The Quantum Leap of Quantum Computing

The rate of technological change is accelerating.

Yes, I know. It's been said before, but it bears repeating. The reason is that we tend to assume that progress will continue as an upward sloping straight line. It won't, in fact, it will be much more rapid ― even exponential at times.

Think about the changes in computer technology we've seen in the last few years. Computers have been getting cheaper and faster in relatively predictable ways for a while now.

Don't be lulled.

The electronics and computing industries are getting primed for a massive transformation in the years ahead. Quantum technologies that were only theories in scientific journals just a few years ago are being prototyped in labs now. These new components will change the way we live forever. They will also create transformational profit opportunities. If you missed the chance to buy into the computer industry when it was young, this is a second shot.

Currently, the mainstream electronics industry processes data by moving bunches of electrons about in huge batches. Think of the components in your PC as electrical plumbing. Data are usually stored as batches of electrons. Imagine your computer's hard drive as a bunch of very small buckets, some full of water, some not. This will change.

Improved materials technologies from emerging nanosciences are allowing us to replace batches of electrons with the smallest individual unit: the electron. As a result, computers will work at far higher speeds. Additionally, far less electricity will be required to do the same amount of work.

Much of this exciting news is being ignored by the market. It's an unfortunate truth that investors often lose sight of long-term opportunities to create wealth because they get distracted by the short-term noise and news in the markets. When it comes to big transformational technologies, don't worry about timing. The returns that disruptive technologies yield justify getting in early.

Quantum Superposition

One important quantum effect that will be used in future generations of computer technology is "quantum superposition." In a nutshell, this means that a quantum particle can exist in multiple states and everything in between at the same time. This is because a quantum particle, such as an electron, behaves as both a particle and a wave.

Have you heard of the particle wave theory? In practical terms, it means that bizarre and counterintuitive effects occur on very small scales, and they can be harnessed.
 
This "quantum superposition" effect will, for example, utterly transform how we do "computer math." Currently, nearly everything done by computers is done in binary. The smallest piece of information a computer handles, the bit, is either one or zero, something or nothing. A quantum computer, though, would be able to store and work with number systems other than binary.

This means computers would become exponentially more powerful because each "quantum bit" (qubit) could store a much greater range of numbers than the two that binary math restricts us to. Imagine a laptop with the computing power of the world's 10 most powerful supercomputers. Then you begin to grasp the potential of quantum computing.

Decoding Quantum Encryption

Quantum computing also offers the means of making our communications and business transactions far more secure than they are today. Quantum cryptography exploits several remarkable effects of "quantum entanglement." One is the ability to generate pairs of utterly unique and unbreakable keys. Basically, two random but identical particle keys can be created using entanglement. Since reading a quantum particle alters it, any effort to eavesdrop on communication is detected and that communication is either disrupted or ended.

Using this technology, we can create completely secure communications networks. Recently, Toshiba's R&D labs announced the successful testing of quantum cryptography over fiber-optic networks. Austrians were able to send entangled photons between two Spanish islands nearly 90 miles apart.

Spintronics

One of the likeliest quantum technologies to go mainstream is the field of spintronics. This is the exploitation of different electron states. The only property of the electron that we use in electronics now is charge. Electrons, however, have another property called "spin." Because we can change and read this spin, it can be used to compute. Already, the tech giants are investing in this technology. And there's a reason.

I've written a lot about HP's work on memristor technology. Memristors are going to provide the next great leap in computer technology. HP has been making rapid and well publicized advances. It could, in fact, have product on the market next year. This initially concerned me because HP is too big to get us anything close to a memristor pure play.

Fortunately, memristors can be built using techniques other than HP's. My associate Ray Blanco has been poring through patents and tech journals. What he's found is enormously exciting.

Basically, a number of other groups have made similar memristor advances using different technologies. One is based on spintronics. The big question now, however, is not which of these technologies will emerge as the best solution. The question we're looking at today is who will build these new components. Who, in effect, will be the Intel of the future?

 

Patrick Cox will be making his first appearance on the Whiskey Bar panel this year at our annual Agora Financial Investment Symposium. He'll be there along with our other regular Whiskey contributors like Byron King and James Howard Kunstler.

This year is extra special, Shooters, because we're celebrating Ten Years of Reckoning. It's the tenth anniversary of our flagship newsletter The Daily Reckoning (and of the symposium itself) and we mean to make the occasion special.

A Shooter sends this:

Gary,

Keep up the excellent work.  A quick question about the 10-year anniversary gala… Unfortunately, I won't be able to make it (bummer!). Are you planning on making any of the sessions accessible via the internet (can we watch/listen in over Webex)? Send in questions via email? In short, for those of us unable to travel to Vancouver, is there any way to participate?

Thanks for the kind word. Short answer: NO!

Sadly, in order to get all the good stuff ― stock picks, recommendations, analysis and ideas, networking opportunities, and the ineffable joy that is Agora in Vancouver ― you have to be with us in Vancouver.

BUT we will be doing daily email updates and we're considering some real time updates from your roving Whiskey Bar manager via Twitter. We may also post some video clips on YouTube, but if you want to participate, you simply have to be there.

I don't care how you get there. Just get there if you can.

In other news…

Baltimore got edged out of the number one spot.

That's right. Among cities with over 500,000 residents Detroit just barely eked out a victory over Charm City with 37.4 homicides per hundred thousand residents. Baltimore managed only 36.9. We'll get 'em next year!

Traditionally, young black males have been the group most represented in that impressively high murder rate, but that may be changing in Baltimore…

Gangs of black teenagers have taken to attacking white residents and tourists at random in Baltimore's moneyed neighborhoods. A couple of particularly vicious attacks took place just a couple of blocks from your editor's heavily fortified domicile.

I may or may not be inoculated from harm by my race. Hard to call it. This is why I normally only leave the Whiskey bunker to forage for food.

I'll do my best to stay alive and intact over the weekend so we can meet again on Monday.

Monetizing Debt: the Grandest of Larcenies

"Either cuts in spending or increases in taxes will be necessary to stabilize the fiscal situation," said Ben Bernanke in response to a question posed by a member of Congress. Then, he added...

"The Federal Reserve will not monetize the debt."

That last sentence has a ring to it. It reminds us of Richard Nixon's "I am not a crook." Surely, it is destined to make its way into the history books, alongside Bill Clinton's "I did not have sex with that woman" and the builder of the Titanic's "even God himself couldn't sink this ship."

Monetizing the debt is precisely what the Fed will do. But it will not do so precisely. Instead, it will act clumsily...reluctantly...incompetently...accidentally...and finally, catastrophically.

That's our prediction, here at The Daily Reckoning. Prove us wrong!

In today's reckoning we describe why you don't have to be an astrologer or an economist (the two are similar...except the astrologers have more professional credibility) to see what is coming.

First, a look at the market. Yesterday, investors seemed to think it over and change their minds. Their first reaction - on Wednesday - to Geithner's reassurances to the Chinese and Bernanke's reassurances to Americans was positive.

"Maybe these guys are on the level, after all," they said to themselves. "Maybe the dollar won't fall apart."

But after 24 hours of deep reflection and heavy drinking they came to their senses: "What was I thinking? Of course they're going to undermine the dollar...what else can they do?"

So yesterday they were back at it - buying assets that are priced in dollars but that move in the opposite direction. The euro went right back to where it was at the beginning of the week, at $1.41. Gold, which had lost $18 on Wednesday, recovered $16 on Thursday. Oil had slipped $2 after Bernanke's comments; yesterday, it gained $2.

Stocks rose too - with the Dow up 79 points.

A friend sent a recent report from analysts with Barclays Bank. Barclays is advising private clients that the "bear market is probably over."

Anything is possible, of course. But for the many reasons we've described in these reckonings we doubt that we've seen the last of this bear. Or the last of this recession. What we've seen so far is merely a classic post-crash bounce. Nothing more.

Which is WHY the Fed will eventually monetize the debt. "Monetizing" debt, by the way, is larceny on the grandest scale. Rather than honestly repaying what it has borrowed, a government merely prints up extra currency and uses it to pay its loans. The debt is "monetized"...transformed into an increase in the money supply, thereby lowering the purchasing power of everybody's savings.

Of course, the Fed will not want to do such a dastardly deed; but it will do it anyway. Even good people do bad things when they get in a jamb. The feds are already in pretty deep...and they're going a lot deeper.

Now over to Ian at The 5 for some news on today's jobs report:

"The U.S. economy shed 'only' 345,000 jobs in May, the Labor Department said this morning. We forecast Wednesday that today's employment gauge would beat expectations, but wow...this number smashed the Street's guess of 520,000. Last month's loss is the smallest since it all hit the fan last September.

"May's number establishes a trend for 2009, too. The jobs scene is far from rosy, but at least it doesn't seem to be getting worse...not yet anyway.

"So 'Buy, buy, buy!' as they say in Cramerica, right? U.S. index futures jumped on the news and the Dow and S&P 500 opened up 1%. And if you aren't the type to be bothered by the fine print, we suggest you slam the buy button too.

"But the details of today's jobs report aren't quite as rosy as the headline number. The unemployment rate rose to 9.4%, notably higher than the expected 9.2%. In other words, the unemployed are not being rehired. While the rate of firings cooled off, the bread line is just getting longer and longer. 9.4% is the highest rate since 1983.

"And it's funny how the dark science of charting works. The chart above would lead you to believe the jobs scene has bottomed...but does this one inspire the same confidence?"

Wanna make sure you get The 5 - in its entirety - sent to your inbox, every Monday through Friday? You can...by becoming a subscriber to one of Agora Financial's paid publications, such as Capital & Crisis. And in the latest report of C&C, you'll discover a little-known way to receive up to three extra paychecks a month...without lifting a finger. It's the perfect way to ensure a constant influx of money, whenever you may need it. Click here for all the info.

And back to why the Fed will monetize the debt:

The European Central Bank came out yesterday and said that its forecasts for the recession were on the low side. Instead of putting total output back 3.5% this year - as it had estimated in March - it now thinks the setback will be between 4% and 5% of GDP.

Unlike Japan's slump of the '90s and '00s, this depression is worldwide. Americans aren't buying like they used to. So, foreigners aren't selling. Everyone gets poorer as expected income and profits disappear...and turn into losses.

Meanwhile, in America, today's jobs report shows that unemployment is still on the rise. People without jobs can't buy stuff - neither the kind of stuff you get at the grocery store...nor the kind of stuff you get from real estate agents. Since they don't buy stuff, manufacturers don't make stuff. And since they don't make stuff, they don't need the stuff that stuff is made of, nor the employees who turn the raw stuff into the finished stuff.

Result: the stuffing gets knocked out of the economy.

Also, while Tim and Ben reassure investors, long bond yields go up. The Chinese have shifted from buying long bonds to buying short bills. This causes the return on bills to go down, but it pushes up yields on the 30-year bond...to which long-term fixed-rate mortgages are calibrated.

Last week, according to Freddie Mac, the average 30-year mortgage had a fixed rate of 4.9%. This week it's 5.27%. At the margin - which is where most people live - this extra cost of financing pinches would-be homeowners. Either they buy a smaller house...or they pay less for it.

It also pinches anyone who needs to refinance - which includes not only sub-prime borrowers, but many others too. MSN Money reports:

"The next group of Americans to lose their homes seemed to have good credit and affordable loans. But those families have been walloped by the recession.

"In the housing market, a lot of prime mortgages are becoming subprime as a new wave of foreclosures begins to hit. Mainstream homeowners - those previously 'safe' borrowers with sound credit who have conservative, fixed-rate mortgages - are getting into trouble at an alarming rate.

"In the first quarter, the percentage of these borrowers who were behind on their mortgages or in foreclosure had doubled from a year earlier, to nearly 6%. For the first time in the housing crisis, these homeowners accounted for the largest share of new foreclosures.

"Job losses are a major reason once-safe borrowers are falling into trouble. With unemployment likely to rise, the problem will only get worse. So the core challenge at the heart of our economic crunch - a poor housing market that infects banks and the whole credit system - is not going away soon. That's bad news for the stock market and the economy in general.

"'A couple of months ago, a lot of people had hoped that the housing collapse was about over,' says money manager and forecaster Gary Shilling, a well-known bear who called the housing problems early in the cycle. 'But it was more hope than reality.'

"Economists call rising delinquencies and foreclosures among prime borrowers the third wave of trouble. The first two waves were housing speculators going bust and subprime borrowers - those with poor credit histories and some version of no-down or low-down adjustable-rate mortgages - getting into trouble.

"Mark Zandi, the chief economist for Moody's Economy.com, calls the third wave a 'significant threat' to the economy. '"It is gathering momentum,' he says. 'The problem is now well beyond subprime and deep into prime.'"

Following this article was a series of comments. One, filed on Wednesday, was particularly interesting:

"This is my world crashing down on me. I own apartments and I rent to poor people. I more than most know what people are experiencing. While my properties are struggling, the income they generate has not dropped significantly to threaten the payment of any loan. Unfortunately, my loans are due this year and I am simply unable to borrow money to replace the loans I am currently servicing successfully. What can I do? All my capital reserves are gone, but effectively, I am losing my job because the banking system and market will not allow me to borrow money. If you bought my property today at the current market rate, your cash on cash return would be over 15%. This type of return in the Atlanta Real Estate market has not been seen in decades. When employment growth rises in Atlanta in 12 to 24 months, the cash on cash return will be over 20%. I probably will not survive. I will lose everything, my house, my business and my savings. I will have to start all over..."

