-banana republic currency, wherein, nothing, not rising long term rates as bond prices plunge further or short term rates rising to 100% overnight, as has occured in the past in other currency debacles, such as the multiple division by 3 of the Mexican Peso of 15 years ago can attest did happen.

We've already warned several times of the coming Trillion Dollar Killing over the past two years or so and this time we are crying wolf as it appears to have arrived right at our doorstep, ready to beat down the doors: The Trillion Dollar Killing is really our personification of a currency inspired Worldwide panic, caused by the growing realization of foreign investors in US Treasuries that they truly stand to literally lose a Trillion Dollars or more. Added pressure to perform or cut losing investments, could conceivably cause a kind of run on US Bonds that would make the run on the Northern Rock Bank look like a tip by comparison... Now all of this may look a lot like conjecture, but remember the path we are going down and where we've been to in the past... Usually very few ever saw it coming and we have already seen dramatic moves in Gold, Silver, Platinum, Palladium and Copper to the upside and in the US Dollar to the downside in a disturbingly accelerating trend. And you have to ask yourself today: What are the investors who were lucky enough to get their money out of Northern Rock thinking? We're willing to bet that many of them are thinking it's either Gold, or the Mattress..!

And that's the main point of this missive and what we have been talking about all year, since we outlined our future for Gold right from the first day of 2007 and at various intervals since then, when we have never once wavered in our resounding bullishness for the metal and sector, constantly and consistently counselling all to take advantage of any weakness in Gold or Gold stocks, no matter how or what or who was saying otherwise, and as we traverse into the second week of October and witness December Gold rebounding back to almost $750 per ounce, which may we repeat is a fantastic price for Gold and any Gold mining company in historic terms, that any higher from here, virtually means any future Gold and Silver gains, will be transferred to the bottom line values of any mining company.

The burdens of successive booms and bubbles have been piling up over the past three decades of hypergrowth in the US and World economies and sooner or later, we have to pay the piper for the cumulative inflationary impact, which has yet to fully and completely manifest itself in terms of a long overdue compensatory rise in Gold and Silver prices. To give some idea of how far inflation has come, the Prime Minister of Qatar recently stated that a truer fair price for Oil should be about $125 per barrel today, arrived at by just applying an average 2.5% annualized inflation rate since 1973. If that is the case, imagine what that cumulative inflation rate has done to the US Dollar's purchasing powe and how far Gold and Silver have been left behind. Characteristically, following each major three decade or so financial booms over the past century, beginning with the relatively modest 8 fold increase in the Dow Jones Industrials from 1902 to 1929, each of the subsequent 10 years or so economic and market downturns were compensated for and accompanied by significant increases in Gold, Silver and mining stock values over the next decade, and repeated exponentially in the case of Gold and Silver in the 1970's with a 20 fold and 50 fold increase respectively, following only a 10 fold increase in the Dow from 1942 to 1967-70 and this time with the Dow near new all time record highs this morning on the back of an 18 fold gain since 1982, over only the past 25 years, pray tell, where are Gold and Silver prices going this time around if the financial boom today is so much larger than anything we have ever seen in the past, especially the monumental gains that Russia, China, India, Brazil, Mexico and the Middle East have all experienced and bring to bear exponential multiples of latent Gold and Silver buying power down the road, on top of the fact that the World is running out of Gold and Silver with perhaps 11 or so years of supply remaining at current consumption increase in growth trends factored in? Its a daunting prospect, but as we have said before... Something or some exogenous event may be the catalyst for a Gold and Silver, mania of all manias to unfold, and just as the Hunt Brothers tried to corner the Silver market in January 1980, today it could be a country or group of countries that try either deliberately or inadvertantly through weight of numbers, to do the same, with potentially mind-blowing consequences for all, especially early investors... Extrapolating out from the mega financial boom growth of this triple decade impact, it is not impossible to surmise a Gold price of $9,000 per ounce and $300 per ounce Silver, but to be more realistic, our longer term target remains at $1,785 for Gold and $120 Silver, with next decade objectives that could range as high as $3,900 to $4,700 or so for Gold and upwards of $200 for Silver. Thus far, we are humbled by how well our predictions have to date unfolded and for the time being, continue to expect an orderly increase in prices, although we are watching carefully for any real acceleration in prices to unfold that could usher in new all time record highs and a run to $1,100 or so, or even as high as $1,450, in the belief that a run up to such levels would potentially create a new floor for Gold in the $800's and a new range towards higher highs.

The accompanying Gold report courtesy of R J O'Brien, not only endorses our own views on Gold: The accompanying charts are quite startling in their emphasis of the decline in Gold production, especially in South Africa and the huge growing demand for Gold in India, to the point that should such growth continue unabated, not only in India, but around the World, demand will surely overwhelm supply.

We would therefore use any renewed short-term weakness in gold and silver prices to acquire additional positions in precious metals.

Trade Well
Savant

Editors Note:
We believe Santa Fe Gold Corp SFEG is the most undervalued gold asset on planet earth.

