A young friend of mine was informed last Wednesday that her contract was not being renewed. She had lost her job. I felt very bad about that and wondered what I could do to help her out.

I was flying home from the Las Vegas Money Show on May 15th and I read an article in the Wall Street Journal, pg. W3, entitled, "A Lament for the Class of 2010." It relates the tale of a young man who went to an Ivy League college, graduated, but is now living at home with his parents and is now working "as an intern at a street fair on the Lower East Side of New York City."

The article goes on to say, "Over the next few weeks, hundreds of thousands of Millennials will graduate from institutions of higher learning. They will celebrate for several days, perhaps several weeks. Then they will enter a labor force that neither wants nor needs them. They will enter an economy where roughly 17% of people aged 20 through 24 do not have a job, and where two million college graduates are unemployed. They will enter a world where they will compete tooth and nail for jobs as waitresses, pizza delivery men, file clerks, bouncers, trainee busboys, assistant baristas, interns at bodegas." Imagine, spending over $200,000 on an Ivy League education and working at a job where you're competing with high school dropouts.

This article rang a bell with me because I had spoken to several customers at the Money Show who aren't going to let their children or grand children want for being self sufficient. They're teaching them how to make money in the stock market. The primary goal, of course, is to make life easier for mom and dad by building a fund to help pay for college, but they are also teaching their loved ones to become financially independent. And this brings me back to my young friend who just lost her job. Wouldn't it be nice if she knew how to make money in the stock market and didn't have to depend on a job as a sole source of income? Of course it would! So I'm going to invite her to be my guest at the next VectorVest Clinic given here in the Akron-Cleveland area.

But why stop there? Why not allow you to bring a guest, someone who is not or ever was a subscriber to VectorVest, to one of our One Day Investment Clinics free of charge? They'd learn more about making money in stocks in one day than they would had they read all the investing books sold on Amazon.com. So what's in it for you? If you're bringing a "stay at home college grad," it could save you a lot of money. If you're bringing a neighbor, an old friend, or anybody else who is not or ever was a subscriber to VectorVest, we want you to get more than just the satisfaction of doing him/her a favor. We're going to give you a $29.00 Savings Certificate which you could apply toward the purchase of any VectorVest Product or Service.

What could be better than that? Come to the Clinic. Learn a lot of good stuff. Enjoy Yourself and Bring a Friend Free.

SURVIVING THE TENTATIVE BOTTOM.
Does it pay to go with the flow? I would have to say yes because that's what we do. But the market gave us a head fake in mid-June that would have done LeBron James proud. Thanks to our Market Timing System we weren't totally faked out. I called the mid-June reversal a "Tentative Bottom" in my June 11th essay and let the Color Guard be our guide. Yes, it was possible to make money over the last few weeks and Mr. Dan Misch, one of our best instructors, will show us how easy it was to do. So visit the VectorVest University to see this week's excellent "Strategy of the Week" presentation: "Surviving the Tentative Bottom."