Now, dear reader, we ask you a question: Is a politician from either party willing to stand in front of this man and tell him that interest rates are going up? Or how about telling him that Congress is raising his taxes? Even if the goal were only to balance the budget ten years from now, it would take a permanent, across-the-board tax increase of 60% to do so. (See below...) Would any politician in his right mind vote for such an increase? Ben Bernanke talks about cuts in spending and tax increases. But Bernanke is not up for election. Besides, practically every economist in the country in telling Congress it needs to spend MORE money, not less. Cut spending and increase taxes in a recession? Are you kidding?

We are in a serious, multi-year depression. No increase in taxes and no decrease in spending will be seriously considered until we are out of it. But if it follows the patterns of the past, then genuine, durable healthy growth will probably not return for many years...maybe 5...maybe 10...maybe 20. Long before then the US will have too much debt to carry...let alone pay back. It will have no choice but to "monetize" this debt by means of inflation.

We'll tell you more of the HOW...on Monday.

 

This week brought an entertaining episode. Wall Street's man in Washington, incidentally Secretary of the US Treasury, was sent to Beijing. His mission: to convince the canny Chinese of something that everyone knows is untrue - that US bonds are safe. But if the Americans keep faith with China, it won't be for lack of trying.

Of US government paper China has plenty. Bond holdings alone tote to $768 billion. Other dollar-denominated assets in Chinese hands add another $700 billion or so. Despite this Newcastle in its vault, the US would like China to buy more coal.

But lately, those dollar holdings have done poorly. Thanks, supposedly, to the economic rebound, the dollar has fallen against just about everything. Against gold, it is down 15% in 2009. Against oil, it is off 50%. As for copper, the dollar has lost 65% of its purchasing power. Thirty-year US Treasuries have fallen too - down about 27% since January. A rough guess is that China has lost more than $200 billion so far this year, thanks to the fall of the dollar and US Treasury bonds.

Martin Wolf, in the Financial Times, says these trends are signs of progress. "Rising government bond rates prove policy is working," begins his line of thought. Spreads between corporate bonds and Treasuries are narrowing. Real yields on corporate bonds are falling while yields on Treasuries go up. "Normalization," he calls it; investors now expect inflation instead of extinction.

The rise in inflation expectations is clearly visible in the US bond market, where inflation-indexed bonds are once again selling for substantially higher prices than their non-indexed cousins. Towards the end of '08, the bond market anticipated zero inflation. Now, the latest figures imply a 1.6% positive inflation rate over the next 10 years.

If inflation doesn't show up as forecast it won't be for lack of effort on the part of Mr. Geithner and his friends. The US deficit for the current year is $1.84 trillion. Every two months, the feds need to borrow nearly the equivalent of the previous entire year's record- breaking deficit. And if private lenders balk, the Fed stands ready to raise its own hand at the next auction of US government debt.

The Chinese are worried. They've put a lot of eggs in the basket now being carried by Geithner, Bernanke et al. What if Team America isn't as surefooted as it claims?

"It will be helpful if Mr. Geithner can show us some arithmetic," said Mr. Yu Yongding, described as a former advisor to the central bank of China.

Mr. Geithner showed up with numbers, of course. From a deficit of 12% of GDP, the US plans to take its deficit down to 3%, he said. But when he delivered this solemn fib at the University of Beijing the students laughed at him.

American Secretaries of the Treasury are not used to being laughed at. Almost 40 years ago, a US Treasury Secretary - John Connally - expressed the imperial view: "it may be our currency, but it's your problem." Even after the crack up in the fall of '08, the US continued in the fantasy that it could lay off as much paper on the foreigners as it wanted.

The aforementioned Mr. Yu Yongding addressed this point directly:

"I wish to tell the U.S. government: 'Don't be complacent and think there isn't any alternative for China to buy your bills and bonds... The euro is an alternative. And there are lots of raw materials we can still buy.'"

China is hedging its bets, buying assets that don't have dollar signs on them. Along with shrewd speculators, they're worrying about a government-fueled melt-up in prices. These anxieties - not a return to 'normalcy' - are sending the price of gold back towards $1,000 and the dollar towards $1.50 per euro.

Inflation, like cholesterol, comes in two forms - good and bad. The good inflation raises asset prices. The bad inflation raises consumer prices. No one complains when prices of houses and stock are rising. But when toothpaste and bread begin to follow, an alarum goes up. Soon, central banks are taking action to stop it - raising interest rates and credit standards. But this time it is different. Both types of inflation are welcome. Harvard economist Ken Rogoff says he advocates 6 percent inflation "for at least a couple of years." It would make it easier for debtors to repay loans, he says. Economist John Taylor, of the eponymous 'Taylor rule' gives another reason inflation would be well met. He points out that running a balanced US federal budget - even 10 years in the future - would require a permanent 60% tax increase. "A 60% tax hike won't happen," he writes. "The government will attempt to inflate the problem away instead." Even Warren Buffett told CNBC that the likely solution to America's problem was inflation.

Yu countered: "You should not try to inflate away your debt burden..." But that is exactly what the US is trying to do. So far, it's not good faith that protects China's dollar assets. It's a depression...and incapacity. The Geithner team tries to create inflation, but hasn't yet got the hang of it. Give them time.

Stocks Cannot Hold Modest Gains

After a string of upside weeks, we finally had a down week. There's nothing wrong with that. After 30% gains and more, getting a little downside is no problem at all. In fact, it's healthy. We're going to make some money from the downside, and thus the downside becomes a positive. We always take whatever the market gives, whether it's upside or downside, we're going to take it. And with the market primed to give us downside, that is exactly what we want to look for. We like to look for those easy setups where we can just walk up and pick the money up off the ground. If we can do that, that's great. We did that with the Potash, the POT play this week; the money was there on the ground, we stepped up and picked it up. Got to love that.

As for Friday, it was really what we expected and what we wanted. We had that big down day on Wednesday -- it's expiration week -- and sometimes you get the big moves mid-week, and that's what we had. Friday was rather calm. It was up, at first, as we thought it would be, and then it came back. We didn't really know if it was going to come back Friday or not. As top stocks market went ahead and declined that gave us a chance to move in and get into some downside positions, to position ourselves for next week. We got a little Amazon, we got a little Apple, we got some of the Q's (QQQQ) to the downside to get ready for more of the downside move. We were getting in position for what we think will be a down Monday as the downside resumes. We also have some continuing upside plays with some pulling back, some continuing higher. CME was down Friday, but it was a great mover for us this week. As a matter of fact, this week we had a bunch of good moves that went to the upside, even when the market was going down. We had Potash. We had CME. We had Amazon to the downside; nothing wrong with going with the market direction. That was nice. We doubled up on some more of Amazon puts Friday. We took some Priceline gain off the table as retail was having some issues. Digital River gave us some more gains. That's the way we do it. We let them go up, we take some gains as they go up, taking money off the table as key moves are made. But we still get bigger gains, because we're leaving some on the table as we go. As long as the stock remains in its trend, whether it's up or down or sideways, we can make money by just letting some of the position run for free after we bank some nice gain on strong surges. That's what we've been doing, and it pays off; we had a good week that way.

As for Friday in specific, we had a lot of economic data. We had the CPI. It was basically in line, but the core was hotter (no food and energy), and it was hotter at 0.3% versus the 0.2% expected. We had the New York PMI. It was much better at -4.55. Still contracting, as is all the economic data, but it was a lot better than the -14 prior, and the -12 expected and showing that little bit of improvement. Again, slowing on the way down, slowing the fall into the abyss. Indeed, it no longer looks like we're going to fall in the abyss. Just the ditch. That can hurt too, but not as bad as never finding the bottom.

CME (CME Group, Inc.)
Company Profile
Once more the market was seeing if anyone was watching. The action was toppy with many top stocks for 2010 rolling over for a needed correction, but the market was again laying some money on the ground to the upside and seeing if anyone was going to take it. We have made some great money on CME and it is one of those top stocks of 2010 that is a 'watch,' i.e. it is on our short list of top stocks for 2010 that we always look at no matter what. Why? Because it can run like a deer to the upside or fall like a rock, ripping off big chunks of real estate when it does. When it sets up, get ready.

We just played CME off of the 50 day EMA, and thus were watching as it tested that surge. Ironically, on Monday it showed a perfect doji at the 10 day EMA, the set up we love. We SHOULD have been anticipating this after the action to end the prior week and been ready to enter when we saw the doji Monday, but sometimes, just sometimes, the market is very generous: it laid the money on the ground and it gave us a second chance to pick it up.

We put CME on the report Monday night. Tuesday CME gapped higher and did not come back to test much at all on the session. That didn't give us much to work with, but we did like that the stock was holding over the 200 day SMA in the last hour. We moved in with options given the stock price (near $250). We bought June $250 strike call options for $16.20 when we saw that CME was going to hold the 200 day SMA and on strong volume into the close. Given the gap and the less than optimal entry point, that was important for continued upside as it showed enough strength on the break to continue the move.

It was. CME blasted higher another $15.60 on Wednesday, building some excellent gain into our options. Thursday CME surged higher again, gapping out of the gates and running toward $300. It started to stall after another big surge, putting the 3-day move at over $50. For any stock showing three strong, outsized gains back to back, it is time to take some money off the table. We sold some of our options for $37.20, netting $21/option or 126% gain in less than three days. Did I mention CME runs like a deer? Very nice way to end a week in a down market, and all we did was take what the market was giving.

We also had some other great plays for the week. Once more we ran to the POT, or Potash, picking it up as it completed a test of its late April break higher. It moved laterally for a week, tested the 10 day EMA on an intraday move and started to bounce. That was our signal to get in and we jumped in with some stock and September $95 Strike call options at $11.50. We also sold some May puts for $2.80. POT blasted higher again, surging 13% through Thursday. We sold some of our options for $18, banking a 56% gain. We sold some top stocks for an 11.5% gain, and on Friday those puts we sold expired worthless and we kept the entire $2.80 per share. We tripled up on POT and our cup overflowed. Better than the pot, eh?

STOCK SPLIT PLAY

Playing stock splits can be very profitable, but it takes know-how. Our stock split service focuses on three main types of plays:

1) pre-announcement (where we forecast an upcoming split prior to the company making the announcement); 2) pre-split (these plays are made in the days leading up to the actual split day); and 3) post-split plays (plays made after the actual stock split where the stock is showing continued or renewed strength).

For post-splits, we can play them as we would pre-splits (very short term), but we prefer to stretch our horizons, playing the trend. When playing options, we look further out, 2 or more months at least. We let the trend carry us along if there is one, but we will also take profits if the technical pattern degenerates, e.g., breaks a trendline. The main difference between post-splits and pre-splits plays is that we really have to like the pattern. Pre-splits can run right before their splits even with poor technical indicators. For post-splits, we are looking at the best stocks 2010 from more of a longer term "would I buy this stock at this juncture?" position. Now there are times when a hot stocks splits and investors pile in to get in while the stock is 'cheaper.' We play those, but with more of a short-term, pre-splits mentality in that we will be ready to get out fast if the momentum fades.

Remember, everything we do has to pass muster with the market that day ... don't fight the market on these plays.

IDXX (Idexx Labs--$40.80; -0.21; optionable): Diagnostic substances
Company Profile
After Hours: $40.80
EARNINGS: 07/24/2009
STATUS: Test 200 day SMA. Broke out of a rolling trading range in late March and rallied nicely on into early May. It paused some at the 200 day SMA (39.61) on the way up, then bolted to 44 before fading back last week. It held over the 200 day and indeed closed just over the 18 day EMA Wednesday to Friday. Sitting right on top of the late April lateral move below the 200 day, a level that also matches the mid-October lows. Looking for that support to hold this week on some more testing and then for IDXX to rebound and continue the breakout move. Very nice.
Volume: 463.325K Avg Volume: 575.965K
BUY POINT: $41.65 Volume=700K Target=$47.55 Stop=$39.39
POSITION: UID GH - July $40c (54 delta) &/or Stock

MON (Monsanto--$89.95; -0.08; optionable): Ag chemicals
Company Profile
After Hours: $89.95
EARNINGS: 06/24/2009
STATUS: Test breakout. MON was on the report recently, but it gapped away and required us to be patient and wait to see how it reacted to the gap. MON has held the gap, now moving laterally, testing the late March peak on the lows and rebounding. Very solid action as ag top stocks 2010 were stronger all week (see POT). Likely to continue testing laterally for a few sessions, and when it finishes and makes the break higher we move in. Nice higher high after the November low shows plenty of support for MON. Just spent $97 for a gallon of the super concentrated Round Up. Don't they know there is a recession going on? Doesn't seem to matter, huh?
Volume: 6.211M Avg Volume: 6.853M
BUY POINT: $91.04 Volume=8M Target=$103.45 Stop=$87.21
POSITION: MON GU - July $90c (52 delta) &/or Stock

Have You Heard of “Blue-Sheeting”?

Two of our good friends and colleagues (Tom Dyson and Brian Hunt) just told us about a Chinese small stock that's getting ready to take off...

What's so fascinating isn't so much that this stock has a track record of periodically shooting up by as much as 320-times in value...

What's really interesting (to us at least)...is how Tom and Brian have been finding small top stocks 2010 like this one.

Typically, I stay behind-the-scenes...

But this idea is too good - and too important on a personal level - not to share it with you myself.

My name is Brian Hunt.

I'm the Editor in Chief of Stansberry & Associates Investment Research.