Friday, October 05, 2007

eProfits Radio w/ Fund Manager Baird Montgomery

info@eprofits.com

Friday - Prosperity for Gods People

(SPX)(DJIA)(DIA)(QQQQ)(SPY)

Two Species of Trader - Which Are You?
Mike Parnos

In the wide world of directional trading there are basically two species trend followers and contrarians. Trend followers take the hitch your wagon to a star kind of approach. When they see a stock moving in a particular direction, they figure that someone smarter than they are must know something. So, they jump in the fray and hope for the best. Whether they profit or not depends largely on when they have this epiphany. If they get in early in the trend, they may make a few bucks.

If they come late to the dance, all the pretty girls are already dancing and the song is almost over. So, you either dance with a Linda Tripp look-a-like -- or you go home. Youve lost your pride, the cover charge, and then some. A few stiff drinks may make your Linda Tripp look like Brittany Spears, but when you sober up, the reality is there (ugghhh), and your money is still gone.

Contrarians are a different breed. They believe that when too many people agree on a direction, theyre simply confused, dont understand the situation and are in for a rude financial awakening. Contrarians believe that an overwhelming majority of retail traders tend to buy high and sell low.

Instead of jumping on a bandwagon (trend), contrarians try to determine when the euphoria will end and then short the herd of traders who will be scrambling to get out. There are a number of mutual funds who use contrarian strategies to take advantage of the follies of retail traders.

A Contrarian Story
My son is a daytrader a very successful one. At the office where he plies his craft, there are currently five other traders. They are the few survivors. Years ago, when the market was hot, there were four or five daytrading offices in metropolitan Detroit. Each office had 15 to 20 traders, plastered to computers, making money hand over fist. But, remember, that was in the day when monkeys throwing darts at the Wall Street Journal stock pages outperformed analysts and an embarrassing number of professional traders.

When the irrational market hit the wall and fell like ton of manure, so did the mass of irrational daytraders. They only knew one style of trading, couldnt make the adjustment, and watched in amazement as they gave back most, or all, of what they made.

An occasional visitor to the office is a former daytrader named Little Richard. A great guy, about 56, he was affectionately known as their contrarian indicator.

There are some people in this world who have the Midas touch. Whatever they touch turns to gold. Then there are those who, whatever they touch turns to something you wouldnt want to step in. Well, Little Richard was the latter.

Whenever Little Richard would enthusiastically announce that he just bought 500 shares of XYZ stock, the other traders in the office would immediately short XYZ stock. It worked about 80% of the time. Notice I said Little Richard is a former daytrader.

Identifying A Trend
Lotsa luck!! It aint easy. Technical analysis may give you some guidance. But, the question is, once youve identified the trend, how much trend is left? Thats the $64,000 question.

Look at the trend line. The steeper the trend line, the more powerful the trend may be. Some traders look for crossing moving average lines or other momentum indicators.Throw a few support and/or resistance lines on the chart. Then, add some moving averages. Toss in another an oscillator and, before you know it, the chart looks like last nights spaghetti. A good knowledge of technical analysis can make some sense of it. Some say it gives traders an edge. Both the momentum and/or contrarian approaches can work. It all depends on the trading skill, the chart reading skills and self-discipline of the individual trader.

Developing these skills is not like Minute Rice. It takes time, effort, practice and a commitment.
The market is a non-forgiving animal that eats up traders for lunch and spits out what little is left.

You dont want to take a knife to a gunfight. Be prepared.

http://optioninvestor.com/

Thursday, October 04, 2007

TradingComputers.com and DCZoneTrading.com create endowment for New Hope Orphanage in Kampala Uganda, East Africa

($SPX)(DJIA)(SPY)(QQQQ)(DIA)


&
When you become a student of DC Zone Trading or purchase a computer from Trading Computers, the children of New Hope Orphanage benefit.... Big Time!
$1.00 US per day provides food, shelter, clothing, medicine, education, and love, to a child with no one to call Mom or Dad except YOU.
That is, IF you accept the call................
Will you?
CFRN has never before accepted advertising, cash, stock, warrants, or swag, to profile or promote any company, methodolgy, theology, theory, or opinion.
Why?
Because we promote TRUTH!
Our currency is INTEGRITY!
But after 2 years, God has spoken. You still can't pay me, or CFRN, but you can save the life of a child.
Blessings
CT

Trading the Stack - A Live Session With the Developer

($SPX)(DJIA)(SPY)(QQQQ)(DIA)

Take the StackTrade Free Trial - No Credit Card Required!
http://stacktrade.com/

Thursday - Prosperity for God's People / We Re-Visit the Passion and Ministry of TradingFaith.com

($SPX)(DJIA)(SPY)(QQQQ)(DIA)

Take the TradeStalker Full-Blown Full-Access Free Trial NOW!
(only one week left - no credit card required)

Here's a word from Trade Stalker:

Hi Everybody,
A week or two ago we asked if you would do us a favor by helping to make sure that we've included everything in our new package coming out this month, "Read the Greed - LIVE!".

