Special Report - An Inside look at PSW Picks

If you are a free article reader or basic member and you ever wondered if it’s worth subscribing to our premium service I would humbly (well not so humbly) submit to you our list of Friday’s featured trades . In our member section, we discuss dozens of trade ideas every day but the ones I pick as generally recommended are set in bold type against my normal blue background so they are easily and quickly identifiable.  This system will be the backbone of the alert system we are finally rolling out in March but the fact is that NOTHING will get you information faster than being on-line live during a trading day and hearing a trade idea the moment I type it, especially for our momentum or day trades.  The advantage of hearing a trade idea in context of the conversation we have regarding the markets is something that can never be replicated by a text alert sent to your mobile phone or Email 5 minutes after the fact - yet that seems to be the backbone of most services out there … To make good calls on the market you have to have a premise and my premise all week was that we may test 8.000 or even lower but we would not stay there because the situation is fundamentally different than it was in October or November, when we fell to lows on fear and uncertainty.  There is still plenty of both in the market but there is also money - $8,000,000,000,000 worth of it that has been pumped into the market either through direct bailouts or indirect loan guarantees, rate adjustments etc. that the Fed and the Treasury have been able to push through.  $8Tn is a LOT of money - it’s enough money to make 8M people millionaires.  That’s right, our government has spent enough money bailing out the banks to have given 8% of all US households $1M cash - for bears to get on TV and tell you that this will not make a difference in the economy is simply ridiculous.  For analysts to get on TV and tell you that it isn’t going to be inflationary is also ridiculous, which is why we’ve been buying gold for a month! I said in the morning, as we looked to open down almost 200 points pre-market:  " While it is very tempting to panic today, let’s keep in perspective that, as of yesterday’s…