Late last year, my colleague, Tom Dyson, and I discovered a new and unconventional way to generate unusually high returns in this extremely volatile market.

(So far, we've had an 83% success rate.)

We expect that this radical technique will continue to perform at this level for approximately the next 12-18 months.

Then, like all great investment strategies, the time will pass.

That is why, on June 16th, we will begin publishing our insights for the general public.

I'm writing you today because from now until then, we're offering loyal readers first crack at membership � at a substantially reduced price, which we will never offer again.

Because our new research involves many of the smallest and most illiquid securities on the stock exchange...

We're limiting charter membership to what will most likely be a small group of folks.

But I'm getting ahead of myself...

Let me show you what's going on, why we're so excited at S&A Research... and what's in it for you...

Introducing "BLUE SHEETING"

As I mentioned, about 9 months ago, my colleague, Tom Dyson, and I discovered a radically new way to make money in the stock market...

We call it "BLUE SHEETING."

In more than 12 years of active trading, I've never seen anything quite like it.

When this strategy works, it's not uncommon for you to see returns of 1,000-3,000% (or more):

Phoenix Companies (PNX) shot up 1,000% in 2 months.

Diedrich Coffee (DDRX) jumped 6,533% in less than 2 months.

Sealy Corp (ZZ) rose 927% in 65 days.

So far, our "BLUE SHEETING" strategy has worked 83% of the time.

I'll show you the full details of our preliminary testing a bit later...

But first...

What's so radically different about what we do?

While most analysts look at things like earnings statements, balance sheets, insider buying and cash flow statements...

Tom and I examine a completely different set of data:

It's called a BLUE SHEET.

Several decades ago � before the Internet came along � secretaries at financial clearing firms would type these data-sets onto pale blue forms.

Hence the name, "Blue Sheets."

This is not a Form 4, Form 13, or any other financial document you might be familiar with. And it has nothing at all to do with "insider buying" or the government either.

So what's so important about BLUE SHEETS?

The best way to show you is through an example...

You Could Have Seen this 936% Jump Coming from a Mile Away

Recently, shares of a tiny paper company called Boise Inc. (BZ) shot up 936% in just under 2 months.

Most investors didn't have the slightest clue this was coming...

After all, Boise Inc. manufactures newsprint � the large rolls of paper used by the Washington Post, the Seattle Examiner, and other newspaper publishers.

Now is not a good time to be doing anything related to the newspaper business.

Just last month, Boise Inc. announced it was shutting down half its news-printing capacity at one plant.

That's pretty much the only news of any kind to come from this tiny company in several months.

So you can probably see why many people who follow the markets were surprised to see shares of Boise Inc. take off like a surface-to-air missile.

While this stock blindsided most investors... you could have seen it getting ready to move.

You could have seen this rise far enough in advance to have made a tremendous amount of money...

Here, take a look:

On March 10th, we were able to access certain figures in the company's Blue Sheet "stock buyer" data, indicating a very big upward move was on the way.

Boise's stock began to rise on March 12th.

Had you invested $5,000 then... you'd be sitting on $48,000 today.

What in the world would cause a tiny paper stock in Boise, Idaho to rise 936% in two months?

I don't know. And to be quite candid, I don't care!

You see, in the short term, top stocks for 2010 rise and fall for a variety of reasons... many of which you and I can never know.

Perhaps corporate insiders are buying or selling... Maybe a pension fund just took a position. Maybe Jim Cramer moved a stock simply by saying the word "buy."

Who knows? And really, who cares?

The only thing Tom and I care about... the only thing worth knowing... is whether a certain stock is going to rise � and when.

That's where BLUE SHEETS come in...

These data have let us know � with an unusually high degree of probability (83%) � when a stock was going to rise... and when it was going to fall...

Stock stories can be inflated. Earnings figures can be fudged. And, unfortunately, balance sheets get warped all the time.

In our experience, BLUE SHEET data is the only information we can truly rely on to provide an objective reading...

Here, let me show you what I mean...

The Market ALWAYS Leads the News

Many investors � even fellow newsletter editors � think they can beat the market by following the right financial news stories...

Find a big stock story before everyone else does, and you get rich. Find out the negative news stories before the market prices that information in... and you get to keep your money.

That's how it works... Right?

That's what most investors and analysts believe.

They think that by looking at a company's debt, cash, EBITDA, and price-to-book ratio... that they'll find a stock worthy of buying...

How many times have you bought an "undervalued" stock, only to wait...

And wait...

While the stock keeps falling in value...

The truth is, I don't give a damn what a stock is "worth." Like most investors I really care only about whether the stock is going to go up or down after I buy it.

That's what makes our approach quite different.

Tom and I don't play the waiting game. If a stock doesn't have the potential to move fast and far, we just won't recommend it. And we never EVER pick a stock on the basis of news... or earnings... or "valuation," or anything like that.

Quite the opposite...

The Secret Behind those Seemingly Inexplicable Financial Events

I'm sure you've heard how the U.S. automotive industry has been getting hammered recently...

General Motors � America's biggest automaker � just laid-off 60,000 workers. They plan to close 1,100 dealerships... And the Federal Government just saved them from total bankruptcy.

Chrysler just filed its Chapter 11 bankruptcy papers. And Ford is fighting to turn things around.

Simply put, things look really bad for the U.S. Auto industry.

Yet � in the past two months � shares of tiny automotive suppliers have been soaring:

	Tenneco Inc (TEN) has risen up 901%.
	ArvinMeritor (ARM) has risen 811%.
	TRW Automotive Holdings (TRW) has risen 597%.

Why has this been happening?

Why have these tiny auto suppliers been multiplying in value... while every piece of conventional evidence suggests they should be falling?

Well, it's probably a combination of factors... but no one can explain it with any certainty...

But there's the thing...

IT DOESN'T REALLY MATTER.

You see, these moves were laid out and described to the day... if you knew how to decipher the appropriate Blue Sheet data.

And all you had to do to see large returns from these tiny top stocks for 2010 was to have the capability to find and interpret the right Blue Sheet data.

And you could have known about it � far enough in advance to make a lot of money...

HERE:
  HERE: AND HERE:

Had you taken an early $5,000 stake in Tenneco alone, you could have made as much as $45,000.

Sounds nice...

But is it really that easy?

For you, it could be...

But as you probably guessed, these BLUE SHEETS don't just spit out ticker symbols and buy dates for anyone who knows about them. Tom and I had to devise a strategy for accessing and interpreting these things...

Here's how the whole thing works...

What We Discovered...

Tom and I discovered that we could use BLUE SHEET data to determine � with high probability � which top stocks investors would be buying tomorrow... and which top stocks they would be selling... several weeks before the moves actually happened.

Why is this important?

Because, in the short term, that's the ONLY thing that determines whether a stock will rise or fall in value.

It doesn't matter if a stock is "cheap." It doesn't matter if the insiders are buying. It doesn't matter if earnings are up or if they're down.

If people want a stock, it goes up.

If investors don't want a stock, it goes down.

It's that simple.

Remember Boise Inc. � the paper company I told you about earlier?

It shot up in value because thousands of new investors wanted shares.

Like I said before, no one knew exactly WHY all of these people suddenly wanted shares of an obscure paper company with ailing operations.

But you could have spotted the sudden flare-up in demand and capitalized on it.

Same thing with the auto-suppliers I mentioned.

Tenneco, ArvinMeritor, TRW Auto Holdings... they all shot up because an influx of new investors wanted shares.

Again, no one knows why investors do the things they do... but Blue Sheet data have let us know with extremely high probability what U.S. investors were going to do... right before they did it.

The point is, using Blue Sheet data, it is legal and extremely profitable for us to spot these flare-ups in demand � and you can capitalize on them, in a very rational and dispassionate way...

So what are "BLUE SHEETS" exactly?

Let me explain...

How Tom and I Have Been Able to Find Out Which Stocks Investors Would Buy Tomorrow

If you've never heard of Blue Sheets before, I'm not at all surprised...

To most people, the amount of raw data they contain is simply overwhelming...

You see, every time you buy or sell a stock anywhere in the United States... your information goes to what's called a clearing firm.

Clearing firms act as middlemen between the stock market and your broker.

These firms receive every conceivable detail on every security you buy and sell, the number of shares you purchase, the ticker symbol... along with a bunch of additional information you probably wouldn't like to know.

Once the market closes, each clearing firm is required by Federal regulators to send the details on every market transaction to the EBS System. The EBS System is basically a vast Federal Government information warehouse for the U.S. stock market.

It's short for "Electronic Blue Sheets" System. Financial insiders just call them "BLUE SHEETS."

Every trade... no matter if it's Jane Smith, the small time market player in Santa Fe, New Mexico... or Steve Cohen, the big shot hedge fund manager in Manhattan...

They all get logged in the EBS System.

What does the Electronic Blue Sheet system tell us about what investors are likely to be buying tomorrow?

That brings me to Dr.S...

First, "Dr. S." Sends Us an Email

More than 3.9 billion stock market transactions take place on the U.S. stock market each day.

So, as you can probably imagine, at the end of every trading day, the EBS System contains a mind-boggling amount of information. Simply too much for one person � or any team of people � to sift through.

That's why last year Tom and I reached out to a gentleman whom we'll refer to as Dr. S.

"Dr. S" is a computer programmer with a PhD in applied mathematics..

When he's not helping us out, he does contracting work for 2 of the 20 largest Fortune 500 companies in America.

What does Dr. S. help us out with?

Processing the billions of data bytes embedded in the BLUE SHEETS.

Once a day, he searches through the BLUE SHEET info � over 3.9 billion stock transactions from all across the world � and filters it through a powerful computer program he personally created.

THIS PROGRAM IS AVAILABLE TO NO ONE ELSE IN THE WORLD.

It compares and examines that data over the previous 60 trading sessions.

And while a lot of this information is useful and interesting for historical comparisons...

We really only care about one set of numbers, which he analyzes from the daily Blue Sheet reports...

That is: WHAT INVESTORS WILL LIKELY BE BUYING TOMORROW... AND WHAT THEY WILL LIKELY BE SELLING.

Because remember...

The more investors who buy a stock, the higher its share price climbs...

That's the ONLY thing that ultimately moves a stock's share price.

And if you can find out which top stocks investors will be piling into the most... you can make a killing in the stock market.

I know, this might be hard to visualize. After all, it is counter-intuitive to how 99% of the population invests...

So here, take a look...

Find Out Where Investors Will Likely Put their Money � Even Before they Know Themselves

If you knew investors were about to pour millions of dollars into a certain stock...

Then you could invest before they did... and make a lot of money by riding that stock all the way up...

That's the idea behind our BLUE SHEETING strategy...

Incredibly, this allows you (in many cases) to find out where investors are likely to put their money, even before they know themselves...

Crazy, I know...

But just consider what happened recently to a tiny wireless telecomm company called FiberTower Corporation (FTWR)...

Get a 72-Hour Head-Start on Everyone Else...

On March 2nd, BLUE SHEET data indicated that investors would likely pile into a tiny stock called FiberTower Corporation (FTWR)...

Why?

Again, who knows... and who cares!

Let the TV show pundits, blogs, and newspapers try to explain why top stocks of 2010 go up. Frankly, I really don't care. It doesn't really matter.

All I want to do is know which stocks are going up... BEFORE they make their move.

What matters in the case of FiberTower Corporation is that on March 5th � roughly three days after we received the full details on the Blue Sheets � investors started loading up on shares...

In just a few short days, the usual number of FiberTower investors nearly tripled...

And by May 11, the stock � as a direct result of all the new demand � had jumped by 757%.

Had you known how to follow the right numbers on the BLUE SHEETS, you could have gotten a 72-hour head-start on the crowd... and turned a $5,000 stake into $37,850.

How is this possible?

How can you know which top stocks other investors are likely to pile into, even before they do?

Here's the short (and perhaps unpleasant) answer:

When it comes to investing, people are extremely predictable...

In psychology, this theory is known as "social proof." In short, it says that when lots of people start doing something ― wearing a particular type of shoe, going to a particular movie, or listening to a certain song ― it must be the right thing to do.

Well, in the investment world, it works much the same way...

When more people get interested in a particular stock, the higher the price will go.

What's incredible is that we've been able to consistently use Blue Sheet data to find out exactly which top stocks of 2010 have been generating the most investor interest... and which stocks would make the biggest moves.

It requires access to a little-known and seldom-used set of data, a high-powered computer, and a very talented computer analyst to figure out what it all means...

But the results are well worth the effort.

For example...

On March 9, shares of a tiny insurer called Phoenix Companies (PNX) began to take off...

In less than 2 months, they rocketed from 21 cents a share to as much as $2.31.

A 1,000% rise...

We were able to see this move 5 days before the stock began to rise...

How?

The BLUE SHEETS indicated investors would likely be piling into the stock...

From April 21st to April 30th, Uranium Resources (URRE) jumped 219%.

We were able to see this move 96 hours in advance...

How?

The BLUE SHEETS indicated waves of new investors would likely be pouring into the stock...

Dr. S's data analysis has found dozens of these opportunities so far...

How have we known which ones to get into and when?

Let me explain...

A Rapidly Closing Window of Opportunity

I know this whole scenario probably seems a bit unusual...

But very little this year has fit the norm. In fact, that's what put us on the path to make this breakthrough in the first place...

Late last year, as the markets continued to plummet, Tom Dyson and I began taking a very close look at the smallest and most illiquid securities on the stock market...