Well, I gotta tell you, your feedback was incredible! Thanks so much for lending us a hand! Your questions on finding and trading support and resistance have helped us fine tune the package for whom it was intended....YOU!

The course is almost finished, we're looking for everything to be ready to go around the 3rd or 4th week of October.We'll keep in touch with you and let you know what's going on, and when we have a set date that it will be ready we'll give you a heads-up.

In the meantime, (in a nutshell) here's the story behind "Read the Greed - LIVE!".

Mike began trading 25 years ago after a diving accident thatparalyzed him ruined his future in professional baseball. Over the past 25 years he has developed his own indicators, as well as his own personal trade set ups. Back in 1996 he began writing the RBI Trader's Updates for trader's who wanted his accurate support and resistance zones. In 2006, Mike wrote his e-book, "Read the Greed-Take theMoney:Trading Weapons I've Kept Secret for 20 Years", a graphic compilation of his trade set ups.

In his eBook Mike explains how to trade support and resistance using his setups. Though the charts in the e-book are great, they were still/unmoving....and then, one day Mike said, (and he actually said this to me) "How about I capture my set ups, live as they are happening and walk them through it, that way they can actually hear me explain how I'm entering and exiting these trades." That's when "Read the Greed - LIVE!" was conceived.

Since then, Mike has set about breathing life into each of his trade set ups. You'll watch and listen "live" to when, where and why he enters a trade and how he manages that trade. But that still wasn't enough for Mike, traders kept coming to him asking him to show them how he finds his support andresistance numbers each night. So then, Mike said, "let's give them what they want" and started making audios/videos on how he has been finding the same support and resistance zones that the subscribers receive each night.

This is Mike's baby and for months he's been working hard to make a complete, easy to understand, easy to put to use course for traders - unparallel to any other. Everything he's learned about finding AND trading support andresistance over the past 25 years he's getting ready to lay at your feet. This is EXACTLY what you said you wanted, EXACTLY what you said you needed. This is what you folks have been asking for...and it will be ready to go in the next few weeks.

We'll talk again soon, please keep an eye out for upcoming emails.

To Your Success,
Julie jc@tradestalker.com

Take the FREE TRIAL - http://tradestalker.com/openhouse.htm

Monday, October 01, 2007

Monday - Prosperity for God's People / Take a 2-Week Free Trial to Tradestalker!

($SPX)(DJIA)(SPY)(QQQQ)(DIA)

Hi Everybody,
We have something here we're pretty sure you'll all be interested in...and hey, it won't cost you a cent! We are GIVING...yeah, that's right, G-I-V-I-N-G every Trader interested, 2 weeks of "real time" RBI Trader's Updates.

Each evening you'll receive your update (or you can read it on our member's only site) written by Mike Reed, a 25 year veteran trader. The update includes commentary, market outlook, and support and resistance zones (for the emini S&P, Nasdaq, Russell, and Dow YM).

These are the very zones that Mike will be buying and selling against the following trading day!

Now you all know that we offer unlimited delayed updates so that you all can see what the "RBI Trader's Updates" are all about. They also give you an opportunity to check out Mike's batting average. Well, for the next 2 weeks (starting this evening, October1st) we're going to let you all into our member's site, you can read the update the night before as well as get the intraday updates right away...when you need them.

The nightly updates and intraday updates will also be emailed to you for your convenience.

Here's some simple instructions for using the nightly updates...read the update each night, not just the zones, but read the *whole* thing, especially the last 2 paragraphs.
(ok, that's it for the instructions :)

The 2 weeks start TONIGHT! If you want to take advantage ofthe entire 2 weeks, get signed up now...you snooze, you lose! Our "Open House" ends Sunday, October 14th.

http://www.tradestalker.com/openhouse.htm

To Your Success,
Julie
jc@tradestalker.com

Editors Note: This is a tremendous opportunity. Use Mike's strategy to buy and sell against his support and resistance zones for the next 2 weeks absolutely FREE! If his levels and strategy are as good as I claim they are, you will earn enough in the next 2 weeks to pay for an annual subscription. If they aren't........... you'll know, for FREE!

If you are an investor in Santa Fe Gold Corp SFEG, please email David Vaughn and ask him to profile us. To learn more about David and his work, see last night's post.

Blessings
CT

ps/ Does this concern you at all? http://tinyurl.com/2982ns

Sunday, September 30, 2007

Santa Fe Gold SFEG Soars 28% Friday on Heavy Volume

(SFEG)(XAU)(HUI)(FMNJ)(DKGR)

Santa Fe Gold Corp CEO Interview







Gold Can Make You Rich!
By David Vaughn Sep 27 2007 9:34AM
http://www.goldletterdv.com/



Gold is unstoppable. Hope you haven’t sold your quality gold shares. Well, gold is settling comfortably above 700 an ounce – what now? If you’re stupid you’ll be selling all your gold shares because you fear gold dropping back to 640. If you have any common sense you will notice this upward move is more than a short term rally.

