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We saw the market drop as called for by the triangle pattern and Fibonacci retracements that I mentioned in my last article.

Typically, I would take personal credit for predicting this drop, however, it just occurred to me that all I was doing was reading charts and patterns fairly accurately, based on what I learned from a lot of great minds before me, and those who's books and letters I have read, along with the classes and lectures I attended. So credit goes to the teachers.

I do take credit for taking personal action that resulted in securing significant trading gains during the past six weeks, based on the charting patterns I saw (can't wait to compare my next quarter results with Warren Buffet's!) Taking action is like a commitment, both scary and exciting.

The most important advice I can give you is to do your due diligence and make informed decisions. If nothing is working for you - have the strength and faith to change your choices. This takes commitment, action and courage (and sometimes a leap of faith) - faith in yourself.