http://www.stocklegends.com/stock-market-news-radio/

Hosts Quickdraw, Matt_Chart

Topics:
Dow Jones Crash Update. Traders in The Money!
Gold and Silver Technical OUtlook 2012
China's Yuan Sonn A Gold Backed Currency
Facebook IPO - The Worlds Biggest Pump n Dump?
Jp Morgan investigates itself. Nothing To See Here
Greek Bankruptcy Inevitable
Too Big To Fail Banks On Steroids
Occupy Bilderburg 2012

Welcome to The Stock Legends Radio Show! We are the go to, one of a kind source for the most current stock market news, economic analysis, financial research and information on the web! At Stock Legends Radio we take pride in giving our listeners the inside scoop and headliners away from the grasp of the everyday mainstream media. The shows hosts QuickDraw and Matt_Chart will take you on a wild ride and fill you with stock tips, education, and not the convoluted truths that you will hear from the your favorite TV stock market news portal.

Do you trade the small or micro cap market? Then you will appreciate our exclusive Ceo interviews from the hottest undervalued stocks! We are used as a portal often for public companies to release their best stock market news! When you listen or watch to stock market news through one of the mainstream media portals, you may not think of it but most of the content that you are receiving is filtered. At Stock Legends Radio we will bring you the inside scoop, find out what is really going on, not what you hear from your other stock market news portals. Matt_Chart our technical analyst will point out both technical and economic factors that may dictate your current investment positions. More times then not these indications will be accompanied by a custom report that will be stored in the reports tab above. These reports are a mix of stock market news headlines, technical indicators, and fundamentals. Matt_Chart has years of technical and economic experience and is one of the most educated and consistent technical analysts in the business.

Whether you trade the OTC, NASDAQ, Options, or Commodities you will find your go to place for updates on all aspects of the market and breaking stock market news. The Stock Legends Team has been on the front end of identifying subjects that many of main stream media avenues did not pick up and probably could not even understand. We covered rehypothecation and the impact it was having before there were any available searches on the subject through any stock market news or coverage rescource. When the MF Global debacle first hit the airwaves Matt_Chart pointed out that he felt MF Global was going to run and hide behind the rehypothecation rule for non institutional broker/dealers.

The underlying point is that the Stock Legends team doesn't bring you the jump on the bandwagon stock market news, our stock market news updates, analysis, and topics and dragged out of the depths of the darkest corners in the investment market to ensure that you are getting the very best content and information. This will put you ahead of the pack in the race to success and overall minimized risk.If you trade in the OTC we have exclusive Ceo interviews usually once or twice per week with the Ceo's of undiscovered undervalued OTC market companies! Get the quality information that you want and need fast and direct through our stock market news radio show.

Get there first, wait for the pack to show up and profit off of your trades. When listening to a Ceo interview you have the opportunity to get a feeling for the company, feel the passion or lack of behind the management of the company. See how the Ceo reacts to tough questions. All of these factors can be a great tool in any research phase of your analysis. Often making a large investment in a public company, especially Pinks and OTC is similar to buying a used vehicle without knowing how many miles it has or even what color it is.

The professionals at Stock Legends spend our days doing research and perfecting techniques to supply you with all of the toola that you will need to be personally successful! As you grow, we grow and we want to see each and every one of our listeners succeed and learn in the process.

I can tell you one thing, once you listen to Stock Legends Radio you will realize that you just found the ultimate resource for quality up to date stock market news and information!

Every Monday At 10:00 A.M. Eastern Time is our radio segment, we will send out email alerts for any intra week shows and interviews so be sure to sign up for our newsletter! Thanks for supporting our show and the best stock market news portal on the web!

http://www.stocklegends.com/stock-market-news-radio/

Why The Dow Jones Will Reach 11700 Sooner Than Expected

Stocks and Markets rise and fall in discernible patterns motivated by our collective emotions. These emotional patterns remain present in the markets despite Government manipulation through programs such as Currency Swap agreements with the EBC, Quantitative easing programs, and other monetary injections of capital into markets that are simply too numerous to catalog for the purpose of this article. These injections of capital will produce a overall positive trend in the markets, yet contained within the trend are periods of volatile downside risk.

