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November 2, 2017 | That’s Entertainment!

Rick Ackerman

Rick Ackerman is the editor of Rick’s Picks, an online service geared to traders of stocks, options, index futures and commodities. His detailed trading strategies have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders. Barron’s once labeled him an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case. He received a $200,000 reward when a conviction resulted, and the story was retold on TV’s FBI: The Untold Story. His professional background includes 12 years as a market maker in the pits of the Pacific Coast Exchange, three as an investigator with renowned San Francisco private eye Hal Lipset, seven as a reporter and newspaper editor, three as a columnist for the Sunday San Francisco Examiner, and two decades as a contributor to publications ranging from Barron’s to The Antiquarian Bookman to Fleet Street Letter and Utne Reader.

It took the Indoos six days of chop to consolidate for yesterday’s mellow breakout to a marginal new high, but the rally appeared nonetheless to be strong enough to end the week on an upswing. There couldn’t be many bears left at this point, least of all those who have put their money where their mouths are.  I have no strong convictions about this myself, although the nearness of a compelling rally target on the longer-term charts still gets my rapt attention. There are a couple targets that I’m watching now, actually, and all you need do to join in the fun is to click here for a free, two-week trial subscription. Head for the chat room once you’re signed up — and be sure to say hello.

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November 2nd, 2017

Posted In: Rick's Picks

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