Gold firmly over 700 – now what? First of all hold on to your quality gold mining shares. Do some house cleaning if necessary, but it is not the time yet to sell those companies with the best long term potential.

" Today, more than any before, its imperative that we open our minds and become aware that jobs are a system for income creation, not wealth creation." " What does it mean to be wealthy – I mean truly wealthy? " Burke Hedges

The time may be ripe to acquire additional mining shares that newsletter writers proclaim as under valued. As the sub prime mess grows and the US dollar continues to find new lows what additional fact is being discovered?

"Wealth is having enough money and enough time to do what you want, when you want." Burke Hedges

Gold continues to find its place in more and more professional portfolios. I say professional because they are discovering the need for gold investments before the common Joe or Jane on the street. Inflation is now a serious factor as never before.

"The only way to create true wealth is to leverage your time, money, and efforts so that 10 hours of work equals 100 hours of pay…or even a 1,000. “That’s the way the rich get rich and stay rich…" Burke Hedges

Governmental and Federal Reserve policies are now guarantying that inflation will only grow and blossom as never before. And as inflation grows it takes tangible assets to rise, keep up with, and to climb higher than the curse of inflation. And gold, historically, is the best asset that makes money in the shadow of inflation. Do you want to beat the disease of inflation and even profit by it during the next few years? Then invest in gold mining companies.

"…the momentum is still calling the market higher," said Zachary Oxman, a senior trader at Wisdom Financial. "Gold is focusing on easier monetary policy, which will attract gold demand." "While consolidation is likely we believe gold will again reach $800-plus prices by year-end." "Gold prices will continue to draw support from the recent decline in the dollar to record lows, high oil prices and increasing concern about the health of the world's largest economy, O'Byrne said. Indeed, "given the dollar's continued losses and the strength in the energy sector, it looks as if gold will find further upside momentum in the coming sessions, potentially targeting $765 before more significant profit-taking is seen," said James Moore, analyst at TheBullionDesk.com, in a research note."

Gold and resource stocks, historically, have presented the highest rate of returns. Gold Letter, Inc. reviews gold and other resource stocks under valued and poised to rise in this time of increased demand. Natural resources and related contrarian stocks will only escalate in value as the world continues to experience unprecedented population growth. Gold Letter’s 10 best performing stocks are up over 2,000% and GL’s top 55 performing stocks are over 400%. Close to 90% of all Gold Letter's recommendations since inception in January, 2003 are close to 200%. GL charts are computer generated and updated every hour while markets are open.

Send me an email and your comments.

"The Worldwatch Institute, an organization that focuses on environmental, social and economic trends, says the current rate of global demand for resources is unsustainable."

David Vaughn Gold Letter, Inc.
Editors Note: We have long admired the work of David Vaughn. In fact it was Mr. Vaughn who introduced us to one of our most popular radio guests, Baird Montgomery fund manager and founder of eProfits. We have published this editorial to introduce you to The Gold Letter and to invite David to share his thoughts with us on Santa Fe Gold Corp SFEG.
Baird Montgomery can be heard live every Friday on the Christian Financial Radio Network at 2:30 Eastern. Baird can be reached at info@eprofits.com

Santa Fe Gold Corp is a member of the "CT Triple Crown"
CT does not accept cash, stock, warrants, or the promise thereof,
to profile or promote any company.
He works for YOU, the Christian Investor.

Saturday, September 29, 2007

Friday - Prosperity for Gods People

(^SPX)(^DJIA)(QQQQ)(SPY)(DIA)

Thursday - Prosperity for God's People

(^SPX)(^DJIA)(QQQQ)(SPY)(DIA)

Wednesday, September 26, 2007

HealthSonix HSXI Announces Joint Venture with Abbot Labs / Exclusive interview with CEO Michael Ivezic

(ABT)(MRK)(HSXI)(SNY)(JNJ)

HealthSonix and Abbott Laboratories Launch Innovative Combination Therapy Program for Patients With Advanced Rheumatoid Arthritis
Wednesday September 26, 11:08 am ET

Significant Development in the Fight Against Advanced Rheumatoid Arthritis

IRVINE, CA--(MARKET WIRE)--Sep 26, 2007 -- HealthSonix, Inc. HSXI announced today that the joint marketing program with Abbott Laboratories ABT has commenced in Southern Ontario, Canada. The program is the first of its kind and offers Rheumatologists the option of prescribing "combination therapy" for patients with advanced rheumatoid arthritis, psoriatic arthritis, and ankylosing spondylitis.

"The guidelines published by the American College of Rheumatology [ACR] for rheumatoid arthritis state that 'the ultimate goals in managing RA are to prevent or control joint damage, prevent loss of function, and decrease pain,'" said Dieter D. Doederlein, Vice President Corporate Development of HealthSonix. "To maintain joint function, the guidelines suggest that 'regular participation in dynamic and even aerobic conditioning exercise programs improves joint mobility, muscle strength, aerobic fitness and function, and psychological well being without increasing fatigue or joint symptoms.' That is why the combination therapy now offered by Abbott Laboratories and HealthSonix is a significant new development for both rheumatologists and their patients," said Doederlein.