This article will outline a comprehensive technical analysis of the Dow Jones Industrial Average (DJIA) using numerous methods to predict a likely move the DJIA will soon reach 11700 points. We will use trend analysis, Fibonacci retracements with support and resistance levels to determine our conclusion. If history is indeed a repeatable lesson to learn, it will lend even more credence to our thesis.

The Trend Is Your Friend Until It Ends

The chart below depicts two recent trends in the DJIA depicted by the dotted green upward slanting lines. The general rule with trend lines is that once they are violated, a move in the opposite direction will occur.

(click to enlarge)

The first green trend line follows along as a support, pushing the DJIA upward to 12876 points. After the rising trend line was violated in May of 2011, a new high failed to be reached, and we witnessed a very sharp pull back and the DJIA fell until it stabilized in the 10600 point area in September that same year. Let us take note of the grey horizontal lines which indicate Fibonacci retracements. Fibonacci retracements are common retracement patterns that stocks and markets can retrace to. Acquiring a calculation from the beginning to the end of a trend, common Fibonacci retracement areas are 38.2%, 50.0% and 61.8%. After the first trend ended, the DJIA crashed a near perfect 61.8% retracement.

The second trend indicated in our chart began at around 10600 points on the DJIA and lasted until around 13338 points on the DJIA. Our chart indicates that the trend line was violated in April 2012, and just two weeks ago failed to reach a new high. Currently the DJIA is being supported at 12700 points. It is worthwhile to note that a previous resistance had existed at this level. Technical analysis suggests that once a resistance level is violated, that same level will behave as a support. This is likely why this level has been chosen to act as a current and quite possibly temporary support.

Any violation of this 12700 support level will likely trigger a completion of the 61.8% retrace that will place the DJIA right near our target of 11700 points. Now that the upward trend has ended, history will repeat. The rules of technical analysis suggest that a subsequent downward move must now follow. This target prediction is reinforced as the DJIA had previously built up a very strong resistance at this level, and it likely will behave as a support in the future.

How To Profit From This Knowledge

You can short the DJIA and profit from it by purchasing shares in a reverse EFT and some examples are below:

DOG - Short Dow 30 DXD - UltraShort Dow 30 SDOW - UltraPro Short Dow 30

You want to be very selective on your strategy with this type of a setup to minimize risk as much as possible. Below are two methods you could use when determining your entry to minimize risk. Method one consists of patiently waiting at the 13330 point resistance area on the DJIA, expecting a eventual sharp pull back. Remember that A violation of this resistance area will offset any bear prediction and you will want to exit your short position immediately. Method two consists of waiting for the violation of the 12700 support level and entering just below it. We would want to exit if the price moved back above it to minimize our risk.

Whichever method you choose, remember you will be minimizing risk which is the way to succeed when trading the markets. If the trade moves in your favor, develop a strategy to maximize your gains. At Stock Legends we cannot guarantee a 11700 point DJIA, but if history repeats and the rules of technical analysis apply, it is a high possibility.

Be sure to stop by the Stock Legends Technical Analysis Chart School for free training videos and articles to learn more about technical analysis.

Free technical trading school here: click

Happy Trading

Matt Chart

At Stock Legends we want our followers to be as profitable as possible so we took the time to put together some basic trading rules for you to follow. We hope that you will use these trading rules to assist you in your trading to become more profitable trader.

Mastering Your Emotions

Mastering your emotions is likely the single most important concept that you will need to develop to be a successful trader. Humans drive markets, and when people rely on their emotions to make trading decisions they usually end up in A disaster situation. Markets are primarily driven by two basic human emotions, fear and greed. Mastering your emotions will be your most difficult task and you will not be successful until you master this rule and these other basic trading rules. There are rules to follow in every successful venture and these trading rules are no different.