I'm talking about companies like Boise Inc. � top stocks worth less than $200 million in the stock market...

Why would we look at the most volatile area of the stock market... at the very worst time in stock market history?

Because we knew the bloodbath would eventually end...

And when it did...

We wanted to make sure we could provide our subscribers with an effective strategy for what would inevitably follow...

An 18-Month Explosion

You see, at the end of every major market downturn, small stocks move faster than any other investment in the world...

In 1975, as the markets turned around, small stocks averaged a 78.43% return.

In 2003, as the markets recovered from the tech-inspired bear market of 2001, small stocks outpaced all others by a nearly two-to-one margin.

Today, it's happening again...

Just in the last several months, small stocks have been making some incredible moves:

Ivanhoe Mines (IVN) has risen 361%.

Orion Marine Group (ORN) has risen 431%.

Cott Corp (COT), a soda pop maker, has risen 604%.>

Sealy Corp (ZZ), a bed maker, has jumped 927%.

Virgin Mobile USA (VM) has jumped 487%.

How long do these revitalization periods typically last?

The exact time depends of course on the severity of the preceding crash...

But typically anywhere from 3-7 years...

HOWEVER, the real thrust of the small stock explosion � the truly spectacular part � lasts only for a short while:

According to our calculations, small cap stocks will likely experience a rapid, hyperactive period of growth lasting anywhere from 18 to 24 months

This could last longer... or it could happen in less time.

Again, it's only an estimate.

Why does this happen?

Why do tiny top stocks 2010 rise faster and higher than everything else?

Two reasons...

After a big market downturn, businesses must adapt if they hope to survive and prosper...

Charles Darwin once said the fittest species are not the ones who are the smartest or strongest...

Rather, they're the ones MOST RESPONSIVE TO CHANGE.

It's the same in business...

The companies most capable of retrenching and adapting to the new credit situation and the new (and battered) economy are the smallest companies. They had the least to lose... and now they have the most to gain...

What's the second reason?

Basic mathematics...

Recently, shares of a business software company called Workstream (WSTM) rose 1,850% in just a few months.

For a much larger business software company such as Google to grow by the same amount...

It would have to become a $2.2 trillion dollar company (as valued on the stock market) � the largest publicly traded entity in the history of the world. It would have to consume the equivalent of ExxonMobil, Pfizer, Microsoft, Yahoo, and Chevron combined.. and even then it would still fall short.

But the point is this:

You have a limited period of time to grab as much cash as you possibly can from the stock market.

We're looking straight in the eye of a rare � and potentially very profitable � market anomaly... and now we have an effective strategy to capitalize on it.

That's exactly what we found with our Blue Sheeting breakthrough.

And with Dr. S's assistance, we've conceived, built, tested and fine-tuned a research advisory to help you capture these opportunities...

We're calling it Penny Trends.

On June 16, 2009, we're going public with our new strategy... and marketing this product to a broader audience.

So for the next few days, we're offering you first crack � the chance to get in before the official commercial launch of Penny Trends.

..For much less (55%) than what the general public will have to pay.

We will NEVER offer this price again...

Before I give you the details... and show you how to get started...

Perhaps you're wondering...

"If small stocks are going to outperform all other investments, then why shouldn't I just pick a few on my own?"

Of course you could do that...

But keep in mind, the averages I showed you are based on the overall performance of several hundred small stocks.

If you have enough capital to invest in that many top stocks of 2010, then go ahead...

You probably don't need our research anyway...

What Tom and I are proposing here is a radical new way to potentially get very rich by making a series of small and calculated moves in the market over the next year or so...

We're not fund managers. We're not trying to beat any standard benchmarks...

Nor are we advocating you hold any of these securities longer than several months.

If any of the tiny stocks we recommend aren't meeting our unusually high standards for performance, then we'll recommend you let them go.

For instance, just last month, we recommended selling a tiny lumber company called BlueLinx... even though it had risen 11% in about a month...

Most analysts would be thrilled to see a stock rise 11% in a year, let alone one month...

So why did we suggest cutting it loose?

Because that's not fast enough for us...

Not even close.

Penny Trends is a trading research service. We will not suffer any slow-moving laggards in our portfolio...

Since we began testing our new strategy, we've made 12 recommendations.

As of May 20, 2009, ten have either been closed out as winners or have gone up in value.

That's an 83% winning percentage.

Plus, we made two trial recommendations when the markets were still crashing this past September.

One stock � Questcor Pharmaceuticals (QCOR) � was trading at $5.53/share. By December 8, 2008, shares had raced to $9.54/share.

That's a 73% return during the worst market collapse since 1987.

That same day � Sept. 10 � we recommended buying Emergent BioSolutions, Inc. (EBS).

3 months later, the DOW, S&P 500 and the NASDAQ had all fallen by 30% or more.

Shares of EBS had risen 57.4%.

To Tom and myself, this was validation that our BLUE SHEETING strategy truly worked.

If we could pick two of the only 2010 top stocks to rise during a severe market crash... we had high hopes for what our strategy could do when the penny stock market began to take off...

So, what can you expect in the months ahead? And how can you get started right away?

I'll explain everything in a minute. But first, I wanted to tell you about one more aspect of this situation.

This BLUE SHEET Feeding Frenzy Could Turn Every $5k into $300,000 (or more)

I've already told you how BLUE SHEETS work... and about how we analyze them to find out what stocks investors will likely be buying...

I've also told you why we use them to track and capitalize on the smallest securities on the stock market...

But there's one more benefit to the BLUE SHEET situation, and it may be the best part of the whole thing...

When Tom and I receive a short list of BLUE SHEET prospects from Dr. S...

One of the things we look for are "clusters" of top stocks for 2010:

Groups of companies that operate in the same industry, sector, or niche...

The more unusual the better, too...

For instance, a couple of months ago, we received a short list from Dr. S.

On it were 4 coffee companies:

Starbucks (SBUX)

Green Mountain Coffee Roasters (GMCR)

Coffee Holding Company (JVA)

Diedrich Coffee (DDRX)

According to the BLUE SHEET data, U.S. investors had suddenly grown very interested in coffee (of all things)...

And they were about to start pouring money into the four coffee stocks listed above.

Why?

Again, who knows, who cares...

It didn't really matter.

What mattered is that investors from all over the world THOUGHT something VERY big was about to happen in the coffee market.

Remember, "social proof" is probably the strongest force in the entire financial market.

Something so big, that to them it didn't really matter which coffee stock they invested in...

They were going to act on it, one way or another...

And you could have known about their interest early enough to make a lot of money...

That's what the BLUE SHEETS data tells us: Not why people are prepared to invest. Rather, WHERE and WHEN.

In the days that followed, waves of new investors poured into coffee stocks...

As a direct result:

Starbucks jumped 34%.

Green Mountain Coffee Roasters climbed 95%.

Coffee Holding Company rose 517%.

And Diedrich Coffee � a tiny California Coffee manufacturer � rose a whopping 6,533%.

There was nothing especially appealing about the fundamentals of these top stocks for 2010.

But the more people who loaded up on shares of coffee companies... the higher their share prices jumped...

The higher their share prices jumped, the more attention coffee stocks got in the mainstream press...

The more attention coffee stocks received in the mainstream press... the more people wanted to buy shares...

And so on and so forth...

Eventually, so many people were loading into tiny stocks like Diedrich, that its share price had jumped 63-fold.

Crazy, I know...

But that's why we love finding "clusters" of top stocks for 2010...

Do you see how this works?

The more of the same kind of stock investors want, the better. Because when the herd piles into an entire sector, it pushes a stock's share price (and your investment) up higher than it would ordinarily move on its own.

We don't care about the big stocks like Starbucks and Green Mountain Coffee...

We care that investors want coffee stocks so bad... that they're willing to buy anything coffee-related...

Why?

Because that kind of insane demand will push tiny little stocks like Diedrich through the roof...

These "clusters" appear on our BLUE SHEET lists more often than you might think...

And in some pretty strange sectors too...

Recently, we've seen heavy "clustering" in everything from Internet top stocks 2010 and aerospace companies to home furnishing retailers...

For instance, a couple months ago, we saw a flurry of BLUE SHEET activity indicating strong interest in car rental companies...

Boom, boom, boom...

One blue sheet after another...

In companies like Hertz, Avis Budget, and Dollar Thrifty Automotive.

Why?

Again, who knows, who cares...

What mattered is that investors REALLY had a sudden and strong desire for car rental companies... and were about to pony up a lot of cash to satisfy it.

Hertz � the largest company of the cluster � jumped 385%.

The other two companies jumped even higher. Avis Budget jumped 1,097% in two months...

And Dollar Thrifty Automotive jumped 779%.

These companies are so tiny and excite-able...

You could breathe on your computer screen and they'd jump 200% or 300%...

If this kind of trading is too opportunistic for you, I understand.

And that's okay. As it turns out, we can only afford to take a small group of folks along for the ride...

Enrollment: Limited

Because our new Penny Trends research deals with highly illiquid, extremely sensitive equities, we're limiting enrollment to a very small group of readers...

Ultimately, many folks will be excluded.

So to keep things fair, here's what we're doing...

Right now, we are opening this service only to current readers. We will DEFINITELY open it up to the rest of the investment public as of June 16th... and may do so even sooner, depending on what happens in the markets, and the response from our subscriber base.

If there are any charter subscriptions to Penny Trends still available by June 16th...

Then we'll offer them to a broader audience, at the full price.

But we doubt we'll reach that point.

What's the price?

One full year of Penny Trends will cost $2,000.

If you respond to this offer right away, you can lock in a ridiculously low price of $900.

We will never offer this price again.

We'll ask everyone else to pay 122% more when we go public with our new strategy on June 16 (if there are still spots left).

Why are we making this offer?

Because we are confident this service can help improve your net worth. I truly believe you could make an absolute killing in the market from Tom and my trading recommendations for at least the next 12 months.

As an independent financial publisher, the success of our business depends on how satisfied you are with our research.

If you like our work and think our investing strategy is right for you, then you stick with us and S&A continues growing as a business.

Sign up today � claim your charter membership for the limited time we're offering it.

You'll have 90 DAYS to decide whether our research is right for you. If for whatever reason you want to cancel your subscription in the first ninety days, just let us know. We'll give you a full refund (minus a 10% refund fee).

You see, we want to avoid "tire-kickers" - the folks who sign up without any intention of paying. This costs us a small fortune in overhead expenses, especially when we offer special discounts ($1,100 off) like this one.

Here's what you'll receive as a Penny Trends charter subscriber:

Penny Trends Trading Primer: This special, members-only report represents your TRADING BIBLE. Read it right away, before you review anything else.

You'll learn the full details on this unique situation... including the secrets behind our BLUE SHEETING strategy.

You'll also learn a trading secret called "R-1." This is a very simple, but incredibly important rule we ask that you follow when EXITING our recommended positions.

You see, a big part of our investment strategy � and a great deal of your success � depends on your ability to remain disciplined and dispassionate. When we issue a buy recommendation, it's okay of course if you choose not to invest. But if you do, please do not drag your feet. These are fast moving issues. A day or two can make all the difference in the world. Likewise, when we email you to exit a play, it's important that you don't sit on it.

Penny Trends Trading Alerts: � Every Tuesday at 6 p.m, Tom and I will email you our play of the week, why we're recommending you make it, and every important detail you'll need to know. In these reports, you'll also receive a detailed summary of what you should do with any positions we're currently holding.

Waxman-Markey Whacks Industry

The so-called Waxman-Markey bill snaking its way through the greasy halls of Congress looks likes the most expensive thing to hit the economy since the financial crisis began. Even the normally mild- mannered Wall Street Journal called it "one of the most ambitious efforts to re-engineer American social and economic behavior in decades, presenting risks and opportunities for a wide array of businesses from Silicon Valley to the coal fields of the Appalachians."

First off, the stated objective of cutting carbon emissions by 83% by 2050 will go down in history as outrageous - akin to when Who drummer Keith Moon drove his Lincoln Continental into the pool at the Holiday Inn. I think members of Congress must be smoking the same thing Moon was.

To show you how patently ridiculous such a goal is, I turn to Questar's CEO - a man with the unfortunate name of Keith Rattie. Questar is an oil and gas company. Rattie is an engineer. He has been in the business since the 1970s. He walks us through the basic math in a speech he made at Utah Valley University on April 2 called "Energy Myths and Realities." Rattie uses Utah as an example:

"Utah's carbon footprint today is about 66 million tons per year. Our population is 2.6 million. You divide those two numbers and the average Utahan today has a carbon footprint of about 25 tons per year. An 80% reduction in Utah's carbon footprint by 2050 implies 66 million tons today to about 13 million tons per year by 2050. If Utah's population continues to grow at 2% per year, by 2050, there will be about 6 million people living in our state. So 13 million tons divided by 6 million people equals 2.2 tons per person per year.

"Question: When was the last time Utah's carbon footprint was as low as 2.2 tons per person? Answer: Not since Brigham Young and the Mormon pioneers first entered the Wasatch Valley and declared, 'This is the place.'"

You can extend this math over the whole country - a growing mass of 300 million people. To meet the Waxman-Markey bill's goals would mean we have to go back to a carbon footprint about as big as the Pilgrims' at Plymouth Rock circa 1620.

So I think the bill is absurd. I think it is also a great blow to what is left of American industry. But who cares what I think? As the great Jeffers wrote, "Be angry at the sun for setting/ If these things anger you." This is the way the world works. Politicians do dumb things. We have to play the ball where it is. And that means we have to figure out who wins and who loses.