Abbott's biologic therapy works against the inflammatory process like other TNF blockers and has been shown to be effective in controlling symptoms of the disease. The product is indicated for reducing signs and symptoms and inhibiting the progression of structural damage in adult patients with moderately to severely active rheumatoid arthritis who have had an inadequate response to one or more disease-modifying anti-rheumatic drugs.

The benefits of AquaSonix Therapy for the patient with immunological disorders include provision of a reduced weight-bearing environment in which to exercise; improvement in Range Of Motion; reduction in joint and muscle stiffness; improvement in the willingness to move; improvement in functional strength and functional mobility; improvement in social and psychological factors.

"This new program represents a significant development in the fight against arthritis because the ACR guidelines stress that the combination of medications and non-pharmacological therapies is the optimal way to treat the patients," said Doederlein.

HealthSonix, Inc. HSXI is a publicly traded medical technology company. The Company's core products are based on proprietary, patent pending medical technologies that use sound pulses to stimulate soft tissue, muscles and sensory and mechanoreceptors in the human body to relieve pain. All pain relief treatments and products are safe, non-invasive, and have no known side effects.

More information regarding HealthSonix, Inc. and its products and services can be found on the World Wide Web at: http://www.healthsonix.com/ or by calling the company at 1-877-622-2121.

Note: A number of statements contained in this news release are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.

Contact: Contact:
Dieter D. Doederlein
1-877-622-2121
Email Contact

Editors Note:
In a recent press release and interview, CEO Michael Ivezic stated that HealthSonix was preparing for a move to a senior exchange by the end of 2007. At that time we offered the opinion that in order to meet the minimum stock price of the AMEX which is $2.00/share, the company would need to announce a major development. It is our opinion that today's news could well be that event. HealthSonix has flown below Wall Street's radar until today. Once institutions and retail investors who hold Abbot Labs ABT stock become aware of this partnership, it may be seen as an opportunity to strengthen the Health Care sector of their portfolios for pennies on the dollar. We will continue to monitor this situation closely.

HealthSonix is a member of the "CT Triple Crown"
CT does not accept cash, stock, warrants, or the promise thereof,
to profile or promote any company.
He works for YOU, the Christian Investor.

Wednesday - Prosperity for God's People / Today We StackTrade The Dow Emini

($SPX)(QQQQ)(SPY)(DJIA)(DIA)

Take the Free Trial - http://stacktrade.com
No Credit Card Required!


We do not predict the markets long term.

We trade what we see intra-day.

However, some things can't be ignored.........
The ES Emini Futures need to revisit 1500 SOON.
There's 40 points on the table tonight.
There could be even more tomorrow night.
Review your risk tolerance.
40 down and 40+ back up?

Or wait and trend trade back to the top?

If we open lower tomorrow kiss the Abandoned Baby / Evening Star goodbye.........

However you slice it, the market is ready to rock!
Pray Hard and Trade Safe
CT
ps/ Almost forgot..... Full Moon tonight......lol (full moon = dip)


(This analysis brought to you courtesy of the ES.D chart - big difference)


Tuesday, September 25, 2007

Santa Fe Gold Corp CEO Interview

(GG)(CDE)(HMY)(HL)(SFEG)



SFEG Technicals
The bullish picture continues to build. (see previous posts)

Today we get a Bullish Inverted Hammer, one could also argue that based on the body of the candle, we have an inside day of an inside day, above the 50MA.











HSXI Technicals
Yesterday we reported 3 Times Normal Volume
(see previous posts)
Today we traded 5 times normal volume
Rarely will you see such incredible Doji basing action hover just above the 50MA.

This chart spells Expectancy.

Expect SOMETHING!

Monday - Prosperity for God's People

($SPX)(QQQQ)(SPY)(DJIA)(DIA)

Monday, September 24, 2007

Monday - Prosperity for God's People / Precious Metals and Health Care Set to Soar

(AZMN)(PAAS)(RGLD)(GSS)(AEM)(ABX)(GFI)(GG)(CDE)(HMY)(HL)(SFEG)(GOLD)(AUY)(ABT)(MRK)(RHHBY)(SNY)(BMY)(PFE)(BAY)(NVS)(JNJ)(HSXI)

CT's Triple Crown

HealthSonix HSXI traded 3 times normal volume today. We are above the 50MA and 200MA on a Daily Chart. On our last interview CEO Michael Ivezic stated that within 7-10 days the company would announce the name of the major pharma joint venture. In Trading 101 we learned that volume preceeds price.........right? This chart looks like a NASA launch pad!












Santa Fe Gold Corp - SFEG
Do not let today's red candle fool you. Red, Green, Purple, or Yellow, that is a Bullish Harami closing in the upper body of the previous day's candle. The english translation of Harami is "pregnant lady". The higher she carries the baby, the more bullish the signal.