Fear and Greed

Warren buffet said be fearful when others are greedy and be greedy only when others are fearful. There is a lot of truth to this statement, and all too often we allow emotions to make our decisions for us. If we operate on that basis of allowing our emotions to rule our trading decisions and ignore the basic trading rules, we will usually end up out with loosing trades most of the time. The key to being successful at mastering your emotions is to develop and write down a trading system that works for you, meaning your own personal strategy, and most important, to follow your system guidelines and these trading rules. If you put emotions aside, and simply focus on your strategy, you will dramatically increase your success. If you find that certain aspects of your system are failing, refine it and make it work for you. Most importantly over everything else is to take a few minutes each day and read these trading rules. They will assist you exponentially.

Analysis

Make sure you are familiar with both Technical and Fundamental Analysis.

Technical Analysis is using price, volume, support, resistance, moving averages, trends and many other indicators to determine a price forecast.

Fundamental Analysis of a business involves analyzing financial statements and health, its management and competitive advantages, and its competitors and markets.

Make sure you are familiar with both, as the more tools and knowledge a trader has in their disposal, the more successful they will be. If you can find a common ground between both of these forms of analysis you will be a more well-rounded trader. Look for good technicals, good fundamentals, and stick to the trading rules!

Patience

Patience is an important rule and can be broken down into 2 scenarios.

Selling too early can be the first mistake. Sometimes we get tired of holding a stock that we feel is climbing too slowly and seek for more profitable opportunities elsewhere and we sell too early. Before selling, look back and consider what risks you took when you originally made the entry. What costs were involved (broker fees). Ask yourself what uncertainty was there in the technicals and fundamentals at the time of your entry compared to now. Sometimes we fail to consider the risks we took of making that entry and overlook the opportunity at maximizing profits. Consider a stock may be slowly building momentum, and may increase over time. Although it is not a bad idea to take profits at any time, sometimes we lose sight of the future. On the opposite side of the coin, holding a dying stock can also become a skeleton in the closet. This is one of the most important trading rules there is. Cut your losses! the first rule to trading stocks is not to lose, a well-timed entry will put you in an immediate green position. Study this rule, if you are sitting red you either hesitated and now you are holding a bag or you missed a crucial piece of the puzzle while you were in your research phase. Remember these trading rules and especially the one just mentioned.

Buying on dips can be a great strategy but we also don't want to end up catching a falling knife meaning a dropping stock. A good example of this would be watching a stock price dramatically decline in value. A typical trader may feel the price may be oversold, and then watch their trading account also collapse after making a entry too soon. In most situations it may be best to wait and use technical indicators to determine if a bottom has been confirmed before taking an entry. Also always remember in most situations you can get out of a stock with liquidity in an instant. Don't allow the stress of a red stock to take control of your trading. This is one of the trading rules mentioned above. These trading rules need to be your bible, read them daily, make them part of your trading personality. Do not get trapped by the hype or emotions of the trade, always remember other traders will seem the most excited about a stock when they are trying to sell. Until you understand the psychology and these trading rules this can be a very confusing time.

Runners

Runners are stocks that run up in price. They can last anywhere from a few short minutes to several days, weeks or even years. The problem with trading them is that they are typically noticed by most people when the top is in. This is clearly a problem for those that decide to buy at the top. So what is the best strategy when trying to trade a Runner?

Get in early. When a Runner is first observed, the biggest mistake to make is waiting too long. Too many times we watch them go by, and say 'well I better jump in before it's too late.' By that time it usually is, your order is filled and the stock starts to reverse. If you had gotten in early, you could have been out near the top. It is always better to put in a stop loss and break even then to hold and end up red. If you are trading without a day trading account this is ok! You will be allowed four round trip trades per week. If you get in and out of one and break even give it another try another day. Do not convince yourself that you have to always be in a stock! This one of the major trading rules and will be a samurai death in your trading career.

