Mission Statement

Information disseminated through the traditional financial news outlets is often subject to a hidden agenda. At best the information is misguided and at worst deliberately misleading. With a combined 60+ years of experience in the financial markets, we intend to help the reader separate fact from fiction and expose the news that actually moves markets.

If you don’t read the newspaper you are uninformed, if you do read the newspaper you are misinformed.
–Mark Twain

RCM Manages the Fortune's Favor Family of Funds:

  • Fortune's Favor I (Long/Short US equity)
  • Fortune's Favor Offshore (offshore clients)
  • Fortune's Favor Precious Metals

Thursday, April 10, 2008

Time 11:41

Stocks: QLD, SSO, DDM

OK the trade is on. We have buy signals accross the board on all indecies on the 60 min. and the stocks are bouncing off the daily supports. Now we must use the 60 min. sell signal as our stop loss and get rid of all emotion. As long as the stocks follow thru we will hold looking for a 5% move higher at which point we will take the gain not waiting for a sell signal. Things happen overnight that can ruin a good market trade. No need to be greedy on this trade. We are just trying to pad the numbers.

Targets:

QLD = $80
DDM = $79.25
SSO = $73.50

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