Blessings

CT

Sunday, September 23, 2007

Got Gold? SFEG Chart is Dynamically Bullish

(AZMN)(PAAS)(RGLD)(GSS)(AEM)(ABX)(GFI)(GG)(CDE)(HMY)(HL)(SFEG)(GOLD)(AUY)

It has been 9 trading days since AZMN became Santa Fe Gold Corp SFEG.
What have we seen?
A punch thru the 50MA
A 62% to the tick Fib Retracement back to the 50MA
Friday's trading produced a Bullish Engulfing Candle

We already know the strength of the fundamentals, we now have a technical picture that smells like springtime in Pamplona. Clear the streets...............it's time to run!














Saturday, September 22, 2007

eProfits Radio w/ Fund Manager Baird Montgomery

(GS)($SPX)(SPX)(DJI)(DJIA)(SPY)(QQQQ)(DIA)
GOLDMAN SACHS FILES MASSIVE DEFAMATION LAWSUIT
By Peter Z. ParodyFinancial
Freedom Wire Service
Friday, September 21, 2007

NEW YORK – Today Goldman Sachs filed a $5,000,000,000 lawsuit against Bill Murphy and the Gold Anti Trust Action Committee GATA he chairs. In its suit Goldman Sachs charges that Murphy and GATA have repeatedly and aggressively defamed it for years by accusing it of manipulating the price of gold and thereby stealing billions of dollars from unwary investors.
Reached for comment, an attorney for Mr. Murphy and GATA issued the following statement:
Mr. Murphy and his associates in GATA welcome the lawsuit. Heretofore, as a result of being blackballed in mainstream media, GATA has only been able to communicate with a small percentage of investors. With the media exposure this lawsuit will inevitably generate, Mr. Murphy looks forward to being able to reach and warn hundreds of millions of investors world-wide.

In order to prove defamation of character, Goldman Sachs must establish that it actually has character. That will be a formidable task because it is guilty of dozens of deceptive, deceitful and dishonest actions like, for example, claiming to be bullish to motivate investors to buy gold while selling tens of thousands of contracts short to curtail its price.

When asked, a spokesman for Goldman Sachs said the company planned to confer before responding. Speculation is rampant that Goldman has scheduled meetings to discuss its response with Secretary of the Treasury, Paulson, Chairman of the Federal Reserve, Bernanke, representatives of Morgan-Chase, and a carnal mystic.

Goldman's Quasi-Monopoly Earnings Report
Goldman Sachs GS - you know Goldman Sachs. They came out with an earnings report today. But first a little background.

Goldman gave us Robert Rubin, former Chairman of Goldman. He is the gentleman President Clinton called on to be Secretary Treasurer of the United States in 1995. During his tenure he orchestrated the bailout of Mexico, Asia, Long Term Capital Management, and Y2K. He is no stranger to moral hazard. His actions show that he actually embraced it. I think he was also responsible for Federal Reserve Chairman Greenspan to change his ways. After Greenspan uttered those famous words - "irrational exuberance" and knocked the equity markets for a loop in 1996, Greenspan became much more respectful of those that kept him in power. I thought that Greenspan meant what he said at the time with strong foundation, but his actions afterwards where of a different tune. Enough so that he bowed to the whims of both the Clinton and Bush administrations, taking irrational exuberance to bubble proportions.

Goldman also gave us John Thain. John is now CEO of the New York Stock Exchange. Mr. Thain helped to complete the reverse takeover of the NYSE by Archipelago in 2005. As you may have guessed - Archipelago's largest owner - Goldman Sachs.

Well, who is the current Secretary Treasurer of the United States? It is Henry Paulson, former CEO and Chairman of Goldman Sachs. Mr. Paulson took the reins in early 2006. Yet another Goldman guy.

Everyday the Federal Reserve operates an open market operation to add and subtract liquidity from our financial system. This is where the big NYSE member banks go to get additional funds. I can't think of another person that may be more important to a financial firm like Goldman Sachs on a daily basis. I am sure the Federal Reserve looked far and wide for someone to run this very important unit as it oversees domestic open market and foreign exchange trading operations as well as the provisions of account services to foreign central banks.

They picked Goldman Sachs former Chief Economist, William Dudley. An 'economist' for a trading operation? I know, it doesn't sound right to me but maybe he takes direction well. William took this post in late 2006.

World Bank, you ask? Who runs the World Bank? The President of the World Bank is Robert Zoellick. Mr. Zoellick spent most of his career working for various governmental agencies. No Goldman connection here? Almost. He resigned in June 2006 to join Goldman. After a one year stint of indoctrination of how things work at Goldman, and who truly butters his bread, he was appointed World Bank President in June of 07'.

So, former Goldman people are in place as the United States Secretary Treasurer, the head of the NYSE, the head of the trading operations at the Federal Reserve (an economist at that), and President of the World Bank. Big deal? It gets better.