Selling during a price run can also prove challenging. We all want to see higher prices, but the reality is that good times never last forever and eventually sellers come in and will take the price down. The key is to get out at the opportune time when the upward volume is still high. A trader can utilize various tools such as level 2 stock quotes which will give you an indication of the current supply and demand of the shares. When sellers begin to line up, clearly supply is outweighing demand and you can take your profits then. You can also use a combination of technical indicators or you can set a stop-loss. Whatever method you decide to use, determine it before you make your entry so you know when to take your exit. A professional trader will always buy his shares on the bid and sell them at the ask with smaller more consistent profits. We have all seen big 100% gainers, but would you rather lose 50% on 5 trades in a row in search of one 100% runner? One of the most important trading rules is that steady profit.

Stop-Losses

A stop-loss will lock in your prices, so when selling begins, you are taken out of your trade with a profit. Make sure the spread in your stop limit is large enough so that your order does not get skipped. This trading rule is important, if your stop limit order is skipped because only a market order is guaranteed you can find yourself in a panic position with no easy button. As one of the general trading rules you should set a stop on all orders immediately after a buy order is filled. Stop-Losses minimize risk, and the stock market is all about managing risks. This will lock in profits and minimize losses. Depending on the exchange you are trading on, you may not be allowed to set a stop-loss or trailing-stop order. For these instances you will need a 'Mental Stop' and is where you need to master your emotions once more and say to your-self. 'If the price falls to this level, I will exit my trade'. What we learned to do in these types of situations is to draw a line on the chart, once it hits that line you sell with no hesitation. No one is watching you; it is just you and the market. Have no fear. This is one of the most important trading rules. All too often we hold a losing trade and hope and pray that it will come back. We will be the first to tell you that we are all very religious, but the stock market is one of the few places God does not take part in. Praying won't help you here. This is rarely the case, and we are best of to follow our initial stop-loss trading rules.

Bounce Plays

Bounce plays typically occur in 2 ways.

A stock that has just ran up very quickly in price a lot of speculation and buying comes into effect here. Eventually, selling begins to take over driving the price down creating a panic as traders scramble to get out of a falling stock. This occurs as a lot of people are in a panic, and are selling based on the fear emotion and a perfect time to be greedy. The stock will eventually reach a bottom and then bounce some nice gains. One of the most important trading rules is to buy the fear and sell the greed. Sell into the volume and buy on the bid into the fearful selling once you are sure a bounce is coming into effect.

A stock has been trading sideways for a number of days or weeks. Next a negative news release or panic selling/short selling triggers a panic, the stock begins to sell and again, same rules apply as above. Emotions come into play, for fear of losing everything if they don't sell, and the stock at some point is oversold. I personally am not interested in holding a stock trading sideways, one of the best trading rules is that quick consistent ins and outs ensure a green portfolio. This is just my trading strategy though, what it yours? How will you incorporate these trading rules into your own personal trading strategy?

Learn From Your Mistakes

Everyone wants to become a professional trader and make profits to become successful. The day you stop learning from you mistakes is the day you will diminish your profits and ultimate goals. In all likely hood you will make mistakes, don't be afraid to accept this as a reality as this one of the most important trading rules. Do not be afraid to make mistakes, accept them, learn from them, and grow as a trader. Make sure your mistakes do not cost you dearly, minimize your risk while learning these valuable mistakes. One of the best trading rules to be taught is to continue to grow without being taken out of the game and losing your trading account. These trading rules are simply guidelines to assist you in minimizing the costs of your mistakes and to help you ultimately avoid the detrimental ones. Live by these rules, formulate your own personal strategy, and take names!

Become a Legendary Trader!

Stop by our FREE Technical Analysis Chart School at the follow link: http://stocklegends.com/technical-trading/

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Author: Matt_Chart

http://stocklegends.com/

Currency Swaps
Although this topic may have the charismatic brilliance of grandmas false teeth, it likely may be the most significant piece of financial news of the past several months to hit news wires. On November 30th 2011, the Federal Reserve, along with the European Central Bank, and the central banks of Canada, Switzerland, Japan and the U.K. all slashed U.S. Dollar swap rates by nearly half (1.08 percent down to 0.58 percent) to borrow U.S. Dollars to ease the European Debt Crisis.

