An “Old as Dirt” Trading Tool That Just Plain Works

I love things that just plain work.

I have a Shadrack car-top ski rack by Allsop that cost me $40 brand new in 1986.

It’s just some nylon straps that don’t hurt the car’s paint, with some epoxy-coated hooks that grab onto the doorframe.  There are four sets of plastic ski holders attached to the nylon straps with ingeniously simple elastic ties that secure the skis.  I can install the rack and toss four sets of skis on it in 3-5 minutes. 

I wouldn’t trade it for any fancy $500 roof rack out there. (They quit making these 20 years ago – and I’ve really tried to find them.  So please let me know if you’ve found somewhere to buy an extra one…!)

Every time I put this wonderful gadget on the car, my wife has to endure a soliloquy where I extol its magnificent design. 

And why not? 

It makes something that should be a chore (mounting skis for a trip) into a sheer delight.

And I love trading tools that work this way too – turning tasks like finding extremes from being a labor into something simple and easy to execute.

Last Saturday, I spent some time in our 10-Minute Millionaire Weekender Video talking about how we buy stocks in a broad market that doesn’t give any significant pullbacks.

We looked at three very recent examples – two from my elite Stealth Profits Trader service, and our most recent recommendation here at The 10-Minute Millionaire.

Today, I want to dig a little deeper.

I want to show you how I used my single-most-used tool for identifying and confirming extremes on these trades.

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