Just after the 1987 stock market crash the President of the US signed an executive order forming a committee of government and private individuals to monitor the financial markets. This group was named the 'Working Group'. We traders have nicknamed this group the Plunge Protection Team - the PPT. Their mandate was to make sure all steps were taken to make sure nothing like that crash would happen again.

In 1998 the financial world was shaken by the financial shenanigans of a hedge fund named Long Term Capital Management. ( 'Long Term' lol!) After which time the US President's Working Group approached the major NYSE member banks and said, "hey guys, listen, we ain't suppose to let things like this happen. You guys need to get your act together."

These banks formed the Counterparty Risk Management Policy Group (CRMPG) The members are the top NYSE member banks, General Motors, a couple of hedge funds, and some well connected law firms and accounting firms. The group met and produced a document but was asked again in 2004 by the Working Group to come with more defined policy procedure. This effort resulted in the publication titled 'Toward Greater Financial Stability: A Private Sector Perspective'.

Who was the leader of this group? Gerald Corrigan, Chairman of Goldman Sachs. Who was the transmittal letter addressed to at the opening of the report? Henry Paulson, then CEO and Chairman of Goldman Sachs, now US Secretary Treasurer. Who developed the policy? Well here is an excerpt from the transmittal letter; "I want to express to you my sincere gratitude for the time and effort devoted to this project by Craig Broderick who served as a Member of the Policy Group and the others from Goldman Sachs who participated in the project and are named in the Report."

Link to the report; www.crmpolicygroup.org/docs/CRMPG-II.pdf

Here is what the CRMPG stated as their primary purpose; "The primary purpose of CRMPG II - building on the 1999 report of CRMPG I - is to examine what additional steps should be taken by the private sector to promote the efficiency, effectiveness and stability of the global financial system. As practitioners, the members of CRMPG II recognize that periodic financial disruptions and shocks are inevitable. However, the Policy Group also believes that it is possible to take steps that would be capable of reducing the frequency of such shocks and, especially, to reduce the risk that such shocks would take on the contagion features that can produce systemic damage to the financial system and the real economy."

Again it appears the CRMPG mandate is to control the markets. How else are they to reduce the frequency of periodic financial disruptions.

CRMPG: "since we know that financial disturbances and even financial shocks will occur in the future, and we know that no approaches to risk management or official supervision are fail-safe, we also know that we must preserve and strengthen the institutional arrangements whereby, at the point of crisis, industry groups and industry leaders, as well as supervisors, are prepared to work together in order to serve the larger and shared goal of financial stability."

We need to work together for financial stability? What does that mean for the public or retail investor? Obviously every trade has a counterparty. If these firms get in trouble with sub-prime loans, is it their idea to transfer that risk to the public to insure their financial stability and therefore the stability of the US economy as what they represent, as we can not have failing banks and a strong economy. But it would be acceptable to have a block of retail investors (small counterparties) suffering financial disruptions as long as it did not affect the general public or the greater good of the large NYSE money center banks?

Former Federal Reserve Chairman Greenspan acknowledges the CRMPG and their collective "eye" on the market in a speech he gave in 2002; "In today's markets there is an increased reliance on private counterparty surveillance as the primary means of financial control.

Governments supplement private surveillance when they judge that market imperfections could lead to sub-optimal economic performance."

Link to speech;
http://www.federalreserve.gov/boarddocs/speeches/2002/200209252/default.htm

That leads me to Program Trading. Program trading ran about 16 to 19% of all shares traded on the NYSE from 1987 to 1998 when the Long Term Capital diabolical hit. Since that it has climbed to 65-75% of all shares traded on the NYSE.

The NYSE stock exchange issues a weekly report on Program Trading. For the week ending August 31st, program trading accounted for 73% of all shares traded on the NYSE. Now you will look at this report and see that it says 36.5%. What gives? Well, the NYSE formerly reported program trading as both sides of the trade. They did this for a couple of decades, or the inception of program trading. (Program trading is defined as a trade of 15 or more issues with a value over one million dollars.) Then in June of 2006, shortly after the Goldman guy took over, they changed the reporting to just one side of the trade. In addition, they deleted all past reports from their news archives. One day they were there, the next they were all gone. The old way of reporting worked for many years giving a more accurate summation of total program trading. I continue to use that number as it is more truthful.

Link to recent report; http://www.nyse.com/pdfs/PT082707.pdf

Now you may suspect who the top program trader is. Well, sometimes it is Goldman but lately it has been Lehman Brothers. However, if you look at program trades made as the broker being the principal and not acting as an agent for others, Goldman does indeed take the top spot. For the referenced report they accounted for 25% of all program trades made as principal. Looking farther we see that the top six firms accounted for 69% of all program trades, or 50% of ALL shares traded on the NYSE. 50% of all shares traded in the hands of program traders of just six firms that are all members of the CRMPG, with the goal working together for the greater good? How would you like to be on the other side of those trades?

Again Greenspan in his speech of 2002 says it best." To require disclosure of the structure of the innovative product either before or after its introduction would immediately eliminate the quasi-monopoly return and discourage future endeavors to innovate in that area."