Peter Schiff was adamant that this move is going to be a primary driver for precious metals and the US Dollar. "Today’s unprecedented announcement by the world’s most powerful central banks was a loud and clear bell ringing to buy precious metals...By reducing interest rates paid for dollar swaps, central bankers are in effect increasing the quantity of global dollars in circulation." I could not agree more with Peter and would also add that the EURO is also going to see significant changes in how it is traded in the following months.

Clearly from the following two Charts the EURO and US Dollar have been falling and rising respectively in near perfect inverse patterns. After the coordinated central bank announcement we are now witnessing technical reversals in both of these currencies.

The EURO after a technical double bottom appears poised for a rally and the U.S. Dollar has hit a double top and is now breaking down.


EURO Breakout

 


U.S. Dollar Breakdown

 


Effectively what the Central banks are saying is that the insolvent European financial intuitions will be allowed to continue down their paths of self-destruction at the expense of the U.S Dollars that are now being funneled in to the banks at very cheap rates.

U.S. dollars in Europe have been scarce, and it is possible that a large financial intuition may have been on the verge of collapse prior to this announcement.

Even Forbes.com is speculating this possibility, as this action is similar to what happened following the collapse of Lehman Brothers in 2008; yet the real facts behind this coordinated effort at this time remain hidden from public perception. "It appears that a big European bank got close to failure last night. European banks, especially French banks, rely heavily on funding in the wholesale money markets. It appears that a major bank was having difficulty funding its immediate liquidity needs. The cavalry was called in and has come to the successful rescue."


Precious Metals Breakouts

On the positive side, precious metals investors may finally have something to smile about. After the major metals markets peaked this past May, a long drawn out and seemingly endless multi-month consolidation period has taken place. The central bank action may be seen in the charts as creating breakouts across the board on all precious metals sectors. Palladium is leading the charge, with gold and silver about to breakout.

When new trends take place, it can be difficult to stop them and generally last the same period of time as their consolidation periods. Since tops were hit roughly 7 months ago, and we are about to embark on new rallies, we could expect renewed 7 month rallies should bring us into the third quarter of 2012 making our May highs appear like small cars from a airplane.


GOLD Breakout Chart

 


SILVER Breakout Chart

 


PALLADIUM Breakout Chart

 


QE3

Now, this swap agreement could in fact have limited impact and these trends could reverse sooner than expected yet there still remains the unforeseen and expected QE3 which may be around the corner. Societe Generale SA, the second biggest French bank recently released a report which they believe that the worse things get, the stronger the response by global central banks will be. They make the case that QE3 is around the corner and as we all know, QE is basically a currency debasement policy and will seriously devalue the U.S. Dollar and continue precious metals on their upward tear to the moon.

They see a two step process to enter QE3.

1) In January 2012, a major announcement with the Fed promising to keep rates at zero until unemployment falls below 7.5% or inflation moves above 3% on a sustained basis.

2) In March 2012, the announcement of another round of QE. We expect the next round of QE to be concentrated on MBS purchases and be worth about $600bn over six to eight months. This would increase the Fed’s securities portfolio from currently $2.65trn to $3.25trn by the end of 2012.sustained basis.

If you wish to read the 51 page report you do so here: http://www.scribd.com/doc/74069786/Socgen-Patience-Bad-News-Will-Be...


What is the long term precious metals outlook?

In my previous article last week I mentioned that my Precious metals exit strategy is a long ways away. Why? Well one of those reasons is because gold has not yet caught up to all the money that has been produced. You see, gold does a periodic accounting for all of the Fiat money in circulation.

It happened in 1933, in 1980 and in all ct will happen again. Take a look at the chart below and I think you will agree that for gold to catch up to all the base money in existence, we still have a long way to go, and that is if they stop printing today.




My advice, don't miss the train as the precious metal steam engine has fired up and is about to make its way out of the station.



Until next time, Happy Trading.

Matt (at) mattchart.com
StockLegends.com

Legendary Investment Research Report:

APII

Please Tune Into Stock Legends Radio Monday @ 10 AM For

Action Products International CEO Interview!

