We had no sooner completed our work on nailing down the exact procedure for "Climbing the Golden Staircase" than we learned of a stunning presentation on Swing Trading. The presenter claimed to have earned over 30% profit last year on 48 trades with no losses. 100% winners!

The presenter was Ms. Haleen Uptain, a VectorVest subscriber and member of the Kansas City VV Users Group. We invited her to Charlotte and she recently gave the presentation to our management team. We were very impressed. Make no mistake, Ms. Uptain's swing trading system is the real deal. There are no gimmicks, just sensible rules and procedures. She designed her system so precisely and completely that anyone could use it to make money. Ms. Uptain works full-time, so she takes about 30 minutes each evening to plan and place her trades and that's it. She never deviates from the system. She says discipline is of utmost importance.

Ms. Uptain enjoys working with her system and wants to share it with others. So we agreed to create an event called, "The One-Day Precision Investing Seminar." This seminar will feature two trading systems: "Climbing the Golden Staircase" and "Swing Trading to Perfection," Each system is unique, yet has several things in common with the other: Each depends upon VectorVest for its market timing, stock analysis and search engine. Each system is precisely defined, spells out rules and procedures for knowing when, what and how to trade. That's why we call it Precision Investing.

P.S. Each system can help you make a lot of money.

THE WEDGE.
A daily graph of the VectorVest Composite, symbol VVC, shows that a classic Wedge Pattern of lower highs and higher lows has been formed since January 10th. Wedge patterns are the result of uncertainty by investors of where the market is headed. In this case, the pattern shows the successive lows rising faster than the highs were falling and is considered to be a bearish pattern. Today's trading of a double reversal certainly supports the thesis of uncertainty, and it wouldn't surprise me to see a test of the January 22nd low. So be prepared for a break-out from The Wedge.

CYA WITH COVERED CALLS.
Boy has this been a nasty market, up, down, up again, down again. But through it all, some stocks keep doing well. And they are tempting to buy. I wouldn't recommend it, but if you do buy stocks in this market, make sure they're optionable, so you can protect your behind. Ms. Angel Clark shows us how to mitigate risk in this week's "Strategy of the Week." Visit the VectorVest University for a wonderful presentation.