Welcome to the ALLEY CAT NEWSLETTER !

October 5th, 2005

GOLD PRICES/NEWS

Gold prices have obviously broken out since the last newsletter. I said in the last newsletter it had some resistance and if it broke it would test the highs well it went well past the highs. The trend is still up though the daily charts look a bit tired.

On the daily charts need to get a close above $473 to continue its move higher. On the weekly charts it needs to stay above $456 to continue its bullish move.

I DO NOT HAVE A CURRENT POSITION IN GOLD AND DON'T PLAN TO BASED ON THIS INFORMATION.

ALWAYS LOG INTO EGOLD VIA https://www.e-gold.com ,bookmark it, and use your bookmark to go to the site rather than via any e-mail or link online.

PLEASE USE YOUR HEAD WHEN IT COMES TO E-MAIL. Egold/Paypal will NEVER e-mail you asking you to log in, so when you get an e-mail like that DELETE IT.

You can always find the current issue of Alley Cat News on the website under Newsletter.

STOCK DOUBLING NEWSLETTER

The jist of it is, I will pick one stock to invest in. I will start
with $500 and try and double it with each stock purchase.

So if the stock goes from .50 to $1 in 6 months I would cash out. Or
if it went from $3 to $6 in 12 months I would cash out.

The goal is to double (100% return) every 12 months. After 11
stocks (whether that is every 6 months or every year) if you started with
$500 not including commissions or taxes you would have over $1 million.
So if each stock took 12 months to double that would be 11 years to
turn $500 into $1 million.

Will that work?? I have NO IDEA. On paper its easy to do the math
but will see what happens in the real life.

Here is my plan.......

The month of October I will do research to find that 1 stock to invest
in. At the end of October or Early November I will buy into that stock with
a $500 investment. (NO not paper trading real $$)

I will send out 1 monthly email about the stock. (Where I think its
going, any news over that last month etc...)

So for a course of a year you would get 13 issues of the Stock Doubling
Newsletter. The initial Newsletter of the stock I am going to buy + 12 monthly
issues.

This will be the first newsletter I charge for though. It will be $25
per year which equals less than $2 an issue.
Which could be paid via paypal or egold. I want to see first though if there is enough interest in the newsletter to start it. As it will take me many hours for researching the stock to buy, and the monthly updates etc...

Let me know if you have an interest in the Stock doubling Newsletter or
any questions about it.

Just send me an email at alleycatnews@alleycatnews.net with the
subject Stock newsletter.

http://www.simpleforex.com

The Simple Forex challenge page has been updated for September and is available at http://www.simpleforex.com/challenge

Here are a couple of charts that I promised last newsletter. This first one is a winning trade in the Swiss Franc of 53 pips.

Click on Chart to Enlarge

The Second chart is of a recent loser we had. Yes we do have losing trades and I am not afraid to post them.

Click on Chart to Enlarge

* YMMSS cycle time is about 1 year now. A big difference from the 90 days when most people joined that program. Hopefully they can recover.

* My contact information is always at the bottom of each Newsletter.

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