This Is Our Long Term Swing Play, Let Us Tell You Why

First and Foremost we want to say Congratulations on last weeks gains in regards to this Long Term/Swing play opportunity. At Stock Legends we feel that in order to be successful in this market we are going to need to focus on Hot Stocks with more than a one day outlook. We are re-working our strategy and looking for stocks with rapid advancements that we feel the community can benefit from over an extended period of time. Action Products International brought investors some great profits last week, and we are happy to tell you that this is just the beginning. Stock Legends is going to be highlighting Action Products International and keeping you updated with its progress through email and on our website weekly. Why? In our minds you can not get too much of a good thing!

This stock has everything from International attention for the Prime Minister of Bangladesh, to Google Relationships, and Letters of Intent with a printing company valued at over $28,000,000! From a technical aspect this chart could not be in a better position to perform, fundamentally the company has a new direction, new leadership, and a mission for success! This is not the first walk in the park for Action Products International, they have been in business for over 25 years!

Action Products International, Inc. (Pinksheets: APII.PK - News) is seeking to acquire or merge with companies with growth opportunity within the cloud services computing vertical. The company's business model is to bring together companies that deliver technology and services in applications, software, social media and infrastructure as a service.

Let's Take A Look The Bangladesh Opportunity:

Bangladesh ~

APII is looking to expand their operations internationally and are targeting Bangladesh..

Why expand to Bangladesh?  What do they have to offer? Bangladesh ranks as the 7th largest population in the world, Which is roughly half of the size of the United States! Not only that, they are far behind us as far as internet sophistication... The Boston Consulting Group is one of the world's leading business strategy and consulting firms that recently analyzed the opportunity here and projects the internet usage to EXPLODE from less than 995,000 in 2010 to 18.3 Million Users by 2020! Now that is explosive growth! This translates into 32 cent per household penetration to 66 cent business adoption.... Wow... This is an intense cloud computing business reach and the chance to capitalize on a huge developing market!

Here is a chart to display the increase in cloud opportunity on an annual basis:

 *Source International Monetary Fund and Boston Consulting Group

Would the Senior Delegates of Bangladesh visit a company directly that was not on the verge of serious advancement?

On September 23rd The Prime Minister Came To New York And Personally Met With The Ceo Of Action Products International

Letter Of Intent To Merge With Google Apps Reseller Vizzeco:

When most people scan across this industry chances are without doing a detailed search on the possibilities, most are missing the boat. "The cloud computing services market is expected to balloon to $222.5 Billion dollars over the next five years" according to a new report released by Global Industry Analysts making it one of the most profitable and rapidly growing business sectors in the world!

So what is this exactly?

Cloud Computing is broken into 3 basic sections as follows: Infrastructure as a service (IaaS) Platform as a service (Paas) and Software as a service (Saas). Basically this gives small/medium size business the capabilities to be able to operate as a full functioning major corporation would. Only paying for these particular aspects of the business AS NEEDED, and housed in a remote location. The costs of a full time IT professional now a days can be expensive, timely to train, and underutilized in the average business. These services would be handled remotely and professionally. Even though this is just one particular situation and use of a cloud service. SaaS specifically is a service provided by VizzEco meaning they can provide software services such as Accounting, CRM, Human Resources, and Content Management to business on an "as needed" basis! The profits are large and on the consumer side the savings and technilogical advancements are huge!

The CEO and Co Founder of VizzEco had this to say on their website about their feelings towards the Action Relationship:

"We also expect to work towards finalizing a merger between Vizzeco and Action Products International (APII)"

Not To Mention......... VizzEco is the ONLY Google Reseller of Google Cloud Apps in the world without Geographical limits!

Would Google allow less than the best offer their Cloud Services as a direct reseller? Could these huge strategic relationships benefit a company such as Action and their future returns for investors?

