MARK BARHONOVICH

Marc Barhonovich's Classis in session:

It does not pay to argue with the market. Experience teaches that fighting the market can be a very expensive lesson.

Market index: Buy when market indexes are in an uptrend. This reduces your risk on the long side and improves the longevity of bullish moves in the stocks that you own.Know the rules...It just makes COMMON SENSE! When shorting, keep in mind that if a stock pays a dividend while you are holding a short position, you must pay back that dividend. Most investors are unaware of this simple fact but it makes complete sense. You are borrowing the stock and any dividend payment should be owed to the "actual owner" of the stock. This rule can mean the difference between profit and loss.When inflation is a concern, gold stocks tend to do very well. So, when inflation is on the move, look to the golds for golden profits.How long should it be? A cup and handle base should be at least six to eight weeks in length, starting with the first week closing down off the stock's top. What a great formation to trade!

Follow through day: When you get a follow-through day, signaling that the market is beginning a new uptrend, the vast majority of investors simply do not believe it's for real. They are scared to death and are so busy licking their wounds from all negatively of a downtrend they they are conditioned to doubt and be afraid of every rally. Many of the best bull runs start out this way.

Just like a good boy scout…BE PREPARED. A day of reckoning is coming and if we are ready… major profits will follow.