Quasi-monopoly returns! That, my friends, leads me to Goldman's third quarter earnings release today. Earnings were up an eye-popping 88% from last year. It was as though Goldman was on the right side of every trade.

But how could this be? We saw the headlines;
'Goldman's Exclusive Hedge Fund Drops By 10%'
'Goldman hedge fund falls 22.5 pct in Aug'

Well, you see, Goldman doesn't manage OTHER peoples money quite like it manages it's own. From the report - Asset Management (money they manage for others), Goldman:
"Asset Management net revenues were $1.20 billion, 31% higher than the third quarter of 2006, reflecting a 40% increase in management and other fees, partially offset by lower incentive fees."

Lower incentive fees? Fees were down 52% from last year. Incentive fees reflect doing a good job. Looks like their performance was lacking from last year.

Goldman: "During the quarter, assets under management increased $38 billion to $796 billion, reflecting money market net inflows of $31 billion, non-money market net inflows of $19 billion spread across all asset classes, and net market depreciation of $12 billion, reflecting depreciation in equity and alternative investment assets, partially offset by appreciation in fixed income assets."

Increase of $38 billion. That's a lot of money but still just 5% increase. But with $38 billion in net inflows after depreciation it appears that they had negative organic return on the assets that manage.

All on all, the money they manage for OTHERS had a bad quarter.

Now look at their proprietary trading unit - THEIR money. Trading and Principal Investments were $8.23 billion, 70% higher than the third quarter of 2006. Equity trading revenues were up a mind boggling 154%. This is in quarter were we saw a rough drop of about 3% in the S&P500.
Goldman: "Significant losses on non-prime loans and securities were more than offset by gains on short mortgage positions."
They shorted mortgage positions with THEIR money!
OTHER peoples money OTM;
NEW YORK, Sept 13 Reuters-
"Goldman Sachs Group's Global Alpha hedge fund fell 22.5 percent in August on losses from currency and stock trades, Bloomberg News reported, citing an update sent to investors."
Goldman has the largest collection of hedge funds in the world. How is it that they receive 75% of their revenues from trading, but the hedge funds they manage for other people's money under-perform the returns Goldman receives on its OWN money? When Goldman's hedge funds are long sub-prime, why did not the shorting of mortgages strategy that they used for THEIR money save some of the OTHER people's money? Trading is a zero sum gain.

Did Goldman need someone to take the other side of the trade?

Greenspan said this in the same speech above; "Most financial innovations in over-the-counter derivatives involve new ways to disperse risk. Moreover, our constantly changing financial environment supplies a steady stream of new opportunities for innovation to address market imperfections. Innovative products temporarily earn a quasi-monopoly rent."

I think everyone would have to agree that Goldman has been very innovative in benefiting from market imperfections. They place their former executives in high positions of public power. They manage the CRMPG that allows them insight into the inside workings of their competitors. They have been aggressive in their managed hedge funds by establishing a counter-party to their trades. They certainly are getting their share on THEIR money with "quasi-monopoly rent".

And they are getting paid well to do it.

Goldman: "Compensation and benefits expenses were $5.92 billion, 68% higher than the third quarter of 2006" The number employees increased only 7%. Nice raise guys!

So how does Goldman get away with this? Obviously the influence peddling is there. Why is the financial community of the slightly less connected not out there screaming about the potential for collusion and manipulation by these large member banks with their CRMPG association? Trading is a zero sum game. Why are so many willing to take a bullet for Goldman on an un-level playing field? I just read a commentary from Bill Bonner expressing some of what I mention here. He wrote this after a similar stunning Goldman report in June of 06';
"Well, how is it possible that a company like Goldman - with thousands of traders - can make 75% of its revenues from trading? You'd think their lucky trades would be balanced out by their unlucky trades. They can't all be lucky. And they can't all be geniuses. As Buffett says, there aren't that many geniuses around."

"Or to put it another way, here's a company making billions, mostly by trading. Who's on the other side of these trades? Who's losing? Where does the money come from? How is it possible for so many traders to have a result that is so far beyond equilibrium...it seems to defy gravity." -Bill Bonner

So why do I care about all of this?

Greenspan (same speech) said this; "No one can deny that fully informed market participants will generate the most efficient pricing of resources and the most efficient allocation of capital. Moreover, it could be argued that, if all information held by individual buyers or sellers became available to all participants, the pricing structure would more closely reflect the underlying balance of supply and demand. Thus full information would appear to be the unambiguous objective. But should it be?"

"But should it be?" Hell yes it should be. Fully informed market participates is central to a free market. Allowing Goldman and the CRMPG, with the blessings of the Federal Reserve to sway the markets in the direction that benefits them most, in the name of financial stability is a bullet to the chest of capitalism. Who was Chairman Greenspan helping when he suggested adjustable rate mortgages at interest rate bottoms? Some kind of innovative sub-prime scheme perhaps? The time to save our free markets is now. The complacency bull needs to stop!
Joe Stocks