Here are some thoughts along those lines...

Agriculture. Agriculture, for whatever reasons, is exempt from the new rules. So farmers don't have to worry about those manure pools out back or the flatulent cows emitting methane all over God's green meadows. Those big tractors? Burn up that diesel!

Agriculture is a winner by virtue of not losing, like a hockey team that skates to a tie.

Steel. Big loser. U.S Steel, AK Steel and even foreign steel companies with US operations all get a big kick in the family jewels on this one. Steelmaking emits all kinds of carbon dioxide. The worst-case scenario here is that the US simply won't be making steel at some point in the future. The plants will all go to Brazil. China is already the biggest steel producer in the world. Now we just handed the country a bunch of new business.

Avoid big steel in the US.

Utilities. Mostly losers. Under the bill, utilities will have to get 12% of their electricity from renewable sources. That means they are going to spend money buying windmills and solar panels. For some of the coal utilities, this is bad news - even though they caught a break when the government made a change to let coal have carbon permits for free to start off with. Gas utilities are better off, as they emit less carbon, but since coal gets some free carbon allowances upfront, their advantage will not be as big as I made out in my letter to you a month ago. (See, the problem with writing about potential legislation is the rules change every week.)

Still, I'd avoid coal producers or coal utilities. They wear big targets on their backs and can't do much about it, except spend a lot of money. Bad for shareholders. There may be some very good ideas on the picks-and-shovel angle for coal, though. For example, a number of companies will sell equipment to clean up coal. And of course, the solar and wind guys are big winners.

Oil refiners. Losers. This is an industry in which it is hard to make money most of the time as it is. Now, under the new bill, refineries are really screwed. Basically, they are on the hook for about 44% of US carbon emissions. They would be among the biggest buyers of carbon emission allowances. I think with one stroke of the pen, the US government just made the US refining industry that much smaller. Lots of these older refineries will just have to close. US imports for gasoline will rise.

I think the refinery industry already sees the writing on the wall. This is one reason why Valero, the biggest US refinery, has been quick to get into the politically favored ethanol business. It's also expanding overseas.

Avoid the refineries.

Trading desks. Winners. It figures. As if the government doesn't help financial firms enough, it is going to hand them a nice tomato in trading carbon credits. The head of Morgan Stanley's US emission trading desk said: "Carbon, while relatively small, is a critical piece of our commodities offering." So some financial firms with trading desks in carbon get a nice little payday.

To sum up, this is only the beginning. At the end of the day, this obsession with carbon footprints means that Americans are going to have to pay a lot more for products that use fossil fuels. It means we are going to pay a lot more for energy. Obama and his crew can draw up whatever fantasies they want, but they can't repeal the laws of economics, which, like forces of nature, win out every time.

Exclusive Glimpse at the Next Google

On May 15, 2009, the Internet changed forever. Did you miss it?

The widespread acceptance of the Internet has lead to a monumental shift in the way we do almost everything. Communication now happens instantly across thousands of miles, e-commerce has generated billions of dollars for companies like Amazon.com and eBay, and, with the advent of search technologies like Google, the planet's information is at our fingertips.

But in spite of these advances, something was missing…

After all, why should you have to scour pages and pages of Google results to find out which country is the world's fifth smallest exporter? How is it that that sort of factual information isn't readily available? In the past, search technologies had a big limitation ― they required you to ask a question that's already been asked and answered. But on May 15, with the public release of Wolfram Alpha, that all changed.

Wolfram Alpha is a computational knowledge engine. What that means is it answers factual questions based on structured databases that catalogue information. And it's creating quite a stir among technology experts.

"[Wolfram Alpha] doesn't simply return documents that (might) contain the answers, like Google does, and it isn't just a giant database of knowledge, like Wikipedia. It doesn't simply parse natural language and then use that to retrieve documents… Instead, Wolfram Alpha actually computes the answers to a wide range of questions," said Nova Spivak in an article posted on Twine, a social networking site.

So, if you really do want to know what the fifth smallest exporter nation is, or the average salary of a school bus driver, or what 20/200 vision looks like, with Wolfram Alpha the answer is truly only one click away…without having to rummage through search results.

Not a Search Engine

The most critical thing to remember about Wolfram Alpha is that it's not a search engine ― it's an answer engine. While searching for "penny stocks for 2010" will yield you 5.7 million results on Google, Wolfram Alpha won't return a single web page. Where Wolfram shines is in answering factual questions (asking subjective questions like "which car is cooler" won't get you much success).

So, enter something like "What is the circulation of the Wall Street Journal?" or "What is the density of milk?" and you'll get your answer (2.012 million readers and 242 g/cup respectively).

The most important thing about Wolfram Alpha isn't what it's capable of right now, it's how the unique way it handles data makes big advances possible in the future. "Where Google is a system for finding things that we as a civilization collectively publish, Wolfram Alpha is for computing answers to questions about what we as a civilization collectively know. It's the next step in the distribution of knowledge and intelligence around the world ― a new leap in the intelligence of our collective 'Global Brain.' And like any big next-step, Wolfram Alpha works in a new way ― it computes answers instead of just looking them up," explains Spivak.

Putting Wolfram Alpha to Work for You

And as an investor, Wolfram Alpha has some abilities that transcend the potential of its technologies. With this platform, you can instantly get a slew of financial information on a stock just by typing its ticker into Wolfram's engine.

You can also make interesting computations on the fly, like this chart of GM revenues divided by Ford's revenues:

If you're interested in options, bonds, or currencies, Wolfram Alpha also has the ability to make complex calculations (like the value of a straddle option) instantly for you.

Keeping an Eye on the Future

There's little question that the work the folks at Wolfram Research are doing on Wolfram Alpha is going to change the way we interact with data. I think it's clear that those changes are going to trickle down to make data more available to investors ― and they're also going to fuel huge growth for the handful of companies who are working on computational engine technologies. Visit wolframalpha.com to check out this amazing new technology for yourself.

Unfortunately for us Wolfram Research is a privately held company, but there are other plays in the field. We'll keep you posted as they make their moves.

Our Heroine, Angela Merkel

Angela is a genius. Tim is a schmuck. That's what we took away from yesterday's news.

As near as we can make out, Tim Geithner's trip to Beijing was, at best, a draw. He told his soothing lies. China listened. The markets reacted favorably.

Stocks fell...with the Dow down 99 points. Gold was down too - $18. And oil lost $2, to close at $66.

But the dollar went up - to $1.41 per euro.

His goal was to bluff and bamboozle the world's investors - notably China - into believing that the US had its finances under control. Once we're out of this mess, he told China's top man, we're going straight. No more binges of EZ credit and wild government spending. We just need a little more of that old time medicine...just one more time...to get us through this dark night of economic downturn. But once the sun comes up and the economy is back on the road to recovery, trust me on this, America is going to balance its budget, foreswear Quantitative Easing forever, and join AA. No kidding. Cross your heart and hope to die.

But some habits are hard to break. The habit of getting something for nothing is one of them. Spending money someone else earned is like eating a big slice of Black Forest cake and watching someone across the table get fat. You're likely to ask for seconds.

Americans are in the habit of spending huge amounts of money...with no intention of ever paying it back. Consumers did it in the '09s and '00s. Now the feds are doing it. The federal deficit for this year alone is four times last year's record. The official US debt is exploding. Bill Gross says it will be 100% of US GDP within 5 years. Our guess is that it will reach that level even sooner.

At 100% of GDP...even mainstream economists believe the situation will be irreversible...interest payments will be more than the US can afford. At that point, forced to borrow more and more just to keep up with the interest, the system will go into a Ponzi-scheme endgame. You can protect your investments from the inevitable fallout with seven super shields, available here.

"Our expectation is the government won't be able to exit" from its deficit spending positions, said Gross in an interview on Bloomberg Radio. The programs "will be semi-permanent positions on their balance sheets."

Once you go down that road, it's hard - maybe impossible - to come back. The US won't be able to pay off its debt...and it won't be able to unload GM. Nor will the Federal Reserve be able to sell its holding of bonds onto the open market - without causing yields to rise.

Even Ben Bernanke says that "long-term deficits threaten the financial stability" of the nation.

As we've pointed out many times, the problem is more political than financial. The bums in Washington could still straighten up - if they wanted to. We've already told them how they could bring the deficits...and the economic downturn...under control. But they're not about to take our suggestions. Instead, they're "gonna have fun, fun, fun until Daddy takes the T-bird away..."

Daddy China, that is. The Middle Kingdom. The Red Menace. Now, the leader of the bond vigilantes.

Remember the bond vigilantes? They are supposed to keep a lookout for inflation. And when they see it increasing, they come riding into town guns ablazing...they sell bonds and force up yields, thus bringing inflation back under control.

Inflation rates and bond yields have generally been going downhill for the last 26 years...so the old vigilantes have retired. But now China seems to be strapping on its six guns. Are you prepared for when this bubble gets shot out? If not, learn how to profit during the burst by participating in the anti-stock market, available here.

According to the press reports of the showdown in Beijing, it sounds as though Geithner diverted attention from the main issue - at least for a while. There's some blah blah about China paying a bigger role in the IMF, for example, and more blah blah about cooperation between the US and China on financial matters.

Someone actually asked the Treasury Secretary why he was talking about involving China in the IMF. His answer: "I just see it as the necessary evolution." We won't stop to wonder what a 'necessary evolution' is. Because the whole IMF discussion was irrelevant and pointless blah blah.

The real story is the last thing Geithner wanted to talk about. Partly because he doesn't understand it. And partly because he can't say anything about it that would help. China has a lot of money with pictures of dead US presidents on it. It's worried that those green presidents may soon by not only dead, but worthless.

"If the US can find a way to protect China's assets," said Yu Yongding, going right to the bottom line, "America's standing here will increase."

If not...well...that's what we're going to find out.

But first, a quick briefing on the latest news from Ian in Baltimore...

"Washington is on track to issue more than $5 trillion in new debt over the next 18 months," begins Ian Mathias in today's issue of The 5 Min. Forecast. "Total interest payments on government debt are plotted to exceed $800 billion in the next 10 years, up almost five-fold from 2009. That's if long bond yields stay under 5%, as the Congressional Budget Office forecasts. Every one percentage point higher, says Harvard economist Kenneth Rogoff, will cost the U.S. government an extra $170 billion annually.

"Perhaps our only saving grace; the whole western world has bought into America's economic school of thought.

 

"'The Fed can only manipulate interest rates so far,' notes our currency trader Bill Jenkins. 'Then the market takes over. Our Treasury bonds are becoming a greater and greater risk to people who buy and hold them. Of course, basic market theory holds that to assume greater risk going forward, one must have a higher rate of return. So no matter what the Fed "dictates" by lowering rates, they are on their way up!'"

Ian's entire daily email brief is free to subscribers to our paid publications, including Byron King's elite service Energy & Scarcity Investor, available here.

And now, we return to Bill in Big Ben's hometown...

How much of what goes on is just blah...blah...blah...just people talking?

Probably 90%. People come to think what they must think when they must think it. Then they blah...blah...blah to convince each other that they're right.

But what really matters are the deep, long patterns...patterns of history that no one can control and few take the trouble to try to understand.

Bill Gross: "I think it is important to recognize that General Motors is a canary in this country's economic coal mine; a forerunner for what's to come for the broader economy. Their mistakes have resembled this nation's mistakes; their problems will be our future problems. If the US and General Motors have similar flaws and indeed symbiotic fates, they appear to be conjoined primarily by the un-competitiveness of their existing labor cost structures and the onerous burden of their future healthcare and pension liabilities. Perhaps the most significant comparison between GM and the US economy lies in the recognition of enormous unfunded liabilities in healthcare and pensions. Reportedly $1,500 of every GM car sold in the dealer showrooms goes to pay for current and future health benefits of existing and retired workers, a sum totaling nearly $60 billion. The total future healthcare liability for all US citizens can be measured in the tens of trillions."

Our heroine, Angela Merkel, made the front-page news yesterday. She stood up against almost every mainstream economist, politician, and central banker in the world - and gave them all hell.

"What other central banks have been doing must be reversed. I am very skeptical about the extent of the Fed's actions and the way the Bank of England has carved its own little line in Europe," she said at a conference in Berlin.

"Even the European Central Bank has somewhat bowed to international pressure with its purchase of covered bonds.

"We must return to independent and sensible monetary policies, otherwise we will be back to where we are now in 10 years' time."

You go girl!

"This lady is currently the only person among all of our mighty and famous whom ordinary taxpayers in the western world can look to in order to hope for any protection of their interests," says a letter writer to the Financial Times.

Of course, the professional economists and the earnest press all replied with the typical blah, blah, blah...

"Ms. Merkel's intervention may be a political ploy and will probably come to nothing," says the Financial Times editorial page. "But it is, nonetheless, harmful..."

Bloomberg reports:

"Ben Bernanke, the chairman of the United States Federal Reserve, said Wednesday that he "respectfully disagreed" with Angela Merkel, the German chancellor, about her recent criticism of efforts by the Fed and other central banks to stabilize Wall Street and the banking system.

"The US and the global economies, including Germany, have faced an extraordinary combination of a financial crisis not seen since the Great Depression, plus a very serious downturn," Mr. Bernanke told lawmakers Wednesday morning at a House Budget Committee hearing, after being asked to respond to the chancellor's remarks. "In that context, I think that strong action on both the fiscal and monetary sides is justified."