Letter Of Intent To Merge With Local Printing Associates and Co LLC, Valued At $28,000,000:

Local Printing Associates and Co have an extensive 8,000 domain portfolio that can be found on localprintdomains.com and have plans to team up and monetize these domain assets through leasing, advertising, and direct sales. "The domain assets alone, based on Google AdWords research, would appear within the first page on 60 million local search results per month at a cost per click value of 28 million dollars at ZERO cost to the company when properly built out".

How Will This Benefit APII?

Think of the Opportunity to "Cross Sell" here... When a company is starting the first thing they need is business cards right? Take the domain name miamibusinesscards.com for example. If searching "Miami Business Cards" this domain will be the top result, and the first clicked for business cards.. The possibility of reaching out to this company at their entry level stage and offering the full cloud computing service to cut even initial infrastructure costs in half is almost a given sale for services. Keep in mind, this search is a single example but only representing 1/8000th of the opportunity of the portfolio!!! Can you think of more strategical exposure than this!?  We Sure Can't !!

Would this relationship create an open door for revenues for a company offering cloud computing to small/medium sized business? Would this relationship not only benefit from the extreme value of the domain portfolio but the avenues and gateways opened for potential revenues?

Lets Take A Look At The Leadership:

Gary Polistena

Ceo Of Action Products International

"Polistena began his career with the United States Marine Corps where he was trained as a specialist in microwave equipment and technology. In less than four years, Polistena advanced to the rank of Sergeant (E5) and engaged with the Marine Readiness Acceptance Check (RAC) team as a Communications Subject Matter Expert. During his tenure with RAC, Polistena was responsible for ensuring the quality control and logistics of the 2nd Marine Division Prepositioning Force ~ A fleet of 4 cargo ships each filled with gear to fully support 19,000 marines in combat for 30 days. After an honorable discharge, Polistena remained within the telecommunications industry where he served alternately as Project Design Engineer and Project Manager for various telecom carriers and suppliers. During this period, he oversaw several large scale projects and installations (budgeted at $20,000,000 - $40,000,000) one of which remains on the books as the largest single market build-out in wireless history"

Can you think of anyone better to follow into battle than a polished United States Marine Corps Veteran?

Being a Marine myself I sure can't... This is the most trained, elite, and tactical machine of a man this world can create......

Aziz Ahmad

Newest Member To The Board Of Directors

President and Ceo of UTC Associates inc, A company he co founded in New York City. UTC is a leading systems and network integration company and developer of software for information technology and telecommunications applications. An accomplished businessman and network architect, Mr Ahmad was the lead architect of AT&T's VOIP Networks.

Summary Of Legendary Opinion:

We at Stock Legends feel that there is an opportunity for maximum profits both short term and long term when investing in Action Products International.  This is why we enjoy investing in penny stocks, there is a unique chance to get in on the ground level in breakout plays with rapid advancements.  There are very few investments that can yield you multple times your initial invesment in such short periods of time.  Action Products International seems to have a solid direction, business plan, and leadership to make the investors return on investment favorable.  As always we will continue to search out plays on the verge of a major move, so in return you can benefit from Legendary Stock Gains!

Lets Take A Look At The Stock Chart Technicals:

The first technical indicator that we want to bring your attention to is the MACD buy and sell signals. This is one of the more generic indicators although very easy to follow. If you notice the vertical red line that was created at the point where the Green MACD line crossed under the Red line, this generated a Sell Signal which is followed by a huge drop in share price. Yesterday the MACD Green line crossed above the red line indicated a Buy signal, hugely favoring an imminant run! On September 28th the signicificant drop in price and red trendline on the candlesticks was broken with a large green candle therefore reversing the trend and indicating that an upward move and reversed trend would be occurring. The lowest indicator on this chart setup is the accumulation line which has reversed it's selloff position and has started to change trend and show that investors are quickly accumulating more and more shares before this run occurs...

In our opinion when reviewing this chart, there is only one way to go.... Next resistance line is marked by the red line reaching from the left side of the chart to the right and that is at .26 cents! Once this resistance has been broken, this level will become our new support for gains in PPS in excess of .25 cents - .34 cents....

This Stock Chart Is Screaming Buy Me...