Online Trading Academy's Education Chief Says That at Current Stock Market Prices, It's Not a Good Time to Enter the Party
Sam Seiden, Chief Education Officer for Online Trading Academy, Discusses Market Timing During the Stock Market Rally
Irvine, CA, May 3, 2013 - Online Trading Academy’s Chief Education Officer, Sam Seiden, is taking the financial markets by the horns with his
proven market timing strategy. For the first time the Dow Jones Industrial Average has crossed the 15,000 mark but Seiden is not jumping on the band wagon of
buying stocks. Instead, he is selling to make a profit, much like other professional traders and investors.
A recent article in The Wall Street Journal is calling these traders and investors, who are selling instead of buying, the “party poopers” of the rally.
Seiden says otherwise, “Most of the time, the best time to leave a party is before it’s over. Now is not the time to enter the market because prices are
nearing retail levels.”
According to Seiden, “A good rule of thumb is to enter the markets at wholesale prices, Dow 13,500 for example. This is a comfortable entry point for longer-term
capital. When the Dow Jones Industrial Average is high this often means that companies are making big profits because they’ve cut costs, including labor by having
machines do more of the work and/or perhaps made better deals with labor unions. A rallying Dow doesn’t necessarily mean that the economy is thriving, it typically
means companies are.”
Seiden continued “Investors shouldn’t only look at the Dow Jones Industrial Average, but also the S&P (Standard and Poor’s) Index. When the (June) S&P Future
is between 1580 and 1595, the markets are likely to stop rallying and turn lower as that area represents retail price levels. Professional traders and investors care
more about the S&P Index than the Dow because it represents 500 stocks versus 30. Online Trading Academy teaches students to apply its core strategy of timing
market turns and moves to the S&P in its live trading rooms, as part of its Extended Learning Track curriculum.”
For more information about Online Trading Academy and to register for a free workshop, please visit
About Online Trading Academy
Online Trading Academy helps their students by revealing the truth about what it takes to become a successful trader or investor. Their core strategy
enables traders and investors to identify market turning points before they happen, with a high degree of accuracy. Students learn under the guidance of
experienced professionals in a hands-on, learn-by-doing classroom setting. In the Professional Trader course, students learn trading skills and then practice
trading live, in the classroom, with Online Trading Academy’s money, without paying commissions or risking their own capital.
Online Trading Academy offers professional instruction from experienced industry professionals, as well as a wide array of
beneficial home study materials to supplement classroom study. Over 200,000 investors have experienced Online Trading Academy’s Education with classroom
locations that include: Atlanta, Austin, Baltimore, Boston, Charlotte,
Chicago, Dallas, Denver, Detroit, Ft. Lauderdale, Houston, Irvine, Kansas City, Los Angeles, Milwaukee, Minneapolis, New York, Philadelphia, Phoenix,
San Jose, Seattle, Secaucus, Stamford, Tampa and Washington D.C., plus international locations in Dubai, Jakarta, London, Mumbai, Singapore, Toronto and Vancouver.
For more information, visit www.tradingacademy.com.