"I am comfortable with the policy action the Federal Reserve has taken," Mr. Bernanke said Wednesday. "We are comfortable we can exit from those policies at the appropriate time without inflationary consequences."

Ha! That's the question. Like Bill Gross, we don't think the US can get out of its inflation-causing positions. It won't want to act too soon - that's the lesson Bernanke thinks he learned from the Japanese. And then, when it finally does act, it will be too late. It may want to unwind its positions by then, but the market winds will be against it. Bond prices will be falling - inflation will be responsible for that. The feds won't want to dump more bonds onto a falling market.

Then, traders - especially the same Wall Street institutions that they are subsidizing - will take advantage of them. In effect, the feds will have a massive short position in bond yields. When yields rise, they will have to cover...and shrewd traders all over the world will know it. They'll stick it to them...selling bonds ahead of the feds' massive selling.

Finally, the feds will be hung out to dry...like Long Term Capital Management, but with no one to bail them out.

Six Easy Ways to Lock in Steady Income Checks

I can show you six easy ways to lock in steady income checks for the rest of your life.

This is just one of the three reports you'll find in the full "Plan B Retirement Library" I want to send you. The whole set is yours right now, at no charge. That's right… I'm offering it to you free.

Just follow the simple steps at the end of this letter so you can download it immediately…

A new Financial Times/Harris Poll found that 59% of Americans are more concerned over the safety of their retirement income than they were this time last year. And for good reason…

The Wall Street Journal found that 401(k) managers are now starting to freeze individual plans. Meaning if you wanted to take a portion of your savings out ahead of time, you wouldn't be allowed to.

In some cases, even if you were at retirement age, you still wouldn't be allowed access to your own money.

This is a scary situation if you paid into a 401(k). You aren't even allowed to take out your own money ― even if you were laid off and needed to. Meanwhile, the values of these accounts continue to fall as the market stagnates

Suppose you could collect up to $120,000 or more in work-free "paychecks" per year, every single year... for the rest of your life.

On average, you could get these checks every 12 days.

For as long as you need them... at any age.

And you can even pass this steady stream of annual cash on to your spouse, your children, even your grandchildren. In fact many of America's richest families already do exactly that.

Wouldn't that go a long way toward helping you forget about the special treatment those Wall Street jerks are lapping up, right about now?

And here's the thing... even though this is easy to do... so few people know about this right now. Although I'm willing to bet that's about to change, and quickly...

The Best "Little-Talked-About" Lifetime Income Secret I've Ever Come Across

Let me start by saying that, even though we're smack in the middle of the most devastating market shakedown since the 1930s, this is easily the best time in history for you to hear about this "little-talked-about" secret.

How so?

For one thing, these "Plan B Pensions" I'd like to reveal to you have a long and proven track record over time. But even little-known ability to completely outclass conventional fixed-benefit pension plans.

Just take a look at the comparison in this chart...

As you can see, "Plan B Pensions" give you many, many times more options for rebalancing your portfolio in a shifting market than you'll see in either the classic plans or more modern versions, like the 401(k) approach.

What's more, unlike those better-known approaches, with a "Plan B Pension," you'll never butt your head against age limits, withdrawal penalties or participation restrictions.

It's also automatic.

Once you set up your "Plan B Pension," it starts running itself.

What else? Even now... you can start getting your income "paychecks" doing this as often as every 12 days, starting with the next payout date on March 14, 2009.

In fact, in the free copy of The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life I'll send you, I can show you six different "Plan B Pension" programs you're invited to join right now.

I'm not personally affiliated with any of them. But after a lot of research and analysis ― all of which I'll share with you ― these six moves are easily the best "Plan B" opportunities you'll find on the market today.

And by the way, you don't need a lot of money to get started.

You can start some of these "Plan B Pension" programs with as little as $10.

How does that sound?

And once you're set up, you could collect as many as 38 "Plan B Pension paychecks" over the next 12 months alone... with more of the same every year to come.

The checks keep coming for as long as you need them.

You can even get "matched" gains with these plans... much like a typical 401(k) plan... but without having to work a single day for the companies that will pay into your account.

Some of these "plans" even reward you with fat discounts on the top stocks fo 2010 you've chosen, well below what others pay to own the same shares on the open market.

In itself, that's like getting an instant gain on the day you buy shares. It's also a special "perk" reserved only for members of these "plans."

What's more...

You Can Collect "Plan B Pension" Checks as Often as Every 12 Days

Even if you just stick with the six "Plan B Pension" opportunities I'll reveal to you... over the next five minutes... that alone could start you off with checks as frequent as every 12 days.

Let me show you more of these opportunities and you could start collecting even more often... and with even greater results. I'm ready to give you my research right now.

In fact, I'll send you the details on the six "Plan B Pension" moves I just mentioned at no charge. Just as soon as you give me your permission. Details on that in just a moment.

But first, let's take an even closer look at how doing this ― using a "Plan B Pension" ― can give anyone an advantage of the much more common moves most of us are used to.

Take, for instance, the classic "defined-benefit" pension plan.

You know how these work. Or at least, you do if you've got a good memory. Because, you see, these same classic company pensions ― given out like golden parachutes to parents and grandparents ― have all but disappeared today.

In just the 10 years from 1994�2004, the total number of defined-benefit pension plans fell by half ― from 59,000 to just 28,000. Today that number is even lower, with more old-school pensions set to get wiped out over the rest of 2009.

The idea of getting a "fixed-benefit" check for life was great. But a benefit that disappears when you need it is no benefit at all! Anyone who worked years for the promise of a classic pension got rooked. And now a lot of these people face hard times ahead.

The same is true if you were "duped" into accepting the modern-day alternative, the so-called 401(k). You know these plans all too well, I'm sure.

About 30 years ago, companies came up with 401(k) plans because they seemed like a great way to slash exposure to classic pension obligations... while giving employees a chance to manage their own retirements.

Guess what happened.

Today, top economists are calling 401(k) plans a "failed experiment." And The Wall Street Journal recently reported that today's credit crunch has already wiped out over $2 trillion in these 401(k) accounts alone ― with more big slippage to come!

Over 60% of Americans depend on 401(k) plans for retirement. Many have seen them lopped in half, with little time left to make up the lost ground.

What's more, with these more common kinds of plans, you can easily get stuck putting your eggs in only one basket, if you've worked with only one employer. Or two or three, at the most, if you've put in the years at more than one job.

That's not at all the case with a "Plan B Pension."

First of all, "Plan B Pensions" can move with you the day you get started. They're yours to control and yours to draw from whenever and wherever you like. You control the size of the checks. You control how many you get. You control how fast the wealth pile grows.

With no limits based on your age, whom you work for or how many of these programs you'd like to tap at one time. There are over 1,020 of these "Plan B Pension" plans in America.

You can enroll in as many of them as you like.

All at once or switching between them until you find ones you prefer.

It's literally up to you. And I can help you choose the best possible ones to follow, starting with the six "Plan B Pension" opportunities I'm ready to name for you at the end of this letter.

You can collect "retirement paychecks" not just from one company... but from as many companies as you like... even the ones you've never worked for a single day in your life.

This is a "work-free" strategy. Except for the work you'll do to set it up ― which is only about as much as it takes to set up a bank account.

It's really that simple. Even though doing this now could give you astounding, life-lasting results.

Here's something else...

How "Plan B Pensions" Can Double Your Wealth

Forbes reported a study...

In other words, "Plan B Pension" helped double the size of those gains over time.

Despite the '87 market bust... the S&L banking crisis and first Bush recession... the currency crash of '97 and the dot-com bubble... Sept. 11 and the start of this most recent real estate bust...

What's more, the best of these "Plan B Pension" programs just keep on paying straight through the current credit crunch. With checks that could be landing in your accounts right now.

And unlike typical pensions or 401(k)s, "Plan B Pensions" don't quit working for you when you retire. That is, you can keep putting money in and taking it out as you like.

Growing it, tweaking it, even spending it... as you see fit.

There's no penalty for early withdrawal.

And no age or employment restriction when you get in or out.

Start now, and even with just the six special moves I've promised to show you, you can already start collecting a "Plan B Pension" payout as often as every 12 days.

Plus, with many of these "Plan B Pension" plans, you can also...

Collect an Instant "Matching" Bonus With Each Payout

One big draw on 401(k) programs is supposed to be the "matching" dollars some companies throw in when employees use the plans to set money aside.

When it works, it's a great benefit. But right now, cash-strapped companies have started slashing those "matching" benefits too. Again, a benefit you don't get... is no benefit at all.

The thing is, "Plan B Pensions" also offer your own kind of "matching." Because many of the 1,020 "plans" you can choose from "match" your gains by as much as 10%... with each regular payout.

This can be like "free money"... piled up on top of what you're already making.

Why would any "Plan B Pension" operator want to give you a bonus out his own pocket? Simple. When you participate in these "plans," the companies that back them get lots of benefits too.

A more stable share price. Long-term shareholder loyalty. A reliable pool of capital. A blue-chip reputation and market respectability. The list could go on.

And in exchange for that loyalty and stability... especially when we're looking at unpredictable markets that could last for years to come... they're willing to pay out of their massive, tucked-away cash piles to "thank" you for staying on board.

Maybe you're thinking only a few lucky insiders or elite market players can wiggle their way onto these "Plan B Pension" payrolls. But anyone can do this. Just by taking the steps I'll show you to get on board.

It works at any age or income level. With starting amounts as little as $10. And work-free, meaning you don't have to work for or even be directly associated with any of these companies in any other way to participate.

Some Americans quietly use this "personal pension" to beef up the regular retirement pensions they already collect... others use it to quit working and retire well before 65... still more use it to replace typical sponsored retirement strategies completely, while "personal pension" incomes as high as $120,000 and higher... for as long as they desire.

Kim Kundra collected $11,611 in one month. And the same again 30 days later. And then two checks, each for nearly $12,000 over the next eight weeks after that.

Gary Malina's "personal pension" so far placed checks worth $22,919 into his account ― not once but twice this year, along with at least two more checks, each worth more than $21,500.

Paul Meure's last monthly "personal pension paycheck" gave him $16,074.

As of October, just one of the companies in Mike Pressman's "personal pension" had already paid him $65,269.

Larry Piero's latest "personal pension paycheck" clocked in at just under $26,993. And that's only one of several he'll collect this year.

John Harrington just collected $16,336 on one of his "personal pension paychecks." Tom Skane took in $33,920 all in one go. And Gerald Amoss clocked in with $42,052.

And in each case, these amounts are just a small glimpse of the totals they'll collect this year... even after everything that's already happened on Wall Street.

There's zero limit on how many of these income streams you lock in at once...

Two, three... a dozen.

It's really up to you to mix and match them to your liking. And the door is open to you, once you know how to enroll. Get set up now and you could start receiving checks immediately.

(For the six opportunities I'll show you, that next payout date is March 14, 2009).

The Ultimate Retirement Recovery Plan

Before you start jumping to conclusions, don't think that "Plan B Pensions" have anything to do with the risky bond investing or measly T-Bill returns.

Nor do I want you to get it into your head that we're talking about tinkering with money markets, low-paying CDs, risking options, or questionable insurance annuity strategies.

"Plan B Pensions" have nothing to do with these.

Instead, you're looking at more than 1,020 of these special "Plan B Pension" ways to directly draw income "paychecks" with the blessing of some of the biggest, most cash-rich and reliable companies in America. And over 600 of these dividend-compounding programs can also offer you the accelerated "instant matching" gains we've talked about.

Sure, not all "Plan B Pension" opportunities are right for everybody.

That's why I want to help you get started by sending you my full research on the six carefully selected "Plan B" moves that I've mentioned. You'll find all six detailed in my new report, called The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life.

This is just one of the three reports you'll find in the full "Plan B Retirement Library" I want to send you. The whole set is yours right now, at no charge. I'm offering it to you free.

Just tell me where you'd like it mailed... or even better, follow the simple steps at the end of this letter so you can download it immediately, minutes from right now.

The first payout you can qualify for is due to come out very soon, and you can keep on drawing more checks as quickly as every 12 days after that, on average.

All told, the moves you'll read about in the report can total up to 38 checks this year... and each year that you decide to continue with what you'll read in my report.

Based on what I'll show you, you can do this without big risks. Without losing sleep over Wall Street catastrophes. Without giving yourself over to failed government retirement programs. And without breaking any rules or stepping on anybody's toes.

The companies who want to pay you are just as eager for you to do this as you are to try it. And everything you need to decide for yourself, you'll find in your free copy of The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life.

I'll show you how to send for it in just a moment.

But first...

The Lifelong Income Secret That Couldn't Have Come at a Better Time

If you still think the "old school" plans will still deliver on their promises, just take another look at the wasted landscape of today's American financial scene...

Across America, thousands of old school pensions have gone belly up. And the Pension Benefit Guaranty Corp ― the government agency that insures those retirements ― has already slipped over $14 billion in the red. And this was before the stock market plunged!

401(k) plans, of course, aren't insured at all. With more than $2 trillion in those retirement accounts already gone, it's not looking good. That money could simply be erased forever.

Meanwhile, D.C. bureaucrats continue to blow hundreds of billions more on one ill-planned bailout after another... while decimating the future spending power of every nickel you set aside.

Ten years from today, every $100k you have saved could only get you as little as $35,859 buys today... and in twice that time, it could be worth as little as $12,859 is today. Without a matching rise in Social Security payouts.

Dignified health care? Forget about it. Luxurious retirement vacations? Beach houses? Big graduation blowouts for the grandkids? Millions of Americans will be lucky if they can go to the grocery store without clutching a calculator in their hands.

Over the last 100 years, our own government has stolen more than 95.2 cents of purchasing power out of every dollar... just to fund their own waste... and that's quickly made a long healthy retirement a liability in America!

The financial statements you don't want to open... the pile of backed-up credit card bills... wrecked housing values and disappearing jobs... impossible healthcare...

Even before the latest financial crisis, millions of Americans didn't even have a "Plan A" for retirement... let alone a "Plan B." The retirement savings of a typical Boomer, for instance, totals just $38,000.

That's everything, even Social Security.

Even Boomers with money in 401(k) type plans have just $88,000 set aside... not enough to generate more than $5,000 per year once they stop working.

Could you live on $5,000 a year?

But let's assume you're one of those smart individuals who did get ready. You started early. And you put your eggs where everybody said they would do just fine.

Energy. China. Index funds.

Only to see much of those short-term gains evaporate. Along with the equity you counted on in your house. Now that's gone too. College funds? Retirement funds? Pummeled beyond recognition... if not gone completely.

My point is this...

If you want security without sacrifice... if you need the income you counted on and then some... if you were counting on living at least as well as you do now, if not better... and if you want to have a prayer of leaving something for your grandchildren...

Then you can't count on anybody else.

You need another way to win back your financial security.

And I can't think of a smarter, better way for you to do this than by tapping into the power of "Plan B Pensions." Sooner rather than later. And you can do this easily, starting with the six moves you'll find in your free copy of The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life.

Once you've had a chance to look that over, dig into the rest of the three free reports I want to send you in my new "Plan B Retirement Library."

This entire set is also yours at no charge. And I'd love to get it into your hands, as quickly as possible, because I'm that eager for you to discover the rest of what you'll find inside...

The Quick Retirement "Catch-up" Strategy Everybody Is Talking About

Doing what I'll show you is easy.

In fact, it's automatic.

You just set it up and the checks start coming. One after another, with a check arriving every 12 days on average ― for up to 38 checks just in the next 12 months.

But what I find even better is the opportunity this will give you to pile up even more "future" wealth too. Especially once you factor in the combined growth and instant "matching" gains we've already talked about.

Take a look at this chart...

As you can see, a regular interest-paying account can take $10,000 and more than double it. But it would take close to 30 years. Too long for even someone who starts early.

You'd get a slightly better result if you put that same $10,000 in an account that compounds the interest. After the same period, you'd have over four times your money ― $10,000 growing into $41,161.

But let's suppose you were to take a "Plan B Pension" approach.

All other things being equal ― but with the steadily growing payouts we talked about ― the "Plan B Pension" strategy could turn that $10,000 into more than $5.4 million.

I don't have to tell you that smashes the results on the more boring moves. But in case you don't feel like doing the math... that's a showing of more than 132 times better!

How Does Turning $10,000 Into $5.4 Million Sound?

What happens as the base size of your wealth grows, inside of the "Plan B Pension?" Naturally, the already large income stream ― that is, each individual cash payout ― gets larger too.

It's like packing 35 years of retirement planning... into just a few years.

I lay it all out for you in the "Plan B Retirement Library" I'll send. But before I show you how to download this library of three reports, let me just run through what we're looking at so far...

"Plan B Pensions" let you "catch up" quickly, even after years of no savings

They're perfectly legal, even encouraged by America's best companies

There's no limit on how many of these income streams you're entitled to

You get to decide exactly how big you want your regular "paychecks" to be

You even decide how often and how many of these checks you'll receive

This "plan" pays you cash right now ― without touching your principal

Even in a falling market, you can use this to fill your bank account

There are no brokers or managers to go through (and no commissions)

You do this without options, insurance annuities, or low-paying money markets

You'll use, instead, a strategy preferred by countless millionaires

You can get unique "instant matching" gains with each payout

With this, your cash payouts grow over time, even if you don't put in another dime

On top of the income, it's also one of the smartest ways to grow long-term wealth

It's completely automatic ― you just set it up once and it runs itself, cranking out your checks

Market experts agree: "Plan B Pensions" are among the safest moves ever devised

Done right, you can even collect all or part of your payouts "tax-free" ― and I explain how in your free special reports.

As I said, there are over 1,020 of these special "plans" offered nationwide.

And more than 600 of them can offer you the sped-up "matching" gains I mentioned.

The sky's the limit on how many of these you lock into. Start collecting as many of these checks, in amounts only you help control, at any age and for as long as you like.

Without raising a single eyebrow, even though this can be...

Like Sneaking Your Own Fulltime Salary From the Payrolls of America's Safest Companies

Wal-Mart, Procter & Gamble, and Johnson & Johnson… Chevron, Microsoft, and ExxonMobil… these are just a few of the well-known companies sending out "Plan B Pension" checks to individual members of their plans.

However, there are many more I can show you. Some you'll know. Others will sound new to you. But I don't pick and choose the opportunities I'll tell you about based on a popularity contest.

Rather, I use my own proprietary seven-point analysis system to find these moves.

In fact, I'm watching several that I'm ready to share with you right now.

And I'll happily share more with you as they come along.

In each case, thanks to my proprietary seven-point analysis system, I'm able to target moves that can give off steady streams of income. And quickly. In fact, these checks can start arriving in just a few days from right now ― if you act quickly ― starting with the next "Plan B Pension" payout date, March 14, 2009.

To collect, you don't have to be an employee of any of these companies.

You don't have to be an insider or sit on the company board.

You don't need to qualify according to age or employment status.

You only need to follow the simple steps ― including filling out a simple form ― which I explain to you in full in your free "Plan B Retirement Library" set of reports.

But I know what you're wondering.

Why these companies... and why now?

The Best Time for This Alternate Income Strategy in Two Decades

Before I start showing you these "Plan B" opportunities in detail, let's just pause for a second so I can put something critical into perspective ― today's gloomy financial headlines.

There's no hiding the facts...

Everything from commodities to health care has taken a beating. As I write this, the Dow is down approximately 40%. Some with just months to go before retirement have seen their market savings slashed by half or worse.

Meanwhile, we're talking over $4 trillion in U.S. home equity evaporated since 2006. And a lot more downside to go over the rest of 2009 and possibly into 2010.

Yet this same horrible market offers you and me the best investment window in nearly 20 years for the kind of "Plan B Pension" strategy. How so?

See, while most publicly-traded companies constantly hunger for new shareholders ― especially in today's massive sell-off environment ― not all companies go about getting them in the same way.

Some count only on hype, headlines, and PR. Others drum up support with "buzz" on the trading floor. But there's another class of company that takes a different approach.

Instead of hopping on the stock-market treadmill, churning through wave after wave of new investors, these smarter companies look for "owner" shareholders... individuals who believe in the company and look like they'll stick around for the long haul.

And what kinds of companies are these?

Cash-rich. Well-established. Well-positioned. Safe and fundamentally solid. In the right industries at the right time. With a long history of doing good business, doling out cash as steady dividends, taking care of customers, and looking out for their shareholders.

Now, I know what you're thinking. Bonds and many funds pay income too. And that's true. Even if bonds typically only pay twice a year. And those funds, once a year.

And lots of companies pay dividends, some very high dividends. That's true too.

In fact, maybe you're familiar with the study from Ned Davis Research showing how, from 1972 to 2006, dividend paying companies in general did two and a half times better than companies that paid no income to shareholders.

But high dividends and even some medium dividend payers can also come with hidden levels of risk. What's more, many of them don't offer the added income growth and compounding advantages of the "Plan B Pension" plans I'm telling you about today.

It's this special combination of income growth and compounding ― a step beyond just collecting stock, bond, or fund income ― that famous Wharton Professor Dr. Jeremy Siegel credits with producing a whopping 97% of all the real money made on the S&P 500.

Do most market amateurs know this? They do not.

Of course, when it comes to finding the best of these "Plan B Pension" paying companies, lots of market amateurs ― and a few of the so-called pros ― have no idea where to look.

On your own, separating the best from the worst can be work.

That's why I've developed my own carefully crafted approach...

How You Could Lock in Lifetime Income, Using My Strategic Seven-Point Filtering System

Obviously not all income-paying plans get cut from the same cloth. Not all fit the "Plan B Pension" model either. That's why I've crafted what I consider the most bulletproof filtering system for finding reliable, consistent streams of market income...

Filter #1: The Largest Income Yield That Still Makes Sense ― Really high yields can signal far too much risk. Still, you can find some fat yields right now... paid out by some of the most fundamentally solid top stocks for 2010 on or off Wall Street. I don't stop looking once I find higher yields, but I certainly start there.

Filter #2: Bigger and Bigger Income Streams Over Time ― What's even better than regular "Plan B Pension" payouts? Payouts that get bigger and bigger over time. Not only because they speed up your wealth accumulation, but also because they're an excellent sign of a well-managed "Plan B" opportunity.

Filter #3: Cash Payouts Like Clockwork ― Checks that don't come aren't worth the paper they're not printed on. I stick with the "Plan B" opportunities that have a long history of paying out and paying on time. And I steer clear of those who don't.

Filter #4: Businesses Your Mother Could Love ― Short-sighted market players may have forgotten what makes for a best stock, but it's just as basic as ever ― lots of cash, very little or no debt, a steady flow of business, and low expense ratios. I don't touch anything that can't pass those benchmarks. And you shouldn't either.

Filter #5: The Right Industry For the Right Time ― Let's face it. Some top stocks for 2010 work for the long term, and work hard. Others work best in some kinds of markets, and a little less than others. I don't try to time markets. But if something looks extra ripe for solid growth and can pay us cash payouts, I see no reason to hold back.

Filter #6: Payouts as Big as They're Supposed to Be ― Some kinds of "Plan B" companies will have a lot of cash to fork over to you. Others, on a percentage basis, should fork over less. It depends on the businesses they're in. If they're paying more or less than they should, that's a red flag you have to know to watch for.

Filter #7: The Absolute Best Share Price ― Even companies that can put steady cash in your pocket have a fair price. I don't recommend paying a nickel more when you don't have to.

It's no coincidence the most successful and well-known market mega-players in history favor these kinds of companies, in good markets and bad.

It's also no coincidence that right now, these companies are exactly the ones offering the biggest rewards to both new and loyal shareholders... with some of the biggest "Plan B Pension" payouts in 17 years... simply because, especially in this market, these income-payers are eager to attract the "best" kinds of shareholders possible.

It's really that simple. And I can start showing you how to find these companies right now, as soon as you're ready. With a brand new service I've just created, called the Lifetime Income Report.

This new service uses my special seven-point filtering strategy to find you the best income streams possible ― including the "Plan B Pension" payouts we've talked about.

I'd like you to be one of the first to give Lifetime Income Report a try.

To help encourage you, not only will I rush you the free "Plan B Retirement Library"... I'll guarantee your satisfaction 100%... in not just one, but three very specific ways.

"Plan B Pension" Guaranteed Opportunity #1: "Current Cash" You Can Start Spending Right Now

What's the worst part about planning for tomorrow?

Having nothing left to spend right now.

The first thing I'll start showing you in my new Lifetime Income Report service is that it's possible for you to build future wealth... and still have right-now cash... at the same time.

No more punishing early-withdrawal fees. No nasty memos from 401(k) administrators. And you don't need to wait until you're 65 to get paid. This is money you can spend today.

(With your first check arriving as soon as 12 days from right now.)

You Could Get Cash Payouts as Often as Every 12 Days

The following list shows scheduled cash payout dates, based on past results, for the six "Plan B Pension" programs I've identified for you, in the "Plan B Retirement Library" I'd love to send:

In fact, as soon as you agree to try the new Lifetime Income Report research letter... and send for the free "Plan B Retirement Library" set of bonus reports... you'll find included a second report called, Income You Can Count On.

This is your instant primer to everything we'll do together, giving you a chance to piece together a whole fortress of income-driven financial security... while still tapping a stream of immediate cash income.

One of the first things I'll walk you through is what I call my "Current Cash" portfolio.

This is where I track income streams specifically designed to pay the largest possible immediate "Plan B" payouts. We'll use this portfolio to target faster growth and bigger income, right out of the gate.

This is the "right now" part of the program you'll discover just as soon as you send for your FREE "Plan B Retirement Library"... and your "100% Triple-Guaranteed" trial issues of the Lifetime Income Report.

But it gets even better...

"Plan B Pension" Guaranteed Opportunity #2: Self-Renewing Wealth, Even in Flat Markets

Have you ever noticed that some people just work too hard to get rich?

Think about it.

The wealthiest American families... the multi-millionaires and billionaires who hit the headlines... don't really work that much harder or longer than you.

Some even seem to get wealthier... doing nothing.

Except maybe letting their money make more money, all by itself.

How do they do it?

The thing is, using the secrets I'll show you in your FREE "Plan B Retirement Library" and in first issues of my new Lifetime Income Report research letter... you see how you too could also collect similar kinds of "no show" wealth.

Just like those wealth insiders.

Collect in your sleep. Collect long after you've retired. Collect from the front porch of your house on the beach... or the deck of your new sailboat or fishing cruiser.

How many times have you heard of someone who "sits on the board" of a half-dozen companies, raking in best stock option riches while he trolls the golf courses and knocks back champagne at top clubs and restaurants?

The simple strategy you'll find in your FREE reports and first issues shows you the simple formula for putting together as many multiple work-free "paychecks." Allowing you, too, to pile up lots of money that works so you don't have to...

Wealth That Never Retires

I call this kind of self-growing wealth "Legacy Income"...

In each issue of your trial subscription to the new Lifetime Income Report you'll find a second "Legacy Income" portfolio, designed to help you load up on this kind of wealth that can automatically continue to grow.

And no, don't think I'm just talking about the miracle of compound interest. That's an extremely powerful tool. But this is better. And it can work for you, much faster.

Einstein may have called compound interest "the most powerful force in the Universe"... but this is like compound interest on steroids.

And my new Lifetime Income Report will make it simple for you to learn how it works, should you choose to try this yourself.

Not just with how to collect this kind of "Legacy Income" over time... or the "Current Cash" we talked about... but also in a third way, with something I can only call "Special Income."

"Plan B Pension" Guaranteed Opportunity #3: "Special Income" Others Leave On The Table

What's "Special Income?"

It's the pile of income payouts other investors simply leave on the table.

These little-talked-about income payout opportunities don't come on a schedule. You won't read about them much in the paper either, until they're already doled out and it's too late to collect.

But when you can tap these "special income" opportunities... it can be like getting a surprise windfall... a bonus... even a check from a wealthy relative or a fat premium on the sale of a big asset, like a luxury car or investment property.

The companies that offer you this special kind of income usually get the money themselves from winning a piece of corporate litigation, making a major sale, having an especially good financial quarter, and so on... in an unexpected glut of cash.

Naturally "special income" opportunities are harder to spot.

But then, there's that old saying... "It's amazing how lucky I get when I work 16 hours a day."

In other words, to catch a fat "special income" payout, you need to stand in the right place at the right time. But if you let me do the research work for you, there's a good chance I can show you where to stand.

The third portfolio you'll find when you try my brand new Lifetime Income Report service is what I call our "Special Income Portfolio"... and it's where I'll line up "special income" opportunities on the brink of spilling cash into shareholder accounts.

That's three different kinds of potential lifetime income I can start revealing to you immediately, the moment you let me know you're ready to get started.

From the short to long term.

And only the highest quality opportunities I can find...

My Six Favorite "Plan B Pension" Income Streams Right Now

You'll find my six favorite "Plan B Pension" payout programs right now... in your free copy of The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life.

This free report is just one of the three reports included with your instant "Plan B Retirement Library" bonus. And it's yours at no charge whatsoever, the moment you accept my invitation.

Here's a small taste of the kinds of wealth moves you'll find inside...

A North Carolina based "Plan B Pension" plan that's increased the size of its cash payouts to members every year since 1978 ― that's 30 years straight ― and that doesn't include the instant 5% gain you could make every time you use their zero-fee plan to pick up more shares

Easily the most popular "Plan B Pension" opportunity in America, this 39-year old company has sent its members cash "paychecks" each of the 458 months in a row… and they've bumped up the amount in those checks 51 times since 1994

A "Plan B Pension" plan that's handed out cash payouts to its members steadily every year for the last 38 years straight. And backed by a business that couldn't be safer, because they dominate 75% of the massive, worldwide market for the household product they make

A "Plan B Pension" plan that the London Financial Times is calling a kind of safe haven in the latest global financial storm. This one plan has steadily doled out bigger and bigger cash payouts to members, every year since 1997

A major play on the Brazil boom, with a "Plan B Pension" plan that could give you nearly double-digit income, with the safety of a solid energy company. This could easily be a way to pick streams of steady cash you can spend as you like

A "Plan B Pension" play so popular, it has over $3.8 billion in the program and offers regular cash payouts that are already 16% larger than they were in October of last year… for a total of nearly 12% payouts on every dollar you put in the program, regularly paid to your account.

Again, all six of these are fully detailed in your free copy of The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life ― which you're welcome to download or have mailed to you, the moment you sign on.

I can't wait for you to try this for yourself.

The Simple Secret That Could Pay Your Retirement Millions

Of course, you don't need to wait until you get your free reports to see the evidence behind this approach. For instance, let's say you had used the "Plan B Pension" strategy to pick up 160 shares of Pepsi in 1980.

It would have cost you $4,000.

However, that amount would have automatically grown to over $300,000 by 2004, without you investing another penny. Not bad?

Now let's try the same with Philip Morris... starting with the same dollar amount, which would have amounted to 58 shares. By the time you'd finished, your $4,000 would have ballooned to nearly $600,000... and over 4,300 shares.

Without you putting in an extra nickel.

Here's another one. Say you put $5,000 into a company called Terra Nitrogen in 2003. That's 1,136 shares at the then-price of $4.40 per share. Today the share price has exploded to $110 per share. Pretty good. But the "Plan B Pension" income on top of that could have exploded your $5,000 into $151,026 in just five years.

Like I said, it's an almost perfect self-growing cycle.

Like a tree that waters and fertilizes itself.

Take a look at a few more...

One of the moves I've tracked since Jan. 2005 would have grown every dollar you put in 155%. Not bad. But make that same move using a "Plan B Pension" strategy and you would have more than tripled your money, for a total net gain of 244.8%. Much better

Another move I'm tracking has already issued enough "Plan B Pension" income checks... from 2003 until now... to cover double what it might have cost to get in... plus the shares in this one plan alone, over that same time period, also shot up another 329%. Even now, I see this as a steady income-payer for years to come

One more of the many possible "Plan B Pensions" I've just tracked has cranked up the size of the income it pays out with every single check, steadily for the last 10 years... already, had you started getting your checks in 1998, you'd collect nearly 40% more per check right now, above what you earned when just getting started. It's like getting an automatic pay raise that you don't have to lift a finger to earn.

Over the last 80 years, regular hot stocks for 2010 could have turned $10,000 into about $1,013,000. Fold in the kind of income that you can get with these kinds of "Plan B Pensions" and $10,000 grows to a dazzling $24,113,000.

And that includes results in all kinds of markets.

The Only Money Strategy That "Works" In Good Times or Bad

One study shows "Plan B Pension" companies can consistently double the gains other individuals get following the S&P 500 alone.

And not just in the "best" years, but over the period between 1970 and 2005... which included at least seven bear markets... a half-dozen wars and minor military skirmishes... on-again-off-again energy crises... countless rate hikes... and piles of political scandal...

In a down market, you'll see the market flock to "Plan B Pension" companies for cash. In up markets, "Plan B Pension" companies have even bigger cash piles to divvy up.

Even in a flat market, you can do well with a "Plan B Pension"... because it's the one way you can be sure that no matter what happens, you qualify to get paid.

Just looking at the last two decades, the kinds of moves you'll make with the "Plan B Pension" approach accounted for more than half of the total return on the S&P 500.

This is the best way to reward steady, cool-headed market players I know of.

And yet...

You'd Be Stunned to Discover How Many Americans Miss Out on This Simple, Wealth-Boosting Step

This is so easy to set up, you'd be shocked to find out how many Americans don't ever discover how to put "Plan B Pensions" to work. But don't let that stop you from getting started.

Send for your free "Plan B Retirement Library" reports.

Look over your first issues of the Lifetime Income Report.

You'll see how this can work for you automatically, in a self-growing cycle of income. And likewise, how you can also use this approach to tap a stream of "right now" cash.

Your first check could arrive within days of right now ― the next payout date as I write this is March 14, 2009 ― followed by as many as 38 checks, each and every year you decide to stick with this "Plan B Pension" strategy.

That's just the beginning.

Because you'll find even more of these opportunities... and others like them... as you dig into your introductory "100% Triple-Guaranteed" trial subscription to the Lifetime Income Report.

I hope you see why you need to seize this opportunity.

But just so we're clear on what you'd be giving up...

Let's Run Through All This One More Time

Everything you need will start arriving immediately.

First I'll rush you your FREE "Plan B Retirement Library," which gives you three full and detailed new research reports on how to get started immediately on collecting and building these endless streams of "Plan B Pension" income, including...

FREE "Plan B Pension" Payout Gift #1:
"Income You Can Count On"

This is your full start-up guide to "Plan B Pensions" and other key kinds of work-free income. You'll discover exactly how this strategy works, how to set up one of these lifelong income streams in as little as 10 minutes, and how doing this can give you both cash right now and cash you can set aside for the future. (Worth $49, Yours FREE w/ Your Trial Subscription.)

FREE "Plan B Pension" Payout Gift #2:
"Let Your Money Work For You: The Smart
Investor's Secret Trick to Retiring With Millions"

If you've ever wondered how "PWM" (People With Money) seem to get even richer while they sleep, you'll love discovering this technique. Anyone can do it, even without a fortune to start. It's automatic. And it's deceptively simple. Maybe you know a little about it already, but there's more I'm sure you don't. Find the full details in this second special new report. (Worth $49, Yours FREE w/ Your Trial Subscription.)

FREE "Plan B Pension" Payout Gift #3:
"The 10-Minute Retirement Recovery Plan: Six Easy Ways To Lock In Steady Income Checks For the Rest of Your Life"

When we first started pulling together this special invitation, I already had three of these unique "Plan B Pension" opportunities set aside for you to review. Since then, we found more... stopped the presses... and now you're getting all six of my latest, favorite new income-expanding picks. You'll want to jump on these now while you can get in at the best possible moment. Find all six steadily paying plays in this third special report. (Worth $49, Yours FREE w/ Your Trial Subscription.)

That's a total of $147 in special research reports... yours FREE.

And yours to keep, even if you cancel your trial subscription.

Download this full set of free reports immediately, and I'll also drop them in the mail for you. And of course, you'll also receive...

Your Own Private Lifetime Income Password ― I'll immediately see to it that you get your private password to our brand new, members-only Lifetime Income Report website, where you can download past issues, pick up regular updates, and track our three special income portfolios around the clock.

Members-Only "Flash Alerts" To Make Sure You Don't Miss a Thing ― As part of your subscription, you'll immediately qualify for flash e-alerts that will keep you up to date on anything that impacts the plays in our three special portfolios. This way, you won't miss a beat between issues.

My Brand New Research Service, the Lifetime Income Report ― The crown jewel of this whole invitation, of course, is the never-before-offered Lifetime Income Report... where you'll find your pick of powerful streams of "work-free" income. Every issue names my latest recommendations, reveals my full research, and shows you exactly how to proceed. Plus, I'll always tell you exactly what's happening in the portfolios, from how to pick up piles of "current cash" payouts to how to continue to build your own steady stream of "legacy income." You'll find everything you need, month after month.

And last but not least, you'll receive the legendary Daily Reckoning e-letter ― now in its 10th year ― delivered right to your inbox. You'll also get the paid members-only Executive Series, which includes The 5 Min. Forecast and The Rude Awakening, two exclusive e-letters with specific ideas on how to make more money today.

I know of no better way to have income now while still preserving your financial security... that's what you'll experience when you give the Lifetime Income Report a try.

This is the best possible thing you can do with your money.

Not just right now, but in any market.

And getting started right now couldn't be easier...

Just 27 Cents Per Day, For a Potential Lifetime of Income

With your "Plan B Retirement Library" alone... you're already getting almost $150 in free research reports... that could be worth many times more, even with your first payout check.

And with the private members-only website... plus the flash alerts... and the trial issues of the Lifetime Income Report... let's just say that my publisher usually likes to charge as much as $199 a year for this kind of thing.

And even at that price, I'd say that's an enormous value.

But here's the deal. I know this service is new. And I know you like to make your choices wisely... so here's what I've arranged: if you cover the first half of your trial subscription, I'll cover the second half.

In other words, to accept this special "early subscriber" invitation, you'll pay just $99 ― half of my publisher's preferred price ― for a full 12-month trial subscription to my brand new Lifetime Income Report research letter.

That works out to just 27 cents a day.

For research that could quickly put thousands of extra dollars in pocket... money every month... not to mention up to 38 "Plan B Pension" payout checks this year alone...plus the potential for several hundred thousand dollars added to your retirement nest down the road.

Doesn't that sound like a fair invitation?

Naturally, either way everything I mentioned above is included. And all three special reports in your "Plan B Retirement Library" are yours to keep. No matter what.

Triple-Guaranteed Satisfaction... Or All This is Yours Free!

Just in case you still have any doubts, see if this helps you decide...

Send for the three reports in my "Plan B Retirement Library"... plus a full subscription to my brand new research letter, the Lifetime Income Report. Soak up the easy recommendations.

Promise #1: If you don't discover how to start collecting cash payouts within weeks of getting started... cancel and you'll immediately get a full refund.

Promise #2: If I don't show you how to lock in instant "Plan B Pension" gains on every payout you receive from the companies I'll name... plus how to use this to build long term wealth... cancel and still get a full refund.

Promise #3: Even if we get to your last issue of your full subscription, if you decide I just haven't done all that I've promised to help you find these kinds of special payouts... you can still cancel and get a full refund, despite the late date.

No matter what, you'll keep everything.

This is a "lifetime" guarantee.

That is, you have the full length of your subscription to look everything over.

If the Lifetime Income Report isn't everything I've said it was, tell me and I'll send you a refund to cover your no-risk trial subscription.

You'll pay nothing and still keep everything.

Doesn't that sound fair? I hope so. Because this is one of the most airtight and generous guarantees around. I believe that much in what I'm about to send.

Of course, you can look everything over and decide for yourself.

Just let me hear from you soon, before the next payout date ― March 14, 2009 ― comes and goes.

Use the button below to let me know what you want to do.